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Bitcoin

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

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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.

“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.

Aave (AAVE) is a 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.

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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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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2024-12-17 12:45:36

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