Do cryptocurrencies have to be valuable? The response is no. There are currently many cryptocurrencies trading below $1, and they attract many people. At the same time, it is possible for these coins to rise up to 100 times, provided they have proper fundamentals. That’s why crypto expert Camille Lemmens from Altcoinbuzz shares 4 such altcoins that could do well in the next leg of the bull run.
The top altcoin is: Pyth Network ($PYTH)
Pyth Network is an oracle that calls Solana its home. As you know, oracles are of critical importance in the Blockchain environment. The reason is easy. Their blockchain cannot connect to the outside world. Now you can see that this is a critical feature. Blockchains need this real-world information so they can fulfill their purpose.
And there are many more things that oracles provide information about. However, Pyth Network is active in the finance sector. It provides real-time market information, for example, crypto, stocks, FX or commodities. Their Oracle connects more than 55 Blockchains and serves more than 350 Dapps. It also has more than 90 million updates per day. This means uninterrupted, fast, precise and reliable updates throughout the day. The current PYTH price is $0.3369 and its market cap is $1.2 billion. Being in Solana could also be a bonus factor for PYTH. So keep your eyes open.
In second place is MANTRA (OM)
We are moving to the RWA segment with MANTRA Chain. In a nutshell, RWA is about tokenizing real-world assets. For example, you can tokenize real estate, commodities, US bonds or expensive metals. You can tokenize pretty much anything in the real world. Now, once tokenized, an asset becomes more affordable. An easy example is real estate. We can’t all afford a $1 million home. But we can afford a moduled asset and own a smaller portion of that $1 million home.
You can find MANTRA Chain in the Cosmos ecosystem. It’s no secret that this is one of my favorite crypto ecosystems. Since Cosmos is a Layer-0 Blockchain, MANTRA Chain is a Layer-1 Blockchain. It tries to fill the gap between TradFi and DeFi. This also means that it will soon become a part of the Map of Zones. The current OM price is $0.73 with a market cap of $603 million. It increased by 3510% in the last year!
We continue the list with SingularityNET (AGIX)
SingularityNET operates in the artificial intelligence department. Like the RWA branch MANTRA Chain, this is also one of the main segments of the current bull run. The biggest news for SingularityNET is its upcoming merger with Fetch.ai and Ocean Protocol. The name of the new project is Artificial Superintelligence Alliance. As a result, a new coin called ASI will emerge.
SingularityNET offers migration token contract. This sets the tone for a massive new AI platform. There is a development that will change the rules of the game for artificial intelligence. Adoption of Web3 for AI and data could get a big boost. Open Middle will be the world’s largest independent artificial intelligence foundation. The current AGIX price is $0.5397 and has a market cap of $691 billion. With the merger, all this will change soon.
Last ranked altcoin: Oasis Network (ROSE)
With Oasis Network, we enter the secrecy and artificial intelligence sections. Privacy is a common right that we also need in Blockchains. As you know, Blockchains are pseudonymous, not anonymous. In other words, processes are visible on the Blockchain. However, there is no name attached to a process or wallet. On the other hand, adding a name to a wallet is not very difficult. Therefore, confidentiality is a concern on Blockchain.
Oasis Network provides a sliding scale for this tacitness. You can move between 100 public or private locations and anywhere in between. Oasis also offers cross-chain options on any EVM Blockchain. For this, Oasis offers the Privacy Layer. You can apply Oasis closure in many use cases. As you can see, there are plenty of opportunities for Oasis to make their mark. The current ROSE price is $0.1065. Altcoin market value is 720 million dollars. It has been on the rise again since the last 7 days. It has increased by 188% over the past year.
The opinions and predictions in the article are those of the expert and are not necessarily investment advice. cryptokoin.comWe strongly recommend that you do your own research before investing.