3 Altcoins that you should have in your Crypto Trading Portfolio

 

Hey there guys! Now we’re going to be diving down into the world of crypto, specifically taking a look at three altcoins that have either been heavily suppressed or are waiting for major developments to take it to the next level these are three altcoins that have performed quite well so far in this ball run but could perform significantly better. Those so we close this bull run off in quarter one of 2022.

The three altcoins that we’re talking about could be any of the ones in our portfolio. We always try to limit the amount of coins that we do invest in, unfortunately we’ve been unable to kind of whittle it down. We just keep adding to the bag so it just keeps growing but there are three altcoins in our portfolio that we think are heavily manipulated or suppressed or waiting on major development that are really going to take it to the next level and obviously these current trading patterns for theses all coins have been maybe not as much as what people were expecting. Maybe they’ve just been trading sideways and not so good. Let’s jump into the first one. The first one we’re going to talk about is cardano right. This is a pretty obvious one, obviously with everything and they’re kind of running in the background right there. They’re kind of primed ready to go with the exception that they’re just waiting for a few last technical things to get across the line. All those projects that are building on the cardano ecosystem in the background are basically sat back waiting for pluto to kind of launch, once that kind of happens, I think you’re gonna start seeing a flurry of daps run on the ecosystem. These are gonna be purpose built for cardano above and beyond that there are of course the 100 companies are looking to migrate over from ethereum to cardano. Again the order of these are waiting on that pluto’s framework to kind of come into the main net and get the big tick of approval there and to basically launch their apps on chain right and basically what this will do to the price is obviously going to have a huge impact because it basically increases the transactions right and obviously to pay for those transactions you require aida. Now we go above and beyond just you know a hundred companies moving over from ethereum to cardano although that is absolutely massive in itself and of course you’ve got maladex meld etc. all these other kind of projects building on the cardano ecosystem also bring in transactional volume you also have all the governmental contracts over in Ethiopia, five million teachers and students over there, eight million from dish and boost mobile over in the U.S. All these millions upon millions of transactions that will be paid for in ADA. So, as a result, ultimately once we get that framework across the line, big tick approval and to push forward and actually get these apps launched and you’re gonna start to see and it’ll be slow to start with but you’ll start to see some transactional volume and then when we go into the New Year, I think it’s going to go absolutely nuts because Ethiopia and they’re talking about pretty much on boarding five million students and teachers onto the cardano ecosystem with those digital ID’s in the New Year, right? So again, that’s five million there but ultimately what we’re talking about is getting the framework across the line. Getting pluto’s kind of up and running getting those daps launched and there’ll be a slow and steady rise in transactional volume. This is basically going to increase the demand for ADA and obviously there’s a huge portion of ADA staked. Right now this is a huge opportunity, when we see cardano at two dollars and yet the charts are indicating the potential push to eleven dollars then actually that’s quite an interesting opportunity to be had. So the first kind of project I wanted to kind of talk about was this suppression but basically waiting for a major development to kind of launch on chain that will help push the price of ADA significantly higher and what an opportunity it is to buy ADA at these discounted rates obviously not as good as when you we’re buying it at eight cents but again still fantastic nonetheless to see where we are heading based on the trends of the bull run so far and the current price where it’s predicting out to be by the end of the  run and so really wanting to kind of just highlight you know what’s going on with cardano. I think it’s really good project that’s going to absolutely surprise people by the end of the ballroom. It’s probably going to be one of the best performers.

