Cryptocurrency has already created about 88,200 millionaires globally, and this trend doesn’t seem to be slowing down. The recent instance where Bitcoin rewards were halved, and the prediction of an increase in demand by a factor of five post the fourth halving will only heat up the hunt for millionaire-minting cryptocurrencies. However, the cryptocurrencies under discussion are altcoins, not Bitcoin.
One of these altcoins is Mantra (OM-USD). This cryptocurrency has seen a significant surge, registering a 750% rally in a short period. Despite a recent 6% dip during the previous week, it’s still up by more than 2,000% on a year-on-year basis. Mantra recently initiated an incubator at Dubai World Trade Center and a blockchain innovation incubation program to promote its adoption and developer engagement. Further, it secured an $11 million investment to tokenize various assets, including real estate, investment funds, and artwork.
Delysium (AGI-USD) is another altcoin on our radar. It stood out as the top-performing AI-focused cryptocurrency in Q1 2024, escalating its value by over 700%. Delysium is behind the AI-driven web3 operating system, Lucy, and is exploring the establishment of a user’s “AI-twin.” They have also crafted a “playable white paper” to depict game information more interactively than traditional white papers. The increase in the value of AGI, the platform’s currency, is dependent on users’ trading and voting on game ideas.
SingularityNET (AGIX-USD), with a 201% one-year return, is a key player concentrated on AI. The AI Marketplace by SingularityNET enables users to explore, experiment with, and select from a growing list of AI algorithms. The aim of SingularityNET’s OpenCog Hyperon project is to develop a general AI system that can be extended and accessed for free. AI projects funded by the Cardano community are assisting in promoting collaboration between SingularityNET and Cardano and integrating AI services into the environment.
Conclusively, Mantra, Delysium, and SingularityNET are three altcoins that are silently creating millionaires, defying critics in the process. Each of these altcoins brings unique features and robust technology, making them appealing investments in the blossoming blockchain industry.
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