Stellar and Monero are basically “legacy” cryptos at this point in time, having been established very early into the industry’s lifecycle and peaking early on.
However, neither Stellar or Monero are expected to generate anywhere close to their record highs in 2024 or 2025.
Instead, analysts are pointing towards newly launched revenue sharing DeFi platform Zig Network (ZIG) as having the potential to soundly outperform Stellar and Monero towards the end of 2024 and throughout 2025.
Learn why crypto enthusiast are buying into stage 1 of the Zig Network presale.
Stellar fails to pump even after MasterCard partnership
Stellar recently inked a partnership with global TradFi payments giant MasterCard to integrate the latter’s MasterCard Crypto Credential product with the Stellar blockchain. The partnership will enable faster fiat to Stellar XLM conversions in line with Crypto Credential’s goal of verifying fiat to crypto transactions on different blockchain networks. However the announcement has failed to boost XLM price action. As of press time XLM continues to trade around the $0.09 range, recording a 0.5% loss in the past 30 days.
Monero price action stalls
Montero has been thoroughly outperformed by 75 of the top cryptocurrencies in the past month. XMR token prices have fallen by 9% in the past month, coinciding with a substantial 12% decline in weekly trading volume. Currently sitting at a $2.8 billion market cap, Monero remains a solid 71% below its all-time high of $542 set way back in January 2018. With Monero’s delisting from major exchanges earlier this year Monero isn’t expected to come close, much less retest its previous ATH.
Zig Network primed to outperform legacy cryptos Monero and Stellar in 2024 and beyond
DeFi is being tipped for a big time comeback in 2024 and beyond, making right now the ideal time to invest in DeFi protocols with plenty of legroom to go on a parabolic run. One of those is new DeFi protocol Zig Network, whose presale has drawn a host of crypto whales across the pond with its unique value proposition and timely debut.
Zig Network is taking DeFi to the masses with its user-friendly protocol which makes staking, yield farming, liquidity provision, and passive income generation by granting ZIG token holders a revenue share. This makes them active stakeholders and partners in the protocol’s future growth and successes.
ZIG holders will also have the option of availing a ZIG debit card linked to their token balance, allowing them to make real world purchases worldwide.
As of stage 1 of the presale launch, ZIG tokens will be available at a discounted introductory price of just $0.01. This grants prospective investors an ideal entry point to a project with the legitimate potential to go on a parabolic price spike once DeFi makes its inevitable comeback.
To find out more about the Zig Network presale use the links below:
Participate in the Zig Network Presale
Read the Zignet Whitepaper
The post Cryptos to Watch: Which Ones Could Lead to Wealth in 2024? Zig Network (ZIG) Stellar (XLM) and Monero (XMR) appeared first on Blockonomi.