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Cryptocurrency expert Cheeky Crypto has shared his predictions for the cryptocurrency market in 2024, focusing on the potential growth of altcoins. In a recent video, Cheeky Crypto discussed which altcoins he believes could perform well in the coming year, highlighting two key sectors: Artificial Intelligence (AI) and metaverse gaming. He also said that these altcoins can see a 100x growth.
According to Cheeky Crypto, 2024 could see significant advancements in AI-related cryptocurrencies. He explained that as AI technology becomes more integrated into daily life, projects leveraging AI in the crypto space may experience a surge in popularity. Cheeky Crypto specifically mentioned projects like Singularity Net and Singularity Dow as ones to watch in this space. Additionally, he noted the importance of decentralized AI solutions and highlighted initiatives on the Cardano blockchain, such as Hypercycle, as potential game-changers.
In addition to AI, Cheeky Crypto believes that the metaverse gaming sector could see a resurgence in 2024. Despite previous hype around the metaverse, some projects failed to deliver, but Cheeky Crypto remains optimistic about the potential of certain initiatives. He pointed out Cornucopius on the Cardano ecosystem as a promising project due to its high-quality game metaverse. Another standout project mentioned by Cheeky Crypto is Sandbox, which offers a gaming platform reminiscent of Minecraft and could see major development in the coming year.
Cheeky Crypto also touched on the topic of decentralized finance (DeFi), expressing hope for it. Despite recent challenges, Cheeky Crypto stressed the importance of DeFi in providing financial services to underserved communities globally. He believes that DeFi-based projects with strong tokenomics could experience significant growth in the coming year.
Overall, Cheeky Crypto’s insights suggest that 2024 could be an exciting year for altcoins, particularly those operating in AI, metaverse gaming, and DeFi. Investors are encouraged to keep an eye on developments in these sectors as opportunities for growth emerge in the cryptocurrency market.