Top trader Randall Trzaska from CryptoLove shares with his subscribers the top 10 altcoins with explosive and mooning factors for the month of August 2021.
Crypto strategist Randall Trzaska compile the list of top 10 altcoins by using the algorithm and bullish rating prediction mechanism on Tokenmetrics.com
#1 The first altcoin on the trader list is the NFT project Illuvium (ILV). Illuvium is an open-world fantasy battle game built on the Ethereum blockchain. Often touted as the first AAA game on Ethereum, Illuvium looks to provide a source of entertainment to both casual gamers and hardcore DeFi fans through a range of collecting and trading features.
#2 Next on the list is Strongblock (STRONG), the first DeFi protocol that will reward the blockchain node for its performance.
“StrongBlock is the first project focusing on the rewarding of nodes. This is an innovative approach that will motivate the nodes to perform better. The rating mechanism will also help in determining which node is performing well. ”
The trader points out that the monetary benefit of STRONG will attract more nodes, which will help in building a fast, reliable, and resilient DeFi network.
#3 & #4 Ranked at third and fourth place on the trader list is DFi. Money (YFII), a fork of popular decentralized finance aggregator platform yearn.finance, and Revomon (REVO), an all-in-one mobile application designed to house an exhaustive bouquet of easy-to-use DeFi services and NFT marketplace.
#5 Punk-basic (PUNK-BASIC), a single vault token, which is backed 1:1 by any CryptoPunks NFT is the next altcoin on the trader’s mooning list.
Because this vault allows any CryptoPunk to be deposited as collateral, it acts as a floor price tracker for Ethereum’s original digital collectibles.
#6 The next altcoin is LEO token of Bitfinex DEX. The cryptocurrency allows Bitfinex users to save money on trading fees.
“The extent of the discount depends on how much LEO that the customer has in their account and the savings on offer are spread across three tiers. There are fluctuations depending on whether a trading pair is crypto-to-crypto, or crypto-to stablecoin.”
#7, #8, #9 The next 3 altcoins on the crypto KOL list are Bao.Finance (BAO), Lattice (LTX), and Axie Infinity (AXS)
#10 The last coin is Tomochain (TOMO), a project that attempts to improve the scalability of the Ethereum (ETH) blockchain. This is primarily done via increasing its transactions per second (TPS) capacity.
“TomoChain’s solution is to offer smart contract scalability, a task that requires solving how the blockchain can handle a higher number of transactions per second, exponentially increasing the utility of the smart contracts for real-world use cases and applications.”
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