In this week’s episode of “The Market Report,” three top analysts share the best altcoin projects under $3 you can consider buying.
Altcoin picks by veteran analysts
Analysts Benton Yaun explains to Jordan Finneseth and Sam Bourgi the best altcoin projects to buy for under $3. First off, Sam Bourgi begins with his selection of 1inch Network (1INCH), which aims to offer the best odds by exploring the most efficient trading routes on all leading DEXs. Second on his list is Enjin Coin (ENJ), which he describes as the installation for metaverse and gaming projects built on blockchain. Enjin Coin is an Ethereum-based token that aims to make it easy for individuals, businesses and brands to use Non Fungible Tokens (NFT).
Benton Yuan is starting with SuperFarm (SUPER), a blockchain-based decentralized ecosystem that enables users to create, deploy, develop and group NFTs. The altcoin offers cross-chain NFT farming, making the process and NFTs in general more accessible and usable to the average user. Its second choice is Nitro Network (NCASH), launched in 2014, which aims to bridge the gap between the on-line and off-line individual world. The project is an Internet of Things-based, contactless identification system that allows retailers to identify and better serve their customers using customer records to make definitive decisions about product preferences without using WiFi or Bluetooth.
Third, we see Jordan Finneseth starting with Polygon (MATIC), a layer-2 scaling solution aimed at providing faster transactions and lower costs for users. It acts as a fast parallel Blockchain running alongside the main Ethereum Blockchain. The analyst’s next choice is Ronin (RON). Altcoin is another sidechain designed for Blockchain gaming and is currently home to one of the most active games in crypto, Axie Infinity. However, as we reported as Kriptokoin.com, Ronin became the target of the largest DeFi hack in history today and the altcoin price crashed.
After analysts’ share, we take a look at Cointelegraph Markets Pro’s predictions for crypto traders who want to stay one step ahead of the market: Axie Infinity Shards (AXS) and NFTX (NFTX).
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