The cryptocurrency market is looking forward to a potential Altcoin season. This could provide investors with the opportunity to find promising tokens that could work well in the next cycle.
Hundreds of altcoins are available, and some already show signs of long-term growth despite current market sentiment being suppressed.
To navigate this landscape, Finbold consulted Openai’s ChatGpt to identify three outstanding Altcoins worth buying now and retained them for the long term.
ChainLink
ChatGpt acknowledged that ChainLink (Link) is a key player in the Decentralized Finance (DEFI) sector, and that Oracle Network brings real data to the blockchain.
The AI model noted that cross-chain interoperability protocol (CCIP) has long-term appeal as links allow secure communication between blockchains.
Additionally, ChainLink has formed key partnerships with high-tech giants such as financial institutions such as Google Cloud and Swift, strengthening its position as a critical Web3 infrastructure.
Meanwhile, as the US moves to Crypto Regulation, Chainlink CEO Sergey Nazarov has mentioned the possible impact of the newly passed genius law, the regulatory framework for Stablecoin.
He believes the law could increase stable issuance, increasing demand for chain link bookings and cross-chain solutions.
By press time, Link had been trading at $12.50, falling more than 4% in the last 24 hours and nearly 5% a week.
Polygon (Pol)
Polygon (Pol) continues to lead Ethereum (ETH) scaling, offering a variety of tools, including its proof (POS) chain and zero-knowledge-based ZKEVM layers. ChatGpt noted that this status increases the long-term growth potential of the token.
At the same time, platform upgrades based on Polygon 2.0, which seek to unify multiple chains into a cohesive, interoperable ecosystem, are key to potential price increases. The AI tools also suggested that this could lead to even wider use.
At the time of reporting, Matic was trading at $0.18, down 3.6% over the last 24 hours and 11% over the past week.
Cosmos (atom)
Cosmos (Atom) completes the list as a project centered around interoperability. Its inter-block communication (IBC) protocol allows various blockchains to share data and value, making them an important player in the multi-chain future.
ChatGpt points to the growing adoption of platforms like Dydx, demonstrating the real-world utility of Cosmos. Its modular structure attracts developers who want to create custom application-specific chains.
At the time of reporting, Atom was trading at $3.88, down 3.9% over the last 24 hours and trading nearly 5% in a week.
Currently, the three tokens are running in a wider market that is facing bearish pressure. However, their basic techniques demonstrate the potential for real-world use and can draw huge investments over time.
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