Altcoins

List of Strong Altcoins to Stack Before the Bull Run

Published

5 months ago

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The crypto market is known for its volatility, but seasoned analysts know how to spot potential in chaos. One of these analysts Selected investments recently brought attention to a selection of altcoins that demonstrate resilience and potential for rapid growth once market sentiment changes. Here is a detailed analysis:

Identifying Resilient Altcoins

Livepeer: Livepeer is a decentralized video streaming platform. Although it is not part of the analyst’s portfolio, it has been in the news for its recent performance.

Notcoin: Notcoina gaming token on the TON blockchain, has gained popularity in recent weeks, demonstrating the potential of blockchain-based gaming assets.

Established Altcoins

Render: Render, a decentralized GPU rendering network, saw its price drop below $8 but quickly rebounded by 15% in 24 hours. This rapid recovery shows its strength in the current market. The analyst notes that Render is a leader in the AI ​​space and suggests monitoring it for future growth.

Fetch.ai: Fetch.ai, an AI and machine learning-based blockchain platform, also soared 15% over the past day, showing excellent performance despite market fluctuations.

Injective Protocol: Injective, a decentralized derivatives trading platform, has maintained its upward trajectory, gaining 15% in the past 24 hours and showing resilience even during broader market declines.

Uniswap: Uniswap, one of the leading decentralized exchanges, has rebounded well, reflecting investor confidence and strong trading activity.

Pendle and Ondo: Both Pendle and Ondo tie into the Ethereum narrative, especially with the upcoming Ethereum spot ETFs. Ando also has ties to the RWA narrative through BlackRock, positioning it well for future growth.

AI and gaming sectors

Akash Network: Akash, a decentralized cloud for GPU computing, lags behind Render. The analyst points out that Akash could be an opportunity for those who are bullish on AI, given its current underperformance compared to Render.

Game Tokens

Although the gaming sector is not seeing any major rebounds, notable mentions include Notcoin and Metal (MTL). The analyst believes the gaming sector will eventually peak again, but advises caution until clearer signs of a rally emerge.

Read also: Ripple and Archax team up! Millions of RWA to reach XRPL

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