Three Unmissable ‘High Potential’ Altcoins for June 2024
Anjali Belgaumkar5 Jun 20242 min read
Analyst of the channel Altcoin Buzz has brought to attention three altcoins that may have missed the investors’ portfolio this season. Exploring pivotal themes such as gaming, privacy, and social connectivity, he spotlights three nascent opportunities aligned with these overarching trends.
XRAY
The analyst highlighted XRAY as an early opportunity. XRAY is a gaming wallet with impressive features. It’s designed as a mobile-first smart wallet for ZK sync users and offers benefits like account abstraction and session keys.
Account abstraction allows gamers to have multiple sub-wallets within the main wallet, making it secure and convenient by restricting games to access only game assets. Session keys let players pre-sign transactions, eliminating interruptions during gameplay. Other wallets like MetaMask haven’t adopted these features because they are designed as all-purpose wallets, not gaming-specific. This is where XRAY gaming focus offers a significant advantage.
Cheqd
The analyst highlighted that AI and large companies like Claude collect user data without consent, but this doesn’t have to continue. Infrastructures like those offered by their partner, Cheqd, aim to change this by giving users control over their data and the choice to monetize it.
Cheqd uses verifiable credentials and zero-knowledge proofs to ensure privacy. Their method, called self-sovereign identity (SSI), keeps your data off the ledger while only decentralized identifiers (DIDs) are on the ledger. These DIDs issue and verify credentials you control, such as a driver’s license, ensuring that large entities like Google or the state don’t manage your data.
RTF
He also mentioned a new project called RTF. The coin is more than just a game; it’s a revolutionary platform for fans, boxers, agents, and managers to dive into the heart of the boxing universe, all under one digital roof.
RTF’s mission is to simplify career building in boxing and connect boxers worldwide. Think of it as a marketplace for boxers. The RTF app allows boxers to find opponents for sparring or fights, communicate with colleagues, and negotiate cooperation terms. Additionally, boxers can offer sparring services to earn money.
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