In fact, looking at Bitcoin's market share, this year is quite similar to 2019: the same industry is lifeless, and the same new funds only buy Bitcoin.
To put it bluntly, if this continues to suck blood to about 65%, a new myth in the industry should soon be born. If it reaches 70%, it will just be a matter of an ignition point, because at this time, any slight overflow of funds from Bitcoin will be enough to ignite a frenzy in the industry.
One should expect more festivities!
These 4 assets are expected to perform with over 10 times increase in the future!
1.ONDO
Ondo Finance's ONDO token has recently experienced significant price fluctuations. This month, the token rose by 35% due to integration with PayPal's PYUSD. Following this, the price of ONDO increased by 9%, reaching $1.05. Over the past week, it has risen by 13%, reflecting growing investor interest.
On November 15, Ondo Finance announced a partnership with PayPal's PYUSD, marking an important milestone. This partnership allows for instant conversion between PYUSD and Ondo's short-term U.S. government bonds (OUSG). This move is a step towards connecting decentralized finance (DeFi) with traditional financial systems. It highlights the role Ondo Finance plays in advancing the integration of these two sectors.
The market outlook for ONDO remains optimistic. Analysts predict that by December 2024, the trading price of the token will be between $3.45 and $4.90. This forecast suggests that its price could increase by about 317% from current levels. If realized, the return on investment (ROI) for investors could reach 376.15%.
2.OSMO
The Osmosis v27 software upgrade will introduce significant enhancements and fixes to the platform's codebase. This governance-approved update aims to ensure that Osmosis operates on advanced and secure technology, thereby consolidating its position in the market.
Osmosis (OSMO) is trading at $0.529, down 2.90% in the past 24 hours. Despite the short-term decline, market sentiment remains optimistic, reflected in the bullish outlook and an extreme greed rating (83) on the fear and greed index.
The outlook for December suggests further price increases, with OSMO's trading price potentially between $1.841221 and $2.62. Based on an estimated average price of $2.29, this represents a significant increase of 308.59% from today's price. If the token reaches these predicted levels, investors can profit by 366.36%.
3.CRO
Cronos Group (TSE: CRON) reported strong financial results for the third quarter of 2024. Revenue grew by 38% compared to the same period last year, reaching $34.3 million. The company turned around from a net loss of $1.46 million in the third quarter of 2023 to a net income of $8.35 million this quarter, with a profit margin of 24%. Earnings per share rose from a loss of $0.004 last year to $0.02.
Cronos stock rose by 2.1% over the past week, indicating a positive market response. The stock is trading well above its 200-day simple moving average, exceeding 96.5%. This trend indicates strong upward momentum.
Additionally, the Cronos token (CRO) has also been active. Over the past year, its price has risen by 99%, currently trading at $0.1833. The liquidity of this asset is comparable to its market capitalization.
4.RENDER
Render Token (RENDER) has achieved remarkable growth, recently breaking the $8 milestone, marking an increase of over 10 times. Optimistic forecasts suggest that the token may rise further, with some analysts predicting it will reach $12.30 and possibly soar to $22. Long-term forecasts are even more optimistic, estimating that RENDER could reach $150 in logarithmic terms.
This token has a significant growth history, including a rise from $0.47 to $13.64, an increase of 2,791%. This record highlights its potential for future success, and strong bullish signals suggest it could set new all-time highs.
Currently, RENDER is gaining momentum and preparing for a potential breakout. Its trading price is slightly above the 100-day moving average, close to the key resistance level of $6.02. If the token can break through this barrier, analysts expect a short-term increase of 20-30%. With this bullish activity, achieving a 250% increase by the end of the year seems imminent.
Render Token is the utility token of Render Network, a decentralized platform that uses GPU-based rendering to reduce costs for creators. By leveraging the unused GPU capacity of node operators, the network enables efficient animation and visual effects production. Node operators earn RENDER tokens as rewards, creating a seamless and efficient ecosystem.
As demand for rendering resources continues to grow, RENDER provides a novel and innovative solution. With its unique use case and strong developmental momentum, Render Token may become a standout in the altcoin market, especially if the bullish trend persists.
