Fantom’s Rebrand to Sonic Could Boost Deflationary Tokenomics and Performance
BitTensor Leads in Decentralized AI, with Nearly 200% Gains in 60 Days
Aptos Shows Over 100% Growth, but Its Unlimited Supply May Pose Long-Term Risks
Altcoin investors are looking for strong performers in 2024. After a challenging 2023, Fantom (FTM), BitTensor (TAO), and Aptos (APT) have emerged as potential leaders, showing promising signs of growth. Analytics firm Altcoin Buzz predicts an altcoin pump is on the horizon and suggests these three projects are worth watching.
Here’s a closer look at these altcoins:
Fantom (FTM): A Resilient Layer One Project
Fantom (FTM) is an Ethereum Virtual Machine (EVM) layer one chain focused on decentralized finance (DeFi). After a difficult 2022, the project rebounded especially since August 2023. Its unique architecture allows for fast node syncing and lower validator costs, which will improve further with the upcoming rebrand to Sonic. This rebrand will not only improve the technical aspects but also make Fantom deflationary, strengthening its case for future growth.
Currently, Fantom is trading at $0.731473 with a 24-hour trading v…
The post Fantom, BitTensor, Aptos: Top Altcoins to Watch for a Potential Pump in 2024 appeared first on Coin Edition.
