ALGO

princepersona1

Are alts really done? It seems like they really aren't gonna make a comeback at all. No matter what BTC does they remind stagnant. Atleast the alts that we had high expectations for like ALGO, ETH, etc

Longjumping-Bonus723

Why is my ALGO and ICP now pumping. I'm too dumb to see why xD but noice anyway ^^

UhUhWaitForTheCream

Going deeper into ALGO, again

Yodel_And_Hodl_Mode

> Can I ask what your thoughts are on this strategy please? I'm the wrong one to ask. I don't know enough about ALGO to give any real insight, but it seems to me that ALGO faces issues of adoption. Ethereum and Solana are where most people are, by comparison, and Algorand has been around long enough that it won't attract those who always chase the shiny new thing, which is where the moonboy gamblers tend to go. Does it matter if the tech is great if nobody uses it? So... I don't know. Like I said, I'm the wrong guy to ask.

Grunblau

I have hope for those who have quadrupled their bags over this extended winter by staking. Even if only some of them hit ATHs like $2 ALGO or $200 AVAX, there will be some joyous mfers around here.

Responsible_Drive380

This is really interesting - thank you. I hold a fair amount of ALGO because I think long term (5-10 years when max circulation is reached and beyond) it's RWA will cause it to increase substantially in value. Additionally, it's current adoption along with their involvement in compliance and regs etc makes me think it's here for the long term. Can I ask what your thoughts are on this strategy please? I feel like coin value should really be thought about in terms of where it will be at max supply - so any current investment is getting in "early" on that timescale. Btc is the obvious choice and leader here. Doge, shib, etc... Doesn't really make financial sense to me but it's clearly been very profitable for many - but crypto is very young really. Perhaps I'm too tradfi in my thinking. Idk obviously! What do you think? Thanks again for taking the time and effort to post

psxndc

ALGO's going to blow up any day now. Any day.... Any... Fuck.

CipherScarlatti

You can already do this with ALGO. Why wouldn't you build on something that already exists?

Shrekworkwork

I just wanna know if it’s ever gonna change. We saw BTC , ETH and SOL do it. When will ICP and ALGO both with amazing tech and uptime get the lasting credit they deserve? Perhaps it will require more adoption before this happens.

biba8163

You guys are not being manipulated. You just need top learn to count and avoid predatory token dump projects. > Shitcoins have rug pull tokenomics which are hidden by partnership and technology memes (April 2023) > - Avalanche 76 Million to 326 Million since 2020 (330% inflation in 2 years) > - Hedera 6.6 Billion to 30 Billion (400% inflation in 2 years ) > - Algorand 1.1 Billion to 7 Billion (530% inflation in 2 years) > The irony is that people who invest in projects like this think Dogecoin's 4% yearly inflation is too high. These shitcoins last a cycle or two, see IOTA, ICON, OMG, etc, while something like Doge will continue to be around https://np.reddit.com/r/CryptoCurrency/comments/12vattj/are_shitcoin_and_meme_coins_the_same_thing/jhatz9r/ > the market gives you indicators of who the sure losers are: (August 2024) > After being -90% since 2021 ALGO, ATOM, DOT, HBAR, etc ....are like another -50% since the beginning of 2024. The thing these chains all have in common is predatory tokenomics without any demand for the token. > Doubling down on losers and buying dying projects from previous cycles is a great way to keep losing more money https://np.reddit.com/r/CryptoCurrency/comments/1elzgdl/what_l1s_do_you_think_have_a_lot_of_potential/lgweq5l/ > - ALGO has 4+ BILLION more in circulating supply since when it was $2. Much harder to reach $2 with that much more supply and that many fewer investors. (August 2024) > - Pretty much every single poor gullible soul who bought ALGO since 2019 is at a loss > - When everyone is at a loss, people are looking at a lot of different price points to exit a shitcoin they've been burned in. History shows these shitcoins never reach anywhere near ATHs https://np.reddit.com/r/CryptoCurrency/comments/1el3b04/daily_crypto_discussion_august_6_2024_gmt0/lgrgdyr/ > The Chainlink Cult and hype pushed LINK price to ~$20 in August 2020 at the tail end of the previous bear market. (October 2023 > https://coinmarketcap.com/historical/20200816/ > Since then, they have dumped about ~200 Million tokens or 60% more tokens into the circulating supply and bagholders who bought into the hype not only missed out on bullrun gains but are down -60% since 2020. > Sergey Nazarov has 450,000,000 more tokens to dump on the market. Where do you think the price is going to go long term with zero demand and zero utility for the token besides bullshit hype? Token not needed. https://old.reddit.com/r/CryptoCurrency/comments/172kuqq/daily_crypto_discussion_october_8_2023_gmt0/k4041tj/ Lastly, look at at XRP. The marketcap today is close to what it was at ATH in 2018 but the price is -40% lower today than almost 8 years ago. There has been a 50% increase in circulating supply in that time. | coin | prev. ATH mkcap(price) | current mkcap(price) | Δmkcap | Δprice | Δsupply |:-----------|------------:|:------------:|:------------:|:------------:|:------------:| | XRP | $141 Billion ($3.65)| $123 Billion ($2.09) | -12% | -42% | 52%

XyaThir

Well given the examples you provided, I am not surprised 😅 ICP and ALGO are trash and useless. ATOM lost all its hype and the community made poor choices over the past year.

