Want to follow Institutional Capital? Watch these 3 altcoins

It’s very common for individual investors to follow institutional capital or what is often called smart money. Well, crypto has over the last few years warmed up to institutional investors, and here are some of the reasons why:

  • Main crypto assets like Bitcoin and Ethereum are seeing adoption with insane market caps right now.

  • We are also seeing a lot of crypto innovations in unique projects that appeal to deep-pocket investors.

  • Crypto has become too big to ignore, and institutional capital will continue flowing in for years to come.

As for investors who want to follow the smart money, the following are the top 3 altcoins you should be watching:

1. Enjin Coin (ENJ)

There have been a lot of moves over the last few years towards the metaverse, and it’s not hard to see why. Major tech giants like Facebook, Google, and even Apple are pouring a lot of money into this. 

Data Source: Tradingview 

As a result, institutions are looking for ways to profit, and buying coins like Enjin (ENJ) is a big part of that. Watch this token closely over the coming months, and you will see a lot of institutional money.

Want to learn how to safely invest in Enjin Coin? Check out our comprehensive Enjin Coin buying guide here or purchase from our recommended platform below!

2. Yearn Finance (YFI)

As interest in the metaverse continues to grow, there is also equal and more robust interest as well towards decentralised finance or DeFi. There are many projects here, but Yearn Finance (YFI) is one to watch. Right now, this project has a market cap of $844 million. It has so much room to run in the coming years.

Want to learn how to safely invest in Yearn Finance? Check out our comprehensive Yearn Finance buying guide here or purchase from our recommended platform below!

3. Near Protocol (NEAR)

The Near Protocol (NEAR) is a state-of-the-art blockchain that looks to offer an alternative to Ethereum. It is fast, efficient, and more affordable. Although there are many Ethereum scaling solutions out there, NEAR is indeed one of the most promising ones. It is a big watch for institutional money right now as well.

Want to learn how to safely invest in Near Protocol? Check out our comprehensive Near Protocol buying guide here or purchase from our recommended platform below!

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The top underrated meme coins that could deliver insane growth

A meme coin resting on a keyboard

There are a lot of investors who made millions of dollars from Shiba Inu back in 2021. So, it’s natural that you will be looking for the next SHIB or that meme coins that will grow 100x or more in just a few months. But why meme coins? Here are some facts:

  • As history would have it, meme coins have often exploded really fast, leading to massive gains.
  • The hype around meme coins will not go away even as the crypto market sees more innovative projects.
  • There are many meme coins to buy, but not all have that prospect of growth that you are looking for.

Finding underrated coins is not always easy. But here are three options that should be on your watchlist:

Looser Coin (LOWB)

The challenge for most meme coins is that they can easily be dumped by founding whales when the price is right. Loser Coin (LOWB) does not offer that risk.

Data Source: Coinmarketcap

In fact, this coin was founded by two poor guys from China and has been in circulation for quite some time. But more importantly, the coin has a market cap of just $3.5 million, so you have so much potential in there.

Tiger King (TKING)

Tiger King (TKING) is another meme coin that is largely inspired by the TV show by the same name. We have had some controversy around the Tiger King himself, but that only served to create the buzz around the coin. While we are not saying TKING will be the next SHIB, it is worth watching. The coin has a market cap of $4 million.

ElonBalls (ELONBALLS)

ELONBALLS (ELONBALLS) has incorporated NFTs into its ecosystem to try and add some fundamental factors. It is also an unknown and underrated coin with a market cap of $5 million. There is a chance that ELONBALLS could become huge in the years ahead.

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These are the cheapest cryptocurrencies for small account holders

Small account holders often find a lot of capital limitations to enter large positions and profit from them. But the crypto market offers a series of cheap assets that you can buy for pennies on the dollar. But before we get to list them, here are some facts:

  • By cheap, we do not mean coins selling for the lowest price. We mean coins that are underrated in terms of pricing.

  • Buying cheap coins has advantages since the actual value of a coin will eventually be manifested in the long run.

  • The crypto market right now is full of cheap coins, including those that dipped massively during the January crash.

