Prices have fallen A LOT recently and now, we have a great opportunity to buy some new alt coins cheap!!
But which projects are profitable and cheap?
It is difficult to say, but for tech and for price, it can be considered to be good coins:
SUSHISushiswap is a famous decentralized exchange where people can very simple do a swap. It is like Uniswap but different.
For fundamentals, Sushiswap has more swaps per day but in price, it is way below Uniswap. Uniswap and Sushiswap are competitors and Sushiswap is currently very undervalued against Uniswap. Recently, SushiSwap announced to change to Avalanche but no date was set, Avalanche has a very good tech for Defi:
https://cryptofinancialtimes.com/2021/03/16/ethereums-top-decentralized-exchange-heads-to-rival-avalanche/Sushiswap can be a real profitable coin.
For Sushi, it is also important to know because many people will like to eat sushi and will decide for it. It is like many people like Doge.
AVALANCHEAvalanche is a platform project and when it was reviewed by severaly experts, it has always become a very good rating. Avalanche has found out how to make consensus more decentralized by using random subsampling where it's possible to scale unlimited because validation nodes participate in Avalanche consensus. For Blockchain, it's after Bitcoin a huge achievement, Avalanche did it and it works. DeFi projects are starting to use Avalanche because of low fees and fast confirmation. It is big alternative for Ethereum and Binance DeFi products now. Sushiswap has decided to chance to Avalanche because Avalanche has more future:
https://cryptofinancialtimes.com/2021/03/16/ethereums-top-decentralized-exchange-heads-to-rival-avalanche/ Avalanche is definitely a promising coin.
And because it is developed by Cornell University professors, it has a very scientific approvement and reputation.
IOTAIOTA project has very big plans. It needs to be mentioned here for development about IOTA: Devs are planning IOTA 2.0, it will be like Ethereum 2.0 but for IOTA. Not many people know it but when Ethereum 2.0 will be huge, people will also know about IOTA 2.0 and buy huge IOTA. Price can go up a lot.
It has several phases for IOTA 2.0 like for Ethereum 2.0.
Phases of IOTA 2.0 are Pollen, Nectar and Honey:
https://blog.iota.org/iota-2-0-introducing-pollen-nectar-and-honey-de7b9c4c8199/And very important:
SUSHI, AVALANCHE and
IOTA are all active coins and bringing innovation. Always chose innovative coins and avoid old coins. Old coins like Tron, Ripple, Cardano and EOS have a very limited potential for grow, because new, technically advanced coin will outperform it!
Which coin would you buy right now?
All 3 coins above is good, but for now I will choose Sushi because it has its own exchange with a daily transaction volume of around 5100 btc or $ 165m, of course, by having its own exchange, Sushi tokens are easier to skyrocket than Avalanche, IOTA and old coins above.