Expert: These are the 2 Altcoins That Will Make 5X in the Next Bull Run!

Recently, many cryptocurrencies have been launched in the industry. However, some have more potential, according to crypto expert Stu L. The expert says this is a perfect time to buy as people seem to be leaving the industry and no one cares anymore. In this vein, it shares 2 altcoins with 5X potential.

First altcoin: Akash Network (AKT)

Akash Network is betting on something very simple. The continued explosive growth of artificial intelligence. Do you think artificial intelligence will be more, less or the same part of our lives 3 years from now? After all, we see it growing every day. Writers and actors strike in Hollywood. Yes, one of the biggest problems with players strike, if you haven’t been paying attention, is the use of likenesses without their permission. And without artificial intelligence, this wouldn’t be a problem. Creators are doing more DIY work on written content, photos and images.

So what does all AI need? They need two things: data and computing power. What we’ve seen from OpenAI is that many people are willing to give up their data in versions 3.5, 3.5 turbo or 4.0 in exchange for the results they can get using ChatGPT. So artificial intelligence is pretty good with data.

What about computing power? In particular, AI rendering apps like Midjourney, Stable Diffusion, and DALL-E 2 (which you see playing in the background) need a lot of processing power to process those footage. By the way, the Render altcoin project takes its name from here. Yet most don’t have enough GPU or server processing power to run these applications consistently the way they need. This is where Akash shines.

More about Akash

Decentralized GPU computing. Users can buy and sell GPUs for AI or games, or any ‘normal’ processing power for storage or other needs. The GPU aspect is what makes it different from Filecoin, Storj or Arweave. Like NVIDIA, which provides GPUs for the legacy market and has done 4x since last October, it’s possible that Akash will become the decentralized Web3 provider of GPUs. In fact, Akash supports trading NVIDIA GPUs on its newly updated Supercloud, which it announced last week.

Akash was already shedding tears. However, as artificial intelligence grows, more will come. Meanwhile, the altcoin price has surged 180% over the past year. Its current price is 93 cents.

Second altcoin: Polkadot (DOT)

We know you’ve heard over and over how important interoperability is. And how we believe the future is multi-chain. We still believe this. And right now, we like Polkadot’s DOT token more, although there are several excellent ecosystems in this space, such as Cosmos. The biggest advantage of DOT over ATOM is token utility.

Cosmos is also a great altcoin project. But Polkadot has parachain auctions and crowdloans. Projects, their teams, and their fans have to get DOTs to earn one. And once they win, they have to lock in their DOT for 96 weeks. That’s almost 2 years.

More about Polkadot

This means that the parachutes we love like Moonbeam, Centrifuge and Axelar all hold DOT. And they probably will keep it for the foreseeable future. This is a great deal for teams. DOT’s high security is part of the price these teams pay for parachutes. Meanwhile, the altcoin is down 41% in the last 12 months. That’s why we have a great entry price to one of their best projects.

The opinions and predictions in the article belong to the expert and are definitely not investment advice. As Kriptokoin.com, we recommend that you do your own research before investing.