ALTCOINS - BEST Coins to Watch, Altseason 2024
Hi Traders, Investors and Speculators of Charts📈📉
Welcome to 2024🥂🥳
I'll be doing a series on top altcoins to watch in 2024, all in one post for your convenience!
I'll keep adding/updating one by one to the bottom of this post, so make sure you bookmark and follow!
1) PALM
Palm AI / PALM acts as the utility token for PaLM AI, a multi-platform AI chatbot. Engage in conversation, coding, image generation or vision with input of your choice ranging from voice messages to imagery.
The developer team is strong with a strong use case, relevant to the ai revolution. The website is incredible - already fully functional and offering real solutions. As you can see, the price is still dirt cheap.
Welcome to 2024🥂🥳
I'll be doing a series on top altcoins to watch in 2024, all in one post for your convenience!
I'll keep adding/updating one by one to the bottom of this post, so make sure you bookmark and follow!
1) PALM
Palm AI / PALM acts as the utility token for PaLM AI, a multi-platform AI chatbot. Engage in conversation, coding, image generation or vision with input of your choice ranging from voice messages to imagery.
The developer team is strong with a strong use case, relevant to the ai revolution. The website is incredible - already fully functional and offering real solutions. As you can see, the price is still dirt cheap.
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3) ARB / ARBITRUM
Although trading ATH right now, ARB has huge upside potential and is still very well priced for an actually useful altcoin.
Arbitrum provides secure scaling for Ethereum, without compromising on decentralisation or compatibility. It utilises the security of the Ethereum mainnet while offering faster speeds and lower costs on a secondary layer.
Arbitrum supports the existing Ethereum ecosystem and its tools, which makes it straightforward for developers and users to migrate to or integrate with. The platform aims to provide a user-friendly, scalable and interoperable platform for Web3 applications.
Although trading ATH right now, ARB has huge upside potential and is still very well priced for an actually useful altcoin.
Arbitrum provides secure scaling for Ethereum, without compromising on decentralisation or compatibility. It utilises the security of the Ethereum mainnet while offering faster speeds and lower costs on a secondary layer.
Arbitrum supports the existing Ethereum ecosystem and its tools, which makes it straightforward for developers and users to migrate to or integrate with. The platform aims to provide a user-friendly, scalable and interoperable platform for Web3 applications.
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4) PEAPODS / PEAS :
A Microcap with a bright future. The first fully decentralized on-chain yield-bearing index funds, called "pods".
Earn real yield powered by market volatility and arbitrage. You wrap or buy into a pod, provide liquidity and earn PEAS.
A Microcap with a bright future. The first fully decentralized on-chain yield-bearing index funds, called "pods".
Earn real yield powered by market volatility and arbitrage. You wrap or buy into a pod, provide liquidity and earn PEAS.
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5) LTC / LITECOIN
Needs to introduction, a safer play with great upside potential:
Needs to introduction, a safer play with great upside potential:
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6) ATOM
ATOM is the native token of Cosmos, a decentralized network that provides open-source tools for developers to create their own interoperable blockchains. One of the biggest problems with blockchains is they are created independently and very few have the ability to transfer data between one another. ATOM provides a workable solution. Great fundamentals, still has good upside potential for the next bullrun.
ATOM is the native token of Cosmos, a decentralized network that provides open-source tools for developers to create their own interoperable blockchains. One of the biggest problems with blockchains is they are created independently and very few have the ability to transfer data between one another. ATOM provides a workable solution. Great fundamentals, still has good upside potential for the next bullrun.
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7) ALGO
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8) ALPH / Alephium
Alephium is built on a novel sharding algorithm called BlockFlow. It leverages a stateful UTXO model and DAG data structure to deliver efficient and practical sharding. This enables Alephium to natively support over 10,000 transactions per second while preserving a seamless 'single-chain' user experience.
Currently also trading at ATH, I'd wait for a pullback before buying in:
Alephium is built on a novel sharding algorithm called BlockFlow. It leverages a stateful UTXO model and DAG data structure to deliver efficient and practical sharding. This enables Alephium to natively support over 10,000 transactions per second while preserving a seamless 'single-chain' user experience.
Currently also trading at ATH, I'd wait for a pullback before buying in:
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9) GRT / Graph
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11) SOL/ SOLANA
Those who have been following me for a while will know, this is probably my least favorite on the list BUT - I've decided to list it nevertheless. The reasons being, there is still modest upside potential and despite all of the previous setbacks, Solana always seem to make a comeback. The team doesn't give up after setbacks... That's got to count for something!
Those who have been following me for a while will know, this is probably my least favorite on the list BUT - I've decided to list it nevertheless. The reasons being, there is still modest upside potential and despite all of the previous setbacks, Solana always seem to make a comeback. The team doesn't give up after setbacks... That's got to count for something!
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12) XRP (I know, trust me it's far from my favorite😂)
Although XRP has a nasty habit of hard pumps and equally hard dumps, seniors from fund management companies have recently stated that ETH and XRP will likely be next in line for spot ETF's if the BTC ETF is approved. Although a big IF, it's worth noting that such an event will drastically increase the market cap of XRP (and ETH).
