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Grayscale Reveals 35 Altcoins Under Consideration for Investment Product

Grayscale Reveals 35 Altcoins Under Consideration for Investment Product

BeInCryptoBeInCrypto2024/10/14 07:25
By:BeInCrypto

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 .

Read more: Best Investment Apps in 2024

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.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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