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Analyst reveals 3 low cap BSC altcoin gems as Binance Chain is exploding

In the recent video, famous crypto KOL Lark Davis reveals 3 low-cap Binance Smart Chain (BSC) altcoins that are poised to disrupt the market.

“Binance Smart Chain is going crazy. It’s unsurprising because the fees are so low and the speeds are so fast. This is the kind of experience users want”.

analyst-reveals-3-low-cap-bsc-altcoin-gems-as-binance-chain-is-exploding

Pancakeswap (CAKE)

Out of the doubt, the first BSC altcoin is Pancakeswap (CAKE). The coin has recently eclipsed Ethereum network in 24-hour transactions.

The trader cites a data courtesy of DappRadar which shows that over 2 million transactions for PancakeSwap compared with 1.55 million for Ethereum. At the same time, Binance Smart Chain reported over 6 million transactions, with roughly 20% of them occurring over the same 24-hour stretch.

“Even Binance Smart Chain is starting to feel the pressure of having so many users coming onto their platform. Binance Smart Chain hits an all-time high of 8.1 million transactions yesterday. That is of course a lot more than 1.5 million transactions that Ethereum did”, Davis says.

The trader also expects to see this coin move up the charts and become a more and more prominent decentralized exchange.

Refinable (FINE)

Next on the list is Refinanble (FINE). As the first major NFT hub on Binance Smart Chain, Refinable is the definitive platform to create, discover, trade, and leverage any digital content on the blockchain.

“NFTs are not even close to being done with. This is going to be a major part of verifiable digital ownership for art and in-game items and of course, the use cases for NFTs absolutely stretch out to do all kinds of crazy stuff from creator tokens to patents”, he emphasizes.

Recently, the project has announced an interesting partnership with LABS Group and Ethernity.

Smoothy (SMTY)

Smoothy (SMTY) is the next altcoin on the list.

SMTY is the governance token of Smoothy.finance, which is used for decentralized governance of future projects and asset liquidity incentives. Smoothy is a novel single pool liquidity protocol specialized in same backed assets with low-cost zero-slippage swapping and maximum interest earning.

“What smoothie allows you to do is to be able to swap with zero slippage between different dollar coins. If you want to for example swap some Binance US dollars to some USD Tether, well you can do that with no slippage now. This is very very important!”.

The trader emphasizes that this coin has many potentials as these key pieces of infrastructure allow decentralized finance to work in a “smooth fashion” for people. In other words, it allows a good user experience where user are not getting crushed on fees.

Disclaimer: Opinions expressed at AZCoin News are not investment advice. Investors should do their due diligence before making any high-risk investments in cryptocurrencies. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. AZCoin News does not recommend the buying or selling of any cryptocurrencies.

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