Best cryptocurrency projects with massive potential in April 2021, says Altcoin Daily
In the recent video, Altcoin Daily shares with their 630K subscribers the best cryptocurrency projects to add to their portfolio in April 20201.
The #1 project featured on the list is Bondly Finance (BONDLY).
Launched on Polkadot (DOT) in September 2020, the Bondly protocol offers an ecosystem of decentralized products that enable anyone to execute digital payments between peers. Bondly can also be communicated through any messaging service or social media platform.
“Tekashi 6ix9ine is set to launch two NFT collectible art pieces this week. 6ix9ine has teamed up with tech company and NFT marketplace Bondly for the venture”.
The trader adds that “if you’re bullish on NFTs in the short to mid-term, surely you’re bullish on Bondly”.
The #2 project is from RedFox Labs in which they have recently announced that they will be listing with Bittrex to expand even further into global markets.
Coming at #3 is Refinable (FINE)- BSC’s first NFT marketplace.
Refinable is the first all-in-one NFT marketplace launching on Binance Smart Chain, creating a platform to empower creators, buyers, sellers, and decentralized applications.
The analyst then further explains that with issues faced by many current NFT hubs, such as extremely high minting costs and gas fees, Refinable sought to make a platform that removes all of these disadvantages holding NFT growth back.
Although the token has not out yet, Altcoin Daily proposes that this coin is poised to explode and attract lots of attention in the NFT market.
#4 coin is Yearn Finance (YFI), a blue-chip in the DeFi space, as the it has passed 2.5 billion in total value locked.
“The fact that total value locked is getting this big shows that they are in trust is increasing in this DeFi protocol. And trust is so important in any cryptocurrency as most DeFivprojects, most cryptocurrencies don’t have it”, the trader says.
Uniswap (UNI) is the #5 coin on the Altcoin Daily’s radar. The crypto channel cites a tweet saying that Uni’s Exchange Inflow Volume (7d MA) just reached a 1-month low of $749,993.43.
“Each time the inflow volume has reached an all-time low, not every time but it seems very often the price shoots up”, the analyst points out.
Coming at #6 and #7 is Polkadot (DOT) and Kusama (KSM) as Tether, the largest stablecoin which is primarily on Ethereum, is slated to become the first stablecoin on Polkadot after launching on “canary network” Kusama.
Standing at #8 is Polygon project, the primo scaling layer-two solutions for Ethereum.
“You can see value locked for Polygon is increasing, and that is one metric where if that is increasing it’s bullish”.
Ethernity is the next #9 potential project. Ethernity is a unique auction marketplace that has helped push NFTs into public awareness. They offer collectible digital trading cards across a variety of areas including soccer, music, film, and more, as well as limited edition pieces of art.
“Ethernity, the NFT marketplace, is launching its new platform on April 12th, and to mark this momentous occasion they are conducting a first-of-its-kind NFT Drop. According to Ethernity, this marks an ode to creators, crypto, memes, NFTs, and the very internet itself”, the trader says.
Ethereum, as the matter, is also on the list (#10). Altcoin Daily then cites interesting news of a couple getting married on the Ethereum blockchain for $587 in transaction fees.
Most people get married in a place of religious worship, on a beach, or in the mountains. Peter (@_iphelix) and I are NOT most people. We got married on the #blockchain. 1/7 pic.twitter.com/2ExexrlLbZ
— Rebecca Rose (@rgoldilox) April 2, 2021
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