We know that the best time to invest in a cryptocurrency is on red days, where most altcoins have between 10- 30% lower value. Therefore, if you already trust specific projects, why not buy some coins from them?
For example, with the latest dip in the last few days, we have seen exciting discounts in the ecosystem like the ones mentioned in the first part of this article, which already has excellent returns.
Moreover, we look at the other five Altcoins to buy in the dip in this second part. So, we recommend you to read this article entirely and take advantage of them.
1. Crypto.com ($CRO)
$CRO is the native token of Crypto.com, which is one of the best-centralized exchanges in the world right now that have a variety of crypto services like:
- Crypto card with cashback and other features.
- NFT Marketplace, among others.
Because $CRO is the exclusive token of this giant platform that is making efforts to achieve global adoption to crypto as soon as possible, crypto.com has 3000 employees with 30 communities with 10 million users in 90 countries worldwide.
Also, $CRO is in the Top 15 of cryptos with the highest marketcap in the ecosystem, having a 24-hour trading volume of USD 284 million with 83% of its total supply already minted (25.25 billion tokens)
As you can see in the chart, the price of $CRO has skyrocketed since November of this year basically because of its new partnerships, tech integrations, and system upgrades.
Therefore, $CRO has more and more engagement thanks to the wide variety of crypto services that convert crypto.com into a crypto bank. A natural consequence of this growth is that more tokens across the ecosystem are listed on this platform.
Finally, it’s important to mention that Crypto.com is the first crypto fintech to achieve Singapore’s data protection trust mark. In conclusion, $CRO is a token backed by an excellent project that will also get in a positive trend even if its price gets down in a dip.
$THETA is the native token of the Theta Network, the next generation of video and entertainment blockchain, which is backed by very prestigious tech companies like Google, Binance, Sony, Samsung, blockchain.com, among others.
Theta is solving three problems that the video streaming industry has nowadays:
- Poor Quality
- Skyrocketing data needs
- A centralized and inefficient system
How does Theta solve this? Well, the Theta Network is a decentralized peer-to-peer video delivery platform powered by users, where:
- Viewers earn rewards as Theta Fuel
- Higher quality, smoother video streaming
- Reduced cost of delivering video streams
Also, did you know that the Theta Network is the leading solution for the current video streaming in the entire ecosystem? The $THETA token had an incredible price increment since march of this year. Look at the following chart:
There are indeed certain moments where the influence of cryptocurrencies with more marketcap is determinant in the price drop in the short term. Still, the impressive development of Theta allows developers to build decentralized dApps for different sectors such as esports, TV, music, and movies.
On the other hand, Theta Network has developed innovations in its technology, including Multi-BFT Consensus, aggregated signature gossip scheme, and resource-oriented micropayment pool. Also, The Theta Network is backed by a prestigious group of partners like Lionsgate, NASA, World Poker Tour, Line, Chainlink, Decentraland, among others.
Finally, Theta Network is developing the NFT sector by creating an NFT marketplace called ThetaDrop that launches an NFT drop of Katty Perry. Also, the platform incentivizes the development of projects in the video, NFT, and gaming sectors.
$STMX is the native token of StormX, a platform that combines the power of blockchain technology with traditional cashback so anyone can earn crypto buying online.
The $STMX token has the ERC-20 standard that operates on the ethereum blockchain, which revolutionizes people’s compensation through gamified engagement micro-tasks and freelance work.
The behavior of the $STMX token is unstable in its entire lifetime, which had a massive increment from December 2017 to February 2018 because the platform was still in development. As you can see from the chart, this token didn’t have a direct influence from other cryptos:
Also, StormX can dramatically optimize the worldwide freelancer marketplace by implementing a decentralized reward program that can be monetized through $STMX tokens.
Finally, according to the roadmap, in Q4-2021, StormX will have VIP customer support and update the fee cost in the staking dApp. Also, in Q1-2022, the governance token will be launched, exchange integrations, debit card launch, among others.
$LYXe is the native token of Lukso Network. This blockchain architecture offers solutions for physical and digital consumer goods. The goal is to promote transparency, circularity, and new ways of producing and consuming responsibly.
This project will develop tools for a new economy based on Cultural Currencies. Also for Digital Certificates and Universal Public Profiles.
Therefore, blockchain-based user and company profiles enable permanent identifiers in the digital world. Also, LUKSO introduces an additional digital layer to the ownership of creative goods that make unique characteristics permanently visible. Moreover, Digital tokens can act as the connective medium for lifestyle communities, making them valuable, participative, and inclusive.
On the other hand, the $LYXe token has the ERC-20 standard, with two ATH moments in March and November. However, the tendency has been positive since its launch.
The token has a marketcap of USD 209 million with a 24-hour trading value of USD 3.9 million. Also, it has 15% of the total supply minted already. Finally, it’s important to mention that LUKSO is starting to run games in its blockchain.
5. Cardano ($ADA)
$ADA is the native token of Cardano’s proof of stake blockchain that combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies.
Cardano exists to shift power from unaccountable structures to the margins. The goal is to be an enabling force for good change and progress with a top team of engineers.
Therefore, this is a vital project because the potential of this blockchain has integral uses cases in education, retail, agriculture, government, finance, and healthcare. As you can see in the picture below, the price of $ADA started to boost in January of 2021:
However, this coin has been affected by the influence of others, but in the long term, the tendency is positive. Why? Because Cardano has continued achieving essential milestones inside the ecosystem like:
Finally, Cardano’s block size has increased 12.5% to provide greater capacity for over 2 million users in December. A larger block means more transactions, such as Plutus scripts, native tokens, metadata, and simple $ADA transactions.
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