Despite the recent bear run that lasted for a while, there is undeniable evidence that the bull run has commenced in the cryptocurrency market. Numerous cryptocurrencies have experienced remarkable spikes, and the overall market sentiment has been overwhelmingly positive, with green dominating the charts.
As a result, individuals from all walks of life are eagerly seeking opportunities to invest their money in projects that have the potential for significant returns on investment in the long term. This surge in interest has led many projects to attract exceptional partners, team members, and professional marketing personnel, creating an enticing environment for potential investors. However, investors must conduct their research before making any investment decisions.
Noteworthy Crypto Projects to Monitor During the Bull Run
Cheelee
Cheelee is a Web3 GameFi short video platform that offers a unique opportunity for users to earn money just by watching the video feed, giving way to all Web3 social media to mass adoption. The app welcomes new users with a complimentary pair of Starting digital glasses, thanks to which the user can start to earn when viewing the videos.
The users can upgrade these glasses and earn more than X2 from the initial investment. Cheelee also introduces the $CHEEL – governance token, which shows stable growth and holds substantial potential because of its limited supply and high utilities.
Cheelee is the first-of-its-kind app that monetizes time spent on social media. The app unquestionably captures attention as the hottest trend of 2023, combining the worlds of cryptocurrency and social media. Cheelee is available on App Store and Google Play.
Intercoin
Intercoin, a company driven by an ambitious vision of bringing cryptocurrency into the mainstream, has dedicated five years of meticulous effort under its chief architect, Greg Magarshak. Their primary focus has been developing smart contracts that serve communities worldwide.
These contracts empower individuals to effortlessly deploy their decentralized autonomous organizations (DAOs), create unique coins and non-fungible tokens (NFTs), and host engaging auctions and contests with just a simple click. The team boasts a commendable track record, having previously released applications that successfully attracted a substantial user base of approximately one million community leaders across the globe.
Currently, their relentless efforts are geared towards implementing these cutting-edge Web3 solutions for the benefit of these communities. Intercoin has an impending global launch scheduled later this year and has additional projects in the pipeline, including developing a web-based wallet slated for release in 2024 and an innovative post-blockchain distributed protocol aptly named Intercloud.
Swaps
Swaps emerges as a fully compliant and regulated European company, setting the standard in terms of security while offering a remarkably fast and user-friendly platform. Whether you’re a beginner or an expert, an individual or a company, Swaps provides the ultimate solution for buying, selling, and receiving cryptocurrencies.
The team behind Swaps recognized the need for change in the lengthy and complicated process of purchasing cryptocurrencies. Their mission was to enhance the customer experience and revolutionize the industry. Their expertise has completely reinvented the old ways, bringing forth a platform that caters to the industry’s longing for simplicity retaining all the benefits for the users.
Swaps has created an impeccably sleek platform featuring a world-class team of talents. By doing so, they have opened the doors of the crypto world to everyone, making transactions faster and easier than ever before.
Walbi
Walbi, a hybrid DeFi platform, seamlessly integrates a crypto exchange, Web3 non-custodial wallets, and an AI assistant to elevate crypto trading to new heights. Recently entering the beta testing phase, Walbi showcases its streamlined, AI-powered approach to managing digital finance.
Walbi uses an AI assistant to provide personalized trading advice. It generates comprehensive financial analyses by aggregating data from various sources such as financial news, trending tweets, expert insights, historical cryptocurrency prices, and technical indicators. Walbi’s AI empowers traders to make informed decisions while mitigating the risks of human error.
In addition to the Walbi exchange, wallet, and the Walbi Lighthouse AI trading assistant, the platform offers features such as Walbi Earn staking, Walbi Cloud Miner, and an enticing rewards program.
Asterizm
Asterizm, a graduate of Techstars London Powered by Polygon 2023, is an essential blockchain interoperability solution that establishes a confidential communication channel for enterprises operating on various blockchains, FinTech, CBDCs, banks and web3 protocols.
Founded by Artem Avdeev, Denis Polulyakhov and Alex Gotovets, Asterizmleverages its distinctive on-chain transaction validation and integrity check mechanism, ensuring seamless operations between both public and private networks while adhering to regulatory standards and mitigating the risks of data leaks.
Asterizm has recently launched on mainnet and it already supports EVM-based public and private networks and the first two non-EVM blockchains. Moreover, the Asterizm team actively communicates and consults financial institutions, banks, CBDC operators and platforms dealing with tokenized assets. Their aim is to deliver the most convenient cross-chain solutions, ensuring seamless interoperability and efficient operations.
Open Exchange
Open Exchange (OPNX) emerges as a state-of-the-art cryptocurrency exchange, delivering seamless access to crypto claims, spot, and futures trading on a secure and user-friendly platform.
OPNX is led by a team deeply knowledgeable about the shortcomings witnessed in the last crypto cycle. Recent bankruptcies within the crypto industry have left over 20 million users at a loss of $20 billion, as their funds remain locked on insolvent platforms. Setting a precedent, OPNX has become the pioneering exchange helping bankruptcy victims tokenize their claims (e.g., FTX and Celsius) and unlock immediate liquidity by converting claims into collateral for crypto futures trading.
OPNX also facilitates flexible crypto trading with a powerful portfolio margin system, allowing users to leverage their entire portfolio of assets. Notably, the exchange launched its oUSD credit currency, enabling traders to borrow against their crypto holdings and trade on them with oUSD.
Farmsent
Farmsent is an innovative farmer-centric blockchain platform designed to revolutionize global food trade and enhance food security. With a strong focus on empowering farmers, Farmsent connects them directly with buyers, fostering a more transparent and efficient marketplace.
This decentralized ecosystem enables secure and traceable transactions, ensuring food safety and quality throughout the supply chain. By prioritizing small farmers, Farmsent strives to create a fair and decentralized ecosystem, allowing them to access broader markets and fair prices for their produce.
With web3 technologies, Farmsent aims to promote sustainability, optimize middlemen, and address the challenges of the modern agricultural landscape, contributing to a more resilient and secure global food system.
Final Remark
The market’s recent history of losses has set the stage for a potential turnaround, and now is the opportune time for investors to capitalize on the potential gains. The bull run’s emergence has instilled a sense of optimism, as cryptocurrencies have witnessed substantial growth and the market has turned green. With projects strategically aligning themselves with strong partners, talented teams, and effective marketing strategies, investors are presented with many promising options. Nevertheless, individuals must exercise caution and undertake thorough research before committing their funds, ensuring their investment decisions align with their financial goals and risk tolerance. By carefully navigating this evolving landscape, investors can position themselves to benefit from the market’s newfound momentum and potentially achieve favorable returns.
As the crypto market continues to witness substantial growth it’s attracting experts such as Nick Perzichilli. With his network in Web3 and a track record of successes in Ecommerce, Banking and Marketing with $300m in exits, Nick recognizes the potential for blockchain technology. Through AdvisorX, the team actively collaborates with companies and is guiding them in transitioning from Web2 to Web3.
With a network of over 300 people on the team contributing as seasoned advisors and service providers, including professionals from leading institutions, such as Google, Polygon, Binance, Hedera Hashgraph, and others, AdvisorX provides a broad range of services, including venture capital, GTM advisory, user acquisitions, community growth and more.
In the booming market to come, Nick Perzichilli’s views as an expert Advisor along with the
hundreds of professionals working with AdvisorX serve as a compass, guiding projects in the
space to navigate this rapidly evolving landscape.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source:https://cryptodaily.co.uk/2023/07/crypto-projects-worth-keeping-an-eye-on