Crypto strategist and popular name in the industry, Tyler Swope, announced 5 altcoins that he believes will not be exposed to the US Securities and Exchange Commission (SEC) attack.
5 altcoins that won’t have problems with the SEC
Swope states on a video to its 163k followers that the SEC’s lawsuit against Ripple could also cast a shadow over other future crypto projects.
“The evidence emerging against Ripple is overwhelming and this time the case may be set as precedent. SEC case in federal court. As a result, not only Ripple, XRP and those involved, but also all crypto projects in the securities basket will affect all crypto projects.” group thinks selected altcoin will not be affected. According to him, decentralized autonomous organizations (DAO) tokens like PieDAO’s DOUGH top his safe list.
“An altcoin or project has no funding from investors. If he didn’t, it’s pretty clear they wouldn’t have much to worry about right now.. And even better, the execution of a project by the DAO, a decentralized autonomous organization. Therefore, there is no company like Ripple to go after it.”
Swope also states that projects that raise funds with SEC approval are also safe.. He mentions two notable projects in this context.. These are the projects that the regulator has given the green light: Enterprise-grade blockchain Energy Web Chain (EWT) and DApp and smart contract founder Blockstack (STX) for the energy space.
Swope, with the words of Walter Kok, Energy Web CEO. reminds. Kok said that regulatory compliance is a must for those running projects on a global scale.
Blockstack was the first public and SEC-approved token issuance through “Regulation A+”.. Swope reminds that this project held the first “mini IPO (initial public offering)”.
According to Swope, another type of token that is safe is airdrop projects. Examples include decentralized exchange Uniswap (UNI) and decentralized exchange aggregator 1inch.
“These are management tokens and naturally they have not raised any funds.. Because of this, Uniswap is probably safe… There’s also the 1inch that just issued a token.”
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Coins of the Future: It may be a surprise name among the top 5 coins of the future!
Cardano (ADA) will be among the top 5 coins in 2021. According to the CEO of a blockchain research firm, the TOP 10 in crypto rankings will change completely in 2021. New projects will replace all of them, including USDT and XRP.
Cardano will be among the top 5 coins in 2021
2018 During the crypto bubble period in , Cardano (ADA) price was $ 1, while its market value was over $ 30 billion.. At that time, Cardano’s market value was equal to the value of a medium-large-sized company.
Everything is different now.. ADA is currently ranked 11th on CoinMarketCap. next in line. Still, crypto companies executives think this situation is temporary.. Especially with the Shelly update, there is a strong opinion that ADA will rise again.
ADA may be in the TOP 5 in 2021
Messari CEO Ryan Selkis says that the top 10 cryptocurrencies will change in 2021. Because once again, “real garbage” has filled the industry.
According to him, from the third largest cryptocurrency to the tenth place, namely Tether (USDT), XRP and others, other projects will replace them all.. Among these, only Binance Coin will be able to maintain its place in the TOP 10, according to Selkis.
Messari’s CEO also expects ADA to be the fifth largest cryptocurrency.. Cardano’s market capitalization needs to double to reach $4.5 billion in order to take this seat.
Related – Long-term Cardano price analysis is fascinating
ADA’s Strong competition with Ethereum
According to Cardano founder Charles Hoskinson, ADA’s growth also depends on competition from other blockchains.
In a recent interview, Ethereum is still the leading smart contract blockchain. said he wasn’t. According to him, Cardano and other networks / technologies will also start to gain a foothold in this sector.
So, what do these executives think again? Because Cardano is trying to achieve many things with the Shelly update. This update will bring big innovations like “Ethereum 2.0”. As a result, the use of ADA will have the potential to increase exponentially.
Related – Cardano CEO has revealed the biggest lie in the cryptocurrency market
In the TOP 10 earthquake expectation
By the way, Selkis is not the only one who thinks that the top 10 rankings of cryptocurrencies will change.. Simon Dedic, co-founder of crypto research firm Blockfyre and advisor to the MoonRock Capital fund, also recently commented:
“I’m going to get a lot of criticism for saying this.. But I stand behind my view. XRP, BCH, BSV, LTC and EOS definitely do not deserve their TOP 10 position.
Can’t wait for them to disappear and give rise to solid projects like VET, LINK, XTZ or ATOM I’m waiting.”
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