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Here are Micro Cap Altcoin Gems with 1000x Potential, according to Crypto KOL Josh Moden

In the recent video, analyst Josh Moden from CryptoBusy reveals their altcoin picks with 1000x potential growth.

here-are-micro-cap-altcoin-gems-with-1000x-potential-according-to-crypto-kol-josh-moden

The trader explains that the market with Bitcoin (BTC), Ethereum (ETH) and many more has been fairly volatile over the past few months. However, there are still plenty of growth left in this bull cycle that we are experiencing in 2021.

Polkamon (PMON)

The first altcoin on the list is Polkamon (PMON). They are beautifully animated digital collectibles with varying scarcities. Each Polkamon is backed by a truly unique NFT and can be unpacked with $PMON tokens.

“They have real potential. You can look at the hype of the community about this project Twitter”.

According to the trader, Polkamon has endless possibilities of utilization:

Physical collectibles cannot be accessed by modern art and games. However, as digital collectibles backed by non-fungible tokens, Polkamon can easily be integrated into many exciting blockchain-connected products”.

YFDAI.FINANCE (YF-DAI)

YFDai.Finance is the next project featured in the video. YFDAI is an entire permission less DeFi ecosystem that combines Staking & Farming services and soon, Lending/Borrowing services, SafePredict, and Insurance together with their own DEX called SafeSwap and their own LaunchPad where legitimate projects in the DeFi space can launch their new vetted projects with contract audits, locked liquidity and locked dev tokens in time release smart contracts.

“They aim to clean up the DeFi space by de-risking the purchase of new projects by performing due diligence vetting and requiring adherence to the same protocols that YFDAI itself adhered to on their launch”.

“They have a great team behind, great whitepaper, a clear roadmap with the plan to issue their own debit cards and launch e-commerce platform in Q2 2022, and a supportive community”, he adds.

STATERA (STA)

Statera (STA) is the third project on the list. Statera is a smart contract-powered Indexed Deflationary Token (IDT), which synergizes with a trustless and community-driven portfolio of class-leading cryptocurrencies.

Every trade for Statera creates an arbitrage opportunity, which increases volume across the entire Statera ecosystem resulting in higher fees paid to liquidity providers”.

Yet, the trader adds that the deflationary aspect of Statera inside these pools results in increased volumes as liquidity grows; the higher the volume, the higher the fees.

APY.Finance (APY)

The fourth coin on Moden’s radar is APY.Finance (APY). APY.Finance is smart contracts that continuously route your funds to a portfolio of the latest-and-greatest yield farming strategies.

“It brings the next generation of yield farming”, he notes.

“APY.Finance gives users a single place to deposit their liquidity. The platform handles all the heavy lifting of yield farming by pooling user liquidity and distributing the gas cost. This makes onboarding very simple and very cheap”.

Metaverse ETP (ETP)

The last altcoin in the video is Metaverse ETP (ETP).

Metaverse bills itself as a public open-sourced blockchain project that seeks to provide a foundational infrastructure for social and enterprise needs. Its goal is to construct a universe where digital assets (Metaverse Smart Token and Metaverse Identifiable Token) and digital identities (Avatar) underpin asset transactions with the help of a value intermediary (Oracle).

Digital assets or MSTs on the Metaverse virtual platform are trust-free, traceable and decentralized smart properties that can be freely registered, transferred, issued, deposited, used as collateral or burnt”, Medon says.

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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