The well-known name in the crypto world, Ben Armstrong (BitBoy Crypto), has identified six noteworthy altcoins for this bull season. Armstrong emphasizes the importance of successful investors being open to new data and changing market trends rather than dwelling on the past. He states that it is critical to follow the latest developments during this period. His altcoins are a mix of projects with growth potential in various sectors; these include large companies, institutional favorites, and promising AI-focused projects.
The altcoins highlighted by BitBoy are:
Ripple (XRP)$XRP
According to BitBoy, XRP is poised to lead this cycle. The impending resolution of the ongoing SEC case could provide XRP with regulatory clarity. A potential Ripple IPO and ETF approval could trigger a massive wealth transfer similar to the 2017 bull run. XRP is currently trading at $0.6237.
Ondo Finance (ONDO)
BlackRock chose Ondo to tokenize US Treasury bonds on the blockchain. Ondo has a significant position in the real-world assets space. BitBoy emphasizes that there is a potential of $16 trillion in this sector by 2030 and Ondo will become a major player in the coming years.
Pyth Network (PYTH)$PYTH
PYTH is an oracle platform that has the potential to compete with Chainlink by offering an alternative solution in the decentralized data space. BitBoy considers it one of the most promising competitors in the market. Binance listed Pyth Network’s PYTH token by applying a ‘Seed Tag’ and after this announcement, the altcoin price increased by 25% to over $0.5.
On Networks (SUI)$SUI
Many experts are calling Sui “the Solana of this cycle.” Sui has strong backing from Franklin Templeton and is rapidly expanding its ecosystem. With its high-speed transactions and solid institutional support, Sui stands out as a blockchain to watch.
Render Token (RNDR)
Known as the “Nvidia of crypto,” Render focuses on decentralized physical infrastructure, thus attracting the attention of major players. BitBoy notes that Render is uniquely positioned in the AI and metaverse space, making it a versatile platform with enormous potential. The altcoin’s price has increased by over 23% in the past week, indicating the continued interest of major players in this token.
Artificial Super Intelligence Alliance (ASI)
ASI, which combines Fetch.ai, Ocean Protocol, and AGIX, brings together three powerful AI projects under a single token. BitBoy sees this as a game-changer with the potential to consolidate market share and spur growth in the AI sector.