welcome back everybody to altcoin daily if you're 
interested in making money in cryptocurrency   subscribe to the channel right now we drop 
one video every day keeping you informed we   put projects on your radar that the mainstream 
media they'll never share this information with   you they'll never give you perspective they'll 
never help you understand why each project is   interesting or valuable or why you should have 
these projects on your radar or why they're making   news we do this and if you appreciate that smash 
the like button you either have to be subscribed   to us or somebody like us or you have to be 
following the market every day yourself and doing   your own research on a daily basis to truly get 
ahead of the curb in cryptocurrency now anyways   in today's video what i want to do is share 
with you about 11 projects that are some of   the best in the space and this isn't just based 
on my whim this is based on verifiable evidence   verifiable data or information that you can look 
at yourself and go huh he's right about that these   projects are interesting for this reason so good 
video today make sure you watch the entire thing   let's get started do not sleep on bitcoin ladies 
and gentlemen bitcoin is going through a massive   supply shock we continue to show you the data 
in part because this is the first cycle where   people realize that bitcoin and cryptocurrency are 
not going away and so many people are preparing   accordingly for instance never in the history of 
the bitcoin network has this large of a percentage   of circulating supply in fact 85 of bitcoin 
have been held for over three months usually   people buy it sell it trade it people are buying 
it and holding it like never before supply squeeze   underway now let's get a little precise with the 
data keep this and estimate it 38 of bitcoin is   lost forever let's take supply off the market 
92 of supply hasn't moved in at least 30 days   interesting 85 of supply hasn't moved in at 
least 90 days this is a little bit different data   than what we just read but it shows a trend that 
people are buying and holding bitcoin point is the   scarcity of bitcoin cannot be overstated and for 
that reason bitcoin is our top coin on the list   next coin chain link the brilliant thing about 
chain link being natively blockchain agnostic   is that regardless of the on-chain environments 
that dapps are built on or shift to or expand   support to like eat to avalanche like eath to 
cardano like elrond to cardano all of this stuff   chain link is blockchain agnostic so it will 
continue these projects will continue to have   access to the same hyper reliable and secure 
source of external resources that they require   no matter the blockchain and they can continue 
to use chain link and not just for price feeds   not just for data feeds but off chain computation 
as well if you know something about chain link   vrf keepers and in the future ccip will continue 
to arrive on more chains with chain link   supporting lower cost blockchains layer twos means 
chain link services can also run more efficiently   meaning more use cases enabled and for this reason 
chain link makes our list today next coins on our   list combination super farm and then blue chip 
metaverse coin sandbox partnership super farm   is proud to announce a deep partnership with the 
sandbox game holders of super farm nfts will begin   to experience 3d metaverse utility and community 
members will enjoy opportunities to build   functionality and earn prizes so to be precise 
about this partnership superfarm is proudly   partnering with the sandbox a community-driven 
platform where creators can monetize voxel assets   in gaming experiences on the blockchain in fact 
the superfarm ecosystem is excited to announce the   acquisition of an extra-large estate that the 
super farm community will soon call home this   contagious plot is a whopping 24 by 24 parcels in 
size allowing players to build and explore in a   three-dimensional virtual space this collaboration 
between the sandbox and super farm lays the   foundation for a robust player-driven economy that 
spans the metaverse and drives even more utility   to super farm nfts this is huge for super farm 
related nft projects which will now have a   dedicated home in the sandbox this partnership 
will be paired with a ton of community-centric   initiatives to drive excitement and engagement 
with existing and future nft collections   so sandbox huge coin huge company super farm huge 
project huge coin partnership together pretty cool   for both speaking of partnerships which cannot be 
understated eagled is to become one of the first   cross chain assets to collateralize stable coins 
issued on cardano via the ardana stablecoin hub   so the details are this we are excited to announce 
that we've started a long-term collaboration with   our donna the stablecoin hub on the cardano 
blockchain by the way this means elrond and   cardano make our list ardana is building d5 
infrastructures for the cardinal blockchain that   will enable the issuance of the crypto backed d 
usd stablecoin and decentralized trading on their   danaswap dax automated market maker platform our 
collaboration seeks to make egold one of the first   non-native assets on cardano that can be used 
as collateral for dusd minting this will be   made possible by moving e-gold tokens between 
the elrond network and cardano blockchains   via a two-way bridge that will be developed 
by ardana in collaboration with elrond so this   is great news for elrond this is great news for 
cardano and ardonna the stablecoin hob on cardano   great news for them as well speaking of quality 
dap platforms in the space the next coin on our   list today is solana they've just partnered with 
india's version of tick tock in india they don't   have tik-tok it was banned they have another 
thing well indian tick tock challenger it's   an indian tick tock competitor so indian tick tock 
raises 19 million to launch social token on solana   according to the ceo he says what axionfinity 
did for gaming we want to do for social media   so the fact that they chose solana it's a big deal 
