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Here Are Top 19 Altcoins Ready to Skyrocket This Season

source-logo  thecryptobasic.com 27 May 2024 08:54, UTC

Altcoin Daily, a prominent crypto YouTube channel, highlights the top 19 crypto assets ready to skyrocket this bull season, including BTC, ETH, and XRP.

The border crypto community is bullish on the series of positive events in the market over the past week. As reported earlier, the United States House of Representatives voted to pass the first major crypto bill that aims to provide clear regulations for the industry.

While investors celebrated this win, the U.S. SEC approved multiple spot-based Ethereum exchange-traded funds (ETFs). Although these funds have not commenced trading due to the SEC’s delay in approving the S-1 documents, several ETF analysts project that the regulatory agency would approve these filings in the coming weeks.

Following the events that have occurred in the past weeks, investors are confident that this season’s bull run could be the biggest ever. As a result, they have embarked on a mission to find the top crypto assets with good growth potential.

Top 19 Cryptos with Huge Growth Potential

Amid the speculation, prominent YouTube channel Altcoin Daily highlighted its top 19 assets that have the potential to record significant returns this season. The list comprises both high and low-cap assets.

Bitcoin (BTC)

At the top of the list is Bitcoin, the largest crypto asset with a market cap of $1.36 trillion and a 24-hour volume of $22.9 billion. Bitcoin tops the list due to its widespread popularity. Altcoin Daily also mentioned Bitcoin’s finite supply and growing demand as other factors that could pave the way for a tremendous surge in the future. BTC trades at $69,122, with a daily gain of 1.16%.

Ethereum (ETH)

Expectedly, Ethereum, which ranks as the second-biggest cryptocurrency by market cap, also made it to Altcoin Daily’s top 19 cryptos list.

According to Altcoin Daily, the recently approved spot-based Ethereum ETFs could propel ETH’s price for a massive surge. Ethereum was changing hands at $3,730 at press time, with its market cap comfortably sitting at around $448.24 billion.

Solana (SOL)

Solana was the third choice in Altcoin Daily’s top 19 crypto assets. The YouTuber selected Solana due to its growing demand and the possibility of top asset managers filing to launch an ETF for it.

At press time, SOL was trading at $167.31, up 0.26% over the past 24 hours. The coin also boasts a market cap of $75.2 billion, which places it as the fifth biggest cryptocurrency by market cap.

XRP (XRP)

Altcoin Daily highlighted XRP as the fourth crypto asset with massive growth potential. XRP’s selection was partly due to Coinbase reinstating its trading in New York. At press time, XRP was trading at $0.5368, down 0.24% in the daily charts. With its market cap of $29.56 billion, XRP is the seventh-biggest cryptocurrency in the global ranking.

Chainlink (LINK)

For Altcoin Daily, Chainlink is the fifth crypto with a good potential to embark on a significant rally this season. According to the YouTube channel, top financial institutions, including BNY Mellon and JPMorgan, leverage Chainlink for its utility.

A unit of LINK was changing hands at $16.94, down 2.15% over the past 24 hours. Chainlink boasts a market cap of $10.1 billion and is ranked as the 14th cryptocurrency.

Avalanche (AVAX)

Interestingly, Avalanche made the list due to its major partnerships with prominent financial institutions, like Citi and Fidelity Investments. Experts project that Avalanche could eventually become a future candidate for an ETF.

In the meantime, AVAX was trading at $37.78, up 0.41% in the daily charts. It has a valuation of $14.84 billion, positioning it as the 11th biggest cryptocurrency in the industry.

Toncoin (TON)

According to Altcoin Daily, Toncoin is one of the fastest-growing ecosystems in the crypto industry and is expected to grow significantly in the future. At the time of writing, TON was priced at $6.41 with a daily surge of 3.97%. TON is ranked as the ninth-biggest crypto with a market cap of $22.28 billion.

AIT Protocol (AIT)

Altcoin Daily added AIT to the list due to its artificial intelligence (AI) functionalities and token-burning model. The token is ranked as the 698th-biggest cryptocurrency, with its market cap standing at $40.77 million. AIT is priced at $0.3122, up 9.47% in the past day.

LimeWire (LMWR)

The YouTube channel expressed bullishness in LimeWire due to its focus on AI and music. LMWR was trading around $0.6672, down 4.40% in the past 24 hours. The token ranks as the 324th-biggest cryptocurrency with a market cap of $191.43 million.

Sonorus (SNR)

With a market cap of $6.75 million, Sonorus ranks as the 2,909th biggest cryptocurrency. Its inclusion in the list was due to efforts in the AI music sector. Sonorus enables anyone to become an artist, thanks to its enhanced artificial intelligence music platform. SNR was changing hands at $0.1151, marking a 24-hour decline of 15.92%.

Algorand (ALGO)

Algorand also made the list of the top 19 crypto assets with huge growth potential. Besides Algorand’s recently released commercials, Altcoin Daily did not indicate why they added the token to the list.

In the hours leading up to press time, ALGO was trading at $0.1919, with a 24-hour surge of 3.95%. The coin also sits as the 61st-biggest cryptocurrency, boasting a market cap of $1.56 billion.

Paid Network (PAID)

Altcoin Daily listed Paid Network (PAID) as the 12th crypto asset on the list, with its price potentially skyrocketing significantly this bull season. A unit of PAID was trading at $0.1381 at the time of writing, with its market cap standing at $39.91 million.

Propy (PRO)

Propy is the 13th asset on the list of top cryptos with a potentially good return on investment. The crypto project is focused on tokenized real estate. PRO trades at $2.25 at press time, with a daily surge of 0.17%. It ranks as the 292nd-largest cryptocurrency with a valuation of $224.72 million.

Ondo Finance (ONDO)

ONDO, the 58th-biggest cryptocurrency, was included in Altcoin Daily’s list of assets with huge growth potential. The project is backed by top players in the industry, including Coinbase and Pantera Capital. A unit of ONDO token was trading around $1.22 at the time of writing this line.

Internet Computer (ICP)

Altcoin Daily characterized Internet Computer as one of the Layer-1’ss dark horses. ICP ranks as the 22nd-biggest asset in the global crypto ranking, with a valuation of $5.72 billion. At press time, the token changes hands at $12.32, with a daily surge of 3%.

SuperVerse (SUPER)

SuperVerse is a web 3.0 gaming project. Altcoin Daily believes SUPER has strong growth potential due to its focus on community play and token distribution. With a market cap of $502.8 million, SUPER is currently the 141st-largest cryptocurrency. It is trading at $1.03, up 0.7% in the daily charts.

Trex20 (TX20)

This is another Web 3.0 gaming project included in the list. Ranked as the 3,274th crypto asset, TX20 boasts a market cap of $347,740. A unit of TX20 was trading at $0.0163 at press time.

Foxy (FOXY)

Foxy is the only meme-based cryptocurrency Altcoin Daily added to the list of top 19 crypto assets with huge growth potential. At press time, FOXY was trading at $0.0135, up 2.51% over the past 24 hours. It also boasts a market cap of $40.59 million, making it the 2,656th biggest cryptocurrency.

Coti Network (COTI)

The 19th and final selection was Coti Network, a Layer-1 crypto project focusing on developing fintech products. COTI has a market cap of $208.13 million, positioning the token as the 306th biggest cryptocurrency by valuation. It was trading at $0.1323 in the hours leading up to press time, with a 24-hour surge of 2.15%.

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