Some cryptocurrencies will lead the bull run. Everyone has an opinion on this matter.
But hot narratives still prevail. According to crypto expert Stu L from the Altcoinbuzz team, the 3 hottest narratives after Bitcoin will be infrastructure, gaming and artificial intelligence. In this context, the expert shares one of the best altcoins from each narrative.
First ranked altcoin: ChainLink (LINK)
The first choice is in the infrastructure field: Chainlink. Chainlink is a leader in the important field of oracles. Oracles bring off-chain information such as stock prices for on-chain use. $10 billion of the total $14 billion in this market comes from Chainlink. Link is up almost 110x from its all-time low. And CCIPs enable Blockchains to talk to each other more easily.
In a bull market, many new altcoin projects come online. Chainlink is also one of those who benefit from this situation. Every new smart contract project needs Chainlink, whether for CCIP or quality Oracle services. They need to get relevant information from off-chain to on-chain. These are the tools that all projects need.
LINK, Chainlink’s native token, is the #18 project by market cap in the industry. So it’s already a blue chip. One of the big kids. Let’s see what he’s been up to lately. In the past month, LINK has lost 12% of its value. However, in the last 3 months, the token has increased by approximately 25%. And it has performed well over the past year. LINK has increased by 146% in the last 12 months. That’s a great return on investment. Leading projects in leading, hot narratives are always the best bull market players. Chainlink is also a leader and we expect it to stay that way.
In second place is Avalanche (AVAX)!
The Avalanche are back. Fans will say they’re never gone, and native token AVAX is up 15x since its all-time low. However, they remained away from the public eye for a while. However, they continued to build and have some great new vehicles. First off, Core Wallet is one of the best native blockchain wallets we’ve seen. Avalanche is both faster and cheaper than Metamask for transactions. There is also Bitcoin support for Avalanche bridged BTC.b. It has other surprising features as well. Then we have 3 Blockchain architectures.
Sub-nets are becoming a big differentiator for Avalanche as well. Games in particular, but also RWA Blockchains, are finding a home on Avalanche subnets. Sub-nets You get Avalanche security so your development team can focus on improving the protocol. Here are some of the best that modular Blockchains have to offer.
AVAX is the number 11 altcoin project by market cap. So this is also a blue chip. Like Chainlink. AVAX token increased by 8.4% last month. In the last 3 months, AVAX has increased by almost 30%. And over the last 12 months, Avalanche has seen a massive 173% increase.
Last ranked altcoin: Akash Network (AKT)
Yes, we talk about Akash often. It’s huge and is up 23x since its all-time low just a year ago. The project is super high quality. Look at how much rents have increased for GPUs. And guess what happened? It’s down 21% in the last 30 days. So you get great quality at a discount. Akash won’t be going anywhere for a while. It’s not just artificial intelligence. The most in-demand part of artificial intelligence. GPU hardware chips for AI computing.
Every project, whether it’s a successful product or not, needs a ton of computing power. And Akash provides infrastructure for AI with its GPU marketplace. Akash’s native token, AKT, is now also traded on Coinbase. This is a great opportunity for Americans to access AKT. Akash now trains his models as well. They’re not content with just being a GPU market. It is difficult to see negative scenarios around this project. Really.
That’s why the 21% drop in the last 30 days is surprising. However, Akash is up an eye-popping 1,300% in the last 12 months. But still, a great project that was $1 a month ago is now worth $0.80.
The opinions and predictions in the article belong to the expert and are definitely not investment advice. cryptokoin.com We strongly recommend that you do your own research before investing.
To be informed about the latest developments, follow us twitter‘in, Facebookin and InstagramFollow on and Telegram And YouTube Join our channel!