Cardano, Avalanche, and Bitcoin Runes: Investor’s Top Crypto Picks for 2024

Published 29/05/2024, 10:22
© Reuters Cardano, Avalanche, and Bitcoin Runes: Investor’s Top Crypto Picks for 2024
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Coin Edition -

  • Investor sees Cardano as breakout candidate
  • Avalanche outperforms with strong marketing
  • Bitcoin Runes and Coinbase’s Base attract attention

An investor is eyeing Cardano as a potential standout in the next bull market, drawing parallels to its impressive performance during the last crypto rally. Highlighting Cardano’s unique security features, which combine the strengths of Bitcoin and Ethereum, and the anticipated native token listings on major exchanges, he sees significant upside potential.

For Avalanche, the investor notes its recent outperformance to Cardano. He’s drawn to Avalanche’s consensus mechanism and the active marketing push by its president, John Wu. The investor believes these factors could propel Avalanche further ahead in the coming bull market.

Bitcoin’s recent integration of native tokens, known as “Bitcoin Runes,” has also captured the investor’s attention. He identifies significant potential in the growth of this new ecosystem, particularly highlighting a meme coin called “DOG” built on the Bitcoin protocol.

Coinbase’s Layer-2 network, Base, is another exciting prospect for the investor. He’s impressed by Base’s upcoming marketing campaign targeting a billion users, its dominance in the social finance (SocialFi) space, and its potential to attract meme tokens similar to Solana’s success.

While acknowledging the inherent risks involved in any investment, the investor feels confident at his picks. He plans to delve deeper into each of these projects in future videos, offering viewers a comprehensive analysis of his bullish crypto portfolio for the approaching altcoin season.

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