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The Top Altcoins That Will Explode First


September 28, 2021 · By Muhammad Awwal
Bitcoin (BTC), Cardano (ADA), COTI (COTI), Ethereum (ETH), Solana (SOL)

Finding the greatest possible movers for significant gains is critical, and Ran sees the swift recovery of Bitcoin and Altcoins following the China FUD as a huge buying opportunity.



China FUD

Bitcoin daily on September 21st was a result of China FUD, according to Ran, because Bitcoin was hovering around $49,000 and aiming to test the $50,000 region.

He feels that China has a plan, and that becoming a member of the crypto ecosystem does not fit with their socialist government.

China is rumored to be interested in Blockchain and Crypto, but only to maintain and control their own ecosystem, similar to how they outlawed technology advances such as Facebook, Google, and Amazon.

Huobi, China’s most centralized and largest exchange, has begun to essentially limit access to Crypto transactions for Chinese customers.

The positive side of China’s approach, according to Ran, is that they refuse to participate in the present bitcoin system, which makes manipulation less possible. He went on to say that the Chinese restriction on Bitcoin is a money-making opportunity since the market rallies soon after the ban is lifted.


What is the market’s next step?

According to Vinny Lingham, the Bitcoin price action feels similar to that of 2017, when the market went parabolic following a sideways and retracement in August and September.

Bitcoin price action is following the Plan B stock-to-flow paradigm and now is the best time for traders to position themselves to invest in better-paying narratives according to Ran. Plan B expects a Bitcoin price of $135,000 by the end of the year.


Cardano and COTI

COTI CEO Shahaf Bar-Geffen joined Ran on the broadcast to discuss Cardano’s relationship with COTI to release the stable currency “Djed.”

Cardano creator Charles Hoskinson announced the launch of a new stablecoin on the Cardano blockchain, with COTI as the official issuer of ‘Djed,’ a new DeFi-focused stablecoin for the Cardano network.

On the Cardano blockchain, Djed will be utilized as a tool for decentralized finance (DeFi) activities and to avoid transaction costs. It will be built on an algorithmic architecture that will use smart contracts to assure price stability while also serving as a decentralized financial instrument.

The stablecoin will be used to pay transaction fees on the Cardano network, avoiding “volatile and excessive gas expenses” and making transaction costs “more predictable.”

While companies like Tether try to keep the value of their USDT stablecoin stable by holding a reserve, an algorithmic stablecoin works in a different way. Tether keeps a dollar (or something equivalent) in its reserve. This works well, although it can be challenging to keep USDT constant at $1 during periods of sudden high demand.

Smart contracts are used by Djed to automatically respond to such variations. It holds base coins but also sells and buys reserve coins in order to keep Djed’s final value consistent.

Solana Ecosystem

Tushar, one of the top investors in the Crypto world from MultiCoin Capital, visited the show to discuss the best tales to invest in, according to Ran.

Tushar believes that doing individual fundamental research in following smart money by digging into ecosystems to understand why venture capitalists are investing and how long they will remain committed is critical.

MultiCoin Capital has been tracking Solana’s early stage investments since the seed stage teams were developing Solana protocols. He went on to say that Solana’s built-in scalability makes it simple to handle as many projects as needed once the network is completely established.

According to Tushar, the quality of the projects being built and the developers engaged makes Solana undervalued. He recommends that the general public look upstream rather than what is already live.

Solana Multi Capital has invested in a number of Solana innovative initiatives, including Mango Markets, stablecoin, UXD, and Saber Wormhole Bridge.

This episode premiered on September 27th, 2021.

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