My top 8 altcoin picks for this cycle 2024$

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1 May 2024

Only 20% of alts will bring 100x. Choosing the wrong tokens = rekt. Here are my top 8 altcoin picks for this cycle
In the past cycle, you could:
1. Select altcoins almost randomly
2. Invest in them
3. Reap significant profits during the peak of the bull run when nearly everything was on the rise.
However, times have changed. Now, we must be really cautious when choosing where to invest our money, in which token from which narratives, and in which market timing.
The legendary investor Peter Lynch once shared valuable advice in his book “One Up on Wall Street”:
For a good investment, aim to simplify your approach, set aside theoretical thinking, and think like a retailer.
Just think about the recent huge run of $WIF and meme coins within the Solana ecosystem.
The main factor fueling the rise of altcoins is how easy it is for retail investors to understand the projects.
Keep in mind that the all-season hasn’t kicked off at full power yet. Many alts are still in accumulation zones, offering promising entry opportunities.
Today, I’ve compiled a quick list of the most interesting projects that could potentially bring you a 10–100x by the end of 2024
❶ $ONDO ➜@OndoFinance
Price: $0.7974
Market Cap: $1.15B
Ondo’s mission is to make institutional-grade financial products and services accessible to everyone.
They are building the next generation of financial infrastructure to improve market efficiency and accessibility.
❷ $MUBI ➜@Multibit_Bridge
Price: $0.129
Market Cap: $122M
A great choice for the BTCfi narrative — all tokens are in the market, and the capitalization is relatively modest.
MultiBit is a crypto token bridging platform that facilitates seamless token transfers between the Bitcoin blockchain, EVM, and Solana networks.
❸ $PEPE ➜@pepecoineth
Price: $0.000007468
Market Cap: $3.1B
Pepe… Among $WIF, $DOGE, $SHIB, $FLOKI, this one is probably my favorite meme coin.
It’s likely to be a solid choice once a true altseason kicks off, offering significant upside potential.
❹ $ETHFI ➜@ether_fi
Price: $4.67
Market Cap: $538M
http://ether.fi is a liquid restaking protocol on Ethereum. Their liquid restaking token, eETH, is the first native token of its kind on Ethereum.
Yesterday, many influencers began discussing the impressive potential of $ETH, so I believe $ETHFI token could be a promising option.
❺ $PAAL ➜@PaalMind
Price: $0.4003
Market Cap: $260M
PAAL is an AI-powered chatbot ecosystem for the crypto market that allows users to develop custom chatbots for platforms like Discord and Telegram.
PAAL AI is transforming the crypto space by providing a personal AI assistant for investors, offering tailored information and services using AI and ML technologies.
❻ $NGL ➜@Entanglefi
Price: $1.02
Market Cap: $123M
Entangle is the first fully customizable & interoperable data infrastructure built for Web3 and institutions.
The project provides builders and dApps universal data pathways with full configurability in executing operations across any blockchain network.
❼ $IXS ➜@IxSwap
Price: $0.6875
Market Cap: $116.11M IX
Swap will be the first DeFi platform to enable the trading of security tokens through licensed custodians and security brokers, offering true ownership and rights over real-world assets.
❽ $PRIME ➜@EchelonFND
Price: $18.14
Market Cap: $680M
Echelon is a gaming ecosystem and organization that helps game development studios or projects integrate blockchain features and token incentives into games.
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