As we reported as Kriptokoin.com, the crypto money market has returned to its current levels, although it experienced a short-term rise last weekend. The general mood regarding the prices of the crypto market looks positive, with investors optimistic about the medium-term future. So, which cryptocurrencies are experts pointing to? Here are the details…
Cryptocurrency experts explained: “These altcoins may be on the rise soon!”
Render Token (RNDR)
The first coin on the list of experts is the Render Token (RNDR). Render Token (RNDR) has become one of the best-performing altcoins in the cryptocurrency market in recent weeks, with the coin price increasing by 35 percent. The increase is most likely due to the release of a new Render model called BME on the Solana blockchain. This application changed the architecture of the network, attracting many investors to the platform.
On the other hand, according to experts, this expansion to the Solana network will allow the Render project to benefit from Solana’s faster processing times and lower costs. Render Token provides a decentralized GPU rendering system that provides broader access to complex rendering processes. The project has benefits in industries such as media, gaming, virtual reality and medicine. RNDR is currently priced around $2.50 and was trading at $1.74 a week ago.
Casper (CSPR)
Casper (CSPR) coin has gained nearly 20 percent last week due to the launch of a new web wallet called Casper Wallet. The Casper team states that the new wallet will provide better user experience, full desktop browser support, native notification presentation and better security.
The Casper team also announced that it has partnered with Halborn Security, a blockchain cybersecurity firm. The collaboration aims to make Casper Wallet as secure as possible. Casper is a proof-of-stake (POS) blockchain designed for high performance, while its native coin CSPR is currently trading around $0.059783.
Injective (INJ)
Recently popular cryptocurrency Injective (INJ) has risen more than 15 percent on the news of new Binance. Institutional lending provided by Binance allows financial institutions to lend to other similar businesses. The project also announced an integration with Astar Network and Celer Network, a multichain smart contract platform on the Ethereum blockchain, which may have contributed to the token’s price increase. Injective is a PoS blockchain designed for financial uses. INJ changes hands momentarily at $ 7.80
Internet Computer (ICP)
Internet Computer (ICP) is one of the most popular cryptocurrencies recently. The price of ICP rose 9 percent as it announced plans to build an Internet Computer center in Hong Kong. The coin and the project are also gaining more visibility with increasing social media dominance. The ICP is priced at $5.90 instantaneously and is on the experts’ list.
MultiversX (EGLD)
MultiversX has come to the fore in recent days, especially with its listing by the cryptocurrency exchange Upbit. The project gained 10 percent after its listing and the exchange has approximately 9 million users. This signals further adoption for the popular cryptocurrency EGLD. While experts attribute the coin’s rise to its listing on the Korean stock market, the popular altcoin surged up to $43.40 and attracted the attention of many investors.
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