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Assalamualaikum steemians

** _______ **Future of cryptocurrency is one of the most interesting topic to discuss so I would like to answer all the questions in my best way** ___________ ![Green Earthy Neutral Photography Mood Board Collage Facebook Post_20240103_194502_0000.png](https://cdn.steemitimages.com/DQmXdFmgFHy3vrkUJAtrfWuLTt1c3b55ZjvCSwhTC3DQkqV/Green%20Earthy%20Neutral%20Photography%20Mood%20Board%20Collage%20Facebook%20Post_20240103_194502_0000.png) ---------- **

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

** _______ In 2024, I consider Stellar Lumens would show best performance under $1.This cryptocurrency is very worthy according to me in this year. I have choosed this cryptocurrency for doing my fundamental analysis. - Stellar Lumens works on a consensus mechanism which is Stellar consensus protocol. Main purpose of this consensus protocol is to provide more efficiency and security in the transactions so that it may feel very suitable to all users and Financial institutions also. - There is a very strong team of developers and advisors stellar have and in team there is also co-founder of Ripple.Stellar partnerships with different organisations like IBM is important for the enhancement of adoption and usage in the financial industory. - If I talk about community and adoption of Stellar then it has a community of developers which is quite growing and as its focus is on the financial inclusion and on the availability of accessible financial services to the unbanked population that's why it is also gaining a lot of attention.

![Green Earthy Neutral Photography Mood Board Collage Facebook Post_20240103_194622_0000.png](https://cdn.steemitimages.com/DQmcs1ozzzfcSD75Ng7V24FmAHiFk9VDyfGXuw8125Bduuu/Green%20Earthy%20Neutral%20Photography%20Mood%20Board%20Collage%20Facebook%20Post_20240103_194622_0000.png)

- If I talk about market performance of Stellar then it has been good in the past but we cannot give guarrentee about the future results. I am saying it's performance good in the past because it has been recognized as a top cryptocurrency by the capitalization in the market and there was also significant growth of it. From my fundamental analysis and by keeping in mind positive history of stellar I would definitely recommend to buy this cryptocurrency but this is not an advice by an expert because investment in cryptocurrency and buying it is also along with the as any cryptocurrency that is present here is highly volatile so before you make a high amount of investment you should go for your on personal research and should advise from a proper financial advisor and analyst. ---------- **

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

** _______ Step by step guide for buying any selected cryptocurrency I am showing below: - First of all there is a need to choose a cryptocurrency exchange which is reputable according to you.

![IMG_20240103_195915.jpg](https://cdn.steemitimages.com/DQmcHmhAy54wzc5VYWQq3mpTKvhLzF45XhzPiGYwtxuzfoa/IMG_20240103_195915.jpg)

- You have to create an account at the exchange that you have choosed already and for this you have to sign up and you have to go through the process of your verification.

![IMG_20240103_195945.jpg](https://cdn.steemitimages.com/DQmf45ycjqPVuRitEf2Sw4GWi1hKwNyB894mKkxUDXPNiwr/IMG_20240103_195945.jpg)

- After the verification of your account you have to deposit some of the funds into your exchange account and you can choose anyway like Bank transfers or under payment method which is accepted for the deposition of your funds.

![IMG_20240103_200014.jpg](https://cdn.steemitimages.com/DQmcEb23MNSbH39RsVJGa6PAd1BPX31Bq2N6NVEHsXyY1HZ/IMG_20240103_200014.jpg)

- There is a need to navigate for trading pair or market section for searching any cryptocurrency that you want to buy at the exchange.

![IMG_20240103_200107.jpg](https://cdn.steemitimages.com/DQmZR8RWfzqcG3G7XXKa39AK3CuoPuKTVb9BR87LRfjyuYT/IMG_20240103_200107.jpg)

- After that you have to place the order and for this you have to decide that you want to buy a particular cryptocurrency and then you have to set specific price at which you would like to purchase that particular cryptocurrency which you have choosed already.

![IMG_20240103_200151.jpg](https://cdn.steemitimages.com/DQmWiKnZQBg5ftn5yAgqhaePfaFhq5PLfAppWDfRnahk9AY/IMG_20240103_200151.jpg)

- When you would feel yourself that now you are satisfied by the retails of order then you are independent to execute the trade.

