The BIG Altcoin Opportunity You Have Been Waiting For

By Altcoin Buzz
about 2 months ago
AI DIMO X X TRADE

Welcome to the calm before the storm. The calm is the current ‘boring’ sideways action of the crypto market. We’ve seen it all before, and you know when? Before, major bull runs took place after the $BTC halving. 

Now, I can’t guarantee anything. That’s because history doesn’t always repeat itself, but it does often rhyme. So, assuming that a bull run is on the horizon in, let’s say, two to three months, you may want to look for the driver’s seat.  That’s why my team and I found three smaller cap tokens that you want to take a look at. These could do well in the next leg up.

1) Polytrade Finance ($TRADE)

So, I’m kicking this off with an RWA project. That’s also the token with the smallest market cap for today. I’m talking about Polytrade. As you may know by now, RWA is a hot sector. For example, BlackRock, the biggest financial firm, invested in this sector. The Boston Consulting Group even forecasts a $16 trillion market by 2030. 

So, what does Polytrade Finance do in this RWA Market? Well, you know that RWAs are Real World Assets, but in a tokenized format. Polytrade has the world’s first marketplace for tokenized RWAs. These are items like:

  • T-bills -Treasury bills. These are short-term and low-risk debt obligations. They’re backed by the US Treasury dept. Denominations are between $100 USD and $10 million USD.
  • Credit.
  • Stocks.
  • Collectibles.
  • Infrastructure.
  • Commodities.
  • Real estate.

Polytrade has built an impressive ecosystem. It partnered among others with plenty of leading RWA projects. For example:

  • Ondo Finance.
  • Centrifuge.
  • Goldfinch.
  • Clearpool.

Source: X

As backers, Polytrade can boast, for instance, Polygon, Alpha Wave, DWF, and Mastercard. Its marketplace is currently available on nine chains, for instance:

  • Polygon.
  • Arbitrum.
  • Ethereum.
  • Manta and more chains are bound to join. 

Polytrade is currently on V2. This has two verticals. So, besides the RWA marketplace, it also offers Institutional Technology. Furthermore, it also offers its own token technology, the ERC-6960 standard. This token represents the wrapped RWA assets.

It also has its own native $TRADE token. The current price is 71 cents. However, earlier this year, in March, it reached its current ATH of $3.03. Its market cap is $26.5 million. The total supply is 100 million. Currently, 37 million circulate, out of which 15% is already staked. However, 50% is locked up until 2027. Polytrade surely looks good!

2) DIMO ($DIMO)

With DIMO, we enter the DePIN sector. Now, DePIN stands for Decentralized Physical Infrastructure Network. So, DIMO stands for Digital Infrastructure for Moving Objects. This brings us to the vehicle industry.

As a vehicle owner, DIMO allows you to collect, use, and monetize your vehicle data. This is as Web3 as it can get. You are in control of your data. So, in this case, of your vehicle’s data. Let’s take a look at how DIMO works in a nutshell. 

Anybody can build a dApp or service on DIMO. It’s open source, after all. You can now mint your car as an NFT on the Polygon chain. So, it’s also EVM compatible. Next, you can choose if or when you want to monetize your data.

So, anybody, all over the world, can make their car smart and programmable. Sign up and get immediate access to a series of connected car applications and services. DIMO claims that its platform is compatible with any car built in or after 2008. 

Now, car companies collect your car data and use them. This improves safety and helps the companies. However, they also monetize the data of your car. DIMO allows you to get a share of this. So, if you want to install DIMO in your car, here’s a short explanation:

  • Download DIMO on your mobile through the car companies app.
  • Connect your DIMO app.
  • Now you can drive, earn, and save.
  • That’s how easy it is.

The $DIMO token price is 14 cents. Its market cap is $33.8 million, so still small. There’s a max and total supply of 1 billion tokens. Currently, 236 million $DIMO circulate. Its ATH was in December 2023 at 73 cents.

3) ChainGPT ($CGPT)

With ChainGPT, we enter the last of the current three most important sectors, AI. It aims to help users like you and me, businesses, and developers. 2 You can ask its chatbot any crypto or blockchain-related question. ChainGPT should give you a fast, accurate, and up-to-date answer.

To give you an idea of what kind of questions you can get answers to, check this out:

  • Blockchain analytics.
  • AI trading.
  • Smart contract development and auditing.
  • NFT creation.
  • AI auditing. 
  • Risk management.

Source: X

So, don’t hesitate to interact with the platform. It also has more features, besides the chatbot, like, for example:

  • AI generator and auditor.
  • An AI Trading Assistant.
  • NFT generator.
  • A launchpad and much more.

So, it’s a diverse and compact platform with a potential great future. The current $CPGT token price is 13 cents with a $71 million market cap. The max token supply is 1 billion and 545 million circulate. It saw its ATH earlier this year, in March, with 55 cents. 7 So, there should be plenty of room for growth.

So, are you familiar with any of these projects? Let me know in the comments which one is your favorite and why.

Injective

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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