DeaderthanZed

The bigger the market cap (and deeper the liquidity) the more buying pressure needs to come in to move the price. Plus those cryptos are all well known at this point there is no price discovery (plus they are all basically dead chains just hanging around on former glory and name recognition and lowly declining.) There are no brand new coins coming anywhere close to flying past ALGO, ICP, and ATOM. The newer coins that did reach that high of market cap are very few and are basically all L1 chains themselves- except with newer tech, more users, more money, and more mindshare, and more unique use cases than the dinosaur chains (HYPE, SUI, TAO.) Most notable would be hyperliquid which reached close to top ten in market cap by first developing one of the best crypto native products (top onchain perps dex) then delivered an airdrop that went almost entirely to the community, and then developed their L1 chain and ecosystem. In terms of mindshare on social media they’ve been probably fourth in all of crypto behind btc, eth, sol over the last year they have absolutely crushed it.

Blooberino

XNO, XLM, ALGO, etc. have entered the chat.

biba8163

Are ISO-20022 Bagholders going to create a support group for gullible who fell for the ISO-20022 Meme? Every one of these shitcoins is down -40% to -60% from pumping off the ISO meme narrative in November to December. > "Those compliant with some sort of ISO are going to be the first ones adopted by institutions" > "Chainlink CRE being built using XRP, HBAR etc. That's the secret ingredient in this insane price action." (LINK -55%) > "Could this be some of the “tech” aspects of these crypto gaining value" > "It's about a new payment standard being built. Basically the new SWIFT" > "ISO 20022 is important for large scale adoption of digital currencies for large financial institutions" > "ISO20022 will make it easier and more efficient for large financial institutions and big companies to settle large remittances faster and more cost effectively" - XRP -40% - ADA -50% - XLM -50% - HBAR -60% - ALGO -66% https://np.reddit.com/r/CryptoCurrency/comments/1gu4pwb/are_the_iso_20022_coins_pumping/

luffy6925

This is honestly better than 90% of the YouTube "deep dives". I’d listen to a podcast where you just roast portfolios with zero mercy. The ALGO yearbook line killed me

Prestigious-Slide-73

ChatGPT but I think it’s fairly accurate. XRP (Ripple): The crypto equivalent of a messy court case. It’s like the divorced dad of your portfolio — promises it’s turning things around, but it’s been in litigation longer than “The Winds of Winter” has been in draft. Every time XRP pumps, someone shouts “ISO 20022!” like it’s a magic spell. It’s not. ZEBEC: Streaming payments on Solana? Great in theory — if Solana could stay online long enough. Zebec sounds like the name of a budget sci-fi villain, and right now its token price is about as scary as a balloon animal. ONDO: Tokenized real-world assets sound sexy until you realise you’re basically trying to make TradFi cool. It’s like slapping NFTs on a filing cabinet and calling it DeFi. You’re betting on regulators to be innovative. Bold. Hedera (HBAR): Enterprise-friendly DLT that’s “governed by giants” like Google and IBM… who all forgot they were on the council. Feels like the guy in your friend group who keeps name-dropping, but no one can remember what he actually does. Stellar (XLM): Built for cross-border payments — just like XRP. Because who doesn’t love a redundant token in the same portfolio? If XRP is the divorced dad, XLM is the quiet sibling who works at a nonprofit and always gets overlooked. Has been “about to moon” since 2017. Algorand (ALGO): Developed by an MIT professor, and it still can’t get invited to the cool kids’ table. It’s efficient, green, and utterly ignored. If crypto had a high school yearbook, ALGO would be voted “Most likely to have great tech that no one uses.” Cardano (ADA): Slow, academic, and constantly “about to launch smart contracts.” ADA is the PhD student who’s been ABD (“all but done”) for five years. Fans treat Charles Hoskinson like a tech messiah, but he’s really just crypto’s Tolkien — detailed worldbuilding, zero delivery. XCN (Chain): Wait, this one got rebranded like three times, right? Chain is trying so hard to be taken seriously it forgot to bring actual utility. You know it’s bad when your coin chart looks like a ski slope. JASMY: The meme token pretending it’s not a meme. Japanese IoT data rights token? Cool story. Except it trades like someone spilled Pepsi on a Dogecoin fork. Your investment thesis here is pure hopium and vibes. ⸻ Final verdict: This portfolio is like a crypto museum — filled with relics from the “next big thing” era. It screams, “I bought the narrative, not the chart.” You’ve got enterprise tokens no one uses, ISO-compliant has-beens, and enough dead weight to sink a floaty in a kiddie pool. Roast rating: 8.7/10 Hold tight - At least you’re diversified across underperformers — that’s… something.

OccasionalXerophile

'Past performance is not indicative of future performance'. All the more reason why ALGO has much more room to grow

biba8163

Continue to downvote. You can try to teach Alt bagholders some common sense... > - ALGO has 4+ BILLION more in circulating supply since when it was $2. Much harder to reach $2 with that much more supply and that many fewer investors. > - Pretty much every single poor gullible soul who bought ALGO since 2019 is at a loss > - When everyone is at a loss, people are looking at a lot of different price points to exit a shitcoin they've been burned in. History shows these shitcoins never reach anywhere near ATHs https://np.reddit.com/r/CryptoCurrency/comments/1el3b04/daily_crypto_discussion_august_6_2024_gmt0/lgrgdyr/ ...but you can't stop them from circle jerking themselves to a loss > This is just the start...keep buying, keep holding, keep in the game! Whatever you’re doing, this is just the start, keep doing it, any of it. Just don’t sell yet. We have a long way to run in the next 9-12 months! https://np.reddit.com/r/algorand/comments/1h453n2/this_is_just_the_start/ > Algorand hitting the 50 cent mark.. bring the gains https://np.reddit.com/r/algorand/comments/1h41e2y/algorand_hitting_the_50_cent_mark_bring_the_gains/ > Well... I'm still gonna buy more https://np.reddit.com/r/algorand/comments/1h2ga4b/well_im_still_gonna_buy_more/ > With an additional ability to get paid to run a node if you have a 30K+ ALGO bag. Approximately $8K right now… you can still stake with less, but you will pay some of your profits to a platform/node for the opportunity. > Right now, might be a great time to top off your node bag as this would cost almost $100K at ATH. https://np.reddit.com/r/CryptoCurrency/comments/1ir6hmv/comment/mdawj7e/

