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Altcoins
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December 17, 2024

Altcoins With ‘Strong Fundamentals’ Will Shine After Bitcoin Rally, Says Crypto Trader – Here Are His Top Picks

By Daily Hodl Staff

A popular crypto analyst is outlining which altcoins he think will shine after Bitcoin’s (BTC) price rally.

The trader Ali Martinez tells his 99,500 followers on the social media platform X that the key to betting on altcoins is to invest capital early in projects with strong fundamentals.

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“Forget the meme coin FOMO and the X chatter about overnight meme millionaires. That’s luck, not strategy. If you’re in this game for sustainable gains, focus on projects with real utility that are building something substantial.

Here are a few worth watching:

  • Worldcoin: A fresh project with ambitious goals in identity and global finance.
  • Uniswap: The OG of decentralized exchanges with staying power.
  • AAVE: A DeFi powerhouse, already showing strength.
  • Chainlink: The backbone of decentralized oracles, with consistent adoption.
  • Maker: A key player in stablecoins and DeFi.
  • ONDO: Tapping into the rising narrative of tokenized real-world assets.
  • Solana: Speed, scalability, and a thriving ecosystem.
  • BNB: A staple exchange token with wide utility.”

Worldcoin (WLD), OpenAI CEO Sam Altman’s controversial cryptocurrency project that uses eye-scanning technology to create an identity network, rebranded to World Network in October. The project’s native token, WLD, is trading at $2.95 at time of writing.

Uniswap (UNI) is a decentralized exchange (DEX). The project’s native token, UNI, is trading at $16.51 at time of writing.

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Aave (AAVE) is decentralized lending protocol built on Ethereum (ETH). The project’s native token, AAVE, is trading at $383.02 at time of writing and is up nearly 5% in the past day.

Chainlink (LINK) is a decentralized oracle network. The project’s native token, LINK, is trading at $29.12 at time of writing.

Maker (MKR) is a decentralized finance (DeFi) protocol and stablecoin issuer. The project’s native token, MKR, is trading at $1,918 at time of writing.

Ondo Finance (ONDO) is a tokenized real-world asset (RWA) protocol. The project’s native token, ONDO, is trading at $2.04 at time of writing and is up more than 10% in the past 24 hours.

Solana (SOL) is a layer-1 Ethereum challenger. SOL is trading at $218.50 at time of writing.

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BNB, the native utility token of the layer-1 BNB Chain ecosystem, is trading at $726.15 at time of writing.

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