The cryptocurrency market has come a long way since its inception. Today the cryptocurrency market cap stands at $2 trillion with a plunge of 0.13% in the last 24hrs.
That being said, there is still room for growth as there are many potential Altcoins out there to invest as the 2024 Bitcoin halving is expected to raise the price of all altcoins.
Top Lesser known Altcoin Projects For Q2 2022
In a new video , Crypto analyst Nicholas Merten informs his 513,000 Youtube subscribers about some of the top altcoins to look for in the second quarter of 2022 and also explains why he is optimistic about these altcoins.
His altcoins list starts with Unibright (UBT), a Blockchain for enterprise solutions. As per Merten Unibright’s core enterprise token UBT has many purposes for the network, but the network’s staking method is bullish for the price of the Crypto asset.
He says, “ The important thing to understand about UBT token is that this is not inflationary staking, so I think this is really going to be exciting. It’s going to set demand for UBT tokens.”
Next comes XRD, the crypto asset of the public decentralized network Radix. This platform aims to outperform Ethereum (ETH).
He explains that when you build a home & always fear that something in the foundation is going to break & it will collapse and this is how it feels about Ethereum right now. So he believes that this could be a major set back and protocols like Radix will serve as a replacement.
As per Merten, Radix is trending higher and it has started to overtake Ethereum in a couple of weeks.
Nicholas Merten ends by stating, “ I think that we’re really going to start to trend higher here in regards to price, especially when we’re revisiting the price range where we saw a major breakout back in November of 2021.”
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Source: https://coinpedia.org/altcoin/lesser-known-altcoins-traders-can-bet-in-q2-2022/