2024

Akash Network

DAO Maker

<h4>As we begin yet another month, it’s time to look at the coins we like for March. Today we look at a <a href="https://www.altcoinbuzz.io/?s=gem" target="_blank" rel="noopener">coin</a> that is a launchpad.&nbsp;Is in the center of one of the big crypto narratives, and is a smart building but often forgotten Layer 1 chain.</h4> 
Curious to see what we like for March? Then, let’s discover these 3 altcoins. 
<h5>1) DAOMaker</h5> 
Launchpads were out of favor for a long time. And it’s understandable why. If new projects are not launching and many newer projects are just barely hanging on, then how does a launchpad grow? That’s what 2022 and most of 2023 was like. But no more. So our first pick is one of the leading launchpads and one of the survivors. <a href="https://app.daomaker.com/launchpad" target="_blank" rel="noopener">DAOMaker</a>. 
<a href="https://www.coingecko.com/en/coins/dao-maker" target="_blank" rel="noopener">DAO</a>, the native token of DAOMaker,&nbsp;is down 15% in the last 60 days but up about 10% over the last 90 days. This means that DAOMaker has been in a little bit of a slump at a time when its markets and new project launches are growing. And that equals opportunity for us. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 How is 2024 Going? 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> 9 listed SHOs <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4b5.png" alt="💵" class="wp-smiley" style="height: 1em; max-height: 1em;"> Over 5.6M Raised <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92f.png" alt="🤯" class="wp-smiley" style="height: 1em; max-height: 1em;"> 9.2x Average ATH ROI<a href="https://twitter.com/search?q=%24GTAI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$GTAI</a> – 23.48x <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f469-200d-1f33e.png" alt="👩‍🌾" class="wp-smiley" style="height: 1em; max-height: 1em;">First farms launched! <a href="https://twitter.com/search?q=%24MUNITY&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MUNITY</a> – 1,335% Current APR<a href="https://twitter.com/search?q=%24VIA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$VIA</a> – 261% Current APR <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;">Exciting projects in the pipeline! 
 Join SHOs and explore farms! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f449.png" alt="👉" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/yWcq07sXWH">https://t.co/yWcq07sXWH</a> <a href="https://t.co/g3hma5Y5FM">pic.twitter.com/g3hma5Y5FM</a> 
 — DAO Maker (@daomaker) <a href="https://twitter.com/daomaker/status/1763181599074480480?ref_src=twsrc%5Etfw">February 29, 2024</a>
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DAOMaker is without question in the leading group of launchpads for the industry. They along with some others we like such as Seedify or Enjinstarter attract the best of the best. Many new projects launch on all 3 of these or at least 2 of the 3 regularly. So of course DAOMaker is growing. Its position in the market is improving as more new projects come online. But the price is not catching up to the growth yet. 
Again, that’s an opportunity for us. Some of its upcoming listings include: 
<ul> 
 <li style="font-weight: 400;" aria-level="1"><a href="https://twitter.com/daomaker/status/1762851786212131322?s=20" target="_blank" rel="noopener">Dappad</a>.</li> 
 <li style="font-weight: 400;" aria-level="1"><a href="https://x.com/daomaker/status/1759918994989924366?s=20" target="_blank" rel="noopener">Weave6</a>.</li> 
 <li style="font-weight: 400;" aria-level="1"><a href="https://www.altcoinbuzz.io/?s=Edu3labs" target="_blank" rel="noopener">Edu3labs</a>, which you will be hearing more about soon.</li> 
</ul> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 .<a href="https://twitter.com/Edu3Labs?ref_src=twsrc%5Etfw">@Edu3Labs</a> claim and the farm is live on <a href="https://twitter.com/search?q=%24DAO&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DAO</a> Pad 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92f.png" alt="🤯" class="wp-smiley" style="height: 1em; max-height: 1em;">11,848% current APR! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/23f3.png" alt="⏳" class="wp-smiley" style="height: 1em; max-height: 1em;"> Only 30 days of farming! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> 250,000 <a href="https://twitter.com/search?q=%24NFE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$NFE</a> tokens in the reward pool 
 Put your tokens to work<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/3937CydmKP">https://t.co/3937CydmKP</a> <a href="https://t.co/qMk62rEiin">pic.twitter.com/qMk62rEiin</a> 
 — DAO Maker (@daomaker) <a href="https://twitter.com/daomaker/status/1765642755655557585?ref_src=twsrc%5Etfw">March 7, 2024</a>
</blockquote> 
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At its current price of just under $1, just to get back to its recent high in mid-December would be a 40% return. We expect more new projects to launch and a generally optimistic feeling in March and leading up to the <a href="https://www.altcoinbuzz.io/?s=bitcoin+halving" target="_blank" rel="noopener">Bitcoin halving</a> in mid-April. Are you registered with any launchpads? Which one is your favorite? Let us know in the comments below. 
<h5>2) Akash</h5> 
Now we’ve got one of the hottest projects in one of the hottest narratives in our industry. The narrative, AI. The project, <a href="https://akash.network/" target="_blank" rel="noopener">Akash</a>. One thing I have not seen talked about much on Crypto Twitter is the synergy that will happen between crypto and AI. They are made for each other. Use an AI agent to do a task and use crypto to pay for it to either finish the task or to pay the agent. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 The updated hourly pricing for high-performance GPUs on Akash is among the most competitive, anywhere. 
 H100 &gt; $1.49/hour 
 A100 80GB &gt; $0.79/hour 
 A6000 &gt; $0.49/hour 
 Get started right now with Akash Console:<a href="https://t.co/wiTB1XEqIA">https://t.co/wiTB1XEqIA</a> 
