The altcoin market has experienced a fairly rapid decline in price activity over the past two years. The uptrend through 2021 saw a major correction in mid-May 2021, while late summer ignited the runoff and growth continued until mid-November. In this article, let’s examine 9 altcoin projects that can make a strong start to the second half of the new year, with the comments of analyst Ali Riza…
9 altcoins
- Ethereum (ETH) that can make a strong start to the second half is the largest altcoin project by market cap. It is seen as the heart of smart contract and dApps. As ETH 2.0 will be released soon, it alone has the effect of fueling the Ethereum price under the right market conditions.
- Cardano (ADA), which gained smart contract capability in October 2021, is known as the PoS Blockchain giant of the market. However, it never reached its full potential. According to the analyst, as soon as the bull market returns, it will be fun to watch what levels the ADA price can reach with all the tools that Blockchain products bring.
- In fourth place is Axie Infinity, the biggest metaverse game on the market for a while. Making money playing games has attracted players from all over the world and has given the AXS price an unmatched bull. AXS has a long way to go to $165.37 ATH once the bear market ends. As we have included in the analysis of Kriptokoin.com, AXS is trading in the region of 45 thousand dollars.
- The next Decentraland (MANA) emerged long before it became a metaverse trend and has not only taken its project to an impressive level but also built a large community as well as a strong reputation. With huge investors like Digital Currency Group and Animoca Brands, MANA is worth putting on the June list, according to the analyst.
- Looking forward to solving the scalability problems of Blockchains by introducing parachains, Polkadot (DOT), which tries to solve provides the ability to establish interoperability. It may also be one of the biggest contributors to the creation of Web3.
- Solana (SOL) is the most scalable Blockchain in the crypto market capable of handling 100,000 TPS. Analysts think that Solana, as an Ethereum alternative, can definitely show great success in the near future.
- Avalanche (AVAX) is one of the fastest smart contract platforms in terms of transaction sharpness. One of the most powerful projects to address the slow speeds, low scalability and high costs of PoW dependency.
- Ethereum-based DEX platform Uniswap (UNI) is one of the pioneers of the DeFi market. With new updates after the massive DeFi craze in 2021, it could be one of the altcoin projects to be on the radar of June, according to the analyst.
- Last on our list, we take a look at Hedera (HDR), which allows powerful dApps to be built for both individuals and businesses. Hedera aims to solve the flaws of first-generation Blockchains. In doing so, it enables further development and experimentation that will lead to new solutions and a richer ecosystem.
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