The Web3 tokens to buy in 2024 are those with bullish chart structures, particularly breakouts following large and long falling wedge patterns.
Related – Analyst: Crypto Alt Season 2024 Started in February
In this week’s research note to premium members, we wrote:
Web3 tokens may revive sooner rather than later.
While Web3 has been a lagging crypto segment, it might soon start leading again.
Web3 tokens – a diverse crypto segment
While Web3 has been associated with NFTs, the reality is that NFTs are simply one of the many functions within Web3. Because of this association, many tend to think of Web3 as a hype from a few years ago.
We don’t believe that Web3 was a temporary hype. While it’s true that NFTs have been overhyped, they also serve a purpose (read: utility).
Web3 functions always require a blockchain wallet which enables unique ownership of digital assets. There are plenty of use…
