Cryptocurrency investors are always on the lookout for the next big opportunity. According to analyst Symbiote, the market is cyclical, and the altseason is just around the corner.
To help investors capitalize on this upcoming trend, Symbiote has scanned approximately 1,500 altcoins to create a portfolio of the 10 tokens with the highest growth potential for the 2024 cycle.
What you'll learn 👉
The Cyclical Nature of the Crypto Market
Symbiote emphasizes that the cryptocurrency market follows a predetermined path, despite some factors changing over time.
Many argue against this notion, but they consistently turn out to be wrong, as the market’s psychology is also cyclical. To avoid falling into this psychological trap, Symbiote advises investors to focus on accumulating positions in the right tokens.
Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +Top 10 Altcoins for the 2024 Cycle
After extensive research, Symbiote has identified the following 10 altcoins as having the highest growth potential:
- Aleph.im ($ALEPH) – A P2P network offering storage, function execution, and VM provisioning, linking major blockchains like Ethereum and Solana. Market cap: $86M, Price: $0.34.
- Oraichain ($ORAI) – A Layer 1 blockchain with AI oracle that verifies AI trustworthiness and securely integrates with Web3 for building applications. Market cap: $196M, Price: $15.48.
- Ethernity Chain ($ERN) – A Layer 2 on Ethereum, transforming global entertainment into Web3 with games, NFTs, and DeFi applications using Optimism. Market cap: $90M, Price: $4.4.
- Kondux ($KNDX) – An Ethereum ERC-20 token ecosystem offering SaaS for managing 3D Web3 environments and assets, featuring staking and high-quality user experiences. Market cap: $22M, Price: $0.043.
- Hifi Finance ($HIFI) – A DeFi protocol on Ethereum for fixed-rate, fixed-term lending, offering guides on protocol use, governance, and smart contract integration. Market cap: $99M, Price: $0.78.
- Maple Finance ($MPL) – Enables lending by depositing assets into pools to earn interest, using a straightforward webapp interface for selection and investment. Market cap: $57M, Price: $12.9.
- Goldfinch ($GFI) – A credit protocol on Ethereum, with a web interface for access and a governance system driven by the GFI token. Market cap: $111M, Price: $3.8.
- Verasity ($VRA) – A blockchain ecosystem using ‘Proof of View’ tech to ensure transparency in digital ads and payments, also featuring VeraWallet. Market cap: $50M, Price: $0.005.
- Spectral Finance ($SPEC) – Bridges AI, ML, and blockchain, creating onchain Agents and providing decentralized ML inferences via its Syntax and Nova networks. Market cap: $143M, Price: $13.7.
- iExec RLC ($RLC) – Enables building, deploying, and monetizing decentralized applications with tools for privacy, ownership, and seamless Web3 integration. Market cap: $227M, Price: $3.13.
As the cryptocurrency market gears up for another altseason, investors who position themselves in the right tokens stand to gain substantial profits.
By carefully considering the 10 altcoins identified by Symbiote, investors can potentially maximize their returns and capitalize on the cyclical nature of the market.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.