The recent surge in TAO’s price has sparked a lot of interest in new altcoins with high profit potential. TAO has made significant progress in decentralization by integrating smart contracts into its blockchain. From $192 on September 6, TAO’s value has soared to over $550 within a month. Here are four altcoins that have stood out due to the TAO effect.
Chainlink（LINK）
Chainlink is a decentralized oracle network that provides real-world data to smart contracts on the blockchain, and its services cover a wide range of areas from DePIN to RWA tokenization and DeFi.
Chainlink’s Cross-Chain Interoperability Protocol (CCIP), along with over 1,000 integration points, could increase demand for LINK coins, setting the stage for future price appreciation.
Super Artificial Intelligence (FET)
FET is one of the most resource-rich AI blockchains. The ASI Alliance, formed by the merger of Ocean, SingularityNET, and FET, is expected to drive price increases as its team continues to expand.
The price of FET has risen 24% in the past week, and bullish signals on the daily chart suggest that its price may double.
Cardano (ADA)
Cardano is known for its strong focus on security and scalability, and has recently further improved its technology with the launch of Hydra and the implementation of Ouroboros.
Cardano’s price has recently increased by 6.63%, continuing its upward trend and if market conditions remain favorable, the price could reach $0.80.
Sui
Sui Network is a next-generation Layer-1 blockchain designed to enhance the deployment of smart contracts and increase transaction speed.
Thanks to Ethereum investment, SUI's price has surged, and its social popularity and total locked value (TVL) have exceeded $950 million. These factors may push SUI's price above $5.
These four altcoins have strong fundamentals and growth potential that could turn a $500 investment into $5,000. Moreover, the upcoming bull season increases the likelihood of a 10x gain.
The article is for reference only and does not constitute investment advice.
