Grayscale Reveals 35 Altcoins Under Consideration for Investment Product

Beincrypto
Updated
Tony
coverImg
Source: DepositPhotos

Grayscale has recently unveiled a list of altcoins that may soon become part of the company’s investment products.


The investment community often views Grayscale’s candidates as a reference point for building their portfolios.


Grayscale’s Potential Candidates for Q4

According to an official announcement, Grayscale is reviewing 35 altcoins for possible inclusion in its future investment products. These altcoins are categorized into five groups: Currencies, Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services.

Read more: Top Potential Cryptocurrencies in 2024

“Assets Under Consideration lists digital assets not currently included in a Grayscale investment product but identified by our team as possible candidates for inclusion in a future product,” Grayscale explained.


Grayscale Crypto SectorAssets Under Consideration
CurrenciesKaspa (KAS)
Smart Contract PlatformsAptos (APT)
Arbitrum (ARB)
Celestia (TIA)
Celo (CELO)
Core (CORE)
Cosmos (ATOM)
Internet Computer (ICP)
Mantle (MNT)
Metis (METIS)
Neon (NEON)*
Optimism (OP)
Polygon (POL ex. MATIC)
Sei (SEI)
Starknet (STRK)
Toncoin (TON)
TRON (TRX)
FinancialsAerodrome (AERO)
Ethena (ENA)
Injective Protocol (INJ)
Jupiter (JUP)
Mantra (OM)
Ondo Finance (ONDO)
Pendle (PENDLE)
THORChain (RUNE)
Consumer & CultureDogecoin (DOGE)
Immutable (IMX)
Utilities & ServicesAkash (AKT)
Arweave (AR)
Artificial Superintelligence Alliance (FET)
Helium (HNT)
Pyth (PYTH)
UMA Project (UMA)
VeChain (VET)
Worldcoin (WLD)



Additionally, Grayscale noted that this list could change each quarter depending on the re-evaluation of these projects.


Recently, Grayscale also revealed a list of 20 altcoins with high potential for Q4 2024. This list includes six new names compared to Q3, such as Optimism (OP), Sui (SUI), Bittensor (TAO), Celo (CELO), UMA Protocol (UMA), and Helium (HNT). The addition of these new names reflects Grayscale’s focus on areas like AI, DePin, and the prediction markets.


The asset manager launched Grayscale SUI Trust in August. This altcoin has surged by nearly 300% since then, increasing by 46% in October, and recently hit a new high of $2.36.


Founded in 2013, Grayscale Investments currently manages over $20 billion worth of digital assets.

* The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

goTop
quote
Do you find this article useful?
Related Articles
placeholder
House GOP announces crypto week in Mid-July to review key billsThe US House GOP has designated the week of July 14 as "Crypto Week" to focus on key cryptocurrency legislation.
Author  Cryptopolitan
0 mins ago
The US House GOP has designated the week of July 14 as "Crypto Week" to focus on key cryptocurrency legislation.
placeholder
XRP Price Can Still Cross $3, But It Needs To Hold This Level Against BearsXRP’s recent rally to $2.30 has been followed by a cooling-off period, with the price falling back to $2.18 after slipping below the short-lived $2.25 support. Although this pullback might raise concern, it comes on the back of a week-long steady increase that took XRP from $1.93 early last week back to the $2.33 resistance […]
Author  Bitcoinist
0 mins ago
XRP’s recent rally to $2.30 has been followed by a cooling-off period, with the price falling back to $2.18 after slipping below the short-lived $2.25 support. Although this pullback might raise concern, it comes on the back of a week-long steady increase that took XRP from $1.93 early last week back to the $2.33 resistance […]
placeholder
Solana’s first spot staking ETF launched with $33 million in trading volumeSolana’s first spot staking ETF launched with $33 million in trading volume on its debut day.
Author  Cryptopolitan
18 hours ago
Solana’s first spot staking ETF launched with $33 million in trading volume on its debut day.
placeholder
Cardano Price Forecast: ADA recovery holds steady despite SEC halt on Grayscale GDLC approvalCardano (ADA) price is holding steady near $0.58 at the time of writing on Thursday after rebounding nearly 8% in the previous session.
Author  FXStreet
19 hours ago
Cardano (ADA) price is holding steady near $0.58 at the time of writing on Thursday after rebounding nearly 8% in the previous session.
placeholder
Ethereum Price Pops Above $2,550 — Can It Avoid a Quick Reversal?ETH is now back above $2,550 and struggling to clear the $2,620 barrier.
Author  NewsBTC
21 hours ago
ETH is now back above $2,550 and struggling to clear the $2,620 barrier.