Analyst Matt's Crypto has revealed the top 12 altcoins with the potential for high returns. Despite facing a significant economic downturn in the past 24 hours, Matt remains optimistic, citing historical market trends. Here is a list of his altcoins that gained almost 100x.
Solana: Matt said Solana's popularity in trading meme coins has positioned it as a front-runner and could skyrocket to $700 or even $800 to $1,000 by the end of the year.
avalanche: Matt explained the appeal of Avalanche because many games are built on the platform and Amazon also partners with the network. He sees this as a potential gaming blockchain.
Chain link: Described as an “undervalued dark horse” in the cryptocurrency market, Chainlink serves as an oracle to verify the prices of other blockchains and is expected to be integrated into mainstream finance alongside CCIP.
polygon: According to Matt, as one of the first and largest Layer 2 solutions for Ethereum, Polygon offers scalability and low transaction fees, making it an essential part of any portfolio.
Ruling: Matt believes that Arbitrum, another Ethereum layer 2 solution, is a promising investment given its role in addressing Ethereum's scalability issues.
give: As the AI story gains momentum, Render has emerged as a likely candidate. Matt foresees great potential for Render given his role in the AI field.
fetch.ai: Fetch.ai is positioned alongside Render and is touted as having “ridiculously high potential” for its relevance to AI stories.
Single word: As a Cosmos ecosystem effort, Injective was praised by Matt for its potential, especially after experiencing a price drop below $30, leading to a purchase opportunity.
Celestia: Celestia, another Cosmos ecosystem token, offers staking opportunities and has recently fallen in price, making it an attractive investment option.
