Top 5 Potential Altcoins To Buy This Week, According to Cheeky Crypto
The market is very volatile these days and a lot of altcoins are having the reverse. That’s why traders, especially short-term traders should follow up on their investments.
Cheeky Crypto, a well-known Youtube Channel on cryptocurrency has highlighted top 5 potential altcoins to buy this week.
The first altcoin to mention is Conceal (CCX). Conceal.Network is a decentralized blockchain bank with deposits and investments paying interest rates. Conceal.Network reportedly enables untraceable, anonymous messaging, and a secure way to transfer funds.
The index of this crypto on evai.io (platform evaluates each asset’s live data against several critical KPIs through AI and machine learning) is good, which means that this is a profitable project to keep an eye on.
CCX is trading at $0.27, down 3% within 24 hours. But with the great ratio, this project is believed to have a reverse soon.
CCX Chart | Source: Coinmarketcap
The second altcoin on the list is Cardano (ADA). Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods.
ADA is changing hands at $1.62 at press time and its price change has been up 16.5%. This is a really strong project and has a huge potential to explode in the near future.
ADA Chart | Source: Coinmarketcap
Harmony (ONE) is the third altcoin on the list. Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.
ONE is trading at $0.32 at press time, which is down more than 4% within 24 hours. But the index on evai.io is still good. It’s in the downtrend where we’re expecting a pullback soon with this strong project.
ONE Chart | Source: Coinmarketcap
The next altcoin to mention is Polygon (MATIC). Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
It’s pulling back and we can expect a higher price for MATIC. MATIC’s price is $2.2 at press time, which is down 8.7% within 24 hours.
MATIC Chart | Source: Coinmarketcap
Near Protocol (NEAR)
The last altcoin on the list is Near Protocol (NEAR). NEAR Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem. Its declared goal is to build a platform that is “secure enough to manage high-value assets like money or identity and performant enough to make them useful for everyday people.”
NEAR is trading at $17.8 and down 8.76% within 24 hours. But this is still a very profitable project to wait for its reverse.
NEAR Chart | Source: Coinmarketcap
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