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Cryptocurrency News Articles
Zig Network (ZIG) Might Outperform Solana (SOL) and Cardano (ADA) in Q4 2024, Here's Why
Oct 21, 2024 at 04:22 am
2024 is almost over, but there is precedent for major gains late in the year. Smart adherents could still see much gain within the final three months.
2024 is almost over, but there is precedent for major gains late in the year. Smart adherents could still see much gain within the final three months. One option they could purchase is Zig Network (ZIG), a crypto project with rising attention among experts.
With its current trajectory, it is expected to outshine big names like Solana (SOL) and Cardano (ADA) in returns this year. Our analysis checks how possible this is and if Zig Network (ZIG) is a reasonable choice. Continue reading to learn all the facts.
End-of-year Overview for Solana (SOL)
What started as a positive year for Solana (SOL) quickly cooled down before the halfway point. Even though it is more than 545% better than 365 days ago, much of this can be attributed to the momentum from the first four months. As of press time, Solana (SOL) sells for $154.73 per unit.
Recent progress shows Solana (SOL) gained 5% compared to the end of last week and 11% compared to last month’s. Solana (SOL) is expected to see some spikes in the last few months of the year. It may reclaim the $200 position right as the year ends. However, it is still expensive and risky for many, especially with Zig Network (ZIG) options.
Cardano (ADA) shows signs of decline
Cardano (ADA) showed positive signs earlier in the year, but these would progressively disappear as the year unfolded. At the time of writing, Cardano (ADA) is priced at $0.3536 per unit, and there are many signs that another decline could be inevitable.
Going back 30 days, Cardano (ADA) has only improved by 1.6%. Compared to Saturday last week, it has declined slightly, losing 0.45%. Analysts say a heavy 10% decline could await the token before the end of the year. Even if Cardano (ADA) does not see another fall, its 45% gain compared to last year is much smaller than traders would like. There are certainly better options in the market with tokens like Zig Network (ZIG).
Zig Network (ZIG) offers Interesting Prospects for Q4
With Solana (SOL) and Cardano (ADA) holders seeking opportunities to diversify their portfolios, Zig Network (ZIG) stands out as a good choice. Experts in blockchain technology have rated the project as a high-potential prospect. Zig Network (ZIG) is a blockchain innovation that grants access to fintech based on interactions within its ecosystem. Simply holding the token allows for passive income generation. The project has completed a full audit and has measures to prevent dumping.
As of the moment, the Zig Network (ZIG) token sells for $0.01. This price is lower than Solana (SOL) and Cardano (ADA), and traders can grab much of the token to improve their earnings. Token holders are assigned benefits like governance rights. They can also gain rewards from staking their coins. Zig Network (ZIG) has much room for growth, which should translate into good profits.
To find out more about the Zig Network, use the links below:
Participate in the Zig Network (ZIG)
Read the Zignet Whitepaper
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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