Release: 2024/10/04 15:34 Reading: 989
Web 3.0 Altcoins to Watch in Q4 2024 and Beyond
October 4, 2024
Web 3.0 leverages blockchain technology to create decentralized protocols and applications through cryptocurrency tokens. With the anticipated rapid growth of Web 3.0 cryptos, this guide highlights three promising altcoins to consider for Q4 2024 and beyond: PEPE, SHIB, and ADA.
PEPE: Riding the Bullish Wave
Priced at $0.000085, PEPE boasts a market cap of $3.61 billion, ranking 25th overall. Trading volumes have surged to $1.18 billion in the past 24 hours, indicating heightened investor interest.
PEPE's total circulating supply is 420.69 trillion tokens, making up its entire supply. This stability in a volatile environment has attracted both retail and institutional investors, making PEPE a strong contender in the meme coin space.
Shiba Inu (SHIB): Whale Activity Signals Opportunity
SHIB has seen a remarkable surge in whale activity, with netflow increasing 2,944% in 24 hours. This indicates growing confidence among large holders and hints at a potential price rally for SHIB.
Data shows that 322.7 billion SHIB tokens flowed into a whale wallet, contrasting sharply with the previous day's -10.96 billion. This shift in sentiment may suggest more positive movements for SHIB.
Cardano (ADA): Unlocking New Potential
On October 2, Cardano will unlock 18.53 million ADA tokens, valued at around $7.37 million. This release is expected to positively impact Cardano's price and market standing.
Analysts predict that this token release could boost Cardano's market dominance and drive further growth for the altcoin.
Conclusion
PEPE, SHIB, and ADA stand out as promising Web 3.0 projects to watch in Q4 2024 and beyond. Their recent developments and market trends suggest they could perform well in the evolving cryptocurrency landscape.
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