Cryptocurrency Market in 2024

🔷The cryptocurrency market continues to develop, attracting the attention of investors. According to a report by CoinLedger, the five most purchased cryptocurrencies with small and mid-market capitalizations are Render (RNDR), Fetch.ai (FET), Internet Computer (ICP), Injective (INJ), and Hedera (HBAR). Among them, the highest growth was shown by RNDR and FET — 48% and 113%, respectively.

🔷At the same time, there is a significant volume of sales from major market players, such as Bitcoin, Ethereum, Solana (SOL), Cardano (ADA), and Ripple (XRP). Researchers at CoinLedger suggest that the rally in the cryptocurrency market at the beginning of 2024 encouraged many investors to lock in profits and sell some of their core assets.