Altcoin Daily has revealed 12 cryptocurrency investments that have real potential going forward after the recent market dip.
Starting with the number 12 coin, Bitcoin. The SEC has 38 days to approve, deny, or extend the review period of VanEck’s 19b-4 Form for the first US Bitcoin ETF and even financial juggernaut Fidelity, wants to launch it’s own Bitcoin ETF. The Exchange Traded Fund will allow retail investors to bet on Bitcoin price without the need to buy or store the cryptocurrency themselves. Goldman Sachs who at one point last year denied Bitcoin being an asset class have also filed an application for Bitcoin related products (0:45).
The next coins on the list are Decentraland and The Sand Box which are getting mainstream awareness as virtual real estate starts to get mass adoption (2:37).
The Graph (GRT)
The Graph is the number 9 coin, an indexing protocol for querying data for networks like Ethereum, IPFS, and Cardano. Subgraphs will migrate to their mainnet in April, meaning delegators/indexers are able to collect query fees. Bullish news for the network based token GRT holders (4:42).
Theta Network (THETA)
The next coin on the list is Theta Network (THETA), an end-to-end infrastructure for decentralized video streaming. The network’s mainnet 3.0 launch date pushed to incorporate some building blocks for a non-fungible token, or NFT market place on the Theta Mainnet 3.0 (6:33).
Uniswap is the next coin on the list with a major update on the decentralized exchange and their UNI token. The protocol presented a detailed overview, flexible and capital efficient AMM design for Uniswap v3. Their Mainnet launch is scheduled for May 5, with a scalable Optimism L2 deployment set to follow soon after (7:53).
Ethereum is the number 6 coin. Staked ETH Trust opens Ethereum staking in a bid to simplify the staking process for accredited investors and other institutions (10:35).
The number 5 coin on the list is Cardano. The network is on the cusp of deals and initiatives in Africa this year which will bring millions of people into the Cardano ecosystem, give them identity that can be connected to wallets, properties, payment systems and rich metadata (11:35).
The number 4 coin on the list is TrustSwap. The DeFi protocol has now expanded its service to include access for projects on the rapidly expanding Binance Smart Chain with over $700,000,000 already secured through TrustSwap’s Team Token Locks and Liquidity Locks (13:12).
Polkastarter and SuperFarm are tied as number 3 coins. The latter becomes the first project to list on Binance after their successful IDO on Polkastarter (14:18).
The number 2 coin with a lot of upside is Chainlink. The Oracle network integration connects Filecoin(FIL) to smart contracts. The integration will enable a connection between Filecoin, Ethereum and other smart contract enabled blockchains (15:34).
Polygon Network (MATIC)
The top and final coin on the list is Polygon Network(MATIC). They have recently partnered with Ocean Protocol(OCEAN) for lower gas fees as they aim to become Ethereum’s bridge with other blockchain networks (16:35).