Cryptocurrency analysis company Layergg has shared its predictions for altcoins and projects that could potentially be listed on Coinbase in 2024. The stock price of COIN has been performing well, driven by factors such as the Bitcoin Spot ETF and Binance’s Guilty Plea. With Binance’s trading volume declining and users moving to other exchanges, analysts believe that Coinbase’s stock price could be seen as a “crypto” index by traditional financial investors, potentially leading to increased inflows into the crypto market.
Layergg has highlighted Seamless Protocol as a project to keep an eye on, especially since it was recently listed on Coinbase. Notably, Seamless’ development partner, Seashell, received an investment from Coinbase Ventures last year, similar to the pattern seen with Binance’s recent investments and incubations in projects like ACE, NFP, and AI.
Looking ahead to 2024, analysts anticipate that projects within the Base ecosystem and backed by Coinbase Ventures are likely candidates for listing on Coinbase. These projects span various categories such as DeFi, Infrastructure, Social, Blockchain Layers, and Stablecoin.
In line with these predictions, Coinbase’s recently released 2024 Crypto Market Outlook has also identified potential winners in the cryptocurrency industry. Projects mentioned in the report are seen as likely to succeed, and historically, projects highlighted in Coinbase’s publications have had the potential to be listed. These include Layer 1/Layer 2 projects like Blast, zkSync, Eclipse, dYdX, and Beam, as well as Decentralized Physical Infrastructure Networks (DePIN) such as Akash Network and Hivemapper.
It’s important to note that the information provided is not investment advice. As the crypto industry continues to evolve, these insights serve as a valuable resource for investors and enthusiasts interested in the potential future developments within the crypto and NFT space.
