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Home Altcoins

6 altcoins expected to shoot up in value, says analyst

Gary Flanders by Gary Flanders
2 years ago
6 altcoins expected to shoot up in value, says analyst

A recent video on the esteemed crypto YouTube channel Altcoin Daily delves into the potential for Bitcoin and other altcoins to reach unprecedented success. The update arrives amidst a surge in the price of ETH, which has surpassed the $1,900 mark for the first time since August 22.

Altcoin Daily has presented a comprehensive chart that delves into the journey towards AltSeason, highlighting the distinct cycle of altcoins. Additionally, the esteemed source has shared their top six altcoin selections that warrant close observation.

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Tezos has secured a spot on the coveted altcoin daily list, trailing only behind the popular Bitcoin and Ethereum. As a smart contract dApp platform, Tezos is a formidable competitor to Ethereum. The platform recently joined forces with tech giant Google and unveiled its enshrined roll-ups on March 29, 2023. These developments have solidified Tezos’ position as a serious player in the cryptocurrency market.

Ranked third on Altcoin Daily’s list is Fetch.ai, a cutting-edge platform that focuses on AI technology. Fetch.ai offers a permissionless network that allows individuals to connect and access datasets securely using autonomous AI. This innovative approach provides unprecedented access to AI technology, empowering users to leverage its capabilities securely and efficiently. With Fetch.ai, the future of AI is now within reach.

Fetch.ai has secured a whopping $40 million in funding to advance the deployment of decentralized machine learning. The platform focuses on developing an execution layer for GPT models, enabling products such as ChatGPT to connect messages to verifiable outcomes seamlessly. This innovative approach is set to revolutionize how we interact with technology, and we are excited to be at the forefront of this cutting-edge development.

Cardano has secured its spot as the fourth contender on the list, thanks to its latest move that poses a direct challenge to Ethereum. Integrating the new EVM has propelled ADA blockchain to the forefront of the cryptocurrency world, establishing it as one of the leading EVM chains. Notably, ADA users can now seamlessly access any EVM contract directly from their wallets, further cementing Cardano’s position as a formidable player in the industry.

Ranked fifth on the roster is RSS3, a pioneering platform that aspires to serve as Web3’s decentralized information processor. While RSS has been a staple of Web2 for quite some time, it is now being reimagined for the Web3 era. According to the developers, the project is slated to launch in six to eight months, as announced in February.

THORChain has achieved a remarkable feat by surpassing 70,000 wallets, securing its position as the sixth most popular cryptocurrency. The platform’s native token, Rune, is poised for even greater success with the imminent launch of its lending feature, which promises to accelerate the pace of Rune burns. As THORChain continues to innovate and expand its offerings, investors can look forward to a bright future for this dynamic cryptocurrency.

Tags: Altcoin
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Gary Flanders

Gary Flanders

Passionate writer who is keenly exploring crypto and Blockchain loves to know about new things and explore what is happening in the world. Cherishes writing, primarily about cryptocurrency and Blockchain.

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