- Despite the recent positive sentiment in the crypto market, the altcoin season has not truly begun, according to crypto expert Lawrence Mike Woriji from the Altcoinbuzz team.
- Woriji shares some altcoins currently on discount, implying that it would be a smart move to buy them now.
- These include Chainlink (LINK), Avalanche (AVAX), Solana (SOL), and Edu3Labs (NFE).
Explore the potential of discounted altcoins Chainlink, Avalanche, Solana, and Edu3Labs, as shared by crypto expert Lawrence Mike Woriji. Discover why now might be the best time to invest.
Chainlink (LINK): The First Altcoin on the List
If you’ve been closely following the crypto world recently, you’ve likely noticed the buzz around Chainlink (LINK). It’s garnering a lot of attention, and for good reason. Chainlink is doing things a bit differently compared to other projects. Instead of competing with other projects, Chainlink aims to advance the entire sector with its unique approach. How? By addressing a major problem in the blockchain world: creating the world’s first blockchain oracle network. Currently, LINK is trading at $13.88, but it reached $52.70 in May. While it’s about 75% below its all-time high, who knows where it could go as the bull market accelerates?
Next Up, Avalanche (AVAX)
Avalanche is making waves recently, thanks to its growing ecosystem. It’s one of Ethereum’s biggest competitors, focusing on speed, scalability, and security without compromising any. What sets Avalanche apart is its unique approach. Instead of relying on a single blockchain, it has three, each performing different tasks. With this setup, Avalanche can process about 4,500 transactions per second and complete a transaction in under two seconds. Currently, the altcoin price is $34.78, about 77% below its ATH of $144.96, indicating room for growth.
Solana (SOL): A Rival to Leading Altcoin Ethereum
Solana focuses on speed and scalability, making it one of the best Layer 1 blockchains in the market. It’s designed to process a crazy number of transactions per second, making it indispensable for decentralized applications and cryptocurrencies. And the best part? It does this without compromising security or scalability. The altcoin is currently trading at $141.66, about 50% below its ATH of $259.96. Buying Solana now could mean a big win as you’d be getting it at a discount.
Final Altcoin: Edu3Labs (NFE)
We’ve mentioned this project a few times recently, and for good reason. Online learning is rapidly evolving, showing a 900% growth since 2000. Edu3Labs is like the Udemy of Web3, blending blockchain with education. It’s a platform where token holders, students, and content creators come together to make learning more enjoyable. They use the latest AI technology to personalize the learning experience for each user. The NFE token is currently trading at a good entry price of $0.06213, about 79% below its all-time high, indicating potential for rise.
Conclusion
While the views and predictions in the article belong to the expert and are not investment advice, it’s clear that these discounted altcoins have potential for growth. As always, it’s recommended to do your own research before investing.
