Market Mobster analysts called Moonbeam, Reserve Rights, Cardano, Oasis Network and VeChain altcoins very cheap and claimed that they are projects that can be invested for the long term.

Moonbeam (GLMR)

The first altcoin to be mentioned on the list is Moonbeam (GLMR). Moonbeam is an Ethereum compatible smart contract parachain on Polkadot. It makes it easy to use popular Ethereum developer tools to build or redistribute Solidity projects in a substrate-based environment.

   “This altcoin is suitable for long-term investors. Essentially, Moonbeam is the Ethereum Virtual Machine on Polkadot (DOT). So if you are going to compare Avalanche (AVAX), Solana (SOL), a layer1 blockchain instance with this permission, how things are going in the long run. It will be very interesting to see. This project can definitely go much further.”

Moonbeam Glmr

Reserve Rights (RSR) and Cardano (ADA)

Reserve Rights held a successful IEO (Initial exchange offer, you can think of it like an ICO) on the Huobi Prime platform. It is a dual token stablecoin platform launched in May 2019. Work on the mainnet continues and 78% is finished. He and the analyst think that this project can also yield good returns in the long run.

Cardano (ADA), the largest proof-of-stake (PoS) smart contract platform, continues to grow. The price started to hold above the $1 level again and it is still cheap according to analysts. There are serious price expectations for ADA in the long term.

Reserve Rights rsr

Oasis Network (ROSE) and VeChain (VET)

Oasis Network (ROSE). Oasis is the leading privacy-enabled and scalable layer1 blockchain network. It combines high throughput and low gas fees with secure architecture to provide a next-generation foundation for Web3, DeFi, GameFi, NFT, Metaverse, data tokenization and DAOs.

   “Oasis will drive web3 forward, scale it and evolve it from infancy to maturity. Backed by top industry backers, Oasis has recently announced a $200M Ecosystem Fund to support projects to be built on the network, and Binance and CryptoSafe Alliance, BMW. It has a lot of partners like the Group."

VeChain (VET) is a versatile enterprise-grade L1 smart contract platform. VeChain started in 2015 as a private consortium chain working with a number of businesses to explore blockchain applications. VeChain would begin its transition to the public blockchain with the ERC-20 token VEN in 2017, before launching its own mainnet using the VET token in 2018. Analysts say that VET is pricing aggressively and that the currently cheap price can be evaluated.