3 UNDER The RADAR Crypto Altcoin GEMS GROWING RAPIDLY!!!

Under the radar. That can be a couple of different things. It can mean undervalued or underappreciated. It can also mean it’s doing cool stuff but being ignored. And in today’s case, we have 3 altcoins going through one or more of these.

There is a famous trading sentiment of sell when people are buying and buy when people are selling. Or buy when there’s blood in the streets. Well, there isn’t blood. But these altcoins should have tons of buyers, yet they don’t. Let’s see who is under OUR radar right now.

1) tomi

The first of our altcoins is Tomi. It is growing so fast. The $tomi token even cracked the top 100 briefly in market value. Even still, it’s in #175 now. It’s a great accomplishment for a newer project. But we are not that surprised. It turns out we are not the only ones who want a decentralized, community-run internet.

And we aren’t the only ones who want more ownership and control of our personal data. And we aren’t the only ones who want to be able to say what we want without some centralized 3rd party censoring what we say and to whom we say it. It turns out many of you want that too.

What a surprise! And by surprise, I mean it’s no surprise at all. Of course, crypto natives and investors want to be able to do what they want with who they want. Usually, we talk about this in the manner of censorship-resistant transactions. And that’s important. But the freedom to express ourselves not only with our money is just as, if not more important.

This is what tomi is all about. An internet that takes us away from big legacy tech control. Tomi brings that control back to the people. The community. Those who use it should decide how it works.

More About tomi

And if a bad actor comes into the community, then it’s the community that banishes him. Because with tomi’s decentralized internet, the community rules. The tomi project is still under the radar despite its market value growth and its growing exposure for freedom lovers on crypto twitter.

Their name service has a new, different business model that we talked about in a recent video. And for those in the community, it’s a bigger money-making opportunity than flipping ENS domain name handles. And really, tomi is just getting started.

Do you have a favorite decentralized internet project or naming service? Let us know in the comments below.

2) Wanchain

The second of these altcoins is Wanchain and is absolutely, positively under the radar. Most people don’t know that Wanchain created the first decentralized bridge in the industry. And in a part of the industry where hacks and thefts happen often, it’s NEVER happened to Wanchain.

Maybe that’s why people don’t hear about them. Because most of what we hear about bridges is bad news. And Wanchain doesn’t have any bad news. In fact, they have only good news. Just recently they made operating between chains much faster and cheaper. The 4 most popular assets in crypto and Wanchain developed bridges for them are:

  • Bitcoin
  • Ethereum
  • USDT
  • USDC

All now have updated XFlows with Wanchain. XFlows are a cross-chain flow with a bridge. But what makes this offering special is no wrapped or synthetic tokens.

You get native Bitcoin or USDT on the other side of the bridge. Think of it like Western Union. If you use them for an old-fashioned remittance Web 2 style, they always have to have dollars or Euros available on the other side. These are the assets people want. So they have to have it available.

And for Wanchain, they have to manage to have the native assets available like USDT on Tron or USDC on Polygon. It’s all based on what the people want. Making these XFlows happen requires good tech, good cash management, and good governance.

And Wanchain’s native token, $WAN, has all 3. Yet, it sits at a market cap of $35.2 million. Only #488 in market cap. For the bridge leader. That’s definitely under the radar.

3) dydx

Fee income is where you really see where growth is. People talk a lot but watch where they spend their money. That tells you even more. The last of our altcoins, Dydx, earned $5.2 million in fees in the last 30 days. This puts it as the highest perp DEX in the industry. Perps being where you can trade perpetual contracts in a DEX environment.

Of all DEXes, only Uniswap, AAVE, and Convex earned more in the last month. In fact, dydx earned more than Compound, Curve, GMX, and a lot of other big-name DEXes in crypto. In late June, dydx took the gamble of doing a migration from ETH-based app to Layer 1 blockchain on Cosmos. Some think it was a gamble at least. I myself and most of Altcoin Buzz saw it as a great move.

For interoperability and fast, cheap transactions, it’s hard to beat Cosmos. And that’s even with some good Layer 2 solutions with Ethereum. Right now, the DUDX token sits at ~#100 in market cap at $345 million. This puts it at a lower market value than Lido, Polygon, Solana, Arbitrum, AAVE, and Injective.

All of whom are earning less in fee income than dydx is. Despite its reputation as a high flyer among DEXes, the reality is that dydx is under the radar too. It’s definitely worth a look at this price.

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by tomi. Copyright Altcoin Buzz Pte Ltd.

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