![IMG_20240103_200220.jpg](https://cdn.steemitimages.com/DQmV3xcxPcEYhDSmV57N8TQCf6xBCcJHcd3oNRtRdrb1QZi/IMG_20240103_200220.jpg)

- After the execution of trade now you can save your purchased coin or token into a secure wallet. ---------- **

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

** _______ STEEM is a blockchain that is decentralized and it rewards users for the creation of their quality content as well as it also rewards curators when they curate content of others on the basis of their quality. As it is social media base platform that's fine it is gaining popularity day by day and my personal belief is that the future of this blockchain is going to be very bright. First of all it is very important to consider that when we think to project the price of STEEM in 2024 then factors that we have to consider are the market demand, adoption,competition and advancements in technology. When more people would find their interest in the blockchain then demand of this token would automatically increase so it would increase the price of STEEM automatically. Cryptocurrency is highly volatile and it can fluctuate with the passage of time because external factors are also associated with it like market sentiment ,regulatory changes ,economic conditions at global level also affect the price of all the cryptocurrencies to higher extent. If you want to project the price and want to have a better understanding of STEEM in 2024 then it is very important that we should keep in mind latest news and other developments in crypto world.

![Green Earthy Neutral Photography Mood Board Collage Facebook Post_20240103_194710_0000.png](https://cdn.steemitimages.com/DQmUBUaF5VmuL6kuKRkjS3QyPgDEQHFPj8ekXJuq4R47xsB/Green%20Earthy%20Neutral%20Photography%20Mood%20Board%20Collage%20Facebook%20Post_20240103_194710_0000.png)

As Bitcoin halving is within the next few months so for all the cryptocurrencies everyone has higher expectations but if we relate past with present then when in 2020 Bitcoin halving take place then there was a sudden price increase we have seen at that time which was around 95% . After around 10 months price suddenly drive down but within sometime it again goes up and its was a very huge pump. So it was a very positive history that we see in the past as a result of BTC halving so again this is going to happen in 2024 at the end of March and I am expecting the same situation in 2024 with the STEEM that there would be a bullish trend we would see again and market would pump again and effects of that bullish would be long lasting so we should always hope for the best. ---------- **

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

** _______ According to me it would be not wrong to say that definitely future of cryptocurrencies is promising. Bitcoin was introduced in 2009. If I talk about adoption and attention of cryptocurrency in various countries and in various industries like finance and technology it has gained significant attention. There is a potential in the revolutionizing traditional financial systems that cryptocurrency have that's why their future is promising. Decentralization, transparency and of security are some of the important benefits that we can gain from the cryptocurrencies as well as it let different people to store their money by their own and have their own control on it rather than depositing it into the bank. There are many people who are heartily welcoming cryptocurrency now because now they are becoming aware of its use and benefits. As cryptocurrencies are decentralized So it is not very easy too measure the exact statistical data about the adoption of the people but there could be some indicators that we can use for checking the growth of cryptocurrencies among population. - Number of cryptocurrency and wallets Is the first indicator and if number of cryptocurrency and wallets are increasing then it is the indication of increase interest of population in cryptocurrencies. - Acceptance of cryptocurrency by business is another indicator and it can be seen that either these are the large companies or small companies they are not agreed to select cryptocurrencies as a form of payment methods.

![Green Earthy Neutral Photography Mood Board Collage Facebook Post_20240103_194808_0000.png](https://cdn.steemitimages.com/DQmPABEvXr7m8xfSyUKtnS7sB4sFaaPix2xXJGeaRU2Epnb/Green%20Earthy%20Neutral%20Photography%20Mood%20Board%20Collage%20Facebook%20Post_20240103_194808_0000.png)

It was overall explanation but according to me cryptocurrency adoption in future is really going to be very exciting and interesting because reshaping of traditional financial systems and introducing new opportunities for innovation are some of the abilities that cryptocurrencies have and that is making it more adaptive. Button my advice is that if someone want to approach any cryptocurrency and then there is a need to follow caution because market is highly volatile and we cannot give guarrentee about market conditions so again search is important. _______ **I want to invite here @wilmer1988 , @aaliarubab , @msharif to participate** ---------- **

Thanks

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