The last month was decisive for the entire crypto market, there was a lot of fear among the investors because of uncertainties around the next move of Bitcoin. But Like always, Bitcoin survived the death again and jumped on from 18,000$ support making hopes alive for long-term investors. Last Month, Matic, and Ethereum also recorded over 100% rally from their cycle lows.
Itsblockchain has always been a market leader in altcoin recommendations, Our recommendations have generated a massive amount of profits for investors in the past. We released a list of top altcoins to buy last month, which became a great success. Each and every top altcoin mentioned in the curated list hit targets and brought an average of 60% profits to investors.
Now we have already headed to a new month, and since we have no FED Meeting next month It’s high time to look at those altcoins which have higher potential to bring great profits to investors.
ImmutableX[IMX]
According to Coinmarketcap:
Immutable X positions itself as the first layer-two scaling solution for NFTs on Ethereum. According to Immutable X, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security. To achieve that, Immutable X is built with STARK zk-rollups, a technology that Vitalik Buterin considers Ethereum to be “all-in on.”
Technical Analysis
Woo Network[WOO]
According to CoinMarketCap:
WOO Network is a deep liquidity network connecting traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity and trading execution at lower or zero cost. WOO Token is used in the network’s CeFi and DeFi products for staking and fee discounts.
Technical Analysis
DYDX Echange [DYDX]
According to Coinmarketcap:
DYDX (dYdX) is the governance token for the layer 2 protocol of the eponymous non-custodial decentralized cryptocurrency exchange. It serves to facilitate the operation of layer 2 and allows traders, liquidity providers and partners to contribute to the definition of the protocol’s future as a community.
Token holders are granted the right to propose changes on the dYdX’s layer 2, and are presented with an opportunity to profit through token staking and trading fee discounts.
Technical Analysis
Frax Share[FXS]
According to Coinmarketcap:
The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross-chain implementations in the future). The end goal of the Frax protocol is to provide highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC.
Technical Analysis
Oasis Network[ROSE]
According to Coinmarketcap:
Oasis is the leading privacy-enabled and scalable layer-1 blockchain network and combines high throughput and low gas fees with secure architecture to provide a next-generation foundation for Web3 and power DeFi, GameFi, NFTs, Metaverse, Data tokenization and Data DAOs. Oasis will propel web3 forward, scaling it and evolving it from infancy to maturity.
Technical Analysis
The second Part of this list of best altcoins to buy will be released soon.
Watch this video to understand these recommendations in detail.
Disclaimer:
Altcoins listed in this article are based on the author’s research. The author is not holding any of these altcoins. Always do your own research before investing in any cryptocurrency.
Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.
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