After a long wait of Four years, Altcoins have started coming out from a major bearish trend. After Bitcoin, and Ethereum made all time high recently, now it’s time for other altcoins to record major growth in upcoming weeks. The Recent Gamestop Saga, and Doge Pump has invited new users to crypto, which will contribute to a major alt coins rally soon. As things are looking positive for Altcoins, It’s the perfect time to buy altcoins. And with this note, We are back with our most anticipated list of top ten altcoins to buy in February.
Itsblockchain has been a market leader in altcoin recommendations during 2016-17 run, our recommendations have generated massive amount of profits for investors in the past, and we are committed to repeat our glorious history.
Without waiting any longer, Here is the Part-1 of Top Ten altcoins you should buy in February 2021.
ZILLIQA(ZIL)
Coin Information
Current Price: 0.0078$
Market Cap: 852M$
Exchange: Binance, Binance.US, OKEx
What is Ziliqa?
According to Coinmarketcap, Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second. It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications, and as of October 2020, it also allows for staking and yield farming.
Technical Analysis
Signal
Entry Below 0.08$
Exit Above 0.125$
Stop Below 0.06$
SERUM(SRM)
Coin Information
Current Price: 2.87$
Market Cap: 143M$
Exchange: Binance, FTX, OKEx
What is Serum?
According to Coinmarketcap, Serum is the first DEX built on Solana. Solana is a web-scale blockchain that can potentially reach 710,000 transactions per second (tps). This is possible with a verifiable delay function called SHA 256 hash chain that enables Optimistic Concurrency Control. At present, it can handle around 50,000 tps, which is exponentially faster than Ethereum’s 15 tps.
Technical Analysis
Signal
Entry Below 3$
Exit Above 5$
Stop Below 2.2$
Injective Protocol(INJ)
Coin Information
Current Price: 10.9$
Market Cap: 165M$
Exchange: Binance, Uniswap, Bilaxy
What is Injective Protocol?
According to Coinmarketcap, Injective Protocol describes itself as the first layer-2 DEX that unlocks the full potential of decentralized derivatives and borderless DeFi.
The Injective Chain is implemented as a Cosmos SDK module, built with Ethermint (EVM on Tendermint). It utilizes a Tendermint-based Proof-of-Stake to facilitate cross chain derivatives trading across Cosmos, Ethereum, and many other layer-1 protocols. In addition, the protocol is collision resistant and utilizes Verifiable Delay Functions (VDFs) to prevent front-running.
Technical Analysis
Signal
Entry Below 11$
Exit Above 18$
Stop Below 9$
Band Protocol(BAND)
Coin Information
Current Price: 11.9$
Market Cap: 243M$
Exchange: Binance, Coinbase Pro
What is Band Protocol?
According to Coinmarketcap, Band Protocol is a cross-chain data oracle platform that is able to take real-world data and supply it to on-chain applications, while also connecting APIs to smart-contracts to facilitate the exchange of information between on-chain and off-chain data sources.
Technical Analysis
Signal
Entry Below 12$
Exit Above 18$
Stop Below 9$
Bancor(BNT)
Coin Information
Current Price: 2$
Market Cap: 237M$
Exchange: Binance, Coinbase Pro, Bancor Network
What is Bancor Protocol?
According to Coinmarketcap, Bancor is an on-chain liquidity protocol that enables automated, decentralized exchange on Ethereum and across blockchains. The protocol is made up of a series of smart contracts that are designed to pool liquidity and perform peer-to-contract trades in a single transaction with no counterparty. Users stake BNT in automated market makers in exchange for trading fees, BNT staking rewards and voting rights in the Bancor DAO. Bancor has processed more than $2 billion in trade volume across thousands of tokens, with millions in fees generated by stakers.
Technical Analysis
Signal
Entry Below 2$
Exit Above 4$
Stop Below 1.5$
Second part of the list has been released: https://itsblockchain.com/top-ten-altcoins-february-2/
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Disclaimer:
Altcoins listed in this article are based on the author’s research. Author is not holding any of these altcoins. Always do your own research before investing in any cryptocurrency.
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