Top Trending and Potential Tokens By Categories

1. Layer 1 Blockchain

Avalanche

Avalanche is a layer 1 blockchain and a smart contract platform. It can process 4,500 TPS, time to finality is about 1 second. Avalanche have 3 blockchains include C-Chain, X-Chain, and P-Chain that can reduce network congestion and surging transaction fees. The price of AVAX is overprice but it still has potential upside.

2. Layer 2 Blockchain

Optimism

OP tokens are 2 times  cheaper than ARB tokens from Arbitrum. So, the price of OP tokens is fair price. OP tokens are governance tokens that allow users to vote on policies and issues to implement protocol upgrades.

3.Liquid Staking Token

Rocket Pool

RPL is an ERC-20 token. RPL tokens are half the price of LDO tokens, so it’s a little bit overvalue. RPL should be between 150-300% cheaper than LDO to ensure investors can make profits. RPL tokens used for incentives and governance in the platform.

4. Decentralized Exchange Token

Synthetix Network        

Synthetix Network is the largest derivatives liquidity protocol in the DeFi industry. It built on Ethereum and Optimism. SNX tokens are governance tokens that can vote for proposals. SNX tokens also used for providing collateral against Synths that are issued.

5. Decentralized Finance Token

Maker

Maker tokens are governance tokens for the MakerDAO and Maker Protocol. Maker is the issuer and operator of the DAI stablecoin.  MKR tokens can be used to vote for DAI management. DAI is the 17th largest crypto by market cap and the fourth largest stablecoin.

6. Oracle Token

Band Protocol

Brand Protocol is a data oracle platform like Chainlink. BAND price is more than 10 times cheaper than LINK price. BAND is having an upside potential.