RDNT and Myria: Why I Invested $1000 In These Altcoins

by | Sep 13, 2023 | News | 0 comments

I have decided to invest $1000 in these two altcoins with high-growth potential: Myria and RDNT.

This is after I discovered that most altcoins that skyrocket during the bull market season are altcoins that have never experienced the bull season.

My expectation is a potential return of $100,000 to $1,000,000.

Both coins have never experienced the bull season before.

Of course, that’s not enough reason to put a whooping $1000 into a coin.

So, let’s see what made these coins stand out.


What Makes Myria Stand Out?

Myria is an Ethereum Layer 2 scaling solution like the popular Arbitrum and Optimism.

It was founded by the leaders in the gaming and blockchain industries like Marvel, Ubisoft, and EA Sports.

The goal of this platform is to scale NFTs and the blockchain gaming sector.

Also, it intends to provide users with independence via its decentralized platform.

The native token of this token is called MYRIA, too.

Here are 3 reasons why I am investing in this token:

  1. It is still under a cent with just a 5 million market cap. Compared to its potential, this coin is currently undervalued.
  2. Myria is designed in collaboration with StarkWare, a reputable ZK-Rollup. This means that transactions on Myria are fast, cheap, and safe. Therefore, it will attract the needed traffic that will boost its value.
  3. The MYRIA token has several utilities –  transaction fees, exclusive NFT sales, purchase of Myria nodes, and staking. These utilities reveal that Myria is not a shitcoin, and it has the potential to pump.

To get a clearer picture of how well Myria can do, let’s compare it to Immutable X, a similar project.

Immutable X launched at $ 0.73 and rose to an ATH of $9.52 in the last bull market. That’s a spike of 1198.18%!

Since they share the same characteristics, I expect Myria to grow similarly in the next bull run.

Already, Myria has over 7000 holders. This proves that many investors are interested in the project.

So, with more development, Myria will rise to the top in the gaming sector, and the coin governing it will skyrocket.

Let’s move on to the second coin.


Radiant Capital (RDNT): Why I Am Bagging It

Radiant Capital is a Layer Zero-based cross-chain borrowing and lending system.

It is designed to provide liquidity for Web3 markets in an omnichain protocol.

In other words, users can perform several transactions across chains, such as lending and borrowing.

Also, they receive rewards for participating in the network.

Now, here are 4 reasons why I am optimistic about this token:

  1. Radiant token is listed on all major crypto exchanges, including Binance, Kucoin, and Kanga.
  2. Radiant token holders receive a share of the protocol’s revenue. They also have a say in what happens on the network.
  3. Token holders can stake the token to earn additional RDNT. They can also act as collateral to borrow other tokens.
  4. It has a market cap of less than a billion, so RNDT is still undervalued.

And when the bull season begins, I’m not expecting anything less than $5 per token.

RNDT is currently trading at 3 cents.

Other facts about RNDT is that it currently has:

  • Over 100k holders
  • 23k watchlist on CoinMarketCap
  • 89 million market cap
  • 12 million dollars in daily trading volume
  • Binance Labs and LayerZero as lead investors.

Compared to similar projects like AAVE that have witnessed the bull market, I’m more convinced about RDNT.

AAVE launched with an initial price of $0.0162 and skyrocketed to its all-time high of $666.86 in the last bull market. That is a spike of 4,116,320%.

That’s all I have for you today. Hope it was worth your while.

Remember to do due diligence before investing in Myria or RDNT.

If you want to learn how to trade profitably, then sign up on to Bybit using the link and join our Telegram channel where you will learn how to trade as well as give trade signals.

We also host live sessions on DeFi.

See you in the group and the next post.

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ABOUT ME

Paschaline Anagor
I am a passionate crypto enthusiast with over three years of experience in the crypto world. Sharing insights on crypto trading, Web3, DeFi, NFTs, and the latest crypto news. Subscribe to the blog to explore the world of digital currencies!