Top 5 Altcoins to Buy On This Dip, According to Market Mobster
The market has been dropping in price quite significantly, so if you want to get involved in the market and don’t know where to buy, this might be a good video.
Because Market Mobster, a famous Youtube Channel focused on Crypto, has revealed the top 5 altcoins that can buy the dip in April 2022.
The first altcoin mentioned on the list is Moonbeam (GLMR). Moonbeam is an Ethereum-compatible smart contract parachain on Polkadot. Moonbeam makes it easy to use popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment.
This altcoin is suitable for a great long-term hold. It is the Ethereum Virtual Machine essentially on Polkadot (DOT). So it’s going to be pretty interesting to see how things go long-term if you’re going to compare it to the likes of Avalanche (AVAX), Solana (SOL), the example of a layer 1 blockchain that has that permission. This project can definitely go much higher. That’s why it takes first place on the list.
Reserve Rights (RSR)
The second one on the list is Reserve Rights (RSR). Reserve Rights is a dual-token stablecoin platform launched in May 2019 following a successful initial exchange offering (IEO) on the Huobi Prime platform.
We are 78% complete on the mainnet and enable you as a holder to essentially get some staking rewards utilizing the ecosystem. That’s an element it’s not fully out yet.
That’ll be good content of accumulation from this level, and we’ve broken up through a weekly level. We could go much higher in the long term, but it has been quite aggressive. It’s been quite a good little mover. Therefore, this project looks pretty promising. If the market sentiment is good throughout what’s happened in the past, we could be pretty good.
The third altcoin mentioned 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.
We have pushed massively. These weekly levels are held nicely, but we’re smashed through the EMA. It would probably be pretty good and slowly above the $1 level. We can see some orders coming in for it to push higher. So it’s definitely one on the list and you should definitely check it out.
Oasis Network (ROSE)
The next altcoin to buy on this dip is Oasis Network (ROSE). Oasis is the leading privacy-enabled and scalable layer-1 blockchain network and combines high throughput and low gas fees with secure architecture to provide a next-generation foundation for Web3 and power DeFi, GameFi, NFTs, Metaverse, Data tokenization, and Data DAOs.
Oasis will propel web3 forward, scaling it and evolving it from infancy to maturity. Supported by top industry backers, Oasis recently announced the $200 million Ecosystem Fund to support projects to build on the network and has several Fortune 500 partnerships in places, such as the CryptoSafe Alliance with Binance, the BMW Group, and others. Oasis is one of the top two invested blockchains by top VCs and has one of the fastest-growing developer networks in the industry, according to Messari.
This project is in a massive strong pullback. We’re on the higher time frames, but it looks pretty good-looking and strong. It’s always good to break those major swing levels, making it much easier. So we are going to go to the upside.
The last one mentioned on the list is VeChain (VET). VeChain (VET) is a versatile enterprise-grade L1 smart contract platform. VeChain began in 2015 as a private consortium chain, working with a host of enterprises to explore blockchain applications. VeChain would begin its transition to public blockchain in 2017 with the ERC-20 token VEN before launching a mainnet of its own in 2018 using the ticker VET.
This altcoin may well correct quite aggressively because it has an aggressive pump. What goes up fast comes down quickly, too. But you’ve also don’t disregard this level here as well. So it’s looking pretty interesting in terms of the overall kind of spectrum. We might get a fill here around $0.07, but it may go lower. However, this is still a strong market as VeChain always shows up on a strong market.