The host of the crypto Youtube channel Coin Bureau and the legendary trader Guy, announced the 5 altcoin projects he chose while entering the market rally mood. The trader also explains what is behind his choices.
“I think there is a bright future for this altcoin”
cryptocoin.com As you follow, the cryptocurrency market has gained momentum again. The leading crypto Bitcoin (BTC) came to the door of 25 thousand dollars with a strong rally. Most altcoins also followed BTC. In the midst of this spring weather, successful crypto trader and Coin Bureau host Guy Turner unveils his selection of the top 5 altcoins, including Cardano (ADA). Turner says Cardano’s blockchain upgrades and passionate community has earned it a place in its top four lists. In this context, the trader makes the following statement:
I would go to ADA right now. Yes, it has problems. And it has its detractors. But I think it has come a long way lately. I think the Vasil Hard Fork is going pretty well. Frankly, there is a Cardano community that I really like. And I think that’s an increasingly big thing in crypto. Because these projects need communities to survive. I like the fact that there are so many more upgrades planned. Hydra is coming. This mostly focuses on scaling. So I think it has a bright future.
Guy loves these altcoins: AR, ATOM, OSMO and XMR
After Cardano, the successful trader moves to the decentralized storage network Arweave (AR). “Arweave is a project that I am definitely looking forward to,” Trader says. He also shares these thoughts on the altcoin:
I think there is a huge future for the whole industry in decentralized data storage. Obviously, Arweave is not alone. You have things like Filecoin storage and projects like that. I think it also has a crossover. Because we usually tend to think of it purely in crypto terms. But as the world becomes more and more digital, more and more people will generate more and more data. After all, these will have to be stored somewhere.
The popular trader also chooses Cosmos (ATOM) and specifically a project built on Blockchain called Osmosis (OSMO). Regarding his choices, he highlights the following:
I’m really interested in specific ecosystems. I love ATOM. I love that so many developers I talk to, so many tech leaders are interested in ATOM, interested in Cosmos and always saying, ‘Wow, the tech over there is crazy. That’s why I love ATOM and I love the Cosmos ecosystem. So something like Osmosis.
Finally, Turner looks at the privacy-focused protocol Monero (XMR). Here are the reasons why the trader chose Monero:
It kind of has to do with what I said about this lack of trust in governments, institutions. I think everyone should have a deck of privacy coins. Everyone should be able to trade privately if they want.
