We all know that it is altcoin season, and Altcoins are surging. The big money guys are even starting to look past Bitcoin and Ethereum and go into several Altcoins, which they have sensed to have massive gaining potential and good ROI, Return on Investment.
Aside from Cardano and Litecoin, most of these Altcoins are not even in the top ten cryptocurrency list. There are low capital Altcoins, which explains why they are massively underrated and overlooked.
One of these potential Altcoins is Polygon. With Ethereum 2.0 nowhere in sight, it now comes down to Layer 2 solutions to pick up the slack, and there is no more prominent Layer 2 scaling solution other than Polygon. There are about 90 applications built on Polygon, including DeFi protocols like Quickswap, Easy Fi. There are also games like Neon District and a growing NFT community like Aave Gochi; they just released some of their NFTs on Polygon. Polygon is also working with players like Chainlink and the Graph for Layer 2 infrastructure solutions.
With the way Ethereum fees are going up nonstop, Polygon has a chance to have a little spotlight in its area soon.
The next altcoin on this list is Injective Protocol. Some time ago, Injective Protocol was about 60cents, it has done a 20x, and it is starting to get a lot of attention. Injective Protocol is a fully decentralized Layer 2 exchange with low fees, high speed, and all the good stuff you want to see in a decentralized exchange.
Injective allows you to trade any market in and out of crypto; it has many major partnerships going on for it. It has teamed up with the avalanche of Marlin, Ocean, Uniland, and several others over the past few months. Some weeks ago, it introduced forex markets as well as stock trading.
Injective is in the third and final phase of its Test net, which means we will get official news on the Main net launch very soon.
The last altcoin on this list is Uniswap; Uniswap has been developing V3 for a while now, and it will likely come through anytime soon. Whenever we get an announcement of Uniswap V3 coming out, it will mean two things for the Uniswap token; one is that fees will be shared with token holders, and it will be a very lucrative token to hold, and two is that it will include Layer 2 scaling.
