2024

Astar

<h4>Although most altcoins are suffering this quarter, there are levels to this. And it seems true that most aside from Bitcoin, Ethereum, <a href="https://www.altcoinbuzz.io/?s=solana" target="_blank" rel="noopener">Solana</a>, and memecoins are getting slaughtered. But the truth is more complicated. And in those complications, we have opportunities.</h4> 
For example, many of us have heard the phrase “A rising tide lifts all boats”. But the opposite is true too. If market sentiment for alts is negative, and right now you know it is, then lots of great projects are seeing price declines. Price declines with no changes or only positive changes in fundamentals. So today, 3 mid-cap altcoins were down recently but for no good reason other than to give us a better entry price if we want to buy them. 
<h5>1) Sui (SUI)</h5> 
First up today on our mid-caps altcoins list is <a href="https://sui.io/" target="_blank" rel="noopener">Sui</a>. Now Sui is most likely a large cap by any realistic measure with a market cap of $2 billion and a market rank of #52. But it also presents a unique value here so that puts it on the list. 
Sui had a good last 12 months with an ROI of 12%. This is much better than most alts held up in the market. But as with all alts in the market lately, the last couple of months have been unkind. Sui is down almost 60% in the last 90 days and 19% in the last 30 days. But Sui is only getting better. That tells us they are down due to market sentiment and nothing project-specific. 
<img decoding="async" class="wp-image-144659 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/cxvfdgfgdtthjy-283x300.jpg" alt="" width="440" height="467" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/cxvfdgfgdtthjy-283x300.jpg 283w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/cxvfdgfgdtthjy.jpg 394w" sizes="(max-width: 440px) 100vw, 440px"> 
<h6 style="text-align: center;">Source: <a href="https://x.com/Dynamo_Patrick/status/1760736289035571277" target="_blank" rel="noopener">X</a></h6> 
If you look lately, Sui is doing great. It has tremendous community loyalty with a <a href="https://x.com/chain_broker/status/1805603759784943780" target="_blank" rel="noopener">higher staking %</a> than even Cardano has. Their <a href="https://x.com/SuiNetwork/status/1804244651584745866" target="_blank" rel="noopener">new subnames</a>, as part of their Sui Name Service, will help with establishing and protecting digital identities. They also absorbed the selling pressure from a big token unlock earlier this spring, and they are doing fine. 
<h5>More About Sui</h5> 
Sui even has a new round of Academic Research awards and grants going on right now. There’s $500,000 worth of Sui set aside for the winners, too. There’s a ton going on at Sui And thanks to it and Aptos, there is more adoption for their <a href="https://sui.io/move" target="_blank" rel="noopener">Move programming language</a> every day. It’s going to make protocol interactions and NFTs easier to use and safer than ever before. 
<img decoding="async" class="wp-image-144660 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vxfdggfdg-300x202.png" alt="" width="440" height="296" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vxfdggfdg-300x202.png 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/vxfdggfdg.png 389w" sizes="(max-width: 440px) 100vw, 440px"> 
<h6 style="text-align: center;">Source: <a href="https://x.com/SuiNetwork/status/1805784043734311175" target="_blank" rel="noopener">X</a></h6> 
All the fundamentals for the <a href="https://www.coingecko.com/en/coins/sui" target="_blank" rel="noopener">SUI token</a> say bullish. So use this 60% drop in the last 3 months wisely. This is a good entry price. And when you are ready,&nbsp; a great place to go buy Sui at these prices is CoinEx. CoinEx is probably the best exchange you’ve ever heard of. They offer high-quality coins you want, like the 3 mentioned today. 
Just for signing up with this link, you get up to 100 USDT to help get your account going.&nbsp; So click the <a href="https://bit.ly/Coinex_Bonus" target="_blank" rel="noopener">link</a> today and give CoinEx a try. 
<h5>2) Akash (AKT)</h5> 
From mid-2022 until about 3 months ago in March 2024, <a href="https://akash.network/" target="_blank" rel="noopener">Akash</a> was nothing short of a market darling. Everyone loved her and everyone was making $$. From a low in June 2022 of 20.6 cents, <a href="https://www.coingecko.com/en/coins/akash-network" target="_blank" rel="noopener">AKT</a> did a 30x to over $6 in that time. WOW. But if you blinked, you may have missed that Akash is suffering now the way most alts are. From that recent high in March, AKT is down almost 50% to $3.17. 
