According to a cryptocurrency analyst, four altcoins are going to lead the next phase of the crypto market pump. They include ONDO, LINK, ZORA, and PENGU. In his latest , the analyst laid out the specific reasons why he believes these four tokens are set to outperform the rest of the market.
According to a cryptocurrency analyst, four altcoins are going to lead the next phase of the crypto market pump. They include ONDO, LINK, ZORA, and PENGU. In his latest , the analyst laid out the specific reasons why he believes these four tokens are set to outperform the rest of the market.
First on the list is ONDO Finance, which the analyst described as the clear leader in the Real-World Assets (RWA) sector.
According to him, the RWA sector is strategically positioned to see the highest growth as a sub-category of crypto in the next few years. The analyst projected a 50x growth for the RWA sector in the next five years, with the ONDO native token at the forefront.
A perfect partner?
Next up is Chainlink, which he identified as a core holding because of its sheer versatility. According to him, Chainlink is a part of everything crypto, hence LINK’s unrelenting demand across the board. Chainlink is an Oracle, which allows it to connect other blockchains to the outside world, placing a significant demand on the protocol and its associated cryptocurrency.
Besides its technical attributes, Chainlink has announced the creation of a LINK strategic on-chain reserve, which would support the long-term growth and sustainability of the Chainlink network. The project plans to hold the tokens in the created reserve, and that has boosted retail investors’ confidence in the crypto token’s sustainability.
What a setup.
Meanwhile, a layer-2 blockchain built on Ethereum using the OP Stack is among the cryptocurrencies the analyst believes will lead the next altcoin pump. He considers ZORA token’s design to empower digital creators a crucial factor that will support the crypto token’s adoption.
The newly launched digital asset has already surged over 1,700% since July, and the analyst thinks its utility within the content-creating ecosystem will boost its adoption and growth in the future.
PENGU, the native coin of the Pudgy Penguins ecosystem, completed the analyst’s list of four altcoins with the potential to lead the next crypto market pump. Despite its speculative nature and potential for high volatility, the analyst thinks PENGU is positioned for a significant rally.
Though a memecoin, the Pudgy Penguins creators have taken the project’s identity beyond the crypto ecosystem. Pudgy Pengins-branded physical items are available in retail stores alongside an NFT collection within the crypto space. The digital asset’s growing awareness remains an underlying factor that could boost its adoption and growth.
