Crypto analyst Camille Lemmens expects the next bull run to be around the Bitcoin halving. Noting that this event is one year away, the analyst says that it is time to start accumulating 3 altcoin projects that he expects to jump 50x – 100x.
First altcoin: Chaine (CHNG)
So, the first token I will talk about in this crypto strategy is CHNG. Chaine Finance is a cross-chain aggregated DEX. All-in-one mobile wallet. Of course, unsupervised. This means that you are responsible for the private keys. In other words, you have control over your digital assets. I’ve already told you many times that cross-chain will be the future of Blockchain. Well, Chainge allows you to send, receive and exchange on 24 different Blockchains. This also includes non-EVM Blockchains. But that’s not all, they offer more, such as: margin loan, staking, earn program, options DEX, futures, escrow services, and DEX aggregator.
Currently, their app has more than 100,000 downloads. CHNG tokens also have good utility. You can use it for governance and pay gas fee on all supported Blockchains. The token is also deflationary. I love that and that’s usually a good sign. Chaine Finance buys back tokens using 25% of their profits and burns them regularly.
CHNG token price is $0.083134 and market cap is $33.9 million. Of the maximum supply of 814.67 million tokens, 408 million are already in circulation. That’s a good 50%. In the last 30 days, the altcoin price has increased by 45%. This is not as much as other tokens do. However, it lost only 7.3% in 1 year. There are very few tokens that can boast of this. With an ATH of $0.2, things are looking good for CHNG.
Second project: Litentry (LIT)
Litentry focuses on identity. As I mentioned recently, this is an area that I expect to be big this year. As they say on their website, they help you exist in a KYC-free digital world. That sounds good! This is the second token of our crypto strategy. I dare say they are currently the most powerful project in the DID (digital identity) space. When Web3 becomes widespread or CBDCs become widespread, you will need your DID. It will be very important. In other words:
- Litentry allows you to cross-chain your user identity in various ways. You are in control of when, what and to whom you share your data. This is true self-sovereignty.
- Your pseudonymous identity becomes verifiable without anyone seeing you. This can reduce prejudice and discrimination.
So, to explain this as simply as possible, imagine this.
- Litentry packages and repackages your data content.
- However, they add cryptographic proofs and digital signatures. These come from the subject and messengers of the messages.
- This creates a new data standard. In return, you get selective annotation and maximum cross-chain options.
- As a result, this builds trust between organizations or projects.
Latest altcoin: Parsiq (PRQ)
Parsiq is already a fairly new project of 5 years. During the 2021 bull run, this token did 60x. He may do this again in the upcoming bull run. Parsiq is all about data. In fact, they provide personalized data. This can be historical or real-life data. Another interesting point is that Sui is following Parsiq. For example, they don’t follow Chainlink or Graph. They operate in the same field. Parsiq also has interesting and solid job offers.
Almost 60% of its tokens are already in circulation. So, their tokenomics is also good. That’s 177.8 million of the 310 million max supply. The current price of PRQ is $0.165114. Market cap of $30 million. So, all good signs. The altcoin is also listed on almost all major exchanges. However, interestingly enough, it is not yet on Binance. Another moment to look forward to. If Binance lists PRQ, we may see another positive price increase. Also, the team is fully doxed and you can find them online. Another good sign. It’s all about data and digital identities.
The opinions and recommendations in the article are the analyst’s own and are definitely not investment advice. As Kriptokoin.com, we strongly recommend that you do your own research before investing.