Cryptos been on a very wild ride as of the last few months. It's no longer been a upward trend and instead this massive bounce around factor across most sections. Even defi has been getting some love and other assets which is starting to make people wonder if we will see altcoin booms before we see main $BTC value booms again.

Now don't get me wrong there are a ton of bullish factors on both Bitcoin and Ethereum at the moment. But there's other tokens and new layer one blockchains that have been doing fair well as well over the months and growing in values.

One such is Solana in which many people already know about. It seems like a bulk of this often comes from some wild meme coins and people chasing riches which is something we often start to see before the bull market and into the bull market and coming to a crushing defeat towards the end of the bull market.

In this article however I want to go over some others which most people are not paying that much attention to and kind of see how much value these tokens could have.

*This article is for entertainment purposes only and is not financial advice. Do your own research before investing.

The first is...

UNI

UNI or Uniswap has been holding ground well much like bitcoin and even had a strong spike back in March when bitcoin starts to hit it's bull cycle.

While I don't see UNI spiking I do believe it could easily return to those $14 levels and hold decently during a major bull run like we have had in the past.

Many are speculating that that bull run should be coming as we roll into 2025 but then again I heard it was rolling in 2024 which in a way it did as bitcoin has rallied back to it's near ATH and held rather well over the last 6 months.

UNI also has a lot of advantages such as being a DeFi platform, a good general APR and other features which will make it a often sought after token when it comes to high volume trading.

The second is...

NEAR

You often don't hear much about NEAR but it's been around for a while now. Peaking at $20 value in the last bull market and just touching $8 when bitcoin went on a rampage higher this year. It's overall followed rather close to the values of Bitcoin but with a higher percent rate change since it's a lower cost token.

Near is another layer one blockchain and supports the proof of stake model. It also has applications, NFTs, network fees etc. It also supports sharding to allow for faster scaling. They have focused to try to attack three main points of crypto those being Security, Scalability and Decentralization.

Now the negative to near is it has massive rounds of funding with a initial supply of 1 billion tokens with no max supply. Something with that large of a up front drop worries me from seed rounds etc that there are most likely large current holds on the token that could be dumped off during a mega cycle.

Overall what we are seeing is a slow shift but one that's going to take a long while before there is any clear winner. But those days of a clear winner might also be over being that there are so many blockchains that do so much the same well. Instead of one blockchain coming out on top we might just end up with more of a stead flat line across the top 10 or so layer one blockchains being that throughput is so good compared to where it was just four years ago.

What crypto tokens are you currently watching?

Posted Using InLeo Alpha