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Crypto Analysts are Saying These Altcoins Have Huge Potential – Here’s Why

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Trent Rhode / Midjourney AI

After reaching impressive heights in late 2021, the world’s largest cryptocurrency, Bitcoin, experienced a steep decline, falling from a record-breaking high of $69,044.77 in November 2021 to $16,400 in November 2022. 

This significant drop of over 76% was attributed to a number of factors, including the collapse of FTX, related bankruptcies in the industry, and growing concerns over regulations. Despite these challenges, many analysts remain optimistic about the future of cryptocurrencies and their potential for growth. So, what are some of the best altcoins to buy with this in mind?

The Case for a Continued Crypto Bull Run and Best Altcoins to Buy

First, let’s look at the potential of crypto markets. As one example of the potential for crypto markets to continue growing, a recent survey conducted by the deVere Group, a leading financial consulting firm, found there may be a growing interest in cryptocurrencies among wealthy investors. 

The survey, which included 560 high net worth individuals from various regions, including Europe, North America, Asia-Pacific, Africa, and South America, found that 82% of millionaires with assets ranging from £1 million to £5 million (USD $1.23 million to USD $6.16 million) sought advice on cryptocurrencies in the past 12 months.

According to the CEO and founder of the deVere Group, Nigel Green, the current rally in Bitcoin could very well continue, driven by hopes that inflation has peaked and monetary policies are becoming more favorable.

“Bitcoin is on track for its best January since 2013 based on hopes that inflation has peaked, monetary policies become more favourable, and the various crypto-sector crises, including high-profile bankruptcies, are now in the rear-view mirror,” said Green.

Green believes that the significant crypto market growth in January will not go unnoticed by high net worth clients and other individuals who are always looking for top performing assets.

The crypto market’s optimism so far this year may also be due to the recent entry of institutional investment. Traditionally conservative finance companies, including JPMorgan and Fidelity, have begun offering crypto-related services, indicating a growing acceptance among mainstream finance.

An analysis conducted by PwC in June 2022 further supports this trend, as nearly one-third of the 89 hedge funds surveyed had already invested in digital currencies such as Bitcoin.

The technology behind cryptocurrencies, blockchain, has a wide range of potential uses beyond just digital currencies as well. From supply chain management to voting systems, blockchain has the potential to greatly impact and transform multiple industries, providing new growth opportunities for both the technology and its related cryptocurrencies.

Know the Risks, Avoid Frauds, Invest Wisely

Making wise investments is not as simple as throwing money into any available digital asset being hyped up on Twitter. There are several crucial aspects to consider before investing.

The first step is to be aware of the risks involved. The crypto market is highly unpredictable, and it’s essential to be prepared to potentially lose the funds you invest. Only invest money that you don’t need and that you can lose with minimal emotional distress.

Next, conduct thorough due diligence on the projects you’re interested in. Verify the compliance of the projects with legal regulations and the trustworthiness of the teams behind them. Invest only in projects that are legit and have a strong reputation.

Another important aspect to consider is the real-world applications of the project. The value proposition of the project should be assessed to ensure that it provides practical solutions to existing issues, rather than simply tying to capitalize on trends without delivering actual value. A project’s ability to tackle real-world problems has a significant impact on its long-term success and potential returns on investment.

For those who are seeking high ROI, presales of cryptocurrencies can be a good option. Presales offer the potential for great returns, but only with informed investment decisions and thorough vetting of the projects. Ensure that the projects you invest in meet the criteria mentioned above, and you have a clear understanding of the risks involved.

Crypto analysts recommend several digital assets that meet these criteria and are soem of the best altcoins to buy. Some options include MEMAG, FGHT, CCHG.

Meta Masters Guild (MEMAG) to Master Web3 Gaming

Meta Masters Guild, an in-development Ethereum-based play-and-earn gaming platform, is gaining attention with its current presale reaching over $2.2 million raised. With only 2 days left before it enters its fifth stage of the seven-stage offering, the presale is likely to sell out, providing a limited window for interested parties to obtain MEMAG before it lists on exchanges.

The rapid growth of the presale can be attributed to positive word-of-mouth, with some 24-hour periods seeing over $100,000 raised. Investors can participate in the sale by visiting the official Meta Masters Guild website and using Wallet Connect or MetaMask wallets to purchase MEMAG using ETH or USDT.

Meta Masters Guild holds massive promise as a blockchain-based gaming platform focused on creating games that people want and getting input on game direction from users while allowing them to truly own their game assets. Its first game Meta Kart Racers set to launch in the third quarter of the year.

