Altcoins
These 8 Altcoins will “make you rich”
In a new YouTube analysis Posted to his 502,000 followers, crypto strategist Miles Deutscher shared his insights on the evolving crypto investment landscape. Deutscher’s speech delved into the ineffectiveness of traditional venture capital (VC) investment models in the crypto space and proposed an alternative strategy focused on certain altcoins that he believes are poised for significant growth.
Deutscher criticized conventional venture capital-backed token launches, saying: “Venture capitalists are entering at extremely low valuations. […] Then when these tokens launch, they will be incentivized to launch them as high as possible in terms of fully diluted valuation. According to him, this practice results in launch prices that are too high, thereby blocking effective price determination mechanisms, essential for healthy participation of retail investors in the market. The resulting overvaluation typically causes prices to fall rapidly, with early investors quickly selling their holdings to realize gains.
Highlighting a shift in market dynamics, Deutscher pointed out that meme coins have gained popularity as a form of retaliation against the venture capital-dominated ecosystem. “People feel like the game has been rigged and want to gain an advantage,” he said. According to him, the success of meme coins can be attributed to their generally fairer launch processes compared to traditional venture-backed tokens.
Up to 8 Altcoins to Buy Now
Throughout his video, Deutscher listed eight altcoins that fit this new investing “meta,” with a focus on tokens that are “fully diluted and have equally good narratives.” Each coin is selected based on its tokenomics, fully diluted valuation (FDV), market position, and growth potential without significant selling pressure from large initial holders:
Solana (SOL): Deutscher considers Solana a leader because of its technological prowess and significant community support. It has demonstrated resilience and innovation, making it one of its greatest stocks due to consistent outperformance. “Solana has become one of my biggest stocks due to its outperformance. It’s a market leader for a reason, and congratulations to everyone who boarded the Solana train with me.
Ton (TON): TON’s attractive FDV ratio suggests a stable market entry with less speculative risk compared to other high-valuation launches. Deutscher highlights its growth potential without overwhelming sales pressure. He said: “TON, being another layer, is not just another blockchain. Okay, its valuation is relatively high, but it’s largely diluted in the market, which is a good thing. Its FDV ratio is actually 68, so it is a stable investment.
NEAR Protocol (NEAR): NEAR is touted as a powerful AI proxy due to its technological base and leadership. Its high dilution level (91% FDV) means that most tokens are in circulation, reducing selling pressure. “NEAR comes in at a whopping 91% fully diluted, meaning there isn’t much selling pressure. I think NEAR is one of the best L1s, notably acting as a very powerful AI proxy because its founder has his roots in AI,” Deutscher remarked.
Injective protocol (INJ): With a market cap/FDV ratio of 94%, INJ is considered to have good market health and less price suppression during unlocks. Deutscher believes it is poised for a resurgence based on its strong fundamentals and recent market behavior. “Injective has a market cap/FDV ratio of 94%, which is really impressive and outperformed earlier in the year, but has just started to stagnate a bit. I think at some point it’s definitely going to reemerge as a narrative,” he said.
Arweave (AR): Deutscher sees Arweave as one of the key infrastructure players, not only for data storage, but also for its potential integration with AI. The fact that it is fully diluted means minimal selling pressure going forward. “Arweave positions itself as one of the main players in infrastructure. It’s still not a crazy FDV at 3.1, considering it has a 100% circulating market cap, meaning all unlocks have occurred.
AIOZ Network (AIOZ): AIOZ fits into the AI and decentralized content narrative with its unique offering of decentralized streaming and storage solutions. The fully diluted status of AIOZ tokens makes them particularly attractive. »AIOZ is another fully diluted coin on the market. It’s a coin in the deep tech/AI sector. I like what they’re building and that also includes decentralized storage, but also a decentralized AI compute network,” Deutscher explained.
Wireless : Dogwifhat’s fair launch process and full dilution are major strengths, helping it achieve good price performance without the usual venture capital-induced selling pressure, according to Deutscher.
PÉPÉ: Deutscher has personally seen substantial returns from Pepe, noting his recent “healthy freshness” as a favorable moment for accumulation. The coin’s community-based approach and meme status provide unique resilience to the market. “Pepe is another marquee play in my opinion. A very healthy moment of freshness and one that I welcome as a person who would like to have more visibility,” he revealed.
High potential cryptos with low float and high FDV
Deutscher also discussed the possibility of investing in low float, high FDV tokens under specific conditions. Use Ondo Finance (ONDO) as a case study, he explained how a deep understanding of tokenomics could reveal hidden opportunities. “ONDO’s acquisition timeline is public, showing that most insiders are locked in until 2025, minimizing selling pressure and allowing for price appreciation,” he noted.
Concluding his analysis, Deutscher urged his viewers to adopt a nuanced investment strategy that leverages both market trends and in-depth token analysis. He stressed the importance of buying during times of “extreme fear” and selling during “extreme greed” to maximize returns.
At press time, SOL was trading at $183.33.
Featured image created with DALL·E, chart from TradingView.com