Brought to you by CoinSpeech, we collected the most important takeaways from the recent video featuring Aaron & Austin Arnold. In their latest discussion, they’ve invited Bitcoin whale Kyle Chass, who revealed his top five high conviction altcoin picks for generational wealth. Below, you can find Aaron & Austin Arnold’s new video.
Investing in Conviction Plays
Kyle Chass is a firm believer in high conviction plays, stating: “It’s allowed me to turn $100,000 into massive, like generational wealth.” He emphasizes that whales, through coordinated efforts, heavily influence the crypto market.
Pioneering Altcoins: Pepe Coin and Based AI
The two standout coins with highest conviction for Kyle are Pepe Coin and Based AI. He highlights the significance of these projects, citing their robust development history and innovative approaches:
“Pepe coin has shipped a lot of cool products before. From layer one blockchain to the world’s first NFT marketplace,” he points out.
Pepe Coin’s Revolutionary Brain Mint
Kyle introduced the upcoming “brain mint” for Pepe Coin, a process expected to burn a substantial portion of the coin’s supply:
“There’s going to be a crazy supply shock of Pepe coin. If they’re all sold out, it could burn 80% of the Pepe coin supply.”
The Utility Token Dream: Paid Network
Another high conviction project mentioned was Paid Network, Kyle’s own project. Despite potential accusations of self-promotion, Kyle reinforces his belief in its robust token utility:
“I take zero of that revenue… I want to build an actual real sustainable big economy.”
Commonwealth: Democratizing High-Quality Investments
Kyle highlights Commonwealth as a game-changer for ordinary investors:
“For the first time in history… giving access to everyday person to the best deals in crypto.” The project bridges the gap between retail investors and exclusive investment opportunities traditionally available to the elite.
Solid AI Infrastructure: Morpheus
Lastly, Kyle talks about Morpheus, an AI infrastructure project with potential:
“400 developers from around the world contributing voluntarily.” Despite having a moderate conviction level, he believes in its growth potential especially given its collaborative and open-source nature.