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CoinGape 2024-12-30 10:42:29

Grayscale Adds These 6 Crypto To Top Picks For Q1 2025, Here’s All

Grayscale Adds These 6 Crypto To Top Picks For Q1 2025, Here’s All

Leading asset management firm Grayscale on Monday nabbed considerable market attention, spotlighting six new cryptos as its top pick for the upcoming quarter, Q1 2025. Amid the soaring cryptocurrency market in Q4 2024, the asset manager pointed out HYPE, ENA, VIRTUAL, JUP, JTO, and GRASS as some assets that have high potential over the coming quarter. Notably, this bullish prediction comes against the backdrop of the recent U.S. elections, breakthroughs in decentralized AI technologies and the use of blockchain, and recent market trends. Grayscale Spotlights These Crypto As High Potential Assets For Q1 2025 According to an official Grayscale press release dated December 30, six crypto assets that stand out, showcasing the immense potential for Q1 2025 are Hyperliquid (HYPE), Ethena (ENA), Virtual Protocol (VIRTUAL), Jupiter (JUP), Jito (JTO), and GRASS. Particularly in light of the recent U.S. elections, continued breakthroughs in decentralized AI technologies and blockchains, and the robust growth of the Solana ecosystem, the abovementioned tokens indicate strong potential for gains ahead. Further, other cryptocurrencies that remain in the asset manager’s top pick for the coming quarter are BTC, ETH, SOL, LINK, and SUI, among many other top crypto coins. With the leading asset manager handing out bullish projections for certain tokens, market sentiments have also taken a paradigm shift despite the recent volatility. How Are The Coins Currently Performing? HYPE price witnessed gains worth nearly 2% intraday and is currently sitting at $27.83. Its 24-hour low and high were $26.62 and $29.06, respectively. The coin’s rising movement falls in line with Grayscale’s bullish projection on future movements. Similarly, ENA price pumped over 4% at the time of reporting, reaching $0.9894. The coin’s 24-hour low and high were $0.9148 and $1.01, respectively. JTO price soared roughly 1% intraday to reach $3.34. Whilst the coin’s 24-hour low and high were $3.23 and $3.38, respectively. Besides, the remaining three cryptos appear to be witnessing a waning action. GRASS price slipped nearly 1% and is trading at $2.35. Also, VIRTUAL price tanked by 4.5% over the past day, remaining at $3.49. Lastly, JUP price also waned 2% intraday and exchanged hands at $0.82. Nevertheless, market watchers remain optimistic over the mentioned coins’ Q1 2025 performance, in line with Grayscale’s bold anticipation. Also, it’s noteworthy that the same asset manager recently launched the SUI Trust for qualified investors, cementing its position as the top firm in the field. The post Grayscale Adds These 6 Crypto To Top Picks For Q1 2025, Here’s All appeared first on CoinGape .

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