The recent surge in TAO’s price has greatly stimulated investor interest in emerging altcoins with high profit potential. By incorporating smart contracts into its blockchain, TAO has advanced its own decentralization process, thereby changing its market value. From $192 on September 6, TAO’s value soared to over $550 within a month, triggering a chain reaction throughout the crypto space. Here, we take a deep dive into four promising altcoins that have attracted attention due to the TAO effect.
What’s Driving the Growing Demand for Chainlink?
Chainlink is a decentralized oracle network that connects real-world data with blockchain smart contracts. This innovation makes it a versatile player in areas such as DeFi, DePIN, and RWA tokenization. With over 1,000 integrations and its Cross-Chain Interoperability Protocol (CCIP), Chainlink is expected to meet the growing demand, which is likely to drive up the value of the LINK token.
Will there be significant progress towards superintelligence?
The FET blockchain is one of the largest AI-focused networks, benefiting from the ASI Alliance. Mergers with Ocean and SingularityNET have expanded FET’s market influence, causing its price to rise by 24% in just one week. The bullish trend on its daily chart suggests it could double in value soon.
Cardano continues to maintain its upward momentum, enhancing its technology with innovations such as Hydra and Ouroboros. Known for its focus on security and scalability, Cardano's price has recently increased by 6.63%. If favorable market conditions continue, it has the potential to reach $0.80. Meanwhile, the pioneering Layer-1 blockchain Sui Network is leveraging its enhanced smart contract capabilities. With a large investment from Ethereum, its total value locked exceeds $950 million, which may push the price of SUI to more than $5.
– Widespread Chainlink integration and CCIP could increase demand for LINK coins.
– FET’s recent 24% price increase puts it on track to double.
– Cardano’s security-focused advancements could take its price to $0.80.
– Sui’s growing TVL and Ethereum investments could push its price above $5.
The strong growth prospects and good fundamentals of these four altcoins suggest that they have great potential for investment returns. With the expected bull run, these assets have a higher chance of achieving more than tenfold growth expectations.
The article is for reference only and does not constitute investment advice.
