Altcoins

List of best altcoins for long term earnings

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6 months ago

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Analyst and investor Conor Kenny has shared a list of altcoins that he believes have the potential to make the most money in the next bull run. Topping the list is crypto’s big dog, Bitcoin. The analyst believes Bitcoin will continue to generate substantial gains and is considered the least risky option in the cryptocurrency market. He compares Bitcoin to the S&P 500, suggesting that it should be a key holding in any cryptocurrency portfolio due to its lower risk and potential for steady returns. Here is a list of other altcoins:

Ethereal

He started the discussion by talking about the upcoming introduction of Ethereum Spot ETFs from major financial institutions such as Franklin Templeton, VanEck, Bitwise, and BlackRock. This development could significantly boost Ethereum’s market performance. He remains optimistic about Ethereum, which is currently testing its resistance levels, and believes in its long-term potential.

Solana

Kenny then discusses Solanaanother major player in the cryptocurrency space. He predicts that Solana could reach Ethereum’s market cap from the latest bull run, suggesting an 8x potential from its current position.

To vanish

One of Kenny’s most notable positions is Vanar, formerly known as TVK. Its rebranding from a gaming token to a broader blockchain platform has driven its success. Listed on major exchanges like Binance and Coinbase, the coin represents a significant opportunity.

XDEFI

XDEFI, currently being rebranded to CTRL, is another promising project in the analyst’s portfolio. With a market cap of just under $6 million, the coin aims to become a universal gas token for all major chains. Its strong user base and partnerships, including support from Anoko Brands and CoinGecko, further boost its prospects.

Orion

ORN, which is undergoing a rebranding to Lumina, is poised to become a layer-two solution. This transition aims to aggregate liquidity from centralized and decentralized exchanges, as well as traditional finance, making it a potential leader in the real-world tokenized asset market. opportunities for investors.

See also: Altcoins Rise as Spot ETH ETF Launch Nears, Says Vertex CEO

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