Although XRP has a nasty habit of hard pumps and equally hard dumps, seniors from fund management companies have recently stated that ETH and XRP will likely be next in line for spot ETF's if the BTC ETF is approved. Although a big IF, it's worth noting that such an event will drastically increase the market cap of XRP (and ETH).
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13) DOGE
Elon Musk's X has made know that they plan to implement peer-to-peer payments in 2024. He's previously stated openly that DOGE will be accepted as payment on X. This would increase the market cap exponentially.
Furthermore, Doge has a strong community following and big upside potential. In my opinion, that makes it a worthy contender of a diversified portfolio.
Elon Musk's X has made know that they plan to implement peer-to-peer payments in 2024. He's previously stated openly that DOGE will be accepted as payment on X. This would increase the market cap exponentially.
Furthermore, Doge has a strong community following and big upside potential. In my opinion, that makes it a worthy contender of a diversified portfolio.
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14) INJ / Injective
Injective stands out as a DEX protocol supporting margin trading, derivatives, and perpetual contracts. The Injective Chain, a PoS blockchain tailored for high-frequency trading, provides a platform for traders.
I would wait for a pullback to 30's zone before getting in to INJ:
Injective stands out as a DEX protocol supporting margin trading, derivatives, and perpetual contracts. The Injective Chain, a PoS blockchain tailored for high-frequency trading, provides a platform for traders.
I would wait for a pullback to 30's zone before getting in to INJ:
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15) CQT / Covalent
Covalent leverages big-data technologies to create meaning from hundreds of billions of data points, delivering actionable insights to investors and allowing developers to allocate resources to higher-utility goals within their organization.
Instead of painstakingly sourcing data from a small handful of chains, Covalent aggregates information from across dozens of sources including nodes, chains and data feeds. The Covalent API then sources end-users with individualized data by wallet, including current and historical investment performance across all types of digital assets. Most importantly, Covalent returns this data in a rapid and consistent manner, incorporating all relevant data within one API interface.
Covalent leverages big-data technologies to create meaning from hundreds of billions of data points, delivering actionable insights to investors and allowing developers to allocate resources to higher-utility goals within their organization.
Instead of painstakingly sourcing data from a small handful of chains, Covalent aggregates information from across dozens of sources including nodes, chains and data feeds. The Covalent API then sources end-users with individualized data by wallet, including current and historical investment performance across all types of digital assets. Most importantly, Covalent returns this data in a rapid and consistent manner, incorporating all relevant data within one API interface.
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17) GNS / Gains Network
Gains Network (GNS) is a decentralized trading platform where the users can trade cryptos and forex with leverage. Leverage refers to utilizing borrowed capital to trade cryptocurrencies or other financial assets. What is the use of GNS coin?
The Gains Network platform enables users to earn rewards and access a range of financial services, including decentralized lending, yield farming, and staking. Additionally, GNS tokens serve as a governance mechanism, allowing holders to participate in the decision-making process for platform upgrades and changes.
Gains Network (GNS) is a decentralized trading platform where the users can trade cryptos and forex with leverage. Leverage refers to utilizing borrowed capital to trade cryptocurrencies or other financial assets. What is the use of GNS coin?
The Gains Network platform enables users to earn rewards and access a range of financial services, including decentralized lending, yield farming, and staking. Additionally, GNS tokens serve as a governance mechanism, allowing holders to participate in the decision-making process for platform upgrades and changes.
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19) MINA
Mina is a proof-of-stake blockchain, similar to Tezos and Solana. It achieves its unusually small size through zero-knowledge (ZK) cryptography, a data compression technique that uses advanced mathematics to confirm transactions based on minimal metadata.
Mina is a proof-of-stake blockchain, similar to Tezos and Solana. It achieves its unusually small size through zero-knowledge (ZK) cryptography, a data compression technique that uses advanced mathematics to confirm transactions based on minimal metadata.
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20) CTSI / Cartesi
Cartesi is a layer 2 optimistic rollup that seeks to overcome the issue of scalability and high fees on blockchains and take smart contract and dApp development to the next level. Cartesi is the only software-based off-chain computing solution that is fully verifiable. This is more than an incremental improvement over other decentralized applications and allows developers to code smart contracts and dApps directly using the mainstream software stacks on a Linux VM.
Cartesi offers users the ability to run both scalable smart contracts and dApps that are coded with mainstream software stacks.
Cartesi is a layer 2 optimistic rollup that seeks to overcome the issue of scalability and high fees on blockchains and take smart contract and dApp development to the next level. Cartesi is the only software-based off-chain computing solution that is fully verifiable. This is more than an incremental improvement over other decentralized applications and allows developers to code smart contracts and dApps directly using the mainstream software stacks on a Linux VM.
Cartesi offers users the ability to run both scalable smart contracts and dApps that are coded with mainstream software stacks.
Related Ideas
ADA needs no introduction, and after an impressive 2023 (Cardano adds almost 10,000 smart contracts in 2023) I expect more growth on this chain.