In Today’s post, we are going to take a look into some of the more promising projects out there, some higher risk coins, mid-tier coins, and what to look for during this inevitable smash upwards. Bitcoin closed above $50k for an entire month for the first time in history. Alt season will follow. With most of the halving still not priced in, people are going to look for other outlets to hopefully flip a bag and net more Bitcoin while there is still a chance to buy some on the open market.
Only 21M Bitcoin total, and there are over 50M users on CoinBase alone. That means, there is literally not enough Bitcoin for every CoinBase user to have even 0.5 Bitcoin. That is not even including the myriad of other exchanges out there. Strap in.
As always, do your own research before making any kind of investment, and do not take this post as financial advice.
Binance Smart Chain ($BNB)
As you know, I am pro $bnb over $eth due to the network being faster and cheaper. Not to mention, $bnb already processes more daily transactions than Ethereum. At the beginning of the year, $bnb was trading at $40. Now, it is trading at $400. Ethereum is $1900. It does not take a rocket scientist to figure this one out. $bnb (Binance Smart Chain) continues to fly as many projects built on the network are worth hundreds of millions and some are worth billions. That Ethereum evaluation will become weaker and weaker as $bnb grows.
Yield farming (or liquidity mining) is a way to generate crypto with your existing holdings. Using platforms like PancakeSwap, you can generate yield on the Binance Smart Chain. As we'll see with the next metric, the fees are extremely low on BSC. This makes it ideal for smaller players to enter the yield farming scene and get their fair share of the available crops.
Critics say that $bnb is basically centralized so that if regulations came on the binance exchange itself, $bnb would go down with it. But this worry is not exactly founded in reason, and there is little data to show that Binance Smart Chain can’t be fully decentralized. It does the job Ethereum is trying to do, better.
Pi Network ($PI)
The Pi mobile app acts as a cryptocurrency wallet, linked to a user’s phone number or Facebook account. As with other public blockchains, the Pi blockchain will allow external wallets to hold Pi coins and transact with them by submitting transactions directly to the blockchain. However, unlike other blockchains, its developers have not yet released its source code.
Critics worry that this type of mining lends little confidence in the team, and that, there could be a rug pull after mining the coin from your phone for however long you decide to do.
As with other digital coins at launch, the Pi cryptocurrency value is likely to start at a relatively low level against the US dollar and rise as its usage grows. What do some of the price forecasts suggest?
The Pi cryptocurrency is planned to launch during the third phase of the development of the Pi Network. A date for the launch has not been set – it will depend on the progress of the testing phase and the subsequent listing on cryptocurrency exchanges.
In the meantime, algorithm-based forecasting service Wallet Investor has a Pi Coin price prediction of $0.0132, with a downside of $0.00743.
Depending on the number of cryptocurrency users and exchanges that adopt Pi, the bull case could see the price of Pi reach $1 if it launches by the end of 2021, according to crypto exchange Changelly. Over the longer term, the price could rise to $5 by 2025, Changelly predicts.
Still, for a project you can currently mine in the background of your phone, the project seems to have some upside barring a rug pull.
Zilliqa ($ZIL)
Zilliqa is the first public blockchain designed to implement sharding, allowing for linear scaling as the blockchain grows in size.
Zilliqa fundamentally changes how a blockchain reaches consensus. Their sharding solution scales with the size of the network. Theoretically, there’s no limit to the number of transactions Zilliqa could process per second. Practically, however, depending on the number of nodes on the network, Zilliqa could process tens or hundreds of thousands of transactions per second.
However, Zilliqa also promises to support smart contracts. Running smart contracts on a sharded network is a major technical challenge for Zilliqa.
Bitcoin and Ethereum’s networks of tens of thousands of nodes can still only process 3-15 transactions per second (excluding the Lightning Network). In contrast, tests on private testnet (AWS virtual test) have shown that Zilliqa’s network has a throughput of 1,218 tx/s when 1,800 nodes are operating. Increase the number of nodes to 3,600, and Zilliqa’s network scales to 2,488 tx/s. Simply absurd numbers that are no longer impossible.
The most recent major milestone was the main net launch on January 31, 2019. The initial launch is set for bootstrap mode, with mining rewards allocated but no transactions allowed. This is to safeguard the network against early attacks. Zilliqa will enable smart contract functionality and transactions during the first quarter of 2019. After that, the token swap to native Zilliqa tokens will begin.