biba8163

I posted this in July 2023: > *"Investing in ALGO would have been horrible when the sub loved it. I wonder if it's time to invest in it now that everyone hates it."* (June 2023) > $9,500 put in 1 BTC in June 2019 would be $30,500 > $9,500 put in ALGO in June 2019 would be $650 > Makes me wonder about the IQ of crypto investors who think FLOODING the market with more and more tokens and tanking the price will make it more bullish for the price to go up. What fucking logic. https://np.reddit.com/r/CryptoCurrency/comments/14y519h/daily_general_discussion_july_13_2023_gmt0/jrszcov/#jrt1yrq - If you had any common sense and exchanged that $650 ALGO in 2023 for BTC, that $650 in ALGO exchanged into BTC would be $2,200 today - If you were a big dummy and said don't sell Alts at a loss/bottom, Alt Season is coming, that $650 in ALGO in 2023 is worth $700 today. Now, here is the long term pain of investing in a scam like ALGO: - $9,500 put in 1 BTC in June 2019 is $105,000 - $9,500 put in ALGO in June 2019 is $700 > - ALGO has 4+ BILLION more in circulating supply since when it was $2. Much harder to reach $2 with that much more supply and that many fewer investors. > - Pretty much every single poor gullible soul who bought ALGO since 2019 is at a loss > - When everyone is at a loss, people are looking at a lot of different price points to exit a shitcoin they've been burned in. History shows these shitcoins never reach anywhere near ATHs > - Shitcoin Predator Silvio Micali kept 20% of the supply to himself. It took Jed McCaleb 7+ years to dump all his 9% XRP supply. Silvio will be dumping for free money for years https://np.reddit.com/r/CryptoCurrency/comments/1el3b04/daily_crypto_discussion_august_6_2024_gmt0/lgrgdyr/

Grunblau

Yeah, by Silvio and Staci. Soon they will be out of ALGO to dump, however.

OccasionalXerophile

ALGO at 0.16 cents is the steal of the century.

UhUhWaitForTheCream

Just chill and ALGO yourself.

Launchpad_McQuack20

Sounds like someone gave their granny 💩 memecoin advice lol Had she invested into $CRO, $XLM, or $ALGO she’d be sittin’ quite alright

Onauto

Volatility is part of crypto. Given current events, it’s expected the market is down. I suggest you DCA your own money adding to grandma’s as the next 3 to 6 months will likely bring heavy returns for specific cryptos. You’ll be fine with link and dot. I’m sorry you got suckered into trump coin. NO MEMES! I’d make this right by stacking g-mas account with ISO20022 compliant coins. That means XRP, XLM, XDC, HBAR, ALGO, QNT, IOTA. Banking compliance deadlines are July 14 US and November 22 globally. Get to work and make her proud. JMO, not financial advice.

Brooklyn_Q

Buying more of: BTC / ETH / HBAR / AVAX / LINK / ALGO / SOL / FET 😎

Onauto

Just get your own. ISO20022 deadlines are July 14 US and November 22 globally. All the regulations should be passed by then. ISO compliant cryptos are XRP, XLM, XDC, HBAR, ALGO, ADA, IOTA, & QNT. It’s that easy for the next 20 years. JMO

biba8163

Ripple/XRP is Crypto's Original Sin. > I started working on ripple in the summer of 2011. I soon hired Arthur and David to help me. In 2012, I met Chris Larsen. He joined us about 5 months before ripple was launched. **Chris, Arthur and I kept 20 billion XRP, of which 9 billion were mine.** We gave the remaining 80 billion to OpenCoin. - Jed McCaleb https://web.archive.org/web/20150418092231/https://xrptalk.org/topic/2629-selling-my-xrp It used to be that crypto was supposed to be fairly mined, distributed and anything where the the founders might have gamed the system to hog a big percentage of the coins to themselves was a scam. Ripple was funded by big money Venture Capitalists and the premined supply was kept by the founders to themselves, VCs, and early investors. Ethereum followed that playbook and newer coins like ALGO, AVAX, DOT ,etc have only become worse and worse with VCs keeping the majority of the supply for themselves and scammers like Silvio Micali upping the founders reward to keep 20% of the supply. **Ripple seed investors from 2013 are all VCs** - Andreessen Horowitz - Lightspeed Venture Partners - Pantera Capital - Vast Ventures - Bitcoin Opportunity Fund - Google Ventures - IDG Capital Partners - Core Innovation Capital - Venture51 - Camp One Ventures - IDG Capital Partners **Ethereum investors from 2014** - Konstantin Lomashuk and Vasiliy Shapovalov of Cyber Fund (VC) - Adjacent Venture Capital - Artichoke Capital - Blockchain Assets - Compa Capital - CRVN Capital - Flux Capital

biba8163

This is the problems with shitcoins: - They randomly pump for no damn reason - They generally give yo a small window to dump - Cult communities are so invested in the project and narrative that they make you believe this is just the start, the coin is undervalued and the market is just realizing it and how much progress has been made, etc. ADA went from $0.30 in November to $1.20 in December for no damn reason and instead of selling, you are cheerleading it. Same with almost every coin like XLM, ALGO, HBAR, etc. > **Just remember to take profits and reinvest in a bear market.** (Nov. 2024) > Everyone who said the ADA was dead was wrong. > Cardano is a top project, but you need patience https://np.reddit.com/r/CryptoCurrency/comments/1gnnn7i/daily_crypto_discussion_november_10_2024_gmt0/lwe3vwv/ > ADA is pumping right now and we are already at $1.20. (Dec. 2024) > Go Cardano! https://np.reddit.com/r/CryptoCurrency/comments/1h4hidw/daily_crypto_discussion_december_2_2024_gmt0/m01tnml/

