Altcoins To Watch in October | SOL, AVAX, AUDIO, FTM, ADA

[Music] all right today we're going to jump into of course the altcoin ecosphere and really kind of the number of coins that are priming what i think could be some great entry points for you on your plan my name is paul barron welcome back to techpath everybody's been talking about solana avalanche algorand and of course fully due they should be this is something we'll touch on today there are some big things happening in all of these spaces and i want to kind of jump to the first one and that is the solana ecosystem when you look at solano's ecosystem and just going down through the list let's jump over here to the ecosystem and you can kind of look of course chain link is not a solana but you look at audience right here of course which just had a recent breakout audience is built on solana there's quite a few here ren you've got coming in here saram a lot of these but if you look at where they have kind of been flowing what i am concerned with i wish we could have a 30 day on this is to really look at where the performance has been over the last week which has all been in a spiral moving down mostly in the ecosystem again this is the reason because of the main net problem that solana had but fear not for all you solana lovers out there that i know you are there is an entry point on where you should be looking and purchasing solana and getting back into the game maybe you were on the ride and you sold i hope that was the case you sold at the top or as close to the top as you could now maybe you've recoiled and you're looking at some other all coins to go out there and buy we're going to talk about each one of them i want to jump over to a couple of other things that are happening in the space that will have a very big impact i believe on several tokens and project the first one is this one right here which is the world's first phantom developer conference this is coming out of abu dhabi in uh and i think when you look at where this is going and what i see is anytime that a lot of groups start to get together like this they start to collaborate these are big money moves they start to learn more about what's happening at this and when you see what's happening in dubai at what they are calling the phantom foundation the team behind the high throughput decentralized uh smart contracts etc is going to be holding this in october right after this date watch it let me accept that so you guys can see a little bit further but right after this date i think we're going to see phantom start an ascent back into an opportunity so you could almost pin it to this date kind of reference this to what happened at the salt conference in unhitching uh ethereum and also i think giving even bitcoin a little bit of a boost just because of kathy wood so imagine when you get actual big time investors big time institutions and also the whole elite of cryptocurrency in on this phantom developer conference that's the one i like i'm really watching this and as we continue to track track down many of these conferences because the fall is kind of the year or the time of the year that we start to see a lot of these conferences develop and it's one that i think is going to be the the key point in being able to drive phantom back off the floor right now phantom has been falling this is one of those that could be a price entry somewhere in that 120 range depending on what happens in the next couple of days and obviously as we see this uh date coming up in october and remember as eth flies as bitcoin flies so do these all coins so be ready for this to see a big breakout the other one that i'm looking at is this event right here which is on november the 7th in lisbon guess who this is this is solana now two things are going to happen with solana between now and november the first thing is people are going to have a short-term memory about that mainnet problem and the second thing is we're going to see solana in a full-on correction it is at now in the 140s we're probably going to see solana move down into around a 1 30 mark and i think that's the opportunity where we see a re-entry point this conference though break point interesting name break point for solana is happening in november this is the one i feel like could unhitch the team and the solana you know investors all over again and potentially get us another altcoin season run up with solana and you have to remember how investing works with these altcoins it's usually where the retail investors are flocking around one particular area one particular coin solana happened to be the one that everybody was riding to the elevator to the top around the 200 mark hopefully you sold and you got in and collected those profits and you are now in a great position to re-enter in some of these new altcoins that have been falling including things like phantom and maybe you're looking in at uh potentially going into algorand or even avalanche avalanche of course though has had some pretty parabolic runs here in the last few i want to talk about avalanche because there's some cool things that are happening there before we get to that here's another one that i think you gotta revisit back into a potential of a re-entry point and that's going to be cardano and i know a lot of people are going wait a minute cardano everybody and you know we have a lot of people that are just continuously state really bad things about cardano but yet at the same time they have a big following even though they are a little slow in being able to develop their run on alonso and getting in purple to really kind of perform but cody is a project that i've been watching for quite some time and i really like this one in terms but this is something that they just really kind of started to talk about and this has been super busy building haven't had an opportunity basically they are saying that they're going to begin updating about things revolving around a brave partnership with cardano those follow the market have seen how fast cardano has grown third biggest currency they are being coty is in the throes of developing something cool with and for cardano this could be a big dual hit partnership that could affect both cody and cardano in a very positive way so as you're watching both of these projects cardano's a little bit deflated right now it could continue to see some more fall off this may be a good time to go in and start packing your bags on cardano and when i say packing meaning putting stuff in your bags let's take a look quickly i want to go over to trade the chain and take a look at where cardano is just to kind of get a quick ada and still holding in let's go to the seven day yeah so you can still see the falling sentiment here for cardano