Earlier this week, crypto analyst and influencer Ben Armstrong checked out 5 “low cost” (beneath a penny) altcoins that provide potential for “large positive factors.”
Armstrong began with blockchain-based point-of-sale protocol Pundi X (NPXS). Regardless of its present small value, Armstrong said that current developments may result in one other all-time excessive.
NPXS has not too long ago introduced staking and a token burn to cut back their provide. For a coin with 236 billion tokens, that ought to assist carry this undertaking via an enormous altcoin season.
The favored dealer additionally highlighted Holochain (HOT), “a scalable, agent-centric distributed computing platform”, saying the know-how may take the token value larger. Armstrong mentioned Holochain was pushing the boundaries of blockchain know-how and decentralization.
Armstrong additionally informed followers to keep watch over the peer-to-peer file-sharing community BitTorrent (BTT). He famous the coin’s rising reputation on social media platform TikTok and mentioned the uptick in curiosity may result in a value breakout:
[BitTorrent] launched with fireworks, solely to later out sizzle into obscurity. However a current value surge has introduced new life to BitTorrent. However is there extra to this than at first look? Effectively, the rumor is that TikTok is now pumping BitTorrent equally to what we noticed with Dogecoin not too long ago.
Armstrong rounded out his high 5 with Harmony (ONE), “a sharding protocol with a trustless Ethereum bridge and VeChain (VET), which is a blockchain-powered platform targeted on provide chain administration.
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