WARNING: TON vs BASE CHAIN (Only ONE will TAKE OFF!)

 

Discovering the Best Crypto Projects: Beyond the Basics

If you think crypto is about discovering the very best projects, you're wrong. If you intend to optimize your gains in the upcoming bull cycle, you'll need to redefine your concept of "ideal." Regular viewers of this channel know that I'm always pushing you to think differently and smarter.

You might think the ideal project means finding the latest and most technically advanced platform in Web 3, but that only gets us partway there. In this video, I'll help you go beyond the basics. I'm revealing some crucial factors I consider when evaluating a project's potential to reach the top and hit those peak gains.

I'm putting two of my favorite projects head-to-head to give you this masterclass, so stick with me, and I guarantee you won't look at any other project the same way after this one. Welcome back to another episode of Fire Hustle. My name is Summer. I talk about all things crypto and share my personal strategies as we head into the bull cycle.

I just launched the Fire Hustle VIP Discord for those who want early access to private token sales for new projects. You also get to see my personal portfolio moves, access exclusive giveaways, and much more. Check out the link in the description for more information at wap.com/firehustle. If you like videos that can help you succeed, please hit that like button, and don't forget to subscribe to the channel and activate post notifications so you can make the most of all the work I've done. It really helps the channel, and I also really appreciate it. And as always, please remember that none of this is financial advice.

Reevaluating What Makes a Crypto Project the Best

Your definition of the best crypto project probably has a lot to do with how good the tech is—how innovative, fast, scalable, modular, or interoperable it is. You might also give bonus points if it integrates zero-knowledge proofs. Although all of that is very important, I'm here to tell you that it plays a very small part in the actual success of the project.

I want you to put yourself in the shoes of the masses out there who are investing in crypto, whether it's retail investors or institutional investors. What ultimately makes or breaks a project is its ability to attract funding. In order for you to make a profit, you need to sell to someone willing to buy from you at a higher price, and that price goes higher and higher as more people are willing to buy.

Certainly, the fundamentals and utility play a role, but it's a lot less than you think. If you don't believe me, just look at meme coins. The fact that they exist just proves my point. For a project to truly succeed, it must fit a compelling narrative, be easy to understand, and have hype to fuel its growth and scale. Big winners always seem to have some kind of competitive advantage, so that's what we're looking for.

And I'm not just going to leave you hanging there; I'm going to show you how to use this framework by diving into projects that I think have a ton of potential—TON and Base (no pun intended). I'll look at them through the tech lens and the hype lens.

The Open Network (TON)

Let's start with The Open Network (TON). It's a layer-one chain that was initially designed to facilitate fast and secure transactions on a specific messaging app. From a scalability perspective, it uses dynamic sharding. Sharding is when you split the network into smaller chains, which allows it to handle transactions much faster. This brings us to speed: this kind of architecture makes TON excellent for high-frequency applications.

TON is secured with proof of stake and advanced cryptography. It allows cross-chain communication so you can connect to other chains, and they've got some great wallet applications already built and operating. All of that sounds absolutely fantastic, but the honest truth is that there is nothing there that you haven't heard before. If you stop your research here, this would seem like a great chain, but it would be really tough to build a case for its success over the many other layer ones out there.

The Competitive Advantage of TON

Now let's apply our framework and uncover what really makes TON amazing. We have to find the competitive advantage. For starters, TON is sometimes referred to as the Telegram Open Network. That's because it was actually developed by the team behind Telegram, which is the messaging app of choice for the crypto world. It's bigger than that. Telegram has more than 800 million monthly active users worldwide, and TON integrates seamlessly with Telegram, allowing users to easily manage their assets. This alone brings substantial credibility and the potential for widespread adoption. It's already driving millions of new users to blockchain technology.

This is the competitive advantage that we're looking for, and the benefits continue to compound and accelerate the growth of the project. TON has been quick to form some strategic partnerships with some big names—OKX, Bybit, and Animoca Brands, just to name a few. Security is also a big part of the story. Telegram is fully encrypted and places a significant emphasis on privacy. This extends to TON, which has been designed with strong privacy and security features. TON has also overcome some huge regulatory hurdles already, which gives them major points in my book.

So, based on everything you've just learned about TON, what do you think drove it to become a top 10 project by market cap? Was it the tech, or was it the competitive advantage? If I had shared all of this information with you a couple of years ago when TON had just launched, then my framework would have brought you to the exact conclusion.

Now, before we move on to the next project, let's quickly jump into the TON price chart. I recently started using LBank as one of my primary exchanges. There is no KYC required, and it is accessible from any country. They have a wide range of tokens listed, including TON. You can use the link in the description to sign up and get heavily discounted fees for all of your trades on LBank.

So, I definitely consider TON a blue chip. It was already strongly positioned but really started to climb back in March. We've seen this take a beating along with every other altcoin out there. For my portfolio, I see this as a buying opportunity. I believe TON is going to be one of the bigger stories this cycle, and I've only scratched the surface because there are lots of interesting projects building on the chain. It's the perfect layer one for DeFi, gaming, supply chain, and especially social media and communications because of the integration with Telegram. If you're interested in a deep dive on TON projects, let me know in the comments below.

Base Chain

Now, let's take a look at project number two: Base Chain. Let's use the same framework of technology versus hype and competitive advantage. Base is a layer-two blockchain designed to provide a secure, low-cost, and developer-friendly environment for building dApps. It's built on top of Ethereum, which means it inherits its security but uses optimistic rollups to bundle the transactions to make things less congested. These rollups also reduce latency, making things faster and more efficient with much lower fees.

Base is also designed to be interoperable with Ethereum and other layer twos. The EVM compatibility makes it extremely easy to build applications. All of that sounds great, but again, we've seen all of this before. Let's peel back the layers and discover what really makes the Base Chain an absolute killer of a chain.

The Competitive Advantage of Base Chain

Base Chain was developed by Coinbase, hence the name Base. Coinbase is one of the largest exchanges in the world. That connection alone gives this project so much firepower and potential to be massive. Binance has proven the concept and was the first major exchange to build their own chain. Just look at how big the Binance Smart Chain is and how many developers have chosen to build on it.

But Coinbase has learned from them and made some crucial adjustments that could make Base even bigger, as well as the fact that Binance has faced some pretty severe legal and regulatory issues. My boy CZ is currently facing his prison sentence in California as we speak. But all of this has paved the way for Coinbase to take the number one spot globally.

The key difference between Base and BSC is that Base doesn't have its own native token. It uses Ethereum as its gas token. So, why was this a smart choice? Well, because there are already a lot of Ethereum holders out there, making Base adoption that much easier. Base benefits from everything Ethereum is working on while serving as the perfect EVM-compatible layer two. It's no wonder that the Base Chain has absolutely taken off.

Since there's no Base token to trade, your way to make gains with this network is through ecosystem projects. There are numerous Base gems out there, everything from critical infrastructure projects to some very hot meme coins. If you're interested in a deep dive on my top Base projects, leave a comment below.

Conclusion

Now that you've learned how to identify a project's competitive advantage, I hope it's changed your perspective on what the best crypto projects really are. The biggest gains come from when you apply this framework to new projects and get in early. TON and Base are clear winners from the start. Now go out there and find the next one, or join the Fire Hustle VIP Discord for early gems and the inside scoop on what I'm getting into.

That's all, folks! If you're interested in learning more about TON and Base, I put all of the important links in the description below. If you want more videos like this, then please hit that like button and subscribe to the channel. Remember, the crypto space comes with high risk, and none of this is financial advice. I highly recommend that you do your own research before deciding to invest. Hope you guys enjoyed the video. See you in the next one!