3 Altcoins to Add to Your Crypto Portfolio
Akash (AKT)
– Akash is a storage project that focuses on GPU storage.
– The AKT token has seen significant growth, up 67.5% over the last 30 days and 205% over the last year.
– Akash allows users to set up their own cloud and sell unused resources.
– The project offers cheaper prices compared to other cloud services through a “reverse auction” system.
– AKT is currently priced at around $1, with potential for further growth.
Injective (INJ)
– Injective is an application-specific blockchain that caters to finance.
– The project has seen increasing user numbers and has a strong team.
– Injective 2.0 introduces a new burn mechanism for their INJ token, increasing the number of tokens burned.
– The token has seen significant growth, up 350% over the last year.
– Any price drop to around $6 is considered a good entry point.
Arweave (AR)
– Arweave offers decentralized storage with better tokenomics and user interface compared to competitors like Filecoin.
– The project is active in the storage and AI sectors, with high potential for growth.
– AR is currently in a dip, with a price range between $3.50 and $5 considered a good entry point.
– The token has the potential for significant growth, with an ATH of $89.
Hot Take
If you’re looking to expand your crypto portfolio, consider adding Akash (AKT), Injective (INJ), and Arweave (AR). These altcoins have shown strong growth potential and offer unique features in the storage and finance sectors. While there are risks involved in investing in cryptocurrencies, these projects have promising fundamentals and could perform well in the next bull run. Keep an eye on their prices and consider entering at opportune moments.
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