Cryptocurrencies started 2024 on shaky ground, but many major cryptos have shown signs of recovery in recent weeks. Crypto analyst Layergg is keeping a close eye on the market and shared his weekly watchlist on X of top altcoins that he believes have significant upside potential in the coming weeks.
According to Layergg, Ethereum layer 2 scaling solution Optimism (OP) looks poised for gains. With the upcoming Dencun upgrade planned for mid-March and the upcoming $2 billion ARBITRUM token unlock, Optimism stands to benefit as a leading Eth scaling solution.
Layergg also highlighted Curve (CRV), noting upcoming developments like the LlamaLend lending platform launch and recent “CRV is dead” sentiment he believes presents a contrarian opportunity. Chromia (CHR) and Polygon (MATIC) also made the list as two cryptos Layergg believes are undervalued relative to their fundaments.
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Show more +On the NFT side, Layergg is watching MEME and MAVIA. With eligibility for the MEME airdrop staking rewards, Layergg believes the play-to-earn NFT token presents opportunity. He also noted Metacade’s 1 million global downloads and possibilities of a Binance listing as reasons for an upbeat outlook.
The Klaytn KLAY token and Klaytn derivative project Fiinschia also made the cut following the recent announced Klaytn-Fiinschia merger vote, which Layergg expects to pass and mirror bullish outcomes from prior mergers like Keep Network and NuCypher.
So while the crypto market remains turbulent, Layergg’s watchlist provides insight on some of the top altcoins he believes have significant upside potential worth keeping an eye on. As always in crypto, do your own research, but analyst watchlists can provide valuable perspective on where smart money is looking to gain an edge.
You may also be interested in:
- Ripple Is Not Dead: Why You Should Continue Holding XRP Despite Its Free Fall Against Bitcoin
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- Next-Gen vs. Established Crypto: How DeeStream (DST), Cosmos (ATOM) and Bitcoin Cash (BCH) Look to Deliver
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