The second altcoin we are going to talk about is XRP, obviously this one’s heavily manipulated or suppressed and based on the ripple and SEC lawsuit. Jay Clayton back in December of 2020 dropped a lawsuit on his last day in office and basically calling XRP as security and isn’t it doesn’t really stick up to the security of the Howie test nut they are bending the rules and trying to manipulate things and the SEC have gone far too far and obviously they’ve picked a battle with someone who potentially is going to put them in their place which will be interesting to see so for those who are following the SEC versus ripple lawsuit, I think you’re very much aware that the SEC haven’t exactly been trying very hard they definitely got off to a rocky star but most recently they have actually won a couple of things that could have an impact on ripple. For XRP to be significantly below that of ethereum you can tell that the lawsuit has had a very big negative effect on the price with that being said it has still participated in the bull run and currently we’re trading 8.8 up today 1.27 which is great but obviously the suppression is still there. I do anticipate that once that lawsuit comes to an end we’re going to see some fantastic numbers again we can take a look at the kin case which was classed as security at the end of the lawsuit no caveats were put on place basically just need to sell to accredited investors. I believe and obviously right to the SEC to get approval for the sale of the kin token. The kin token is readily available and you can buy it obviously what happened here and I drew it on the chart, this is when it was classed as security the day after or the six days that led after preceding the settlement and the class classification of a security token it went up 788 in six days. So it the markets don’t care whether or not it is a security token or whether it is an exchange token utility ticket. And the money market cares about is basically getting access to these things an actually allow it to kind of ride now. This timing of this is the any other interesting thing because this timing of this getting the kin token getting classed as security was pretty much in line with the bull run, so again we started to see a lot of progression and to the upside. So we actually picked this up in April time it was twelve thousand percent a security token that went up twelve thousand percent in a bull run. We know that it doesn’t really matter whether it’s a security token and ultimately the US will be the only ones in the world that would call it a security token. Regardless to the lawsuit whether you think there is a security or not security it doesn’t matter. The U.S. would be the only ones in the world that would class it as a security and ultimately what you’re looking at is with security token moving up twelve   thousand percent during this bull run so the important note here is that XRP must get some form of closure on this lawsuit soon. Before the end of the bull run, if it doesn’t get it before the end of the bull run then obviously do expect suppressed price if we do however get some kind of closure to this thing could go absolutely crazy once that suppression is listed. If it continues the way that it has been doing, we can see this thing topping out about $6.68 so just keep mental note of that.

The other altcoin is really important to kind of talk about is cryto.com the crow token so this basically cryptocom’s exchange token like BNB for example. Chronos mainnet which is live November 8, so really important kind of note on this one and basically this is an ethereum virtual machine for d5 NFT’s and a metaverse and so this is a cosmos chain if you will and this is really important basically what is going on here is they’re going to be wrapping pretty much everything on ethereum and then being able to transact cheaply. Crypto.com have been massively pushing ad campaigns, We’ve got Matt damon being the face of cryto.com, they’ll see crypto.com partnering up and sponsoring people like formula one team Aston Martin obviously the ultimate fighting champion also their kit sponsor is crypto.com obviously various different soccer teams around the world as well. They’re going on a bit of a spending spree in terms of the level of sponsorships that they’re giving obviously they’re sponsors on the channel as well and a lot of this stuff is building up to mass adoption and when it comes to mass adoption what is one of the key things that you absolutely must have in terms of making it user friendly is also making sure that it is cost efficient and that is what cronos is trying to do here with the main net basically taking everything that’s currently being developed for ethereum and then wrapping it and making it a hell of a lot cheaper and obviously tying this into the crypto.com ecosystem and obviously 10 million plus user base this is not going to be small by any stretch of the imagination this is opening up basically the entire ethereum ecosystem to 10 million people on crypto.com. absolutely massive stuff going on here it’s just gone live today we’re seeing a pretty price appreciation when it comes to crow I’m not going to talk too much about that but obviously I think it’s important that we do acknowledge there are ways that you can get hold of crypto.com token right there. They’re at native token and we talk about this all the time because obviously they are partners of the sponsors of the show and we actually have their debit card quite a bit on the show to earn cash back and that cash back is paid to us in the cro token. That CRO token is of course not fear it’s obviously crypto related and it’s an appreciating asset meaning that we get three percent cash back when we make our everyday expenditures on our debit card and we get that three percent back in an appreciating asset so basically over time that particular asset goes up in value. Specifically, when we actually take a look at the last two weeks on the price action of crow. When Chris went out and bought his range rover sport and he used his crypto.com card to do so. He earned three percent cash back on that 50,000-pound car and as a result of that he got a very nice portion of crow which he still has and is basically earning a nice passive income on it and of course it’s been appreciating in value so what was three percent when he bought that car is now significantly higher than three percent in his account and also for those who do not know crypto.com is the world’s fastest growing crypto app with over 10 million users and is number on uploaded app on the google play store do check that one out and 10 million users buying in selling 150 crytocurrencies at the true costs. You can spend with their visa card and earn up to eight percent cash back and we’ll get into that in a moment but basically you can buy it true and sell at true cost which basically is a way of highlighting the fact that some exchanges do actually put their fees into the price of the cryptocurrency itself so you don’t actually pay the correct price for the cryptocurrency itself with crypto.com though you pay the true cost and then the fee is split out separately and but basically the crypto.com card this is really what I want to talk about because this way is a fantastic way for you to earn more crow tokens and you don’t actually have to go out and buy crow you can earn them right so it’s a pretty good way of kind of doing it.