I lost about 10% on my initial memecoin purchase, but luckily I turned that loss into a winning bet that Biden would not be the Democratic nominee ( Can I increase my airdrop by 10x? Update and new strategy ). Since Biden did drop out, I am now holding 3x my initial airdrop. However, I still need to increase my funds by 3.3x to achieve my goal. And the obvious place for me to look for this 3.3x is the Altcoin market.
My easiest (and riskiest) option would be to put my money into memecoin. While I am very bullish on memecoin, I chose to avoid memecoin for this experiment for the following reasons:
I already hold several memecoins, read here which memecoin I believe in the most: Win Big With These 3 Memecoins
I would like to own assets with more downside protection to protect my massive month-long gains. The three Altcoin I will discuss have had a tough time over the past few months, but I believe they will soar if the crypto market heats up.
I want exposure to different stories. By investing in three different categories, I can succeed if just one of them succeeds. Under the right circumstances, these Altcoin could potentially yield 10x returns.
Currency #1: Zeus Network $ZEUS
Current market cap/price per token: $48 million/$0.2864 Chain and token address: Solana ZEUS1aR7aX8DFFJf5QjWj2ftDDdNTroMNGo8YoQm3Gq
The Zeus Network is a second layer built on top of Solana that allows investors to move liquidity from Bitcoin to the entire Solana network. This added use case for Bitcoin will allow Bitcoin owners to earn yield on their Bitcoin, lend it out, and use it in a variety of ways that are currently unavailable on the Bitcoin network.
Currently, Zeus Network is in the early stages of the project. There is no public testnet yet, so I am just guessing. However, some big names in the cryptocurrency world are angel and venture capital investors in this project:
The project backed by the Solana co-founders adds tremendous credibility to the Zeus Network. These three individuals do not need to sell their tokens immediately after unlocking as they likely already have a significant amount of wealth.
Finally, Zeus Network introduced me to the Solana ecosystem. I am bullish on Solana, and it is more than just a shit coin casino. If the price of Solana goes up, I believe the price of $ZEUS will also go up faster.
I did write an article mentioning Zeus Network this month: You’ll Regret Not Owning These 3 Altcoin If the Solana ETF Gets Approved . Since then, the price of $ZEUS has increased by 50%.
Currency #2: Solidus Ai Tech $AITECH
Current market cap/price per token: $89 million/$0.1287 Chain and token address: Binance Smart Chain 0x2d060ef4d6bf7f9e5edde373ab735513c0e4f944
The entire crypto AI space took off earlier this year. In the past few months, most AI projects have given back all their gains. Most AI projects will be worthless in the next bear market. Very few of them have sustainable models or offer any solutions.
Ai Tech is different from many other AI projects in several ways. I appreciate that the team has not been doxxed (which is almost impossible to find in Binance Smart Chain projects), and they have an aggressive roadmap and solid token economics that require staking if investors want to participate in the launchpad. Also, in addition to having “AI” in the name, the project touches on several buzzwords in the AI space. Here is an excerpt from the whitepaper:
AITECH is down 74% from its peak in March. With over 36,000 token holders (high numbers), I can see it (hopefully) being listed on Binance. However, this is pure speculation. After looking at this project, I'd be happy to get a price under $0.15.
Currency #3: AIOZ Network $AIOZ
Current market cap/price per coin: $630 million/$0.571 Chain and token address: Ethereum 0x626e8036deb333b408be468f951bdb42433cbf18
My third coin belongs to the DePin (decentralized physical infrastructure) space. After witnessing the huge Crowdstrike fiasco, the DePin story will gain support in this crypto cycle. The AIOZ network launched its token in 2021, so it has been around the longest of all the projects mentioned here and has almost all of its tokens in circulation.
The main reason I invested in $AIOZ is that many influential people are promoting it. It is traded on Coinbase with "AI" in its name. Its $630 million market cap puts it in a good position, and if it can break out of the $1 area firmly, I can see this coin taking off.
Key Takeaways
I like that all three of these tokens are trading below $1. Regular retail investors often like to buy multiple tokens at a lower unit price. Also, they are all on large chains with many users and adopters.
I believe these three coins will help me reach my 10x goal for the airdrop. If there is no other option, I think I can sell them and still keep some of the gains I have made.
Thanks for reading this article. If you enjoyed it or it gave you a new insight into a new project, please give it a clap.
I own all of the tokens mentioned here. This information should not be considered investment advice. I am no more qualified to give financial advice than I am to dance like a ballerina. Digital assets like cryptocurrencies and NFTs involve risks, so you should always do your due diligence before investing.
