Top 6 Altcoins to BUY NOW!!! (You literally have MINUTES!!!)

Conor Kenny
22 May 202414:41

Summary

TLDRThe video script discusses the potential onset of an altcoin season in the cryptocurrency market, with a focus on five lesser-known altcoins that offer significant upside potential. The speaker shares personal investments in projects like Moonwell, a liquidity protocol, and Soil, which offers secure returns on stablecoins. They also highlight upcoming projects like Multipool, a decentralized exchange for real-world assets, Paid Network, a launchpad with a deflationary token economy, and Orange, a Bitcoin ecosystem service. Additionally, Alum, a community-driven project with innovative sharding technology, is mentioned. The speaker emphasizes the importance of doing personal research and not investing blindly.

Takeaways

  • 📈 The cryptocurrency market is experiencing significant growth, with the potential for an ALT season, which is a period of increased activity for altcoins.
  • 🚀 The speaker holds and recommends five altcoins for potential upside, emphasizing the need for personal research before investing.
  • 🌕 Moonwell is highlighted as a promising project with a liquidity protocol, having gained significant returns and now being part of Coinbase's new ecosystem, Moonbase.
  • 💰 Soil is an under-the-radar project offering secure returns on stablecoins backed by real-world assets, which could be beneficial in an altcoin season.
  • 🆕 Multipool is a new project launching on Fori, focusing on decentralized exchange for real-world assets, and has secured significant funding and partnerships.
  • 💼 Paid Network is a launchpad that allows token holders to access early-stage investments, with a deflationary token economy and a focus on providing opportunities to retail investors.
  • 🍊 Orange (o r NJ) is an ecosystem for managing Bitcoin and blockchain protocols, which the speaker is bullish on due to the potential of the Bitcoin narrative.
  • 🤝 Alum is a community-driven project with innovative sharding technology, aiming to provide scalable and secure decentralized apps for real-world use cases.
  • 🔒 The importance of strong community engagement is emphasized, as seen with the YouTube DCA portfolio, which includes tokens with high community involvement.
  • 📊 The speaker suggests that diversifying investments across different niches within the cryptocurrency space can be a strategy for maximizing gains during an altcoin season.
  • ⚠️ A reminder that the speaker is speculating on the potential of these projects and that viewers should conduct their research and not invest blindly.

Q & A

  • What is the current state of the cryptocurrency market according to the speaker?

    -The speaker indicates that the market is going 'absolutely crazy,' with a significant recent move of 21% in 24 hours for Ethereum, suggesting the potential onset of an altcoin season.

  • What is the speaker's approach to discussing cryptocurrency investments?

    -The speaker emphasizes the importance of doing one's own research before investing and clarifies that they are sharing their personal speculations and holdings without guaranteeing returns.

  • What is Moonwell and why is it significant according to the speaker?

    -Moonwell is a liquidity protocol originally based on Moonbeam but has since launched on Moonbase, which is Coinbase's new ecosystem. The speaker highlights that Moonwell has potential due to its market cap of $81 million and its similarity to the successful project ARVE.

  • What is the potential for Moonwell's growth according to the speaker?

    -The speaker speculates that Moonwell could potentially see a 5 to 10x return if it gets the same exposure as ARVE did in the last bull run, although they acknowledge that this is speculative.

  • What is the significance of the project Soil in the speaker's discussion?

    -Soil is highlighted as a project that offers secure returns on stable coins backed by real-world assets, with an APY of up to 14%. It is positioned in the real-world asset niche, which the speaker considers important for diversification.

  • What is the project MultiPool and what makes it unique?

    -MultiPool is a decentralized exchange designed for trading real-world assets, combining the functionality of a DEX with the trustless nature of decentralized exchanges. It features an on-chain order book, transparent auctions, and a user-friendly repo lending system.

  • What are the key features of MultiPool as mentioned by the speaker?

    -Key features of MultiPool include an on-chain order book capable of handling over 1 billion orders, auctions designed for zero price impact, flexible asset lending with customizable interest rates, and a secure and compliant trading of real-world assets.

  • What is Paid Network and how does it operate?

    -Paid Network is a launchpad platform that allows users to access early-stage investments by holding and staking its tokens. It operates on various decentralized exchanges and offers exclusive benefits to stakers, including early pool access and governance.

  • How does the Paid Network token economy work?

    -The Paid Network token economy is designed to be deflationary, with each new raise reducing the circulating supply. The utility of the token includes partner airdrops, staking rewards, liquidity provisioning, and buyback and burns.

  • What is the significance of the project Orange (o r NJ) in the speaker's portfolio?

    -Orange is an ecosystem of financial products and services within the Bitcoin ecosystem, which the speaker is bullish on. They believe that projects like Orange, which have strong community engagement, can perform exceptionally well in the current market.

  • What is the YouTube DCA portfolio and why is it mentioned by the speaker?

    -The YouTube DCA portfolio is a collection of community coins with strong engagement behind them. The speaker mentions it to highlight the potential of investing in projects with robust community support, as it has historically been profitable.

  • What is the speaker's view on the Bitcoin ecosystem and its potential?

    -The speaker is very bullish on the Bitcoin ecosystem and believes that it will play a significant role in the upcoming bull market. They suggest that finding projects early in this space could be a good investment strategy.

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Related Tags
AltcoinsInvestmentCryptocurrencyMarket AnalysisEthereumDecentralized FinanceLaunchpadsCommunity CoinsBitcoin EcosystemReal World Assets