Potential altcoins worth paying attention to at present
REEF
Last week, Reef had a lot of good news. First, they found an engineer who specialized in developing DAO protocols to join the team. Second, the Reef team met with the business head of a CeFi and DeFi aggregator that has nothing to do with blockchain. In addition, they also discussed the listing of $REEF with a centralized exchange (CEX), and contacted a CEX that already supports Reef to discuss whether the Reef chain can be integrated.
Reef has also talked to a popular wallet application team about how to link Reef into their application. At the same time, they are also communicating with several fiat currency entry providers to discuss how to integrate, including fees, scheduling and liquidity issues. In addition, Reef has signed an agreement with a game development company, promising to sponsor and attend blockchain events in Europe in the first quarter of 2025.
Currently, the price of Reef is around $0.002, with strong support. If everything goes well, the target may rise to $0.0033 in the short term. Technical indicators show that the overall market sentiment is bullish, and the price is expected to rise by 226.85%, and may reach $0.007876 by mid-October. However, this depends on the trend of the entire market, especially the stability of Bitcoin.
OSMO
Osmosis has launched a new feature called Polaris, which aims to solve the fragmentation problem of decentralized finance (DeFi) caused by the increasing number of blockchains. As the crypto space grows, users need to manage multiple wallets and handle complex transactions on different networks. Polaris aims to simplify these operations and provide a smoother experience for DeFi users.
Currently, Osmosis’ technical analysis shows a neutral sentiment, with 18 indicators showing a positive outlook. In the short term, Osmosis’ price is expected to be between $0.421898 and $0.587368. If it reaches the upper limit, it will increase by 39.22% by September 23, 2024.
LINK
Chainlink is a decentralized platform that connects smart contracts to external data sources through a network of nodes. This means that smart contracts can interact with real-world data (such as payments or service bookings) while remaining secure and reliable.
In addition to real-time data integration, Chainlink also supports off-chain computation and cross-chain interoperability, making it available to dApps that require external data. Chainlink’s native cryptocurrency LINK is used to pay and compensate nodes that provide off-chain data and services.
