It looks like we’ve managed to escape the red-clad market a little over the past few days, and this has been particularly important for altcoins. Although this bullish move has started to spread its effect slowly, some altcoins have not yet been affected and their values continue to remain low. While this low in prices may be a bit upsetting for current investors, there seems to be light at the end of the tunnel. Those who miss the train, the luck continues.
Cryptocurrency-themed YouTube channel CryptoBusy has shared three altcoins that offer the last chance to be bought before their price explodes. According to the channel’s host, profits can be made by focusing on different altcoins these days, when everyone is focused on Bitcoin.
Mirror Protocol (MIR)
The first altcoin on the list Mirror Protocol (MIR) it happened. MIR is the management token of Mirror Protocol, a synthetic asset protocol created by Terraform Labs (TFL) on the Terra blockchain.
The project, located on the Terra (LUNA) blockchain, can benefit from the positive developments in Terra. Considering that Terra is doing a lot of cool stuff, the potential impact will help raise the price of MIR. Terra has, so to speak, turned the markets upside down recently and bought billions of dollars of Bitcoin for his stablecoins. They research specific industries that are performing well and have a good track record.
There is a lot of bearish pressure right now but MIR is scrambling to get back to its highs. There is a lot of volatility going forward, and much of it will reshape based on what happens in Bitcoin price. However, if you want to jump on the train, you can get a good buying opportunity for around 1 dollar.
Zilliqa (ZIL)
The next altcoin on the list Zilliqa (ZIL) it happened. Zilliqa is a public, permissionless blockchain designed to offer high throughput with the ability to complete thousands of transactions per second. It aims to solve the problem of blockchain scalability and speed by using sharding as the second layer scaling solution. The platform hosts many decentralized applications and also allows staking and yield farming.
The project will be included in the metaverse very soon. This is huge and wonderful news for Zilliqa. The more we see the development of this blockchain implemented as well, the more it is ready to move forward. That’s why it can make parabolic movements here.
Utrust (UTK)
If the last altcoin in the list is Utrust (UTK). Utrust is designed to solve problems that result in the low availability of cryptocurrency as a means of payment, especially the underdeveloped transaction security of payment platforms and relatively high fees.
Utrust has a great purpose for solving real-world applications of cryptocurrencies that are focused on solving problems that are actually at the core of even Bitcoin. We would also like to point out that Utrust has many partners in different industries around the world.
It will be a huge step forward for real estate, crypto and its adoption on the blockchain. It was one of the most used smart contracts. Utrust will be one of the altcoins that popped up out of nowhere. That’s why UTK ranks third on the list.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.