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HomeImmutableXTop 10 Altcoins to buy in August 2022 - Part1

Top 10 Altcoins to buy in August 2022 – Part1

Last month was decisive for the crypto market as a whole, there was a lot of fear among investors due to the uncertainty around the next move of Bitcoin. But as always, Bitcoin survived death again, jumping out of $ 18,000 support and giving hope to long-term investors. Last month, Matic and Ethereum also recorded more than 100% rise from the cycle’s lows.

Its blockchain has always been the market leader altcoin recommendations, our recommendations have yielded huge returns to investors in the past. Last month we released a list of the top altcoins to buy and it was a huge success. All of the top altcoins on our curated list hit their targets, delivering an average return of 60% to investors.

Now we are already heading for a new month, and since there is no Fed meeting next month, it’s time to see those altcoins that are likely to bring great benefits to investors.

Immutable X[IMX]

According to Coinmarketcap:

Immutable X put yourself first Layer 2 scaling solution for NFTs upon ethereum. According to Immutable X, the blockchain removes his Ethereum limitations such as low scalability, poor user experience, illiquidity, and slow developer experience. Instead, users can enjoy zero gas charges for issuing and trading NFTs without compromising the security of their users or assets, while benefiting from immediate transactions and massive scalability. To achieve that, Immutable X is built on STARK. zk-rollupVitalik Buterin’s technology that considers Ethereum “all-in”.

Technical analysis

IMXUSDT-1D (Binance)

Wu network[WOO]

According to CoinMarketCap:

The WOO network is a deep liquidity network that connects traders, exchanges, institutions, and DeFi platforms, providing democratic access to best-in-class liquidity and low-cost or zero-cost transaction execution. .. WOO tokens are used on network CeFi and DeFi products for staking and fee discounts.

Technical analysis

WOOUSDT (1D) Binance

DYDX Echange [DYDX]

According to Coinmarketcap:

DYDX Governance token. Layer 2 Non-custodian decentralized cryptocurrency exchange protocol of the same name. It facilitates Layer 2 operations and enables traders, liquidity providers, and partners to contribute to the future definition of the protocol as a community.

Token holders will be granted the right to propose changes at Layer 2 of dYdX, giving them the opportunity to profit through token staking and transaction fee discounts.

Technical analysis

DYDXUSDT (1D) – Binance

flux share[FXS]

According to the coin market cap:

The Frax Protocol is the first fractional algorithm stablecoin system. Frax is open source, permissionless and fully on-chain – currently implemented on Ethereum (with potential for cross-chain implementations in the future). The ultimate goal of the Frax protocol is to provide a highly scalable and decentralized algorithmic money alternative to fixed supply digital assets like BTC.

Technical analysis

FXUSDT(1D) Binance

oasis network[ROSE]

According to Coinmarketcap:

Oasis is a leader in privacy-enabled and scalable Layer 1 blockchain networks, combining high throughput and low gas rates with a secure architecture to provide the next generation of Web3 foundations for DeFi, GameFi, NFT, Metaverse and Data. Enhance tokenization and data DAO. Oasis advances web3, scales it, and evolves it from childhood to maturity.

Technical analysis

ROSEUSDT-1D (Binance)

The second part of this list of great altcoins to buy will be released shortly.

look at this video To understand these recommendations in detail.


The Altcoin mentioned in this article is based on the author’s research. The author does not hold any of these altcoins. Always do your own research before investing in cryptocurrencies.

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