welcome back everybody to altcoin daily if you're interested in making money in cryptocurrency
subscribe to the channel right now we drop one video every day keeping you informed we
put projects on your radar that the mainstream media they'll never share this information with
you they'll never give you perspective they'll never help you understand why each project is
interesting or valuable or why you should have these projects on your radar or why they're making
news we do this and if you appreciate that smash the like button you either have to be subscribed
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your own research on a daily basis to truly get ahead of the curb in cryptocurrency now anyways
in today's video what i want to do is share with you about 11 projects that are some of
the best in the space and this isn't just based on my whim this is based on verifiable evidence
verifiable data or information that you can look at yourself and go huh he's right about that these
projects are interesting for this reason so good video today make sure you watch the entire thing
let's get started do not sleep on bitcoin ladies and gentlemen bitcoin is going through a massive
supply shock we continue to show you the data in part because this is the first cycle where
people realize that bitcoin and cryptocurrency are not going away and so many people are preparing
accordingly for instance never in the history of the bitcoin network has this large of a percentage
of circulating supply in fact 85 of bitcoin have been held for over three months usually
people buy it sell it trade it people are buying it and holding it like never before supply squeeze
underway now let's get a little precise with the data keep this and estimate it 38 of bitcoin is
lost forever let's take supply off the market 92 of supply hasn't moved in at least 30 days
interesting 85 of supply hasn't moved in at least 90 days this is a little bit different data
than what we just read but it shows a trend that people are buying and holding bitcoin point is the
scarcity of bitcoin cannot be overstated and for that reason bitcoin is our top coin on the list
next coin chain link the brilliant thing about chain link being natively blockchain agnostic
is that regardless of the on-chain environments that dapps are built on or shift to or expand
support to like eat to avalanche like eath to cardano like elrond to cardano all of this stuff
chain link is blockchain agnostic so it will continue these projects will continue to have
access to the same hyper reliable and secure source of external resources that they require
no matter the blockchain and they can continue to use chain link and not just for price feeds
not just for data feeds but off chain computation as well if you know something about chain link
vrf keepers and in the future ccip will continue to arrive on more chains with chain link
supporting lower cost blockchains layer twos means chain link services can also run more efficiently
meaning more use cases enabled and for this reason chain link makes our list today next coins on our
list combination super farm and then blue chip metaverse coin sandbox partnership super farm
is proud to announce a deep partnership with the sandbox game holders of super farm nfts will begin
to experience 3d metaverse utility and community members will enjoy opportunities to build
functionality and earn prizes so to be precise about this partnership superfarm is proudly
partnering with the sandbox a community-driven platform where creators can monetize voxel assets
in gaming experiences on the blockchain in fact the superfarm ecosystem is excited to announce the
acquisition of an extra-large estate that the super farm community will soon call home this
contagious plot is a whopping 24 by 24 parcels in size allowing players to build and explore in a
three-dimensional virtual space this collaboration between the sandbox and super farm lays the
foundation for a robust player-driven economy that spans the metaverse and drives even more utility
to super farm nfts this is huge for super farm related nft projects which will now have a
dedicated home in the sandbox this partnership will be paired with a ton of community-centric
initiatives to drive excitement and engagement with existing and future nft collections
so sandbox huge coin huge company super farm huge project huge coin partnership together pretty cool
for both speaking of partnerships which cannot be understated eagled is to become one of the first
cross chain assets to collateralize stable coins issued on cardano via the ardana stablecoin hub
so the details are this we are excited to announce that we've started a long-term collaboration with
our donna the stablecoin hub on the cardano blockchain by the way this means elrond and
cardano make our list ardana is building d5 infrastructures for the cardinal blockchain that
will enable the issuance of the crypto backed d usd stablecoin and decentralized trading on their
danaswap dax automated market maker platform our collaboration seeks to make egold one of the first
non-native assets on cardano that can be used as collateral for dusd minting this will be
made possible by moving e-gold tokens between the elrond network and cardano blockchains
via a two-way bridge that will be developed by ardana in collaboration with elrond so this
is great news for elrond this is great news for cardano and ardonna the stablecoin hob on cardano
great news for them as well speaking of quality dap platforms in the space the next coin on our
list today is solana they've just partnered with india's version of tick tock in india they don't
have tik-tok it was banned they have another thing well indian tick tock challenger it's
an indian tick tock competitor so indian tick tock raises 19 million to launch social token on solana
according to the ceo he says what axionfinity did for gaming we want to do for social media