this is backed by some major players in the space   including galaxy digital mike novogratz almeida 
research salon capital kraken cryptocurrency   exchange the token for this india tick tock is 
going to be called gary token it's pretty new so   it's not making our list today but the underlying 
blockchain dap platform solana makes our list and   speaking of the blue chip in dap platforms another 
coin going through a supply shock different yet   very similar to bitcoin is ethereum two pieces of 
news the value of ethereum held by miners reaches   five year record levels meaning miners are 
not selling their ethereum we see this in   bitcoin all the time where they believe there 
are higher prices to come and they're holding   on to ethereum as much as possible and this 
is what the data is showing now combine that   with the fact that over 402 million worth of 
ethereum outflowed from centralized exchanges just   yesterday we are continuing to see ethereum leave 
exchanges in record numbers this is great for the   price because of everything we talk about all the 
time ethereum makes our list today now in ethereum   competitor slash interoperator is phantom it's 
been gaining steam lately and then we're going   to talk about d5 blue chip urine finance both 
of these coins making our list the news is that   urine finance and phantom rally on multi-chain 
expansion the d5 blue chip is launching on the   phantom network and we're actually continuing to 
see these projects continue to get interoperable   and just all talking to each other urine finance 
has expanded its vault to the phantom network   the wi-fi and phantom token have both reacted 
positively to the news putting in double-digit   gains plans for urine to expand to other 
chains such as ethereum layered to arbitrarily   and layered to polygon are already in the works 
so you're in finance phantom making our list today   next coin on our list is actually a sponsor of 
our channel it's called drops dow drops nfts   it's your metaverse finance your nft vaults where 
you can use your nfts as collateral it's really   interesting project backed by some big players i'm 
going to tell you what this project is and what   they're about so drops is a groundbreaking 
project that unlocks additional value for   non-fungible tokens so you have these non-fungible 
tokens what can you do with them well first of all   they just announced a closure of about a one 
million dollar round for private investors we   see big names behind this round au 21 quan stamp 
pet rock capital block star technologies a whole   host of them you can see here now they're going 
to use this capital for development marketing   operations expenses and liquidity provisions 
they're going to be well funded i guess let's   start at the beginning what exactly is drops 
from the same team that created the nft game   node runners drops is an nft project focused on 
bringing scalability and utility to nft assets by   bringing d5 style properties to nft assets users 
will be able to earn yield with and borrow against   their nfts drops nft is a pioneer in providing 
loans vaults staking and yield farming for nft   owners and investors they aim to allow digital 
creators to reach large audiences and have their   art celebrated by a growing community drops offers 
gasless transactions and a smooth user interface   by leveraging the layer 2 platform polygon in 
cooperation with by commie by economy allowing   equal participation for all so nfts is exploding 
you can understand why people want functionality   and utility be able to loan out their nfts into 
all this stuff you understand the value prop well   let's get into it further what exactly can you do 
at drops well three main use cases firstly borrow   against defy and nft tokens reduce the opportunity 
costs of holding governance or liquidity tokens   by supplying them as collateral and earning 
sizable returns and rewards on short-term loans   number two use your nfts for loans put your 
nfts down as collateral and receive instant   access to a trustless loan without having to talk 
to a lender or wait to be approved thanks to our   permission list nft lending pools and then number 
three turn your idle assets into active yield idle   assets are lost opportunities with drops you can 
get more from your portfolio by supplying stable   coins and governance tokens to fungible or nft 
lending pools in exchange for attractive returns   and rewards next coins on our list actually meme 
coins actually only good in a bull market in my   opinion but first of all dogecoin makes our list 
today people like it people like it amc theaters   roll out their first phase of dogecoin payments 
on its platform they only did this because the ceo   asked the community do you guys want us to 
accept doge and people said yes like hugely   this was the tweet announcing it from a day ago 
you can now buy this is what you can do at amc   theaters you can buy digital gift cards up to 200 
per day with dogecoin and other cryptocurrencies   using a bitpay wallet so you have dogecoin you're 
probably trying to sell some realize some profits   before the next bear market consider buying 
you know amc gift cards consider it speaking of   meme coins with dogecoin doing well we're seeing 
dogecoin copycats doing well is anybody trading   shiba inu i'm actually curious shiba inu is 
up 385 in a week it became the 12th largest   cryptocurrency bigger than elrond bigger than mina 
bigger than so many meme coin chibi inu continues   its meteoric rise soaring by another 50 percent 
over the day to become the world's 12th largest   cryptocurrency again only fun in a bull market 
but because this is a bull market because things   are looking bullish meme coins continue to gain 
favor and gain price okay that is it for me today   my friends let me know what you think of the coins 
that i picked in the comments below subscribe to   the channel if you want to be a part of a channel 
that drops daily information not financial advice   just news and opinion and information and 
with that being said i'll see you tomorrow

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