4 Best Altcoins to Watch

As Bitcoin continues to show strength, analysts turn their attention to the hot narratives of altcoins – GameFi, AI, DePIN and RWA.

Thus, noted crypto analyst Miles Docher has unveiled his top four altcoin picks, citing high-yield investments that ride on these narratives.

Superverse (Super): Riding the gaming wave

The analyst placed the game token Super at the top of the list, calling it a “meme” due to its strong community support. However, SUPER emphasizes that it offers real utility in the gaming economy. He noted that a combination of cultural appeal and practical use is often key in determining which crypto projects succeed.

Super has made great strides in the development of play-to-earn models and the integration of NFTs (Non-Fuel Tokens). The stock is up 70% since Deutscher's Sept. 21 call, and he believes it has more room for growth. The reason for its success is the strong influence of faith and community support.

For gaming investors, Deutscher sees Super as a key altcoin, where future gains can be expected as the market recognizes its potential.

Bittensor (TAO): Leading the AI ​​narrative

TAO is another top choice, benefiting from a continuous AI narrative. AI's potential to transform many industries, along with crypto joining that revolution, makes Bittensor a critical player in the space.

Deutscher noted that TAO has received attention outside of the crypto space, even with mentions from Elon Musk on X (formerly Twitter). It highlights TAO's long-term potential due to its central role in AI infrastructure.

According to the analyst, TAO has consistently presented opportunities to buy with minimal problems, making it a strong choice for investors looking at the AI ​​sector.

While the token has already seen significant gains, Deutscher recommends buying during dips. At the time of writing, TAO is trading at $609.16.

Mantra (OM): Bet on RWA

Mantra positions itself at the intersection of DeFi and Real World Assets (RWA). Deutscher presses on the unique position of the RWA space, which, in his opinion, makes it attractive for a long time. The space promises to offer huge growth potential in the coming years.

RWA Token – The process of converting physical assets like real estate, bonds and commodities on the blockchain into digital tokens is on the rise. High-profile figures, including BlackRock's Larry Fink, continue to highlight its growing importance.

“Today we have tokenized technology. If you have tokenized security and identity, the moment you buy or sell a device on a ledger, that's all created together. You want to talk about issues around money laundering. It's a tokenized system that completely eliminates corruption,” Fink said. He explained.

Mantra's ability to ride this wave coupled with its current technical setup makes it a strong contender for long-term growth. Mantra OM token price has already made impressive returns, increasing from 2X to 3X since Deutscher's initial recommendation. Despite recent price increases, Deutscher expects further growth and suggests buying when they are likely to do so again.

Provider (RNDR): DePIN player with technical strength

RNDR narrows down the analyst's top four picks. Deutscher chose Render as a highly decentralized physical infrastructure network (DePIN) game. Render provides decentralized GPU computing power, which has a variety of use cases, particularly in AI and high-performance computing.

While there are other promising projects in the sector, including Ethereum ( ATH ), Deutscher finds it particularly attractive for short-term trading and long-term holdings. Its current price action and technical setup indicate that it could see significant gains soon, making it a strong altcoin to watch.

Miles Deutscher's top four altcoin picks—SUPER, TAO, Render, and Mantra—represent broad crypto trends that have the potential to dominate the market. Each of these symbols stand at the forefront of the narratives shaping the future of crypto.

Read more: 12 Best Altcoin Exchanges for Crypto Trading in October 2024

Investors looking for opportunities in the altcoin space may consider tracking these four projects, balancing short-term technical analysis with long-term market trends. However, traders should always do their own research.