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These Altcoins Are Like Buying Solana at $0.22
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Getting early in crypto is crucial. I’ve mentioned this plenty of times. Getting in early into crypto projects can give you massive gains.
For example, look at $SOL. If you managed to get $SOL at $0.02, and held on to it, you would be dancing to your bank, so to speak. That’s a 7,000x right there with the current $140 $SOL price. The $ETH price during its launch was $0.31. At the current price of $3,097 that’s another 9932x. So, you see, there are plenty of such examples. Well, I’m not going to promise you a similar gain, but here are three altcoins that can get you a 30x-50x gain. Which, given the current market conditions, isn’t bad at all.
1) Omni Network ($OMNI)
You’re all familiar with Ethereum Layer 2 protocols and their Roll-Ups, right? As you know, there are plenty of them out there. All these layer 2 protocols deal with Ethereum’s scalability issue. However, they are all isolated platforms. Now, in contrast, Omni Network is a Layer 1 chain. So, the natural question is, what does layer 1 have to do with Ethereum’s scalability? Here is something new that Omni Network is launching:
Source: X
Well, it’s a simple answer. Omni Network makes the Ethereum network interoperable. In other words, it wants to make Ethereum a single, unified system again. All L2 protocols have unique identities. So, developers can’t access all protocols. However, the Omni Network allows devs to build Dapps that can access all protocols. This includes all their liquidity and users. So, the devs can work with different rollups on the same platform.
So, speaking about their $OMNI token. Developers can pay all fees with this $OMNI token. That makes it easy to access and use all combined platforms.
Source: X
At the time of publishing this article, the current $OMNI price is $13.56 with a market cap of $140 million. There is a 100 million max and total supply of $OMNI. Out of these, 10 million $OMNI circulate.
2) Edu3Labs ($NFE)
Edu3Labs is a blockchain-based online education platform. It uses AI for this purpose as well. In case you know Udemy, well, Edu3Labs is like the Web3 version. It brings token holders, learners, and content creators together.
The platform aims to engage learners in a fun way. By adding AI, Edu3Labs can customize its content to a learner’s needs. When learning with Edu3Labs, you can also earn income. You only need to complete quizzes and courses. This is part of their Learn-and-Earn program.
Source: X
In the same vein, content creators also earn income. They can monetize their online content. That’s precisely how Web3 should be. What makes Edu3Labs stand out is, among others:
- NFT-based education.
- Decentralized learning.
- AI-powered personalization.
- Gamified learning.
- Incentivized learning.
- Future-proof learning.
Here is a good news for Edu3Labs:
Source: X
du3Labs has its native and deflationary $NFE token. Its current price is $0.0135. It has a market cap of $713,000. So, it’s really small! Out of the 900 million max supply of $NFE tokens, 52.5 million tokens circulate. You can find the $NFE token on Gate.io, MEXC, and Pancakeswap (BSC).
3) IO.net ($IO)
With io.net we’re in the DePIN sector. That’s currently one of the hottest sectors in crypto. Another big bonus is that io.net is a Solana-based project. With a Solana spot ETF in the making, this could take off. So, let’s take a closer look at what io.net does. It’s a decentralized AI computing & cloud platform. Sounds familiar? We covered quite a few such platforms already, like Render or Akash. So, what makes io.net stand out?
IO.net profiles itself as being better, faster, and cheaper. Centralized cloud providers are a lot more expensive. It may also take a few weeks before they deploy. On the other hand, you get instant access to the io.net network and its GPU. Don’t forget that AI has a growing demand for GPU. That’s why this sector should keep growing.
Source: X
ts native $IO token is currently up by 2.5% over the last 24 hrs. The current $IO price is $2.85 and it has a $269 million market cap. Out of the 800 million max and total supply, 95 million circulate. 6 The first big token unlocks aren’t due for another year.
4) ChainGPT ($CGPT)
With ChainGPT we enter another hot crypto sector, AI. ChainGPT is a decentralized platform. This is in contrast to the major players in this field, like Google or Microsoft. ChainGPT’s team designed its platform with crypto-related use cases in their minds.
It uses superior algorithms and, listen up, computational capabilities. Didn’t I just mention this when I talked about io.net? Its goal is to improve the Web3 environment for both users and companies.
Source: X
You can ask its chat feature any question about blockchain-related tech. It will answer with quick, accurate, and up-to-date information. Furthermore, it offers plenty of exciting features, such as:
- AI chatbot.
- AI NFT generator.
- Smart contracts generator and auditor.
- AI trading assistant
- Incubation and acceleration program for AI startups, and more.
ChainGPT also has its native $CPGT token. It’s a deflationary token. So, I like that a lot. Its current price is $0.16 with a market cap of $83.5 million. There’s a maximum supply of 1 billion and a total supply of 998 million tokens. 514 million tokens circulate. Over the last year, $CGPT is up by 72.5%.
So, are you familiar with these tokens? If so, which one is your favorite token and why? Or did I leave any token out that you like to see mentioned? Let me know in the comments.
Disclaimer
The 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. This article has been sponsored by Edu3Labs. Copyright Altcoin Buzz Pte Ltd.
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July 18, 2024 at 09:23AM
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