AltCoin

<h4>Today, I’ve got something massive for you. The summer months have been slow, and we have the German sell-off and Mt. Gox billions to thank for this market dip.</h4>Most altcoins are down 30%, even 40%. But we see this as a gift from the crypto gods. It’s a golden opportunity to get in at lower prices and prepare our accumulation list. In this video, we’ve got three altcoins with massive potential. And getting them now in this market condition would mean getting them at a steal. So, let’s look at our list. And get ready to ride the wave when the market bounces back!1) Fetch (FET)Alright, first on our list of these altcoins is <a href="https://fetch.ai/" rel="noopener noreferrer nofollow">Fetch</a>, the new Artificial Super Intelligence (ASI) token. SingularityNET, Fetch.ai, and Ocean Protocol announced a <a href="https://fetch.ai/blog/navigating-the-asi-token-merger-a-comprehensive-guide" rel="noopener noreferrer nofollow">merger</a> a few weeks ago. It’s like three tech superheroes joining forces to dominate the AI crypto market. So, these guys are teaming up to create open, decentralized AI networks. The merger will happen in two phases:<ul><li>AGIX and OCEAN will merge into FET on the Ethereum blockchain.</li><li>All 3 of them will emerge as the new ASI token by mid-July.</li></ul>Source: <a href="https://x.com/SingularityDAO/status/1813512077568352685" rel="noopener noreferrer nofollow">X</a>There’s huge potential in this ecosystem. We are looking at an ecosystem potentially worth $7.5 billion and growing. This means we could see ASI as one of the top 20 cryptocurrencies in the world.  ASI will power a decentralized AI network. It would enable users to access and contribute to AI services without relying on big tech giants. It’s like a marketplace or public library of AI tools. Anyone can borrow or contribute.Now, why is this a great time to get in? The <a href="https://www.coingecko.com/en/coins/artificial-superintelligence-alliance" rel="noopener noreferrer nofollow">FET token</a> had its all-time high of $3.47 back in March, but it’s currently trading at $1.31 – that’s a 62.2% discount from just four months ago. So, buying FET now means you’re getting in at a serious bargain!Source: <a href="https://x.com/Fetch_ai/status/1810241869743337482" rel="noopener noreferrer nofollow">X</a>The merger will shake things up in the AI space. The ASI ecosystem could become the go-to platform for businesses seeking AI solutions. ASU could become the biggest AI marketplace. So, getting FET now could be a smart move for your portfolio.2) SUIThe next on our list on these altcoins is a project we’ve talked about often. I’m talking about the <a href="https://sui.io/" rel="noopener noreferrer nofollow">Sui Network</a>. Sui is a layer1 chain that focuses on speed and scalability. This means lower fees and quicker confirmations.Sui is an innovative project with brilliant minds behind it. They are constantly updating and improving the platform, keeping it ahead of the game. Their recent <a href="https://www.altcoinbuzz.io/cryptocurrency-news/suis-mysticeti-revolutionizing-blockchain-speed/" rel="noopener noreferrer nofollow">Mysticeti upgrade</a> will make Sui the fastest blockchain. This comes in pretty handy for DeFi and gaming applications.Source: <a href="https://x.com/SuiNetwork/status/1810762531524464710" rel="noopener noreferrer nofollow">X</a>Sui has huge potential. Developers can leverage Sui’s modular design and smart contracts to build apps that are both secure and scalable.Sui has a friendly interface. So, it reduces a significant barrier to Web3 adoption. Sui isn’t in the spotlight as it was last year. And that’s no fault of it. The team has been building behind the scenes. We think Sui is going to be one of the big players in the coming bull run:<ul><li>They have one of the fastest-growing DeFi ecosystems. And design makes it easy for developers to build. So, we could see more activities within this ecosystem. Also, <a href="https://defillama.com/chain/Sui" rel="noopener noreferrer nofollow">Sui’s TVL</a> of $547m means DeFi activities aren’t low there.</li><li>Sui has significant potential within the NFT market and gaming space.</li></ul>Source: <a href="https://x.com/SuiNetwork/status/1813318714735132934" rel="noopener noreferrer nofollow">X</a>So, the future certainly looks bright for this one. But, the good news is you can snap SUI at a discount of over 62% if you buy right now. <a href="https://coinmarketcap.com/currencies/sui/" rel="noopener noreferrer nofollow">SUI</a> currently trades at $0.803. This means it’s about 62.71% off its ATH of $2.18 in March. Sui is available on some of the top exchanges. So, you shouldn’t have a problem getting it.3) Optimism (OP)The last on our list of these altcoins takes us to Ethereum layer2s. <a href="https://optimism.io/" rel="noopener noreferrer nofollow">Optimism</a> is one of our favorite layer 2 projects. Optimism improves Ethereum’s scalability using Optimistic Rollups to ensure high throughput. And cheap transactions. Optimism is a powerhouse with a throughput of around 4,000 transactions per second (TPS). That means it is 26 times faster than Ethereum’s mainnet!Source: <a href="https://x.com/Optimism/status/1813204945597850060" rel="noopener noreferrer nofollow">X</a>Here’s the best part: it reduces fees by around 90%. Optimism is fully compatible with the Ethereum Virtual Machine (EVM). This means developers can effortlessly transition their existing Ethereum-based apps to Optimism with minimal tweaks. There’s also lots of ecosystem support for Optimism. Lots of NFT marketplaces, DAOs, and <a href="https://defillama.com/chain/Optimism" rel="noopener noreferrer nofollow">DeFi protocols</a> embrace Optimism.Optimism has a significant developer community, with 98 core developers. This is more than other layer2s like Base and Arbitrum. Optimism’s tech stack is behind BNB’s Layer 2 opBNB and the popular Base Layer 2.Source: <a href="https://x.com/Optimism/status/1812155610437419105" rel="noopener noreferrer nofollow">X</a>We believe Ethereum layer2 will see heavy activities in the coming bull run. And Optimism is one of the standout projects in this market. <a href="https://coinmarketcap.com/currencies/optimism-ethereum/" rel="noopener noreferrer nofollow">OP</a> hit a new all-time high in March of around $4.85. Now, it trades at $1.85. This means you can get it now at a discount of about 62%. This number is sure to double once market conditions improve.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/f12207f46d2245178b5091f8831e5a1d.jpeg" />DisclaimerThe 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.<ul><li>TAGS</li><li><a href="https://www.altcoinbuzz.io/tag/altcoins/" rel="noopener noreferrer nofollow">altcoins</a></li></ul>

3 Undervalued Altcoins Under $1

Altcoin Buzz

Alte articole publicate pe 25 iul. 2024

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