This article is Sponsored Content written by a third-party for HachiFi
It’s no longer news that the cryptocurrency market is one of the streams you can leverage to increase your wealth, provided you enter a good project at the right time. Timing is vital when it comes to crypto investment. A project may be good while your time of adoption is bad, this could result in loss.
Also, some not-so-good projects have yielded a high return on investment for high-risk-taking investors that entered the project at the appropriate time. The bottom line is that it’s not enough to only search for good projects, knowing when to make an entry is equally important too.
This article brings you three cryptocurrencies you can monitor to determine the right time of entry before the year ends. These altcoins have a high potential to do well in the coin market, and we review them below:
Waves (WAVES)
Waves (Waves) is one of the top 100 cryptocurrencies on Coinmarketcap by market capitalization. The ERC-20 token is on 180K+ watchlists, with a less than $7 current market price. The token reached its all-time high (ATH) about 4 months ago selling at a market price of $62.36. Analysts believe the current over 89% drop in price won’t go beyond that mark, and individuals willing to risk what they can afford can make entry at this low price point.
Waves (Waves) is a utility token on the Waves platform. The blockchain network has varying use cases including Smart contracts execution and the development of DApps (decentralized applications). The platform launched in 2016, with the aim of bettering the first blockchain platforms in speed, functionality, and ease of use. It has since then undergone several changes and additions of spin-off features boasting DeFi and DEX utilities.
Waves token (WAVES) has an uncapped total supply, and it’s used for standard transactions and payments on the network. The project has been around for a while, which eliminates the fear of rug pull. Indications point to it replicating the progressive rally it made 4 months back, during a bear rally. However, this is still subject to doubts. Thus, do your research.
UniSwap (UNI)
UniSwap token (UNI) is a top DeFi cryptocurrency in the coin market. Most experts have remained bullish on digital assets irrespective of market conditions, due to the functionality of the UniSwap ecosystem. The ecosystem houses various DeFi Apps that serve as an open-source platform for developers, liquidity providers, and traders to participate and leverage the benefits of the financial marketplace.
The decentralized cryptocurrency trading protocol allows users to swap, earn, and build on it. It is a community-governed project with incentives like grants for developers in the community. These features have increased UniSwap’s (UNI) popularity and market adoption. The ever-growing interest in the project has made experts tip it to come in handy as a good buy before the year ends.
The UniSwap token (UNI) is currently on 600K+ watchlists. Crypto enthusiasts are monitoring its movement with the hope of adding it to their portfolio when there’s a strong signal of it reaching a double-figure market price again.
HachiFi (HACH)
HachiFi (HACH) developers understand the importance of use cases and utility to adoption potential and market success. Hence, they ensure this new cryptocurrency project doesn’t fall short in that category. HachiFi is a project that aims to improve crypto adoption, accessibility, and utility through the introduction of innovative concepts and ideas, which includes NFTs, Decentralized Exchanges (DEXs), incentive mechanisms, and Decentralized Finance (DeFi).
The decentralized layer-3 platform aims to take DeFi to the next level by unlocking numerous opportunities for users to earn passive income and also leverage the numerous benefits cryptocurrency can offer. HachiFi token (HACH) will serve various utilities on the platform including NFTs breeding, inventory management, payment of transaction fees, liquidity provision for a stablecoin, staking, etc.
HachiFi’s major selling point would be its unique NFT collections and functionality in the web3. The HACH token will be a Binance Smart Chain (BSC) based token and can be exchanged from wallet-to-wallet. Experts have predicted that HachiFi token will have a great market run, and early presale entry could make it more profitable.
Join the pre-sale and get further information about the cryptocurrency.
