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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

The Underdogs: Under The Radar Cryptos Looking Towards Next Year

sol
sol
Last Updated: November 1, 2021 5:24 am
2 mins read
Cryptos are constantly evolving when it comes to positioning in the market.

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We hear and read about small cryptos and tokenized projects exploding over night, and many never hear of them weeks, days and hours before they got their success. We often wonder where these coins come from, and how many people don’t hear about them until they are mainstream.

We’ll take a look at a few mid-cap cryptos that are on the radar, but have potential to become mainstays:

No Need To Fear, The Underdogs Are Here

Vechain 

Market cap: ~$11.29B

VeChain is a blockchain platform designed to enhance supply chain management and business processes. It’s goal is to streamline these processes and information flow for complex supply chains through the use of distributed ledger technology (DLT). Vechain was founded in 2015 by Sunny Lu, the former chief information officer of Louis Vuitton China. The platform started as a subsidiary of Bitse, one of China’s largest blockchain companies, and is among the few blockchains that already have a substantial customer base among established companies.

Vechain has recently surged into the top 25 of largest market caps amount crypto tokens.

VECHAIN: vechain  currently trading at $0.13 vechain-USD on TradingView.com

Related Reading | GreedSwap: Super Producers Cool And Dre Help Launch New Coin & Crypto Label

More Cryptos To Keep An Eye On…

StormX

Market cap: ~$289M

StormX is a decentralized platform where online shoppers can earn crypto in shopping rewards, with $STMX being the platform’s governance token. It is also used to store value in the upcoming line of StormX Debit Cards. The Seattle-based platform has been introducing people into the world of cryptocurrencies through a unique approach. By introducing the idea of “cashback via cryptos,” online shoppers can gain gradual exposure to cryptos by earning as they shop. This allows users to earn cryptocurrencies such as Bitcoin, Ethereum, stablecoin Dai, and also StormX’s native token. Stormx has partnered with world banks and has alot to look for in the years to come.

Hedara Hashgraph

Market cap: ~$4.07B

Hashgraph is a distributed ledger technology that some call the alternative to blockchains; the technology is currently patented, and the only authorized ledger is Hedera Hashgraph. The native cryptocurrency of the Hedera Hashgraph system is $HBAR. The Hedera Consensus Service offers applications direct access to the native speed, security, and fair ordering guarantees of the hashgraph consensus algorithm; using this service, clients can submit messages to the Hedera public ledger for time-stamping and ordering. The platform is anticipating a mainnet upgrade next week.

With about 6,000 cryptos active today, it can be difficult to draw the line between meme tokens and established tokens. Additionally, projects constantly change and grows – what’s hot today isn’t by the end of the night, but this leads to new and awesome discoveries.

Related Reading DRepublic Launches World’s First Combinable NFT Platform, ‘MetaCore’ Using EIP-3664

 

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

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