What to buy right now. Top 5 cryptocurrencies from the expert

John Belford, financial analyst at cryptocurrency exchange Exchanger24, named promising altcoins and explained why they may rise in price
What to buy right now. Top 5 cryptocurrencies from the expert

Matic

After attracting investments from such giant as Sequoia Capital, the Polygon project (MATIC) has given up a bit. Probably, this is due to the fact that the company is trying hard to avoid possible market manipulation of the token, because losing the trust of such an investor is like death.

Cardano

According to analytical services, large investors are actively accumulating Cardano token in the long term. The value of the token during the correction broke through an important support level around $1 and is now trading around $0.82-0.85.

1Inch

1Inch is an important link between DEX, which helps the DeFi sector grow. At the same time, the dynamics of the token’s value remain very subdued for a long time. The project has also received a large investment of $175 million.

Litecoin

Litecoin is one of the first cryptocurrencies and one of the most decentralized, almost as good as bitcoin. By the way, it even surpasses it in many indicators. For example, in throughput, speed and cheapness of transactions.

GameFi and Metaverse

I will highlight a few projects at once. The Sandbox, Decentraland, and Axie Infinity are all popular metaworlds and GameFi, which could see decent growth as the market recovers. AXS is down 75% since November, SAND and MANA are down 70%.

Latest news:

U.S. imposes sanctions on hackers who stole $620 million worth of Ethereum

Opera adds support for eight major blockchain ecosystems

“Cryptocurrency will become a refuge from inflation.” Why bitcoin has risen in price

The post was written by Crypto Expert John Belford

Partners