When the crypto market started to take off, investors started looking for altcoins with high potential. Some investors are particularly interested in altcoins with long-term potential. Altcoin Buzz crypto experts share 4 projects they think have 20-50X potential.
First altcoin gem: ARC (ARC)
First on the list of long-term gems is ARC. ARC is a project that aims to make Blockchain coding universally understood and adopted. ARC Reactor. This is an AI tool for developers. It allows them to use any coding language for supported Blockchains.
ARC Swaps AI. It revolutionizes the trading experience by providing productive controls for enhanced security and trust. It also provides an AI Token Overview for quick access to vital token information. This allows users to make informed decisions in the fast-paced DeFi environment. Overall, it educates you on DeFi and Web3. In a nutshell, it’s like a ChatGPT for code. In short, ARC is a strong altcoin project with good uses. It fits the AI narrative. On top of that, it helps blockchains improve their security and interoperability. Therefore, its token ARC is a long-term gem.
In second place is a stablecoin project Lybra Finans (LBR)
Next on the list of long-term gems is Lybra Finance. Essentially, Lybra is a stablecoin project. Its stablecoin is eUSD. The feature of EUSD is that it generates interest on its own. This is possible because their collateral is Liquid Staking Tokens (LSTs). For example, stETH or WBETH. Today, eUSD can yield around 8% per year for its holders. Lybra uses overcollateralization to improve the price stability of eUSD. In simple terms, the collateral from deposited ETH LSTs always exceeds the amount of eUSD minted. Therefore, the eUSD price is less likely to fall below $1.
Lybra Finance’s own token is LBR. LBR can be bridged to other Blockchains via Layer Zero’s bridges. Its main use case is governance for the Lybra project. Today, Lybra Finance has a Total Value Locked (TVL) of $238 million. The altcoin project has received a lot of acceptance from DeFi users.
Third altcoin jewel: Akash Network (AKT)
At number 3 in the long-term gems list is Akash Network. Akash is a decentralized computing project. An open source Supercloud. Its purpose is to allow users and projects to buy and sell computing power. Meanwhile, Akash is part of the Cosmos ecosystem. This is because it is built with Cosmos SDK. This allows Akash to work with other Cosmos projects. For example, Injective, Cosmos Hub and Osmosis are among them.
Akash’s native token is AKT. With this, you can stake on Akash’s Blockchin to secure the network. In doing so, you’ll also earn a sweet annual return! AKT also serves as a transaction and reward token. Why Akash? Artificial intelligence is a very popular topic in the crypto world. However, it requires a large amount of computing resources to maintain. Akash serves this need well, allowing efficient distribution of computing resources. Therefore, we are bullish on this altcoin project token.
Oraichain (ORAI) is in last place
Now let’s talk about Oraichain, the latest of their long-term gems. Similar to Akash, Oraichain fits strongly into the AI narrative. Oraichain is a Layer 1 Blockchain. It hopes to foster a thriving ecosystem on said Blockchain. These include DeFi, NFTs, tokenization and similar projects.
To attract these altcoin projects, Oraichain has a built-in AI oracle. So it adds a layer of trust for data feeds for these projects. Its native token, ORAI, has many uses. Moreover, Oraichain has a thriving ecosystem and strong partnerships in this space. This gives us confidence that others have a good infrastructure to build on. And they can leverage their partners’ expertise to grow.
The opinions and predictions in the article belong to experts and are not strictly investment advice. cryptokoin.com We strongly recommend that you do your own research before investing.
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