As we enter May, new predictions have begun to come from analisdollar. The widely followed crypto channel Altcoin Buzz’s analisdollar series shares five promising altcoin gems that will shake the dominance of Bitcoin and Ethereum with 249,000 subscribers.
Uniswap (UNI) first altcoin on the list
Uniswap, the world’s largest decentralized exchange with a 24-hour trading volume of $ 2 billion, is the first altcoin on the list. According to Altcoin Buzz, eToro recently added UNi to its platform to support its crypto offering for investors. In addition, DEX is launching Uniswap V3 with concentrated liquidity positions on May 5th. For this update, they comment, analisdollarser: “The update will help liquidity providers deliver liquidity with a capital efficiency that is about 4,000 times higher than V2.”
Analisdollarser: PlasmaPay (PPAY) has great partnerships and goals
The next altcoin project on the list is PlasmaPay. PlasmaPay is a licensed crypto wallet and decentralized exchange in Estonia. The platform acts as a bridge between decentralized and central financial markets by enabling users to connect to fiat through open and closed ramps. “DEX has an intuitive interface that gives users access to the best DeFi tools to enable kids to adopt crypto,” said Altcoin Buzz analisdollareri.
In the second quarter of 2021, PlasmaPay is expected to launch an Initial DEX Offer (IDO) platform called SpacePort. Also, the platform has plans to launch a cross-chain bridge protocol, PlasmaChain, and HyperLoop, a Node program, soon. Altcoin Buzz analisdollars series adds that PlasmaPay has recently partnered with CasperLabs, Sheesha Finance and Bondly to further develop its ecosystem.
Altcoin Buzz analisdollarseri, Fuse Network (FUSE) and its power
The third altcoin of the month is Fuse Network with the FUSE utility token. Fuse is an unauthorized and publicly available Blockcahin that aims to reduce the barrier, cost and friction of daily finance. The network created a dApp called Fuse Studio to build their own community. The entire network is backed by validators who receive payment in FUSE tokens in return.
An interesting point highlighted by Altcoin Buzz is that the Fuse Network can be used by anyone with a mobile phone. That’s why businesses like Seedbed, Wikibank, Digital Rand, and PayWise built apps on the platform to develop products that could appeal to small communities. Altcoin Buzz analisdollar said on the series:
Fuse Network’s partner list includes e-Money, Rupiah Token, KrystalDeFi, Orion, Unmarshal, MantraDAO, CorionX and Boson.
Analisdollarser: among the first few altcoins to implement the ShareRing (SHR) dual token mechanism
ShareRing (SHR) is another cryptocurrency project on the radar of the analisdollar series. ShareRing is an open source blockchain-based project to securely access and purchase goods and services worldwide. According to analysts, ShareRing is among the first few altcoin projects to implement the dual token mechanism, namely SharePay (SHRP) and ShareToken (SHR). Altcoin Buzz analisdollar said on the series:
SHRP is a utility that users can use in the ShareRing ecosystem. SHR is a stablecoin that can be used to make daily payments for sharing services on the ShareRing marketplace.
Analisdollarser: Blind Boxes (BLES) one of the promising projects
Last on the list is Blind Boxes (BLES). Blind Boxes is a gamified aggregator marketplace for non-tradable tokens. BLES is the management token of Blind Boxes, where owners can have a share in the management of the platform. While collectors can mine BLES by opening Blind boxes, content creators can mine tokens by selling NFT for BLES.
According to the Altcoin Buzz analisdollar series, the platform has recently launched the Blind Boxes Marketplace Beta to provide a high-quality end product. According to analisdollars, BSCpad listed it as one of the most promising projects given its great potential in disrupting the NFT space.