Three MustHave High Potential Altcoins for June 2024
A Channel Altcoin Buzz analyst has identified three altcoins that may have been overlooked by investors this season. Focusing on key themes such as gaming, privacy, and social connectivity, he shines a spotlight on three emerging opportunities that align with these trends.
XRAY
The analyst has singled out XRAY as a promising early investment. XRAY is a gaming wallet with advanced features tailored for ZK sync users. It offers benefits such as account abstraction and session keys, making it a secure and convenient mobile-first smart wallet for gamers.
Account abstraction allows users to create multiple sub-wallets within the main wallet, enhancing security by restricting game access to only game assets. Session keys enable players to pre-sign transactions, ensuring uninterrupted gameplay. Unlike all-purpose wallets like MetaMask, XRAY’s focus on gaming provides a distinct advantage.
Cheqd
The analyst also points out that AI and tech giants like Claude often harvest user data without consent, but there are alternatives. Platforms like Cheqd, their partner, empower users to take control of their data and even monetize it if they choose.
Cheqd utilizes verifiable credentials and zero-knowledge proofs to safeguard privacy. Their self-sovereign identity (SSI) approach keeps user data off the ledger, with only decentralized identifiers (DIDs) stored on the ledger. These DIDs manage and verify credentials controlled by the user, such as a driver’s license, preventing entities like Google or governmental bodies from controlling personal data.
RTF
Additionally, the analyst mentions a groundbreaking project called RTF. More than just a game, RTF is a revolutionary platform that offers fans, boxers, agents, and managers a comprehensive digital hub to immerse themselves in the world of boxing.
RTF’s goal is to simplify career development in boxing and foster connections among boxers globally. It functions as a marketplace for boxers, allowing them to find sparring partners or opponents, communicate with peers, negotiate collaborations, and even offer sparring services to earn income.
For more insights, analysts are keeping a close eye on the potential for an upcoming altcoin season as market momentum continues to build.
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