The entire market is having recovered from 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 focused on cryptocurrency, has highlighted the top 5 projects that traders should keep an eye on.
These five projects has been pulled out by artificial intelligence and machine learning over at evai.io, a system that provides investors with impartial data, informing their next investment decisions.
Contentos (COS)
The first altcoin to mention is Contentos (COS). Contentos (COS) is a cryptocurrency and operates on the BNB Beacon Chain (BEP2) platform.
It’s the decentralized global content ecosystem. This is a project that worth doing some research on it. It’s an interesting project for content creators. They would love to go upload the video on this particular project.
It’s a very profitable project and lots of ups and downs. But most of the metrics on evai.io are good, so this project is still a potential one. COS is trading at $0.013, which is down almost 4%.
COS Chart | Source: Coinmarketcap
Grid+ (GRID)
The second one to mention on the list is Grid+ (GRID). Grid+ is building a blockchain-based trading platform for energy with the aim of providing renewable electricity to consumers. This is a cryptocurrency and operates on the Ethereum platform.
Grid+ is a new technology that’s going to keep retail investors’ money safe and secure. This is a really important thing in the crypto space. That’s why this is a potential project to keep an eye on. GRID is changing hands at $1.28, down 2.23%, giving traders a good position to jump into it.
GRID Chart | Source: Coinmarketcap
AICHAIN (AIT)
The next project to keep your eye on is AICHAIN (AIT). AICHAIN is a public chain that is specially designed as a blockchain infrastructure for AI applications. AICHAIN (AIT) is a cryptocurrency and operates on the Ethereum platform.
This project has many sharp ratios on evai.io, which means it has huge potential to grow in the future. However, make sure you are willing to do research on this project as this is not financial advice. AIT is trading at $0.003, which is down almost 2%.
AIT Chart | Source: Coinmarketcap
Avalanche (AVAX)
The fourth altcoin to mention is Avalanche (AVAX). Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks.
It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.
This is a solid technology, Chris picks this project because it is having a good position at the time of recording, the metrics on the evai.io are strong and this is a top 10 project by market cap.
AVAX is changing hands at $75.18, which is down over 6% at press time. This is a very profitable position, according to Chris.
AVAX Chart | Source: Coinmarketcap
Harmony (ONE)
The last project to keep your eye on is Harmony (ONE). 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 having a massively undervalued price. Harmony is going to be the one that can survive during any crashes. You can provide yourself with a nice passive income on your crypto holdings. You’ll get some very juicy returns hovering around the 10 APY and this is a fantastic way to make your crypto work for you.
ONE Chart | Source: Coinmarketcap
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