 — Akash Network (@akashnet_) <a href="https://twitter.com/akashnet_/status/1766202100776628648?ref_src=twsrc%5Etfw">March 8, 2024</a>
</blockquote> 
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Think about it for a second, do you think people and companies will create autonomous AI agents and then present an invoice? Or expect a bank transfer payment? No. They will want a digital native payment to go with the digital native service they are providing. I don’t know why more people aren’t talking about this, but they should be. 
And what you see playing there in the background is the CEO of NVIDIA saying that AI is going to replace coding. And if it does, then all this happens even faster. OK back to Akash. AI needs tons of computing power for its large language models or for rendering images. Akash is a decentralized marketplace where you can buy, sell, or rent GPU processing power for AI. 
We like this project A LOT. And I’ll be honest. It’s had a huge runup recently. <a href="https://www.coingecko.com/en/coins/akash-network" target="_blank" rel="noopener">AKT</a>, its native token, is up 60% in the last 30 days, 3x in the last 3 months, and 900% in the last 12 months. So it would be a fair question to ask, can it still grow from here or grow as fast? The answer is Yes, it can. First, it’s part of 2 of the top narratives, AI and DePIN. 
Second, it just got <a href="https://twitter.com/akashnet_/status/1762484205773107527?s=20" target="_blank" rel="noopener">listed</a> on Coinbase.&nbsp; This means Americans, who have a notoriously difficult time getting access to Cosmos IBC ecosystem assets can now easily and directly buy Akash. It just happened at the end of February and this is a much bigger deal than people realize for US retail investors. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Akash is building out its global coverage with a set of new providers in the APAC region — including Seoul, Tokyo, and Singapore. <a href="https://t.co/tAKbpC3bsC">pic.twitter.com/tAKbpC3bsC</a> 
 — Akash Network (@akashnet_) <a href="https://twitter.com/akashnet_/status/1765840981306314864?ref_src=twsrc%5Etfw">March 7, 2024</a>
</blockquote> 
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Third, a lot of those newly bought NVIDIA GPUs are <a href="https://twitter.com/gregosuri/status/1760722479272661047?s=20" target="_blank" rel="noopener">ending up</a> on the Akash marketplace. In short, Akash is crushing on all levels and we expect it to continue. Its market cap is $1.1 billion and we see no reason why it can’t become a $100 or $200 billion project. 
<h5>3) Sui</h5> 
Lastly, for today, we have Sui. <a href="https://sui.io/" target="_blank" rel="noopener">Sui</a> is like the middle child. The forgotten one of Layer 1 chains. Sui has been doing pretty well since its mainnet launch in May. We had them in the coins for February too. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3ae.png" alt="🎮" class="wp-smiley" style="height: 1em; max-height: 1em;">Discover your next favorite game on Sui. 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"> in our latest gaming highlight reel, see what it's like to play: <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f308.png" alt="🌈" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/Cosmocadia?ref_src=twsrc%5Etfw">@Cosmocadia</a> – a community-based farming game <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f3f9.png" alt="🏹" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/twakegame?ref_src=twsrc%5Etfw">@twakegame</a> – an RPG and BattleRoyale experience <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2694.png" alt="⚔" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/ChronosWorlds?ref_src=twsrc%5Etfw">@ChronosWorlds</a> – a post-apocalytpic RPG<a href="https://twitter.com/hashtag/PlayBeyond?src=hash&amp;ref_src=twsrc%5Etfw">#PlayBeyond</a> <a href="https://t.co/6dabaX3cYl">pic.twitter.com/6dabaX3cYl</a> 
 — Sui (@SuiNetwork) <a href="https://twitter.com/SuiNetwork/status/1767653685352452149?ref_src=twsrc%5Etfw">March 12, 2024</a>
</blockquote> 
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And it was up a respectable 6.2% for the month. It’s not setting the world on fire the way Bitcoin has been but most other projects haven’t either. In the last 60 days, Sui is up 2x. It did a double. 
Sui is <a href="https://twitter.com/CetusProtocol/status/1762983318339944532?s=20" target="_blank" rel="noopener">making investments</a> in its ecosystem like the Cetus DEX. Recent <a href="https://twitter.com/SuiNetwork/status/1762701358111895939?s=20" target="_blank" rel="noopener">new listings</a> like Binance Japan make it accessible to many more investors around the world. I feel like the industry has been sleeping on Sui and all its recent improvements. But if the first 2 months of 2024 are any sign, people are waking up and seeing the value. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/suilendprotocol?ref_src=twsrc%5Etfw">@SuilendProtocol</a> is now live on Sui! The <a href="https://twitter.com/solendprotocol?ref_src=twsrc%5Etfw">@solendprotocol</a> team went from “building a cathedral with chisels and hammers” to building “rocket ships” on Sui with <a href="https://twitter.com/hashtag/Move?src=hash&amp;ref_src=twsrc%5Etfw">#Move</a>. 
 Give them a warm welcome and dive into the platform here! <a href="https://t.co/sHzmK2wIQy">https://t.co/sHzmK2wIQy</a> <a href="https://t.co/LpM0IaoWg1">pic.twitter.com/LpM0IaoWg1</a> 
 — Sui (@SuiNetwork) <a href="https://twitter.com/SuiNetwork/status/1767316762331398569?ref_src=twsrc%5Etfw">March 11, 2024</a>
</blockquote> 
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The market cap of <a href="https://www.coingecko.com/en/coins/sui" target="_blank" rel="noopener">SUI</a> of $1.9 billion puts it at ~#68 in the market by market value. I see lots of growth continuing from here. 
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Expect These 3 Altcoins To Pump HARD in March 2024

Altcoin Buzz

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