Grayscale Releases Updated Top 20 Cryptocurrencies List
Grayscale released a new research paper focusing on various cryptocurrency sectors. The company updated its list of the top 20 cryptocurrencies that Grayscale Research believes have high potential for Q4 2024.
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Grayscale released a new research paper focusing on various cryptocurrency sectors. The company updated its list of the top 20 cryptocurrencies that Grayscale Research believes have high potential for Q4 2024.
Please note that this is not financial advice and does not take individual investment objectives into account. Additionally, Grayscale may revise this material at any time.
New crypto assets added to the list include SUI, TAO, OP, HNT, CELO, and UMA.
Grayscale notes that the Sui blockchain recently received an upgrade, boosting transaction speeds by 80%, making it faster than Solana.
The team also highlights Optimism due to its scaling solution, Superchain, which is utilized by networks like Base and World Chain.
Helium has been added to the list as Grayscale seems to view it as a leader in the DePIN (Decentralized Physical Infrastructure Network) category. The project reportedly earns over $2 million annually from network fees.
Grayscale cautions that all tokens on the list are highly volatile and carry significant risks. Furthermore, the upcoming U.S. presidential election could shake up the crypto market.
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