It is very important to act early in the Bitcoin and altcoin world. You can buy tokens at cheap prices if you participate in the pre-sales. For example, 1 MATIC was $0.00263. This is equivalent to 279 times the current price of 0.78 USD. Note that ATH is $2.92. With that in mind, we’ve compiled 7 altcoins for you to consider.
Altcoin SpinFi
Altcoin SpinFi or Spin is a DEX on the Near protocol. It offers permanent investments (perps) and options. It was also released on the Polygon zkEVM chain in June 2023. Token sales are between 17-27 July 2023. According to icodrops, the public sale price is $0.05 per token. This is our first pick from coin launches.
Their TVL is $972,696, according to DeFiLlama. Earlier this month, it has already reached $1 million. Since May 2023, we can see big improvements in their TVL. They also found information about the team. This is an important factor in new projects. Anonymous projects are not that reliable. But there is information about the team on their LinkedIn page.
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SpinFi has also undergone an audit. BlockApex audited the project. For example, they compared altcoin SpinFi to an experience that competes with CEX for DeFi users. On social media, too, SpinFi looks solid. He has 62.4 thousand followers on Twitter. It also has 20,000 Discord members. These are good numbers and show an active team and community.
Our research team described SpinFi as a legitimate project. It’s prominent in Near and has a few good VCs backing them up. The image below shows the strategies you can follow in Spin.
Altcoin Radpie
Radpie is a Next Generation SubDAO Yield Optimizer. They do this by leveraging Radiant Capital’s solid infrastructure. While using the platform, you can earn altcoin RDP tokens and RDNT token emissions as rewards. This is our second pick from coin launches. Radpie is from the same team that brought us Magpie (Wombat) and Penpie. However, the project is so new that no information about their TVL is available at the moment. On the other hand, we can of course compare TVL with Magpie and Penpie. According to DeFiLlama, Magpie’s ecosystem TVL is $8.12 million. TVL for Penpie’s ecosystem is $47.28 million. These are promising numbers.
You can find information about the team on the Magpie website. As mentioned earlier, the availability of team information is always a good sign. On social media, altcoin Radpie is doing well, especially considering it’s a new project. He currently has 2.4k followers on Twitter. But their Discord is doing much better with 62.6k people on their servers.
Radpie also underwent two audits. One by Peckshield and the other by Watchpug. Our research team couldn’t find the Peckshield control. However, they still made a positive decision. So, the verdict is that this is a legal project. Keep your eyes peeled for an announcement about the token sale.
Clip Finance
Altcoin Clip Finance is still in its early stages. It is an infrastructure layer for cross-chain yield products. Clip Finance has a one-click solution for multi-chain DeFi return strategies. However, the project has not yet been started. On the other hand, they already have a website and a doxed team. Since there is no product yet, there is no information about TVL. But the website has team information with links to LinkedIn profiles. This is always an important factor in your basic research. At the moment, there is no information about inspections. However, the website states that this is coming soon.
Their social media presence currently extends only to Twitter. However, check this. He has 10k Twitter followers. At the time of writing this article, there are no other social media associated. It is stated on their website that there will be a token sale soon.
Altcoin Blur
Blur is an Ethereum-based NFT exchange of altcoins, which is of great interest to professional traders. The leader in the niche market with 60% market cap and trading volume, Blur also offers unique features, high speed and low fees. The platform provides extensive fundamental analysis, depth charts and various other functions. Additionally, it functions as a lending protocol facilitating convenient token trading. Users also have voting rights, which contributes to its democratic structure.
looksRare
LooksRare is a decentralized NFT exchange powered by a reward-based mechanism. It encourages users to list digital items. It also offers them opportunities for reasonable income growth. Currently, Altcoin LooksRare is running its second airdrop, which has received positive feedback from investors. Especially the significant number of NFT projects in OpenSea indicates excellent prospects for all NFT investors.
OP Names
Altcoin OP Names is a Web3 service that works by protecting users’ identities. It is designed to work with collective identities and unique names by interacting with various networks such as DAO, NFT and Name Card. OP Names, currently in beta testing, will soon launch its airdrop and distribute tokens to interested buyers.
Pendle
Altcoin Pendle cryptocoin.com When we look at it as a DeFi protocol, it is a DeFi protocol for yield trading. It offers two types of tokens: primary token and yield tokens. Pendle builds an ecosystem that combines both types of tokens, maximizing return through increased exposure during price fluctuations and minimizing risks during price dips. Tokens provide voting rights and liquidity, while allowing token holders to receive a share of the fees.