The cryptocurrency market is a volatile one at the best of times but it takes a single moment in the press to see the cost of their token increase as high as 1000 times, as already seen with both Bitcoin and Ethereum in recent times.
While getting into those cryptocurrencies now is not a bad option for those that understand the risks, there are smaller alt coins that are still awaiting their time in the spotlight, meaning that you do still have chance to buy them before their prices increase.
It should be known that these alt coins do already have a lot of talk about them and the projects in which they provide heading into a new digital driven era that includes faster, cheaper payment processing, smart contracts, streaming services, cloud computing and much, much more.
This means that if you are looking for alt coins that you can attempt to short term trade and work the margins, the returns are going to be minimal, however fill your portfolio with these and HODL them for the coming years, the opportunities are huge.
Cardano is a platform created on the blockchain backed by proof-of-stake and was created by one of the original team behind the second largest cryptocurrency right now, Ethereum.
Designed to be scalable, offer lower processing fees and address some of the lesser impressive elements that are seeing within the current Ethereum mainnet, investors that are bullish about the project are claiming that they believe that it will see a significant increase in support once Ethereum 2.0 comes into force in 2022.
Currently trading at $0.281 per ADA coin, building up a sizeable share of the coins available will not break the bank and if claims that we could see ADA become one of the top 5 cryptocurrencies in the market over the next 5 to 10 years are correct, you could be positioned for some impressive return on investment.
Zilliqa is still relatively unknown to those that are not looking deeply into the alt coin market for possible investment opportunities, however there are some very bullish investors that believe that the prospect of being able to offer blockchain sharding could become a game changer for the crypto world.
Dedicated to high performance and security, Zilliqa look like they are a perfect partner for many of the biggest, most invested cryptocurrencies on the market today, however just have not had their chance to shine on a larger stage just yet.
Priced at $0.0629 per ZIL coin, again this is another potential investment that you could be looking at with a real potential to record staggering returns on your money should their time come and support begin to flood into their infrastructure.
Chainlink is a cryptocurrency token that is known to many that follow the market and they have been named as the front runner in relation to offering smart contracts over the blockchain and with support already generating in their project, the coin has already previously traded as high as $17.39 back on January 7th 2021.
They have since seen some correction but I believe that there is still a big year ahead for them which could see the coin hitting $28 a coin by the end of the year and increasing further in 2022 up to a predicted $100 pricing in 2025.
Currently trading at $15.95 right now, the prospects for Chainlink are strong and getting your hands on some of these for a longer HODL will pay off nicely in the next 5 to 10 years.
Polkadot as a project have been moving very swiftly, both in trying to find adopters and implementors for their project, with over 300 platforms already making use or planning to do so.
With that level of support and a brief spell trading at $10 a coin, DOT certainly has the level of support that could see this become another good alt coin to consider when looking to spread your money into a portfolio as it is already trying to challenge prices that it was predicted to reach a year from now.
This comes from the market being very bullish about the cryptocurrency market in general and a number of known investors sheading light on the project, but at $10.17 making sure that you hold a few could be a very profitable gamble in the longer term.
Disclaimer: This is my own personal opinion and selections of alt coins that I am investing into, this should not be seen as financial advice as I am not a financial adviser. Please ensure you complete your own research before investing.