This November, Bitcoin (BTC) showed brilliant results: the coin updated historical highs several times and even tried to take the $100,000 mark by storm. The leader of the crypto market was followed by many altcoins that deserve no less attention from investors.
We are talking about three little-known altcoins that may pleasantly surprise traders and investors in December 2024.
Virtual Protocol (VIRTUAL)
VIRTUAL recently surpassed $1 billion in market capitalization and has solidified its position as a rising star among AI altcoins.
Over the past month, the token has grown by 355%, and in the last 24 hours – by 26%. At the time of writing VIRTUAL traded at $1.39. As market interest in digital assets from the artificial intelligence segment continues to grow, we can safely say that VIRTUAL’s growth potential is far from exhausted.
As of the time of writing, VIRTUAL remains in second place among all tokens from the artificial intelligence segment. It is second only to Artificial Superintelligence Alliance (FET), but leaves behind such giants as RENDER, TAO and WLD.
Python Network (PYTH)
Pyth (PYTH), the native token of the Pyth Network, is up 28+% in the last 30 days. Now he traded at $0.4802 – this is significantly lower than the ATH of $1.15, which was recorded on March 16, 2024.
Meanwhile, the network’s TVL rose to $520 million from $408 million last month. There is also a positive trend here. However, the figure is still below the record $1.37 billion recorded in the same March.
If PYTH maintains its current momentum, it could break through the $0.49 resistance and test the $0.55 or even $0.60 level in the near future.
Raydium (RAY)
The Raydium (RAY) platform has become one of the largest decentralized exchanges (DEX) in the world, surpassing even such giants as Uniswap and PancakeSwap. The exchange mainly makes money on commissions: over the last 30 days, its profit has exceeded $200 million. Also, the development of Raydium supports the popularity of memcoins.
The exchange’s native token, RAY, is up an impressive 1,367% over the past year and 83% over the past month. As of the time of writing this review, the token is trading at $5.72. It still remains below its all-time high, which was recorded in 2021 above $16.
Given Raydium’s stellar performance in the market, it can be assumed that the exchange token will continue to grow. Especially when the full-fledged altcoin season begins.
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Source: Cryptocurrency
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.
