Top 4 Small Cap Altcoin Gems of September | BeInCrypto News

In this BeInCrypto news episode, host Jessica Walker delves into four small-cap altcoin gems that could explode soon. We have game currencies and NFTs, as well as the OGN of the source protocol. So stay and make your choice.

Enjin (ENJ)

first is Enjin. Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected and blockchain-based gaming products. Enjin’s flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat and host virtual product stores, and most importantly, NFT.

Enjin allows game developers to tokenize game items on the Ethereum blockchain. It then uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform. This means that items can be bought, sold, and traded for real value.

Given the rate of transformation at which digitization is increasing, we can expect NFTs to become a more manageable asset in the coming years. Now, as Enjin has some application in the digital and real world, the value of the Enjin coin can be expected to increase in the coming years. So far, we have seen a return of 100 times more than $ 3 in April 2021.

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all-time high of $ 3.99 is about to be reexamined given the consistent volumes and surge in price action over the past month. We would classify this as a bit sleepy at this point. But with a winning concept and top-notch team, we think it could be poised for a sharp spike in altcoin trading in the near future.

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OGN

OGN is next on our list of small cap gems. This is the currency of the Origin Protocol and the objective of this project is to interrupt the collaborative economy. He hopes to do so by creating a decentralized P2P network between merchants and cutting out traditional middlemen. Origin Protocol’s vision is to create distributed systems where users can promote their products. protocol focuses on the free trade of all goods and services at their real market prices without interference from third parties.

Paris Hilton announced in June that it had invested in Origin and in the following weeks there was more exposure in the media. OGN price has risen along with an ascending support line since July 20. So far, it has peaked near $ 1.20 twice, on August 16 and 23. However, it moved away from the horizontal resistance area of ​​$ 1.20.

On August 27, it validated the $ 0.85 area as support as it bounced off the ascending support line for the fourth time. Currently, it is making another attempt to break out of the $ 1.20 resistance area, so a further breakout is likely. If that happened, the next closest resistance area would be at $ 1.92.

Mtv

At number three we have MultiVAC and its MTV token. MultiVAC is a flexible blockchain built around fragmentation in all dimensions. It is a public protocol that seeks recognition for the integration of large-scale decentralized applications and advanced transaction speeds.

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project recently released its mainnet with two very important updates: compressed data transport and native cross-chain functionality. MultiVAC’s cross-chain component will allow those with ETH and BSC addresses to seamlessly migrate to MTV. It also offers permit-free DeFi and low gas costs. This combination of features highlights MultiVAC’s mission in the DeFi space, which is flexibility.

graph confirms that the launch of the major networks and all the features they offer have been well received by the market. A new uptrend is clearly visible and has been quite sharp. We may see a new all-time high here soon enough.

COCONUTS

Our fourth and final pick for September is Cocos. This is an open source game engine for instant play with 1.3 million developers worldwide. Cocos is expanding its range of blockchain products by building the full-stack Cocos Blockchain Expedition development platform.

COCOS has moved higher since it broke a descending resistance line on July 14. However, it was unable to initiate a significant bullish move as it faces stiff resistance at $ 0.90. So far he has been rejected three times by the area. But if a breakout occurs, the token could go as high as $ 1.35, which is almost 100% higher than its current price.

Disclaimer

All information on our website is published in good faith and for general information purposes only. Any action taken by the reader on the information found on our website is strictly at your own risk.

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