The platform aims to develop fun and rewarding games to cultivate a sustainable community of gamers, with its titles incorporating play-to-earn features and online multiplayer elements. The native MEMAG token will serve as both a governance and utility token, with a fixed maximum supply of 1 billion, potentially becoming deflationary as demand increases.

Meta Kart Racers will be a free-to-play racing game available on iOS and Android devices and will feature solo arcade mode and online player-versus-player options. Players will be able to spend MEMAG on rare in-game items and upgrades, and potentially win rare NFT-based characters. The game is being developed by blockchain-based studio Gamearound and Meta Masters Guild has already formed partnerships with other development firms as well.

With over 21,000 followers on Twitter, despite not even launching yet, Meta Masters Guild shows potential to become a major player in the blockchain gaming industry.

Visit Meta Masters Guild Now

Fight Out (FGHT) Fights for Your Fitness

Fight Out is a new company that is aiming to transform the fitness industry by utilizing the latest in Web3 and M2E (move-to-earn) technologies. This innovative approach is a response to the high turnover rate that traditional gyms experience, with roughly 50% of new members quitting within the first six months of joining. A lack of motivation, community, and personalization are among the primary reasons cited for this.

Fight Out is addressing these challenges by offering a comprehensive solution that includes a unique NFT avatar that represents the user’s fitness profile, and a REPS token rewards system. These tokens are earned by completing workouts, either at home or in a gym, and can be redeemed for discounts on app subscriptions, gym memberships, personal training sessions, and merchandise such as supplements, training equipment, and apparel.

The company also plans to open physical gyms around the world, with the first set to launch in the fourth quarter of 2023. These gyms will feature state-of-the-art equipment and services, as well as Web3-integrated features such as ‘mirrors’ that display the user’s digital fitness profile and sensors that track progress. By offering a sense of community, personalization, and a focus on measurable goals, Fight Out is poised to become the next big thing in the fitness industry.

UFC stars Amanda Ribas and Taila Santos, as well as former WBO middleweight champion Savannah Marshall, among others, have joined Fight Out’s team of ambassadors. This celebrity clout, along with their innovative concepts, has led the presale of the FGHT token to raise $3.76 million so far, making it one of the best altcoins to buy.

Visit Fight Out Now

C+Charge (CCHG) Charges Up for Big Launch

C+Charge, a blockchain-based peer-to-peer payment system for EV charging stations, is leading the way in solving problems faced by electric vehicle (EV) owners. Its use of secure smart contracts enables quick access to available charging stations and straightforward payment directly from crypto wallets, without any extra fees or delays compared to conventional methods.

EV drivers know all too well the issues of high fees, limited accessibility to charging stations, a lack of transparency, and payment insecurity. C+Charge provides a solution to these issues, allowing cheaper and offering a searchable database for finding stations, displaying all charging information openly, and providing real-time updates with the security of blockchain technology.

Through collaborating with Flowcarbon, the company offers tokenized carbon credits as Goodness Nature Tokens ($GNT), thus making it simpler for drivers to switch over to electric vehicles and cut down emissions. By using the app, managers of buildings can also monitor energy utilization from each EV individually, which promotes landlords and companies to install charging stations.

You can currently purchase CCHG tokens for $0.013 USDT during the C+Charge presale. However, there will three more stages in which token prices gradually climb to a maximum of $0.02350, making C+Charge one of the best altcoins to buy right now before prices rise.

Visit C+Charge Now

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US National Debt Reaches a Record of $33 Trillion: Economic Crisis in Perspective

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The US National Debt has reached a new historic milestone by surpassing the astonishing figure of $33 trillion, according to the most recent fiscal reports. This dizzying increase occurred in less than a year since the debt limit was set at $31.41 trillion in January 2023. This article will analyze the factors behind this unprecedented increase, the role of the debt ceiling, and the implications this has for the American and global economy.

A Limit That Is Constantly Challenged

The debt ceiling is a limit imposed to control how much the U.S. Treasury can actively borrow. It is a crucial tool for maintaining fiscal balance, but throughout history, it has been raised on more than 100 occasions, raising questions about its long-term effectiveness.

Driving Factors of the US National Debt

Several factors contribute to this escalation of the national debt. The response to the COVID-19 pandemic and the assistance provided to Ukraine are significant elements. Additionally, inflation is on the rise, with the United States Consumer Price Index (CPI) reaching a concerning 3.7%. These elements have put pressure on national finances.

The Challenge of Avoiding a Government Shutdown

The United States faces pressure to avoid a government shutdown, as there are only seven legislative days to make crucial decisions. A Defense Appropriations Bill is pending and is considered essential to ensure long-term government funding. However, a collective effort is still required to prevent both a government shutdown and a crisis of the U.S. National Debt.