Due-Candy-8929

It’s really a case by case scenario- some memes have more stickibility - doge shib Pepe and other well known ones, but I think a lot of the new memes that are dropped these days are pretty much a one and done pump… depending on where you are in the world there are tax benefits for holding over a year, and selling and buying will cost fees as well so personally I don’t sell and buy much, just buy and hold til it’s worth selling… but I don’t do meme crypto either - lots of utility alts though! XRP SUI XLM HBAR LINK ETH DOT ALGO ADA FLR

jawni

>Because the platform is not US only. You will have Argentinians tipping Brazilians while buying soccer shit from Vietnam. XLM and XRP was built for this. Every smart contract chain can very easily facilitate this. >XDC was built for tokenization. DOGE will be integrated unless Musk is over it because of the government entity he founded. Which chain *isn't* built for tokenization? And DOGE, one of the few without tokenization, can't really be implemented in many ways as it is lacking in that functionality as well as others and as an asset it isn't close to as interoperable as it would need to be. >ETH is apparently cheap to move now. I wouldn’t know because of my PTSD from using it before. AVAX because that has been a move a few projects I have been watching did. Like FIFA, for example. This would be a closed option, but it would benefit validators. AVAX because a single ALGO project, which is an NFT game and not really the same type of thing as this, migrated to AVAX? >Solana seems too obvious as a no-substance-tech-bro play No substance? Kraken just chose Solana to for their tokenized stock trading. Robinhood also considering both Arbitrum and Solana for their tokenized stock trading. Bybit going to launch their DEX on Solana. So there is a lot of momentum for choosing Solana for this type of thing. There is also Solana's strengths as a payment processor that are obvious from it's partnerships with Shopify, Paypal, Visa, Stripe, etc. >and I think it is tarnished a bit by TRUMP. It is anyone’s guess. If I knew, I’d be accumulating, but I don’t. The people that make the decisions on what platforms to use generally understand that blockchains can't dictate what people use them for. So TRUMP launching on Solana is not viewed negatively by the most respected people, even if those same people view TRUMP the asset as generally negative. It's typically viewed as an endorsement of Solana's tech. >Not even sure BTC would be accepted because this would counter his anti POW stance. His anti-POW stance was tied to renewable energy usage milestones which I believe have been met a while ago.

Grunblau

I said this when Algorand dumped $50M ALGO on the corpses of their bag holders to buy USD. I said it simply shows what they would rather hold. I continue to hold in hopes they install JAWs or some other inspiring CEO that comes in and takes over. Projects should pay vendors in chain tokens and leave it up to the vendors to decide if what they are building will have any value. Projects could also add unlock schedules to rewards. At least Charles is buying BTC not fiat.

Eltriux

Nice picks with Zebec, BSL, DOVU, XPR, Velo, and SHX! For sub-penny coins, watch HBAR or ALGO if they dip below a cent—solid tech and adoption. Check new presales like utility meme coins for big gains. Always DYOR and diversify. You holding long-term or flipping?

Longjumping-Bonus723

Wrong. Just check the Chainlink YouTube channel for example if you want a glimpse of the future ;) Alts are coming for institutional use. I'm 100% sure about this. If you actually do your research you'll see hundreds of entities like banks, central banks, enterprises, regulators, governments etc. being involved in projects like LINK ALGO HBAR XDC Quant etc. =]

Top_Mind9514

ALGO

Calibased

You didn’t list kucoin so this is all invalid unfortunately. Buy $FLOKI $VRA $ALGO $BLOK

Due-Candy-8929

Ripple / XRPs longevity is a big advantage over newer companies… consistently being in the top 10 and being one of the first cryptos gives a heavy advantage… (Bitcoin has the BIGGEST first mover advantage, but ETH / XRP / SOL benefit as well) when a transfer takes 1-3 seconds it’s other areas of infrastructure slowing it down… when a fee is less than $0.001 It doesn’t matter if it’s cheaper… look at all the collaborations / acquisitions / adoption… companies not just buying reserve but putting utility into action… Tbh most people who believe in XRP also believe in the potential of a lot of cryptos as well and tend to be diversified - XRP is my biggest bag (partly as it has outperformed the market over the last year so has naturally become worth more than other tokens with the same amount invested) but I also hold SUI LINK DOT FLR ALGO ADA XLM … I feel like most of the hate is just residue from Bitcoin Maxis saying whatever brain dead takes they can think up … Besides - I much prefer a Ripple Brad vs a MicroStrategy Michael

TheIrishStag

Algorand is the quiet sleeping giant. Works with a Pure-proof of stake or PPOS and is a hard capped at 10B coins by 2030. They have one of the fastest and most transactions per second average is 47,000 TPS and has never been down. It's carbon negative and quantum computer ready as well. Nodes can be operated by anyone who holds 30k coins and helps keep the chain decentralized. Also ALGO has lots of Real world Assets being used like homes, tickets, contracts, etc... Also recently they introduced the "Immurse" Mastercard that allows for seamless payments anywhere Mastercard is accepted. It's working wonderfully already. Lots of governments are considering using i5 to for their own digital currency. Just a few things I can remember lf the top of my head

TheIrishStag

ALGO

FL4SH-

I got a fair amount of ALGO, hopefully it flies

simaatjuh

All in $ALGO

CleverClover222

Seems like both ADA and ALGO have room to at least 2x imho....may just be wishful words though.

homerdickens

ADA, AVAX, DOT, ALGO, VET, NEAR. (layer1, rwa, ai)

Grunblau

AVAX, ALGO, XLM, SOL Already have enough BTC, ETH…

FerdaStonks

Yep, your cost basis is $0 and you owe taxes on what you received at the time you received it. That price then becomes your new cost basis for when you sell because you already paid taxes up to that point. I got screwed with this a few years ago with ALGO ASA air drops. I got a few drops that were worth $100 when I got them but within days they were worth $0 with no liquidity to swap out to make the loss cover the taxes on the drop.

