After enduring a tough crypto winter between 2022 and 2023, the cryptocurrency market rebounded in 2024. Rising prices across the board has encouraged investors to participate in the market, promoting enhanced investor confidence and liquidity.
As we head into the second quarter of 2024, c NFT Finance (NFTFN), Aevo (AEVO), and BOOK OF MEME (BOME) have emerged as the top altcoins of April, offering immense growth prospects and would be valuable additions to the portfolios of investors looking to make quick money this year.
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Aevo (AEVO)
Aevo is a decentralized exchange that runs on an EVM-based Ethereum optimistic rollup called Aevo L2. This derivatives exchange allows users to trade cryptocurrency options, perpetual futures and even pre-launch tokens. This DEX boasts a trading volume of $30 billion, processing more than 5,000 transactions per second (TPS).
Over the past three weeks, Aevo’s namesake native token has witnessed a growth of more than 29%, pushing its market capitalization to $293 million. AEVO is currently trading at $2.6, with a daily trading volume of over $157 million. AEVO also serves as the governance token for Ribbon Finance, enhancing its growth prospects in 2024.
NFT Finance (NFTFN)
NFTFN is a leader in the web3 fintech space, offering innovative solutions for the problems that currently plague the non-fungible token (NFT) market. With revolutionary products like SuperNova (SNV), NFTFN offers traders exposure to blue chip NFT collections like BAYC, MAYC, Doodles and Azuki, for as little as $10.
NFTFN is currently in stage 2 of its presale, where investors are lining up to buy the token for just $0.030. In very little time, the presale has managed to raise over $400,000. NFTFN has also raised over $500k from investors like Polygon and Chingari. Based on the impending success of the SNV platform, and the rapidly growing NFT market, crypto pundits speculate a significant surge in NFTFN’s value in 2024.
BOOK OF MEME (BOME)
BOOK OF MEME emerged from the Solana ecosystem last month, and witnessed a rapid growth in its popularity. In the highly competitive meme coin sector, BOME has managed to carve a niche for itself by capitalizing on the meme hype. In its less than a month, BOME has passed major milestones, including a market capitalization of over $700 million.
BOME has prioritized the cultivation of a strong community, and to that end actively engages with users on social media platforms like X (formerly Twitter) and Discord. At the time of writing, BOME was trading at $0.01, with a daily trading volume of over $477 million. With favorable tailwinds from the broader crypto market, BOME is expected to rally in the coming months.
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