The last quarter of the year is often marked by increased activity in the cryptocurrency market. Experts and investors are looking for tokens and memecoins that can deliver high returns by the end of 2024.
Near Protocol ($NEAR)
Over the past seven days, $NEAR's price surged by 32.24%, reaching $5.33 at the time of publication. This rise has sparked discussions in the crypto community about the token's potential for future gains. Analysis from the Santiment platform shows that there has been an increase in the layer-1 Proof-of-Stake (PoS) blockchain ecosystem development activity, reversing the trends of the first two quarters of 2024. Technical analysis also points to several bullish signals. According to data from TradingView, the Moving Average Convergence Divergence (MACD) signal shows a positive trend. Furthermore, the cryptocurrency is currently trading above its 9-day and 21-day moving averages, which experts believe will translate to continued upward price momentum in the long term.
UNITS Coin ($UNITS)
UNITS Coin is a relatively new player in the crypto market but is quickly gaining attention due to its revolutionary approach to tokenizing real-world assets (RWA). According to the project's developers, UNITS aims to democratize access to premium investments like real estate and fine art through fractional ownership via NFTs. Using blockchain technology to increase liquidity and streamline transactions for traditionally illiquid assets, UNITS Coin addresses a major issue in traditional financial systems. The project's tokenomics employs a deflationary mechanism, where a portion of rental income and property sales is used to burn tokens. $UNITS is currently on sale at $0.16. The positive sentiment surrounding the token's sale launch suggests that early backers could potentially earn substantial returns when the token is finally listed on exchanges.
Sui ($SUI)
$SUI investors, the native token of the Sui blockchain, could end Q4 2024 with significant gains. Having reached its all-time high of $2.17 just six months ago, the token surged by over 10% in the first week of September. It has since seen an 80% increase in the last 30 days, according to Coingecko data. Launched in 2023, Sui is a layer-1 blockchain designed for high throughput and low latency transactions. The SUI ecosystem features unique characteristics such as object-centric architecture and parallel transaction processing, which contribute to blockchain adoption. The Sui blockchain has also been expanding, with recent upgrades allowing developers to flexibly build decentralized applications (dApps) on the platform. Experts believe that investors will be flocking to the SUI markets to take full advantage of the predicted end-of-year crypto market bull run.
As we reach the final quarter of the year amid market uncertainty, investors will be looking for options beyond Bitcoin. Coins like $NEAR, $UNITS, and $SUI are good alternatives for those seeking diversification in their investments.
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