Crypto analyst Conor Kenny has announced the first 4 different altcoin projects with serious potential going forward. They are currently reduced in value by 50% or more. Therefore, the analyst thinks it could be an excellent opportunity to buy. Analyst’s shares cryptocoin.com compiled for our readers.
Solana (SOL), the first altcoin mentioned on the list
Solana is a highly functional open source project that relies on the permissionless nature of Blockchain technology to provide DeFi solutions. The analyst thinks Solana has incredible potential. According to the analyst, there are a lot of games built on Solana because it is so cheap and one of the best projects. The analyst states that it is growing slowly and therefore it is the best choice for long-term traders.
Next Ethereum rival Cardano (ADA)
Cardano is a Proof of Stake (PoS) Blockchain platform that says its purpose is to allow “changers, innovators and visionaries” to bring positive global change. “This is a great project,” the analyst says, simply stating that these projects need to be given time to grow, and that slow growth is much better and much more sustainable than a big bang. Therefore, there is a lot of future potential in Cardano, according to the analyst.
The next altcoin on the list is Vechain (VET)
VeChain is a versatile enterprise-grade tier-1 smart contract platform. Its analyst recalls that this project has absolutely collapsed due to its links with China and the overall market. But he also notes that what they are trying to do is still very good, very strong and very necessary for the market. According to the analyst, they basically disrupt the entire supply chain logistics and much more in the Blockchain and crypto space, so it’s a project that should definitely be checked out.
The latest project is Dogecoin (DOGE), a meme coin
Dogecoin (DOGE) is based on the popular “doge” internet meme and features a Shiba Inu in its logo. Dogecoin dropped to 10 cents after its massive pump. There’s a lot to be said about mass ensembles, community projects with great hype. So with the support of all the celebrities, with everything going on with Dogecoin, this is still a potential altcoin to consider.
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