According to crypto expert Lawrence Mike Woriji, the Bitcoin rally is somewhere around the corner. The leading crypto is gearing up for an unprecedented rally. And as always, the spotlight is on Bitcoin. However, the expert says that the price of some altcoin projects will increase strongly after the BTC rally. In this regard, the expert shares 3 altcoins.
Leading altcoin Ethereum (ETH) ranks first
Many people think that Ethereum and Bitcoin are two big competitors. But this is not true. Instead, they share a complementary relationship. Historical data tells us that Bitcoin rallies often lead to a pumping in the price of ETH. Ethereum is the unofficial altcoin gatekeeper. When Bitcoin hits the air, Ethereum is often the first altcoin to dance to that music.
https://twitter.com/KlinkKols/status/1698704575568777281
Ethereum is the second largest cryptocurrency by market cap. And institutional investors are already showing interest in it. Most people consider Ethereum to be an old altcoin. This means that Ethereum, like Bitcoin, is a good long-term investment. We also believe there will be huge growth for some Dapps on Ethereum. So, it’s time to keep your eye on Ethereum.
The total #Crypto market cap excluding #Bitcoin and #Ethereum is in an accumulation area for the coming months that will trigger a bull run between 2024 and 2025.
Are you accumulating any #altcoins? pic.twitter.com/RgHLpCFli8— Bitcoinsensus (@Bitcoinsensus) September 6, 2023
In second place is Oasis Network (ROSE)
Oasis is one of our favorite privacy crypto projects. It’s also one of the few altcoins that managed to impress during this bear market. Therefore, Oasis already stands out as the best project for DeFi protocols with its privacy-enhancing features. This project not only brings much-needed privacy to DeFi protocols, but also offers other services that bring scalability to DeFi.
https://twitter.com/OasisProtocol/status/1682096060607414272
DeFi will take center stage in the upcoming bull run, which will be driven by Bitcoin as we know it. Therefore, the altcoin projects that will see a big price increase are those with strong use cases and good partnerships behind them. Oasis already has a thriving ecosystem of contributors and partners. Some of the notable ones are:
- BMW Group.
- Chainlink.
- balancer.
- A16z.
- Pantera, among others.
What are the issues that make this altcoin project stand out?
- Congestion: The technical nature of early projects like Ethereum meant that congestion would be a huge challenge. Oasis solves this by separating execution from consensus. In this way, it provides scalability, low latency and lower fees.
- Data control: Data is one of the biggest issues in today’s world. People are tired of giants like Facebook buying and selling their data with little privacy.
Account abstraction (EIP 4337) promises to accelerate Web3 adoption by radically simplifying user experiences
With Oasis Sapphire, developers can unlock the benefits of AA for a new era of Web3 application development
Learn about AA & privacy in Web3:https://t.co/FRz3JjQxsX
— Oasis Network (@OasisProtocol) September 8, 2023
Oasis Network uses tokenized data to give control back to regular users. Tokenized data means you are in control of the data you create. It is also possible for you to decide how you will use this information. You can sell it and make money through staking protocols. This model turns the model of existing Web2 companies on its head. In summary, we can say that Oasis provides you with: Privacy and earning opportunities.
Last ranked altcoin: SingularityNet (AGIX)
Once the Bitcoin rally begins, SingularityNet is one of the altcoins that will see a corresponding rise. SingularityNet has a pretty solid use case. It operates an AI marketplace where anyone can easily create, monetize and share its services. As you follow from Kriptokoin.com, earlier this year, artificial intelligence crypto tokens experienced a strong rise. And this trend is not over yet. Once the rally begins, people will turn to cheaper altcoin projects with solid long-term potential. SingularityNet is also one of the best options.
https://twitter.com/cryptocom/status/1699646886620135646
Anyone can use its marketplace to access AI services. Users make payments with AGIX tokens. Marketplaces tend to perform well overall. Take Fiverr or OpenSea for example. So far SingularityNet is arguably the leading AI crypto marketplace. The growth potential is quite high. Here’s an interesting fact. SingularityNet’s ICO raised nearly $36 million in less than a minute in 2017. SingularityNet just wants to make developing AI services simple. The future of developers will depend on this platform. Because this platform will allow them to profit from their skills.
The opinions and predictions in the article belong to the expert and are definitely not investment advice. We strongly recommend that you do your own research before investing.
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