Analyst Announces 20 Promising Altcoin Names! – Cryptokoin.com

Crypto analyst Ben GCrypto has shared a list of the top 10 promising altcoin projects with a market cap under $300 million and the top 10 decentralized finance (DeFi) altcoin projects by market cap.

These altcoins are promising!

The cryptocurrency market started to perform well on its bullish path, diverging from equity markets amid bank crashes. cryptocoin.comAs you follow, while the leading crypto Bitcoin (BTC) continues its struggle at 28 thousand dollars, some altcoin projects come to the fore. Crypto analyst Ben GCrypto shared the list of the top 10 altcoins that he thinks are promising as a result of his analysis:

This time, we have made a list of the top 10 projects with a current market value of less than $300 million in our opinion, which you can take a closer look at: Oasis Network (OASIS), Decred (DCR), Gnosis (GNO), Olympus (OHM), Audius (AUDIO), Yearn Finance (YFI), Balancer (BAL), OMG Network (OMG), STEPN (GMT), and Harmony (ONE)

Oasis is the leading privacy-enabled and scalable layer 1 Blockchain network. It combines high throughput and low gas fees with secure architecture to provide a next-generation foundation for Web3. It also aims to power DeFi, GameFi, NFTs, metaverse, data tokenization and Data DAOs. Oasis is among the most popular projects of recent times with artificial intelligence. The token has seen strong price increases since the beginning of the year.

By combining battle-tested Proof-of-Work with an innovative Proof-of-Stake approach that puts cryptocurrency holders responsible for shaping the future, Decred is able to adapt to challenges and innovate quickly. Decred’s security, privacy, scalability and decentralized treasury empower stakeholders and provide them with the tools needed to enhance their financial sovereignty.

Top 10 DeFi altcoin projects

Ben GCrypto also shared the list of top 10 decentralized finance (DeFi) altcoin projects by market cap:

DeFi is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. Here are the top 10: Uniswap (UNI), Chainlink (LINK), Lido DAO (LDO), The Graph (GRT), Aave (AAVE), Synthetix (SNX), Rocket Pool (RPL), Curve DAO (CRV), PancakeSwap ( CAKE) and GMX (GMX).

Uniswap is a popular decentralized trading protocol known for its role in facilitating automated trading of decentralized finance (DeFi) tokens. Uniswap, an example of an automated market maker (AMM), was launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and the associated surge in token trading. Uniswap aims to keep token trading automatic and fully open to anyone holding a token, while improving the efficiency of trading compared to traditional exchanges.

Founded in 2017, Chainlink is a Blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information complex smart contracts need to become the dominant form of digital negotiation.

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