Although the entire crypto market has been looking bullish for the past few days, traders are wondering which altcoins they should keep and which ones they should remove from their portfolios. Chris, the host of Youtube Channel Cheeky Crypto, who came to the rescue of investors in this regard, explains the 5 best altcoin projects to buy in April 2022.
Popular altcoin Avalanche (AVAX) and Cardano (ADA)
According to Chris, owner of the famous crypto YouTube channel Cheeky Crypto, ETH competitor Avalanche (AVAX) is running at 6,500 per second without sacrificing scalability. aims to surpass ETH with higher transaction throughput as far as transactions. The analyst predicts that AVAX, a low-cost and environmentally friendly altcoin, is a great platform for developers to build dApps and this ecosystem will expand further from where it is now. Besides these, AVAX holds 29.02 dominance in terms of total locked value (TVL). For this reason, Cheeky Crypto states that the first potential altcoin to be purchased in April is AVAX.
According to the analyst, another crypto currency that offers a great investment opportunity next month is Cardano (ADA). Cardano, a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators, and visionaries” to bring positive global change, will be a catalyst for many projects to be included, according to Cheeky Crypto server, and big things from Cardano. Cardano doing big business around the world allows to build dApps on custom protocol. For this reason, according to Chris, ADA could potentially become a leader in the AI industry as well as the DeFi industry. However, this is awaiting the scaling solution to be implemented in Cardano.
VeChain (VET), Gala Games (GALA) and Harmony (ONE)
According to Analyst Chris, another altcoin that should be bought in April is VeChain (VET). There may be some potential opportunities in VeChain, an enterprise-grade tier 1 smart contract platform. The Blockchain platform, which recently launched its VUSD, is expected to launch DApps in the coming weeks and months. The next name Chris mentions, Gala Games (GALA), aims to take the gaming industry in a different direction by giving gamers back control of their games. The project wants to change the fact that players can spend hundreds of dollars on in-game assets and countless hours spent playing the game that can be bought from them at the click of a button. Therefore, according to the analyst, GALA becomes the fourth coin to be purchased in April.
Kriptokoin.com, the server of Cheeky Crypto, whose analysis we have consulted before, is the last name on Chris’s radar, Harmony (ONE). A Blockchain platform designed to facilitate the creation and use of decentralized applications (DApps), the Harmony network aims to renew the way decentralized applications work by focusing on random state sharing that allows blocks to be created in seconds. With a total unlocked value currently of $857.31 million, the ONE thus increases its dominance among DeFi proes to 43.99 percent, a stunning 4.58 percent increase. April presents a good opportunity to buy, according to analyst Harmony (ONE), whose ecosystem is growing and people are really excited to see how it continues in the weeks and months to come.
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