Top 11 Must-Own Altcoins For Your Portfolio, According to Cheeky Crypto

The projects with the least amount of utility, less operability with other projects, are the ones that are probably going to fall. Cheeky Crypto, a Youtube Channel focus on cryptocurrency, has pointed out the top 11 must-own altcoins to put on your portfolio.

Most of these cryptos have solid teams, solid technology, and great use case that will bring huge profits to its owner.

Polkadot (DOT)

The first altcoin to mention on the list is a really strong project that a lot of people already know and talk about, Polkadot (DOT). Polkadot is an open-source sharded multichain protocol that connects and secures a network of specialized blockchains, facilitating the cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3.

Polkadot is ranked in the top 10, and DOT’s price is $28.1. There are going to be better opportunities to get into this one when to pullback happened.

DOT Chart | Source: Coinmarketcap

DOT Chart | Source: Coinmarketcap

Cardano (ADA)

The second altcoin on the list is Cardano (ADA). Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators, and visionaries” to bring about positive global change.

Cardano gets some unfair criticism but the tech that sat behind it is immense and has Start Launch on the mainnet. We will see some real FOMO so the price is expected to do really well. It’s an all-time high and the project’s in a much better place than it was back then from a fundamental point of view. This project is still undervalued.

ADA is changing hands at $1.37 and ranked number 6 by the market cap of around $46 billion.

ADA Chart | Source: Coinmarketcap

ADA Chart | Source: Coinmarketcap

ChainLink (LINK)

The third altcoin is ChainLink (LINK). Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events, and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.

This particular project is so integrated with so many projects, which is the first-mover advantage is key sort of in this sector of sort of bringing in real-world data into the blockchain and vice versa.

LINK’s price is $25.49 for now, ranking number 17 by market cap of nearly $12 billion.

LINK Chart | Source: Coinmarketcap

LINK Chart | Source: Coinmarketcap

Elrond (EGLD)

The next altcoin to mention is Elrond (EGLD). Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance, and the Internet of Things.

They’ve got a launchpad, a DEX exchange, which creates fantastic staking rewards and all that wonderful stuff.

EGLD is trading at $199.9 at press time and ranked number 41 by market cap.

EGLD Chart | Source: Coinmarketcap

EGLD Chart | Source: Coinmarketcap

VeChain (VET)

VeChain (VET) is the next altcoin that Cheeky Crypto mentioned on the list. VeChain aims to use distributed governance and Internet of Things (IoT) technologies to create an ecosystem that solves major data hurdles for multiple global industries from medical to energy, food & beverage to sustainability and SDG goals.

They have VUSD which is going to bring DeFi applications or the dApps to the protocol. The POA upgrade to make it more scalable, more secure, and all that wonderful stuff is a really solid project.

VET is changing hands at $0.07 and ranks number 33 with a market cap of over $5 billion.

vet Chart | Source: Coinmarketcap

VET Chart | Source: Coinmarketcap

Harmony (ONE)

The next project to mention is Harmony (ONE). Harmony is a blockchain platform designed to facilitate the creation and use of DApps. The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.

The team is doing at the moment obviously around the DAOs. They’re going to be really big in 2022 because they’re focusing on bridging all chains.

ONE’s price is $0.33 and ranks number 43 by a market cap of nearly $4 billion.

ONE Chart | Source: Coinmarketcap

ONE Chart | Source: Coinmarketcap

SingularityDAO (SDAO)

SingularityDAO (SDAO) is the next project to mention. SingularityDAO brings the sophisticated risk-management strategies of AI-managed funds to DeFi, using SingularityNET’s superior AI technology. The DAO allows users to vote on proposals using liquid democracy, also known as delegative democracy.

This project has a solid team solid tech great use case. They’ve got a launchpad and users can do yield farming, staking, and all that wonderful stuff. That’s why SDAO is going to be big in the future.

SDAO is changing hands at $1.3 and ranks number 673 with a tiny market cap of over $38 million.

SDAO Chart | Source: Coinmarketcap

SDAO Chart | Source: Coinmarketcap

PolySwarm (NCT)

The next altcoin on the list is PolySwarm (NCT). PolySwarm (NCT) is a cybersecurity company that helps users, enterprises and corporate security teams detect and gather intelligence on new and emerging malware. PolySwarm crowdsources competing for security software from antivirus companies and specialized security experts to expand large enterprises’ coverage and protection against cyber threats.

NCT is trading at $0.09 and the market cap is nearly $150 million, which helps NCT rank number 350.

NCT Chart | Source: Coinmarketcap

NCT Chart | Source: Coinmarketcap

Near Protocol (NEAR)

The next altcoin to mention is Near Protocol (NEAR). NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput, and poor interoperability.

NEAR is trading at $19.55 and ranks number 16 by a market cap of over $12 billion.

NEAR Chart | Source: Coinmarketcap

NEAR Chart | Source: Coinmarketcap

NuNet (NTX)

NuNet (NTX) is the next altcoin to mention. NuNet’s interoperability framework will enable the efficient distribution of diverse computational processes across a distributed and scalable network of individually owned hardware devices, IoT infrastructures, and data centers.

NuNet lets anybody share and monetizes their computing resources at scale to provide globally distributed optimized computing power for decentralized networks. Its data isn’t quite accurate but it’s going to be changed and updated.

NTX is changing hands at $0.08 and ranks number 4219 by the tiny market cap of $4.7 million.

NTX Chart | Source: Coinmarketcap

NTX Chart | Source: Coinmarketcap

MultiVAC (MTV)

The last altcoin on the list is MultiVAC (MTV). MultiVAC is the innovative sharding killer and pioneering flexible computing framework.

MTV has done massive growth with the price of $0.01, which is up 23% and the market cap is over $38 million, which helps MTV rank number 672.

MTV Chart | Source: Coinmarketcap

MTV Chart | Source: Coinmarketcap

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