Your wallet might look pretty sad after the crypto-currency crash of the past few months, but don't worry about it just yet! There are still plenty of crypto-currency coins to buy before the rally comes back in full force. But not all crypto-currencies have the same potential for success. So we've selected 5 crypto projects that you should buy in this dip. The dip is what makes them so valuable to have because some of them can get you up to 10X only by reverting to their ATH. And don't forget that you need to look at more than just market capitalization when choosing a cryptocurrency to invest in.
So, watch this video all the way through so you don't miss any details.
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Before starting this part, know that this is not financial advice, investing in crypto is risky, and you should always do your research before you get started.
So, our first project is Stratos.
Stratos is the next generation of decentralized Data Mesh that provides a scalable, reliable, and self-balancing storage, database, and compute network. Stratos was born to scale the capability of blockchain processes while maintaining the decentralized benefits of a distributed protocol, including traceability, verifiability, privacy, etc.
Stratos is uniquely positioned to support the storage and adoption of data for developers and users in this ever-expanding digital economy. Stratos strives to facilitate the adoption of decentralized data for the blockchain industry and Web 3.0.
Stratos provides a decentralized data mesh solution designed to take the data infrastructure of the blockchain ecosystem to the next level.
Stratos' decentralized data mesh enables scalable, reliable, and self-balancing next-generation data storage, making blockchain data retrieval simple, efficient, and flexible, regardless of data size.
Stratos makes decentralized data management easy for everyone. From developers and users of innovative NFT, DeFi, and DApp projects, to communities based on decentralized governance and traditional enterprises requiring CDN services, to smart home solution providers using edge computing - everyone can benefit from an efficient decentralized cloud that does not require massive storage and content acceleration.
They have already 40k followers on their Twitter page, moreover, you can already join the testnet to help Stratos to test the decentralized storage infrastructure and you will be rewarded with 1 million STOS!
Their token is already listed on BitMart, and the STOP/USDT exchange pair is available for trading.
The current price of the token is $1.2, and its ATH is $5.1. This will give you a little more than 4X if you buy it now before it goes back to its ATH.
Before we move on to our next crypto project, if you like to put your money into crypto, and if you've already won something from this video, let us know by leaving a "Like" and sharing this video if you haven't already done so.
Our second project is very interesting crypto. It is Moonriver.
Moonriver is a Kusama parachain of smart contracts compatible with Ethereum. This project is a complementary network to Moonbeam, on which it will offer a permanent incentive network. The new code will first reach Moonriver, where it will be tested and verified in real-world economic conditions. Once it has proven itself, the same code will be sent to Moonbeam on Polkadot.
To do this, it provides a full EVM implementation, a Web3-enabled API, and gateways that connect Moonriver to existing Ethereum networks.
This allows developers to deploy smart contracts and DApp front ends on Moonriver, at a small price.
Since Moonriver is a smart contract platform, it needs a utility token to function. The MOVR is at the core of Moonriver's design and cannot be removed without sacrificing essential functionality.
The Moonriver token is an ERC-20 token. It's used to support gas metering of smart contract execution, incentivizing collaborators and powering the mechanics around creating a decentralized node infrastructure on which the platform can run. This token also regulates the network's transaction fees. Moonriver Crypto has a total supply of 10 Million MOVR tokens.
They already have a community of about 120k subscribers.
Today, it is not very complicated to buy the Moonriver crypto. You usually just need to have either Bitcoin, Ethereum, Binance Coin, or Tether. Then you can exchange it for Moonriver tokens on Binance, Bybit, and Nexo.
The current price of the token is $61 and its ATH is $540. So if you invest now and it goes back to its ATH, you'll get about 9X. This project has the potential to do more than that. So this is crypto you must-have if you want to multiply your money exponentially.
Before talking about the Moonbeam network, let's start by talking about the problem it solves. As everyone knows, the Ethereum network is a victim of its success and has to face growing congestion and exploding costs.
To solve this problem, many 2nd layer solutions such as Polygon, Starkware, or Arbitrum have been created. They allow faster and much less expensive exchanges but they remain very much linked to the Ethereum mother network.
Other blockchains have chosen to differentiate themselves from Ethereum like Polkadot, they are called layers 1 and they have their language.
Polkadot is a blockchain that wants to be interoperable, that is to say, that it wants to be able to communicate with other chains and particularly those resulting from the tools of development substrate which it proposes.
So, Moonbeam is the first fully operational parachain on Polkadot. Moonbeam will bring many new integrations, activities, and users to light up the Polkadot ecosystem.
By winning the second bid to become a Polkadot parachain, Moonbeam has given itself the means to become fully operational. And now it is with its public launch this Tuesday, January 11, as announced on their Twitter page.
This gives Moonbeam an incredible potential since it potentially allows developers to capture a part of Ethereum users to bring them to Polkadot, a faster and much cheaper network than its elder.
This is good news for DeFi enthusiasts in particular who need to generate several transactions to launch a passive income strategy. They might look forward to the possibility of migrating to a cheaper and faster blockchain.
Moreover, the Glimmer (GLMR), Moonbeam's token, has a large community to support it. The proof is that Moonbeam is one of the very first projects to have won an auction in the crowdloan system of Polkadot.
Finally, we can compare the progress of Glimmer to that of Moonriver (MOVR), its counterpart on the Kusama network, which acts in fact as a testnet for Polkadot.
In terms of capitalization, Moonriver has captured a good part of Kusama's capitalization, which is not yet the case of Moonbeam on Polkadot, which still totals more than $18 billion.
The Litebit exchange has very recently listed Moonbeam's Glimmer (GLMR) along with its cousin Moonriver (MOVR).
Glimmer is also available on the biggest exchanges on the planet like KuCoin, Kraken, and Binance. It now remains to be seen when the token will succeed in stemming the recent and logical dump following the profit-taking of the first entrants. No doubt the state of the market and Bitcoin will be important for the token to appreciate.
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