At any given time, the fastest-growing cryptos of the moment usually provide a window for investors to get in and potentially profit.
If you are risk-averse, you may be looking for a cryptocurrency that is built on fundamentals and has therefore achieved a positive price reaction.
On the other hand, if you are a swordRiskier projects that promise 10x or 100x returns in a short period of time may be more suitable for you.
Whatever type of crypto investor you are, the goal is to win. I’ve put together three of the fastest growing cryptocurrencies that you should check out to find out if they’re worth betting on.
Sui (SUI USD)
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Despite the regulatory drama in October last year briefly derailed This is shown by data on important key figures Sui (SUI USD) is one of the fastest growing cryptos.
In January, SUI-USD registered a jump of over 300% in three months. This month too became the top ten Decentralized finance (DeFi) platform in total value locked (TVL) – an achievement in less than a year after its launch in May 2023.
In February, Sui exceeded Major DeFi protocols Cardano, Aptos and Near in TVL reach a TVL value of $593 million. Sui’s TVL was only $90 million three months earlier.
Sui is a Layer 1 blockchain created by former Meta (NASDAQ:META) engineers. It aims to provide a better cost and speed experience for developers of decentralized applications (dapps).
Suis token had increased by 131% in February since January. This year the change is now about 50%.
Arweave (AR-USD)
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Crypto project Arweave (AR-USD) surprised investors this year after she added more than 300% in March since the turn of the year. Although it has dipped somewhat since then, AR’s current value of around $34 is strong compared to its single-digit value Value at the beginning of 2024.
AR climbed onto Arweave’s back AO testnet launch – which the team calls the “hyperparallel computer” – which took place in February.
This month also saw Arweave achieve its highest number of transactions ever. After AO went live, the protocol recorded an all-time high of over 600 transactions per second. Based on recent price patterns and ecosystem developments, AR is one of the fastest growing cryptocurrencies.
Launched in 2018, Arweave operates the so-called “Permaweb” – a persistent, decentralized and cost-effective storage for data. Its recent development makes it one of the best cryptocurrencies to buy in the short term.
Popcat (POPCAT USD)
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Popcat (POPCAT USD) is one of many meme coins that have risen by astronomical percentages this year. It was only launched in December opened the year at the standard price of $0.016. It then declined to the $0.006 area before rising significantly by over 2500% on March 9th.
So far, POPCAT has seen a 5500% change since the beginning of February. Especially during the broader crypto market witnessed a correction after the Bitcoin halving, POPCAT bucked this trend and continued its upward trend.
Popcat is a cat-themed meme coin based on the Solana (SOL USD) Blockchain. Like all meme coins, Popcat doesn’t have many basic fundamentals, but it does have a strong and loyal community – which is sometimes all a cryptocurrency needs to stay relevant.
Not only is Popcat one of the fastest growing cryptocurrencies right now, but it is also potentially one of the cheapest cryptocurrencies right now with its current price of $0.40.
At the time of publication, Hope Mutie did not have any positions, directly or indirectly, in any of the coins mentioned in this article. The opinions expressed in this article are those of the author and are subject to the opinion of InvestorPlace.com Publishing Guidelines.
