Bitcoin's market share declines, is the altcoin season approaching? An overview of 10 potential projects

Author: Chain Mind, Crypto KOL

Compiled by: Felix, PANews

Every altcoin season starts in the same way: BTC surges and then consolidates, its dominance begins to decline, and then the altcoin season kicks off.

Currently, BTC's dominance is declining, and the altcoin season may be approaching. MATIC achieved a 160x growth in just three months during the last altcoin season. Many altcoins may follow a similar script in this cycle. Crypto KOL Chain Mind has identified 10 potential projects that could become the next MATIC from various popular narratives. The data in this article is as of December 2, 2024.

AIT Protocol (AIT)

Narrative: AI

AIT Protocol is a Web3 data infrastructure that creates a decentralized labor market using blockchain, allowing users to participate in "train to earn" tasks. The protocol incentivizes participants to annotate data and train AI models through cryptoeconomics.

• Market Cap: $38 million

• Price: $0.135

Swarm (SMT)

Narrative: RWA

Swarm Markets is a blockchain-based platform for the tokenization and trading of RWAs such as stocks, bonds, and gold, providing full asset backing, transparency, and decentralized trading.

• Market Cap: $30 million

• Price: $0.36

GraphLinq Chain (GLQ)

Narrative: AI

GraphLinq Chain is a no-code platform that uses AI-driven tools to build, manage, and automate dApps, enabling cross-chain integration, real-time monitoring, and seamless blockchain automation.

• Market Cap: $38 million

• Price: $0.11

Opulous (OPUL)

Narrative: RWA

Opulous is a platform that tokenizes music assets, providing a decentralized way for artists and fans to invest in music royalties, including AI tools, staking rewards, and exclusive benefits.

• Market Cap: $39 million

• Price: $0.1

OORT (OORT)

Narrative: AI/DePIN

OORT is a decentralized cloud platform that develops AI applications using global resources, offering blockchain-verified secure storage, computing, and data services.

• Market Cap: $62 million

• Price: $0.21

Propchain (PROPC)

Narrative: RWA

Propchain is a blockchain-driven real estate ecosystem that enhances market transparency, efficiency, and sustainability, connecting owners, investors, lenders, and service providers.

• Market Cap: $45 million

• Price: $1.9

Verasity (VRA)

Narrative: AI

Verasity is a blockchain-based ecosystem that brings transparency to digital advertising and payments, using patented PoV technology to combat ad fraud and facilitating secure transactions with VeraWallet.

• Market Cap: $73 million

• Price: $0.007

bitsCrunch (BCUT)

Narrative: DePIN

Bitscrunch is an AI-driven decentralized blockchain data platform that provides reliable insights on NFTs, tokens, wallets, etc., enabling developers to build scalable dApps.

• Market Cap: $37 million

• Price: $0.13

Goldfinch (GFI)

Narrative: RWA

Goldfinch is a decentralized finance platform that offers real-world loans backed by off-chain collateral, providing stable returns and global investment opportunities for businesses worldwide.

• Market Cap: $60 million

• Price: $2

Open Loot (OL)

Narrative: Gaming

OpenLoot is a Web3 gaming platform that provides distribution, marketing, payment, and user experience tools for game developers and publishers to enhance their go-to-market strategies.

• Market Cap: $50 million

• Price: $0.22