The best altcoins to buy right now
Several altcoins worth paying attention to are highlighted by Shuijie:
Jupiter (JUP):
Overview: A decentralized exchange (DEX) aggregator based on the Solana blockchain.
Advantages: Aggregates data from multiple exchanges to provide the best token prices, and a user-friendly interface simplifies the onboarding process for new users.
Market performance: Huge trading volume, reaching $47 billion and $35 billion in March and April, respectively. Trading offers up to 100x leverage, and the staking reward model incentivizes project governance participation.
Future plans: Enter the foreign exchange and stock markets to further enhance market position.
Aerodrome (AERO):
Overview: A DEX running on the CB ecosystem.
Advantages: Relying on CB's large user base and the upcoming smart wallet. The total locked value (TVL) is about $700 million and the market value is about $500 million.
Market potential: As more CB users participate in the CB ecosystem, the Aero token may appreciate significantly.
SubSquid (SQD):
Overview: Blockchain indexing solution, supporting more than 100 networks, used by more than 5,000 dApps.
Advantages: Provides fast and cost-effective access to on-chain data, with a total token supply of 1.34 billion and a market capitalization of approximately $21 million.
Market Position: Compared with The Graph (GRT) with a market capitalization of $3 billion, it has huge room for growth.
Oasis Network (ROSE):
Overview: A layer 1 blockchain focused on privacy and scalability.
Advantages: Unique two-layer architecture suitable for financial, artificial intelligence (AI) and metaverse applications. Strong ecosystem fund, rebranding emphasizes decentralized artificial intelligence.
Market Potential: Partnering with OP to attract institutional users, with a market capitalization of approximately $600 million.
Fantom (FTM):
Overview: A Layer-1 blockchain designed to challenge Ethereum.
Advantages: Upcoming Sonic upgrade, significantly improving transaction speed and efficiency. Technical improvements and rebranding attract investor attention.
Market performance: The team has already purchased a large number of positions and is actively paying attention to its future development.
Please keep in mind the high risk of cryptocurrency investment and the importance of thorough research.
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