The Political Perspective

House Minority Leader Hakeem Jeffries points out that the responsibility lies in the hands of the Republicans, but the fight to alleviate the debt burden on American citizens continues. His focus includes pursuing measures that make life more affordable for citizens, cost reduction, creating better-paying jobs, and strengthening communities, among other objectives.

In Conclusion…

The US National Debt has surpassed $33 trillion, marking a historic record and posing significant economic challenges. The decision to raise the debt ceiling once again and the measures taken to address this growing crisis will have a lasting impact on the United States’ economy and its global influence. Time will tell how this situation is resolved and what measures are taken to ensure financial stability in the future.

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These 3 AI Crypto Coins are Bullish in 2023 – Render, Fetch.ai, yPredict

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ai crypto, bitcoin price, bearish market
Image by Gerd Altmann from Pixabay

The influence of artificial intelligence (AI) on various sectors is no longer news, and the crypto industry is no exception. In the crypto market, the impact of AI is becoming increasingly evident. AI-centric projects are creating a ripple effect that is influencing the value of their associated cryptocurrencies. Among the multitude of AI-driven initiatives in the crypto space, projects like Render, Fetch.ai, and yPredict are making their presence felt.

As the broader crypto market faces challenges, with Bitcoin struggling to maintain its price above the $25,500 mark, these AI crypto projects offer a glimmer of stability. They present use-cases that extend beyond mere speculation, integrating technological advances into functional, real-world applications. 

In a market where many alt coins are finding it hard to sustain their price, these AI-focused tokens offer a promising avenue for future growth. Their impact is not just limited to the crypto market; they have the potential to drive advancements across various sectors, from entertainment to finance and beyond.

Visit yPredict Here

The Rendering Revolution: What Makes Render a Noteworthy AI Crypto Project

Render focuses on providing solutions for GPU-based rendering. The project makes the complicated process of converting 2D or 3D computer models into lifelike images more accessible. By allowing people to use their idle GPUs to complete rendering tasks, the platform democratizes the cloud rendering process.

The project was founded by Jules Urbach, who is also known for founding OTOY, a company specializing in cloud rendering services. Another key player in the project is Ari Emmanuel, who currently serves as the co-founder and co-CEO.

According to their distribution plan, 25% of the native Render Token (RNDR) is open to the public, 10% is being kept in reserve, and the remaining 65% is set aside for network operations. The RNDR token plays a central role in the platform’s economy, as it is used to pay for rendering and streaming services.

A recent blog post by the Render team outlined the primary use cases of the RNDR token. These include protecting rights, monetizing content, and empowering individual creators. Users who offer rendering services on the platform can earn RNDR tokens, which can be bought, sold, and held as an investment on various crypto exchanges.

The Automation Advantage: Fetch.ai’s Role in the AI Crypto Sector

Fetch.ai is another player in the AI crypto arena, simplifying daily tasks through AI and blockchain. The platform uses something called a ‘digital twin,’ a virtual bot that represents you and can perform tasks like comparing flight prices across different websites.

These digital twins can also learn and share experiences with each other. For example, if you want to plan a vacation similar to one your friend enjoyed, the digital twins can negotiate the details, sparing you the need for exhaustive research.

Fetch.ai is not just for personal tasks; it’s also finding a role in decentralized finance (DeFi). Within the crypto market, it can identify tokens that are cheaper on one exchange than another and execute purchases on your behalf.

The native token of the platform, FET, serves multiple purposes. It fuels the internal economy of the platform and is used to access various services. Staking FET tokens not only earns interest but also grants users a say in the platform’s future. Requiring FET tokens to deploy a digital twin acts as a safeguard against spam and malicious bots.

yPredict: A New Chapter in AI-Driven Crypto Analysis

While yPredict is still in its presale stage, it has already attracted a significant amount of interest. The platform has raised over $3.81 million of its targeted $4.6 million, with each YPRED token priced at $0.1. Built on the Polygon Matic chain, yPredict will work with YPRED tokens that have a multitude of uses within the platform.

One of the main features of yPredict will be its prediction marketplace. Here, financial data scientists can offer their predictive models as a subscription service. Traders can then subscribe to these models using YPRED tokens, gaining access to valuable trading signals and forecasts. The setup allows data scientists to monetize their predictive models without having to manage trading operations.

In addition to the prediction marketplace, YPRED tokens will be used for other functions, like analyzing various cryptocurrencies and gaining access to data-driven insights. Token holders can also stake their tokens in high-yield pools, which derive their liquidity from 10% of each new user’s YPRED deposit.

