Trends, tips and market analysis

By 2024, we will likely observe several major trends related to cryptocurrency, including the involvement of activists in movements (specifically Warpcast and Friend) with decentralized social media platforms. Uncensored technology allows you to decide what type of information you want to share.

Uncensored technology provides ready-made architecture for the game developers to build decentralized social media networks to enable users to move from one platform to another with their own content.

Restaking, which was initially introduced in the Ethereum network, works in the way that validators include their liquid staking tokens (LST) as inputs to work on the restaking network and get rewards from it. It helps improve basic blockchain crypto-economic security and also gives token holders the opportunity to get additional rewards.

Due to the success of the reboot tactic, there are several EigenLayer clones and competitors. It is assumed that there will be layers for data availability in 2023, this is due to Ethereum’s roll-centrism scale. The modular data availability blockchains include Celestia, NEAR, Avail and EigenDA.

DePIN networks, which are blockchains that create, manage and manage real structures, have attracted the attention of cryptophiles since 2023. They are predicted to expand in 2024 and receive more interest from investors because they are suitable for various AI industry use . DePINs are decentralized permissionless marketplace for controlling infrastructure in media, gaming, AI businesses and services, information bio and life science sectors.

Another development is the tokenization of real assets (RWA), which contributes to its goals of achieving secure and decentralized trading of services, property rights or parts, and fractionalization of ownership.

Despite going through numerous bear markets, RWA tokenization technology was endorsed by BlackRock, the world’s largest asset manager, in 2024, allowing crypto investors to participate in the earnings of returns while holding the token.

The expectations for 2024 show that AI crypto will increase in the future. In particular, there are two types of crypto projects – those that enable AI operations, in addition to those that produce artificial intelligence solutions along with offering artificial intelligence services: while data storage along with computing resources are the main priorities for AI-focused DePINs, the latter is primarily aimed at creating a secure decentralized marketplace for AI applications.

The cryptocurrency market has two approaches adopted by investors and traders, which include fundamental analysis and technical analysis.

Fundamental analysis: Assesses the inherent value of money by looking at factors such as technology, personnel, market penetration and legal conditions. This approach is followed by investors who prefer projects that have a good foundation for growth.

Technical Analysis: Traders undertake trade analysis to predict future market behavior based on historical price and volume data. It is usually applied by traders to identify short-term trading strategies advised by patterns and cryptocurrency trends.

• Secure updates: Keeping your pulse on the most recent events and innovations within the field of cryptocurrency will be key. Prices can be greatly affected by regulatory changes, advances in technology or market sentiment

• Diversify your portfolio: It is unwise to put all your eggs in one basket. Diversifying with different types of money can be a way to reduce risk in a volatile market.

• Use risk management tools: Use stop loss orders and take-profit levels to manage your risk effectively. This can protect your funds during abrupt market movements.

Understand how cryptocurrencies work before committing your money to them. This will help you make better decisions in the future.

TradingView: Provides technical analysis and cryptocurrency insights, various indicators and charts specific to cryptocurrency trading.CryptoCompare: It provides various types of market information, charts and features for the technical analysis of charts.

CoinMarketCap: This site contains detailed information on various cryptocurrencies, providing details on the market capitalization, trading volume and more with historical data.Messari: Veer’s client’s in-depth analysis and research reports, project briefs and fundamentals of an investment proposal.

CoinDesk: The site offers constant updates and a comprehensive overview of the trends, news and figures in the crypto world.CoinTelegraph: It provides top news, real-time updates, market reviews for cryptocurrencies, and is based on blockchain technology.

Glassnode: Glassnode is an on-chain analysis service that provides an overview of blockchain activities, statistics and data to provide an overview of the blockchain and its transactions. Sentiment: Provides real-time data for on-chain, social and development analysis of crypto-assets and initiatives.

LunarCrush: Summarizes the trends found on social media and the influencers that are in the related market.-The TIE: Uses applied artificial intelligence to predict sentiment regarding the cryptocurrencies from social media and news articles.

These resources help investment and trading clients to develop further cryptocurrency market insights with a view to gaining a reasonable ability to make proper market decisions based on empirical evidence. Provides various tools for technical analysis, accompanied by a set of popular stock charts and market data.