The crypto market is preparing for Bitcoin’s halving event. There are different arguments for how this will affect the market. Amid these expectations, crypto expert Bikash Deka from the AltcoinBuzz team talks about some low-capitalization projects in the Bitcoin ecosystem that can bring huge returns for investors. The expert says that these 5 altcoin projects he shared have the potential to increase their value by 100x.
First ranked altcoin: BVMnetwork (BVM)
The Bitcoin Virtual Machine enables complex mathematics and contracts on the Bitcoin network. So, it is designed for this purpose. Now, instead of performing calculations on-chain, it uses a unique proof-validator model to verify calculations on-chain. Additionally, BitVM provides a Turing complete model for Bitcoin contracts. Additionally, off-chain transactions are also included. It does this without changing Bitcoin’s consensus rules. Instead of running on-chain transactions, they operate using a new prover verified model.
We continue the list with Multibit Bridge (MUBI)
Multibit Bridge is safe and effective. It allows token transfers between ETH, BNB and BTC networks. Therefore, it is quite useful. Multibit also connects ERC-20 and BRC-20 tokens. Thus, it increases the liquidity of BRC-20 tokens and enables the growth of the Bitcoin ecosystem. The process of adding BRC-20 tokens to Ethereum becomes simple and efficient with Multibit. Users on the platform can use Ethereum’s vast network, good infrastructure and dynamic finance.
Third altcoin: Ordiswap Labs (ORDS)
Ordiswap is an innovative protocol. It intelligently combines the BRC-20 standard with ordinals. The altcoin completely rewrites how liquidity works in Bitcoin’s base layer. This pro is a huge development for the Bitcoin ecosystem. Ordiswap brings a new era to direct Bitcoin trading. Ordiswap has an Automated Market Maker (AMM) model that introduces off-chain balancing situations. This is the opposite of traditional AMMs. They are based on on-chain smart contracts.
BitStable (BSSB) also makes the list!
BitStable is a decentralized protocol. It provides a proprietary framework for managing synthetic assets. The cross-chain structure and dual token scheme increase asset liquidity on the Bitcoin Blockchain. Users can use Bitcoin-related collateral assets to create stablecoin DAII. The altcoin project uses a dual token structure consisting of the BSSB governance token and the DAII stablecoin.
Last ranked altcoin: Ordibank (ORBK)
Ordibank is a new system built on Bitcoin L1. It applies compound finance reasoning to an off-chain equilibrium processing environment. Meanwhile, Ordibank combines the power of Bitcoin nodes with the logic of virtualized smart contracts.
The opinions and predictions in the article belong to the expert and are definitely not investment advice. cryptokoin.com We strongly recommend that you do your own research before investing.
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