Popular crypto strategist Ben Armstrong shares three mid-cap altcoin projects with solid fundamental growth, under $1 billion market cap. We also share the analyst’s shares cryptocoin.com we have prepared for you.
Moonriver (MOVR), a new parachain for Kusama, is in first place
First on the list is Moonriver, a new parachain for Kusama built to be compatible with Ethereum for muti-chain development with a market cap of under $600 million.
Although the project was launched a few days ago, its native token MOVR has climbed from under $100 to about $400 to where it is today. Last week, MOVR had a chance to cool off and is piling up after it touched $500. That’s why Ben Armstrong believes he could be ready to start working again any day.
Next up is Flux (FLUX), a solution for decentralized cloud computing
Crypto analyst Ben Armstrong strongly recommends this project as it is a “missing link in the crypto space”:
Most of the protocols we interact with on networks like Ethereum are completely decentralized, but still hosted on centralized servers, often run by cloud computing companies like Amazon or Google. This means that front-end websites for decentralized applications can be shut down, hijacked, leaving a major central point of failure.
Flux aims to eliminate this central point of failure by providing a decentralized infrastructure for these front-end websites. Flux operates in the local currency of the same name using an open-source proof-of-work algorithm, and the team strives to stay as decentralized as possible without venture capital investors and corporate boards. According to analyst Phoebe L., with a market cap of under $100 million, Flux is a low-mid-cap cryptocurrency that has the foundations to move up the rankings fast. Analyst Ben Armstrong says Flux has rallied about 150% in the last two weeks and now appears to be consolidating before another climb.
A promising altcoin project Gala Games (GALA)
According to analyst Ben Armstrong, Gala Games is one of the newest promising blockchain NFT game makers. Notably, its token GALA has shed tears, gaining over 470% this week alone after being listed on Binance:
The exchange listing wasn’t the only thing that made this token fly. People are now beginning to realize that win-win games will be one of the biggest mainstream use cases for Blockchain technology.
Altcoin project Gala Games, although just getting started, already has a huge user base of over 1.3 million active users. Ben Armstrong believes Gala has room to run and grow exponentially, with a market cap of under $1 billion and ranking in the sub-200s on CoinMarketCap.
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