Hello everyone

I hope you all are great and having great time over here and this is my another participation for one of my most interesting belongs and exciting community and more I am working over here more excitement I have more things I am trying to discover and I think my urge for knowledge is increase I am working over here because every week is more excited every week you have new topic to talk so let's get without resting our time what I have concluded from all my research and all whatever I have work on so let's start

1. Which cryptocurrencies under $ 1 can have the best performance in 2024? Choose a cryptocurrency by its fundamental analysis. Would you recommend buying this cryptocurrency?

Which cryptocurrencies under $ 1 can have the best performance in 2024?

Talk about the cryptocurrency in which can under $1 will perform the best in 2024 so there are list of it and so I will try to summarise it what is important and which princess I would recommend and to buy in 2024

Bitcoin

Bitcoin this is actually if I talk about how it works so it actually runs in blockchain so if I compare and the market cap is reached to almost 895 billion$ the original cryptocurrency we called is Bitcoin. When is used worldwide so frequently because the most important thing why we use Bitcoin is that it is very secure and it is very safe for us and we are actually protected from any type of fraud.

That's the reason that that is it is running in thousands of the computers and making transactions by ledging.

If I talk about in 20006 one Bitcoin was for around $500 and now in 2024 on January 2nd it is round about $46000.

XRP

It is invented by Ripple and its market cap is reached to $34 billion.

So this is basically used for a wide variety of the exchange currencies mainly including fiat currency.

If I talk about it in 2017 one XRP was $0.007 and now if recently we see on new year 2024 on the January second one XRP is $0.65.

The growth rate is around 10,000%plus.

Choose a cryptocurrency by its fundamental analysis.

Cardano ADA

What is ADA this actually a token we can call native token of cardano like we have other examples XRP having ripple.we called it ADA as an mathematician Ada Lovelaces name.

It's the most powerful among all even this is a kind of block chain which even can take down the other cryptocurrency like ethereum and the Bitcoins as well.

Its market cap reached $22 billion this is in some aspects similar to Bitcoin its safety 🦺 and energy use is very less and mainly the time for transaction is expidted.

If I do it's comparison in 2017 one ADA price was around $.02 and if we recently see in January second 2024 $.63.
Tether USDT

So actually this is a very stable kind of blockchain and this is for all the investors actually who are very concerned about the Volatility of the coins. This is actually considered to be the most consistent cryptocurrency among all.Its market cap reached to $91billion

Features of the Cardano

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1. Wide spread

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Till now the Cardano team has developed almost more than 45 billion ADA tokens.

2. Confirmation of transactions

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This is very secure and safest to use but the thing is you need honest traders for this there is one term we called ouroboros (POS) in which cardano claims to secure proof of stake.

3. Fastest transaction

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This under comes the most fastest transactions ever and if we compare it with other cryptocurrency like Bitcoin the cost is even less than Bitcoin.

Factors tell us about price prediction in coming years

1.Demand of ADA

So when there is demand of ADA increase its very obvious the supply will decrease so when demand increases will lead to Dec supply.So when high demand and supply is decreasing this will definitely lead higher and higher prices.

2. Relationship between Bitcoin and ADA price

ADA and Bitcoin has very relationships between them and even now most of the investors think Bitcoins is considered to be the sun and its gravitational force attracts the investors this is reason why the investors love to have in their portfolios.Because they have much confidence on this.

3.Adoption

This is the decentralized application that is running so smoothly and consistently we can see with full confidence that cardano success is not depending on ADA price.Now a days investors are developing the dapps that is automatically leading to its higher price and its demand will increase that was late to decrease its supply so automatically its price will increase day by day.

Cardano history

Screen short from

This screenshot I am trying to explain about 2017 about the Volatility is in each direction was going really well. So in 2018 this was actually predicted a that in all over the world and ADA price will hit around $1 price and in actual this hit what was predicted in 2018.

So life revived in 2020 when the ADA stable to 1.30$.
And once again in 2021 ADA rises to sky upto 2.98$.

Prediction of the short term

From Bitcoin price we predict that in 2022 the ADA will lead.Hoskinson predicted that in 2022 will come up for having more transactions.This overall lead to more and more smoothness and consistent in the market.

Screen short from

This screen short from the digital coin price and according to this we can clearly see ADA will touch $5 and then will make 1X each year.and according to PricePrediction.net predict upto 2031 price will touch the sky $69.07 and this really securing the future of it.

Secreen short from

This is another screen short I am sharing from PricePrediction.net and in long term we can't predict anything as there is always fluctuations going On.

But there is always you having chance for taking advantage when there is market going up or down.
It's just your experience to handle and your investment but overall we can see the promising future ahead.

Secreen short from

Prediction about cardano

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This is another screenshot from Cardano feed and here I tried to give under predictions about an 2024 price of the Cardano and from this graph we can clearly see that prices will touch the sky and it will definitely raise so I think we must invest to secure and safe our future.

