Guy Turner from Coin Bureau is revealing his top four altcoin picks, including Cardano (ADA) and Monero (XMR).
In a new interview on the CryptoBusy podcast, Turner says Cardano’s blockchain upgrades and passionate community earns it a place on his top-four list.
“I’d go for ADA at the moment. Yeah, it’s got its problems. And it’s got its detractors. But I do think that it has made a lot of progress recently. I think the Vasil upgrade seemed to go pretty well. There’s obviously a really dedicated Cardano community, which I like.
And I think that is an increasingly big thing in crypto because these projects – they need users, they need communities to survive. So I like that about Cardano. I like the fact that there are lots more upgrades scheduled. We’ve got Hydra coming. That’s mostly focused on scaling. So I think there’s a bright future.”
ADA is worth $0.40 at time of writing.
Next, Turner picks the decentralized storage network Arweave (AR).
“One that I’m definitely eyeing up for the future is Arweave. I think decentralized data storage… that whole sector has a huge future. Obviously, Arweave isn’t the only one. You’ve got things like Filecoin storage and projects like that…
I think it has crossover as well because we often tend to think of it in purely crypto terms. But as the world digitizes more and more, there are going to be more and more people producing more and more data. That’s going to have to be stored somewhere.”
Arweave is trading for $11.86 at time of writing.
The popular trader also picks Cosmos (ATOM) and in particular, a project built on its blockchain called Osmosis (OSMO).
“I’m really interested in particular ecosystems. We talked about ATOM before. I love ATOM. I love the project. I love the fact that so many of the developers, so many of the tech heads that I speak to, are into ATOM, are into Cosmos and they are always saying, Wow, the tech in there is crazy. So I love ATOM but I also love the ATOM ecosystem as well. So something like Osmosis.”
Cosmos is worth $13.98 while Osmosis is worth $1.02 at time of writing.
Lastly, Turner picks the privacy-focused protocol Monero.
“It kind of ties in with what I was saying about this lack of trust in governments, in institutions, what have you. I think everyone should have a stack of some privacy coin. Everyone should be able to transact privately if they want it.”
Monero is trading for $163.68 at time of writing.
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