Bittime - When a well-known crypto expert with more than 90,000 followers shares his top crypto picks, investors pay close attention.
One such expert is Layergg, known for its in-depth analysis and useful predictions.
In a tweet on Twitter on the X date, he outlined six crypto assets worth paying attention to in April 2024.
Jito (JTO)
sumber: @layerggofficial
Among the new projects popping up in the Solana ecosystem, Jito caught Layergg's attention as the most underrated.
Quoted from captainaltcoin, he likened it to a combination of Lido and Flashbots, placing it as one of the best liquid staking tokens on Solana.
This month, several other Solana tokens such as Wormhole, Parcl, Zeus Network, Kamino Finance, Ionet, Tensor, and Drift Protocol are also preparing to launch.
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Ethena (ENA)
Ethena Labs' high earnings from sUSDe caught the attention of Layergg, who likened it to the Anchor x Luna phenomenon of the past.
Layergg predicts that Ethena will continue to grow rapidly, driven by promotion from Arthur Hayes and other influencers.
Layergg also suggested that Ethena add BTC as collateral to accelerate the increase in total value locked (TVL) and increase the price of the ENA token.
Also read: Before the Bitcoin Halving, check out these top 3 meme coins that are currently on the rise
Biconomy (BICO)
Large companies such as JPMorgan and Mercedes Benz have adopted Biconomy solutions. Recent strategic funding from Jump Capital and Manifold Trading shows investor confidence in the market potential of Biconomy tokens. Although still relatively new, Biconomy has high relevance to real-world asset tokenization.
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Pendle (PENDLE)
Pendle Finance's tokenized product, considered the best representation of EigenBeta Eigenlayer, has generated significant profits and triggered FOMO (Fear of Missing Out) among investors.
This pushed Total Value Locked (TVL) and trading volume to new record highs every day.
It is expected that there will be a wave of new project token launches such as Zircuit, Renzo, Puffer, Kelp, Swell, and BedRock.
Also read: Dogwifhat (WIF) Increases More than 70%, Reaches IDR 70,000: Can It Reach IDR 140,000?
Sui (SUI)
The first global Sui conference, Sui Basecamp, held April 10-11, 2024, attracted the attention of many.
The event was attended by major players in the blockchain industry, including a16z, Visa, VanEck, and Red Bull.
Their presence sparked rumors about a possible announcement of an important catalyst that would have a significant impact on Sui's development, like Aptos before it.
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Terra (LUNA)
The verdict on the Do Kwon case is predicted to come down in April. Positive results or the return of Kwon's activity on Twitter are predicted to encourage LUNA prices to increase.
Conclusion
Although analysts like Layergg provide valuable predictions, investors are still urged to conduct their own research before investing.
The crypto market is still volatile and difficult to predict. However, April looks set to be an interesting month with varying narratives across the industry.
How to Buy Crypto from Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
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Bitwise CIO,Exposure to Ethereum DeFi: Opportunities and Prospects
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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