Grayscale, one of the largest investment firms in the cryptocurrency sector, has released its outlook for the fourth quarter of 2024. The company shared its expectations and identified altcoins with high growth potential during this period. The report also revealed Grayscale’s updated Top 20 Altcoins list, which now includes six new additions.
Grayscale Adds Six New Altcoins to Its List for Q4
Grayscale continually updates its list of the top altcoins every quarter. For Q4 2024, the company added SUI, TAO, OP, HNT, CELO, and UMA to its high-potential assets. These new altcoins were included based on upcoming catalysts, market trends, and key fundamentals specific to each token.
At the same time, Grayscale removed RENDER, MNT, RUNE, PENDLE, ILV, and RAY from its list as part of its quarterly update.
*All the assets in our Top 20 list have high price volatility and should be considered high risk. #bitcoin #ethereum $SOL $TON $LINK $NEAR $UNI $SUI $TAO $STX $AAVE $OP $AR $MKR $HNT $LDO $AKT $AERO $CELO $UMA
— Grayscale (@Grayscale) September 26, 2024
Grayscale’s Top 20 Altcoins for Q4 2024
According to Grayscale, the following cryptocurrencies show strong growth potential for the fourth quarter of 2024:
- Bitcoin (BTC)
- Ethereum (ETH)
- Solana (SOL)
- Toncoin (TON)
- Chainlink (LINK)
- Near (NEAR)
- Uniswap (UNI)
- Sui (SUI)
- Bittensor (TAO)
- Stacks (STX)
- Aave (AAVE)
- Optimism (OP)
- Arweave (AR)
- Maker (SKY)
- Helium (HNT)
- Lido DAO (LDO)
- Akash Network (AKT)
- Aerodrome (AERO)
- Celo (CELO)
- UMA Protocol (UMA)
These altcoins were chosen based on their potential to benefit from upcoming catalysts, market trends, and token-specific fundamentals.
