With the crypto market showing signs of bottoming out, investors are searching for the next altcoins that could lead the next bull run. According to crypto analyst Layergg, several lesser-known tokens have strong narratives and developments that make them attractive investment opportunities.
What you'll learn 👉
Immutable Ecosystem Growth Boosts IMX and ILV
According to crypto analyst Layergg, the Immutable ecosystem continues to grow with new games launching on their platform. Illuvium’s upcoming Beta 3 PVP release signals potential for more Web3 games to expand into traditional platforms.
RNDR Price Lifted by AI Sector Momentum
Layergg notes NVDA’s stock has reached new highs, positively influencing the AI sector. Upcoming launches like Render Network’s BME and new exchange listings makes RNDR an attractive investment.
TIA Outperforms Despite Market Downturn
Celestia is one of the top performers of newly listed tokens on Binance this year, says Layergg. Its robust price despite Bitcoin and Ethereum’s downturn makes it a strong market focus.
DYDX Unlock Impact
Layergg points out DYDX has a massive $500 million unlock scheduled for December 1. A similar event was postponed last January, so it’s worth watching if history repeats.
CHZ Airdrop Details Could Boost Momentum
The Chiliz CEO announced an upcoming PEPPER airdrop for CHZ holders, explains Layergg. As details emerge on distribution and eligibility, short-term momentum could climb.
ZIL Migration Advancing
Zilliqa is progressing on its migration to proof-of-stake, focusing on Zilliqa 2.0 according to Layergg. More details on the upgrade expected as Q4 approaches.
WLD Fluctuations Based on Leadership
Rumors suggest OpenAI may have removed then reinstated Sam Altman as CEO. Layergg believes Worldcoin’s price will fluctuate based on his leadership status.
AUCTION Staking Auction
Layergg says Bounce Finance’s launchpad success raises demand for AUCTION. Their next staking auction announcement could provide positive momentum.
Overall, Layergg feels altcoins are poised for a breakout based on these narratives and developments. The focus remains on tokens like RNDR, WLD and others with attractive catalysts.
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