Leading crypto analysts stated that these 4 altcoin projects will be on the rise soon after the long-awaited ARB Airdrop! These 4 altcoins may explode! Here are the details…
Leading analysts explained: These 4 Altcoins could rise!
Drake on Digital and Duo9, well-known analysts of the crypto money market, shared information about the tokenomics behind Arbitrum’s upcoming airdrop in the data they shared on Twitter. Announcing 4 altcoin projects that will rise after the recent ARB airdrop, Drake on Digital and Duo9 see these cryptocurrencies as the cryptocurrencies that Arbitrum will hold to raise funds and maintain liquidity in the newly formed Arbitrum DAO.
GMX
According to experts, if 42 percent of Arbitrum DAO funds are shared, there are major cryptocurrencies to benefit from. GMX is already taking advantage of them. It has increased by 171 percent in the last year. However, some promising projects in Arbitrum have a much lower market value than their TVLs. Drake’s theory is that Arbitrum will airdrop based on TVL, as Optimism did. Here are the words of the analysts:
Potentially the most important factor contributing to the early adoption of the network is the growth of hybrid persistent platforms. GMX has positioned itself as a leader in the DeFi space of Arbitrum, which accounts for more than 80 percent of all TVL.
GMX is in the first place of experts. GMX, which has been acting with Arbitrum for a long time, has attracted the attention of many investors. Now they have added Avalanche as the 2nd chain. They are growing fast there too. The total locked value is at the level of 471 million dollars in total. Experts recommend that investors follow GMX closely, while stating that with the current market value of $ 708 million, GMX can quickly rise in a bull market. That said, experts “there’s no reason why it shouldn’t grow 20 times or more from here.” also in his words.
Radiant Capital (RDNT)
Radiant is a lending protocol that has been successful at Arbitrum. According to DeFillama, it ranks 3rd in TVL only after GMX and Uniswap. And it’s just $30 million left to catch up with Uniswap to become #2. Calling itself a multichain money market, Radiant, when starting Arbitrum and currently on Arbitrum, has ambitious goals of allowing depositors to use a large asset on any chain so that they can borrow any other large asset from another chain.
According to experts, the project has a bold purpose of its own and got off to a good start with a fast, inexpensive layer-2 protocol. RDNT provides 92 percent payout once locked onto the platform, which is the real return on platform fees for loans. Instantly, RDNT is trading at $0.318833 and has a market cap of $49 million. While experts point to GMX for traders who want to earn 50x 100x easily and quickly, you earn a fee every time someone borrows on the platform.
Gains Network (GNS)
Gains Network acts as a DEX platform and bridge to Arbitrum. It also works on Polygon which makes bridging easier and cheaper. Arbitrum bridge is something you cannot ignore. GNS seems to be the cheapest and fastest bridge to Arbitrum. Much cheaper than any Ethereum bridge. Experts report that they look at this issue in a positive way.
Gains also allows trading of many cryptocurrencies. Perps are perpetual contracts that are flexible for both trading and holding existing positions. That’s why both retail investors and professionals love them. That’s why investing in GNS pays off nicely at 6.8 percent and 8.9 percent in Polygon or Arbitrum, according to experts. However, the fact that it is sustainable, according to experts, makes the project indispensable. Instantly, GNS is trading at $ 7.37 and has lost more than 9 percent in the last 24 hours. Its market value is around $227 million. According to experts, GNS may explode even 10x in the near future. That’s why experts recommend that investors keep their eyes on GNS.
MAGIC
On the other hand, analysts, who also made statements for NFT lovers, also included MAGIC coin in the list. MAGIC is the native coin for TreasureDAO. Users can use MAGIC to play many games and to move money and money between games on the network. However, according to its website, 95 percent of all game and NFT transactions on Arbitrum take place on Treasure DAO. An example is Tales of Elleria. In the medieval role-play game, users can use MAGIC coins.
According to the data announced at the moment, there are 13 games on the platform. And the great thing is that it’s all in one place. With a single wallet connection, you can use MAGIC coins in games, participate in PVP games and have fun. On the other hand, experts think that MAGIC with a market value of 383 million dollars may experience a 10-fold rise in the near future, and they state that MAGIC will rise as the game rises again. Instantly, MAGIC is trading at $1.49.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.