Here are the top 8 altcoins with parabolic growth in December, according to Crypto Banter

The popular crypto channel Crypto Banter reveals to its 490,000 subscribers that the top 8 altcoins in December signal a parabolic movement.

KILT protocol (KILT)

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! ”

Anchor Protocol (ANC)

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.

Kujira (KUJI)

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)

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.

Trip (TRVL)

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)

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. ”

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