Skip to main content

The Underdogs: Under The Radar Cryptos Looking Towards Next Year

We hear and read about small cryptos and tokenized projects exploding over night, and many never hear of them weeks, days and hours before they got their success. We often wonder where these coins come from, and how many people don’t hear about them until they are mainstream.

We’ll take a look at a few mid-cap cryptos that are on the radar, but have potential to become mainstays:

No Need To Fear, The Underdogs Are Here

Vechain 

Market cap: ~$11.29B

VeChain is a blockchain platform designed to enhance supply chain management and business processes. It’s goal is to streamline these processes and information flow for complex supply chains through the use of distributed ledger technology (DLT). Vechain was founded in 2015 by Sunny Lu, the former chief information officer of Louis Vuitton China. The platform started as a subsidiary of Bitse, one of China’s largest blockchain companies, and is among the few blockchains that already have a substantial customer base among established companies.

Vechain has recently surged into the top 25 of largest market caps amount crypto tokens.

VECHAIN: vechain currently trading at $0.13 vechain-USD on TradingView.com

Related Reading | GreedSwap: Super Producers Cool And Dre Help Launch New Coin & Crypto Label

More Cryptos To Keep An Eye On…

StormX

Market cap: ~$289M

StormX is a decentralized platform where online shoppers can earn crypto in shopping rewards, with $STMX being the platform’s governance token. It is also used to store value in the upcoming line of StormX Debit Cards. The Seattle-based platform has been introducing people into the world of cryptocurrencies through a unique approach. By introducing the idea of “cashback via cryptos,” online shoppers can gain gradual exposure to cryptos by earning as they shop. This allows users to earn cryptocurrencies such as Bitcoin, Ethereum, stablecoin Dai, and also StormX’s native token. Stormx has partnered with world banks and has alot to look for in the years to come.

Hedara Hashgraph

Market cap: ~$4.07B

Hashgraph is a distributed ledger technology that some call the alternative to blockchains; the technology is currently patented, and the only authorized ledger is Hedera Hashgraph. The native cryptocurrency of the Hedera Hashgraph system is $HBAR. The Hedera Consensus Service offers applications direct access to the native speed, security, and fair ordering guarantees of the hashgraph consensus algorithm; using this service, clients can submit messages to the Hedera public ledger for time-stamping and ordering. The platform is anticipating a mainnet upgrade next week.

With about 6,000 cryptos active today, it can be difficult to draw the line between meme tokens and established tokens. Additionally, projects constantly change and grows – what’s hot today isn’t by the end of the night, but this leads to new and awesome discoveries.

Related Reading \ DRepublic Launches World’s First Combinable NFT Platform, ‘MetaCore’ Using EIP-3664

 



from NewsBTC https://ift.tt/3bvE23g
via IFTTT
Labels:

Comments

Post a Comment

Any questions, Please.

Popular posts from this blog

Five Bitcoin Price Charts Analyzing The Dramatic Q1 2022 Conclusion

There are only hours remaining until the Q1 2022 close in Bitcoin price action. With the important quarterly candle set to close tonight, let’s look at what technicals might say about the direction of the next quarter. Q1 2022 Comes To A Close For Bitcoin The first quarter of a year, often sets the tone for the year to come. In investments, a poor Q1 performance is indicative of a bad year ahead. Considering the fact that Bitcoin price is now above $45,000 after touching $32,000 this quarter, it is tough to say the performance has been “poor” by anything other than crypto standards. Related Reading | Bitcoin Weekly Momentum Flips Bullish For First Time In 2022 The cryptocurrency has recovered nearly 40% from the low, leaving a long wick behind. Such a long wick suggests that before the quarter came to a close, buyers stepped up in a major way. Buyers were able to step up in a larger capacity in Q1 2022 than bears were able to in the final quarter of last year. The bearish wick to cl...
Post a Comment
Read more

FTX hacker reportedly transfers a portion of stolen funds to OKX after using Bitcoin mixer

On-chain activity suggests that the hacker has sent at least 225 BTC (4.5 million) to OKX so far. Hackers who drained FTX and FTX USA of over $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11, continue to move assets around in an attempt to launder the money.  A crypto analyst who goes by ZachXBT on Twitter alleged that the FTX hackers have transferred a portion of the stolen funds to the OKX exchange, after using the Bitcoin mixer ChipMixer. The analyst reported that at least 225 BTC — worth $4.1 million USD — has been sent to OKX so far.  1/ Myself and @bax1337 spent this past weekend looking into the FTX attacker’s deposits to ChipMixer. It appears they’ve likely been transferring a portion of the stolen FTX funds to OKX after withdrawing from CM So far we’ve accounted for at least $4.1m (255 BTC) sent to OKX pic.twitter.com/C46JZWtktn — ZachXBT (@zachxbt) November 29, 2022 According to ZachXBT, the FTX h...
Post a Comment
Read more

2 metrics signal the $1T crypto market cap support likely won’t hold

Despite the 8.5% weekly rally in cryptocurrencies, the lack of stablecoin premiums in Asia and futures markets activity shows buyers’ lack of confidence. Cryptocurrencies broke the $1 trillion market capitalization resistance on Oct. 26, which had been holding strong for the previous 41 days. Despite Bitcoin’s ( BTC ) modest 5.5% weekly gains, the aggregate value of 20,000 listed tokens increased by 8.5% between Oct. 24 and 31. Total crypto market cap, USD (in billions). Source: TradingView The cryptocurrency market was positively impacted by a 6.3% weekly rally in the Russell 2000 mid-capitalization stock market index. Some encouraging news accompanied the positive tailwinds from traditional markets. For instance,  55,000 BTC was withdrawn from Binance on Oct. 26, a record high. Typically, analysts consider the reduced number of coins deposited on exchanges a bullish indicator, as the immediate selling pressure eases. Moreover, exchange and wallet provider Blockchain.com ...
Post a Comment
Read more