Recently, Grayscale released its top 20 cryptocurrencies with high financial growth potential. This list gives us some interesting insights for the upcoming bullrun.
Grayscale what is it? It’s a company founded in 2013 by Barry Silbert. They run a large investment fund for wealthy investors. The group has more than 40 billion assets under management. It is therefore a major player in the world of cryptocurrencies.
What are the high-potential cryptocurrencies according to grayscale(Q4 24)?
Not surprisingly, 'infrastructure' assets make up half of this top 20. However, this does not prevent Bitcoin from remaining at the top of this ranking. Crypto AI also makes their entrance in force. Despite a big hype in 2021, Decentralized finance tokens occupy only 25% of this top. It should also be noted that some crypto benefiting from a large market cap and being among the best valuations in the market are not part of this top. This is the case for example of TRX, DOGE, ADA, XRP, AVAX, SHIB, BCH, DOT and LEO. This does not mean that these cryptocurrencies will not evolve, it simply means that grayscale does not bet on such a large increase for its assets. Considering the evolution of its various cryptocurrencies over the last few years, it is likely that Grayscale does not make any mistakes about them.
In a few months, we will see if the company has seen right, the increase in volume of buyers could in some cases create FOMO movements that could counter this forecast. International and US news could also steer the market, although today the adoption of cryptocurrencies seems to be a matter of time and no longer an ideological issue. This new perspective opens up bullish opportunities for long-term investors, however on three-month maturities, there is no guarantee of the Grayscale forecast.
