Bittime - Crypto whales (large investors) are believed to have the ability to identify promising crypto projects. This article reveals five favorite altcoins from a crypto whale named Kyle Chass, an early Bitcoin and crypto investor.
Instead of speculative claims about "hidden signals" manipulated by Whale, Chass stressed the importance of research and transparency. He believes that the answer to successful crypto investments lies in careful research and access to information available to everyone.
5 Tokens That Will Be Bullish on the Whale Version
Chass not only gave the name of his chosen coin, but also explained the reason behind his strong belief in each of them. He stressed the importance of in-depth research and a team of experts to validate the potential of a project.
Let's explore Kyle Chass's five altcoins of choice:
1. Pepecoin (PEPECOIN)
This token is different from the popular PEPE token. Pepecoin with ticker PEPECOIN is an earlier token and an original one. Chass believes Pepecoin is closely related to the BasedAI (BASE) project. Both have the same development team and have a long history. He was impressed by Bas AI's track record in delivering innovative products, such as the first NFT platform in 2016. Long before that NFT model came along in 2021.
At the time of writing, PEPECOIN is trading at a price of IDR 97 thousand per token based on CoinMarketCap data, 29/05/2024. The PEPECOIN token has a total supply of 133.77 million tokens. The token was developed on the Ethereum network and is already available on other networks such as BNB Chain. The official website of PEPECOIN is pepecoin.io.
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2. BasedAI (BASE)
BasedAI is a layer-one blockchain project under development. The FHE technology it offers has the potential to revolutionize data privacy and security in the AI space.
BasedAI uses advanced layer-one blockchain technology "Substrate" and focuses on "Fully Homomorphic Encryption" (FHE), a cutting-edge encryption technology that enables encrypted data processing. In addition, BasedAI will soon launch "Brain Mint," which will sell a limited supply of dedicated subnets, potentially triggering an increase in demand for Pepe Coin.
BasedAI is approaching the mainnet launch stage, with the product almost ready to go. With a current market cap of $227 million, Chass sees exponential growth potential compared to similar projects like Bit Tensor (BIT), which reached a market cap of $15 billion.
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3. PAID Network (PAID)
PAID is a project developed by Kyle Chass himself. He stressed the importance of token utility and a sound economic model. PAID Network focuses on creating a protocol that generates real revenue, with most of the revenue reallocated to token purchases on the open market, thus potentially increasing its value.
PAID is trading at IDR 2,393 based on CoinMarketCap data as of 29/05/2024. The total supply of this token is 591,469,981 PAID.
4. Commonwealth (WLTH)
Common Wealth is a versatile investment platform that radically changes paradigms. 99.99% of the planet's population (retail investors) do not have access to seed and private sale deals. Common Wealth opens up early-stage investment opportunities for everyone – giving retail investors full access to join Wall Street investors.
Unlike traditional Launchpad platforms that focus on token pre-sales, Commonwealth operates like an investment fund. Investors can deposit stablecoins into pools managed by a board of experienced investors. The board will select promising crypto projects to invest in, offering access to exclusive investment opportunities for retail investors.
Currently, WLTH is still in the pre-market phase.
5. Morpheus Network (MOR)
This open-source AI infrastructure project caught Chass's attention due to its strong developer base, with over 400 global contributors. Prominent figures in the crypto industry such as Eric Vorhees co-built the project on top of the Morpheus Network. With a current market cap of $135 million, Chass sees significant growth potential.
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How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is IDR 10,000. After that, then you can make a crypto asset purchase in the application.
Learn the Complete Guide on How to Buy Crypto on Bittime.
Monitor the price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.
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