Categories: Analysis

7 Cryptos That Will Outperform Bitcoin’s Returns In This Bull Market

Bitcoin (BTC USD) was the king of the crypto markets, leading every bull market and capturing the lion’s share of investment funds. It is no surprise that the original cryptocurrency has once again reached new heights with the recent approval of Bitcoin spot ETFs.

However, people who have experienced previous bull markets know that the real action often lies beyond Bitcoin. In every bull market, an “alt season” emerges in which altcoins – cryptocurrencies other than Bitcoin – experience explosive growth and deliver incredible returns. This off-season typically follows a few months after Bitcoin’s dominance, as profits from Bitcoin flow into these alternative projects.

Of course, this bull run is a little different and begins before the highly anticipated Bitcoin halving. Nevertheless, I strongly believe that many altcoins will reach all-time highs this year. Carefully selecting a portfolio of such altcoins can result in significantly higher percentage profits than BTC. Let’s take a look!

Bittensor (TAO-USD)

Source: Vit-Mar / Shutterstock.com

Request sor (TAO-USD) has become one of the most bullish crypto projects in recent months, and for good reason. The token has risen from under $50 to over $730 in just five short months – an astonishing rise that is hard to ignore. Although TAO price has currently cooled to around $530, I believe this represents a fantastic buying opportunity before the next big rise.

Why am I so optimistic about Bittensor? First of all, the project focuses on machine learning – an area of ​​AI that is currently hot. Bittensor enables ML models to train together and rewards them in the TAO based on the value they provide. Essentially, this creates an open marketplace for AI products that could be absolutely huge. Even after the recent decline, Bittensor can still boast a strong plus Market cap of $3.6 billion. But given the potential here, I think there’s a lot of scope for TAO.

While we’re probably in the middle of a meme coin season right now, I expect fundamentally solid projects like Bittensor to really shine once this hype dies down. AI-related cryptos have been consolidating recently after posting huge gains, but I don’t think the slowdown will last long. $1,000 per TAO token doesn’t seem unreasonable to me in the coming months. If, like me, you believe in the long-term promise of AI and machine learning, Bittensor deserves serious consideration for your portfolio.

Tatsu (TAT-USD)

Source: Alongkorn Sanguansook/Shutterstock

Tatsu (TAT-USD) is a fascinating new player in the crypto space that aims to merge the worlds of decentralization and machine learning to enable advanced applications. While the concept is undoubtedly exciting, I have to admit that I’m a little more cautious about Tatsu compared to my other favorites.

In the past week alone, Tatsu’s token price has plunged 27%, erasing much of its recent gains. Plus, with one Market cap of just $25 millionTatsu is clearly in the small cap space – and as we all know, volatility can skyrocket quite dramatically in these types of games.

That being said, I wouldn’t discount Tatsu just yet. The project’s goal of creating an open ecosystem where developers can collaboratively build and monetize machine learning capabilities is certainly promising.

However, since Tatsu is only listed on the Mexc exchange, it is likely that most of the gains are still ahead. Due to the wild price fluctuations, in my opinion it is the riskiest bet of all. However, if you plan it right, Tatsu could still produce some outsized returns.

Golem (GLM-USD)

Source: Marko Aliaksandr/ShutterStock.com

Render tokens (RNDR USD) has been the talk of cloud GPU services lately. But in my opinion this is open source Golem (GLM-USD) still offers 10x the potential with its smaller one Market cap of $590 million. It has almost quadrupled since I first wrote about it.

Why do I prefer Golem? The goal is to become THE decentralized marketplace for unused computing resources, similar to what Render does. But Golem’s rating is only a fraction of that Render costs $4.3 billionand it has negligible token inflation compared to Render. As decentralized computing gains traction in industries like VFX, machine learning, and more, I believe open source innovators like Golem are positioned to drive this growth in a far more sustainable way over the long term.

I’ve been following both Render and Golem closely for over a year. When I first wrote about it, RNDR was trading at about $1.8 and GLM was trading at about 20 cents.

I don’t think the party is over yet, especially for Golem. Its decentralized structure is, in my opinion, a huge advantage over corporate-backed rendering. And with a much smaller market cap, Golem simply has a lot more room to run.

