The crypto market is known to literally make people rich overnight. In fact, 2021 was the year of cryptocurrencies, and most alternatives all-time highs in terms of growth. But the start of 2022 has seen most of these tokens lose some momentum. But can you get rich with altcoins? Here are some highlights:
Altcoins have shown that they have the highest growth potential compared to traditional tokens like Bitcoin and others.
In 2021, some altcoins posted gains of over 10,000%, with demand growing throughout the year.
Altcoins also offer some of the most exciting blockchain projects in the world right now.
Well, if you want to get rich on altcoins, here are two undervalued tokens you can consider:
Anchor Protocol (ANC)
The Anchor Protocol (ANC) is an innovative DeFi project that is based on the Terra network. It is designed to offer frictionless access to a suite of DeFi products with better speeds and efficiency. What makes this an exciting project is the fact that it is under the radar.
Data Source: Tradingview.com
It is also worth mentioning that the Terra network where it is being built is also a hot project. There’s also plenty on TVL for ANC, making it a decent bet for the future. At the time of writing, the coin was trading at $2.23 with a market cap of around $465 million. If you are looking for a decent DeFi project for the future, check this out.
The provenance blockchain it is actually a promising project, so there are no tokens available yet. But it has several promising key features. The platform is an open source ecosystem for building and deploying blockchain DApps. It is getting a lot of attention from major financial players and could be a great bet for future growth.