The popular crypto channel Crypto Banter reveals to its 490,000 subscribers that the top 8 altcoins in December signal a parabolic movement.
One of the top altcoins on KOL’s radar is KILT Protocol (KILT), an open source blockchain protocol that helps provide claims-based, revoked, and anonymous credentials in Web 3.0.
“This is a very important identification, asset identification and verification protocol. KILT has a great advantage in the future and will be one of the most important platform projects in the entire Polkadot ecosystem. ”
In addition, the trader pointed out that one of the most important is that KILT is related to Web 3.
“With KILT, users only need an access history that is self-managed and decides how they want to use and see what, even just their name. In addition, they only need a password to use the login everywhere. You don’t have to remember multiple passwords for accounts on Snapchat, YouTube and Instagram! ”
Next on the list is the Anchor Protocol, a savings protocol that accepts Terra deposits, allows instant withdrawals, and pays depositors a low volatile interest rate.
“While you can benefit from Anchor Protocol in other ways, Anchor’s flagship product can be called Savings Protocol, which gives you an annual percentage return of 19.47% on deposits. Your VAT”.
The trader adds that the benchmark anchor rate for the savings log is derived from anchor and shaped by the collateral placed on anchor. This ratio can also be changed by proposals from the authorities.
In third place comes Kujira (KUJI), a platform that collects decentralized applications. As Crypto KOL explains, Kujira has made waves in the DeFi community by making its tools affordable and accessible to both seasoned crypto enthusiasts and beginners.
“Because of his unique character, Kujira has made waves in the crypto world. For the first time, non-whale crypto users can implement strategies traditionally reserved for whales. ”
Not to mention Kujira launched its first and newest dApp, ORCA. It provides a platform on which members of the community can bid on debt held for liquidation.
Boba Network (BOBA) is an Ethereum Layer 2 scaling solution developed by the Enya team as a key contributor to the OMG Foundation.
Cryptocurrency KOL announced that Boba Network, one of Ethereum’s first optimistic roll-up solutions, has reached a total value of $ 1 billion. Its native token has also grown more than 540% since it was launched last week.
“Everyone had a smile on their faces as they drank boba (milk tea). And that’s how their investors feel right now. The race to scale Ethereum Layer 2 is heating up. According to L2Beat, Boba is currently holding a total of $ 1.08 billion on hold after usage spiked in November.
The fifth altcoin is Dtravel (TRVL), an apartment sharing platform designed with the community in mind.
“If you are a frequent traveler, you will likely find motels and rooms to be more expensive. Fortunately, platforms like Dtravel level the playing field and enable the community to share apartments with a decentralized approach. ”
According to the retailer, Dtravel is innovative on many fronts, such as the initiative to support monetization.
Like GameFi projects and NFT games today, which focus on game systems that reward loyalty and ongoing commitment, Dtravel employs a similar support-to-earn structure to encourage users to be more active in the community. ”
GameFi (GAFI) is a DeFi platform that helps develop new games based on blockchain. As Crypto KOL explains, it is part of a large DeFi movement that is using decentralized financial instruments for new forms and functions in finance, governance, and more.
“The idea here is to create a DeFi platform for blockchain games that will give users access to a variety of gaming experiences while simplifying the user experience by integrating all the tools required. Therefore, it also attracts players who are not in the crypto world to get into the blockchain game. ”
Sidus NFT Heroes is a GameFi project that started with putting together NFT avatars and grew into an NFT world with a variety of assets and services. The project covers all 6,000 NFTs and is currently traded on OpenSea.
“As a gamer who loves adventure, futuristic MMORPG game genres, the GameFi market will definitely love what Sidus Heroes has to offer. There are many adventures awaiting players as they explore the vast universe of the game in search of fortune and fame. ”
Last on the list is Solchicks (CHICKS), one of the fastest growing play-to-earn games based on Solana.
“In the first week of launch, over 52,000 players took part in the SolChicks game demo. It ranks first on CoinMarketCap, Solana P2E, and is the hottest NFT collection on Solanart. Additionally, it saw explosive growth on social media in the seven days following the game demo’s release.
More importantly, the trader also says that the SolChicks NFT reserve price has increased from 1.8 SOL to 17 SOL, which is an 844% increase. And the lowest price of 1 NFT is currently around $ 3,500.
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