Top 5 Altcoins With Huge Potential In March, According to CryptoBusy
Bitcoin has just made a flip and the entire market is having its recovery. Traders are still very confused about which is the most potential altcoin throughout the market?
The host of CryptoBusy, a Youtube Channel where you can get up-to-date crypto news, coin, token, and wallet reviews, Tom, has revealed the top 5 altcoins with huge potential to pump in March 2022, giving you a greater decision to enhance your portfolio.
Mirror Protocol (MIR)
The first altcoin to mention is Mirror Protocol (MIR). MIR is a synthetic assets protocol built by Terraform Labs (TFL) on the Terra blockchain.
Mirror Protocol is decentralized from day 1, with the on-chain treasury and code changes governed by holders of the MIR token. TFL has no intention of keeping or selling MIR tokens, and there are no admin keys or special access privileges granted. The intent for this is to be a completely decentralized, community-driven project.
Mirrored assets are blockchain tokens that behave like “mirror” versions of real-world assets by reflecting the exchange prices on-chain. They give traders the price exposure to real assets while enabling fractional ownership, open access, and censorship resistance as any other cryptocurrency. Unlike traditional tokens which serve to represent a real, underlying asset, mAssets are purely synthetic and only capture the price movement of the corresponding asset.
The second altcoin on the list is Ripple (XRP). XRP is the currency that runs on a digital payment platform called RippleNet, which is on top of a distributed ledger database called XRP Ledger. While RippleNet is run by a company called Ripple, the XRP Ledger is open-source and is not based on blockchain, but rather the previously mentioned distributed ledger database.
Once Ripple wins the lawsuit with SEC, the price of this altcoin will pump potentially, not particularly in this month but in 2022.
The next altcoin to mention on the list 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.
Chainlink has had a huge drive over the past 2 years, especially the 10x only in 6 months. Chainlink is doing really well, not only in March but also in 2022 as well. That’s why LINK takes third place on this list.
The next potential altcoin that Tom mentioned 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.
Harmony is a great project and it is performing very well. There will be a breakout in price going for Harmony. ONE is ranking number 50 by market cap.
Audius (AUDIO) is the last altcoin on the list. Audius is a decentralized music streaming protocol initially built on the POA network, but now living on Solana. Audius was launched to remedy the inefficiencies of the music industry, which is plagued by intransparent music rights ownership and intermediaries standing between artists and their audience.
It involves the streaming sector. Audius is doing that successfully. So, Audius is full of potential and this altcoin is going to pump in 2022 with the current ranking at number 119.
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