Altcoins
Altcoin Season 2024: Last Chance to Stack These Six Promising Small-Cap Altcoins
Conor Kenny, cryptocurrency expert has issued a stark warning about the current state of the crypto market, suggesting that time is running out for investors to take advantage of the opportunities. Kenny highlighted the urgency of the situation, pointing out that large inflows of funds into Bitcoin spot ETFs were occurring at an unstoppable pace.
Syncus (SYNC): Kenny presented Syncus as a promising project, highlighting its staking features and the upcoming launch of a lending platform. He disclosed his personal stake of 9.6 million SYNC tokens and explained the potential for big gains.
Orange (ORNJ): The analyst discussed Orange’s ecosystem, which offers financial products and services to manage Bitcoin and other blockchain protocols. He expressed optimism about the NJO, citing its efforts to simplify the Bitcoin ecosystem and make it more accessible to users.
Alvara (ALVA): Kenny explained Alvara as an upcoming project with a fair launch planned on Uniswap. He encouraged viewers to explore Alvara more, especially those interested in early-stage investments.
Tenset: He revealed his investment in Tenset tokens and their stake on the platform. He highlighted Tenset’s role in facilitating rapid access to projects like Alvara and expressed confidence in its potential as a launchpad.
Gaming cryptocurrencies: The analyst referenced the growing interest in gaming cryptocurrencies, citing projects like Ether Games. He highlighted the importance of gaming in the crypto space and encouraged viewers to explore investment opportunities in this sector.
BRC2 Tokens: Kenny discussed the potential of BRC2 tokens, particularly for linking Bitcoin with Ethereum and other blockchain ecosystems. He highlighted projects such as SAVM and BLABS as examples of initiatives aimed at improving interoperability and accessibility within the crypto space.
Drawing attention to the looming shortage, Kenny raised concerns about dwindling crypto reserves held by over-the-counter (OTC) desks. “Over-the-counter holdings of Bitcoin are drying up,” Kenny warned. “The price soars while the amount they hold decreases dramatically. It’s pretty wild.