Deutscher Reveals Top Altcoins That Can Be Up for Substantial Gains in Future

As the crypto world evolves altcoins are becoming a force to reckon with. This is happening in the face of the latest bullish sentiments in Bitcoin

Cryptocurrency markets are witnessing a dynamic shift with the rise of alternative cryptocurrencies (altcoins) to bitcoin. This development comes amid the latest bullish sentiments in bitcoin, showcasing the digital asset’s strength. In light of this volatility, crypto analyst Miles Deutscher has identified four promising altcoin tokens poised for substantial gains in the future.

The selected tokens include Render (RNDR), Bittensor (TAO), SuperVerse (SUPER), and Mantra (OM), each representing key crypto narratives.

Real-World Assets (RWA)

DePIN (Decentralized Physical Infrastructure Networks)

AI and GameFi - SUPER, a gaming token, leads Deutscher's list as it has seen a 70% increase since his September recommendation. This surge is attributed to the token's utility in the gaming industry.

The crypto token capitalizes on the burgeoning GameFi sector, which is driven by strong community support and the integration of play-to-earn models and NFTs. As this trend continues to gain traction, SUPER's position in the market is likely to strengthen further.

On the other hand, TAO plays a pivotal role in the AI narrative, both within and outside the crypto ecosystem. Currently priced at $632.46, Bittensor has experienced consistent growth recently, making it a worthwhile recommendation for investors to bank on during buying dips.

RWA tokenization is a emerging trend, with prominent figures like BlackRock's Larry Fink highlighting its importance.

"We have the technology to tokenize today… This eliminates all corruption by having a tokenized system," Fink stated in a recent interview with Fortune. Mantra's strategic position in this niche could drive long-term growth.

DePIN projects, such as Render (RNDR), offer decentralized GPU computing power with applications in AI and high-performance computing. Its current technical setup suggests the potential for significant near-term gains.

Deutscher’s chosen altcoin aligns with the broader trend in the crypto market, which shows a 42% and 37% increase in the trading volume of AI and GameFi-related tokens respectively in Q3 2023 compared to Q2.

Additionally, CoinGecko data shows that the RWA token sector has grown by 112% in market capitalization over the past six months. Thus, this altcoin selection shows how crucial narrative-driven investments are in the crypto world.

As CoinShares’ Chief Strategy Officer Meltem Demirors said "Narratives are powerful drivers in crypto markets, often preceding and amplifying price movements."

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