Grayscale has recently unveiled a list of altcoins that may soon become part of the company’s investment products.
The investment community often views Grayscale’s candidates as a reference point for building their portfolios.
Grayscale’s Potential Candidates for Q4
According to an official announcement, Grayscale is reviewing 35 altcoins for possible inclusion in its future investment products. These altcoins are categorized into five groups: Currencies, Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services.
Read more: Top Potential Cryptocurrencies in 2024
“Assets Under Consideration lists digital assets not currently included in a Grayscale investment product but identified by our team as possible candidates for inclusion in a future product,” Grayscale explained.
| Grayscale Crypto Sector | Assets Under Consideration |
|---|---|
| Currencies | Kaspa (KAS) |
| Smart Contract Platforms | Aptos (APT) |
| Arbitrum (ARB) | |
| Celestia (TIA) | |
| Celo (CELO) | |
| Core (CORE) | |
| Cosmos (ATOM) | |
| Internet Computer (ICP) | |
| Mantle (MNT) | |
| Metis (METIS) | |
| Neon (NEON)* | |
| Optimism (OP) | |
| Polygon (POL ex. MATIC) | |
| Sei (SEI) | |
| Starknet (STRK) | |
| Toncoin (TON) | |
| TRON (TRX) | |
| Financials | Aerodrome (AERO) |
| Ethena (ENA) | |
| Injective Protocol (INJ) | |
| Jupiter (JUP) | |
| Mantra (OM) | |
| Ondo Finance (ONDO) | |
| Pendle (PENDLE) | |
| THORChain (RUNE) | |
| Consumer & Culture | Dogecoin (DOGE) |
| Immutable (IMX) | |
| Utilities & Services | Akash (AKT) |
| Arweave (AR) | |
| Artificial Superintelligence Alliance (FET) | |
| Helium (HNT) | |
| Pyth (PYTH) | |
| UMA Project (UMA) | |
| VeChain (VET) | |
| Worldcoin (WLD) |
Additionally, Grayscale noted that this list could change each quarter depending on the re-evaluation of these projects.
Recently, Grayscale also revealed a list of 20 altcoins with high potential for Q4 2024. This list includes six new names compared to Q3, such as Optimism (OP), Sui (SUI), Bittensor (TAO), Celo (CELO), UMA Protocol (UMA), and Helium (HNT). The addition of these new names reflects Grayscale’s focus on areas like AI, DePin, and the prediction markets.
Read more: Best Investment Apps in 2024
The asset manager launched Grayscale SUI Trust in August. This altcoin has surged by nearly 300% since then, increasing by 46% in October, and recently hit a new high of $2.36.
Founded in 2013, Grayscale Investments currently manages over $20 billion worth of digital assets.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Source link
Nhat Hoang
https://beincrypto.com/grayscale-reveals-35-altcoins-under-consideration/
2024-10-14 06:08:01
