The crypto market went through numerous ups and downs in 2021, which reflected its volatile and speculative nature. While Bitcoin and Ether, the two biggest cryptos in the world, managed to keep growing despite the crypto market’s turbulence, their performances were overshadowed by certain altcoins. In the months to come, altcoins are set to register further growth, and here are 5 altcoins that you should watch out for in the 2 – 3 months ahead.
1. WorldCoin (WDC)
Backed by big names in the crypto world such as Digital Currency Group and Coinbase, World Coin has real-world applications due to its in-built individual authentication. The WorldCoin project is headed by former Y-Combinator CEO and Silicon Valley veteran Sam Altman. Right now, pilot tests are being run by the project in Nigeria and Chile.
2. Decentraland (MANA)
Decentraland is an Ethereum blockchain-powered virtual reality platform. Through Decentraland, users are able to not just create and experience content, but monetize it as well. According to TP Global FX’s global CEO Nitish Sharma, Decentraland is a token for the future.
3. The Sandbox (SAND)
Through Sandbox, users can create custom NFTs for a variety of gaming assets such as swords and skins. Sandbox is an altcoin that’s rapidly rising in the gaming community.
4. Algorand (ALGO)
Algorand is a blockchain network that’s open-source and permission-less, which means that anyone can build on this blockchain. The token can process more than 1,000 TPS or transactions per second.
5. Connect Finance (CNT)
Connect Finance is attempting to bring traditional markets (Real Estate, Forex, etc.) and the crypto market together. Connect Finance users don’t need to rely on any third-party payment instrument for exchanging value within the ecosystem.