my high conviction altcoins for 2027 Transcript, AI Summary & Key Points

00:00 Everybody's piling in now because they really do feel like, hey, we got a few years of regulatory clarity. >> As the crypto industry gets regulated for the first time in history, and as literally hundreds of trillions of dollars move on chain, >> there's going to be so much capital flowing into the industry, so much innovation in the industry that uh things things are going to be unrecognizable.

00:22 >> Here are the best altcoins, my highest conviction cryptos for 2027. I think there's still significant upside in this asset, like really material, life-changing upside. >> And while I'm not a financial adviser, I can't see the future. Make your own decisions. >> I think it could easily do what gold did, which is run up to $30 trillion. >> Just like when gold back in 2004, so this was even before YouTube existed.

00:48 When gold got its first ETF back in 2004, money for the next decade plus was finally easily able to flow in. The same thing is happening with Bitcoin and crypto today with the first crypto Bitcoin ETF happening about 2 years ago. More crypto ETFs are coming. So we are somewhere around here in terms of institutionalizing this asset class as explained by a guy who was there in the markets back then.

01:16 Bitwise is Matt Hogan. >> And today we think of gold as like a $30 trillion asset, hugely institutionally owned. But when the first gold ETF launched, which was in 2004, gold was a two to$2.5 trillion asset. The whole thing, and it went to $30 trillion, sort of before people really started freaking out about debt. I think people who don't think Bitcoin can follow the same pattern, we launched ETFs when it was about $2 trillion.

01:43 I think it could easily do what gold did, which is run up to $30 trillion, and that arrives at a pretty nice price target. >> Bitcoin reaching the same market cap as gold is not out of the question in my opinion. If it did, that would be about an 18x from here, that would take the price of one Bitcoin to $1.4 million. Again, not tomorrow, over the same 10 to 15year time frame.

02:11 That's achievable in my opinion. Some may call it crazy, but those were the same people calling a gold rally crazy. Probably after the initial runup, it can't go much farther, right? Well, we have much more debt today. The whole world does. And they literally have to keep printing. They have no choice. Really, anything with a capped supply will go up versus the US dollar.

02:36 That's obvious. >> The key for investors is that within that, there's a lot of up and down. there's a lot of bouncing around. Uh the biggest risk in in Bitcoin is nothing to do with the protocol or quantum or anything. It's everything to do with the investors and whether they stick it out through those bull and bare markets alike. So I would just keep that in mind, right?

02:58 It's been a great run. We've seen lots of investors hurt because they burn out or they get overlevered. Uh I think there's still significant upside in this asset, like really material, life-changing upside. And I think it'll play out over a decade. So at least have some of your capital from my view, at least what I'm doing, not financial advice, but some of my capital is allocated specifically for that to see where this thing turns out in 10 years.

03:23 And which are the coins worth buying? Again, I'm not a financial advisor, but let's just look at the fundamentals and any coin mentioned in today's video. Highly recommend exchange partner Coinbase. I shared with you a full tutorial a few weeks ago, how to trade crypto, per stocks, and more step-by-step tutorial. Highly recommend. And whether you're investing just a little every few weeks or day trading, per trading, sign up with my link down below and get 80% less fees.

03:52 That will save you money. That's going to get you more crypto. Also, hundreds of dollars in bonuses. This is one of the most regulated exchanges on the planet, Coinbase. You must click activate rewards link down below. And looking at the top crypto coins in the crypto market, which are the good ones? I mean, they're all good, but which ones have the best fundamentals?

04:17 Again, this is my opinion. Just in the last few months, Salana has actually gotten twice as fast as it used to be. Well, look at Solana, and two things. Number one, Solana overtakes BNB Chain to reclaim the top spot in daily tokenized equity trading volume with 34% market share, meaning tokenization, a lot of it is flowing through the Solana blockchain, more and more.

04:42 And number two, this was big, this was just announced, Samsung, the phone company, partners with Solana to bring stable coins to 82 million US Galaxy devices. So, Samsung wallet users in the United States will be able to send money across borders using USDC on Sana beginning the last week of October. This is truly major adoption. They could have picked any blockchain to explain why more and more major entities and individuals are being drawn to the Solana ecosystem.

05:16 Austin Federa explains, >> you know, I think Salana has made sort of the turn probably two and a half to three years ago to be focusing much more on stability engineering while also continuing to push the bounds of what's possible. Just in the last few months, Salana has actually gotten twice as fast as it used to be. And we don't mean that in transactions per second capacity, but in the amount of time it takes a transaction to finalize.

05:38 And if everything goes according to plan, uh hopefully by the end of the year, if not early next year, that finality will be even faster, going from about 12 and a half seconds today down to as low as 150 milliseconds, uh with the Alpen glow upgrade. Um this is you guys have written about this. This is a a big technical upgrade that hopefully nobody will notice.

