price dynamics exactly a year later:
$BTC: +131%
$ETH: +61%
$XRP: +19%
$ADA: +21%
$DOGE: +111%
$MATIC: -22%
$SOL: +605%
this underscores the importance of asset selection.
for example, if you had bought MATIC on May 14, 2023, you would have lost 22%. if you had bought SOL, you would have grown sixfold.
this cycle doesn't resemble the previous one. the value of choosing the right coins has multiplied.
this is crucial if you want to profit in this bull market:
only ~15% of altcoins are likely to experience significant growth during the upcoming alt season. choosing the right assets now is more important than ever.
essentially, you have several paths to choose from:
- follow leads from hot news
- follow strong and popular mid-cap projects
- follow the leaders of this cycle.
on Coingecko, there are over 14,200 coins, of which a maximum of 5% make sense.
this means you need to choose 10-20 coins out of 700 (5-10 for some).
I believe it's better to choose coins with higher chances of significant growth in this cycle than to chase numerous leads for 100x returns.
some from my watchlist:
$ETH - $8-9k - conservative target.
$SOL - it would be foolish to ignore the most popular blockchain of this cycle.
$WIF / $PEPE - I'm not a big fan of memes, but it seems like 15B-20B mcap is quite realistic.
$ONDO - favorite RWA coin.
$TAO - the true potential of the artificial intelligence industry has not been fully realized yet; I believe it will reach even greater heights.
$PRIME - AI+GameFi, been writing about this project since last year; top-notch ecosystem with a solid player base.
I'm also keeping an eye on $ENA. Binance could have a huge position here, and it's interesting to note that the next unlock will only happen in April 2025.
A look at the classics: $OP - several venture funds are involved in the process, and it seems they have reached a consensus on the next pump.
as for strong low-caps, there aren't actually that many:
AI: $GLQ, $NMT, $AGC
RWA: $IXS, $CPOOL
DePIN: $WNT, $KREST, $NOIA.