Popular trader Tom Busby has shared three altcoins with bullish potential and strong fundamentals for big booms. “Convert $1,000 to $70,000 with These 3 Altcoins” In his video, the famous analyst talked about the potential altcoins under his radar.
Harmony (ONE)
Harmony (ONE)is a blockchain platform designed to facilitate the creation and use of decentralized applications. Harmony, a blockchain protocol focused on improving scalability across networks, has recently experienced a rally in token price following the release of its ecosystem development grant, according to Trader.
Rising to a new record high of $0.37 on October 26, ONE is trading at $0.32, about 14 percent below its ATH at the time of writing, as its 24-hour trading volume hits over $800 million.
Busby believes that as the market continues to rise, ONE will continue to rise for three main reasons: ecosystem development funding, the upcoming ONE World Conference, and protocol integration/token listings.
Dash (DASH)
Next on the analyst’s list is decentralized in nature; is an open-source blockchain and cryptocurrency focused on delivering a fast, inexpensive global payment network. Dash (DASH) is located.
Recently, Dash announced the launch of DashDirect, a consumer app that allows users to spend DASH cryptocurrency in stores across America.
“This allows anyone to spend Dash as easily as using USD for their daily purchases. However, this; “Additional protections of decentralized money make Dash’s efficient and cost-effective transactions with the added value benefits of 5% savings on average thanks to DashDirect’s unique vendor network.”
DASH is trading at $180, down 88 percent from its all-time high of $1493 at the time the video was posted.
Verasity (VRA)
Last on the list is a protocol and product layer platform for Esports and video entertainment. Verasity (VRA) exists.
On Tuesday, October 26, VRA hit its new ATH at $0.08. In the video, Busby explained three factors that could cause the price of this well-performing altcoin to start rising, these are; The active community is the addition of the NFT language to the proof-of-view patent of the protocol to prevent fraud, and attractive staking rewards that encourage token holders to remove their coins from circulation.
“High percentage staking offers, a system to combat NFT scams, and a growing user base will lay the foundations for the VRA rally in the coming months.”
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.