Sleeping Giants: Top 9 Potential Altcoin Projects According to Altcoin Daily

In a recent video, popular cryptocurrency channel Altcoin Daily shared the top 9 potential altcoin projects that are considered “sleeping giants” and will “wake up” by the end of the year.

#first Theta (THETA) is the first altcoin on the channel’s radar. According to Altcoin Daily, the theta price catalyst is the news that Mainnet 3.0 has successfully launched.

“With a volume of 10,968,061, the chain was forked to the MN3.0 token and at the same time enabled TFuel staking. Over 400 million TFuel have now been staked out and the first TFuel reward has been distributed. “

The cryptocurrency KOL adds that the theta network is supported by “big names” and a patent was recently granted to USPTO “THETA-1005”. THETA-1005 helps prevent denial-of-service attacks in decentralized networks by using verifiable latency functions (VDF) to prevent malicious attacks.

The most exciting news from Theta, however, is that Katy Perry recently announced a global exclusive NFT partnership and investment in Theta Network.

# 2 The second altcoin on the list is the blue chip in Uniswap’s (UNI) decentralized finance division:

“Uniswap V3 is gradually taking over the decentralized stock exchange market. Just two months after launch, it has captured 41% of the market and is showing no signs of slowing down. “

# 3 The third coin in the sights of the crypto strategist is Sushiswap (SUSHI). Sushiswap will launch the NFT Marketplace next month:

“This is the first time Sushi’s NFT market is launched. Shoyu is expected to go live in August and launch on Ethereum and Polygon, with multi-chain support in development. “

According to the crypto channel, the platform’s designers optimized gas fees by transferring order books for NFT for trading Ethereum.

“I firmly believe that sushi will do great things by the end of the year,” said Altcoin Daily.

# 4 Cardano (ADA) came in fourth. The project is the leading blockchain in terms of average daily deployments on Github over the past 30 days.

# 5 Next on the list is Decentraland’s competitor: Sandbox (SAND). As Altcoin Daily reports, the popular entertainment franchise “The Walking Dead” will be available on this Ethereum-based Metaverse gaming platform. The Walking Dead gaming experience will be included on the NFT world map, and players will be able to use franchise assets to create their own games.

“The Sandbox, an upcoming Ethereum-based online Metaverse game, has signed a variety of brands and pop culture traits for this shared gaming environment, including The Smurfs, Deadmau5, CryptoKitties, and the classic game franchise Atari.

At the start, The Sandbox offers an interactive The Walking Dead game experience, where participants can experience the thrill of surviving in the midst of a zombie riot.

# 6 Outside the altcoin list, Bitcoin is the sixth giant with the latest big news: Senators and Congressmen are buying Bitcoin (BTC).

“Bitcoin was bought by Senator Toomey this afternoon. This is the first senator to buy crypto. “

In addition to Toomey, Alabama Congressman Barry Moore has bought a number of cryptocurrencies in the past few months, including Dogecoin, Ethereum, and Cardano:

In particular, Moore bought Ethereum on May 5, followed by three Cardano purchases on May 10, 11, and 13, before buying Dogecoin on June 13.

# 7 The next “sleeping giant” is Ethereum (ETH). Ethereum has added more than 5 million new unique addresses in the past 30 days.

“The world’s largest platform for smart contract development, Ethereum, added over 5 million unique addresses in just 30 days as this crypto asset continues to gain momentum ahead of the scheduled EIP upgrade-1559.”

According to KOL, this means that the Ethereum network added 173,235 new unique addresses on average every day.

#8th Avalanche (AVAX) is the next income management intelligence coin that has been expanded to include Avalanche.

“The DeFi Yield Protocol – or DYP for short – says the move means its advanced trading tools are ready to reach a wider range of users. Three of his products will initially be: DYP Farming, DYP Tools and DYP NFTs. “

According to Altcoin Daily, the numbers show that Avalanche can process more than 4,500 transactions per second and confirm all transactions instantly. This could help alleviate some of the scalability issues on the Ethereum chain, along with frequent congestion and sky-high fees.

“Avalanche ensures that developers familiar with Ethereum can quickly build on its infrastructure. That’s because the Solidity programming language works well. “

# 9 Last on the list is Binance (BNB). Popular artist Allen Iverson recently announced that he is partnering with Binance NFT to bring an NFT collection to market this summer.

HL

According to the AZCoin News

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