How I Find Altcoins Before They Blow Up
In the world of cryptocurrency, finding altcoins before they surge can lead to substantial profits. For instance, I discovered an altcoin called Render when it was priced at just 57 cents. Fast forward to today, and it’s valued at $7.31—a staggering 200% increase! In this article, I’ll share the tools I used to identify this opportunity and how you can employ them to find the top altcoins in 2023.
Table of Contents
- The Importance of AI in Crypto
- Tool 1: Bitcoin Rainbow
- Tool 2: Altcoin Season Index
- Tool 3: Defillama
- Tool 4: Arkham
- Conclusion
The Importance of AI in Crypto
The rise of artificial intelligence (AI) is reshaping numerous industries, including cryptocurrency. As AI gains traction, it’s crucial to look for top altcoins in 2023 that leverage its potential. Companies like NVIDIA have surged recently, prompting me to explore promising cryptocurrencies in the AI space, leading me to Render (RNDR), which is gaining significant traction.
Tool 1: Bitcoin Rainbow
Before investing in any altcoin project, it’s vital to assess the current cryptocurrency market status. I utilize a tool called the Bitcoin Rainbow, which categorizes Bitcoin’s price into nine zones, from “fire sale” to “maximum bubble territory.” While it may appear simplistic, its historical accuracy is remarkable. As of now, we’re still in the “still cheap” zone, indicating a good opportunity for accumulation.
Tool 2: Altcoin Season Index
While Bitcoin is a formidable player, it typically offers lower returns compared to altcoins. The Altcoin Season Index helps determine whether we are in Bitcoin or altcoin season. A lower index indicates it’s Bitcoin season, while a higher reading reflects altcoin season—a key indicator for deciding where to invest.
Tool 3: Defillama
Defillama is an excellent resource for finding specific altcoins worth investing in. One valuable metric it provides is Total Value Locked (TVL). By comparing the TVL of various altcoins, you can identify projects that offer better value for your investment, especially when assessing their market caps.
Tool 4: Arkham
Finally, Arkham allows users to track the on-chain activity of influential crypto figures. By examining the trading activities of well-known investors, like Ethereum’s developer Vitalik Buterin, you can gain insights into promising altcoins and potential market trends.
Conclusion
By utilizing these tools, you can effectively navigate the cryptocurrency landscape and identify top altcoins in 2023 before they explode in value. Whether it’s monitoring Bitcoin trends or evaluating specific altcoin metrics like TVL, the right tools can significantly enhance your investment strategy.
With Bitcoin’s halving in April and the growing interest in AI, it’s an exciting time for crypto enthusiasts. Make sure you’re well-informed and ready to capitalize on opportunities as they arise!
Email newsletter (free market analysis from me): https://tradinglab.beehiiv.com/subscribe
Excellent video! I need some help transferring USDT TRX20. Here’s the recovery phrase I used: “obvious stay actor sunset unable assault hamster glory law cruise wire drip”. What’s the best platform for this?
Ammmm when it comes to stability, Step Finance has proven itself as a top-tier investment. If you’re looking for consistent returns, this should be on your radar.
Well, no cap, step finance is consistently delivering strong results 💪
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
What website did he use to look up the mc ?
I realized that the secret to making a million is saving for a better investment. I invested 30k in crypto and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million.
Thanks for your efforts Marketfeed, very interesting and useful Video, I like the way you have explained stocks, you are just like my Mentor, her strategies helps beginners to earn in the market without loss.
I like this video
Until you return my 1 ETH back to my eth wallet I will chase you and report you. Try to remove my comment. But I will create a script to just add the same comment and inform people. Return my 1 ETH back to 0x90DEAc9344Ac3bf08DE4bEB175BC1d5Ba3E6d164 and I will stop commenting
People it is a scam.
https://www.youtube.com/watch?v=eV33U_zNArw
💎 $DOGC is catching fire! @Dogechaser is where it’s at! Join the gang of billionaires
Has anyone heard of $KIKI on Base? Wondering if any of you guys already bought some.
Has anyone come across $KIKI on Base? Any buyers yet?
The MEME coin revolution is here, and $DOGC is leading the charge!
Hello 👋 Forget the old ways; the future of MEME tokens starts here. Join DogeChasers now! 🐾✨
$DOGC
Incredible info thnx!!
I bring you blessings from my LORD JESUS CHRIST WHO Is Coming Again To Judge the living and the dead hoping you believe In HIM Amen.
All this is drama. No one knows which coin has potential benefits when it is introduced or when it is less than a cent. Like today I am seeing a coin named "Vana" suddenly touching the 23 dollar range. However this coin was not even in the list a few days ago. So it's all about sheer luck, investing and earning in alt coins.
$DOG will go to the moon + $SHIELDEUM & $SUPRA
Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?
Am watching in December…btc reach 100000.
The thumbnail looks like a stake thumbnail
What about rudolph coin on Solana
Contract address: 85efRSbxUnx665Y1maSvZNCj8hF6uqjyeNfJVAD4pump
Aura now at $8.94. I'd say it's not a bad idea to tryout this method folks.
I enjoy the buzz encircling INFTY3 Token. This might be the forthcoming big thing! Looking forward to what INFTY3 Token has in store for us. The future appears auspicious!
Investors are raving about INFTY3 Token! Don't miss your chance to join the fun!
Investors are raving about INFTY3 Token! Don't miss your chance to join the fun!
INFTY3 Token has a talented and committed workforce. They are capable of accomplishing it!
Presale alert! INFTY3 Token is making waves. Get in on the action now!
I've been exploring INFTY3 Token, and the more I understand, the more fascinated I am.
INFTY3 Token is the safest altcoin ever since its automatic algorithms stop paper hands, bot transactions, and bear markets. It will certainly reach $10 in no time.
INFTY3 Token has a talented and committed workforce. They are capable of accomplishing it!
Investors are raving about INFTY3 Token! Don't miss your chance to join the fun!