These altcoins have done it earlier and are capable of doing it again in the 2024-25 bullrun. 

In this article, I will be talking about 10X 20X potential altcoins in this tier list. Let’s get started.

#1: Avalanche (AVAX)

My first pick today of this tier list is Avalanche and its AVAX token. And just to let you know, the token is up 110% in the last 30 days. But I am not getting into AVAX only because of this pump. AVAX is a layer 1 chain with fast and low-cost transactions.

Avalanche also offers good scalability. Furthermore, it’s EVM compatible. All this gives a good competitive advantage in the coming bullrun. The platform works with three chains instead of one. All these three chains, handle different tasks. That’s why the platform is so efficient:

  • This is, for example, good for gaming in Avalanche. 
  • In DeFi it’s also doing well. Avalanche takes the 7th spot of all chains measured by TVL. For example, the Trader Joe DEX started on Avalanche. 
  • It also has an extensive NFT scene. Currently, the Castle Crush collection has the highest trading volume. Dokyo seems to be their blue-chip NFT.

Avalanche is currently making waves. Since 17th November, daily transactions went from 1 million to 3 million. AVAX has also been doing great recently.  Avalanche also burns all transaction fees, so it’s deflationary. The current AVAX price is $20.03. That’s up 5% for the day. 

However, during the last 14 days, it was up by 79.9%. For the last 30 days, it’s even better, with 142.6% up. 8 That is still 85% down from its ATH of $144.96 in November 2021. To get back there is a 7x, and I expect it to do better.

#2: Chainlink (LINK)

Chainlink has been on fire recently. That’s why it’s my second pick on this tier list. I will get back to being on fire shortly. First, for those who didn’t know this, Chainlink is an oracle. It’s by far the most successful and used oracle in the crypto space, to date.

The crypto space is in dire need of oracles. The reason is simple. Blockchains can’t communicate with our real-life world. So, oracles provide all the real-time information to blockchains. For example, sports results, weather information, or how about crypto prices? July saw the launch of their Cross-Chain Interoperability Protocol (CCIP). This is a simple interface that connects dApps and web3 entrepreneurs, cross-chain.

The current price of LINK is $14.08. That’s 6.3% up for the day. Over the last 30 days, LINK is up by 96.4%. For a year, LINK saw sideways action between $6 and $8. A recent top was $16.26, so a 2x. Its current ATH is $52.70 from May 2021. That’s another 3.5x from here. I can see LINK breaking out big time during this bull run.

#3: Arweave (AR)

Arweave is all about data storage. And, oh boy, do we ever need that nowadays. We create 328.77 million terabytes of data per day. Now, in all fairness, not all this data requires storage, but a lot of it does. You know what is interesting, this is only scratching the surface. Data usage will only increase over the coming years.

So, anybody offering data storage is in for a ride. Now, Arweave is not the only platform offering data storage. However, it has a few unique features that make it stand out. For example, it offers,

Data storage for 200 years. This is their permanent storage solution and has a one-time fee. It’s part of their Permaweb. For instance, Avalanche, Solana, Cosmos, or Polkadot, store their blockchain data on Arweave.

The current price of AR is $7.68, which is up 9% for the day. Over the last 14 days, that was 34%. Make that 126.5% over the last 30 days. Still, over the last year, it’s still 13.1% down and its ATH was at $89.24. 6 That’s 90% down. To get back to its ATH, AR needs a 10x. I think it will do much better than that. So, start counting.

#4: Celestia (TIA)

Celestia is my last pick for today on this tier list. It recently arrived with a big bang on the crypto scene.  With its mainnet launch on 31st October, there was also an airdrop. The TIA token started out with some sideways action above $2.3. However, ever since, it has seen an uptrend. It reached its current ATH only a couple of days ago, at $7.33. So, that airdrop doubled if you managed to hold on to it.

But that’s not all, Celestia has a good narrative and fundamentals. It’s ready for much more uptrend in the future. Celestia’s journey has just started. That’s another reason why it fits in today’s altcoins list.

It calls itself the first modular network. In other words, it only offers consensus and data availability.  A moment ago, we already saw with Arweave how important data is. So, now developers have the perfect platform to build their own blockchains. Celestia offers the infrastructure for them.

It calls the Cosmos Hub its home. In case you missed it, the Cosmos Hub is absolutely on fire. Projects like:

  • Injective (871% up in 1 year).
  • Akash (770% up in 1 year).
  • Kujira (385% up in 1 year).

They are all doing great. Celestia easily slots in with 197% up in only 14 days.

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by BYDFi. Copyright Altcoin Buzz Pte Ltd.

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