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

Coingapestaff
December 30, 2024
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Grayscale Adds These 6 Crypto To Top Picks For Q1 2025, Here's All

Highlights

  • Grayscale adds six new coins as its top picks for Q1 2025.
  • These tokens are HYPE, ENA, VIRTUAL, JUP, JTO, and GRASS.
  • The asset manager also revealed other tokens, standing as Grayscale's top picks.

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.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.