Crypto analyst Kyren, operating under the pseudonym noBScrypto, has identified two altcoins—Hedera (HBAR) and Internet Computer (ICP)—as potential gainers in 2024. Kyren’s analysis focuses on their ability to capitalize on trends in real-world asset tokenization, decentralized physical infrastructure networks (DePin), and AI integration. Despite prior setbacks, these altcoins are poised for future growth with their unique attributes.
Hedera (HBAR) aims to secure the internet with its decentralized infrastructure, enabling the development of specialized decentralized applications. While it hasn’t explicitly ventured into AI, the network’s efficiency, security, and low transaction fees create an environment conducive to AI applications and tokenizing physical assets.
Internet Computer (ICP) seeks to decentralize the traditional client-server model, supporting Web3 and rapid application deployment. Despite facing significant setbacks, ICP has the potential to serve as a robust mechanism for real-world asset tokenization.
Investors should take note of the untapped potential of these altcoins in integrating AI and tokenizing real-world assets. With progress in AI and RWA tokenization, significant growth is expected in 2024, aligning with Kyren’s positive outlook.