Top trader Kevin Cage predicts massive explosions for 2 hidden gem altcoins that possess strong technical fundamentals.
Kilt Protocol (KILT)
First on the trader’s list is Kilt Protocol, an open-source blockchain protocol for issuing verifiable, revocable, and anonymous claims-based credentials in Web 3.0. The trader explains that KILT aims to return control over personal data to its owner, restoring privacy to the individual and enabling innovative business models around identity and credentials.
“As we’re entering the metaverse, KYC (know your customer) compliance is going to be massive. Digital identity is going to be extremely necessary, especially with how you decentralize that information. Kilt is a big project and it is going to disrupt the space, be the KYC for the multi-billion metaverse projects, for NFTs, for anything digital in a decentralized manner.”
Besides, the crypto KOL also highlights that KILT is implementing enterprise partnerships in the energy, health care and banking sectors.
At the time of the recording, KILT was trading at $10.12 with a market cap of only $340 million dollars. According to the trader, while KILT has been seeing lots of fractals in its price action after its rocket moves from under $1 since its launch to more than $13, he shares that KILT seems to mirror the price movement of MOVR.
Casper (CSPR)
Another altcoin gem that is also on Cage’s radar is Casper (CSPR), the first live proof-of-stake blockchain built off the Casper CBC specification.
“It has the same model the Ethereum network is likely to enact in the future. And that could give Casper a leg up on the competition. This is one reason many people refer Casper as the Ethereum 3.0 or the final evolution of Ethereum.”
At the time of the video, CSPR was trading at $0.16 with a market cap of only $429 million dollars. The trader shares a strong belief that CSPR would mimic Solana’s exponential growth and ride a huge wave for its layer-1 protocol.
“It is currently in an accumulation phase. I love buying assets when it is right here before the big breakout comes. The longer this base, the higher the explosion. 2022 is going to a be huge year for Casper as Casper Labs starting to roll out its platform, announcing partnerships with some UAE prestigious names. Backing to its all-time high of 1.37 is an absolute possibility.”
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