Leader Altcoin Ethereum (ETH) continues to lose value due to increasing competition with its competitors such as Solana and Base. ETH, which decreased to $ 2,815 with a decrease of 30 percent from the highest level of the year, directs investors to different alternatives. So, can the projects seen as an alternative to Ethereum really make a big profit?
Mantra (OM): Leader in the tokemization of real world assets
Mantra (OM) has become one of the crypto currencies that provides the highest earnings to its investors this year. Rising from $ 0.022 to $ 6, the OM is seen as one of Ethereum’s biggest competitors.
The biggest advantage of Mantra is that rapidly growing real world assets focus on the tokension sector (RWA). This sector ensures that physical assets such as real estate and art are token and purchased and sold on the block chain. Blackstone, one of the largest US private capital companies, also shows that RWA will play an important role in the financial market. Mantra is expected to test the $ 10 level in the coming period, while falling below $ 4.6 can weaken the expectation of rise.
Polkadot (DOT): Large Altcoin updates on the road
Polkadot (DOT) is one of the largest block chain projects seen as a competitor to Ethereum. With the Polkadot 2.0 update, Ethereum plans to strengthen its support.
DOT, which has been moving in a narrow band for the last three years, can now be in a accumulation phase. If the price reaches a level of $ 29.78, a 400 percent rise may occur compared to the withdrawal levels of Fibonacci. However, in order to realize this scenario, more purchasing interest in the market needs to be created.
Uniswap (UNI): V4 update and Unichain Effect
Uniswap draws attention as one of the biggest projects in the field of decentralized finance (defi). Uniswap, which recently implemented the V4 update, has reached a $ 50 million asset in just a few days.
In addition, Uniswap plans to develop a layer-2 scaling network called Unichain. This network will collect the liquidity in a single pool by reducing the trading fees. Unichain is expected to reach the level of UNISWAP with the release of the market.
HELA HASHGRAPH (HBAR): Altcoin ETF Expectation and Corporate Support
Hedera hashgraph (HBAR) stands out as a project supported by giant companies such as IBM and Google. One of the biggest advantages of the project is its high transaction speed and the possibility of low -cost transfers.
One of the biggest price catalysts for popular Altcoin is a possible spot ETF that can be approved by the US Securities and Stock Exchange Commission (SEC). The price may rise to $ 0.4020 by increasing from $ 0.1830. This means an increase of 65 percent compared to the current level.