Grunblau

I think it will be the preferred gamer chain. It has stolen a couple apps from Algorand. AVAX and ALGO are two of my biggest bags after BTC and ETH. Check out Off the Grid if you are interested in application of Avalanche.

Due-Candy-8929

Dont trade emotionally and don't just follow retail along blindly… you are likely to sell the bottom abs fomo buy back in at the top … I hold a lot of alts : XRP ETH SUI LINK HBAR XLM DOT FLR ALGO ADA … but I’m not worried and not watching the charts too closely - a lot of analysts are expecting an alt season but the average retail speculator will get scared out and buy back in once they feel safer… buy the fear, sell the greed… should be more worried when people are saying “ITS NEVER GOING DOWN!”

Due-Candy-8929

I much prefer to be diversified : currently holding XRP ETH SUI LINK HBAR XLM ALGO ADA DOT FLR... I stay away from memes / leverage - larger caps like ETH / XRP are a bit safer than smaller caps, but the higher you go up the risk profile the higher the potential returns as well... I like to play fairly safe though and don't really go into anything that small - be prepared to see high volatility, and to take profits and take some risk off the table as well - I don't plan to do a round trip this cycle! I don't think I'll be able to sell the top, but I plan to scale out of most of my cypto and take profits

Awkward_Many9565

FET, GRT, ALGO, solid picks, but keep your bet small

Due-Candy-8929

I like LINK… it’s one of my top bags along with other utilty tokens like XRP XLM HBAR SUI ALGO ADA FLR DOT… I don’t really care too much about the prices but the tech is cool and hope to see more and more adoption and real world utility … prefer to invest in technology I believe in than just mindlessly buy BTC… also I don’t trade memes

dompatsos

First make sure you put aside at least 3 months worth of expenses (emergency fund) in a readily accessible HYSA since you won’t have a monthly income until your next job. After you’ve done that you can begin buying the ‘dip’ - Bitcoin is still near ATH so maybe wait to see how things play out before buying back in. ETH still has plenty room for growth assuming favourable market conditions moving forward. Kaspa is a great project too. Consider HBAR, LINK and ALGO too. Depending on the size of the bonus you can hedge by buying Gold or a global ETF (although equity markets are near all time highs as well).

Aconyminomicon

It happened in November for any coins ISO20022 compliant. HBAR, XRP, QNT, ALGO, etc. all went up 3-4x in November to December. It is done now. The next narrative will be real world adoption starting with cataloguing RWA's.

biba8163

The Opportunity Cost of Shitcoining...when you were warned but keep on Shitcoining > *"Investing in ALGO would have been horrible when the sub loved it. I wonder if it's time to invest in it now that everyone hates it."* (June 2023) > $9,500 put in 1 BTC in June 2019 would be $30,500 > $9,500 put in ALGO in June 2019 would be $650 > Makes me wonder about the IQ of crypto investors who think FLOODING the market with more and more tokens and tanking the price will make it more bullish for the price to go up. What fucking logic. https://np.reddit.com/r/CryptoCurrency/comments/14y519h/daily_general_discussion_july_13_2023_gmt0/jrszcov/#jrt1yrq Today: - $9,500 put in 1 BTC in June 2019 is $105,000 - $9,500 put in ALGO in June 2019 is $600 > - ALGO has 4+ BILLION more in circulating supply since when it was $2. Much harder to reach $2 with that much more supply and that many fewer investors. > - Pretty much every single poor gullible soul who bought ALGO since 2019 is at a loss > - When everyone is at a loss, people are looking at a lot of different price points to exit a shitcoin they've been burned in. History shows these shitcoins never reach anywhere near ATHs > - Shitcoin Predator Silvio Micali kept 20% of the supply to himself. It took Jed McCaleb 7+ years to dump all his 9% XRP supply. Silvio will be dumping for free money for years https://old.reddit.com/r/CryptoCurrency/comments/1el3b04/daily_crypto_discussion_august_6_2024_gmt0/lgrgdyr/

homerdickens

ADA, AVAX, DOT, VET, ALGO. layer1 and RWA gonna be the niche

MousePoint85

I hold BTC for security, ALGO for the tech and PEP for the gains 💪💪

oroechimaru

The foundation tracks but im not familiar with tech group, my assumption is its used to pay for developers: https://algorand.co/algorand-foundation/transparency I get it you hate algorand but it seems like you are just hungup on dated misinformation? “Algorand's token distribution: The total supply of ALGO is 10 billion tokens. This supply was created at the genesis of the Algorand blockchain. The distribution of these tokens is governed by a defined plan. Algorand Technologies' role: Algorand Technologies, the company, is not a large holder of ALGO itself. Their role is more about ensuring the smooth functioning of the network, providing resources for development, and incentivizing participation. ALGO distribution: The Algorand protocol has a fixed and immutable distribution plan for the 10 billion ALGO tokens. This plan allocates tokens for different purposes, including rewards for Participation Nodes, Relay Nodes, and for the Algorand Foundation and Algorand Inc. Circulating supply: A significant portion of the 10 billion ALGO is in circulation, currently around 8.6 billion. The circulating supply will continue to increase as the distribution plan is carried out, according to CoinMarketCap and Kriptomat. “

Due-Candy-8929

I’m also holding ETH , ALGO, ADA, HBAR, DOT, SUI… Ones I’m holding that you’re not include XRP XLM LINK FLR

