The market is back to reed. Everyone is very scared. There’s extreme fear going on in the Fear and Greed Index and everyone’s gonna be scared especially if you‘re new into crypto.
CryptoBusy, a big Channel on Youtube focused on the cryptocurrency space, has highlighted the top 5 altcoins to 100x with very low cap in 2022, giving you a great opportunity to gain huge profits in the future.
The first altcoin on the list is Utrust (UTK). Utrust (UTK) was designed to provide a solution to the problems resulting in the low usability of cryptocurrency as means of payment, particularly the underdeveloped transactional security of payment platforms and relatively high fees.
It’s a project trying to solve a lot of issues with sending money from one place to another. It does have the ability to go much higher than that. Utrust is trading at $0.28 at press time. But Tom, the host of CryptoBusy predicted that UTK can go upwards of around $2, especially in this bull cycle. It is ranking at number 342 with a market cap of over $130 million.
UTK Chart | Source: Coinmarketcap
Ethernity Chain (ERN)
The second altcoin on the list is Ethernity Chain (ERN). Ethernity Chain is a blockchain-based platform that allows users to take advantage of the increasing popularity of NFTs. The developers position it as a DeFi crossover project with authenticated NFTs. In the Ethernity Chain ecosystem, all NFTs can be bought and sold on-chain.
They are growing and are multi-billion dollar year industries. So that’s really cool to see and lots of companies are pumping in billions of dollars into research and funding these areas. They try to solve the sectors and all that sort of important stuff, too.
ERN is changing hands at $6.19 for now, ranking number 439 by its market cap of over $80 million. This is a very small market cap, it means that ERN still has a lot of room and a huge potential to explode in the future.
ERN Chart | Source: Coinmarketcap
Reserve Rights (RSR)
The next altcoin to mention on the list is Reserve Rights (RSR). Reserve Rights is a dual-token stablecoin platform that was launched in May 2019 following a successful initial exchange offering (IEO) on the Huobi Prime platform.
What it’s trying to solve in the stablecoin industry. You’re going to be seeing a lot of regulations this year when it comes to stablecoins. So with that adoption of stablecoins, and also with the regulation, we’re going to be seeing good regulation for stablecoins in the United States, in Europe, and across the world. Then, we could be seeing Reserve Rights do well.
RSR is trading at $0.17, ranking in the top 200, and its market cap at press time is over $235 million. This is a very low cap, but huge potential to have a price improvement this year.
RSR Chart | Source: Coinmarketcap
Enjin Coin (ENJ)
The next altcoin to mention is Enjin Coin (ENJ). Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin’s flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.
Enjin coin has had a lot of publicity before and taking into account the popularity of DeFi, but also the multi-billion dollar gaming industry as well.
A lot of really cool stuff is going to happen with the combination of blockchain technology in the gaming industry.
ENJ is changing hands at $1.85, ranking at number 62, and the market cap is over $1.5 billion. It’s a super undervalued project.
ENJ Chart | Source: Coinmarketcap
Atari Token (ATRI)
The last altcoin to mention on the list is Atari Token (ATRI). Atari Token is a decentralized cryptocurrency based on the Ethereum (ETH) blockchain. It was designed by Atari Chain Ltd. — a subsidiary of the video game and consumer electronics firm Atari Interactive — specifically for the needs of the interactive entertainment industry.
Atari’s plan for its ATRI token is to become a universal means of payment for the video game industry, allowing developers and publishers new options for monetization of their products, integration of smart contracts, protection of in-game assets, and more.
ATRI is trading at $0.03, ranking at number 537. It has about 1 billion to 1.5 billion Atari in circulation. It’s an all-time high of around $0.65.
ATRI Chart | Source: Coinmarketcap