Xend Finance (RWA-USD)

Source: Shutterstock.com/ex_artist

Xend Finance (RWA-USD) has broken out significantly recently, with the cryptocurrency up 21% in the last 24 hours and an impressive 150% in the last week as I write this. While its $40 million market cap is still relatively small, I believe Xend has tremendous potential for further upside due to its approach to tokenizing real-world assets.

What started as a credit union-inspired DeFi platform has evolved into one Project that bridges traditional finance and decentralized finance. Xend tokenizes tangible assets such as real estate, art, stocks and intellectual property. Its existing ecosystem offers services such as “yield aggregation, fiat on-ramps, multi-chain wallets and infrastructure” that allow users to own partial ownership of these assets via the blockchain.

Myro (MYRO-USD)

Source: Shutterstock.com/Lemonsoup14

The Solana (SOL USD)-based dog-themed meme coin Myro (MYRO-USD) has cooled off a bit recently, but I think it can get a significant boost with the increasing popularity of both Dogecoin (DOGE-USD) and the Solana blockchain itself. Solana is up over 800% in the last six months alone, and I’m confident its momentum will continue as more developers migrate from there Ethereum (ETH-USD) expensive ecosystem to the faster, cheaper Solana network. This transition should undoubtedly benefit projects like Myro that operate on Solana.

Additionally, the recent meme coin mania that saw Dogecoin surge above 22 cents could provide a tailwind for Myro Dog-themed branding and association with this cultural phenomenon. What makes me particularly optimistic, however, is the fact that Myro has undergone a strong correction and is starting to steadily recover. With a Market cap of $232 million, there is plenty of room for growth. Notably, over 94.4% of Myro’s maximum token supply is already in circulation – a rarity among meme coins that can attract investors in search of outsized profits without worrying about excessive future dilution .

ATOR Protocol (ATOR-USD)

Source: Shutterstock.com/Monster Ztudio

Ator protocol (ATOR USD) is a crypto project that I already reported on in mid-July last year, when it cost around 35 cents. It has risen significantly since then, although a significant correction in November saw it fall from $2 to 60 cents. However, the price appears to be turning around again as Ator is trading at around $2.90 at the time of writing and may be close to breaking above its recent all-time high of $3.50.

What exactly is the Ator Protocol? It aims to “strengthen and incentivize the Onion Router (Tor) network through on-chain rewards and enable broader adoption of secure relay protocols across hardware products.” Specifically, it contributes to the existing Tor in three important ways. network. According to his CoinMarketCapIt is:

  • Providing a framework for existing Tor relays to earn ATOR cryptocurrency rewards based on their cumulative uptime through a proof-of-uptime mechanism.
  • Introducing the ATOR Router Hotspot, a handheld device that allows users to route all web traffic through Tor without scripts by connecting devices over Wi-Fi.
  • Introducing ATOR Relay, a proprietary version of Tor Relay designed for routing and interoperability with the ATOR Proof-of-Uptime framework, allowing non-technical users to mine ATOR while contributing to web anonymity.

Dogecoin (DOGE-USD)

Source: Golden Dayz / Shutterstock.com

As mentioned in the Myro segment, meme cryptos are getting a lot of attention lately, and Dogecoin, the most iconic and influential of them all, has surged to 22 cents. However, I believe there is significant further upside potential here once the overall altcoin season really gets going.

What sets Dogecoin apart is its support from influential figures like Elon Musk, whose tweets have previously pushed the token higher – a dynamic that could repeat itself given the current crypto hype cycle. The Dogecoin team also has some interesting roadmap plans that, if implemented well, can help push the price further.

As a leader of the meme coin pack, I believe Dogecoin can surpass its previous all-time high this cycle as speculative enthusiasm for cryptocurrencies increases.

At the time of publication, Omor Ibne Ehsan did not hold, directly or indirectly, any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author and are subject to InvestorPlace.com’s publication policies.

Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor focused on growth and cyclical stocks with strong fundamentals, value and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can keep following him LinkedIn.

David Brooks

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