Altcoin Daily has released a video where he talks about six altcoins he believes could “go crazy”. The analyst specifically talks about Bitcoin (BTC), Ethereum (ETH), Tezos (XTZ), Fetch.ai (FET), Cardano (ADA), RSS3 and THORChain (RUNE). The analyst also explains why he believes the prices of these coins could rise. Here are the details…
Analyst lists altcoin projects that could explode
A recent video on the popular crypto YouTube channel Altcoin Daily was about Bitcoin and other altcoins in general, which the analyst believes could “go up wildly”. This price update, in particular, cryptocoin.com As we have also reported, the price of ETH is coming as it touched the $1,900 range for the first time since August 22. Altcoin Daily showed a chart detailing the path to alt season and noting that altcoins are in their cycle. He also shared his pick of the top six coins everyone should watch.
Besides Bitcoin, the second largest cryptocurrency is Ethereum, as well as Tezos. Tezos is a smart contract dApp platform that competes with Ethereum. Tezos recently collaborated with Google and also released the enshrined roll-ups on March 29, 2023. In Altcoin Daily’s list, the artificial intelligence-focused Fetch.ai ranks third. Fetch.ai provides access to AI technology through a permissionless network that allows individuals to connect and securely access datasets using autonomous AI.
Fetch.ai recently raised $40 million to deploy decentralized machine learning. Basically, the platform works on an execution layer of GPT models so that products like ChatGPT can connect messages to verifiable results.
What’s next on the list?
Cardano ranks fourth on the list as it poses a direct threat to Ethereum with its new EVM integration. ADA Blockchain has also emerged as one of the leading EVM chains in the cryptocurrency world. According to the details, ADA users can use any EVM contract directly from their wallet. RSS3 is in the fifth place of the list. RSS3 envisions being the decentralized information processor of Web3. RSS is a phenomenon that has been used on web2 forever. The developers stated in February that the project could take six to eight months to launch.
Finally, THORChain ranks sixth on the list as it has recently reached a new milestone with over 70,000 wallets. Rune is THORChain’s native token and with the lending feature coming soon, Rune burns will happen faster. It represents a multi-purpose token that supports all functions in the THORChain network and helps the protocol work. RUNE is used in governance, staking, validating nodes and trading.
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