Based on market trends and the criteria of ABCD (AI, Blockchain, Cloud, Data), here is a list of potential coins for investment in the Altcoin season of 2024. These selections are categorized by each main sector, based on technological advancements, application levels, and growth potential.
1. AI (Artificial Intelligence)
Coin proposal:
1. Fetch.ai (FET):
• Potential: Provides decentralized infrastructure for AI solutions.
• Application: Autonomous AI ecosystem for transportation, energy, and finance.
• Recent performance: Sustainable growth, receiving significant interest from the community.
2. SingularityNET (AGIX):
• Potential: Decentralized network for AI services, helping developers deploy AI securely.
• Application: Connect AI applications and development tools.
3. Oraichain (ORAI):
• Potential: First AI-focused blockchain, supporting reliable data and AI smart contracts.
• Application: Integrating AI into DeFi and NFTs.
2. Blockchain
Coin proposal:
1. Ethereum (ETH):
• Potential: Most popular blockchain for DeFi and NFTs.
• Application: Foundation layer for thousands of other blockchain projects.
• Strengths: Ethereum 2.0 improves speed and reduces transaction fees.
2. Polygon (MATIC):
• Potential: Layer 2 scaling solution for Ethereum.
• Application: Platform for low-cost dApps and NFTs.
3. Celestia (TIA):
• Potential: Advanced modular blockchain with outstanding scalability.
• Application: Build and deploy blockchain as needed.
3. Cloud (Cloud computing)
Coin proposal:
1. Filecoin (FIL):
• Potential: Leading decentralized storage platform.
• Application: Safe data storage at lower costs compared to centralized services.
2. Arweave (AR):
• Potential: Provides long-term data storage, no maintenance required.
• Application: Permanently store important documents and files.
3. Akash Network (AKT):
• Potential: Decentralized cloud platform that helps save costs.
• Application: Hosting decentralized applications at lower costs.
4. Data (Data)
Coin proposal:
1. The Graph (GRT):
• Potential: Data indexing tool for blockchain.
• Application: Supports DeFi and NFTs by providing fast and efficient data.
2. Ocean Protocol (OCEAN):
• Potential: Decentralized data marketplace.
• Application: Secure data sharing and trading.
3. Render Token (RNDR):
• Potential: Provides decentralized computing power.
• Application: Supports graphics, video, and AI sectors.
Suggested investment portfolio according to ABCD
1. AI: FET, AGIX, ORAI.
2. Blockchain: ETH, MATIC, TIA.
3. Cloud: FIL, AR, AKT.
4. Data: GRT, OCEAN, RNDR.
Investment strategy
1. Capital allocation:
• 40% into Blockchain (ETH, MATIC, TIA): A safe, fundamental sector.
• 30% into AI (FET, AGIX, ORAI): High growth potential.
• 20% into Cloud (FIL, AR, AKT): Supporting infrastructure.
• 10% into Data (GRT, OCEAN, RNDR): A growing sector.
2. Buying timing:
• Take advantage of market corrections to accumulate.
• Prioritize mid-cap and small-cap coins with high growth potential.
3. Profit-taking strategy:
• Gradually take profits when achieving 100%-200% returns on each coin.
• Move some to stablecoins (USDT, USDC) to preserve capital.
Conclusion
ABCD is not just a technology trend but also a long-term investment opportunity. With the explosion of the Altcoin season in 2024, choosing the right coins in each sector will help you maximize advantages from the cryptocurrency market. Prepare a clear strategy and plan your actions to optimize profits this season.