As traders gear up for the post-Bitcoin block halving gains, there’s a certain sense of bullish sentiment in the crypto market, and investors are on the lookout for trending crypto categories to identify the next big thing in the blockchain industry.
From meme coins to artificial intelligence and decentralised physical infrastructure networks to airdrop hunting, every trader is now hunting for the trending crypto categories in the space to position themselves as early adopters in emerging projects.
With hundreds of categories to choose from – and thousands of projects in each category – we’ve identified the top three trending crypto categories that will likely be the next big thing in blockchain following the Bitcoin block halving.
Top 3 trending crypto categories:
1. Airdrops
Airdrops are by far one of the hottest trending crypto categories in the blockchain industry right now, and traders are positioning themselves in projects that are gearing up for historic airdrops.
Airdrops are a form of marketing and token distribution, offering unique ways to reward early adopters of protocols while generating attention to the project.
With airdrop hunters now active again, here are two promising projects that they’re looking at.
Crypto Airdrop projects
Jupiter token ($JUP) is the leading crypto airdrop project in the sector right now. The Solana-based DEX initiated its first airdrop in early 2024 to massive fanfare as the project was touted as the next big decentralised exchange behind Uniswap.
Since its launch, Jupiter DEX has overtaken the heavyweights in daily trading volume and continues to grow. If you missed the first airdrop, the good news is that they have two more phases to airdrop more $JUP tokens to those interacting with the DEX.
Smog Token ($SMOG) is another airdrop that hunters have their eyes on. The project is expected to bring a historic airdrop to the Solana-based meme coin ecosystem for all holders.
Those holding $SMOG accumulate airdrop points to be eligible to participate in the historic airdrop. There’s also a Zealy campaign to accumulate more airdrop points for free by completing quests such as following the project on Twitter and joining its Discord server.
With the hype building behind this project – over 200,000 Zealy quests have been completed – this is an airdrop not to be missed in 2024.
Buy $SMOG today.
2. Artificial Intelligence
Artificial Intelligence (AI) is another crypto category on fire in 2024. AI made its mark in 2023 and is here to stay in 2024 following the release of the Sora product from OpenAI, which showcases how far the industry can go in just one year.
Sora was released in February 2024, and it caused a massive buzz throughout the industry as spectators were mesmerised by the realistic videos it could create from simple text-based prompts.
With AI starting to feel the buzz again, here are the top AI projects to keep your “ay-eye” on in 2024.
Crypto AI projects
Fetch.ai ($FET) is one of the leading AI projects in the industry. The cryptocurrency surged by over 140% from the February low to the high, propelled by the release of the Sora product from OpenAI.
Described as an open platform for the new AI economy, Fetch.ai is an open platform for building AI applications and services. The platform is designed to help legacy systems become AI-integrated without changing any of the existing APIs – making this project a long-term player in the future of AI.
Scotty the AI is a newly emerging AI-based currency causing a wave due to its innovative AI integration. Scotty the AI combines AI and blockchain to create a platform that provides real value to its community through AI-powered products. The overall goal of the project is to provide cutting-edge solutions for security, fraud detection, and risk mitigation in the blockchain space.
For example, Scotty Swap provides a token exchange that ensures every trade is secure and optimised for maximum gains while allowing advanced trading orders. Scotty Chat offers profound insight into market trends through an AI-powered chatbot.
Overall, this newly emerging project is creating a buzz with its adorable meme based on the Scottish Terrier dog breed. The token can be purchased at early adopter prices on the project’s website.
Buy $SCOTTY today.
3. Meme coins
Meme coins are an age-old crypto category that continues to trend while the market sentiment is bullish.
From the Dogecoin pumps in 2020 to the Bonk Coin pump in 2023, meme coins have proven themselves to be a crypto category not to be ignored.
With memes flooding every social media platform, here are two newly emerging meme coin projects for you to get positioned in before they explode much higher.
Crypto meme coin projects
Spongebob Token is the top newly emerging meme coin project to be positioned in during 2024. $SPONGE already has an established reputation after surging by over 100x during the bearish market in May 2023. Now, the project is back with its next incarnation with its V2 upgrade, designed to replicate its previous success.
The upgrade is unique as the V2 token is distributed through an innovative stake-to-bridge utility, requiring users to lock V1 $SPONGE into the bridge to receive an equivalent amount of V2 $SPONGE once launched. All V1 in the bridge will be permanently locked to facilitate the transition to V2.
If you don’t own V1 $SPONGE, you can purchase it through the project’s website and have it automatically staked to be prepared for the V2 launch.
Buy $SPONGE today.
Myro Token ($MYRO) is another buzzing, newly-emerging meme coin based on the Solana co-founder’s very own pet. The adorable puppy erupted in February 2024 and holds a very high market cap as its community continues supporting the project, hinting at future growth ahead. With the buzz around Solana, this is a great SOL-based meme coin opportunity to get positioned in.
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