Altcoin Daily, which has over one million subscribers, shared a list of 8 altcoins that it thinks have great potential in a recent video.
Altcoin Daily: These altcoins should be considered
The first coin that the analyst drew attention to is Crypto. com Coin (CRO). Cryptocurrency has been in the spotlight lately as the platform runs a $1 billion sports marketing campaign. According to the analyst, this can add tremendous value to the platform. Second, the analyst points to the Injective Protocol (INJ). Protocol launches a $120 million incentive program. The program will allocate funds to market makers and traders using the protocol based on their activities.
In the third row, Cryptocoin. com, there is a coin, SAND, which does not fall off the agenda. This altcoin, which gained momentum with the shine of the metaverse area; According to the analyst, it is ready to explode with the launch of Sandbox Alpha on November 29. On the other hand, Ethereum sees tremendous value with DeFi and NFTs. The analyst highlights developments in Metamask and Consensys, which are ETH-focused projects. Fifth, Chainlink comes to the fore. The video mentions that Chainlink exhibited a record ecosystem acceleration in Q3 of 2021.
In sixth place is the VET token of the supply chain empowerment protocol VeChain. PoA 2.0 consensus mechanism upgrade is occurring on the network. According to the analyst, the upgrade will further assist commercial and industrial applications. The last 2 coins that Altcoin Daily thinks have upside potential are Polygon (MATIC), which launched the zk-STARK scaling solution for dApp deployment, and Avalanche (AVAX), which has recently seen new highs.