3 Top EXPLOSIVE Altcoins in Cardano ADA Ecosystem

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3 Top EXPLOSIVE Altcoins in Cardano ADA Ecosystem

The Cardano ecosystem has been exploding with activity. And there are top-quality projects building on it. Today, we’ll shine the spotlight on three top Cardano projects.

These projects have good value propositions, good teams, and an active community. All this generally leads to good price pumps in the bull market. Let’s look at our list.

1) COTI

COTI is one of Cardano’s projects with impressive use cases. This platform, which stands for “Currency of the Internet,” is also one of the most undervalued projects. COTI facilitates fast and secure transactions with cheap fees. It allows businesses, governments, and organizations to issue their own tokens. 

So, COTI provides a modern solution to the fintech space. It makes payments efficient for buyers and sellers. This platform merges traditional finance concepts such as:

  • Financing. 
  • Remittance. 
  • Loyalty programs. 
  • Cross-platform payments DeFi use cases. This way, it uses blockchain to simplify payments.

Coti has also launched bank accounts and Visa debit cards. This further creates a link between the finance world and the crypto industry. Also, COTI launched COTIPay, a payment service that supports different payment patterns. In addition to all these, COTI supports P2P payments.

Cardano has invested more than a million dollars in COTI already. This shows its faith in the project. This project is also behind Cardano’s best-designed stablecoin, the DJED stablecoin. COTI also allows you to create your own stablecoin with full control over it. 

Now let’s talk about the COTI token. The COTI token operates on Trustchain, Ethereum, and BNB Chain. It currently trades at $0.04649. It has a circulating supply of 1,219,255,922 COTI coins. There is a maximum supply of 2,000,000,000 COTI coins.

2) Minswap

Every good ecosystem needs a good DEX. For example, we have Uniswap on Ethereum, PancakeSwap on the Binance chain, QuickSwap on Polygon, and Trader Joe on Avalanche. DEXes are the cornerstone of any crypto ecosystem. 

DeFi activities are currently on the rise in Cardano. Minswap currently leads that department. MinSwap plans to be the #1 liquidity provider in the crypto market. It plans to achieve this by integrating the best asset pool models from different ecosystems into one protocol.

Data from DeFillama shows that Minswap has the highest TVL on Cardano. And that’s a testament to its popularity on the network. Minswap is Cardano’s biggest DEX and also the most mobile-friendly. Minswap has several advantages over most DEXes. For example, not every DEX has a launchpad. But Minswap has the Launch Bowl launchpad for DeFi projects on Cardano. Minswap allows users to trade and swap assets with low fees.

Minswap also has some pools and farms that offer good rates. Minswap’s position as the leading project on Cardano in terms of TVL is a good reason to consider it. Also, it is community-owned. And is working hard to stay that way. 

The project’s tokenomics is another reason why Cardano users love it. About 70% of their tokens go to Yield Farming and are available to the public. Interestingly, the team got only 10%, while 6% was for their DAO Treasury too. Minswap has a fair token distribution. In fact, one of the most transparent I have seen in a while.

Minswap’s Babel fee mechanism is another reason for its growth. It allows users to pay transaction fees in other tokens without needing to hold ADA. Aside from being a DEX, Minswap provides the following services:

  • Launchpad: I already mentioned this. Minswap’s launchpads support new projects on Cardano. It offers the community access to Initial Dex Offerings (IDOS).
  • Yield Farming: Minswap rewards liquidity providers who stake liquidity pool tokens with the MIN token.
  • Governance: MIN token holders can vote on future proposals on the platform.
3) Mueliswap

MuesliSwap is the first decentralized Mueliswap is the first DEX on Cardano. Although Minswap takes much of the spotlight, Mueliswap remains a force to be reckoned with. It provides Cardano users with a smart contract-powered trading platform. Some of the services it offers include:

  • Classic Order Book swaps.
  • Liquidity pools.
  • AMM swaps.
  • Staking.
  • Farming. 

Mueliswap also provides a decentralized token launchpad and an NFT marketplace. It is currently the 6th largest project on Cardano in terms of its TVL.

We recently listed Mueliswap as one of the tokens we believe could see up to 20x. Mueliswap’s MILK token currently trades at $4.39, which is around 9x from its bear market low of $0.49.

That’s it for our Cardano projects. Let us know which one of them is your favorite.

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