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Cryptocurrency News Articles

Top 8 Picks of the Week From Crypto Expert Ben Armstrong

Sep 30, 2024 at 08:26 pm

Crypto expert Ben Armstrong, aka “BitBoy Crypto,” highlights 8 key cryptocurrencies to watch during this bull season, targeting a potential $16 trillion market.

Top 8 Picks of the Week From Crypto Expert Ben Armstrong

Crypto influencer Ben Armstrong, known as “BitBoy Crypto,” has shared his top 8 crypto picks for this bull season, aiming for a potential $16 trillion market. He highlights the importance of staying up-to-date with the latest trends and being open to new data, as successful traders adapt to the changing market dynamics.

His picks include a mix of established giants, institutional favorites, and promising AI-driven projects, each offering unique growth potential in different sectors of the crypto market.

Here's a closer look at each pick:

1. XRP

BitBoy believes XRP is set to lead this cycle, especially with the ongoing SEC lawsuit nearing resolution. Favorable legal outcomes could pave the way for Ripple's potential IPO and ETF approval, which may trigger a massive wealth transfer similar to XRP's 2017 bull run. XRP is currently trading at $0.6237.

2. Ondo Finance (ONDO)

BlackRock's chosen instrument for tokenizing U.S. treasuries on-chain, Ondo is positioned to dominate the real-world asset (RWA) space. BitBoy highlights the vast potential in this sector, which is expected to reach $16 trillion by 2030, making Ondo a major player in the coming years.

3. PYTH

PYTH is the Oracle platform that could potentially rival Chainlink, offering an alternative solution in the decentralized data space. BitBoy sees this as one of the most promising competitors in the market. Following Binance's announcement that Pyth Network's PYTH token had been listed with the Seed Tag applied, Pyth saw a 25% increase, closing above $0.5.

4. SUI

Likened to the “Solana of this cycle,” Sui has strong backing from Franklin Templeton and is rapidly expanding its ecosystem. With its high-speed transactions and solid institutional support, Sui is a blockchain to watch.

5. Render

Dubbed the “Nvidia of crypto,” Render focuses on decentralized physical infrastructure and has caught the attention of major players like Apple. BitBoy points out that Render is uniquely positioned to dominate the space between AI and the metaverse, making it a multi-use platform with vast potential. Render has surged over 23% this past week, and on-chain data reveals that big players are still snapping it up!

6. Lamden (TAU)

One of the leading AI projects in the crypto space, Lamden (TAU) has shown strength even in the current market. BitBoy believes its innovative tech and strong market presence make it a key player in the upcoming bull run. Lamden (TAU) is currently priced at $0.04, offering a low entry point for potential investors.

7. ASI (Artificial Super Intelligence Alliance)

A merger of Fetch.ai, Ocean Protocol, and AGIX, ASI brings together three powerful AI projects under one token. BitBoy sees this as a game-changing move that could consolidate market share and drive growth in the AI sector.

8. NLX

BitBoy's lower-market-cap pick within the Solana ecosystem, NLX offers massive upside potential. Despite its current smaller size, its involvement in the Solana ecosystem positions it for big gains in the future.

Original source:coinpedia

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