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Tom Lee names the top 10 altcoins preparing for a bull rally

12:36 pm, November 19, 2024

Note: not investment advice!

Analyst Tom Lee of Fundstrat Global Advisors said that Bitcoin BTC $97,521.02 Bitcoin 4.49% Market capitalization $1.93 trillion VOL. 24 hours $5.41 billion is preparing for a historic bull rally. Its prices may exceed $ 100,000 before the end of the year.

Against this backdrop, the analyst predicts an explosive altcoin season, which makes the current time important for investing in promising projects.

Tom Lee cited ten crypto assets that are likely to see a rapid increase in value.

According to the expert, Solana, Ethereum’s main competitor, is showing impressive performance. In October, projects based on Solana earned more than $ 300 million, and validators earned $ 450 million. Thanks to its speed, decentralization, and support from major platforms such as Stripe, Solana SOL $242.35 Solana 2.08% Market capitalization $115.02 billion VOL. 24 hours $1.44 billion remains in the spotlight.

The analyst also highlighted the Sui blockchain (SUI), which can perform 290,000 transactions per second with minimal latency. It is positioned as a global coordination layer for the Internet. Thus, Sui competes not only with blockchains but also with tech giants like Google.

The ResearchCoin (RSC) platform, co-founded by Coinbase CEO Brian Armstrong, introduces a new format of decentralized science (DeSci). It offers innovative ways to finance and develop scientific research.

The analyst also paid attention to the Foxy meme token, which is connected to MetaMask, which rewards users for participating in the community.

Lee also spoke about the popular Superverse (SUPER) token in the crypto gaming industry, which integrates with games and communities.

The expert also drew attention to the Propy (PRO) blockchain for the real estate revolution, which allows transactions using cryptocurrencies and smart contracts.

The DeFi-focused Injective (INJ) blockchain for fast and secure trading is also expected to grow rapidly.

The crypto strategist also highlighted a solution for managing smart contracts and DeFi processes — PaidNetwork (PAID).

Lee also mentioned Coti (COTI), which specializes in creating scalable payment systems and partnerships with enterprises.

Finally, the analyst spoke about a new participant in crypto gaming — Blast Royale (NOOB). This is a mobile game in the Battle Royale genre with a «play and earn» model.

Analysts claim that this market is currently particularly promising due to the rapid development of blockchains. This is also supported by the growing support of institutional investors and expected regulatory changes in the United States.

The No Worries editorial team strongly advises readers not to invest their own funds in dubious crypto projects and little-known digital assets!

Earlier, it was reported that the cryptocurrency market is preparing for new heights, as traders expect the value of Bitcoin to reach $ 100,000 in the coming months. This is 10% higher than the previous record of $ 93,000. Therefore, analysts predict that Bitcoin’s growth will contribute to a new «altcoin season.»

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BTC

$97,521.02

4.49%

ETH

$3,144.86

0.19%

BNB

$611.56

-0.34%

XRP

$1.13

2.02%

SOL

$242.35

2.08%

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