After the last six months of bear market, most altcoins are back to last year lows. In this article, let’s list the top 5 altcoins from crypto analyst Ali Rıza’s list that could generate high returns for the rest of the year.
5 altcoins
Band Protocol (BAND)
Band Protocol, multiple outside Blockchain It is a decentralized oracle network that collects information from the source and then communicates that data to integrate it into smart contracts and enable them to reach their full potential. The project is a direct competitor of Chainlink, but it has some advantages. One of them is that it is based on the Cosmos network, which is much faster and more scalable than the Ethereum on which Chainlink runs.
Cardano (ADA)
The next altcoin project on the analyst’s list Cardano, bear market late 2021 launched smart contracts on its platform just before the takeover. Therefore, while projects are rapidly coming into its network, its price has yet to experience the benefits of the new features and capabilities of the network. After half a year of price drops, ADA could be an important option that could go up as soon as the bearish effect wears off.
Smooth Love Potion (SLP)
SLP is a metaverse coin earned by playing the metaverse game Axie Infinity. There is a use case where users are allowed to spawn Axies monsters, depending on the SLP token that players have in-game. However, given the popularity of Axie Infinity, a bullish year-end could be seen with AXS, according to the analyst.
Decentraland (MANA)
In fourth place is Decentraland (MANA), which many consider to be the oldest metaverse project in the industry. Decentraland offers its users the ability to purchase digital lands in its ecosystem and use it for almost everything from software development and gaming to organizing digital events and VR meetups. According to the analyst, MANA is definitely undervalued right now and could be the best time to buy.
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Baby Doge Coin (BabyDoge)
Baby Doge is a new meme coin inspired by the success of Dogecoin. However, he designed it to grab the attention of the community. With this advantage, according to the analyst, together with the strength of the community, it can have a productive 2022.
