Top 8 Altcoins To Buy In June 2022, According to Cheeky Crypto
Bear markets are where generational-level wealth is made. So we’ve got some fantastic opportunities in altcoins. Although these coins may never reach the same heights as Bitcoin, they are still some of the best altcoins with potential.
In the latest video, Cheeky Crypto, a famous Youtube Channel focused on crypto, has highlighted the top 8 altcoins to buy now to make you rich in June 2022.
The first altcoin mentioned on the list is PolySwarm (NCT). PolySwarm is a crowdsourced threat intelligence marketplace that provides a more effective way to detect, analyze and respond to the latest threats, the ones more likely to go undetected by existing solutions. We are a launchpad for new technologies and innovative threat detection methods, where commercial solutions and specialized engines compete to detect threats and get compensated based on performance.
PolySwarm has a fantastic team and solid technology. It’s massively undervalued and there’s huge gains potential for this particular project. NCT is trading at $0.02, down 5%, and ranking number 477 at press time.
NCT/USDT | Source: TradingView
The second one on the list is Algorand (ALGO). Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable, and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust.
This is a solid project with a solid team. It’s going to last the test of time. Its price is undervalued and changing hands at $0.36 for now, ranking number 30 by market cap and this is an altcoin to keep an eye on.
ALGO/USDT | Source: TradingView
The third altcoin to buy in June 2022 is Hedera (HBAR). Hedera is the most used, sustainable, enterprise-grade public network for the decentralized economy that allows individuals and businesses to create powerful DApps.
This is a project that has super technology, a super team, and the one that is going to do really well. HBAR is trading at $0.08, up 0.69%, and ranking number 33 by market cap. This altcoin is expected to do really well in the next bull cycle.
HBAR/USDT | Source: TradingView
The next one on the list is Polkadot (DOT). Polkadot is an open-source sharded multichain protocol that connects and secures a network of specialized blockchains, facilitating the cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known as Web 3.
This is an absolutely amazing project. This one’s going to do really well. It hasn’t performed particularly well in the previous bull cycle, but it is expected to do multiple percentages, more than in the previous cycle. The previous co-founder of Ethereum is running this one.
So this is still a project with a solid team, solid technology, and focusing on quality over quantity. As a result, it will shine through in the long term. DOT is changing hands at $9.5 and ranking number 11 by market cap.
DOT/USDT | Source: TradingView
The next altcoin that can make you rich in June 2022 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.
There’s going to be a real need for oracles for many different reasons within the metaverse. So this project is definitely the one to do research and cast your eye over. They have a solid team and solid technology and they are doing really well. LINK is trading at $6.5, up 2%, and ranking number 28 by market cap. We’re going to see lower prices and it would be an opportunity that people shouldn’t miss.
LINK/USDT | Source: TradingView
The next altcoin mentioned on the list is Solana (SOL). Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide DeFi solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
it’s pulled back quite a lot and there are a lot of people losing faith in Solana. Solana is facing lots of difficulties but it’s got huge VC backing. That really helped and this project will last the test of time. You’re going to see some phenomenal prices because of people losing faith in it. SOL is changing hands at $42.76, which is up 3.4% and ranking number 9 by market cap.
SOL/USDT | Source: TradingView
The next altcoin to buy in June 2022 is going to be SingularityDAO (SDAO). SingularityDAO has created the first decentralized, non-custodial, dynamically adjusted baskets of tokens (DynaSets) controlled by a team of traders aided by and eventually handing over majority control to, highly advanced Artificial Intelligence, the likes of which are leveraged daily on Wall Street but are as yet unknown in the crypto space.
They’ve got a solid team, solid technology, and they’re going to be the leaders in this sector. They will manage the assets to outperform the market. It’s outperformed, so you should keep an eye on this project. SDAO is changing hands at $0.76, up 1.6%, and ranking number 521 by market cap.
SDAO/USDT | Source: TradingView
The final project 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 are seeing a lot of adoption for Cardano in comparison to many others. The team is phenomenal and they also have solid technology, solid team peer-reviewed technology, and it’s going to do really well. ADA is changing hands at $0.46, up 1% and ranking number 8 by market cap.
ADA/USDT | Source: TradingView
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