My Predictions and Trends for Crypto in 2024

The cryptocurrency market has seen a rollercoaster ride in 2023, with important events shaping its course. The crypto ecosystem has seen both obstacles and opportunities, from legislative struggles to the emergence of AI tokens and the growing impact of central bank digital currencies (CBDCs). In this article, we’ll look at the year’s major events and make predictions for the crypto market in 2024.

The SEC case with Ripple was one of the key regulatory highlights of 2023. Despite the current legal struggle, the SEC's recognition that XRP is not a security gave many in the crypto world a sigh of relief. This development opened the path for further regulatory certainty and gave XRP investors confidence.

However, regulatory issues stretched beyond Ripple, with big exchanges such as Binance and FTX under investigation. The FTX exchange’s bankruptcy sent shockwaves through the market, underscoring the need of regulatory compliance for crypto platforms. These occurrences highlighted the rising need for a strong regulatory framework to protect the crypto market’s stability and integrity.

The year 2023 witnessed the emergence of broad interest in AI tokens, with projects such as AGIX, Ocean, FET or ARC gaining pace. As the crypto market incorporates more artificial intelligence, these tokens will play a critical part in…