Akash Network

Chainlink

DeFi Kingdoms

Avalanche

<h4>Coins to lead the bull run. This is something where EVERYONE has an opinion.</h4> 
But hot narratives still rule. After Bitcoin, the 3 hottest narratives will be Infrastructure,&nbsp;Gaming, and AI. So we have one of our top altcoins from each narrative. Let’s see if you agree and like these too. Or maybe you have your ideas you can comment on below. 
<h5>1) ChainLink (LINK)</h5> 
Our first pick is in infrastructure. One of our favorite sectors. Chainlink. Chainlink is the leader in the <a href="https://www.coingecko.com/en/categories/oracle" target="_blank" rel="noopener">important field of oracles</a>. Oracles bring off-chain information like stock prices in for on-chain use. $10 billion of the total $14 billion in this market is from Chainlink. Link is up almost 110x from its all-time low 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 We are excited to introduce <a href="https://twitter.com/transporter_io?ref_src=twsrc%5Etfw">@transporter_io</a>, the next evolution in cross-chain bridging, powered by <a href="https://twitter.com/hashtag/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw">#Chainlink</a> CCIP. 
 Transporter is your gateway to the multi-chain universe. 
 Cross chains with confidence: <a href="https://t.co/OJ9XWcAy4F">https://t.co/OJ9XWcAy4F</a> <a href="https://t.co/ANNWiFfXdC">pic.twitter.com/ANNWiFfXdC</a> 
 — Chainlink (@chainlink) <a href="https://twitter.com/chainlink/status/1778453040560844959?ref_src=twsrc%5Etfw">April 11, 2024</a>
</blockquote> 
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And their CCIP is letting blockchains talk to each other more easily. It’s like bridging but different. Users can <a href="https://chain.link/cross-chain" target="_blank" rel="noopener">send data and messages across chains</a> like a bridge with ease. But for developers, that’s where the real innovation is. A project developer gets one simple interface to build out their dApp. Then it’s accessible across many chains. 
It answers that question we all have once in a while “I love using ABC dApp. I wish it was available on XYZ chain.” With CCIP, it will be. In a bull market, many new projects come online. Chainlink is a beneficiary here too. 
Whether it’s for CCIP or quality Oracle services, every new smart contract project needs Chainlink. They need to get relevant information from off-chain to on-chain. Again, as you’ve heard me say many times before, this is the picks and shovels. The tools all projects need. That’s why we love infrastructure so much as a sector. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/23f1.png" alt="⏱" class="wp-smiley" style="height: 1em; max-height: 1em;"> Tokenization explained in 77 seconds <a href="https://t.co/h2JUy88leH">pic.twitter.com/h2JUy88leH</a> 
 — Chainlink (@chainlink) <a href="https://twitter.com/chainlink/status/1779209687273214273?ref_src=twsrc%5Etfw">April 13, 2024</a>
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<h5>Price Action</h5> 
<a href="https://www.coingecko.com/en/coins/chainlink" target="_blank" rel="noopener">$LINK</a>, Chainlink’s native token, is the #18 project by market value in the industry. So it’s already a blue chip. One of the big boys. Let’s see how it’s done recently. In the last month, $LINK Is down 12%. But over the last 3 months, the token is up ~25%. 
And it’s done well over the last year. In the last 12 months, $LINK is up 146%. That’s a great ROI. And it’s even better, just by a little bit, than Bitcoin’s 133% in the last 12 months. Leading projects in leading, hot narratives are always the best bull market performers. And Chainlink is a leader and we expect it to stay that way. 
<h5>2) Avalanche (AVAX)</h5> 
<a href="https://www.avax.network/" target="_blank" rel="noopener">Avalanche</a> is back. Fans will say they never went away and its native token AVAX is up 15x since its all-time low. But they were out of the public eye for a while. Yet, they have kept building and have some great new tools. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Entangle has integrated Avalanche, bringing its Photon Messaging Protocol for cross-chain communication into the ecosystem <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2b07.png" alt="⬇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/Ejv4CsQCGP">https://t.co/Ejv4CsQCGP</a> 
 — Avalanche <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f53a.png" alt="🔺" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@avax) <a href="https://twitter.com/avax/status/1779234212975165880?ref_src=twsrc%5Etfw">April 13, 2024</a>
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First off, the <a href="https://twitter.com/coreapp" target="_blank" rel="noopener">Core Wallet</a> is one of the best native chain wallets we’ve seen. It is both faster AND cheaper than Metamask for Avalanche transactions. It has Bitcoin support too for the Avalanche bridged BTC.b. It has some other amazing features too. Then we have the 3 <a href="https://twitter.com/coreapp/status/1728116903070281776?s=20" target="_blank" rel="noopener">chain architecture</a>. If you haven’t used Avalanche in a while, you may have forgotten it’s not 1 chain. It’s 3. There’s the: 