Source

This is another screenshot from fideausher.com here I have given the comparison between 2021 and 2023 and you can clearly see that there was a rise in 2023 and prices touched the sky and again 2023 was good year and we can predict that the coming year have also bright future ahead for investment.

Source

This is screenshot I have took and try to give you an overview about the next year prediction of cardano I think the price will touch the sky in 2024 and its just the prediction rest there is fluctuations which is always keep on changing.

Screenshot from

Would you recommend buying

Yes I will definitely recommend buying and we can clearly see that for buying and investing we have seen prices really touching the sky and I would definitely recommend to buy.

These are screen short from binance app and then I have collage it and it is showing about cardano overall status and how does it really works.

And we can see the price is 0.5 and sell and buy data support levels of the Cardano.

All of pictures I have taken screenshot from different websites and I have given source none of the picture is my property.

2.Provide the step-by-step to buy the selected cryptocurrency. Show screenshots

So I have a recommended in a to buy ADA for 2024 and here I am giving all the methods and how to buy it and step by step I am showing to make it easier to buy.

So I have already downloaded the app and then I have already log in so I am a verified user on the bninance app and just click on the Binance.

So we directly can't buy ADA so first we have to buy the USDT and then after buying the USDT will convert it into the ADA so firstly I will click on the icon P2P on your binance app.

So after selection on this now we will actually buy the USDT and then selecting the USDT and after that will select the amount and will purchase the USDT in this way after buying the USDT we will convert it into ADA and I will show the next method how we will convert it into ADA.

This is another screenshot from binance app and I have selected the USDT and then click on the amount and I have buy the USDT.

After we have purchased the USDT and now it's next turn to convert it into the ADA and open your binance app and click on the trades.

Now convert your purchased USDT into ADA for example I have purchased the 100 USDT and I will write on 100 and then automatically the ADA will appear.

Once you have selected the USDT and then ADA will appear and then preview and confirm it and you will get ADA.

This is the final step and you can deposit and get your ADA this was all step by step conversion of the USDT into ADA.
As I mentioned earlier for ADA first you need to purchase USDT and then I have showed the methods to convert it into ADA.

3.What is the future of STEEM in 2024? Give your own opinion, you can project the price of STEEM, making your own analysis

Steem forecast has recently predicted that there will rise in steem price and we can see on the January 7 ,2024 price can reach upto 0.25$ and overall we can see growth rate will be 6.95%
So on technical analysis we can say the bullish bearish trend of about 36 percent will be seen.
At the end of the year the expected price rise will be seen at 0.28$.
At the end of the year the expected price rise will be seen.
Overall we can say there is a divergent opinion regarding steem in 2024 for example the PricePrediction.net predicts there will increase at the end of 2024.
Greed is 70 overall for the fear and greed index
Nowadays bullish trends are going on in the past few weeks and we are expecting there will be an increased price at the end of the year.We are hoping SBD will also return back I remembered one of my friends told me that please be active more and more because SBD will be added to rewards so started working more.

In this way more and more users on steemit we interact more new account will being made and the users like me who are working since long time almost 4 years will engage more and work more so overall steemit ecosystem will be good.Overall prediction about steem price is there will be rise in steem at the end.

Screenshot from

This is screenshot I am sharing the comparison of previous all years with 2024 and we can see although throughout year will be fall at the end of the year there will increase.

Screenshot from

This is another screenshot from the website.So the I have mentioned the we can see there will be potential increase upto $0.4.

Screenshot from

This is another screenshot from website I have mentioned the source so overall we can see steem price will increase at the end of year.We hope bright future ahead.
PriceForecast.com

4.Is the future of cryptocurrencies promising? Explain. Show data on the adoption of cryptocurrencies in the world. Give your own opinion.

Yes do the future of the cryptocurrency is promising.
As we will see the 2024 will be potential year for Bitcoin.The Bitcoin will tokenized upto $68,000 and in 2017 it was worth about $1000.I think this is very bright future we can see ahead.

Screenshot from

Screenshot from

So this is a screenshot which is I am sharing and how adoption of cryptocurrency among worldwide and we can see that the ratio is increasing day by day and the significant ratio we can see among the South Africa and Colombo Brazil and this is I think the huge ratio almost 20%.

The adoption of the Asian countries is also rising day by day and we also seen the ratio how increasing in China Indonesia Russia and there is also rise and this is giving us whole data and this is I took screenshot from the website statista.com.

This is another view and which I also to the screenshot from same webside and we can see that the same countries the South Africa Brazil how they are adapting the cryptocurrency and you can clearly see this adoption data will see that there is a bright future ahead in the crypt of currency and who he are sure that the future of the crypto currency is promising.

All of pictures I have taken is screenshot from website and source I have mentioned I try to see free images but I couldn't bale to get so I took from these websites and have mentioned the source.

conclusion

So among all the discussion we can see clearly that the future is promising in the cryptocurrency we nl the cryptocurrency how is adopting by different countries worldwide and we will see bright future ahead I hope for the best