So, what are some of these cheap coins, and what merits do they have as investments? Here is a breakdown:

Oasis Network (ROSE)

The Oasis Network (ROSE) is a fast layer 1 blockchain that puts privacy at the core of its operation. The chain also fosters what it calls open finance in the data economy and is built on the Cosmos SDK. 

Data Source: Tradingview 

Oasis is seen as one of the most notable projects in DeFi and is quite undervalued. At press time, the coin had a market cap of slightly above $1 billion. One single ROSE was also trading at $0.2958.

BitTorrent (BTTOLD)

BitTorrent (BTTOLD) is one of the largest and most popular peer-to-peer file-sharing protocols. It’s actually a platform that has been here for quite some time but its crypto assets are fairly recent. BitTorrent is right now outside the top 200 crypto assets by market cap but it’s very cheap.

White Coin (XWC)

With a market cap of around $400 million and a price of about $0.5, White Coin (XWC) is a very undervalued token that should be ideal for small accounts. This project is designed to offer easy cross-chain asset management in the blockchain ecosystem in the coming years.

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Polygon and Cere Network partner on a new Web3 media project dubbed ‘DaVinci’

DaVinci is the first marketplace set to facilitate secure NFT royalties and decentralized asset transfers, according to details on the platform’s website.

Polygon (MATIC) and decentralised data cloud platform Cere Network, have partnered to launch a new project dubbed DaVinci, Cointelegraph reported on Monday.

The Web3 media platform is reportedly targeted for the secure storage of non-fungible token (NFT)assets, with key functionality aimed at blockchain-based verification and decentralisation. In this case, the DaVinci platform offers a network for the monetization and transfer of NFTs.

The Web 3 project is powered by Cere Network’s data cloud, allowing for smart contract-based content streaming. Integration with all the major social media platforms means content creators can connect with their fandom and seamlessly grow their blockchain-based fan circle.

Via plug-and-play integrations with every social media platform, and Stripe Payments, you can instantly start with bringing your artwork to (future) fans, without the usual adoption hurdles,” the DaVinci team says on their website.

Davinci will offer much more to the NFT community, with artists and brands set to see more returns from their content. Users will have guaranteed access to royalties, with research and analytics tools available to complement content creators’ reach to prospective fans and investors.

Users will access the service via Cere Freeport, a Polygon-based NFT minting feature that creators will leverage to mint and sell NFTs.

Polygon and Cere Network have worked closely before, with the most recent being a September 2021 $3 million investment into Cere’s DDC. The investment helped with the integration of Cere with Polygon’s protocol.

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Cardano and Polkadot ETPs debut on the Frankfurt Stock Exchange

The ETPs debut on the Frankfurt Stock Exchange on 14 February and add to products for Bitcoin, Ethereum, Uniswap, and Solana

Cardano and Polkadot exchange-traded products (ETPs) made a debut on the Frankfurt Stock Exchange on Monday after the platform DeFi Technologies was approved to list the derivative products.

According to a press release shared on Monday 14 February, the ADA and DOT-based products will be traded via Valour, a subsidiary of DeFi Technologies and pioneering platform for digital asset ETPs.

The new ETPs will track the prices of ADA and DOT, the two altcoins that currently occupy the seventh and tenth-largest cryptocurrencies by market cap slots at $33.7 billion and $20.4 billion.

Per the announcement, users will access the products via the titles Valour Cardano (ADA) EUR and Valour Polkadot (DOT) EUR.

The new ETPs will enable both retail and institutional investors to gain exposure to the native tokens of the Polkadot and Cardano networks as easily as buying shares from their bank or broker,” DeFi Technologies said in the statement.

Valour’s other products

The two add to the available portfolio offering of Valour Uniswap (UNI) and Solana (SOL). Other products in the portfolio are Bitcoin Zero and Valour Ethereum Zero, the platform’s first fully-fledged, zero-fee passive investment tracking the top two cryptocurrencies by market cap.

According to Valour CEO Tommy Fransson, the launch of the two products in the German market comes after success in the Scandinavian market. There’s increased interest for such products, he noted, adding that informed the expansion.

Valour Inc. is a Zug, Switzerland-based platform specializing in issuing exchange-listed financial products targeted for both retail and institutional investors. The company was established in 2019 targets offering the products to investors throughout Europe, according to its chief executive.

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