Responsible_Drive380

Looks like good diversification to me. One alt season kicks off I'd be rethinking your btc allocation - either reinvest or pull out and wait for the cycle low. I'm a bit fan of ALGO - some interesting developments in regards to BUILD and tokenised T Billls today. SOL also has big institutional interest. Do give us an update as the year progresses. Good luck to you friend 🙂

DingDongWhoDis

🤦‍♂️ That's not finality. The speed of a transaction landing in a recipients wallet is not time to finality. Again, ALGO takes 2.8 seconds and is 100% final. Big difference.

gonzoes

ALGO ! Love to see it being mentioned more very slept on projects going on over there

biba8163

> I don't think Sylvio/Algo is motivated by pure self enrichment When you gift yourself 20% of the supply of the coin, it is 100% motivated by pure self enrichment. > Good thing is it's a fixed total of 10 billion, not constant/lifelong inflation. You must be new to crypto to think these shitcoins have a fixed supply. Founders/Devs/Insiders/Foundations print more tokens when they run out of money and will push the changes through one way or another, either unilaterally, through votes or through threatening the community/investors that development cannot continue without more funding. - NEM which was staple top 10 crypto in 2017/18 increased its supply with a new token when the Foundation ran out of money https://np.reddit.com/r/CryptoCurrency/comments/ao4yb2/nem_xem_decentralized_governance_gone_wrong_nem/ https://np.reddit.com/r/CryptoCurrency/comments/mlixbw/crypto_tragedy_2021_nemxem_40_drop_in_hours/ - Stratis which was a top 10 crypto in 2017 increased its supply with a new token when they ran out of money https://np.reddit.com/r/CryptoCurrency/comments/jlga8p/scam_alert_the_stratis_team_has_announced_a_token/ - IOTA which was once a top 5 crypto increased its supply by 60% recently when they ran out of money http://np.reddit.com/r/CryptoCurrency/comments/16ms0f3/drama_in_a_unilateral_decision_iota_foundation_ceo_announces_60_new_token_s/k1abhle?context=3 - CRO did a 2nd ICO where the original token holders went from holding "0.002% of the supply to only holding is only worth 0.00001%" in a "major switch scam." https://np.reddit.com/r/CryptoCurrency/comments/i2t327/stay_away_from_the_cryptocom_scam_they_cheated/ - Polygon is increasing its supply by 20% to give 10% to node operators and 10% to the Polygon team https://np.reddit.com/r/CryptoCurrency/comments/1byygey/trying_to_understand_how_polygons_token_migration/ - RocketPool tokens went from a hard limit of 18M to 5% infinite inflation to pay for development - FTM (Sonic) increased their capped supply by 15% with the Sonic rebranding https://np.reddit.com/r/FantomFoundation/comments/1huwjrp/ftm_to_sonic_supply_increase/ This guy called out these coins in 2022 and MATIC, FTM already increased their supply. Governors with heavy ALGO bags who think their supply is capped and will find out soon enough.... > - Polygon - Model likely not sustainable past 2024 > - Avalanche - Model likely not sustainable past 2030 > - Algorand - Model likely not sustainable past 2030 > - Fantom (Sonic) - Model likely not sustainable past 2024 https://np.reddit.com/r/CryptoCurrency/comments/w6z0lx/why_max_supply_is_often_a_lie/ (2022)

biba8163

> Exchanges are just after money. It's that simple Solid, legit long-term projects that the OP talks about are just solid, long term rugpulls and scams. It's that simple. 7 1/2 years ago, Coinbase CEO Brian Armstrong tweeted that Decentralized Apps would replace the top user content and social media apps and centralized companies would be competing against DAOs. > I think most or many user generated content apps on the web today (stack overflow, YouTube, Facebook, Reddit, quora, github etc) will all get rebuilt on the decentralized web and every upvote/like/star/follower/etc will send real money to the creator of the content - January 2, 2018 https://gist.github.com/travisbrown/ef999d98e9f79c05221bebb36563e3ec 7 1/2 + years ago, Brain Armstrong was hyping up 2 projects as having legitimate use cases, utility and primed for adoption -- and these were the first 2 ERC-20 tokens listed on Coinbase: - BAT is -92% since 2018 (Brave Browser token) and the - ZRX is -98% since 2018 (Bullshit DEX token hype) Almost 8 years later, there is no indication of anything like this being built on crypto 6+ years later. Still VCs and Foundations generating hype and dumping worthless tokens on gullible crypto investors. All the 2017 projects that people fell for that were going to decentralize Compute, Storage, etc like SIA, Golem, are also down -97% with people investing in them having lost most of their mone;y. Scammers like big brained Brendan Eich, creator of Javascript and founder of the Mozilla foundation were telling investors in 2018 that his BAT scam was going to outpeform BTC https://x.com/BrendanEich/status/956237347649069057 - Breden Eich 2018 After BAT slowly rugpulled investors, Brendan Eich has moved on to his other project RNDR and people are still falling for his solid, legit long term project. In 2015, Emin Gün Sirer was pretty much calling all Alts scams saying they don't do anything innovative and was just project founders trying to enrich themselves to get more BTC. > I am most excited about the efforts to build new value-added services on top of the Bitcoin blockchain....Altcoins are useful as testing grounds for new ideas. Ideas that are deemed too risky or too unknown to integrate into Bitcoin can be tried in the smaller universe of an altcoin. Sadly, however, most of the altcoins in existence do not actually have sufficiently innovative ideas at their core. In many ways, they are reactions to the distribution of wealth in the Bitcoin blockchain - Emin Gün Sirer 2014 https://bitcoinist.com/exclusive-interview-with-professor-emin-gun-sirer/ In 2015, Emin Gün Sirer is probably a billionaire with his own project AVAX which got seed funding from by VCs and has been relentless dumping tokens on gullible investors and will continue to bleed out like the rest of the Alts. Emin joins another professor, Silvio Micali, who also launched his own project ALGO and kept 20% of the supply as a founders reward and the project uses money collected from dumping tokens is used to buy FIFA sponsorship, racing sponsorship, dead file sharing companies Napster, LimerWire, etc and a lot of bullshittery to lure new buyers

Onauto

I’d be doing some diversification. BTC is value storage. XRP, XLM,XDC, ADA, SOL, HBAR, ALGO, and LINK are more likely to see aggressive growth between now and December. Hold and wait for the days people are freaking out over the green candles and sell DCA style on the up flow. Buy the blood and sell the green.

