Here Are Newly Listed Projects on Coinbase With Huge Upside Potential, Says Ben Armstrong
High-profile Ben Armstrong from Bitboy crypto shares with his subscribers newly-listed projects on Coinbase with massive potential that traders should add in their portfilios.
“Getting listed on Coinbase used to be a badge of honor in crypto. It meant your project met the rigorous standards of the Coinbase team.”
First on the list is IoTex (IOTX). It describes itself as world’s leading privacy-centric blockchain platform for the Internet of Things (IoT). Using real world data to make blockchain dApps, according to the tradres, the IoTeX ecosystem is not just DeFi and NFTs. It has got real world data collectors called Pebbles.
“They’re used to track assets in the real world via GPS as well as collect data such as light levels, motion sensoring and climate data. IoTeX also has their own blockchain secure security cameras called Ucams.”
Armstrong higlights that the focus on real world data oracles along with blockchain tech could have huge upside in the future, and the big money sees the potential of IoTeX. He aslo points out that is the reason why the team has seen more VC money flow in from every corner of the globe, including money from big blockchain investors like Kinetic Capital and Neo Global Capital.
“The great part about IoTeX is that it’s already a cross-chain token. It started on Ethereum but has since integrated with Binance Smart Chain.”
At the time of the video, IOTX was trading at $0.07. The analyst expects to see IoTeX appreciate by over 500% or more this cycle.
Next on the list is Cartesi. The project is solving the urgent problem of scalability and high fees on blockchains by implementing a variant of optimistic roll-ups.
The trader says that he was surprised at how many people did not know Cartesi was on Coinbase. He also highlights that not only is the tech and team at Cartesi incredible, but its token price is still “dirt cheap” at $0.75 per token.
“It could still see some big price movements during the rest of this bull run. Cartesi isn’t just a coin to make gains on during bull markets. It’s got the chops to be a long-term hold.”
The crypto KOL suggest its potential for becoming a major player in the gaming and metaverse industries in blockchain.
“Cartesi is special because it uses Linux, which is the boardwalk to blockchain Santa Monica Pier. It’s the common ground that anyone can walk on to play their favorite games or get their best funnel cakes. Its multichain goodness on BSC and Polygon makes its upside more likely.”
Alchemy Pay (ACH)
Third on the list is Alchemy Pay (ACH). Alchemy Pay is the pioneer of the world’s first payment gateway solution to bridge the gap between fiat and crypto economies.
In addition to crypto payments, Alchemy Pay enables seamless and easy access to crypto investment, blockchain solutions, and DeFi services configured as required to serve sophisticated veterans as well as those new to cryptocurrencies and blockchain technology.
Armstrong notes that it is one of the few projects this year that did see a huge Coinbase bump when it was listed. In particular, ACH went all the way from half a penny to 0.15, a parabolic rise of over 1100%. Since then, the project has shown the ability to pump even when the market is choppy.
In addition, Alchemy has a growing list of partnerships in the Hong Kong and Singapore regions, but its real claim to fame is its new partnership with Shopify and its status as the fiat-to-crypto on-ramp for Binance.
Harvest Finance (FARM)
Last on the list is Harvest Finance (FARM). Harvest is described to automatically farm the highest yield available from the newest DeFi protocols, and optimizes the yields that are received using the latest farming techniques.
“Harvest is a DeFi protocol that works on Ethereum and Polygon. It offers your standard yield farming but with its own special twist of offering yield vaults from almost every DeFi protocol around on Ethereum including Curve, Compound, Balancer and dozens more. This gives Harvest users the ability to access some of the most stable yield returns in DeFi and also some of the most volatile.”
The trader also says that tt’s not uncommon to see high-risk yield farms on Harvest have an APY of 63% or more.
At the time of the video, FARM was trading at $200. The analyst expects its price to easily twice that much.
“But if you look at its market cap compared to other DeFi projects like THORChain, you can see Harvest’s potential for big gains. If Harvest were to see a market cap increase close to what the RUNE token is, one FARM would be worth $4100. That’s a sweet gain of 18X.”