Based on market trends and the criteria of ABCD (AI, Blockchain, Cloud, Data), here is a list of potential coins to invest in during the Altcoin season 2024. These choices are categorized by their respective main sectors, based on technological development, level of application, and growth potential.
- AI (Artificial Intelligence)
Coin suggestion:
- Fetch.ai (FET):
• Potential: Providing decentralized infrastructure for AI solutions.
• Application: Self-sustaining AI ecosystem for transportation, energy, and finance.
• Recent performance: Sustainable growth, receiving significant attention from the community.
- SingularityNET (AGIX):
• Potential: A decentralized network for AI services, helping developers deploy AI securely.
• Application: Connect AI applications and development tools.
- Oraichain (ORAI):
• Potential: The first AI-focused blockchain, supporting reliable data and AI smart contracts.
• Application: Integrating AI into DeFi and NFT.
- Blockchain
Coin suggestion:
- Ethereum (ETH):
• Potential: The most popular Blockchain for DeFi and NFT.
• Application: The foundation layer for thousands of other blockchain projects.
• Strengths: Ethereum 2.0 improves speed and reduces transaction fees.
- Polygon (MATIC):
• Potential: Layer 2 scaling solution for Ethereum expansion.
• Application: Platform for low-cost dApps and NFTs.
- Celestia (TIA):
• Potential: Advanced modular Blockchain with superior scalability.
• Application: Building and deploying blockchains according to demand.
- Cloud Computing
Coin suggestion:
- Filecoin (FIL):
• Potential: Leading decentralized storage platform.
• Application: Store data securely at a lower cost than centralized services.
- Arweave (AR):
• Potential: Providing long-term data storage, no maintenance required.
• Application: Store documents and important files permanently.
- Akash Network (AKT):
• Potential: The decentralized cloud platform helps save costs.
• Application: Hosting decentralized applications with lower costs.
- Data (Data)
Coin suggestion:
- The Graph (GRT):
• Potential: Data indexing tool for blockchain.
• Application: Support DeFi and NFT by providing fast and efficient data.
- Ocean Protocol (OCEAN):
• Potential: Decentralized data marketplace.
• Application: Share and trade data securely.
3. Render Token (RNDR):
• Potential: Providing decentralized computing power.
• Application: Support for graphics, video, and AI fields.
Recommended investment portfolio according to ABCD
- AI: FET, AGIX, ORAI.
- Blockchain: ETH, MATIC, TIA.
- Cloud: FIL, AR, AKT.
- Data: GRT, OCEAN, RNDR.
Investment strategy
- Capital allocation:
• 40% into Blockchain (ETH, MATIC, TIA): Safety, fundamentals.
• 30% into AI (FET, AGIX, ORAI): High growth potential.
• 20% into Cloud (FIL, AR, AKT): Infrastructure support.
• 10% into Data (GRT, OCEAN, RNDR): An emerging field.
- Purchase time:
• Take advantage of market corrections to accumulate.
• Prioritize coins with medium and small market capitalization, high growth potential.
- Profit-taking strategy:
• Lock in profits when reaching 100%-200% profit on each coin.
• Transfer a portion to stablecoin (USDT, USDC) to preserve capital.
Conclusion
ABCD is not only a technology trend but also a long-term investment opportunity. With the explosion of the Altcoin season in 2024, choosing suitable coins for each field will help you maximize the advantage from the cryptocurrency market. Prepare a clear strategy and plan to optimize profits in this season.
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