Cryptocurrency analysis company Layergg shared its predictions for altcoins and projects that can be listed on Coinbase in 2024.
COIN stock price continues to perform well, with several factors contributing to this performance, including the Bitcoin Spot ETF and Binance’s Guilty Plea. As Binance’s trading volume declines and is distributed to other exchanges, Coinbase’s stock price could be perceived as a “crypto” index by traditional financial investors, potentially triggering inflows into the crypto market, analysts say.
According to Layergg, one project to watch is Seamless Protocol, which was recently listed on Coinbase. Seamless’ development partner, Seashell, received an investment from Coinbase Ventures last year. This example is reminiscent of the ACE, NFP and AI listings that Binance has recently invested in and incubated.
According to analysts, in 2024, projects that are part of the Base ecosystem and funded by Coinbase Ventures are likely to be listed on Coinbase. These include the following projects:
- DeFi: Moonwell, Maverick Protocol, Ondo Finance, Stargate, Slingshot, Definitive Finance, Reserve Protocol
- Infrastructure Area: Covalent, Supra, LayerZero, Cymbal.xyz, Safe, Bungee, Wormhole
- Social Area: Blackbird
- Blockchain Layers: zkLink
- Stablecoin: Mountain Protocol
Coinbase recently released its 2024 Crypto Market Outlook, which includes picking the winners of the cryptocurrency industry. According to analysts, the projects mentioned in the report are likely to be successful. Additionally, the projects mentioned in Coinbase’s publications so far also had the potential to be listed. These projects include:
Layer 1/Layer 2: Blast, zkSync, Eclipse, dYdX, Beam
Decentralized Physical Infrastructure Networks (DePIN): Akash Network, Hivemapper
*This is not investment advice.
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