In an exclusive video, Ran Neuner from Crypto Banter shared his top 12 high conviction altcoin picks for June 2024, emphasizing a strategic approach to navigating the anticipated massive altcoin run. Here’s a breakdown of the key projects and tokens mentioned:
1. Arweave (AR)
Topping Ran’s list is Arweave, a decentralized storage solution known for its robust ecosystem. With a fully diluted market cap of $2.5 billion, Arweave promises a strong future in the decentralized storage domain.
2. Solana (SOL)
Solana, celebrated for its speed and cost-effectiveness, remains a favorite. Its adoption in decentralized exchanges and meme coins further solidifies its position as a leading blockchain.
3. TON (TON)
Linked with Telegram, TON is set to leverage the app’s massive user base. Backed by Telegram founder Pavel Durov, TON aims for widespread adoption, making it a high-potential investment.
4. NEAR Protocol (NEAR)
Known for its AI optimization, NEAR Protocol is spearheaded by founders with significant ties to OpenAI. This blockchain’s focus on AI applications makes it a strong contender in the market.
5. Thorchain (RUNE)
Thorchain stands out as a cross-chain decentralized exchange protocol. Its emphasis on decentralization and impressive tokenomics ensures its place among the top altcoins.
6. Sui (SUI)
Developed using the Move programming language, Sui is a promising layer 1 blockchain. With roots in Facebook’s Libra project, Sui’s development team is poised to drive significant innovation.
7. Ethereum (ETH)
Despite its longstanding presence, Ethereum’s recent ETF discussions have reaffirmed its importance. Ran advises keeping Ethereum as a core part of any portfolio.
8. Coinbase (COIN)
Coinbase, although not a crypto token, plays a crucial role as a proxy for crypto success. As the primary custodian for various ETFs, its influence in the crypto market is undeniable.
9. Phantom (FTM)
Phantom, with its new Sonic tech stack, is revolutionizing blockchain technology. Backed by Andre Cronje, this project is a promising investment.
10. Based AI (BAI)
Based AI is an advanced AI infrastructure token, offering improvements over existing solutions. Its low market cap and potential for growth make it an attractive option.
11. Toka (TOKA)
Toka, a meme coin inspired by Tucker Carlson, combines humor with crypto. Its community-driven approach and partnerships enhance its market presence.
12. Gummy (GUMY)
Gummy, a weed gummy-based meme coin, has seen tremendous growth. Launched to educate the community on meme coins, it has become a significant player with a strong community backing.
Strategic Advice for Investors
Ran Neuner advises investors to avoid jumping from one token to another or chasing short-term narratives. Instead, he emphasizes holding high conviction tokens throughout the cycle to ensure better long-term returns. This strategy is aimed at preventing losses and maximizing gains as the market evolves.
Final Thoughts
The upcoming altcoin season promises significant opportunities. By focusing on quality tokens and maintaining a steady investment approach, investors can navigate the market successfully. Ran’s top 12 picks provide a comprehensive guide for those looking to capitalize on the anticipated altcoin run.
Stay tuned for more updates and insights from Crypto Banter as the altcoin season unfolds. For detailed analysis and Ran’s complete video, visit the Crypto Banter YouTube channel.