The bear market is an extremely painful process that many people have difficulty in being resilient. We’re getting little good news as low prices dampen the mood of investors. However, experts are more calmly analyzing prices and opportunities in a bear market. In this context, a group of various analysts listed altcoin projects with bullish potential in the bear market and after.
“These 6 altcoins traded on Binance will explode”
You already know some altcoin projects on the analysts’ list. We have shared the explanations for others. However, experts did not only list the names of these cryptocurrencies. They also answered questions about some of their profitable features and when you should invest in them. We, as Kriptokoin.com, have compiled these altcoins on Binance for you.
Binance Coin (BNB)
This altcoin project needs no introduction. Binance Coin is the cryptocurrency that powers the Binance exchange. You can use it to trade on the stock market and pay fees. You can even get a 25% discount on transaction fees as a BNB holder. The 25% discount applies to spot or margin trading fees. For future transaction fees, this discount is still around 10%. That said, there are a few different ways to earn passive income with BNB on Binance.
- You can lock it in the BNB safe. This combines Flexible Savings and rewards from Launchpool. It provides competitive returns and contributes to a nice overall reward.
- Your other option is to stake BNB in flexible staking. The current award rate is 3.59% per annum. In this mode, you can unlock the assets you have locked at any time.
- Another option is to use locked staking for 120 days. At the end of this, you get 12.99% reward.
- These days, the BNB price is $278.75, with a market cap of $45.5 billion.
Moonbeam (GLMR)
GLMR is Moonbeam’s native token. It works as a utility token on Ethereum that does pretty much the same things that ETH does. However, you can also risk it and it lives in the Polkadot ecosystem. Binance currently offers 4 different staking options for this altcoin. You can stake GLMR for:
- With a maximum of 20 GLMRs for 120 days, you will receive a 59.8% reward.
- You get 27.4% rewards with a maximum of 20 GLMRs for 90 days.
- The 60-day and 30-day staking options are currently over.
- GLMR’s price today is $0.608253
Oasis Network (ROSE)
ROSE is the native utility and settlement token for the DeFi protocol named Oasis Network. The staking offers on the Binance exchange for the altcoin are as follows:
- You can lock ROSE for 120 days with an annual reward at 27.38%.
- At 4.8% you can lock for 30 days
- The 90 and 60 day options are already sold out.
- Today, ROSE is priced at $0.064 with a market cap of $325 million.
Mina Protocol (MINA)
MINA is the native token of Mina Protocol. The protocol claims to be the lightest Blockchain in the world. Accordingly, MINA is a native altcoin asset used for payment settlements. Also, the price of the token is trading at $0.6669 with a market cap of $393 million. Now, if you buy $200 of ROSE, which is currently 7 cents, you have a token that has 100x the potential. There are the following options for staking on Binance offerings:
- 120 days 29.79% 100 MINA.
- 90 days 25.4% 60 tokens.
- 60 days 16.9% 600 tokens.
- 30 days 10.8% 100,000 tokens.
Litentry (LIT)
LIT is Litentry’s native token. Litentry, on the other hand, is a decentralized and cross-chain Identity Aggregator. It works to interconnect user identities across many networks. Currently, the price of LIT is $0.7237 with a market cap of $26.8 million. Here are the Binance staking offers for altcoin LIT:
- Maximum 40 LIT with 18.97% reward for 90 days.
- The 60 and 30 day options are currently sold out.
Ontology (ONT)
ONT is Ontoloty’s native token. It can also be used for staking on Binance. Accordingly, at Binance, the reward is in the utility and gas token ONG on Ontology. Additionally, Ontology is a project that aims to protect your data and identity through encryption. The price of ONT is now $0.2388 with a market cap of $208 million. Here are the Binance staking offers for altcoin:
- 20.38% in ONG for 20 days, maximum 300 ONT.
- 90 days already sold out.
- 7.86% in 60 days ONG, 30,000 ONT maximum.
- 5.21% in ONG for 30 days, 50,000 ONT maximum.
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