Crypto analyst Camille Lemmens expects the next bull run to be around the Bitcoin halving. Noting that this event is one year away, the analyst says that it is time to start accumulating 3 altcoin projects that he expects to jump 50x – 100x.
First altcoin: Chaine (CHNG)
So, the first token I will talk about in this crypto strategy is CHNG. Chaine Finance is a cross-chain aggregated DEX. All-in-one mobile wallet. Of course, unsupervised. This means that you are responsible for the private keys. In other words, you have control over your digital assets. I’ve already told you many times that cross-chain will be the future of Blockchain. Well, Chainge allows you to send, receive and exchange on 24 different Blockchains. This also includes non-EVM Blockchains. But that’s not all, they offer more, such as: margin loan, staking, earn program, options DEX, futures, escrow services, and DEX aggregator.
💥 Why should you use the Chainge Finance app to store and trade crypto?
🛡️ Your keys, your assets. Period.
💸 The most liquid cross-chain aggregated DEX = $70Bn+ in aggregated liquidity = best trading prices
🔀 One tap interoperability solution = over 30 integrated chains pic.twitter.com/IvHEcIAjg8
— Chainge Finance 🪢 (@FinanceChainge) November 9, 2022
Currently, their app has more than 100,000 downloads. CHNG tokens also have good utility. You can use it for governance and pay gas fee on all supported Blockchains. The token is also deflationary. I love that and that’s usually a good sign. Chaine Finance buys back tokens using 25% of their profits and burns them regularly.
CHNG token price is $0.083134 and market cap is $33.9 million. Of the maximum supply of 814.67 million tokens, 408 million are already in circulation. That’s a good 50%. In the last 30 days, the altcoin price has increased by 45%. This is not as much as other tokens do. However, it lost only 7.3% in 1 year. There are very few tokens that can boast of this. With an ATH of $0.2, things are looking good for CHNG.
🪢 Chainge's cross-chain roaming is the only universal interoperability solution that is decentralized, multi-operational and 100% secure.
🤓 Let's get techy and find out why + how any project can go full #crosschain & aggregate top liquidity by integrating our SDKs:
— Chainge Finance 🪢 (@FinanceChainge) January 31, 2023
Second project: Litentry (LIT)
Litentry focuses on identity. As I mentioned recently, this is an area that I expect to be big this year. As they say on their website, they help you exist in a KYC-free digital world. That sounds good! This is the second token of our crypto strategy. I dare say they are currently the most powerful project in the DID (digital identity) space. When Web3 becomes widespread or CBDCs become widespread, you will need your DID. It will be very important. In other words:
- Litentry allows you to cross-chain your user identity in various ways. You are in control of when, what and to whom you share your data. This is true self-sovereignty.
- Your pseudonymous identity becomes verifiable without anyone seeing you. This can reduce prejudice and discrimination.
✨New video: Litentry DID Aggregation Infrastructure Explained!
"Litentry links identities across networks, and provides encrypted evaluations using a deterministic computation system. We ensure privacy while allowing a comprehensive identity on Web3."https://t.co/2OmGyurmJZ
— Litentry (@litentry) February 21, 2022
So, to explain this as simply as possible, imagine this.
- Litentry packages and repackages your data content.
- However, they add cryptographic proofs and digital signatures. These come from the subject and messengers of the messages.
- This creates a new data standard. In return, you get selective annotation and maximum cross-chain options.
- As a result, this builds trust between organizations or projects.
Latest altcoin: Parsiq (PRQ)
Parsiq is already a fairly new 5 year old project. During the 2021 bull run, this token did 60x. He may do this again in the upcoming bull run. Parsiq is all about data. In fact, they provide personalized data. This can be historical or real-life data. Another interesting point is that Sui is following Parsiq. For example, they don’t follow Chainlink or Graph. They operate in the same field. Parsiq also has interesting and solid job offers.
PARSIQ launches ABI Decoder on #TsunamiAPI – making data more valuable & easier to understand! ⚡️
✅Decode events for any contract
✅Receive custom data, instantly decoded & delivered
✅Integration w/ real-time filters to monitor specific eventsInfo👇https://t.co/YV4qDDM3ag pic.twitter.com/6vuUc9AK4l
— PARSIQ | go-to backend for #web3 applications 🌊 (@parsiq_net) February 9, 2023
Almost 60% of its tokens are already in circulation. So, their tokenomics is also good. That’s 177.8 million of the 310 million max supply. The current price of PRQ is $0.165114. Market cap of $30 million. So, all good signs. The altcoin is also listed on almost all major exchanges. However, interestingly enough, it is not yet on Binance. Another moment to look forward to. If Binance lists PRQ, we may see another positive price increase. Also, the team is fully doxed and you can find them online. Another good sign. It’s all about data and digital identities.
PARSIQ launches ABI Decoder on #TsunamiAPI – making data more valuable & easier to understand! ⚡️
✅Decode events for any contract
✅Receive custom data, instantly decoded & delivered
✅Integration w/ real-time filters to monitor specific eventsInfo👇https://t.co/YV4qDDM3ag pic.twitter.com/6vuUc9AK4l
— PARSIQ | go-to backend for #web3 applications 🌊 (@parsiq_net) February 9, 2023
The opinions and recommendations in the article are the analyst’s own and are definitely not investment advice. cryptocoin.comWe recommend that you do your own research before investing.