Top 10 Cryptocurrencies You Can Buy While They’re On Sale

Top 10 Cryptocurrencies You Can Buy While They’re On Sale

By Cryptalker | Cryptalkers | 26 May 2021


 

The bear market is here! While others are fearful, this is the perfect time to get greedy in order to make massive potential profits later on.

1*MN-03dttv4NpY7p56ll6rA.jpeg Photo by krakenimages on Unsplash

The crypto rollercoaster is not over. Bitcoin tried to push past $40,000 but got pushed back. Bears are still in full control. With that said, we might see Bitcoin dip even further than $30,000 if this continues.

While most people are fearful and have cashed out (paper hands), this is actually the best opportunity to be bargain hunting. Since the price of Bitcoin has dropped significantly, all other cryptocurrency prices have also plummeted.

If you’re a smart investor, you would have had 20% of your funds always free for trading in case these opportunities arise. If not, let that be a lesson for now.

Here’s a tip. In order to secure your funds from the ongoing battle between bears and bulls, you can put it in Tether (USDT), Binance USD (BUSD), True USD (TUSD), USD Coin (USDC), or DAI. These coins stay relatively close to $1.00 and is not affected by the price fluctuation of Bitcoin.

Bitcoin and Ethereum are always good investments, especially now that they’ve dropped more than 50% in price from their ATH (all time highs). If you want to dip your toes into other tokens, here are 10 other good alternatives that you can buy while they are crazy cheap.

#1. Bunny Finance $BUNNY

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$Bunny is a DeFi yield farming aggregator and optimizer for Binance Smart Chain (BSC) and Ethereum (ETH). It was a recent victim of a flash loan hack which caused its price to tumble down to a low of $8 from an all time high of $700. Of course the Bitcoin drama is not helping but all things considered, $Bunny released a concrete plan on how to compensate investors for money lost and how they can avoid the same thing from happening moving forward.

Once the market is more stable, $Bunny may increase significantly in price and hover back near its ATH (all time high).

According to CoinMarketCap $Bunny is currently priced at $25.

It is available on PancakeSwap.

$BUNNY Contract Address: 0xc9849e6fdb743d08faee3e34dd2d1bc69ea11a51

#2. Lympo Market Token $LMT

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$LMT is a utility token that is designed to be the currency of purchase, utility, and attribution of sports-themed digital collectibles (in the form of non-fungible tokens, NFTs) in and outside of various games.

Before the Bitcoin crash just a few weeks ago, $LMT was trading at $2.67 per token. Right now, it’s priced at $0.5047 according to CoinMarketCap.

You can also stake your $LMT in exchange for points that can be used to redeem exclusive NFTs. You can stake your $LMT on https://nft.lympo.io/ which currently runs on the Ethereum network.

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$LMT is joining Binance this June as one of the pioneers in their NFT crafting and trading platform. This could be huge for $LMT and a steal at its current price. $LMT is tradeable on UniSwap or PancakeSwap. With ridiculous fees on the Ethereum network, it would be a better idea to use PancakeSwap to buy $LMT.

$LMT Token Addresses:

Eth: 0x327673ae6b33bd3d90f0096870059994f30dc8af

Bsc: 0x9617857e191354dbea0b714d78bc59e57c411087

#3 Wault.Finance’s WaultSwap $WEX

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$WEX is a new DeFi (Decentralized Finance) token of Wault.Finance. WaultSwap aims to be a serious competitor for PancakeSwap. Like any DeFi, they have different farms and pools in which you can stake your $WEX and earn rewards.

What separates $WEX from other DeFi platforms is that they offer insanely huge APRs and APYs through their different partners.

I was closely following $WEX and invested in their farms and at one point, their APY reached 100 Million %.

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They are also doing frequent token buybacks and burns in order to bring down the circulating supply of $WEX. WaultSwap is just a few weeks old but at the rate they’re going, they might outshine PancakeSwap.

If you want to trade $WEX and learn about its generous APYs and APRs, you can read this article.

$WEX is currently priced at $0.032 according to CoinMarketCap. It was just listed recently on CoinMarketCap so you don’t see the all time high price of $0.3 before the Bitcoin crash.

You can buy $WEX on PancakeSwap or through https://swap.wault.finance/

$WEX Contract Address: 0xa9c41a46a6b3531d28d5c32f6633dd2ff05dfb90

#4 Polkadot $DOT

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Polkadot is an open-source sharding multichain protocol that facilitates the cross-chain transfer of any data or asset types, not just tokens, thereby making a wide range of blockchains interoperable with each other.
The Polkadot protocol connects public and private chains, permissionless networks, oracles and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot relay chain (explained further down).
Polkadot’s native DOT token serves three clear purposes: providing network governance and operations, and creating parachains (parallel chains) by bonding. -CoinMarketCap

The keyword here is parachain. After ten long months of agonizing work, the team behind Polkadot is finally able to launch and implement parachain networks. This article from Polkadot explains this new feature in great detail.

