Cardano Emerges as Most Promising Sub-$1 Crypto Heading Into 2024
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Polygon is an Ethereum scaling solution, but faces lots of competition and a struggling NFT market. Its growth has stalled despite a major rebranding effort.
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XRP continues to be popular but struggles with an ongoing SEC lawsuit that has dragged on for 3 years and could continue into 2024.
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Cardano is still a top 10 crypto but wrongly has a reputation as a "ghost chain" where nothing happens. Its valuation seems too low compared to Ethereum.
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Cardano's DeFi growth has exploded in 2022, suggesting its future prospects deserve more investor attention.
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Of the 3 sub-$1 cryptos discussed, Cardano seems the most promising to add to a portfolio going into 2024.