As the crypto market enters into what could be considered to be another bull market, one analyst known as MacnBTC has come forward to give a list of altcoins that could do well going forward. The list includes altcoins currently listed on the largest crypto exchange in the world, Binance, making them very easy to get.
The Top Altcoins To Buy On Binance
Thorchain (RUNE)
Appearing at the top of the list is RUNE, the native token of the THORchain network. The decentralized cross-chain liquidity protocol has been garnering a lot of public attention, rising from as low as $0.789 to as high as $7 in 2023.
Chainlink (LINK)
Next on the list is Chainlink’s native LINK token which powers its decentralized oracle network. Chainlink has been touted to be at the forefront of asset tokenization, putting it at the helm of a potential $30 trillion sector.
Synthetix (SNX)
This decentralized liquidity provisioning protocol has continued to make its mark in the decentralized finance (DeFi) world. It cuts across leading networks like Ethereum and Optimism, and Synthetix’s native token SNX is at the forefront of it.
ORDI (ORDI)
The ORDI token is one of the first to take advantage of an entirely new type of token creation in the crypto industry. Bitcoin inscriptions allow for the creation of tokens on the Bitcoin network and ORDI is already seeing a lot of success and adoption following this.
Venus Protocol (XVS)
Venus protocol is both a synthetic stablecoin protocol and an algorithm money market on the BSC network. With its asset lending and borrowing solution, its XVS token is already on the way to becoming one of the most recognized names in the DeFi industry.
SushiSwap (SUSHI)
SushiSwap is one of the leading decentralized exchanges in DeFi coming up in the midst of names such as Uniswap (UNI) (launching as a Uniswap fork initially). It is an automated marker maker that allows users to take advantage of smart contracts to create markets for their tokens. As a result, its native SUSHI token has garnered attention in the last few years.
SingularityNET (AGIX)
AGIX is the token for SingularityNET, a blockchain-based platform that allows users to enhance the capabilities of artificial intelligence (AI). Its token has seen adoption as it is required for users to buy and test a wide range of AI services.
Balancer (BAL)
This automated market maker on the Ethereum blockchain acts as a self-balancing weighted portfolio and liquidity provider. Using the BAL token, users are able to earn profits by contributing to Balancer’s customizable liquidity pools.
Hot Take: Top Altcoins To Watch For In The Bull Market
As the crypto market enters another potential bull market, it’s important to keep an eye on altcoins that have shown promise. Analyst MacnBTC has compiled a list of altcoins available on Binance that could perform well in the coming months. These altcoins include THORchain (RUNE), Chainlink (LINK), Synthetix (SNX), ORDI (ORDI), Venus Protocol (XVS), SushiSwap (SUSHI), SingularityNET (AGIX), and Balancer (BAL). Each of these altcoins operates within different sectors of the crypto industry, such as decentralized finance and artificial intelligence. By diversifying your portfolio with these altcoins, you may be able to take advantage of potential growth opportunities.
By
By