The US SEC’s target is crypto. 2 major lawsuits in one week: Binance and Coinbase. Also, Binance.US has delisted many tokens. Yet Bitcoin and Ethereum react little to it. On the other hand, altcoin projects have been under pressure. Some tokens are down 90% from their all-time highs. According to analyst Stu L, this means that some projects have a better purchase price. The analyst examines 5 projects he calls ‘great slump jewels’.
First altcoin: Fetch.ai (FET)
We talked a lot about Fetch when we covered our favorite AI projects. Fetch uses both artificial intelligence and machine learning so its bots (agents) can learn. This means they don’t need a central figure like ChatGPT does with OpenAI. OpenAI stores all the data it learns about you with every command you give. And who knows how they will use it?
You can use an existing tool or create your own for the tasks you want to automate with Fetch. And when you do, you pay in FET.
How much did it drop from ATH?
The FET token hit an all-time high of $1.17 in September 2021. Again at or near the peak of the bull market. FET, which has since dropped 80% since then, is now trading at 23.1 cents. So a simple 3x takes us back to an all-time high again. Fetch and other quality AI tokens are likely to be an important crypto story in the years to come.
Second altcoin project: Oasis Network (ROSE)
Oasis is the leader in one of our favorite narratives: Stealth. Not surprisingly, if this is the start of real repression, then Americans in particular will be more concerned with privacy. And it won’t be just Americans who want privacy. Among our favorite privacy picks, Oasis is one of the best deals for privacy.
How much did it drop from ATH?
Oasis is one of the top privacy picks because of how low it is from its all-time high. Unlike some other favorites like Secret or Aleph Zero, Oasis is down 91% from its all-time high of 59.7 cents in January 2022. It is currently at 4.99 cents. So there will be a tremendous ROI of more than 10x just to get back to the old top. And it can grow even more from there. Given ROSE’s current market cap of $250 million and its efforts to bring privacy to EVM applications, there’s no reason why it shouldn’t go 100x to being a $25 billion project.
Third cryptocurrency: Morpheus Network (MNW)
Third comes Morpheus Network today. Morpheus brings together Blockchain and supply chain. Here are some of Morpheus’ key integrations that will help bring Blockchain to the supply chain industry:
- FedEx
- DHL
- Salesforce.com
- Oracle
- Ripple for blockchain deal.
We are watching closely to see if the global supply chain can be automated using Blockchain.
How much did it drop from ATH?
Morpheus’ token hit an all-time high of $5.46 in November 2021. I know you remember that time. This was the peak of the last bull market.
The fourth-ranked altcoin: Ordinals (ORDI)
ORDI is the first and largest BRC-20 token project. Ordinals allow people to easily write their image on a satoshi instead of having to be more technical. People don’t have to worry about running their own nodes or verifying that the text is on the correct satoshi. Also, the process is now easier for those with collections like the famous DeGods to publish a collection on Bitcoin.
Also, if the SEC were to truly crack down on crypto, all activity in and around Bitcoin would increase. That’s all they say is 100 percent a commodity, not a security.
How much did it drop from ATH?
About a month ago, ORDI hit an all-time high of $28.52. There has been a lot of action in a month as it is currently down to $7.57. So a sweet 3 floors to get back to that old top. Also, if you believe in Ordinals or NFTs in Bitcoin, this is the most important coin you should buy to support that belief.
Latest cryptocurrency: Astar Network (ASTR)
Primer is a major altcoin project on Polkadot. As many of you know by now, Polkadot is all about interoperability. Because it is possible to work between many Blockchains. Primer is working towards this interoperability goal by trying to bring WASM chains to Polkadot. WASM, which is Web Assembly and most used in Cosmos, is the 2nd most popular compatibility system.
While Ethereum’s EVM is by far the most popular, WASM is gaining ground. Blockchains and protocols working to move any asset on any Blockchain will need both. And Astar is a leader in bringing WASM to DOT.
How much did it drop from ATH?
Astar’s token hit an all-time high of 42 cents in January 2022. A little over a year ago. Today, the altcoin is trading at 4.1 cents. Again, there is a 10x opportunity to return to old highs that weren’t so long ago.
The opinions and estimates in the article belong to the analyst and are not investment advice. Before investing, cryptocoin.com We strongly recommend that you do your own research.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.