With the growing interest in the cryptocurrency market, there is an expectation of a rise, possibly entering an alt season. However, finding truly profitable altcoins has become more challenging. This article examines three altcoins that have the potential to grow 10 times.
Ondo Finance ($ONDO)
The first altcoin that might grow 10x is Ondo Finance and its token $ONDO. Ondo is part of the Real World Assets (RWA) sector, which attracts significant attention. The Ondo team is discussing the future of digital asset regulation with the SEC. They also attract institutional investors due to their products backed by government bonds. The current total value locked (TVL) stands at $1 billion.
Sui Network ($SUI)
The second altcoin on our list is Sui Network and its ecosystem. At a recent conference in Dubai, Sui introduced the integration of the sBTC token, allowing Bitcoin to be utilized in the Sui DeFi sector. They also launched a new stablecoin, Game Dollar, designed for gaming. Sui's success is further evidenced by the high demand for their SuiPlay devices.
Plume Network ($PLUME)
The final altcoin is Plume Network, also in the RWA sector. Unlike Ondo, which targets institutional clients, Plume is focused on both organizations and retail customers. Plume is developing its own blockchain tailored to the specific requirements of tokenization. Key components of their project include Plume Passport, Arc, and Nexus.
Amid the rising cryptocurrency market, altcoins like Ondo Finance, Sui Network, and Plume Network have significant growth potential. Investors should carefully analyze opportunities and risks before making any investment decisions.