Altcoins
Selected selections from Layer One, AI, RWA and more
Recent political developments, such as the growing likelihood of Trump becoming the next US president, have contributed to this shift in market sentiment. The current phase of the market is ripe for gains and now may be the last chance to get in before the most volatile part of the bull market begins.
On Crypto Banter’s Rans Show, The analyst said that if you are expecting the market to retest certain levels or break above certain points, the market has a clear message for you: this recent decline and correction should be the only signal you need.
The analyst explained the importance of investing in Layer One blockchains, which serve as the foundation for decentralized applications. His picks are:
About and Aptos: Both platforms have shown promising potential. The analyst prefers Sui, highlighting its strong traction.
Arweave Fabric (AR): Known for its decentralized storage solution, Arweave has indexed about 15% of the Internet pages. Currently trading at $30, the analyst predicts it will reach $80. Despite possible short-term fluctuations, the long-term outlook is bullish.
Artificial Intelligence (AI) is disrupting various industries, including cryptocurrencies. The analyst suggests:
Basic protocol: Considered the best AI game, Base offers significant potential for those willing to take calculated risks.
Nearby protocol: Another strong AI candidate, suitable for investors with a high risk tolerance.
Tokenization of real world assets is a rapidly growing trend. Its main choices include:
Mantra: Recognized as a leading player in real-world asset tokenization, Mantra is making significant strides, including a new USDY vault and strategic deals in the United Arab Emirates.
Absent: By positioning itself as an interoperability bridge, Axelar could capitalize on the potential $16 trillion market for tokenized assets by 2030.
The analyst also discussed the importance of cross-chain interoperability and decentralized finance (DeFi). His picks are:
Rune: Rune is an important character in the cross-chain narrative and offers impressive stats and growth potential.
GMX and Aerodrome: For exposure to DeFi and perpetual trading, we recommend GMX and Aerodrome on the Base protocol.
The gaming sector and memecoins also present high-yield opportunities. A diversified approach is suggested, with options like Pepe Coin and others that can be staked for additional returns.