High-profile crypto KOL Austin Arnold unveils top 5 low cap altcoins with strong fundamentals to grow massively and reach a market cap of 5 million dollars in 2022.
Mina Protocol (MINA)
Mina Protocol is a minimal “succinct blockchain” built to curtail computational requirements in order to run DApps more efficiently.
Pitched as the “world’s smallest blockchain,” the Mina Protocol weighs in at just a few kilobytes compared to Ethereum’s 300-gigabyte blockchain. This means that syncing the Mina network is also much easier for the average user; instead of hefty hardware demands, you can run a full Mina node from your smartphone.
Recently, the protocol has announced its integration with the popular Ethereum scaling solution Polygon. In particular, developers can now build applications on Polygon using Mina’s recursive zk-SNARK-enabled applications, or “Snapps.”
The trader breaks down the jargon and explains that by using zero-knowledge proofs, these types of applications can keep certain features hidden from different parties.
Burnt Finance (BURNT)
Burnt Finance is a fully decentralized NFT auction protocol built on Solana. Burnt Finance is a DeFi protocol that enables anyone to mint a diverse array of synthetics and NFTs while also providing them with an unparalleled auction platform.
According to the crypto KOL, its testnet called Spark is about to be released with over 37,000 people have joined the waitlist.
“The testnet will provide users with the first-ever look at the Burnt Finance platform, which currently stands as the first fully decentralized NFT auction protocol built on Solana. Anyone will be able to mint new NFTs, purchase assets and set up a wide array of auctions with the lowest fees,”
Energi (NRG)
Energi (NRG) is a next-generation Proof of Stake (PoS) cryptocurrency. Based on the well-established Uniswap protocol, Energiswap utilizes the full power of the energy blockchain to deliver a decentralized exchange that is unparalleled in terms of fees stability and security.
Today, the platform just announced the launch of Energi Bridge on its mainnet. According to the trader, this is a huge step for their growing DeFi ecosystem and will be a major on-ramp for new users and capital to Energi and EnergiSwap.
XCAD Network (XCAD)
XCAD is a social token on the Zilliqa blockchain. Recently, this YouTube-focused content platform for creators and their fans has announced that it has secured prominent investment from globally-recognized YouTubers, Mr. Beast and KSI.
“With major YouTubers and influencers backing the Xcad Network, the next generation of content creators will be able to monetize their content and mint their own NFTs, whilst being rewarded for engagement and viewing of content.”
Analyst Arnold also adds that the Xcad Network sees KSI’s and Mr Beast’s involvement as a huge endorsement of Xcad’s ambition and potential to drive the adoption of cryptocurrencies and tokenization on a more global scale.
Ecomi (OMI)
ECOMI is a Singapore-based technology company in digitible collectible space. The company has created VeVe, a blockchain-based digital collectibles marketplace, for users to buy and share their collectibles across the social network service.
In celebration of Marvel’s birthday, Marvel Entertainment and VeVe Digital Collectibles App close out “Marvel Month” with the release of two more premium digital collectible releases.
The trader highlights that while other cryptocurrencies are still only hoping for adoption and awareness, Ecomi with Veve has already formed partnerships with some huge brands including Warner Brothers, Capcom, and DC Comics. Some of their most popular collectibles to date have come out of their Ghostbusters, Batman, Ultraman, and Harley Quinn drops.
“Once you get the brands, you have a very good chance of getting these brands audiences as well.”