Secret-Tackle8040

Please don't buy this guys ALGO bags. It will absolutely never recover.

Onauto

XRP, XLM, XDC, SOL, ADA, HBAR, ALGO, & LINK Solid cryptos with a future imo. If you’re feeling wild, ZBCN and KAS.

kshtwgky59

Here? Last cycle especially, there were a lot of altcoin shillers. From "ONE to $1", ALGO, LRC, to that "CRO guy" Just don't overdo it I guess

Responsible_Drive380

Are you thinking long, medium or short term? I'm a massive fan of ALGO myself but at this point in the cycle I reckon any of the top 25-50 are solid plays. Well, maybe not trump but you never know!

MrEnganche

Is ALGO dead project?

Grunblau

I’d like to narrow my scope to 5-7 projects. Likely BTC, ETH, AVAX, ALGO, XLM, a meme or two. Been too difficult to keep up with like 25 different projects and staking, etc…

Grunblau

I have been talking about Off the Grid and always include AVAX among my favorites. ALGO gets zero main media news unless it is negative. Probably a good sign, but exhausting.

HSuke

It's funny that Avalanche never gets mentioned on this sub despite having numerous ~~subnets~~ L1 networks, and with AVAX being 5x larger than ALGO.

Onauto

ISO 20022 compliant crypto is where I’m looking. Type it into any search 👀 XRP, ADA, XLM, XDC, HBAR, ALGO, QNT, XVG, & IOTA. I’m betting these will be okay over the next few years. Given the chance at reduced taxes on US made crypto, you might narrow it down if you like.

igoldring

ALGO bagholder?

LoveSexDraems

XDC and IOTA and ALGO ISO20022 tokens for the win

AMPnations

ALGO with the worst or no Tokenomics at all and AF dump truck 🛻 rug retail

biba8163

The Opportunity Cost of Shitcoining... > *"Investing in ALGO would have been horrible when the sub loved it. I wonder if it's time to invest in it now that everyone hates it."* (June 2023) > $9,500 put in 1 BTC in June 2019 would be $30,500 > $9,500 put in ALGO in June 2019 would be $650 > Makes me wonder about the IQ of crypto investors who think FLOODING the market with more and more tokens and tanking the price will make it more bullish for the price to go up. What fucking logic. https://np.reddit.com/r/CryptoCurrency/comments/14y519h/daily_general_discussion_july_13_2023_gmt0/jrszcov/#jrt1yrq Today: - $9,500 put in 1 BTC in June 2019 would be $104,000 - $9,500 put in ALGO in June 2019 would be $630

DiamondTendieHolder

XRP, XLM , ADA, HBAR, ALGO, Shiba (if it were to go to $0.10-0.50), ETH and BTC.

biba8163

> Close to $3.0Trillion says otherwise !! That growth is all BTC and Stablecoins. Excluding BTC and Stablecoins, the total Alt Marketcap has shrunk -30% since 2021. - $2.1 Trillion is BTC - $0.24 Trillion is Stablecoins BTC is the ONLY crypto appreciating long term. Stablecoins are expected to reach $1.6 Trillion to $3.7 Trillion by 2030. Stablecoins should easily overtake Total Alt Marketcap in a few years. ETH, TRON, SOL, ALGO and ETH L2s are competing networks are just rails for stablecoins and tokenized assets. These networks need to remain cheap to compete. They are NOT long term appreciating investments. If people still don't grasp this, it's going to continue to be a painful lesson in opportunity cost. > Citi’s baseline projection shows the market jumping to $1.6 trillion by 2030, assuming regulatory support and institutional integration continue apace. > A more optimistic scenario would push the market to $3.7 trillion, a figure that surpasses the current global cryptocurrency market cap of $3.45 trillion. https://www.pymnts.com/cryptocurrency/2025/citi-stablecoin-market-could-hit-3-7-trillion-by-2030/

Impossible_Half_2265

From meta To sort the ISO 20022 compliant cryptocurrencies by market value, we need to look at the current market capitalization of each coin. Here's a list of some ISO 20022 compliant cryptocurrencies, sorted by their market value: - *Top Compliant Cryptocurrencies:* - *Ripple (XRP)*: With a strong focus on cross-border payments and integration with financial institutions, XRP has gained significant traction. Its market capitalization is substantial due to its widespread adoption and partnerships with major banks. - *Stellar (XLM)*: Stellar's focus on financial inclusion and fast, low-cost transactions has made it a popular choice. Its market value is considerable, driven by its partnerships and growing adoption. - *Cardano (ADA)*: Cardano's robust blockchain platform and focus on security and scalability have contributed to its significant market value. Its peer-reviewed development approach and strong community support have driven its adoption. - *Algorand (ALGO)*: Algorand's fast, secure, and scalable transactions have made it a versatile solution for financial applications. Its market value is driven by its growing adoption and support for smart contracts. - *Quant (QNT)*: Quant's focus on interoperability between blockchain networks and traditional financial systems has contributed to its market value. Its Overledger protocol enables seamless communication between different networks. - *XDC Network (XDC)*: XDC Network's blockchain solution supports trade finance and tokenization of real-world assets. Its partnership with R3, a consortium of over 200 financial institutions, has driven its market value. - *IOTA (MIOTA)*: IOTA's focus on the Internet of Things (IoT) ecosystem and scalable transactions has contributed to its market value. Its unique architecture and quantum-proof cryptography have driven its adoption ¹ ². Please note that market values can fluctuate rapidly due to various factors, including market sentiment, regulatory changes, and technological advancements. For the most up-to-date market values, it's best to check reputable cryptocurrency exchanges or financial websites.

