Perhaps we are in the early stages of a bull run. This situation has revitalized many areas in the crypto world. IDOs and their coins are one of these areas. Some fly under the radar. However, they seem to be back. SAVM saw IDO 286X. This was just a few days ago. So, crypto expert Camille Lemmens from the Altcoinbuzz team examines 4 promising altcoin projects that do not yet have coins and which she says have 10-100X potential.
First ranked altcoin: BeFi Labs
BeFi Labs is a BRC-20 trading terminal. You can trade BRC-20 and Ordinals tokens. What sets them apart from others is that you can also use your preferred wallet. This includes EVM wallets like MetaMask or Trust Wallet. Another impressive feature is that they do not charge any transaction fees. Being able to use your preferred wallet is a game changer. Setting up new wallets can be difficult.
Transactions are fast. Additionally, BeFi moves between CeFi, DeFi, and Web3 with ease. BeFi calls this setup CeDeFi. It also offers cross-chain options. You can move assets between Bitcoin and Ethereum, Binance or Solana. So instead of slow and expensive Bitcoin transactions, BeFi is fast. Their IDO is on the Ape Terminal. You can sign up, but it’s a lottery system. There is no guarantee that you will be able to enter IDO on February 4th. Currently, 67 thousand people have registered for this IDO.
We continue the list with Lends Finance provinces
Lends Finance is a lending and borrowing platform. Powered by THORChain. However, he calls Lends Arbitrum home. This is currently the most popular L2 solution on Ethereum. Besides lending and borrowing, lenders offer more. For example, you can also exchange or use a P2P order book.
Lends works with L1 Streaming Swaps. In other words, it breaks one large swap into several smaller swaps. This reduces slippage and you get better price execution. Efficient and also lower paying. Smaller swaps or subswaps may be spread over 24 hours. The optimization is all automatic, but it takes time. So, being patient pays off by getting better quotes. These are Price Optimized Flow Swaps and you cannot speed them up. In this way, they provide both the best pricing and efficiency.
He uses THORFi to lend money. You have the opportunity to use crypto assets such as BTC, ETH or BNB as collateral. During minting, the platform exchanges these assets for RUNE. You can also earn returns on single assets with THORFi savings. Among others, there is no risk of permanent loss. Their IDO is also planned at Ape Terminal. However, there is no fixed date yet. Ape Terminal is currently the most popular launch site for new coins.
Third ranked altcoin project: Oxya Origin
We are in the Blockchain playground with Oxya Origin. You can find various games on Oxya Origins. They range from shooters to strategy and much more. Also, the ecosystem belongs to the players. You can join their Private Beta and this will qualify you for the starter pack.
The graphics are stunning as the team uses Unreal Engine 5. For example, the game has four components:
- Avatars of Genesis: The base price on OpenSea is currently 0.068 ETH.
- Lands: OpenSea base price is currently 0.285 ETH.
- Colonies – Their base price on OpenSea is 0.255 ETH.
- Alpha Keys – Their base on Atomic Hub on Wax is 730 WAX.
Oxya Origin uses both AI and Web3 technology to reach as many players as possible. The team wants to attract the attention of players with the P2E (Play-Ear) option. Currently, no further information about their IDO is available. That’s why it’s necessary to keep following their social media.
The last altcoin project: Entangle
With Entangle, we are entering the field of DePin (Decentralized Public Infrastructure Network). This is where Entangle comes into play. DePin can include wireless, servers, sensors, energy networks, or digital or physical networks. To explain, this means power grids, cloud services, mobility networks and much more.
For example, Entangle uses oracle. Oracles are important in blockchain technology. Because Blockchains cannot communicate with the real-life world. So, oracles collect information and transfer it to a Blockchain. This could be weather reports, crypto prices, and anything in between. Middleware provides the connection between Blockchains and physical infrastructure. DePin platforms are middleware. Entangle currently operates an incentivized testnet. DePin decentralizes the infrastructure market. This is one of the most promising verticals in crypto. Examples of other DePin networks include Akash, Arweave or Filecoin. Currently, no information is available about their IDO. Therefore, you need to keep an eye on their social media.
The opinions and predictions in the article belong to the expert and are definitely not investment advice. cryptokoin.com We strongly recommend that you do your own research before investing.
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For the rest of the article, Altcoin Expert: 4 Projects with 10X-100X Potential to Take on the Radar!