Looking out for projects with solid fundamentals in this bear market : altcoin

Looking out for projects with solid fundamentals in this bear market : altcoin

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Is the bear season over or there’s still some surprises to come? Personally, I think that whatever green we see now won’t last long. I know certainly that this current crabby movement will last longer than many expect (I hope I’m wrong). Until the FOMO resumes, I believe it’s a good thing to utilize this period to do extensive research and source for the next gem.

In recent times web3, NFT management and support, asset management and security as well as privacy protocols have been receiving major attention. In line with this development, certain projects have come together to form a partnership to integrate two of these sectors. A good example is the recent integration of Open Rights Exchange on Polygon. This integration enables cross chain wallet and NFT management on the Polygon network.

Speaking of Ore protocol, its contribution to interoperability and easy access to multi chains has surpassed my expectations despite the fact that it is a low cap project. As a matter of fact, it pioneered a product, ORE ID which is an identity management and multichain access tool that can now boast of having over 200,000 active users. Personally, I see this as a milestone, considering the project’s market cap. In addition, it’s worthy to note that it stayed on the top gainers list on bitmart for weeks especially after the Polygon announcement.

Bifrost is another promising multi-chain project that is well known for developing a structure where developers can build protocols with scalable and flexible dApps. If anyone has been paying attention lately, it’s quite obvious that a whole lot of developments have been going on in the DeFi space. Hence, the need for developers to tap into the resources of multiple blockchain protocols simultaneously and seamlessly cannot be overemphasized. In this line, Bifrost might as well play a key role in the future of blockchain services and its adoption.

https://www.coingecko.com/en/coins/ore-network

https://www.coingecko.com/en/coins/bifrost

The inference here is that there are hidden projects worth performing excellently but overshadowed by already established high caps and market sentiments.

A little search down the projects making a solid impact in the development of web3 and its adoption, and you’ll find yourself in a pool of gems primed to explode ahead of the next bull run.

Any other project worth looking into?

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