# Our 40+ Token Predictions

*Author: Bankless*
*Published: Aug 9, 2024*
*Source: https://www.bankless.com/our-40-token-predictions*

---

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/Frame-50572--1--2.png)](https://www.bankless.com/sponsor/mantle-1706216729?ref=token-hub-ratings-summer-2024&email=true)

  

Our 40+ Token Predictions
    
  

  
  Published on Aug 9, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

---
[**Sponsor: Mantle**](https://www.bankless.com/sponsor/mantle-1706216729?ref=token-hub-ratings-summer-2024&email=true) — Mass adoption of decentralized & token-governed technologies.

[Visit mantle.xyz to Learn More](https://www.bankless.com/sponsor/mantle-1706216729?ref=token-hub-ratings-summer-2024&email=true)

.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Crypto Execs Meet with Dems
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/08/Group-14--89-.png)](https://www.bankless.com/dashboard)- 🫏 **Crypto Execs Express Concerns to Biden-Harris White House Officials. **Some of crypto's top leaders [met with Democratic leaders](https://www.bankless.com/crypto-biden-harris-white-house-meeting) and White House advisors.
- 🧑‍⚖️ **SEC Reportedly Taking Aim at Crypto VC Firms.** The 3 subpoenaed VC firms [were not named](https://www.bankless.com/sec-vc-firms) in the report from DL News.
- 🪙** Ripple Begins Testing RLUSD Stablecoin on Ethereum & XRP.** After its lawsuit resolution, Ripple is [getting to work](https://www.bankless.com/ripple-usd-testing) on beta testing of Ripple USD.

.  .  .

 
  
    

    MARKET VIBES

  
  
Week of Panic Subsides
    
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: **After spiking as high as $62.5K yesterday, flushing out shorts in the process, BTC spent the day sitting comfortably at the $60K marker with reassuring macro signs largely pushing traders to treat last weekend's sell-off, which took BTC below $50K, as a fluke.

Prices as of 5pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.10T
       

 
    
    ↗0.4%
    
  

  
    
    ↘4.5%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $60,154
       

  
    
    ↗0.8%
    
  

   
    
    ↘2.8%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,571
       

  
    
    ↘0.2%
    
  

   
    
    ↘14.0%
    
  
  

       ![](https://s2.coinmarketcap.com/static/img/coins/64x64/3890.png)
    

  **MATIC**
   
          $0.42

       

  
    
    ↗0.2%
    
  

   
    
    ↘10.2%
    
  

  

---
🔒**New Token Rating: Polygon** is Ethereum’s most valuable scaling solution by fully diluted market cap. What does the future hold for Polygon as the network transitions to POL?[Unlock MATIC on Token Hub](https://www.bankless.com/tools/token-hub/polygon)

.  .  .

 
  
    

ANALYSIS

  
  
    
   
How Our 40+ Token Hub Ratings Are Performing

  
  
   
     
     Bankless Author: 
     
       [
       
       Jack Inabinet](https://x.com/JackInabinet)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/08/image---2024-08-09T170511.332.png)](https://www.bankless.com/token-hub-ratings-summer-2024)This year, we restarted the Bankless **Token Hub**, where, every weekday, our analyst team digs into a token's potential future price performance and gives it a bullish, bearish or neutral rating with a brief write-up justifying that rating on a three-month investment timeline.

Right now, we have 41 active token ratings in the Citizen-only app. Today, we just added a rating on [*Polygon's native token*](https://www.bankless.com/tools/token-hub/polygon).

As we continue to lay out new ratings and adjust to the shifting financial landscape, we wanted to take a look back at *our* past performance rating tokens, especially during a period when the market was dealt some major shocks. *We didn't do too bad!*

*Today, we’re showing Citizens a few of our most notable token ratings from this summer, and digging into what exactly we got right and what we overlooked. You can *[*check out the Token Hub*](https://www.bankless.com/tools/token-hub)* app right now to see all of our active ratings!* 👇

[Unlock the Ratings](https://www.bankless.com/token-hub-ratings-summer-2024)
---
---

*This article is brought to you by [MetaMask](https://www.bankless.com/sponsor/metamask-1776260643?ref=our-40-token-predictions)*