Over time, as the value of Bitcoin skyrocketed, cryptocurrency investors turned to other alternatives for greater potential gains, and altcoins proved to be the answer. However, the problem arises because there are thousands of altcoins in the market, making the process of choosing the right promising altcoins quite a daunting task. In this regard, the cryptocurrency analyst has come up with a detailed list of 9 altcoins that could do very well in a bull market.
Altcoins That Could Hit 100X
Like many others, cryptocurrency analyst Linton Worm expects the next crypto bull run to begin in October 2024. This has prompted him to prepare for the moment when the crypto bull run actually begins, and buying the right altcoins before then has become one of the best ways to stay in position. That’s why Linton Worm took to X (formerly Twitter) to inform 138,500+ followers Top 9 altcoins worth buying to stay in position.
Realio Network (RIO)
Realio Network (RIO) comes first on the list, having a market cap of $6.7 million and a fully diluted market cap of $56.3 million. This project is among the top altcoins that are tapping into the Real World Asset (RWA) industry, which is set to become a trillion-dollar industry. These high expectations for the RWA industry are expected to drive the coin higher.
SUI Network (SUI)
The Sui Network is a layer-1 blockchain that launched on May 3, 2024, and is intended to provide greater competition to cryptocurrencies like Bitcoin and Ethereum. The analyst believes it currently has a market cap of $4.05 billion and a fully diluted market cap of $15.01 billion, making it one of the most powerful altcoins that will do well in a bull run.
Celestia (TIA)
The Celestia blockchain is another layer-1 blockchain that launched in October 2023. Its native token, TIA, had a mighty start but has since regained most of its gains with the recent market crash. It currently has a market capitalization of $1.28 billion, and a fully diluted valuation of $16.49 billion suggests it still has room to grow.
LayerZero (ZRO)
LayerZero (ZRO) is an interoperability network that launched in 2024 with much fanfare. At the time of writing, it has a market cap of under $1 billion, but it has landed on crypto analysts’ lists of powerful altcoins to watch out for in October 2024.
Simon’s Cat (CAT)
Meme coins are still on top of the cryptocurrency market, and Simon’s Cat is one of the meme coins that has dominated the space recently. The analyst believes that with a market capitalization of $262 million, it is one of the altcoins that has the potential to succeed in the market.
Dodo Breeder (DODO)
Decentralized exchanges continue to do well in decentralized finance (DeFi), and their native tokens tend to do well alongside them. For this reason, DODO has been included on a list of altcoins that the crypto analyst believes will do well.
TokenFi (TOKEN)
The TokenFi platform is one of those taking over the tokenization space, and the altcoin TOKEN has found success as a result. This puts it in the league of altcoins that Linton Worm believes are poised for success.
Parcl (PRCL)
The Parcl platform is a decentralized digital real estate protocol that has airdropped its PRCL token to users who have interacted with its platform. With a market capitalization of $33 million, it is a promising altcoin in an expected bull run.
Athena Laboratories (ENA)
ENA, Ethena Labs native tokenrounds out the list of promising altcoins mentioned by the analyst. With a market cap of $96 million, this token may still have room to run.
Featured image created with Dall.E, chart from Tradingview.com