<img decoding="async" class="wp-image-144662 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/cvxsdfhyjuyi-296x300.png" alt="" width="446" height="452" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/cvxsdfhyjuyi-296x300.png 296w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/cvxsdfhyjuyi.png 391w" sizes="(max-width: 446px) 100vw, 446px"> 
<h6 style="text-align: center;">Source: <a href="https://x.com/akashnet_/status/1805254571666649574" target="_blank" rel="noopener">X</a></h6> 
But here’s the thing. The fundamentals haven’t changed. The need for powerful NVIDIA chips like the H100 and A100 is only growing from here. We’ve talked about in many other scripts how all AI from ChatGPT to wrapper apps to AI altcoins ALL need these <a href="https://akash.network/gpus/" target="_blank" rel="noopener">GPU chips</a> to power their computations. Do you think ChatGPT or Claude or Midjourney or whichever app is your favorite will get more popular or less over the next 2 or 3 years? 
It will get more popular. So demand for Akash’s GPU marketplace is strong and growing. Yet, we have a 50% discount from just 3 or 4 months ago. A buying opportunity. 
<h5>3) Astar (ASTR)</h5> 
Last, for today we have Astar. <a href="https://astar.network/" target="_blank" rel="noopener">Astar</a> is one of the altcoins in the Polkadot ecosystem. Its goal is interoperability. Astar enables multi-chain smart contracts. This means using smart contracts in Polkadot, but also in EVM. The only major ecosystem of smart contracts they don’t have integrations with is Cosmos and their version of Web Assembly CosmWASM.&nbsp; 
Astar uses Polygon’s zkEVM to maintain compliance and compatibility with Ethereum and the EVM.&nbsp; More importantly, by connecting to Polygon’s Agg Layer, dApps that use Astar smart contracts can access more ETH liquidity than many other protocols out there. Better liquidity means better pricing for trading or DeFi apps. Unlike many altcoins, Astar has had a good last 12 months. It’s up 47%. That’s even with the terrible run most alts have been on in the last few months. 
<img decoding="async" class="wp-image-144665 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/cvxfdfgdfssdwweretrytuy-300x283.jpg" alt="" width="508" height="479" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/cvxfdfgdfssdwweretrytuy-300x283.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/cvxfdfgdfssdwweretrytuy.jpg 390w" sizes="(max-width: 508px) 100vw, 508px"> 
<h6 style="text-align: center;">Source: <a href="https://x.com/AstarNetwork/status/1808163364763492419" target="_blank" rel="noopener">X</a></h6> 
Over the last 90 days, <a href="https://www.coingecko.com/en/coins/astar" target="_blank" rel="noopener">ASTR</a> is down 60% and over the last 30 days, it’s down 24%. Yet we know most of you believe as we do. The future is multi-chain. So protocols like Astar help make that happen. And as I said earlier, Astar and all 3 coins in today’s video are available to trade on CoinEx. 
CoinEx is probably the best exchange you’ve ever heard of. Like other Tier 1 exchanges, they offer lots of coins. But especially, the high-quality coins you want, like the 3 mentioned today. Just for signing up with <a href="https://bit.ly/Coinex_Bonus" target="_blank" rel="noopener">this link</a>, you get up to 100 USDT to help get your account going. So, click the link today and give CoinEx a try. 
<a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="alignnone size-large wp-image-123701" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-1024x127.jpg" sizes="(max-width: 696px) 100vw, 696px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1.jpg 1197w" alt="" width="696" height="86"></a> 
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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. This article has been sponsored by Sui. Copyright Altcoin Buzz Pte Ltd. 
The post <a href="https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/top-3-mid-cap-altcoins-to-explode-in-2024/">Top 3 Mid-Cap Altcoins to Explode in 2024</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.

Top 3 Mid-Cap Altcoins to Explode in 2024

Altcoin Buzz

Alte articole publicate pe 3 iul. 2024

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