Helium uses decentralized networks to transform IoT with wireless coverage and user rewards.
Sui’s innovative design boosts transaction speed, perfect for gaming and decentralized finance.
Celo emphasizes mobile access, simplifying crypto use in emerging markets with stablecoins.
Grayscale analysts have highlighted some altcoins that could surpass expectations in Q4 of 2024. Helium, Sui, and Celo are some of top picks tipped to thrive.
Each of these promising altcoin has impressive technicals and fundamentals to fuel growth. Let’s explore these tokens in depth.
Helium (HNT)
Source: Trading View
Helium (HNT) aims to transform the Internet of Things (IoT) with a decentralized network. This project uses blockchain technology to provide wireless coverage for IoT devices.
Helium's proof-of-coverage system rewards users for sharing their internet connection. As the number of IoT devices grows, Helium’s network may expand too and boost the price of its native token—HNT.
Recent partnerships indicate strong potential for future growth. With an expanding ecosystem, Helium represents a solid pick for any altcoin portfolio.
Sui (SUI)
Source: Trading View
The Sui Network has been gaining traction thanks to its speed and scalability. This blockchain design enhances transaction throughput and lowers delays, making Sui perfect for fast applications like gaming and DeFi.
An innovative architecture allows developers to build smart contracts that handle high transaction volumes. As projects seek quick and efficient solutions, Sui's importance will likely grow. This potential for widespread use makes Sui a strong altcoin choice for Q4.
Celo (CELO)
Source: Trading View
Celo (CELO) emphasizes mobile access and financial inclusion. The platform simplifies crypto use, especially in emerging markets. Users can send and receive money using just phone numbers, lowering barriers to entry in the crypto space.
Celo also supports stablecoins, which provide protection against volatility. With mobile technology spreading globally, this focus on accessibility presents a compelling opportunity. Celo's commitment to inclusion deserves attention.
As Q4 unfolds, these altcoins could be worth watching for an investment strategy. Each project has strong potential, so thorough research and staying informed will be essential.
The post Top Altcoin Picks for Q4 2024, According to Grayscale: HNT, SUI, CELO appeared first on Crypto News Land.
