ETH ATH Coming? These New Cryptos Could Benefit The Most

ETH ATH Coming? These New Cryptos Could Benefit The Most
Oct 10, 2024 2
ETH ATH Coming? These New Cryptos Could Benefit The Most

Ethereum’s next all-time high could be just around the corner, so the entire crypto market is watching closely. A new ATH doesn’t just mean gains for ETH holders—it often sparks massive opportunities for other new cryptos to ride the wave. 

Specific tokens thrive in ETH's shadow, whether DeFi, GameFi, or RWA. The big question is: which projects are positioned to benefit the most from this coming surge? 

Get ready, because these up-and-comers could be next in line for explosive growth.

Top 3 new cryptos to join the ETH bull run

After digging through the latest trends, project updates, and market buzz, we’ve zeroed in on the three best new cryptos poised to take full advantage of Ethereum’s upcoming bull run. Each token has been carefully researched to ensure they have the potential to ride ETH’s wave and deliver serious gains.

Here are the top three tokens that made the cut:

  1. Poodlana (POODL)
  2. Chainlink (LINK)
  3. Render (RNDR)

Poodlana—From fashion week to a 100x surge?

After one of the most successful ICOs of 2024, raising $8 million in just 30 days, Poodlana (POODL) has been making waves with some wild social media campaigns. The team has been roasting the worst Fashion Week outfits and sharing behind-the-scenes content from London Fashion Week—a unique and successful way to grab attention. With all that hype, it's no wonder that this new crypto has quickly become the go-to meme coin for those who love the finer things in life.

But beyond the viral marketing that’s got people talking, Poodlana has quickly landed exchange listings on platforms like MEXC with a trading volume of over $1.7 billion, unlocking a flood of capital and bringing the coin to millions of new eyes. Plus, Asia’s love for fashion has made POODL a hit in countries where trends meet crypto, and this stylish meme brand is thriving there.

With Ethereum looking to hit a new all-time high, excitement is growing around the anticipated success of ETH ETFs. When ETH does well, it should open the doors for the planned Solana ETFs to follow, which is huge news for Poodlana. Since POODL rides that fashion-and-poodle-themed trend on Solana, it stands to gain big time from this ETF boom.

Analysts are already predicting a massive Q4 for Poodlana, with price targets over $1. Western investors are starting to take notice, and with its fashion-forward content going viral, this could be just the beginning for this fashion-focused meme coin.

Head to the official Poodlana website to learn more.

Chainlink—Next DeFi token to skyrocket this ETF bull run

Already one of the top ERC-20 projects, Chainlink has been crushing it with record development activity, and now it's ready to ride Ethereum’s wave to new heights.

In a major win, 21.co just integrated Chainlink’s Proof of Reserve on both the Solana and Ethereum networks to boost transparency for its Wrapped Bitcoin (21BTC).

As Ethereum hits new highs, the network tends to get super busy. Chainlink, being the go-to decentralized oracle network for many DeFi projects and smart contracts on Ethereum, is essential for keeping things running smoothly. More activity on ETH means more demand for Chainlink’s reliable price feeds and data.

Plus, whenever Ethereum hits an ATH, DeFi usually sees a boom. A ton of DeFi protocols rely on Chainlink oracles to stay secure. So, as DeFi grows, so does the demand for Chainlink’s services.

With Ethereum climbing, more projects are likely to start using Chainlink’s oracles for their data needs, which is great news for LINK holders. As ETH keeps pushing upward, Chainlink is positioned to benefit big time, making it a project to watch closely during this bullish run.

High-quality graphics rendering—Render’s path to 10x

Last but not least, Render is primed for some big gains as Ethereum edges closer to hitting a new all-time high. Recent developments have already set Render on a strong path forward, and now it looks ready to take off. Just recently, Coinbase launched perpetual futures for Render on its international platform, giving global investors more ways to trade and making RNDR more accessible.

On top of that, Render Network has seen a surge in activity, with more active addresses and a jump in frame rendering. This shows growing demand for its decentralized GPU rendering services, which are becoming popular with creators and developers alike.

Ethereum’s ATH tends to spark growth in DeFi and NFTs, both areas where Render has a solid foothold. As more NFT creators, metaverse builders, and visual artists need powerful rendering tools, Render’s decentralized platform is perfectly positioned to meet that demand.

As ETH keeps climbing, even more developers and projects are likely to be drawn to Ethereum-based platforms like Render. The rising ETH price makes it an even more attractive option for users and creators looking for high-quality rendering services.

In short, Render is sitting pretty to ride the wave of Ethereum’s success, and its growing network adoption only adds to the excitement.

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