We’ve seen a little bit of a rise in the market, which is good. However, there are still some coins down low. This is a great opportunity to pick up some coins that have great potential.
Therefore, in the latest video, CryptoBusy, a famous Youtube Channel focused on crypto, has revealed the best altcoins that traders should buy before they explode. While everybody focuses on Bitcoin, it’s a good idea to research some altcoins that have fantastic potential to make your life-changing gains.
Mirror Protocol (MIR)
The first altcoin mentioned on the list is Mirror Protocol (MIR). MIR is the governance token of Mirror Protocol, a synthetic assets protocol built by Terraform Labs (TFL) on the Terra blockchain.
It’s on the Terra (LUNA) blockchain itself. Terra has been doing a lot of amazing stuff. They’ve been tearing up the markets. They’ve bought billions of dollars of bitcoin for their stablecoin. They’re looking into specific industries performing well and have a good track record.
There is a lot of downside pressure, but MIR can go back up to its highs again. There is a lot of volatility going forward, and most of this depends on what’s happening with Bitcoin’s price.
When the Bitcoin can hit $50,000, whether it can go to $100,000, this year is the time that people are betting Bitcoin on hitting $100,000. And if that does happen, this altcoin can go back to its all-time highs. It is a good time to get into MIR, especially around the $1 range.
Zilliqa (ZIL)
The next one on the list is Zilliqa (ZIL). Zilliqa is a public, permissionless blockchain designed to offer high throughput with the ability to complete thousands of transactions per second. It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications, and it also allows for staking and yield farming.
They’re going to involve in the metaverse. That is huge news for Zilliqa. The more we’re going to see the development of this blockchain implemented as well, that is ready for it going forward. That’s why they are doing parabolic moves here.
It is a great idea to get into it because of the team behind it and the developments with the Zilliqa blockchain, and going into the metaverse is a huge thing for this project.
Utrust (UTK)
The last one mentioned on the list is Utrust (UTK). Utrust (UTK) was designed to solve the problems resulting in the low usability of cryptocurrency as a means of payment, particularly the underdeveloped transactional security of payment platforms and relatively high fees.
Utrust is a massive thing because it tries to solve many issues when implementing crypto in the real world. Utrust has a lot of partners around the world in different industries.
Real estate onto the blockchain would be a massive move forward for crypto and its adoption. It was one of the most used smart contracts. Utrust will be one of those altcoins that pump out of nowhere. That’s why UTK takes third place on the list.