Cryptocurrency is finally starting to see more world adoption, slowly but surely. And in the process, there are many altcoins that are going to have their price skyrocket as they’re used by more people around the world.

The trick is to get in before that adoption happens. Then you can ride your way to the top.

What is an altcoin? Altcoins are the other cryptocurrencies launched after the success of Bitcoin, according to Investopedia. Generally, they sell themselves as better alternatives to Bitcoin.

All of the altcoins I talk about here are tradable on major exchanges. No need to worry about using Uniswap and paying super high gas fees — that the Ethreum blockchain is suffering from — to get your hands on a token.

1. Cardano (ADA)

I can’t talk about my favorite altcoin without starting with Cardano. I’m a huge fan of Cardano, to the point where it is my largest holding.

Cardano is a decentralized protocol that aims to take over what Ethereum failed at (and is failing at). Cardano uses a proof-of-stake system, instead of a proof-of-work, which means that it doesn’t have the same energy problems as Bitcoin or Ethereum. You can also earn staking rewards (usually around 5%) by staking your Cardano. I highly recommend doing your research on this coin.

It’s often looked down on since it has yet to roll out its smart contract and native token features. However, those are coming really soon and once they’re out, they’ll post a major threat to Ethereum.

Few other notes on Cardano:

1. It is the most staked coin in the entire crypto industry

2. It is dramatically more decentralized than Ethereum

3. Most days, Cardano has more money being transferred around than Ethereum, yet paying a fraction of the gas prices

4. There is evidence that points towards Elon Musk getting involved in Cardano

Exchanges I recommend for Cardano are Binance and Crypto.com.

2. Enjin (ENJ)

In case you’ve been living under a rock, the NFT space has been blowing up in Crypto. Buying Enjin is a great way to get in on the action. Enjin is a way for video games of all kinds to integrate NFTs and cryptocurrency into the games.

This includes Minecraft.

Minecraft has been massively popular in the past and has impressively stayed quite mainstream, consistently trending on Twitter and pulling hundreds of thousands of live stream viewers on Twitch. If Minecraft servers start to integrate NFTs into their servers, we could see huge gains for Enjin since it would have a sudden influx of users.

Exchanges I recommend for Enjin are Binance and Crypto.com.

3. Uniswap (UNI)

Uniswap has been the go-to decentralized exchange for trading literally any ERC-20 token. However, with the high gas fees on Ethereum, the fees to exchange tokens on Uniswap have made it impractical for everyone except people with loads of funds.

This could change soon, however. Ethereum has been working on Ethereum 2.0 which would switch Ethereum to a proof-of-validation system, lowering gas fees. On top of that, there are rumors that a change to Ethereum’s mining requirements will be amended, lowering gas fees and enabling everyday people to use Uniswap once again. With this theoretical rise in usage, Uniswaps UNI token (used as a governance token) would rise.

Exchanges I recommend for UNI token are Gemini, Binance, Coinbase, and Crypto.com.

4. Litecoin (LTC)

Litecoin has often been regarded as the “silver” of crypto (the gold being Bitcoin). What that means is that Litecoin is an alternative way to store value to Bitcoin. Litecoin doesn’t have the same functionality as other projects. But I’m still bullish for two reasons:

First of all, Litecoin is an amazing method to transfer money around. It has low fees, is accepted pretty much everywhere, and since it’s “boring” it’ll hopefully be pretty stable in the future. Add on top that it is supported by PayPal, which’s rolling out Crypto payments to its merchants this quarter, and we could see a lot of growth in demand for Litecoin.

Second, Litecoin is working on adding a privacy feature. This means that Litecoin will be able to do transactions both public and private, built right into the coin. This will make Litecoin the only top 10 cryptocurrency that will natively support private transactions. Additionally it’s supported in almost every crypto exchange.

Another note is that Litecoin is working on a partnership with Cardano. These two points make me seriously believe that Litecoin is perfectly lined up for growth. And my money is where my mouth is.

Pretty much any exchange ever supports Litecoin.

5. Binance Coin (BNB)

Binance coin, if you didn’t guess, is run by Binance.

It has seen major growth recently, raising it to the 3rd biggest crypto by market cap. Binance Coin is built on the Binance Chain, a competitor to the Ethereum ecosystem. It solves the gas fee issues that Ethereum has been facing. Because of that, it has seen huge growth.

While it has grown a lot recently, I believe there is still some room to grow. I’d be more cautious of this one, however. Wait for a nice correction to drag the price down before jumping in.

Exchanges I recommend for BNB are Binance (obviously) and Crypto.com.

6. Filecoin (FILE)

Filecoin is one of the most unique crypto projects I’ve seen. It allows users to actually store files through the blockchain. This has a ton of potential to be used from everything like decentralized cloud storage to CDNs (what deliver libraries used in websites).

While Filecoin has seen some growth relatively recently, it has been nice and steady for the most part. Filecoin is impressively relatively stable (for crypto) and actually makes a great way to get some consistent gains in the future. It’s a great way to diversify your crypto holdings. Plus this project is just cool.

Exchanges I recommend for Filecoin are Gemini and Crypto.com.

7. Crypto.com (CRO)

Last on this list, though not at all least, is Crypto.com’s CRO. The CRO token is used by Crypto.com to get higher rewards credit cards and other benefits. I go into much more detail on its functionality in this article:

The Truth About Crypto.com… Too Good to be True?

My Humble Review

medium.com

While Crypto.com started in 2016, it has grown a ton in the recent two years. At the rate they’re going, they could easily start becoming an even bigger player in the exchange club, stealing market share from Binance and Coinbase. This increased usage means that there will naturally be more demand for the coin, increasing the price.

In addition, users are forced to stake their CRO for a time period when getting a card, taking that CRO out of circulation and reducing supply. And to reduce even more supply, Crypto.com recently burned 70 billion CRO, the biggest burn ever so far in cryptocurrency history. This aggressive burning will defiantly help boost the price of CRO.

I recommend Crypto.com for buying CRO (it’s their own token afterall).

Honorable Mentions

There are tons of other cryptocurrencies that I’m bullish on. But this list would get way too long. These are a few other cryptos you may want to check out:

1. Aave (AAVE) — Enables decentralized lending and flash loans

2. 1Inch (1INCH) — Similar to Uniswap, but always finding the best price

3. Polkadot (DOT) — Another possible Ethereum killer with its own tricks

4. Pancake Swap (CAKE) — The Uniswap of the Binance chain

5. Chainlink (LINK) — Connects the real world to the crypto world

Consider following me on Twitter: @henrygruett

This article is for informational purposes only. It should not be consider