The cryptocurrency market is still in its early stages, and altcoins have already demonstrated a desire to impress.
Alex Becker, Biz, and Moon Walker join Ran Neu-ner to discuss the most profitable Altcoin investment for the fourth quarter bull run.
Interest in Altcoins is beginning to build up as retail investors return to the crypto ecosystem for a second innings, enticed by the potential of quick profits in a rapidly rising asset class.
The guests on the show claim that the Crypto market is ready to go nuts, similar to the 2017 bull run, which was fueled mostly by retail investors, who helped bring Bitcoin into the mainstream and increase its price volatility.
No one knows when the market will top and the bull run will end, according to Biz, MoonWalker, and Alex. However, Altcoins are projected to outperform Bitcoin, and there is a chance that a segmented bull run may occur, with a specific ecosystem outperforming the others.
They all expect the gaming ecosystem to thrive as a result of the rapid adoption of crypto and blockchain technologies to solve fundamental gaming issues.
Alex and Moonwalker argue there isn’t much room for upside in the gaming blockchain, which has a market cap ranging from $100 million to billions of dollars. Instead, they choose projects with excellent fundamentals and network effects that are under $50 million.
Alex says he’s interested in the development of the underlying protocols that will be used, as well as games with simple concepts. DeRace, Phantom Galaxies, Snuck, Monkey Ball, and gaming technology Altura are among his top picks.
MARS4, which is slightly under $9 million and features NFT lands, WonderHero (WND), which has great graphics, HeroFi, and Faraland, which recently unveiled their launchpad, Farastarter, are MoonWalker’s top picks.
Vulcan Forged (PYR) has eight games, has recently partnered with YGG, and has the first gaming DEX, according to Mr Biz. Another is UFO gaming, which is developing a metaverse and will have a game named Super Galactic. He went on to say that they are best for long-term investments.
Video games have come a long way in the last few decades, and online gaming, in particular, has become a hotbed for cutting-edge crypto innovation.
The crypto gaming business is still in its infancy, with a market capitalization of roughly $10 billion, but it has the potential to expand to $10 trillion in the next 15 years, Alex Becker claimed.