As the markets continue to turn green again, many altcoins are trying to correct and reverse. This can sometimes create confusion for traders as to which altcoin to buy and which altcoin to sell.
Cryptocurrency YouTube channel Cheeky Crypto named the three best altcoins to buy for this bull run and gave investors tips on what levels to enter.
Avalanche (AVAX)
The first altcoin on the list Avalanche (AVAX) it happened. Avalanche is also known as the fastest smart contract platform in the blockchain industry, as measured by its duration of certainty. Avalanche works incredibly fast, cost-effectively and environmentally friendly. Any smart contract-enabled app can kick in on Avalanche, outpacing its competition.
With a strong team and solid technology, Avalanche has managed to surpass the $11 billion level in total value locked in this project. Considering the strength of the projects created in this ecosystem, the network and its native token AVAX may grow very soon.
AVAX is trading at $89.74, up 2.83%, and ranks 10th with a market cap of over $22 billion.
Harmony (ONE)
The second entity on the list is Harmony (ONE) it happened. Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to renew the way decentralized applications work by focusing on random state sharing that allows for block generation in seconds.
Harmony has recently reached one billion users. Harmony’s plan is to bridge all chains and this is exactly why it could be a very powerful project that could be massively adopted in the future.
ONE is trading at $0.23, up about 11%, and is at #48.
Cardano (ADA)
The last altcoin on the list is Cardano (ADA). Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changers, innovators and visionaries” to bring positive global change.
Defined as a very strong project, Cardano continues to grow with its protocols, which in turn means that the entire Cardino ecosystem will develop and grow. It will be a great total value locked and in use case, and ADA will soon make huge profits.
ADA ranks 7th with a market capitalization of approximately $40 billion and is currently trading at $1.18.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.