Understanding yPredict’s tokenomics will be important for those who plan to use the platform. The total supply of YPRED tokens is set at 100 million, with 80 million allocated for the presale. The remaining tokens are reserved for liquidity and development purposes. 

Beyond their utility in the marketplace, YPRED tokens will allow holders to participate in voting processes, contributing to the decision-making within the yPredict ecosystem.

yPredict plans to offer more than just price predictions. The platform will also feature a range of analytical tools, including pattern recognition, sentiment analysis, and transaction analysis. These tools will automatically detect chart patterns, analyze news and social media content related to the asset under consideration, and generate useful data-driven insights.

Adding to its trading focus, yPredict is also developing an AI-powered backlink estimator. The tool is trained on over 100 million links and will predict the backlink profile needed for a site to rank for a specific keyword. 

Initially launched as a free preview, the feature received over 5,000 requests within the first 24 hours. It’s now available to the public at a price of $99 per query, according to a recent tweet from yPredict’s official account.

In summary, as the crypto market faces uncertainty, AI-driven projects like Render, Fetch.ai, and the soon-to-be-launched yPredict offer a glimpse of stability and practical utility. These platforms are not just about speculation; they work to solve real-world problems, extending their influence beyond the volatile crypto market.

Visit yPredict Here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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Bitcoin Price Prediction as Crypto Market Selling Continues – What’s Going On?

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Amid a continued selling trend in the crypto market,  Bitcoin‘s value experiences notable fluctuations. As of now, the live price of Bitcoin stands at $25,090, with an impressive 24-hour trading volume of $14.7 billion. 

However, despite its market dominance—reflected in its #1 ranking on CoinMarketCap—Bitcoin has seen a dip of nearly 3% in the past 24 hours. 

The currency’s live market capitalization is a whopping $488.83 billion, and out of its maximum supply of 21 million BTC coins, 19,482,656 BTC are currently in circulation. 

The pressing question on everyone’s mind is: What’s causing this market upheaval?

Bitcoin Price Prediction 

Delving into the technical analysis of Bitcoin, it is evident that the premier cryptocurrency has recently witnessed a stark downturn.

Specifically, it has breached a significant triple bottom support at the $25,400 level—a benchmark that had been underscored by the triple bottom pattern visible on the 4-hour timeframe. 

The presence of the “Three Black Crows” candlestick pattern on this same timeframe further augments the prospects of a continued bearish trend.

Presently, Bitcoin is navigating the oversold territory. Oscillator indicators, like the Relative Strength Index (RSI), are lingering below the 30 mark, which typically suggests seller exhaustion. 

Such a dynamic often paves the way for a brief bullish correction prior to a potential resumption of the downtrend. Concurrently, the Moving Average Convergence Divergence (MACD) indicator has entrenched itself in the sell zone, with histograms forming below the zero line—another beacon of bearish sentiment. 

The 50-day Exponential Moving Average (EMA) is positioned around $25,500, and with Bitcoin currently priced at approximately $25,200, and consistently trading below the 50 EMA, the bearish bias remains robust.

Bitcoin Price Chart – Source: Tradingview

From this technical analysis point, Bitcoin is poised to encounter resistance around the $25,400 level. 

A modest bullish correction up to the $25,600 level might merely be a precursor to a deeper dive, potentially targeting the next support level at $24,800. 

If Bitcoin was to decisively undercut the $24,800 level, the subsequent support is anticipated around the $24,000 mark. It’s also worth noting a descending trend line, currently posing as a significant barrier around the $25,600 mark. 

However, should Bitcoin muster a bullish breakout above this line, the gates might open for a rally towards the $26,400 level or even as high as $46,000.

In summation, the $25,600 level emerges as a critical juncture, likely serving as today’s pivotal point in the trading landscape.

Top 15 Cryptocurrencies to Watch in 2023

Get ahead of the game in the world of digital assets by checking out our carefully curated selection of the top 15 alternative cryptocurrencies and ICO projects to watch for in 2023. 

Our list is compiled by industry experts from Industry Talk and Cryptonews, so you can expect professional recommendations and valuable insights for your cryptocurrency investments. 

Stay updated and discover the potential of these digital assets.

Find The Best Price to Buy/Sell Cryptocurrency

Cryptocurrency Price Tracker – Source: Cryptonews

Disclaimer: Cryptocurrency projects endorsed in this article are not the financial advice of the publishing author or publication – cryptocurrencies are highly volatile investments with considerable risk, always do your own research.

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