so the fact that they chose solana it's a big deal this is backed by some major players in the space
including galaxy digital mike novogratz almeida research salon capital kraken cryptocurrency
exchange the token for this india tick tock is going to be called gary token it's pretty new so
it's not making our list today but the underlying blockchain dap platform solana makes our list and
speaking of the blue chip in dap platforms another coin going through a supply shock different yet
very similar to bitcoin is ethereum two pieces of news the value of ethereum held by miners reaches
five year record levels meaning miners are not selling their ethereum we see this in
bitcoin all the time where they believe there are higher prices to come and they're holding
on to ethereum as much as possible and this is what the data is showing now combine that
with the fact that over 402 million worth of ethereum outflowed from centralized exchanges just
yesterday we are continuing to see ethereum leave exchanges in record numbers this is great for the
price because of everything we talk about all the time ethereum makes our list today now in ethereum
competitor slash interoperator is phantom it's been gaining steam lately and then we're going
to talk about d5 blue chip urine finance both of these coins making our list the news is that
urine finance and phantom rally on multi-chain expansion the d5 blue chip is launching on the
phantom network and we're actually continuing to see these projects continue to get interoperable
and just all talking to each other urine finance has expanded its vault to the phantom network
the wi-fi and phantom token have both reacted positively to the news putting in double-digit
gains plans for urine to expand to other chains such as ethereum layered to arbitrarily
and layered to polygon are already in the works so you're in finance phantom making our list today
next coin on our list is actually a sponsor of our channel it's called drops dow drops nfts
it's your metaverse finance your nft vaults where you can use your nfts as collateral it's really
interesting project backed by some big players i'm going to tell you what this project is and what
they're about so drops is a groundbreaking project that unlocks additional value for
non-fungible tokens so you have these non-fungible tokens what can you do with them well first of all
they just announced a closure of about a one million dollar round for private investors we
see big names behind this round au 21 quan stamp pet rock capital block star technologies a whole
host of them you can see here now they're going to use this capital for development marketing
operations expenses and liquidity provisions they're going to be well funded i guess let's
start at the beginning what exactly is drops from the same team that created the nft game
node runners drops is an nft project focused on bringing scalability and utility to nft assets by
bringing d5 style properties to nft assets users will be able to earn yield with and borrow against
their nfts drops nft is a pioneer in providing loans vaults staking and yield farming for nft
owners and investors they aim to allow digital creators to reach large audiences and have their
art celebrated by a growing community drops offers gasless transactions and a smooth user interface
by leveraging the layer 2 platform polygon in cooperation with by commie by economy allowing
equal participation for all so nfts is exploding you can understand why people want functionality
and utility be able to loan out their nfts into all this stuff you understand the value prop well
let's get into it further what exactly can you do at drops well three main use cases firstly borrow
against defy and nft tokens reduce the opportunity costs of holding governance or liquidity tokens
by supplying them as collateral and earning sizable returns and rewards on short-term loans
number two use your nfts for loans put your nfts down as collateral and receive instant
access to a trustless loan without having to talk to a lender or wait to be approved thanks to our
permission list nft lending pools and then number three turn your idle assets into active yield idle
assets are lost opportunities with drops you can get more from your portfolio by supplying stable
coins and governance tokens to fungible or nft lending pools in exchange for attractive returns
and rewards next coins on our list actually meme coins actually only good in a bull market in my
opinion but first of all dogecoin makes our list today people like it people like it amc theaters
roll out their first phase of dogecoin payments on its platform they only did this because the ceo
asked the community do you guys want us to accept doge and people said yes like hugely
this was the tweet announcing it from a day ago you can now buy this is what you can do at amc
theaters you can buy digital gift cards up to 200 per day with dogecoin and other cryptocurrencies
using a bitpay wallet so you have dogecoin you're probably trying to sell some realize some profits
before the next bear market consider buying you know amc gift cards consider it speaking of
meme coins with dogecoin doing well we're seeing dogecoin copycats doing well is anybody trading
shiba inu i'm actually curious shiba inu is up 385 in a week it became the 12th largest
cryptocurrency bigger than elrond bigger than mina bigger than so many meme coin chibi inu continues
its meteoric rise soaring by another 50 percent over the day to become the world's 12th largest
cryptocurrency again only fun in a bull market but because this is a bull market because things
are looking bullish meme coins continue to gain favor and gain price okay that is it for me today
my friends let me know what you think of the coins that i picked in the comments below subscribe to
the channel if you want to be a part of a channel that drops daily information not financial advice
just news and opinion and information and with that being said i'll see you tomorrow