Altcoins
Top Crypto Investments to Watch This Week
This week, the cryptocurrency landscape has seen a mix of fluctuations, with major digital currencies such as Bitcoin and Ethereum experiencing declines of 1.7% and 4% respectively. Despite a generally lackluster weekend for the market, Dogecoin (DOGE) emerged as a notable outlier, achieving a remarkable 16% increase and leading the meme coin category.
Layergg, a cryptocurrency analyst with nearly 100,000 followers on X, recently offered his views on which altcoins should be on everyone’s radar this week. Here is an overview of his analysis:
Dogecoin (DOGE): Ahead of its debut in futures trading on Coinbase International on April 1, DOGE is generating buzz, especially in the run-up to “Doge Day” on April 20, an event historically known to positively impact coin valuations of currency.
Aptos (APT): Next April, Aptos is expected to announce a major development related to real-world assets (RWA), with speculation on potential collaborations with large asset management firms such as BlackRock or Franklin Templeton. The announcement will likely coincide with the “Aptos DeFi DAYS” event on April 2.
Ghost (FTM): The community is eagerly awaiting the launch of Fantom Sonic Mainnet, scheduled for late March or early April. CEO Andre Cronje’s promotional efforts add to the anticipation, underscoring the strategic importance of his influence.
Batteries (STX): As the Bitcoin halving approaches and with the Nakamoto upgrade scheduled for late April, Stacks is gaining attention, particularly from Franklin Templeton, for being the first SEC-compliant blockchain.
Ondo Finance (ONDO): Following BlackRock’s announcement of a $100 million tokenized assets fund, Ondo Finance became a closely associated RWA project. It is also featured in Bitwise’s “Crypto Use Case 2024” report, signaling its potential for new institutional collaborations.
Pendle (PENDLE): With the planned launch of the EigenLayer token in mid-April and following the success of ETHFI, Pendle Finance is seeing renewed interest. Upcoming token releases from Restaking projects could propel Pendle Finance’s growth.
Toncoin (TON): Telegram’s decision to adopt TON exclusively for ad payments introduces the coin to its 800 million monthly users. Coupled with the TON Foundation Open League starting April 1, TON has already seen a 44% increase this week.
XPLA (XPLA): April could see the launch of zkSync, with XPLA securing funding from Matter Labs for a potential beta version of zkSync. XPLA’s commitment to AAA gaming “MadWorld” and its plans to introduce more AAA titles positions it for growth.
Aerodrome (AERO): As the leading DeFi platform on the Base chain, which saw its TVL double in a month, Aerodrome is preparing to launch Slipstream. With Coinbase Ventures announcing its investment in AERO last February, its future looks bright.
eTukTuk aims to revolutionize transportation in developing countries with its eco-friendly electric TukTuks, currently in the ICO phase with $2.5 million raised.
Dogecoin20 introduces a Stake-to-Earn model and secured $10 million in ICO funding, promising improved utility and sustainability for the coin industry.
Green Bitcoin – focuses on prediction markets and passive staking, with $9 million raised in its ICO, offering users rewards based on accurate Bitcoin price predictions.
Paris on madness – it has become the best altcoin ICO investment thanks to its revolutionary revenue sharing, real-world utility, and concrete roadmap. While the above projects seem to be all talk, without any action, InsanityBets seems to be letting its actions do the talking. We expect this team to bring you huge gains in 2024.