Top 3 Huge Potential Altcoins That Are Set To Explode, According to Conor Kenny

The market is looking a little bit shaky, certain things are happening, and what should we do? Buying or selling?

To answer these questions, Conor Kenny, a Youtube Channel focused on cryptocurrency, has listed out the top 3 altcoins that are set to explode with huge potential.

Cronos (CRO)

The first altcoin on the list is Cronos (CRO). Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading, and financial services company.

Cronos Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data, and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.

This project is becoming one of the biggest ecosystems. They have billion dollars of total value locked and they’ve got DEXes, NFTs, infrastructure partners, wallets, oracles, gaming, lending, yield optimizers, launch pads, cross-chain bridges, basically anything. There are so many opportunities within this ecosystem. That’s why Cronos takes first place on Kenny’s list. 

FTX Token (FTT)

The second altcoin that Kenny mentioned on the list is FTX Token (FTT). FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019.

The team behind FTX comprises some of the largest crypto traders over the past few years who, having found issues with most mainstream crypto futures exchanges, decided to launch their own platform. FTX claims that it stands out due to such features as clawback prevention, a centralized collateral pool, and universal stablecoin settlement.

They’ve got huge partnerships and massive amounts of people actually using the platform. There’s a potential for a 2x here just to catch up with Crypto.com. 

Render Token (RNDR)

The last one to mention is Render Token (RNDR). RNDR is an ERC-20 utility token used by artists on the network to exchange for GPU compute power from GPU providers (node operators). RNDR utilizes a combination manual and automatic proof of work system, or in this case proof of render, in order to verify all art has been successfully rendered prior to payment disbursal and art release.

Utilizing the inherent security properties of the Ethereum blockchain, proprietary assets are hashed upon upload and sent to nodes piecemeal for rendering. All RNDR payments are stored in escrow during rendering and are released to node operators upon manual verification by the commissioning artist of successful work.

The metaverse is going to take a lot of computing power and this project is actually setting out to assist that. It is also creating a decentralized crowd computing network. We have some serious potential if we go into this new bull phase.