Bitcoin halvings have historically led to meteoric rises in the cryptocurrency market, and we expect the upcoming 2024 halving to be no different. However, a new set of altcoins, poised to take the spotlight, will replace the altcoins that dominated the 2020 bull run, such as Solana (SOL), Fantom (FTM), and Polygon (MATIC). In this article, we’ll explore an analyst’s top 9 picks for altcoins with 1000x potential.
According to analyst Pepesso, now is the last chance for investors to prepare their portfolios for the potential 100x gains that could follow the 2024 Bitcoin halving. The key is to identify a few gem altcoins rather than buying hundreds of tokens. The analyst has spent hundreds of hours researching nearly 500 altcoins to come up with this list of 9 top picks.
What you'll learn 👉
1. Ethernity Chain ($ERN)
Ethernity is a blockchain-based platform that allows users to take advantage of NFTs. The developers position it as a DeFi crossover project with authenticated NFTs. With a current price of $3.67 and a market cap of $76.1M, $ERN can be purchased on exchanges such as Binance, KuCoin, and Gate.io.
The platform’s unique approach to combining DeFi and NFTs could position it for significant growth in the coming bull run, as both sectors have seen tremendous interest and adoption in recent years.
2. Trias ($TRIAS)
Trias is an all-platform-supported native-application-compatible smart contract execution platform, development framework, and collaborating ecosystem. The project aims to define a new-generation, all-platform-supported public chain system. With a current price of $8.48 and a market cap of $84.6M, $TRIAS can be purchased on exchanges such as MEXC, KuCoin, and Gate.io.
As the demand for cross-platform compatibility and efficient smart contract execution grows, Trias could be well-positioned to capture a significant share of the market.
3. Velo Protocol ($VELO)
Velo Protocol is a Web3 financial platform connecting DeFi to traditional finance with an innovative suite of DeFi applications, DEX, and more. With a current price of $0.019 and a market cap of $141.1M, $VELO can be purchased on exchanges such as OKX, Gate.io, and MEXC.
The project’s focus on bridging the gap between DeFi and traditional finance could be a major driver of adoption and growth in the coming years, as more institutions and individuals seek to participate in the decentralized finance ecosystem.
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Show more +4. Verasity ($VRA)
Verasity is an open-ledger ecosystem designed to fight advertising fraud, provide open access to infrastructure for publishers and advertisers, and reward users for watching video content. With a current price of $0.0052 and a market cap of $53M, $VRA can be purchased on exchanges such as Bybit, OKX, and BingX.
As the digital advertising industry continues to grapple with issues of fraud and transparency, Verasity’s solution could gain significant traction, leading to increased adoption and value for the $VRA token.
5. Boson Protocol ($BOSON)
Boson Protocol is a decentralized commerce layer of Web3, enabling the selling of physical things as redeemable NFTs, everywhere, online, in-game, and in-verse. With a current price of $0.51 and a market cap of $64.5M, $BOSON can be purchased on exchanges such as MEXC and Gate.io.
The project’s innovative approach to decentralized commerce and the integration of NFTs could position it for significant growth as the Web3 ecosystem continues to expand and mature.
6. Ether.fi ($ETHFI)
Ether.fi is a liquid restaking protocol on Ethereum. With a current price of $3.96 and a market cap of $452.9M, $ETHFI can be purchased on exchanges such as Binance, Bybit, and OKX.
As Ethereum transitions to a proof-of-stake consensus mechanism, the demand for liquid staking solutions like Ether.fi is expected to grow, potentially leading to increased adoption and value for the $ETHFI token.
7. Dusk Network ($DUSK)
Dusk Network is a privacy-oriented blockchain designed for financial platforms. It provides regulated and decentralized finance services such as financing, trade automation through smart contracts, and outsourcing of costly processes for businesses. With a current price of $0.29 and a market cap of $135.1M, $DUSK can be purchased on exchanges such as Binance, KuCoin, and HTX.
As privacy and regulatory compliance become increasingly important in the DeFi space, Dusk Network’s focus on these areas could position it for significant growth in the coming years.
8. Zero1 ($DEAI)
Zero1 is a global decentralized community of developers, researchers, and web3 users who believe in the intersection of privacy, AI, and blockchains. With a current price of $0.45 and a market cap of $44.8M, $DEAI can be purchased on exchanges such as BitMart and CoinEx.
The project’s focus on the intersection of privacy, AI, and blockchains could position it for significant growth as these technologies continue to advance and converge.
9. Altlayer ($ALT)
Altlayer is a layer 1 platform and open and decentralized protocol for developers to launch application-tailored rollups in 2 clicks. With a current price of $0.34 and a market cap of $474M, $ALT can be purchased on exchanges such as Binance, MEXC, and Bybit.
As the demand for scalable and customizable layer 1 solutions grows, Altlayer’s platform could see significant adoption and growth in the coming years.
The 9 altcoins highlighted in this article represent a diverse set of projects with the potential for significant growth in the upcoming crypto bull run. By focusing on projects with strong fundamentals, innovative solutions, and growing adoption, investors can position themselves to potentially capture the 100x gains that have historically followed Bitcoin halvings.
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