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Top 4 Altcoins Set to 10x Rally This Crypto Bull Run

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By on October 16, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Top 4 Altcoins Set to 10x Rally This Crypto Bull Run appeared first on Coinpedia Fintech News

Bitcoin surged to a seven-day high of $64,300, gaining 2.5% following China’s announcement of economic stimulus measures. This positive sentiment came after Bitcoin briefly dipped below $60,000 last week due to market volatility and concerns over rising US CPI data. Despite these challenges, Bitcoin has bounced back strongly.

As Bitcoin holds strong, attention is shifting to altcoins with emerging sectors like gaming, AI, decentralized infrastructure, and real-world asset tokenization. Crypto analyst Miles Deutscher has shared his top four picks that he believes could see major growth—possibly up to 10X. 

Let’s take a closer look at these promising projects.

SuperVerse (SUPER): GameFi’s Rising Star

First on Deutscher’s list is SuperVerse (SUPER), a token with deep ties to the gaming world. While it’s gaining traction thanks to a dedicated community, SUPER isn’t just hype—it has real utility in the growing play-to-earn sector. SUPER has surged 70% since Deutscher’s recent recommendation, driven by its role in the NFT and gaming economy.

He sees SUPER as a prime candidate for further growth as the gaming space continues to expand. Its mix of strong community support and real-world use cases makes it one to watch closely. SuperVerse’s price increased by 22.07% over the past week, currently trading at $1.37 with a 24-hour volume of $29.47M.

Bittensor (TAO): AI’s Crypto Champion

Next up on the list is Bittensor (TAO) is making waves in the AI space, and has seen massive interest lately. TAO is helping power AI infrastructure, and it’s caught the eye of investors and tech enthusiasts alike. Even Elon Musk has mentioned TAO, boosting its visibility.

Deutscher points out that while TAO has already had strong price action, it often presents buying opportunities during market dips. For those bullish on the future of AI, TAO is a solid option to consider for long-term growth. Bittensor’s price has dropped by 2.35% over the past week, now trading at $613.95 with a 24-hour volume of $168.49M.

Mantra (OM): Real-World Asset Tokenization on the Blockchain

Mantra (OM) taps into a growing trend: tokenizing real-world assets (RWA) like real estate and commodities on the blockchain. This trend has the backing of major figures like BlackRock’s CEO, who believes RWA tokenization could transform traditional finance.

Deutscher believes OM’s role in this niche makes it a strong long-term play. With the increasing focus on blockchain-based asset management, OM stands to benefit from broader adoption.

Render (RNDR): Powering Decentralized Infrastructure

Rounding out the list is Render (RNDR), a leader in decentralized physical infrastructure (DePIN). RNDR provides decentralized computing power for industries like AI and high-performance computing, making it a key player in this emerging space.

Deutscher highlights RNDR’s technical strength and current price setup, suggesting that it’s well-positioned for future growth. Its role in providing essential infrastructure for the digital economy makes it a strong contender for both short-term gains and long-term success.

Are you planning to good time to shuffle your portfolio? Tell us your views on these low-rated coins.

Also Read :   Top 3 Meme Coins to Buy in October Rally: PEPE, BOME, NEIRO Tease 2x Surge?   ,

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