Top Altcoins I'll be Watching

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As mentioned in my previous post I thought I would share some thoughts that I came up with while I was writing it and some altcoins I'm going to watch during the next alt season so without further delay

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Projects that Started in the Bear Market

One of the projects that I was able to make pretty decent money on during the bear market was Wanchain. I was able to buy at almost the all-time low (at the time) and then sell at almost the top for a 2x return during March of 2018 during the mini alt season that we had during the bear market.

If you bought at current prices it will be a 40 - 50x just to make it back to the all time high price that was reached during the bear market. This coin, if it's still active and can make some waves in the next upcoming alt season, this could easily be a 100x coin from these prices.

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It's recently 2xed and has started to pull back, but as you can see volume is slowly start coming back to this coin on Binance and has increased every week in 2020 so far. If BTC continues to slowly raise the tide for all altcoins to keep an eye out for any other projects that are still around and were released in a bear market. They have yet to see the price action of an alt season and could easily reach new all-time highs.

A few other coins that fit these criteria and come to mind is Chainlink, which is looking super strong right now, Tezos, Ontology, EOS, HOT, and 0x just to name a few. It will be interesting to see what happens when these coins start to break out of accumulation because they should be able to hit all time highs more easily and just take off to the moon.

Solid Projects That Have Been Forgotten

This is where Steem and some other coins I think will start to shine again. As people begin to come back to these projects they will be reminded of why they fell in love with them in the first place and will be impressed with all the changes that have been made.

For instance, on Steem, the bid bots are dead, you can now instantly create accounts on multiple different platforms for cheap or can purchase an Invite token and give them away to your friends so they can join you as well. Holybread or Splinterlands is now a thing. Blocktrades, Dlease, Steem-Engine, Steemworld, SteemLeo, PAL, and a few other projects and communities are still around and going strong.

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BAT or Basic Attention Token is another project that has made huge milestones releasing the Brave browser, which I use on all my devices now, as well as now paying people BAT to view ads. They sent out a poll a few months ago and it sounds like they're looking into setting up a VPN and have some other possible projects on the horizon.

Some other old coins that others may forget about that normally do well in an alt market and have various degrees of improvements going on from very little, to quite a bit, that I'll be watching is Litecoin, Dogecoin, XEM, Stellar, MaidSafe, and Golem are a few others that I can think of as well.

Bear Market News

Most people probably missed it, but during the bear market, the Stellar project burned 50% of its supply and canceled the 1% annual inflation for the project setting the hard cap at 50 billion Stellar. This might not have been big news during the bear market, but I think we will definitely see new highs for Stellar at some point, because of these changes that were made that might not be accounted for in price currently.

As always this is not financial advice I just enjoy watching red and green candles be formed on a chart. It's kind of like a hobby to me and is more entertaining than my old hobby of watching paint dry. If you decide to buy into any of these projects always do your own research and don't rely on a Tweeting cartoon head to make decisions for you.

I would be interested to see other people's thoughts on projects they have been watching through the bear market and think will take off during the next bull run and why. Share your thoughts in the comments down below and smash that "like button"!

Posted via Steemleo



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4 comments
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#posh #twitter #oc and all that jazz sharing my content on Twitter. Thanks again for the help @steemleo so I could get posting again on the Steemleo website. Let me know what alts you'll be watching this year.

Posted via Steemleo

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We never stopped. It's lambo city out there.

I"m really liking all the things that is going on over on Enjin. Hoping for some great games to play in Q4.

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Yeah Enjin is definitely doing a lot of cool things as well. Definitely need to start paying more attention to that one as well.

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Hi, @gniksivart!

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