Crypto analyst, Kyren, has identified two promising altcoins—Hedera (HBAR) and Internet Computer (ICP)—that have the potential for significant growth in 2024. Kyren, operating under the pseudonym noBScrypto, believes these altcoins can capitalize on the trends in real-world asset tokenization, decentralized physical infrastructure networks (DePin), and AI integration.
Hedera, through its HBAR Coin, aims to secure the internet with its decentralized infrastructure. It hasn’t explicitly ventured into AI, but its high efficiency, security, and low transaction fees create a favorable environment for AI applications and tokenizing physical assets.
Internet Computer (ICP) aims to decentralize the traditional client-server model to support Web3. Despite facing setbacks, its architecture supports rapid application deployment and AI models. If efforts align, ICP could become a robust mechanism for real-world asset tokenization.
Investors should take note of Hedera’s ability to create secure decentralized applications and its compatibility with AI and tokenization applications. Additionally, Internet Computer supports fast applications and AI models, showing untapped potential in integrating AI and tokenizing real-world assets.
Kyren’s optimistic outlook aligns with the potential growth of these altcoins as they progress in AI and RWA tokenization.