<ul> 
 <li style="font-weight: 400;" aria-level="1">X-Chain, for Exchanges.</li> 
 <li style="font-weight: 400;" aria-level="1">P-Chain is the platform chain that most subnets use.</li> 
 <li style="font-weight: 400;" aria-level="1">C-Chain the EVM-compatible chain to link to the rest of the EVM ecosystem.</li> 
</ul> 
So when a new subnet launches, its transactions are not taking up space on the C Chain and making EVM transactions slower. There’s no relation at all. 
Subnets are becoming a big differentiator for Avalanche too. Games in particular, but also <a href="https://www.altcoinbuzz.io/?s=real+world+assets" target="_blank" rel="noopener">RWA chains</a> are finding a home on Avalanche subnets. With subnets, you get Avalanche security so your dev team can focus on building out the protocol. It’s some of the best of what modular blockchains have to offer. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Trips <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f91d.png" alt="🤝" class="wp-smiley" style="height: 1em; max-height: 1em;"> Content Creators<a href="https://twitter.com/TripsCreators?ref_src=twsrc%5Etfw">@TripsCreators</a> leverages an Avalanche Subnet to help creators turn their digital content and IP into secure, on-chain assets <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/Sxh8PpL2R5">https://t.co/Sxh8PpL2R5</a> 
 — Avalanche <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f53a.png" alt="🔺" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@avax) <a href="https://twitter.com/avax/status/1779162675164885190?ref_src=twsrc%5Etfw">April 13, 2024</a>
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DeFi Kingdoms is among the more notable games to move to an Avalanche subnet. Games like that there is no delay in transactions along with no lapses in security. 
<h5>Price Action</h5> 
<a href="https://www.coingecko.com/en/coins/avalanche" target="_blank" rel="noopener">AVAX</a> is the #11 project by market value. So this one is a blue chip, too. Like Chainlink. The AVAX token in the last month is up 8.4%. Over the last 3 months, AVAX is up almost 30%. And for the last 12 months, Avalanche is up a huge 173%. 
<h5>3) Akash</h5> 
The last one on our list seems to be defying all logic. Unless it’s a little healthy profit-taking, that is. But I am not a trader so I won’t comment on such things. It’s <a href="https://akash.network/" target="_blank" rel="noopener">Akash</a>. Yes, we talk about it often. It’s AI. It’s huge and it’s up 23x since its all-time low just a year back. The project is super high-quality. Look at how much leases for GPUs are growing. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Active leases on Akash have increased 10x since December 2023. 
 Currently at an all-time high of over 5,000. <a href="https://t.co/GSMvZPqeHh">https://t.co/GSMvZPqeHh</a> 
 — Akash Network (@akashnet_) <a href="https://twitter.com/akashnet_/status/1777816031546986718?ref_src=twsrc%5Etfw">April 9, 2024</a>
</blockquote> 
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And guess what? Over the last 30 days, it’s down 21%. So you are getting great quality at a discount. Akash is not going anywhere for a while. It’s not just AI. It’s the most in-demand part of AI. GPU hardware chips for AI computation. 
We LOVE LOVE LOVE this part of AI. Every project needs a ton of computing power whether it’s a successful product or not. And Akash is providing infrastructure for AI with its GPU marketplace. 
<a href="https://www.coingecko.com/en/coins/akash-network" target="_blank" rel="noopener">$AKT</a>, the native token of Akash, is now <a href="https://twitter.com/akashnet_/status/1769852347495403854" target="_blank" rel="noopener">trading</a> on Coinbase too. That’s a big deal for Americans getting access to $AKT. Now, Akash is training its models too. They are not content to only be a GPU marketplace. It’s difficult to see negative scenarios around this project. Truly. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Akash was featured in Fierce Electronics, covering the latest GPU prices — especially NVIDIA H100s as low as $1.50/hr — and much more. 
 Read the full story:<a href="https://t.co/sjDIAmIjhu">https://t.co/sjDIAmIjhu</a> <a href="https://t.co/m2wG2Fa2Ss">pic.twitter.com/m2wG2Fa2Ss</a> 
 — Akash Network (@akashnet_) <a href="https://twitter.com/akashnet_/status/1775265874607505540?ref_src=twsrc%5Etfw">April 2, 2024</a>
</blockquote> 
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<h5>Price Action</h5> 
That’s why its 21% decline in the last 30 days is puzzling. That said, Akash is up an eye-popping 1300% in the last 12 months. So it definitely could be profit-taking. But still, it’s like a great project that was $1 a month ago is now worth 80 cents. 
Does that seem like a better deal to you?&nbsp;Because it sure does to me. So Akash is staying on our radar. 
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<h6>Disclaimer</h6> 
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. 
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The 3 Most Critical Altcoins for the Crypto Bull Run

Altcoin Buzz

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