Check Out a New Contender That Could Challenge Ethereum (ETH) and Chainlink (LINK) in 2024

Check Out a New Contender That Could Challenge Ethereum (ETH) and Chainlink (LINK) in 2024

New opportunities are always coming up in the crypto space but only a few investors maximize them for optimal returns. The core difference is typically how much searching an investor does and the options they choose. A rising option among investors who have been successful in the past is Zig Network (ZIG).

The project seems to have much promise. It is expected to be a contender with top-level cryptos like Ethereum (ETH) and Chainlink (LINK) in 2024. How do these tokens currently perform across charts？ And why does Zig Network (ZIG) feel like it could be a huge challenger？ Heres what we know.

Whats the verdict on Ethereum (ETH)？

Every investor knows about Ethereum (ETH). The second-largest crypto by market capitalization is also a top option for many investors. It has also provided good returns, especially for the earliest investors. Ethereum (ETH) holders still had moments of joy this year but how long will this continue？

Ethereums (ETH) price is at $2,603.40 as of press time. It had moved as high as $4,000 back in March but recent trends suggest major gains could be further away. Ethereum (ETH) stays 10% above levels from 30 days ago. However, fluctuations have become more frequent, suggesting it may be a more profitable short-term holding. Investors looking to the future could find a better trajectory with Zig Network (ZIG).

Long Journey to $20 for Chainlink (LINK)

Experts say it may take some time for Chainlink (LINK) to return to the milestone $20 value. The crypto last tested this price point in late March. Chainlink (LINK) came close to the price again in late April with prices well above $18. It could now take months before investors see the crypto at that price.

As of press time, each unit of Chainlink (LINK) sells for $11.33 on CoinMarketCap. This is a 7% step-up from prices at this point in September which were just above $10. Compared to the end of last week, Chainlink (LINK) has gained 6%. It is moving upward but slowly. Yet, this is not significant for some investors, and Chainlinks (LINK) slower growth is becoming an issue. Investors would need to invest much capital to get minimal returns, a trend they think will change with ZIg Network (ZIG).

How does Zig Network (ZIG) Stand Out？

Firstly, it offers something different and original in the crypto market that has become saturated with duplicates and knockoffs. Instead, Zig Network (ZIG) goes the other way, being the first-ever revenue-distribution blockchain. This uniqueness put Zig Network (ZIG) in a great position to succeed.

Next, Zig Network (ZIG) is the more accessible option, with the token selling for $0.01 per unit. This presale price is lower than Ethereum (ETH) and Chainlink (LINK) and allows even low-capital investors to opt in. Zig Network (ZIG) is also new. This gives it more room for growth than competitors who have exhausted much of their supply.

Finally, there are many bonuses to Zig Network (ZIG), like generating passive income from transactions on the network. Overall, it seems like a good shot at making good returns.