Like every month, we release interesting cryptocurrency projects that are under the radar. Many traders and investors often look around to search for those Altcoin gems, that have a huge untapped potential. It is not enough to find a cheap coin and go all in. There are many factors that come into play when choosing a project to invest in, like project goal, practicality, clear timeline, founders, and many other study points. We at CryptoTicker do this job on your behalf, so you just get to the buying. 😉 So without further ado, here’s our extensive list of the Top 5 Altcoins to Buy in April 2021.
5- Perpetual Protocol (PERP)
This is an interesting one for you traders out there. Perpetual Protocol is a system that offers automatic market-making (AMM). In fact, market makers have long been hated by traders despite their attractiveness. Market makers’ trading platforms can be laggy, expensive, take the other side of trades, prone to slippage, and many other negative features. That’s where AMM comes into play, specifically with Perpetual Protocol giving a plug-and-play solution to businesses using their Virtual AMM. Virtual AMMs provide guaranteed on-chain liquidity with predictable pricing set by consistent algorithms. This way, traders can trade without counterparties. On the other hand, Stakers (aka PERP holders) contribute to the liquidity, thus ensuring the safety of the funds on the system. They also earn the transaction fees as a reward, sweet!
4- Holo (HOT)
The Decentralized space can be quite hard to understand, especially for non-techy people. That’s when Holo comes in. The project is the “Shopify of Decentralized Apps”, as it aims to simplify the use of Dapps to non-techy people and introduce them to the Dapps environment. Users will be able to create their own websites, stores, and projects with the help of the HOLO ecosystem.
“The Holo network will be facilitated using a token called HoloFuel, which is actively being tested and will act as an accounting system to pay hosts for their services.” – Coinmarketcap
A project that aims to bridge the gap between the complex crypto world and simple users is definitely an interesting project.
3- Ankr (ANKR)
Ankr is a project that embodies that famous saying that goes like “sharing is caring”. In fact, they aim to provide blockchain solutions by letting businesses monetize their unused computing power and bridge it to customers who need it. In simple terms, they are Amazon’s AWS for the crypto sphere. They host blockchain nodes in an easy and affordable way. This project is definitely a “hot” buy, as it represents an important infrastructure once the crypto ecosystem hits the mainstream.
2- Decentraland (MANA)
Do you like gaming? Are you into real estate? This project is just for you. Decentraland is a virtual reality game, set up on the Ethereum blockchain. They allow gamers to purchase virtual plots of lands, which can be monetized later in the game. The project has two tokens: MANA and LAND:
- MANA is an ERC-20 token that is burned every time a LAND token is acquired. MANA can also be used as a medium of exchange inside the Decentraland marketplace, and on outside exchanges.
- LAND is the NFT behind the virtual lands. Of course, they are available on the public Ethereum blockchain and are the basic unit on the virtual map.
Of course, when more users join the game, the project’s worth becomes higher. Since virtual gaming is on the rise, Decentraland is definitely on the “hot projects list”.
1- Syntropy (NOIA)
Last but not least, we have Syntropy which is a project all about security and synergy. They aim to provide simple security processes that are scalable, and facilitate traffic through their token NOIA. In turn, they would reward the node operators for their network contribution. Everything that is already built on the interwebz, can be built on Syntropy, the fact that makes them versatile and flexible. Security is an important issue, and we are noticing lately the importance of such aspects. Syntropy aims to bring security through a decentralized economy, while rewarding contributors.
- Current Price: USD 0.712
- Market Capitalization: USD 263 million
- Market Cap rank: #182
- Exchanges available: Gate.io
Conclusion
The above 5 cryptocurrencies represent very interesting projects that have huge potential. Some of them had a price boom recently and got out from their respective consolidations. Consequently, they might adjust in the short term. But if you’re holding for the long term, they definitely would be highly profitable. Setting stop-losses and keeping up with the news of each project is crucial in order to determine if they will succeed for the long term. Here at CryptoTicker, we provide the latest news and updated on most activities and news that happen in the crypto sphere, so go ahead and subscribe to our mailing list, and join our Telegram trading group…they are free!
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Rudy Fares
