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In the current crypto bear market, finding something that’s actually going to make short-term gains can be tough. For those who got into crypto early, it was all upside—but what about now? While picking the next coin that’s going to moon can be difficult, there are still a few viable options out there. And these coins have recently started to gain a lot of traction. Let’s have a look at three of the coins analysts predict could have a great future over the next few months.
Decentraland has made positive recent gains
Decentraland and its MANA coin is one many analysts are keeping an eye on. Billed as the “first ever virtual world owned by its users”, Decentraland is an extremely unique project that aims to join virtual gaming realms with real-world digital assets.
And MANA’s recent 1-month chart is relatively stable, remarkable at a time where many other currencies have seen big losses. This could indicate price consolidation for the token, and the project could be at the heart of the video game industry’s move towards the blockchain. Mana’s price currently sits at around $0.98.
How Gnox could bridge the gap between traditional and digital investors
One token that’s been making huge gains in recent weeks is GNOX. The Gnox platform has been built from the ground up to help bring DeFi investment strategies to the masses and lower the barriers to entry for traditional investors who want to benefit from a new wave of passive income opportunities. Currently undergoing pre-sale, Gnox has sold over 30million tokens already.
And the Gnox platform is unique because it allows newcomers to digital investments the opportunity to make gains even if they don’t understand many of the (often complicated) underlying principles of the industry. In other words, they get to “switch off” their brain and count their passive revenue, rather than worrying about managing their portfolio of investments.
Yearn Finance (YFI)
Another coin that’s got healthy consolidation during a time of overall losses for the crypto landscape is Yearn (YFI). As a group of protocol running on Ethereum, Yearn gives users the opportunity to optimize their crypto investments and make use of a range of lending and trading services. As more and more people look to the benefits of DeFi investments, Yearn could be well placed. However, unlike GNOX, Yearn still requires users to understand what they are doing and manage their investments themselves. Maybe that’s why our pick of the bunch is still probably GNOX.
GNOX, YFI and MANA are all great options for those looking for tokens to help build their portfolio. At a time when picking your next crypto investment isn’t necessarily as easy as it used to be, these are our top 3 picks for good reason.
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