Altcoin Buzz, one of the popular cryptocurrency channels on YouTube, shared altcoin projects that he claims are low in value but very valuable for investing while the crypto money markets are falling. The analyst listed 5 projects from different sectors of the crypto money ecosystem that could bring big gains to its investors and that he thought the disadvantages were low.
The first altcoin project on the analyst's list is Polygon's native asset MATIC, the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Stating that Polygon is a Layer 2 solution, Altcoin Buzz states that the project hosts many applications and underlines that it is one of the popular zk-SNARK coins, offering both high privacy and high security. According to the analyst, the cryptocurrency space in which Polygon is involved is growing quite rapidly compared to other areas, and MATIC is among the projects that can benefit from this growth. Altcoin Buzz adds that Polygon has a lot of investor support.
The second altcoin project on the analyst's list is minimal Blockchain Mina (MINA), which was created to reduce computational requirements to run dApps (decentralized applications) more efficiently. Underlining that Mina is a Zero Knowledge altcoin, Altcoin Buzz emphasizes that it uses Zero Knowledge Proof in its PoS network and that smart contracts are Zero Knowledge applications. As the analyst points out, this is how Mina ensures that data subjects are truly in the rank of owner. The analyst states that at 22 KB, Mina is the smallest privacy-focused blockchain in crypto, so anyone can easily join the network and run a full node. According to Altcoin Buzz, the trend towards privacy will increase rapidly and he believes it will outpace the rest of the cryptocurrency markets in the next few years.
The third altcoin on Altcoin Buzz's list is Cronos (CRO), the native asset of Crypto.com, one of the giant cryptocurrency exchanges. Stating that crypto exchange coins are a very good investment tool and offer great opportunities from time to time, as long as the trade in crypto currency exchanges continues, the analyst claims that the CRO is also in this class. The analyst expects the CRO to not only see the all-time high, but surpass it as well.
The fourth altcoin on the analyst's radar is Immutable X, which positions itself as the first Layer 2 scaling solution for NFTs on Ethereum. is doing. Altcoin Buzz is of the opinion that Immutable X has great promise and will be part of this great future from its local asset IMX.
The last altcoin on the analyst's radar is the Efinity Token (EFI), a cross-chain NFT Blockchain developed by Enjin that aims to facilitate NFT transactions across all major industries. Altcoin Buzz claims that Efinity is in a great position to make crypto more compatible.