Kusama Network is one of the first tokens to test and utilize this feature.

This parachain launch and partnership with Kusama might spell huge gains for Polkadot.

At the time of this writing, Polkadot is priced at $19.25 according to CoinMarketCap. $DOT had all time highs of $48 before the Bitcoin Crash.

Polkadot is available on the Bsc network and tradable on PancakeSwap.

$DOT Contract Address: 0x7083609fce4d1d8dc0c979aab8c869ea2c873402

#5 Binance $BNB

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$BNB is a native token of the Binance trading platform. Binance aims to dethrone ethereum from its current seat.

According to Copper.co Binance Smart Chain shows the total value locked in its DeFi smart contracts at $34.7bn, 60% of Ethereum’s figure, with a growth of 152% in the 30 days between mid March and mid April 2021.

Here’s a visual on how Blockchain transactions are moving versus transaction fees.

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Right now a trade on the Binance Smart Chain is under $1.00 compared to Ethereum’s $40–$400 per trade. It’s a no-brainer why people are switching over to the $BNB train.

$BNB hit an ATH of $672 last May 10, 2021. It’s currently priced at $262.45 according to CoinMarketCap and is slowly dipping since Bitcoin is also going down.

It’s a great opportunity to scoop up more $BNB before it’s upcoming NFT Platform launch this June.

Binance is available on the Binance App and on most trading platforms.

#6 Polygon (previously Matic Network) $MATIC

Since most people are moving from Ethereum to Bsc (Binance Smart Chain), Bsc is bound to experience network congestion every now and then (until it finds a fix). Just this month alone, there were a few instances where Bsc was so overloaded that transactions just stopped altogether. This caused huge losses to some traders which left a bad taste in their mouths.

People are looking for alternatives and $MATIC is stepping up.

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem.

Basically you can convert Ethereum based assets over to the Polygon network and free yourself from expensive $ETH fees through https://wallet.matic.network/

If this is something you’re interested with, Polygon made a walkthrough which can be found here.

$MATIC is currently priced at $0.94 according to CoinMarketCap. Earlier this week when Bitcoin started dipping, and the rest of the coins followed, $MATIC actually held strong and even reached an ATH of $2.4 before finally giving in. That just shows promise if anything else.

If $MATIC does gain more traction against ethereum and bsc, the price of $0.94 is definitely a steal.

1*5hks5c7coEa_TvXSLKfu2A.jpeg Photo by Maxim Hopman on Unsplash

Some of the coins that I’m also currently looking at which might make a good bounce after this dip are the following:

7. DFINITY InternetComputer $ICP — Current price $137.69 from an ATH of $600.

8. Ripple $XRP — Current price $0.75. This can go both ways depending on how the SEC lawsuit goes. BitBoy Crypto predicts this can go as high as $295 if they win the SEC case or it could halt trading completely.

9. AutoFarm $AUTO — native utility and governance token to the Autofarm protocol, a yield aggregator that enables users to get a high return on their assets from yield farming pools by staking in Autofarm vaults.

ATH of $12,662 last February 19, 2021. The current price is $1,124.77 according to CoinMarketCap.

You can buy $AUTO on the Bsc network platform or directly on https://autofarm.network/

Bsc Contract Address: 0xa184088a740c695e156f91f5cc086a06bb78b827

10. Solana $SOL — a rising super star in crypto, perhaps a black horse, in all these exchanges. Solana is a fast, secure, and censorship resistant blockchain providing the open infrastructure required for global adoption.

Solana can process 50k transactions per second.

I didn’t believe it until I tried. I transferred $SOL to my Solana wallet and it was there a split second after.

$SOL is new coin but is growing at an exponential rate. Solana soared to its ATH of $55.91 after it got listed on Coinbase. Coinbase is pretty picky when it comes to tokens that it supports. So that also tells you how solid a project Solana is.

At the time of this writing, $SOL currently is priced at $23.14. Other than Coinbase, $SOL is also available on other major exchanges like Gate.io.

Contents in this article are not meant to be taken as financial advise. Always do your due diligence before buying any coin or investment.

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Do you want to know which next crypto has the potential to moon?

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This exclusive Discord group is ideal for traders with a bit of experience to expert traders but they also have tutorials available for new investors.

Below are some of their TrustPilot Reviews if you’re not convinced.

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Cryptalker
Cryptalker

I write about game-changing cryptocurrencies. (Not to be taken as financial advice)


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