Grayscale Reveals 35 Altcoins Under Consideration for Investment Product
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.
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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