and of course the the movement here that's pushing this price point down so this you know it's what i always say buying the reds selling the green this is one of those projects that i'm still a big fan of it's just a situation that you've got to know when to invest you're just not a big fan of cardano at three dollars maybe you're a big fan of cardano at 2.37 or could it hit the 150 mark again and be a steal especially if we start to see prog progress around coty and a partnership over there i also want to jump over here to the avalanche ecosystem this is another one that you guys know that we've talked about on this on the show here we've had john wu on a couple of times and we continue to bring these early stage tokens on way before way before they break out now i want you to think about that if you're watching techpath right now for the first time we're bringing on founders ceos lead project development heads in a phase in which we're doing a lot of research and finding out and of course getting a lot of information shared to us we're the only channel that's doing it in the way that we do it which is through sentiment analysis and amplification analysis to early identify a lot of these projects the problem we have is we can't automate it fast enough to be able to identify more projects faster we're going as fast as we can to really kind of get into some of these and guess what happens we go in we look at avalanche almost three months ago when avalanche was trading at a considerably lower rate than where it is now but i want you to look at this ecosystem right here avalanche ecosystem rapidly expanding private securities ilos dexes synthetics stable coins you look at it all just four months since the launch of the mainnet look at the powerhouse of projects that are coming at avalanche mainly because this is a very solid product and it's a very solid team that's building on this there are some interesting things i think that await avalanche so could we see avalanche continue its move i want to jump over to the chart real quick and just show you where this thing has come from and let's take a look back here when we identified avalanche right about here at nine yeah right at nine dollars and thirty cents so you know that's essentially when we started really looking into understanding what avalanche was doing and of course it's now trading at the 66 dollar mark hovering in right here we continue to see sentiment flying right there so i still think there's some room for avalanche mainly again because of this recent 230 million investment they've received also the ability and again that's going to be built into building out their main net all of their partnerships i think there's something big in the wings for avalanche above what they've been doing including all of their evolution of avalanche rush the avalanche conversion project between 2.0 and 3.0 so much happening there i think is a big one so avalanche is another one i continue to say audio audios which you guys will uh already have learned a little bit about again i think this is a token of it's one that we've talked about on the show before we like it this one is a little weird because we missed it in the early uh phase right here because obviously this is the katy perry bump and the uh the movement of traditional entertainment moving into this blockchain world of audio and creator so i do think audios is a play here but the cool thing was is our sentiment still had it going up amplification just was underscored because we did not know about this right here which was the big news that of course moved audience i do think we'll see a little bit of that moving again solana our scorecard right here we're still predicting solana on a downward trend so our point of purchase could be somewhere around the 129 128 dollar mark i know that's terrible to say because solana right here at its all-time high was hovering around the 215 mark so this could be another entry point for for solana and also because of what's been happening with their events again phantom solana and cardano all three have big things coming could be timing them at the right time and a new entry point avalanche a little late stage we'll probably see a lot of fomo coming in but there are potentials for avalanche algorand you've heard me talk about algorand a lot in algorand i continue to see as a much more slower moving project but one that has yet to pop and i think that's the thing and let me just look at the algorithm chart right here you can kind of see the movement that we saw but back in the in the day algorithm was really just a up and down consistent project and then people started to uncover the ecosystem the team and also the functionality of what algorithm is doing nice thing right here 6583 up from a 6309 that's the amplification so we will start to see i feel like we'll start to see some more action on algorand and potentially another jump up here maybe to around the 250 2.50 mark which could be a big one so those are the all coins that you need to be looking at i know these a lot of these are you know projects that maybe you've invested in the past that you're you exited and took some great profits and you've been looking at all these new alt coins that are coming into the scene where do you invest maybe these are perfect for a new re-run that's the project that i think you should be going for and that is the direction i'm going in october again we do these market movers times time we'll do these in terms of analysis on the data pull in some of our insider research and then of course give that to you so you can go out make your own decisions not investment advice for you but definitely hopefully it's getting you on the education side so you can kind of make your own decisions out there and your own program so if you're listening over on the podcast make sure and give us some thumbs up over there and of course here on youtube best thing to do is subscribe to the channel you'll get more notifications and you can reach out to me on twitter we'll catch you next time right here on techpath [Music]

Channel: Paul Barron Network

Views: 218,079

Keywords: altcoin, altcoins, altcoins to buy now, altcoin season, altcoin news, altcoins 2021, altcoin gems, altcoins to buy today, altcoins to invest in 2021, altcoin season 2021, altcoins to buy, altcoin season index, altcoins to watch, altcoins to invest in, altcoins with most potential, fantom coin, FTM coin, solana, sol token, col coin, cardano, ada coin, avalanche coin, crypto news, avax coin, audius, audio coin, audio token

Id: RHXy1HKLMiE

Length: 13min 31sec (811 seconds)

Published: Sat Sep 18 2021

Reddit Comments

[u/Apprehensive_Put5660]

Paul Barron is a good reviewer of crypto projects, thank you for sharing.