3 Cryptos Under $2 with Growth Potential of Over 3,000% in 2024

A mid significant crypto market fluctuations , 2023 has revealed some rare gems that have the potential to rise more than 3,000% in 2024. With market conditions maturing, there are three cryptocurrencies priced under $2 that promise a major surge : Cardano ( ADA), XRP , and Polygon ( MATIC ). Let's explore the potential of each!

Cardano (ADA): Poised to Surge

Cardano, known as one of the strongest smart contract networks, is currently priced at $0.5981 with a market cap of $21,198,462,839. Although some consider Cardano to be undervalued, especially considering its large circulating supply, Input Output Global (IOG), the startup that manages the protocol, continues to work hard to improve the blockchain from all angles.
With new product releases and regular upgrades, Cardano is setting itself up for wider mainstream adoption, which could ultimately increase its price. Ahead of the market rally, Cardano has the potential to surge 3,000% to $15.9.

Ripple (XRP): It's Time to Shine
As the sixth largest cryptocurrency by market cap, XRP is currently priced at $0.619 with a market cap of $33,500,851,627. With increasing regulatory clarity, institutions and businesses can now easily adopt XRP as a payment method, taking advantage of its speed and low fees.
Ripple Labs has taken the lead in forming new alliances, including with Uphold for cross-border settlements. Market analyst EGRAG predicts that XRP could reach its $10+ target, with a potential 3,000% upside that would take XRP to $18.57.

Polygon (MATIC): Poised for Parabolic Rise

Polygon, the Ethereum-based Layer-2 with the highest market cap, is currently priced at $0.953 with a market cap of $9,137,069,186. Polygon has surpassed its previous record by bringing in big companies like Flipkart into its ecosystem.
Polygon has also introduced Polygon CDK, a toolkit that exchanges like OKEx are now leveraging to launch their own L2 protocols. With aggressive infrastructure investments and increasing acceptance, Polygon's parabolic rise is very likely in the coming year. With the current price at $0.99, a 3,000% increase would take MATIC to $30.

Conclusion:
2024 promises huge opportunities for crypto investors , especially with the incredible growth potential of Cardano, XRP, and Polygon. With current prices below $2, these three digital currencies offer a unique opportunity for long-term investment with significant profit potential. As the crypto market continues to grow, it is a great time to consider investing in this digital currency.