Although the course of events in the cryptocurrency market has not been encouraging in recent days, analysts maintain their upward expectations for the third quarter of 2024 and beyond.
At this point, Grayscale, the world's largest crypto asset management company, commented on the developments in the cryptocurrency world and published a report.
Listing the top 20 tokens to follow in the 3rd Quarter of 2024, the Grayscale Research team placed Bitcoin and Ethereum in the first two places on the list.
Expecting 20 cryptocurrencies, including BTC and ETH, to come to the fore in the 3rd quarter of 2024, Graysacle highlighted artificial intelligence tokens among these altcoins.
Referring to the spot Ethereum ETFs, which are expected to start trading in the near future, the company wrote that it expects growth in the ETH ecosystem with the ETF approval.
“If spot ETH approval spurs interest and adoption in Ethereum, increased activity and valuation support for certain Layer 2 tokens (e.g., Mantle), Ethereum DeFi protocols (e.g., Uniswap, Maker, and Aave), and other assets central to operation We can also see.
Here is Grayscale's Top 20 List!
Grayscale analysts announced the tokens in Grayscale's Top 20 list to highlight tokens with high potential in the cryptocurrency industry.
Accordingly, the following were included in Grayscale's Top 20 List.
“The Grayscale Research team expects the AI theme to remain important and cryptocurrency markets to focus heavily on the Ethereum ecosystem in the third quarter of 2024 due to the possibility of spot ETH ETF approval.
Bitcoin (BTC) Ethereum (ETH) Solana (SOL) Toncoin (TON) Chainlink (LINK) Uniswap (UNI) Near (NEAR) Render (RNDR) Stacks (STX) Mantle (MNT) Maker (MKR) Lido (LDO) Arweave ( AR) Thorchain (RUNE) Aave (AAVE) Pendle (PENDLE) Akash (AKT) Illuvium (ILV) Raydium (RAY) Aerodrome (AERO)”
The @Grayscale Research team recently dug into #Crypto Sectors performance and announced their Top 20 tokens for Q3 2024. 🧵 (1/6)
— Grayscale (@Grayscale) June 27, 2024
*This is not investment advice.
