Grayscale Reveals 35 Altcoins Under Consideration for Investment Product
Trending Articles- Nearly $2 Billion Wiped Out in Crypto Liquidations Amid Brutal Sell-Off
- Gold Price Forecast: XAU/USD edges higher above $4,100 ahead of delayed US September NFP report
- Whale Dump Meets Quantum Panic: Bitcoin Slips to $86,000 and Blows $220 Million Longs
- Gold Price Forecast: XAU/USD rises to near $4,150 as Fed rate cut bets grow
- 2025 Black Friday is coming! Which stocks may see volatility?
- Fed Officials Speak Out in Force to Back Rate Cut! December Cut Now a Done Deal? Will the FOMC Meeting Be Delayed?
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 Sector | Assets Under Consideration |
|---|---|
| Currencies | Kaspa (KAS) |
| Smart Contract Platforms | Aptos (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) | |
| Financials | Aerodrome (AERO) |
| Ethena (ENA) | |
| Injective Protocol (INJ) | |
| Jupiter (JUP) | |
| Mantra (OM) | |
| Ondo Finance (ONDO) | |
| Pendle (PENDLE) | |
| THORChain (RUNE) | |
| Consumer & Culture | Dogecoin (DOGE) |
| Immutable (IMX) | |
| Utilities & Services | Akash (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.
Read more
* 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.
