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Top altcoins to invest in before the imminent December rally


November 27, 2021 · By Muhammad Awwal
Bitcoin (BTC), Ethereum (ETH), Terra (LUNA)

The evolving market dynamics are shifting into specific narratives while Bitcoin is in a downward trend, Ran has picked the best altcoins to invest in now, while the market is still cheap.

Following a significant decline in the value of the cryptocurrency market in general on Friday, bears grabbed control of the BTC price, on fears that a new coronavirus type would wreak havoc on traditional markets.

However, the altcoin market is likely to explode when the total three market cap (crypto market capitalization excluding Bitcoin and Ethereum) crossed the $1 trillion mark, while Bitcoin’s dominance continues to dwindle.

Ran dug into the LUNA ecosystem to make his recommendations for the top winners in Decentralized Finance (DeFi) because LUNA is a fully decentralized blockchain network that aligns and function properly for Decentralized Finance (DeFi).

His first selection is Anchor Protocol (ANC), a savings protocol offering low-volatile yields on Terra stablecoin deposits. The Anchor protocol establishes a money market between a lender seeking steady yields on his or her stablecoins and a borrower seeking stablecoins on stakeable assets.

Kujira (KUJI) is the second choice, a network dedicated to leveling the playing field in decentralized finance by developing dApps for everyday crypto consumers. The network intends to create tools that are simple to use and affordable for everyone, from rookie crypto enthusiasts to seasoned retail investors, regardless of their preferred chain, without requiring them to risk more than they can afford to lose.

KILT protocol (KILT), a decentralized blockchain identity protocol for granting verifiable, revocable, and anonymous claims-based credentials in Web 3.0, is the third choice.

According to Ran, Etheruem will not be the primary blockchain, but rather a settlement layer for numerous layer-2 blockchains such as Polygon. BOBA network (BOBA), an Ethereum layer-2 scaling solution that employs optimistic rollup to make transactions faster and cheaper, is a possible significant winner among layer-2 alternatives, according to him.

D Travel DAO (TRVL), which launched on November 26th, Decimated (DIO), a gaming project that will launch on Solana in December 21, Sidus Heros (SIDUS), a game launching on the Ethereum layer-2 blockchain, and Solschicks (CHICKS), a leading fantasy game built on Solana, are among Ran’s other recommendations.

This episode premiered on November 25th, 2021

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