Base Chain’s 5 Altcoins Aiming for 100x Growth by 2024
Cryptocurrency analyst Cryptoreon has set the crypto community abuzz with his prediction of a potential 100x growth for five Base Chain crypto altcoins by 2024. In a recent video, Cryptoreon delved into the transformative impact of the partnership between Blackrock, a major investment management corporation, and Coinbase, a leading cryptocurrency exchange, on the Base Ecosystem.
The strategic alliance between Blackrock and Coinbase represents more than just a union of two industry giants; it heralds a new era of investment and innovation in the crypto sphere. With Blackrock’s investment, attention towards altcoins on the Base Chain is expected to surge, opening up significant opportunities for investors.
Cryptoreon highlighted five Base Chain crypto altcoins with promising growth potential:
1. Aerodrome: Aerodrome is a next-generation Automated Market Maker that leverages the Velodrome v2 tech stack. It introduces novel features like concentrated liquidity, automated voting, and a unique NFT Marketplace.
2. Grand Base: Grand Base aims to tackle liquidity issues in tokenized assets by acting as the gateway to all types of tokenized assets on the blockchain. By enabling users to mint tokens representing tangible assets and providing decentralized liquidity, Grand Base aims to revolutionize asset tokenization on the Base Chain.
3. Virtual Protocol: Virtual Protocol incentivizes the creation and monetization of AI personas for virtual interactions, offering token rewards to contributors. With its modular consensus framework and focus on human alignment, Virtual Protocol aims to foster the development of transparent and harmonious AI through its protocol.
4. Toshi: Originally a meme coin, Toshi is transitioning into a DeFi protocol integrated with Coinbase. It offers utilities such as Liquidity & Token Locker dApp and MultiSender dApp, boosting the functionality of the Base ecosystem while generating sustainable revenue streams.
5. Degen: Degen, a unique layer 3 meme coin, has evolved into a vital protocol within the Base Chain. Its recent development of Degen Chain, a layer-3 blockchain facilitating various transactions, has garnered attention and transaction volume, potentially leading to significant growth.
In conclusion, the collaboration between Blackrock and Coinbase has sparked anticipation within the crypto community, with Cryptoreon predicting substantial growth for these five Base Chain crypto altcoins. As attention and investment continue to pour into the Base Ecosystem, these altcoins present attractive prospects for investors seeking to capitalize on the crypto market’s potential.