Over time, as the value of Bitcoin has increased, crypto investors have turned to other ways to earn higher profits and altcoins have proven to be the answer. However, the problem comes as there are thousands of altcoins in the market, which makes the process of selecting promising altcoins a daunting one. Because of this, the crypto analyst has provided a detailed list of 9 altcoins that could end up doing very well in the bull market.
Altcoins Can Make 100X
Like many, crypto analyst Linton Worm expects that the next crypto bull market will begin in October 2024. This has made the move to prepare for when the crypto bull run begins and buy relevant altcoins before then one of the best ways to stay you are standing. So, Linton Worm took to X (formerly Twitter) to inform their over 138,500 followers of the top 9 altcoins to buy to stay in good shape.
Realio Network (RIO)
Realio Network (RIO) debuts on the list sitting at a market cap of $6.7 million and a fully diluted market capitalization of $56.3 million. This project is among the top altcoins that leverage the Real World Asset (RWA) industry, which is predicted to be a multi-billion dollar industry. This high expectation of RWA industry is expected to increase the price of the coin from here.
SUI Network (SUI)
Sui Network is a layer 1 blockchain launched back on May 3, 2024, which is expected to provide more competition to the likes of Bitcoin and Ethereum. Currently sitting at $4.05 billion in market cap and $15.01 billion in fully diluted market capitalization, the analyst believes it is one of the strongest altcoins set to perform well in the bull run.
Celestia (TIA)
The Celestia blockchain is another layer 1 blockchain that launched back in October 2023. Its native token, TIA, had a great start but has given back most of its gains with the recent market crash. It now sits at a market cap of $1.28 billion and a net diluted valuation of $1 billion $6.49 suggests it still has room to run.
LayerZero (ZRO)
LayerZero (ZRO) is a collaborative network that was launched in 2024 and became very popular. Sitting just under $1 billion in market cap at the time of writing, it has made it onto crypto analysts’ list of the strongest altcoins to watch out for in October 2024.
Simon’s Cat (CAT)
Meme coins are still very popular in the crypto market and Simon’s Cat is one of the meme coins that has been taking the place recently. At $262 million market cap, the analyst believes that this is one of the altcoins that can do well in the market.
Breeder Dodo (DODO)
Local exchanges still do well in decentralized finance (DeFi), and their native tokens tend to do well alongside them. For this reason, DODO has made a list of altcoins that the crypto analyst believes will do well.
TokenFi (TOKEN)
The TokenFi platform is one of those taking the place of tokenization, and the TOKEN altcoin has seen success as a result. This puts it in the league of altcoins that Linton Worm believes will do well.
Parcl (PRCL)
The Parcl platform is a decentralized digital protocol that has issued its PRCL token to users who have connected to its platform. At $33 million market cap, it is a promising altcoin in the expected bull run.
Athena Labs (ENA)
ENA, the native token of Athena Labs, completes the list of promising altcoins written by the analyst. With a market cap of $96 million, there is still room for this token to take off here.
The featured image was created with Dall.E, a chart from Tradingview.com