In a new Youtube video, Joe Parys, a cryptocurrency expert, talked about altcoin projects that he thinks could create millionaires in 2022. Parys’ list includes ApeCoin (APE) and THORChain (RUNE). However, before we start the article, it is worth emphasizing that these are only the opinions of the analyst and there are no guarantees that the predictions can come out. Here are the details…
Joe Parys talked about APE, the most notable altcoin project these days
cryptocoin.com As we have also reported, the most notable altcoin these days is ApeCoin (APE). ApeCoin is a token used in the APE ecosystem to empower and foster a decentralized community at the forefront of web 3. ApeCoin is owned by the ApeCoin DAO, a decentralized organization where each token holder votes on the management and use of the ecosystem fund.
All of these are based on one of the most popular NFT collections, the Board Ape Yacht Club. Many celebrities and big influencers have these NFTs and this is definitely one of the biggest projects out there. It is worth noting that 10,000 APEs (approximately $134,000) were airdropped to BAYC holders. This coin, which has seen a big bang, is listed on many giant exchanges, including Coinbase, Kraken, Binance, Uniswap, Kucoin. The volume is therefore growing exponentially and the trading volume is close to five billion dollars. According to the expert, if we see more benefits and people actually use that money, its value may increase.
Analyst bullish for THORChain too
The second altcoin that the analyst mentioned in the video is THORChain (RUNE). THORChain is a decentralized liquidity protocol. According to the analyst, RUNE price is moving sideways and managed to climb as high as $8-9. Its market value is about two billion dollars. So, according to the analyst, this may not be the altcoin that will help you get crazy numbers like 5x 10x, but he argues that if you are looking for something with a slightly lower value and at the same time moving upwards, RUNE can be looked at. The analyst also points to Chaosnet, which was recently launched by THORChain.
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