The recent Crypto Guide studio day, hosted by Kevin and me (CryptoKimmy), highlighted some promising crypto projects that are expected to steal the spotlight in the coming months. In this article, we dive deeper into the world of ROSE, KOINOS, TAO (from Assad Crypto click on the name for his discord and more tips from Assad Crypto) and LUXO (from Bitkoning click on the name for his discord more tips from Bitkoning). Interviews with the background of these gentlemen and much more interesting info and tips will be coming out in the next few weeks!
These projects not only have impressive technological foundations, but also embody innovative approaches to address some of the most pressing challenges in the blockchain industry. In this article, we will take a look at four cryptocoins that look promising in 2024.
Assad began his journey in cyptocurrency in 2017, As the only son in his family, making money was more of a must than a plus. Assad shares Coin Alerts in his Discord community. Some of his favorite coins of 2024 are:
Table of contents
ROSE (Oasis Network)
ROSE is the native token of the Oasis Network, a scalable, privacy-first blockchain network for open finance and a responsible data economy. According to forecasts, the price of ROSE could fall to about $0.109466 by January 2024. However, long-term forecasts suggest that the price of ROSE could rise significantly, possibly to as much as $1.188061 by 2030. This makes ROSE an interesting coin to keep an eye on in 2024.
- Background:
- ROSE is the native utility token of the Oasis Network, a blockchain platform that focuses on privacy and scalability. Oasis Network aims to ensure data privacy while offering high performance and decentralization.
- Interesting features:
- ROSE is used to pay transaction fees, ensure security via strike and as a governance token.
- The platform uses a two-layer architecture consisting of the consensus layer (Consensus Layer) and the execution layer (ParaTime Layer), making it both scalable and flexible.
- Why interesting in 2024:
- Oasis Network's focus on privacy may be appealing at a time when users increasingly value the protection of their personal data.
- Any further developments in scalability and functionality can facilitate adoption.
KUJI
Here is a summary of Kujira (KUJI), its characteristics and why it may be interesting in 2024:
- Background:
- Kujira is a semi-permissioned blockchain ecosystem designed to ensure the quality and longevity of its network by requiring governance approval for contract launches. Built on the Cosmos network, it aims to provide a diverse set of decentralized financial (DeFi) infrastructure and sustainable financial technology for various Web3 users. Kujira's vision was shaped by the collapse of the Terra ecosystem.
- Interesting Characteristics:
- Grown-Up DeFi: Kujira is a platform for community-selected projects that create real value.
- Semi-Permissioned: For a contract to launch on Kujira, it must be voted through governance. This ensures that the quality, sustainability and longevity of the network are protected.
- On-chain Scheduler: Allows protocols to be designed with much less reliance on bots, meaning far fewer wasted transactions.
- Native Token Generation: Smart contract developers no longer need to manage two separate access points in their contracts, just design for a native denom.
- Why Interesting in 2024:
- Kujira is being used more every day, and the increase in the number of users is also causing companies to show more and more interest. This is all positive for the price of Kujira. Moreover, some sources predict a bullish trend for KUJI token, with significant price increases, making 2024 a potentially lucrative year for cryptocurrency investors.
TAO (Bittensor)
TAO is the native token of Bittensor, a decentralized neural network. According to predictions, TAO's price could rise to $242.86 by January 2024. This, along with the innovative technology behind Bittensor, makes TAO a coin to keep an eye on in 2024.
- Background:
- TAO is a decentralized and autonomous organization that aims to develop a secure and sustainable ecosystem for blockchain applications.
- Interesting features:
- TAO uses a hybrid consensus model that combines Proof-of-Stake (PoS) with Proof-of-Work (PoW).
- The project focuses on providing infrastructure for the development of decentralized applications (dApps).
- Why interesting in 2024:
- The hybrid consensus model can provide a balance between security and scalability.
- If TAO successfully provides infrastructure for dApps, the project could become relevant in an era when decentralized applications are becoming increasingly popular.
We previously visited Bitkoning several times after meeting at Bitcoin Amsterdam (click to watch the video) with Kevin. Bitkoning is also one of the early adapters and is featured in various capacities in various interviews. We also talk about his courses, training and coaching and he deepens what they entail. He gives us a great tip, and the rest can be seen during the interviews.
LUKSO
LUKSO also known as LYX is a blockchain platform focused on creating a new digital system of fashion and lifestyle. Although no specific price predictions are currently available for LYX in 2024, it has been mentioned as one of the most promising new cryptocoins for the coming year.
- Background:
- LUKSO is a smart contract platform built based on the Ethereum network, aimed at addressing scalability issues and reducing gas fees.
- Interesting features:
- LUKSO is using a new consensus method called Proof-of-Gold, which should be more efficient than traditional Proof-of-Work.
- The platform aims to reduce transaction costs and improve the speed of smart contract execution.
- Why interesting in 2024:
- If LYX succeeds in reducing costs and improving performance, it could be attractive to developers and users looking for cost-effective blockchain solutions.
- Compatibility with the Ethereum network may facilitate a smooth transition for developers.
- Regarding price information:
- LUKSO's live price today is $9.97 USD with a trading volume of $948,327 USD over the past 24 hours.
- The current CoinMarketCap ranking is #231, with a live market capitalization of $304,353,474 USD.
- It has a circulating stock of 30,535,907 LYX coins and the maximum stock is not available.
Conclusion
As we explore the horizon of 2024, we cannot help but marvel at the bold steps the crypto world is taking. ROSE, KUJI, TAO and LYX represent just a few of the promising projects that could make a significant mark on the future of blockchain technology. As investors and enthusiasts, it is crucial to follow these developments with a critical eye, as they not only have the potential to challenge current norms, but also to open new doors to a decentralized and innovative future. In a world that is constantly in flux, 2024 promises to be a year when the boundaries of blockchain are pushed and when these exciting crypto projects will potentially lead the way to a new era of technological advancement. As always, it is important to do your own research and make careful considerations before deciding to invest in a cryptocoin.
Stay tuned and see our guests in the studio soon who have even more to say!