Ran Neuner, host of the YouTube channel “Crypto Banter,” recently heard from a panel of crypto experts about the tokens they are confident in their potential and are ready to hold during the upcoming bull season. Neuner specifically asked them to highlight less prominent projects in which they feel confident amid the current downward trend. Among these were MATIC coin, DESO, ADA. Here are the details…
Experts announced their favorite coins
Ishan Bhaidani, co-founder of the DeFi-based SCRIB3 project, expressed his views on DePin, what he believes is the trading of the cycle. This stands for Decentralized Physical Infrastructure Networks. It refers to projects that develop blockchain-based management systems for real-world facilities, such as marketplaces for computing power and real-world data. Bhaidani highlighted a particularly interesting DePin-based token called Dimo (DIMO). He explained that DIMO is developing a decentralized version of hardware built into cars to collect data for insurance discounts based on driving behavior.
Similarly, DIMO’s solution allows users to create a two-way data network by plugging the device into their car. In this way, users can share information such as kilometers traveled with organizations such as automobile manufacturers or insurance companies. Notably, the DIMO token is currently trading at $0.4896 with a market valuation of $97,104,895. On the other hand, crypto investor “VirtualBacon” shared his predictions about a project called Decentralized Social (DESO). He underlined that the project is being carried out on two fronts. On the product side, they successfully marketed the social token idea with BitClout before Friendtech gained dominance in this space. They are now moving from the DeFi side to the infrastructure side. At the time of reporting, the DESO token is trading at $39.59 with a gain of 4.31%.
MATIC coin, ASTRO, PRISMA and these were also listed
Meanwhile, Delphi Labs partner José Maria Macedo has chosen AstroSwap (ASTRO), a decentralized exchange (DEX) platform built on the Cardano Blockchain. As stated in the project’s white paper, AstroSwap seeks to solve existing challenges within the blockchain community while pushing trading boundaries to new heights. ASTRO token is trading at $0.0009098 with a market valuation of approximately $3.1 million.
Other tokens notable for their potential include Polygon (MATIC), Vertex (VRTX), KARATE, Prisma Finance (PRISMA), ETNA Network (ETHNA), THORChain (RUNE) and SuperVerse (Super). However, the presenters made it clear that their mentions and endorsements of these projects should not be interpreted as financial advice.
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