05:59 Uh which is sort of the the goal of this type of stuff. Also pay attention to the coins that institutions like and institutions as this space is institutionalized. Like number one, something that's been here for years. They're not really interested in the hot flashy new thing. They don't want to get fired. They want to stay safe. So there's that. And then number two, something that hits the fits the tokenization and DeFi narrative.

06:27 Just in chain link records 40 new integrations across 24 partners in September including a coinbase infosys paxos circles arc and open standard. Also pay attention to Ethereum and which institutions are choosing to build on Ethereum. Swift is moving from traditional payments towards tokenized finance. They do hundreds of millions, if not billions, I'm talking Swift, of transactions daily.

06:56 They are the standard. And while just three years ago, carrying a token over the Swift network was barely even being considered, they have one now. And they chose Ethereum to build it on. >> If you think about kind of the time that I was at at Swift, nobody thought about carrying a token over the Swift network 3 years ago. Right. >> Right. So that was the job of innovation was to like help define what could be uh and then work with our members and use the convening power we had at Swift to to to to prove it and prove

07:25 the demand and and get something done. And I have to say the Swift team did an amazing job not only just you know it was a year ago in Frankfurt where we where we announced the ledger right and that was a that was a a big event and a big announcement but they also announced the payment scheme right so in terms of how it fits in you know they're going to continue going to continue to make payments as we have them today better >> and it should be noted because altcoin Daily will always share with you the good and the bad

07:52 news about these crypto protocols so you have all the information and can make the best decision for as an investor. And while Swift did choose Ethereum, they actually chose chose a permissioned privatized chain on Ethereum. It's something called Hyperledger Basu. Again, permissioned privatized and unfortunately, it will bring no direct economic capture to the Ethereum coin.

08:19 Using BESU, which is what they're using, in a private or permissioned enterprise network, does not automatically require burning ETH, paying fees in ETH on the public mainet, or locking native ETH in smart contracts. That's direct economic capture. Indirectly, this is a huge benefit. Indirectly, this is good. Direct mainnet participation. Unlike isolated private blockchains, Basu nodes can connect directly to the public Ethereum mainet helping process transactions.

08:52 Meaning this is a baby step into the deep pool of ETH. And a baby step is how it starts. Also, another narrative that I would watch out for that I like is AI. Look at Bitensor. At the end of last year, Gayscale filed for a spot BitTensor ETF. That hasn't been approved yet, but we understand what could have happened if you invested in Bitcoin before the Bitcoin ETF was improve was approved.

09:19 Yeah, maybe there was huge dips along the way. Maybe there was even huge dips afterwards, but once that ETF gets approved, that's the green light. Another high conviction play that I believe institutions will like because it's not a general purpose blockchain but it's built for a specific utility is hyperlquid. >> Salana does a lot of things. It does a lot of things really well the way a Swiss army knife does.

09:43 But hyperlquid is designed specifically for trading financial assets onchain large quantities high throughputs. And I think that um if you were, you know, to to extend the analogy, if you were lost in the woods and you wanted to survive the night, you'd want to have that Swiss Army knife. Um if you're trading, if if you're slicing sushi and doing it really well and really fine and really perfectly, you want that Japanese knife.

10:11 >> And then of course, again, where I think all these coins could go, yes, maybe there's one or two more in my basket, but you really don't need a big basket. Bet on narratives, bet on trends. I buy the blue chips. and then watch the trends uh explode, I believe. And and where do I think they'll explode too? Well, again, if we saw the market cap, the entire amount of money that came into the market in crypto in the bubble of 2017 was under a trillion, 700 billion.

10:39 Then of course we leveled out, crashed and leveled out. Then we went to about 2.8 trillion in November of 2021. That was the NFT craze. So, under a trillion to about 3 trillion and then we only went in this last subdued bull run to 4.2 trillion in all of crypto. Just 4.2 float in. Yet, we literally have hundreds of literally hundreds of trillions of assets on the sidelines that are finally ready to be tokenized.

11:10 I think the lamest the lowest cycle ever that would come to would be about a $6 trillion market cap. So again, we got to 4 trillion at the top of last cycle. My ultimate bare case is 6 trillion. I personally believe it's going to be closer to 10 to 12 trillion with Bitcoin taking about anywhere from 50 to 30% of that depending on how big the altcoin season is if it happens.

11:32 And that would mean just in this next cycle, meaning topping somewhere maybe 2028, 2029, Bitcoin anywhere from $180,000 to $250,000. Again, very hard to predict the DOPs, but in that range, that would be the low, then the high. And then the quality altcoins that are gaining adoption, they would take the other 50 to 70% of that. To get updates on any of the coins mentioned in today's video and more, to get updated on the entire crypto market, click subscribe to Altcoin Daily.

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