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5 Potentially Bullish Low-Capital Altcoins 2023

FTX's relentless drama means that crypto prices may continue to decline, and more companies may file for bankruptcy in the coming weeks. 

Even though the crypto market conditions at the end of 2022 are not good enough, according to AltcoinBuzz there are still several crypto assets that have potential and are predicted to rise when the bull run arrives.

Here are 5 low-cap Altcoins that are predicted to skyrocket if the bull run arrives.

Litentry (LIT)

As of the end of November, there has been a bullish potential for the Litentry (LIT) price for a while. One of the reasons is, the Litetry project is an identity-focused platform , and this makes it a huge prospect.

According to data from Coinmarketcap (01/12/2022), the price of LIT is trading at $0.785 with a market capitalization of $31,107,491 and is ranked 347th.

Reasons Literary Can Be Bullish

There are several reasons why everyone is bullish on Lit:

  1. LIT listed on Binance: Binance introduced Litentry in its launch this year, and the project is listed on Binance, influencing price action. However, being listed on Binance does not mean success. But that means having access to millions of users, and nowadays, LIT seems to have gotten the undivided attention of users.
  2. Have good usage: Litentry provides core blockchain solutions to solve problems such as remittances and cross-border payments. But so far, identity has not progressed too much. 

Oasis Network (ROSE)

Oasis Network (ROSE) is a privacy-focused layer -1 platform . Oasis is focused on DeFi and the data economy, which allows its users to take control over their data. Therefore, Oasis' usability is the main reason why many people believe the Oasis Network will be bullish .

Features Available in Oasis

  • Heavy workload
  • Fast transaction speed
  • Personal loans
  • Loans with low collateral.
  • private AMM

Meanwhile, Oasis has one of the most impressive technologies on the market, which is its biggest strength. Its technological design is a combination of Polkadot and Ethereum. As for what is provided by Oasis, namely:

  1. higher scalability, 
  2. lower latency, 
  3. Lower costs.

To be able to provide these benefits, Oasis separates execution from consensus. The project also introduces a second layer called ParaTimes , where transactions are processed in parallel, and can increase its transaction throughput .

Reason Oasis (ROSE) is Bullish

First, the bull run that will occur due to adoption. So projects with relevant use cases will get more attention than others, and Oasis appears to be more focused on building strategic partnerships. One of them is a privacy-focused deal with Meta.

Meta has shifted its focus to blockchain. So, partnering with Oasis is about putting the protocol in good shape.

In addition, Oasis also has another partnership with Equifax. This collaboration focuses on decentralized KYC. Oasis is planning more partnerships in the coming months. Oasis already has a large contributor ecosystem. This project has also partnered with amazing names. Some of them include:

  • BMW Group.
  • Chain link.
  • OasisLabs. 
  • Balancer.
  • a16z.
  • Pantera.

What's more, Oasis Network is project #129 in crypto and there is potential for growth. So, any investment can cause a price spike.

According to data from Coinmarketcap (01/12/2022), the price of ROSE is $0.04722 with a market capitalization of $269,479,027 and is ranked 105th.

Moonbeem (GLMR)

Moonbeam is one of the projects that is compatible with EVM crypto . Moonbeam is completely multi-chain focused, not only that Moonbeam was one of the first crypto projects to get DOT parachains , and they have a solid community.

Moonbeam Project Achievements

  1. Moonbeam recently hosted Illuminate/2022 (This event hosted some of the top people in the ecosystem, one of them Polkadot founder, Robert Habermeier.
  2. Moonbeam recently surpassed 1 million unique wallet addresses.
  3. The Foundation Grant welcomes projects impacted by the FTX crash.
  4. Footprint Analytics says it indexes Moonbeam data, which allows developers to access user activity and transactions with easy-to-use graphs.

Moonbeam is also making some integrations, therefore, this activity can make GLMR tokens go up and become a potential gold in projects that will be bull run . 

According to data from Coinmarketcap (01/12/2022), GLMR's price is $0.3692 with a market capitalization of $169,591,954 and is ranked 138th.

Kadena (KDA)

Next is Kadena, which is designed for blockchain adoption. and has a solution to the blockchain trilemma:

  • Scalability
  • Security
  • Decentralization

For security and decentralization the project decided to become a Proof of Work (PoW) chain, as well as to address scaling issues they separated transaction execution from consensus meaning they could do both faster with more TPS than other PoW chains like Bitcoin.

Reasons Why Kadena Can Be Bullish

There are several reasons why KDA is one of the favorite projects for bulls , which are as follows:

  1. Its unique programming language is called Pact : Pact is Kadena's open source programming language for writing smart contracts. Pact helps developers build high-end, high-performance logic for transactions. So, Pact smart contracts just do what they are programmed to do and developers can create new business models and on-chain services using Pact.
  2. Kadena has an experienced team, one of which is Dr. Stuart Haber, who has a strong reputation on the project, and whose name appears frequently in the 2008 Bitcoin whitepaper . Overall, the Kadena team has experience in finance and blockchain.

According to data from Coinmarketcap (01/12/2022), KDA's price is $0.9471 with a market capitalization of $200,218,572 and a rating of 124th.

Alpine

Next is Alpine,  Alpine F1® Team's BEP-20 BWT utility token , which was launched on the Binance Fan Token platform in 2022, and is the third Fan Token Launchpad project by Binance. 

Reasons Alpine Can Be Bullish

  1. ALPINE is still pretty cheap at the time this article was released trading at $2.65
  2. The total supply of ALPINE tokens is 40 million,
  3. The team is selling 10% of the stock during the Binance Launchpad Sale.
  4. ALPINE allows users to enjoy low transaction fees and 3 second block times.
  5. ALPINE is interchangeable

According to data from Coinmarketcap (01/12/2022), Alpine is priced at $2.64 with a market capitalization of $30,045,656 and is ranked 448th.

Disclaimer: This article is for information only and is not advice for trading or investing. The entire content of this article is only a prediction and not a certainty. All investment decisions are in the hands of the reader by knowing all the risks involved.


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