Order of the Black Rose ($OBR)
The live Order of the Black Rose price today is $297.06 USD with a 24-hour trading volume of $99,201.00 USD. Order of the Black Rose is up 5.02% in the last 24 hours. The current CoinMarketCap ranking is #3070, with a live market cap of not available. The circulating supply is not available and a max. supply of 50,000 OBR coins.
Role Playing (RP) NFT Cards on both Blockchains - BSC & ETH
Holding 10 $OBR or more, yields an NFT drop depending on the amount you have. I can speak from experience that I had over 10 $OBR for a while and received 2 seperate NFTs. One with only 12 in circulation and one with only 52 in circulation.
This coin is extremely volatile making it prime for intraday trades and scalping. Definitely worth keeping an eye on, or simply holding to bet on the NFTs creating more value.
JulSwap ($JULD)
JulSwap (Previously as SwapLiquidity) is the equivalent of Uniswap on the Binance Smart Chain. SwapLiquidity offers the same Trading Engine and analytics as Uniswap and some additional features from Sushiswap. Key features include:
Faster and cheaper
Supported through the JustLiquidity Protocol
Stake your JULb Tokens
Based on the Binance Smart Chain
Users can get their Token Bridge from ERC20 to BEP20 and use both chains
Personally, this is my most used swap by far. More than UniSwap, SushiSwap and PancakeSwap combined. I have not experienced any issues using this software in tandem with MetaMask and TrustWallet.
The beauty of this swap is that it is cheaper and faster than its competition, it is completely undervalued trading around $0.18 at the time of writing, and one of the strongest communities I have ever seen. The team is actively working and all of the skepticism around its launched has been pretty much squashed. It reached an all-time high of $0.72 this year, and it was created on Jan 1, 2021.
JulSwap is perfect for staking or holding, as well as, using for trading BEP20 tokens.
WePower ($WPR)
WePower is a blockchain-based green energy trading platform that connects energy buyers (households and investors) directly with the green energy producers.
The WPR ERC-20 token functions as a payment method on the WePower Network, which aims to standardize and enhance liquidity of the existing energy investment ecosystem, thereby translating into reduced prices for network participants.
In Jan 2018, Elering signed an agreement with WePower to join the Estfeed smart grid platform.
WPR token is a utility token that offers access to the energy donation pool constantly filled with 0.9% of energy sold via the auctions WePower platform. It also serves as a priority access to the energy auctions. The WPR token holders for the 48h of every auction can purchase energy amount equal or less to the share of all WPR tokens they hold.
Green energy project developer announces a plant token sale on the WePower platform and releases energy tokens. 0.9% of these energy tokens are automatically put into the contributors pools. Only WPR token holders have access to this pool. Once the plant is built and the energy is produced WPR token holders just like energy token holders can use the energy, cash out or re-invest into growing the contributions pool.
Total supply is 745,000,000 and it is currently trading around $0.06.
TrustWallet ($TWT)
Trust Wallet Token, or TWT, is a simple BEP-20 utility token that provides a range of benefits and incentives to Trust Wallet users. Trust Wallet itself is a mobile cryptocurrency wallet that supports dozens of popular native assets, in addition to popular tokens on the Ethereum, Binance and TRON blockchains.
Holders of TWT tokens unlock a variety of benefits when using Trust Wallet, including discounts on in-app cryptocurrency purchases and on the use of decentralized exchange (DEX) services. TWT holders can also participate in the governance of Trust Wallet and can vote on Trust Wallet update proposals, helping to shape the development of the app.
Trust Wallet Token was initially launched as a BEP-2 asset on Binance Chain, but was relaunched as a BEP-20 token on Binance Smart Chain in October 2020.
However, the fact remains, Bitcoin is King. People peddling the idea that other coins are more valuable are mistaken. Most of these projects exist to move Bitcoin from weak hands to patient hands. But, the opportunity still exists for value to flood and bags to jump.
This is going to be the biggest year for crypto the world has seen thus far. Might be smart to learn something new and find a new plan.
Until Next Time Guys, Think Free & Stack Sats!
GRACE & PEACE