A lot has happened in the past few days. Particularly Ripple’s partial victory over the SEC. However, your primary focus remains to establish the best strategy ahead of the bull market. According to crypto expert Lawrence Mike Woriji, an ideal portfolio prepared for a bull run should include Bitcoin, some altcoins and a pinch of stablecoins. The expert shares 4 altcoins that he thinks should be in portfolios.
First altcoin: Secret Network (SCRT)
- SCRT price: $0.3802.
- Market Cap: $80.1 million.
- Circulating Supply: 211 million.
Secret Network is an ecosystem that supports the programmability of smart contracts and includes advanced DeFi features. The project does not like too much publicity. This is because they are one of the quiet builders around. Their focus on privacy also makes them notable. We have often said that privacy-focused Blockchains will be in high demand during a bull market. And there are many problems that Secret Network is trying to solve. For example, it helps increase Web3 adoption with its simple interface and wallets. It also enables anyone to create NFTs without any prior technical experience. In terms of privacy, Secret Network uses privacy-preserving smart contracts to ensure privacy and improve anonymity. In this way, it brings a new level of protection to the market. SCRT is its native token.
Pendle (PENDLE) is in second place
- PENDLE Price: $0.9101.
- Market Cap: $87.93 million.
- Circulating Supply: $96.95 million.
cryptocoin.comAs you followed, Pendle was recently listed on Binance Innovation Zone and Launchpool. And we see it as one of our under-the-radar crypto projects. The Pendle project posted an impressive 1552% increase from the start of the year earlier this month.
Pendle’s growth is dependent on a number of factors. Best of all, it is presented as a permissionless yield trading protocol that allows users to implement different return management strategies. Pendle has also been a hotspot for whaling activities. Whale activity often reflects strong investor confidence in a project. Interestingly, data from Lookonchain showed that the three whales deposited a total of 5.6 million PENDLE. Nu amount was approximately $6.5 million at the time of Binance listing.
Meanwhile, Pendle’s TVL has already surpassed $143 million, according to DeFillama. This means more than 20 times growth in one year. Projects like Pendle are destined to stand out, especially as the crypto market takes a new shape and moves away from the usual. From whale activity to price and TVL growth, we see Pendle have the potential to take center stage very soon.
We continue with Kujira (KUJI)
- KUJI Price: $0.8127.
- Market Cap: $94.2 million.
- Circulating Supply: $115.5 million.
Kujira is one of our favorite projects. Because it has quite a unique offer. It aims to turn crypto beginners into whales and experts. We know that whales are a special environment of privileged individuals. But Kujira wants to provide resources and information to level the playing field. So anyone can be a whale.
Kujira’s strategy to achieve this includes offering dapps (decentralized apps). The team claims that these apps will help users “earn revenue regardless of market direction and cover all Blockchains and networks.” All of Kujira’s apps help crypto users find the next big project in crypto
Last ranked altcoin Gelato (GEL)
- GEL Price: $0.2559.
- Market Cap: $56.2 million.
- Circulating Supply: 219,504,903.
Gelato is a decentralized network that empowers developers to create automated smart contract executions using bots as a modular Web3 DevOps service. Many projects rely on Gelato’s ability to handle millions of transactions in DeFi, NFTs and games. In addition, Gelato makes bots compatible with EVM Blockchains such as Ethereum, Optimism, Polygon, Arbitrum.
Gelato runs a marketplace that connects projects with operators, where bots look for tasks to complete and get rewards in return. In this way, developers outsource and focus on building custom bots for smart contracts. A lot of activity will take place in the bull market and we will see projects rely more on Gelato’s services. So it makes sense to think of them as an altcoin to hold.
The opinions in this article are those of the experts and are not investment advice. That’s why we recommend that you do your research before investing and determine what best fits your strategy and goal.
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