<

Analyst advises on buying the dips of these 3 undervalued altcoins

Popular crypto channel K Crypto shares with their subscribers 3 altcoins they are accumulating during the current dip for massive gains.

Boba Network (BOBA)

First on the trader’s list is Boba Network, an L2 Ethereum scaling and augmenting solution built by the Enya team as core contributors to the OMG Foundation.

“Boba is a next-generation Ethereum Layer 2 Optimistic Rollup scaling solution that reduces gas fees, improves transaction throughput, and extends the capabilities of smart contracts.”

Besides, Boba claims to present a unique upgrade compared to what other solutions are offering for fund withdrawals. While other L2 layers present withdrawal periods of seven days, Boba allows users to withdraw funds on L2 in a matter of minutes.

According to the trader, Boba Network has quickly jumped to second place in TVL among all expansion layers, reaching more than $1 billion in TVL, surpassing Optimism.

“This is likely due to the profitable percentages offered by its first decentralized exchange, Oolongswap, which offers yields of over 1,000%.”

GameX (GMX)

The second altcoin on the list is GameX (GMX),  a decentralized community project founded by gamers around the world that aims to help all the gaming community to have lower participating fees and more rewarding winnings.

“Listening to the players is what makes a good project sustainable.”

The crypto KOL also shares that GAMEX is working on developing a gaming academy where everyone has the chance to get exposure in the esports world by building the first GAMEX team across many esports games.

Premia (PREMIA)

Last on the trader’s list is Premia (PREMIA), a decentralized token that aims to be the next generation options automated market maker provider and metavaults.

“Premia facilitates the buying and selling of options, allowing users to earn market yield on DeFi assets and offers protection to users through the hedging of risks.”

In addition, K Crypto shares that Premia also features market-sensitive pricing to allow for fair pricing based on supply and demand.

“It  uses a continuous on-chain reinforcement learning algorithm to achieve crowd-sourced pricing, so that it can hit the target market price and liquidity utilization rate.”

Sign up for a Binance account here (Discount 10% trading fees): https://accounts.binance.com/en/register?ref=29171587

Read more:

You might also like