Top 3 Altcoins Worth Buying This April 2022, According to Cheeky Crypto
The entire market has been green over the last few days. But traders are still wondering which altcoins to hold and which to eliminate from their portfolio.
Understanding that, Chris, the host of Cheeky Crypto, a Youtube Channel that focuses on cryptocurrency, has highlighted the top 3 altcoins that are worth buying this April 2022.
Boba Network (BOBA)
The first altcoin on the list is Boba Network (BOBA). Boba is a layer 2 Ethereum scaling & augmenting solution built by the Enya team as core contributors to the OMG Foundation. Boba is a next-generation Ethereum Layer 2 Optimistic Rollup scaling solution that reduces gas fees, improves transaction throughput, and extends the capabilities of smart contracts.
It’s secured by Ethereum, so we can expect many projects to start building on this particular project. There are many things going on and different projects to start building on this platform. They’ve got NFT bridging. Therefore, a few NFT projects start popping up on Boba.
This is an interesting and great project, so Boba Network is the first altcoin Chris mentioned on his list. BOBA is trading at $1.44 and ranking number 195 by market cap.
BOBA Chart | Source: Coinmarketcap
Near Protocol (NEAR)
The next one mentioned on the list 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. This provides the ideal environment for DApps and creates a developer and user-friendly platform.
It’s great for multi-chain, scaling, and ultimately. It is expected to have more and more projects to build on its protocol. This project is doing really well. NEAR is trading at $15.51 and ranking number 18.
NEAR Chart | Source: Coinmarketcap
SKALE Network (SKL)
The last altcoin mentioned on the list is SKALE Network (SKL). SKALE is described as an elastic network designed to bring scalability to Ethereum. As well as boosting transaction capacity, the decentralized project aims to reduce latency and ensure that payments can be made as cheaply as possible.
It’s an Etherium native multi-chain fully decentralized with no gas and no gas fees. They’ve got 150 plus nodes with over 45 validators, so it’s a really interesting project. It is expected to have a lot of projects to build on this particular protocol. SKL is changing hands at $0.17 and ranking number 108 by market cap.
SKL Chart | Source: Coinmarketcap