Solana

Vision

Aptos

Foundation

Meta

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/chris-burniske-highlights-overlooked-altcoins-in-market-analysis/" data-wpel-link="internal">Chris Burniske Highlights Overlooked Altcoins in Market Analysis</a><br></p>
<p style="text-align: justify">Chris Burniske, who works at many popular <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investment firms</a>, highlighted some overlooked altcoins in his latest market analysis. The evolving competitive environment has sidelined many cryptocurrencies, negatively affecting their prices. Those born as Solana rivals have taken a significant hit in this regard.</p> 
<h2 style="text-align: justify" id="expert-s-crypto-recommendations">Expert’s Crypto Recommendations</h2> 
<p style="text-align: justify">Venture capitalist Chris Burniske is known for his keen interest in risk markets, especially crypto. A few hours ago, a new analysis was published with former Goldman executive and current Real Vision founder Raoul Pal. Here, he highlighted the Move <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">ecosystem</a>.</p> 
<p style="text-align: justify">You may recall that it was a language created for the Diem project developed by Facebook, now known as Meta. However, for various reasons, Meta shelved this project while charting a new course focused on <a href="https://en.coin-turk.com/decentralands-mana-price-surge-prompts-accumulation-wave-among-millionaire-whales/" data-wpel-link="internal">metaverse</a>, virtual reality, and Web3, moving away from the financial aspect of crypto.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-370518 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/Chris-Burniske-Altcoinler.png" alt="" width="1920" height="1079"></p> 
<p style="text-align: justify">Of course, those who developed this Move language later emerged with their own blockchain ventures. SUI and Aptos (APT) are the most popular as layer1 networks and are striving to compete with Solana. However, the Solana network is far ahead in terms of ecosystem size. Burniske said:</p> 
<blockquote> 
 <p style="text-align: justify">“At this point, even though it’s very small, I think it’s worth paying attention to the Move ecosystem, meaning things like Movement, Aptos, Sui.</p> 
 <p style="text-align: justify">People are not talking about this ecosystem in an interesting way right now because I always like to go where people are not talking too much about something. This is an uncrowded wave that could be very good.</p> 
 <p style="text-align: justify">When you look at the birth of Move, Sui, and Aptos, you see that they came out of Meta. This is a big deal. People don’t realize how much time, effort, and money was spent on making something for ordinary people on the Meta side, and it was canceled in the last week before the launch.”</p> 
</blockquote> 
<h2 style="text-align: justify" id="potential-of-meta-foundation">Potential of META Foundation</h2> 
<p style="text-align: justify"><strong>Chris Burniske</strong> points to the strength of <strong>Meta</strong> at this point. He highlights that most of the foundations were built by an extremely meticulous company, but the project was canceled at the last minute. This could place it on a much more solid ground compared to its alternatives. Or perhaps Chris has invested in altcoins in this area and is striving to make people believe in such a story or perspective.</p> 
<blockquote> 
 <p style="text-align: justify">“With things like ZK log-in or some innovations happening there, we could reach a world where we produce wallets – and these will probably be lower-security wallets, just like we have different security levels for a bank account versus a vault – but we can produce low-security, high-usage wallets from our Gmail or phone number or whatever people choose, and such integrations are also coming.”</p> 
</blockquote> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/chris-burniske-highlights-overlooked-altcoins-in-market-analysis/" data-wpel-link="internal">Chris Burniske Highlights Overlooked Altcoins in Market Analysis</a></h5>

Chris Burniske Highlights Overlooked Altcoins in Market Analysis

Table of Contents

COINTURK NEWS

Muita 14. heinäk. 2024 julkaistuja artikkeleja

US Senator Cynthia Lummis renews her call for Bitcoin to be a US reserve asset

Crypto Weekly Recap: Germany Sells Off BTC Holdings; Republicans Endorse Crypto; BitMEX Pleads Gu...

Did AT&T Pay $400,000 In Bitcoin To Data Hackers?

Top Mathematician Predicts 150X Bitcoin Gains, Sets $1 Million Target for 2034

Hottest New Cryptocurrencies, 100% Moonshot Soon

Is Bitcoin’s Price at its Lowest Yet or Should Traders Be Patient?

Join our free newsletter for daily crypto updates!