Cheap Altcoins with great potential, TOP5


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Cheap Altcoins with great potential, TOP5

Altcoins - alternative coins - that is, any cryptocurrency that is not Bitcoin (which came after the first digital currency - BTC) currently accounts for 60% of the crypto market value. Even so, many of them are still cheap altcoins with prices up to $1.

Cheap Altcoins

Popular cryptocurrency trader Ben Armstrong, in his latest YouTube video, lists five cheap altcoins that could bring their future investors millions. Due to their amount (which we can count in billions compared to BTC), altcoins may not have a chance of reaching the Bitcoin level, but they still offer many opportunities for investors. According to the author of the film, you can get rich by spending "less than a cent" on art.

#1 Pundi X (NPXS)


The project, founded in 2018 by Zac Cheah, is based on the Ethereum blockchain. The main assumption of NPXS is to spread digital currency payments outside the Internet sphere. Transactions would also be possible for everyday purchases in shops, cafes or petrol stations. Even though Pundi X has not returned to its all-time high in its early days, Armstrong says recent events will drive up the price of this altcoin.

NPXS recently announced stacking and burning of chips to reduce their supply. This should help a coin with 236 billion tokens in carrying this project through the Altcoin season.

#2 Holochain (HOT)


Also established in 2018, it contains not only a coin, but also a completely new system, the main assumption of which is to become a better version of the blockchain: focusing on energy efficiency (separate and unrelated nodes) and equality of users (each node is equal to each other). and independent, as well as any coin holder, no matter the number). This mission, according to Armstrong, is the greatest asset of Holochain.

[Holochain] is one of the few projects that has dared to go beyond blockchain. Even though blockchain is still an evolving technology, there are certainly many problems associated with it. Holochain takes the idea of blockchain and develops it, making itself faster and more decentralized.

#3 BitTorrent (BTT)


A platform operating for a long time on the basis of peer-to-peer file sharing, was purchased in 2019 by the founder of TRON (TRX). Justin Sun automatically put the project on the blockchain. Despite such hype, it did not achieve success on the market. Armstrong says the increasing popularity of this Altcoin on TikTok is likely to drive the price up as well.

BitTorrent had a great start, only to fall into oblivion later. However, the recent rise in prices has boosted it. The question is, is there more to it? Well rumor has it that TikTok is now investing in BitTorrent. And this is a similar situation Dogecoin has been in recently. One thing is for sure, the TikTok audience loves cheap coins, so BitTorrent is the perfect solution for them.

#4 Harmony (ONE)


It operated as one of the first projects to develop its IEO on the Binance Launchpad platform. It is a university project in which the project is based on a scalable, secure and advanced blockchain based on sharding technology. Armstrong comments that Harmony basics are his best choice.

Harmony is a good design and it is the most orderly, pure in you. You will be able to solve Ethereum problems by scaling, in the long run thanks to the introduction of sharding technology in ETH 2.0.

#5 VeChain (VET)


A blockchain platform created to support and control the quality of the product supply chain. It allows the creation of decentralized applications and smart contracts, as well as the issuance of tokens. Armstrong ends his list with it, saying that this is an Altcoin that he believes is "impossible to go wrong."

There is no stronger project in the area of supply chain tracking ... The fact is, VeChain is the solution to a huge problem in the world, it has a solid foundation and strong solutions. And that's it, for less than 10 cents. I have been talking about 10% in gold since 1983. Now I will say 5% in gold and 5% in bitcoin.​