According to crypto analyst Camille Lemmens, we are in an early bull market. However, most altcoins are still down around 90%. The analyst thinks this is the best time to spot and accumulate altcoins that will yield 30x or more returns. In this context, the analyst shares 3 interesting altcoin jewels that are ready to explode.
Top-ranked altcoin: Chaine Finance (CHNG)
The first choice is Chaine Finance (CHNG). What is Chainge about? It offers
- Cross-chain solutions: Currently over 24 Blockchains and up to 40 tokens.
- Wallet: You can deposit tokens in your wallet.
- DEX collector. This provides the best liquidity.
All this in their mobile apps. It has now more than 100,000 downloads on Google Play. For example, other features are under construction:
- Margin Credit.
- Eran Program.
- Option DEX.
- Futures transactions.
- Escrow services.
The current price of CHNG token is $0.0875. Market cap of $38.5 million. Its maximum supply is 814 million tokens and its total supply is 716 million. The circulating supply is 440 million. So, it looks good for beginners. What I love about the token is that it is deflationary. They buy back and burn tokens with 25% of their profits. Over the past year, the token has increased by 190%.
DJ Qian CEO. For example, he is also the CEO of the FUSION Blockchain foundation and the co-founder of Anyswap. He and his team managed to get good tokenomics for this project. This project has an early gem inscribed on it.
Second place is Morpheus Network (MNW)
Morpheus Network is a supply chain Blockchain that aims to automate and optimize supply chain operations. They also offer their services to governments. For example Argentina. In addition, large companies such as Coca-Cola are already using their services. So Morpheus simplifies logistics. For example, consider:
- Bills of lading.
- Bills.
- Global payment options.
- Or tax documents.
All this with the ability to be tamper-proof. They use IPFS or InterPlanetary File System for this. There is also something else that gives them an advantage. They are compatibility oriented. Just look at the current SEC situation in the US. That means Morpheus thinks and acts well. Here are some other features Morpheus has to offer. For example,
- Automatic smart contracts for fast payments.
- Payments can be in any currency and handled by SWIFT.
- Their platform is compatible with other Blockchains.
- Tiering allows legacy systems to be built on top of Morpheus. For example, FedEx’s tracking platform.
MNW tokens also have some good use cases:
- For transactions. You can use it as cash.
- You need the token to notarize the supply chain data on the platform.
At the time of this writing, it’s priced at $1.02. Also, his market cap is $38.4 million. There is a maximum and total supply of 47,897,218 tokens. Meanwhile, there are currently 37.5 million tokens in circulation. Over the past year, this token has gained 199%.
The latest altcoin project Radiant Capital (RDNT)
What we’re seeing in crypto are various currency markets all over the DeFi space. Each has its own liquidity. As a result, all this liquidity is extremely fragmented. And guess what, Radiant Capital comes to the rescue at this point. Radiant wants to be the first omni-chain money market. In other words, you can deposit any asset on any Blockchain. You can also borrow various assets on various Blockchains.
You can find cross-chain interoperability above Layer Zero. Currently, it is possible to connect their applications to Arbitrum and BNB Blockchain. This makes the Stargate router their preferred interface. But of course there are other bridging options as well. For example, Celer Bridge or Synapse Protocol. Here is an example of how this works. When you are ready to get your collateral back, you can decide which Blockchain to withdraw from. You also have the possibility to set which percentage goes to each Blockchain. The latest V2 update has some exciting and revolutionary options. For example:
- Basic protocol mechanics.
- Emissions.
- Use.
- And deeper cross-chain functionality.
You can also lock your LP tokens and vote in the DAO. The current price of the RDNT token is $0.2675. Also, his market cap is $73.6 million. So it looks good. Meanwhile, there is a maximum supply of 1 billion and total RDNT tokens. However, only 275.3 million are in circulation. A year ago, it had a price of $0.16 when it entered the market. So, there’s plenty of potential.
The opinions and estimates in the article belong to the analyst and are not investment advice. cryptocoin.com We strongly recommend that you do your own research before investing.
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