Top 5 #altcoins to buy in Dip!
I saw following 5 Altcoin as top 5 for this Bull Run, in Coin telegraph YouTube Channel.
1. Ethereum $ETH
Ethereum bull run this time will be unique, as it is the first BullRun after it changed to Proof-of-Stake system. Amount of stake eth reached all time high. Even without ETF, Eth can reach 10k in the end of the year.
2. Optimism $OP
Ethereum still has many drawbacks such as high gas fees and transaction speed, and that's why L2 also bullish. Optimism is already blue chip L2 Tokens. It grantees faster and cheaper transactions while maintaining high security of Ethereum . Optimism protocol is govern by a #DAO called Optimism Collective and OP tokens is used for governance there. Optimism currently support hundreds of decentralized apps. Optimism is building the Superchain project , which is going to connect many L2s that share same dev stack, bridging, communication and security.
3. Uniswap UNI
Launch in 2018, Uniswap operates on the Ethereum blockchain. Uniswap has solid track record for security . It has never been hacked. The Uniswap foundation recently introduced a proposal which protocol fees will be distributed among holders of the staked $UNI token. Fourth version of Uniswap, are going to release in Q3 , which could be an additional bullish catalyst.
Uniswap do not need KYC for users now
4. Solana $SOL
The prominent Ethereum competititor is Solana, though there are other L1s starting up. Solana was also a rising star of last bull market. Solana price collapse because of FTX issue, where FTX is the second largest holder of the token. Then rising by about 500% in the last year.
5. SingularityNET $AGIX
SingularityNET is the platform aim at democratizing access to AI services. Developer can publish AI on their Blockchain making available to anyone. $AGIX is currency to pay for those services. It currently partnered with Cardano ADA.
These are interesting narrative and they also gave alternatives, such as ARB and MATIC for L2, Sushi and curve as DEX , ADA and ATOM for L1 and, Graph and IOTX