Best plays in crypto: 5 startups making waves in 2024
We analyzed some of the top crypto currency startup s of 2024 and their achievements. Table of Contents Alchemy Chainalysis Fireblocks Mysten Labs Aleo In 2023, the crypto market saw a notable turnaround, with its market cap increasing by 109%. This surge was largely driven by the first and fourth quarters of the year, buoyed by the anticipation of Bitcoin ETF approvals and the upcoming Bitcoin halving. Amid this, the global economic environment, characterized by decent GDP growth and moderate inflation rates, further fostered a positive atmosphere for crypto investments. Web3 cryptocurrency startups gathered significant attention, attracting 1173 investments of $9 billion. Among these, infrastructure projects received a lion’s share of the investments, evidencing the sector’s robust development. Moreover, the resurgence of gaming activity and the rebound of the non-fungible tokens (NFTs) market in the last quarter of 2023 were other key highlights. The NFT...