Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Experts Highlight 10 Altcoins To Buy This Current Crypto Dip

Experts Highlight 10 Altcoins To Buy This Current Crypto Dip

CoineditionCoinedition2024/01/22 10:16
By:Abdulkarim Abdulwahab
  • Crypto experts tip lesser-known DePin projects like DIMO for potential bull run gains.
  • Another favored choice was the creator-focused crypto project, DESO.
  • Other tokens noted for their potential are Vertex, KARATE, PRISMA, and RUNE.

Ran Neuner, the host of the YouTube channel, “Crypto Banter,” recently inquired from a panel of crypto experts about the tokens they are confident in for their potential and are prepared to hold during the upcoming bull season. Neuner specifically asked them to highlight less prominent projects they are confident in amid the current bearish trend.

Ishan Bhaidani, co-founder of the DeFi-based project SCRIB3, expressed his views on what he believes to be the trade of the cycle—DePin. This stands for Decentralized Physical Infrastructure Networks. It refers to projects that develop blockchain-based management systems for real-world facilities, such as marketplaces for computing power and real-world data.

Bhaidani highlighted a particularly intriguing DePin-based token called Dimo (DIMO). He explained that DIMO had developed a decentralized version of the hardware placed in cars to collect data for insurance discounts based on driving behavior. 

Similarly, DIMO’s solution allows users to plug the device into their cars, creating a two-sided data network. With it, users can share information, such as miles driven, with entities like car manufacturers or insurance companies. Notably, the DIMO token currently trades at $0.4896, with a market valuation of $97,104,895.

On the other hand, crypto investor “VirtualBacon” shared insights on a project called Decentralized Social (DESO). He highlighted that the project operates on two fronts. On the product side, they successfully marketed the idea of social tokens with BitClout before Friendtech gained dominance in the space. 

Now, they are transitioning from the DeFi side to the infrastructure side. At the time of reporting, the DESO token is trading at $39.59, with a 4.31% gain.

Meanwhile, José Maria Macedo, a partner at Delphi Labs, picked AstroSwap (ASTRO), a decentralized exchange (DEX) platform built on the Cardano blockchain . As outlined in the project’s whitepaper, AstroSwap strives to address existing challenges within the blockchain community while pushing trading boundaries to new heights. Its ASTRO token is trading at $0.0009098, with a market valuation of about $3.1 million. 

Other tokens noted for their potential include Polygon (MATIC), Vertex (VRTX), KARATE, Prisma Finance (PRISMA), ETNA Network (ETHNA), THORChain (RUNE), and SuperVerse (Super). 

However, the presenters made it clear that their mentions and endorsements of these projects are not to be construed as financial advice.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!