Some crypto assets have the potential to significantly increase portfolio returns, as they are supported by large investors and have a favorable sentiment among the global crypto community.
Four of these assets are Ethereum, Aptos, Polygon, and RenQ Finance, which are expected to experience a bullish trend.
New investors looking to make significant gains in the crypto market and those seeking to recover losses from the previous bear market may want to consider acquiring these “must-have” crypto assets ahead of the anticipated bull run.
Ethereum is the second-largest cryptocurrency based on its market capitalization. It is a decentralized blockchain platform that allows for the creation of decentralized applications and various digital transactions.
ETH, also known as ether, is the platform’s main token and is utilized to pay for network fees required to deploy smart contracts. The programming language used to code these smart contracts is Solidity.
ETH has been on the rise since the beginning of 2023 and has recently reached a five-month high, providing a year-to-date return of over 30%. With its wide range of applications and value propositions, the future outlook for ETH appears promising.
Polygon is a layer 2, parachain Network that provides scalable Ethereum blockchain solutions. As a result, the Ethereum network can now offer minimal transaction costs and quick transactions.
The native currency used on the Polygon network is called MATIC, and it may be used for a variety of purposes, including staking and paying transaction fees.
With a year-to-date gain of more than 50%, MATIC has all the qualities to be a valuable asset for the next bull run.
Aptos is a layer 1 blockchain platform that aims to solve the common issues of reliability, security, and usability that plague blockchain systems. It is designed to be highly scalable and will facilitate the future upgrading of DeFi systems.
Thanks to its high throughput, Aptos serves as a platform for decentralized autonomous organizations (DAOs), non-fungible tokens (NFTs), and Web3 applications.
In 2022, the Aptos network launched its native utility and governance token, APT, at around $8 per token. It has had a strong start to the year, with a YTD return of 222%, positioning it as one of the top four must-have cryptocurrencies for the upcoming bull run.
RenQ Finance (RENQ)
RenQ Finance positions itself as a leading cryptocurrency platform in the current market, providing investors with profitable investment opportunities. Operating on a decentralized network, RenQ Finance aims to introduce new asset classes derived from blockchain-based assets through financial products such as derivatives and margin trades, offering investors better portfolio risk management and new speculative investments.
With the use of decentralized protocols, RenQ Finance eliminates the need for centralized clearing houses, grants universal access, and enables users to have complete control over their funds. As a part of the DeFi ecosystem, RenQ Finance distinguishes itself from centralized cryptocurrency exchanges (CEXs) by strictly adhering to autonomous, open-source smart contracts.
RenQ Finance is a one-stop solution for all trading requirements; Crypto users can perform all their DeFi operations, such as staking, lending, trading, farming, etc. using the RenQ wallet.
RenQ Finance has developed a solution to the liquidity problem by integrating multiple liquidity markets and products. This enables users to choose from various options for any transaction, thereby addressing the issue of “liquidity crunch” where cryptocurrency exchanges delay withdrawals due to insufficient funds.
The governance token for the RenQ Financial platform is RENQ, which is touted as one of the four essential tokens to have before the upcoming bull run.
Visit the links below for more information about RenQ Finance (RENQ):
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