In our new LATOKEN review, we want to highlight three altcoins that some analysts believe are undervalued and might have growth potential. Not so long ago, we wrote about one of them. But as always, please, do not forget that you must stay up to date when dealing with crypto, do your own research, and don’t rely on others.
One of the traders in his recent video named several altcoins that may have the potential to rise in price by more than ten times. Polygon (MATIC), Curve DAO Token (Curve), and Sushi (SUSHI) tokens may have such growth prospects.
Polygon. LATOKEN review
After a significant increase in the past year, the Polygon token may be in a short-term correction phase. However, it is impossible to say for sure whether the altcoin price will be able to stay below $2.2 as part of the correction. There might be a possibility that after the accumulation of volumes, the altcoin will return to impulse growth.
On January 7, the Polygon token was traded at about $2.157 on the LATOKEN crypto exchange. Over the week, the altcoin dropped in price by 5%, and its capitalization fell to $16.4 billion, according to CoinGecko. At the end of December, the crypto updated its all-time high above $2.9.START TRADING MATIC
Polygon (MATIC) is an Ethereum-compatible second-tier sidechain powered by the PoS (Proof-of-Stake) algorithm. This network is faster and with lower fees than the main Ethereum network.
Curve DAO Token. LATOKEN review
We would like to remind you that the Curve Finance network’s total blocked asset price (TVL) exceeds $24 billion. At the same time, the capitalization of the CRV token is less than $2.4 billion. It is believed that in the coming year, this altcoin might grow to increase its capitalization and bring it to the TVL level.
On January 7, the CRV token was trading at $5.078. You can buy this token on the LATOKEN exchange. Over the week, the cryptocurrency has risen in price by 27%, and its capitalization has increased to $2.37 billion. In August 2020, this altcoin updated its all-time high above $54.START TRADING CRV
Curve Finance is a decentralized trading platform for exchanging cryptocurrencies and stablecoins. The exchange has issued its own CRV governance tokens, which allow holders to participate in the project’s development.
Sushi. LATOKEN review
Analysts and crypto enthusiasts believe that the current $1.6 billion capitalization does not match the potential of the SushiSwap trading platform. Many hope that the SUSHI token will be able to rise in price by more than ten times shortly.
On January 7, the SUSHI token was traded at about $6.87 on the LATOKEN exchange. Over the week, this altcoin fell in price by 5%, and its capitalization decreased to $1.6 billion. In March 2021, the crypto renewed its all-time high above $23.3.START TRADING SUSHI
SUSHI is the internal token of the SushiSwap decentralized trading platform, which is implemented on the Ethereum blockchain. Users can make a deposit to trading funds and receive a percentage of it in SUSHI (SushiSwap) tokens.
- Ranked #2 worldwide in the startup tokens primary market with 220+ IEO’s since 2017.
- Has over 2 mln registered users, over 1 mln Android app installs.
- Is in the TOP 10 of CoinGecko rank by the amount of token pairs and coins listed.
- VCTV, a live streaming panel with high-profile industry leaders, produced over 500 shows to advise traders and investors how to navigate the crypto world with discussions, news updates, and interviews.
- Advisory Board includes former CFOs from JP Morgan and Paypal.
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LATOKEN crypto exchange does not provide any investment, tax, legal, or accounting advice. This article is written for informational purposes only. Like other assets, cryptocurrency is subject to market risk. Please do your own research and trade with caution.