Onauto

XRP, XLM, ADA, SOL, HBAR, QNT, ALGO, XDC have excellent use cases. Easy picks for me. ISO compliant cryptos should do well over the next 10 to 20 years and regulation is coming. Utility and tokenization is on the near horizon and already beginning to manifest. JMO

Due-Candy-8929

I like to diversify, alts I have include XRP XLM HBAR LINK SUI ADA ALGO DOT FLR ETH… been holding most over a year now

Due-Candy-8929

You do you, but I’m happy avoiding leverage + memes, been buying XRP XLM HBAR LINK SUI ADA DOT FLR ALGO ETH - happy just buying and holding til its worth selling - pick up more in the corrections

Due-Candy-8929

I have seen at least 3 of these posts over the last few days 🤔 diversify, research, don't fomo in or panic sell out, wise to stay away from memes / leverage / telegram... Personally my favourites are XRP XLM HBAR SUI LINK ETH ALGO DOT ADA FLR

FL4SH-

Add HBAR and maybe ALGO, the rest look decent. I’m big on Sui and ETH

AnoAnoSaPwet

Depends on what you can afford? Generally I'd recommend users to invest in anything that's still active that "has, is working towards, or develops" smart contracts.  My favorites are ADA, ATOM, DOT, ALGO, POL.  All still relatively cheap, with the exception of ADA.  It also doesn't hurt to buy a small amount of let's say LTC/XMR/BCH (alternative Proof of Work cryptocurrencies that are still around, because you can buy whole coins right now).  You never know? I remember when Ethereum was like $8 and look at it now. 

MostAssured

Long-term for stability and modest gains: BTC & LTC (based on history, uptime, decentralization, most used, most reliable, most scarce, most secure, ETF support, etc.) Long-term with more risk and potentially much higher reward: Something that is quantum-resistant such as QRL or something that can everything very well such as ALGO I believe ETH has had its day. It does not have the first mover advantage that BTC and LTC have, and it’s suffered a lot of problems over the years with high gas fees and developers moving to other ecosystems. It increased in value because at one point it had the best tech. That is no longer the case.

XRPXLM987

Think about racing at the athletic events. The organizer hires 1 athlete to play the rabbit ( hint - BTC). When crypto came into existance the power that be, needed a showcase for the world, behold : the champion emerges ! However almost 2 decades later, when the blokchain technology is on the way of replacing TRADFI or at the very least merging itself into it, BTC is outdated and being outperformed (technically) by almost any utility crypto. Thus I say the 4 horsemen of The Apocalypse will be : XRP XLM HBAR ALGO

XRPXLM987

XRP XLM ALGO HBAR. Safe bet for 10 years. BTC definitely not.

Azzuro-x

Let me try to understand your calculation. Assuming you've invested 30k ALGO and you receive 9.7 per day your total income in 6 months is roughly 1800 ALGO. That is quite far from the half of your initial investment namely 15k ALGO (not to mention the price of Algorand is 50% less than half a year ago).

Due-Candy-8929

My top coins are XRP XLM SUI ADA ETH LINK HBAR DOT ALGO FLR

Dr_Panda_Mick

Thanks for those details i’ll see if i add it to my portfolio. As it sounds like it holds up with my portfolio of ADA, ALGO and NANO in terms of prioritizing speed, decentralization and low fees

Due-Candy-8929

XRP being the top performer in the top 100 cryptos and being up 402.5% over the last year is a pretty solid medicine haha… Top 50 Performance over the last year : XRP 402.5% SUI 323.7% XLM 193.4% HBAR 93.1% ADA 84.4% BTC 62.6% ALGO 37.4% LINK 26.7% ETH -12.6%

Due-Candy-8929

As someone who took that higher risk over the last 1.5 years it’s been my best performer - currently holding XRP XLM HBAR LINK SUI DOT FLR ALGO ADA ETH

AnyWaltzWillDo

All coins have a community. It doesn't matter if it's DOGE, PEPE or even BTC. I would say XRP is a speculative asset. It has a defined use case that it does exceptionally well. The question is whether we will see adoption. Long term that is the speculation. This is very common. LINK, ETH, ADA, ALGO and even Tesla stock is all priced on speculation.

Loose_Flipflop_99

VeChain, HBAR, ALGO

endigochild

Instead of "little of everything" I'd stick to what has actual use case like ISO2022 and keep my holding small. The new financial system will run on Gold, XRP, XLM. XRP would be my main focus & biggest holding. Then XLM, XDC, HBAR, ALGO. Maybe a few other venture capital projects that are like 1-2% of your portfolio like VELO, SHX.

homerdickens

ADA, AVAX, DOT, ALGO, VET, NEAR. these are your apple, microsoft and teslas! cant go wrong witj

homerdickens

absolutely!!!! genius move buddy! make sure you buy my coins too ok? ADA, AVAX, DOT, ALGO, VET, NEAR, ACH

Due-Candy-8929

I have been buying ETH over the last few weeks while sentiment was in the gutter... 30K is pretty bold though.. tbh I would diversify it across a few alts... I hold ETH XRP XLM HBAR LINK SUI ADA ALGO DOT FLR... expecting ETH and XRP to do really well and are fairly safe bets... however some of those smaller caps may outperform them and see higher % gains! But also... be prepared to take profits!

Plus_Seesaw2023

ALGO and ATOM. Yes.

spider_84

ALGO