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Crypto Trader Unveils Altcoin on Watchlist for Perp DEX, Gaming, RWA

Published 04/25/2023, 06:31 AM
Updated 04/25/2023, 07:00 AM
© Reuters.  Crypto Trader Unveils Altcoin on Watchlist for Perp DEX, Gaming, RWA

  • LadyofCrypto shares her top picks for altcoins across various sectors.
  • The analyst’s watchlist includes perp DEX, gaming, RWA, LSDs, and layer 1 & 2.
  • Meanwhile, BTC, ETH, MATIC, and SOL have seen significant losses over the past week.

As the crypto market tries to recover from the crashes of the previous weeks, LadyofCrypto, a well-known crypto influencer on Twitter, released a list of altcoins on her watchlist, including new and upcoming projects.

As an avid trader, she pitched at multiple sectors, such as perp DEX, gaming, gambling, Real World Assets (RWA), liquidity-staking derivatives (LSDs), then the layer one and two scaling solutions.

Notably, perp DEX represents a decentralized exchange that allows for perpetual futures contracts trading with no expiration date on the futures contracts traded on the exchange. LadyofCrypto mentioned Veax, Narwhal Finance, Spin, GMX, and Gains Network in this category.

Some of the Layer 1 and Layer 2 projects on the trader’s watchlist include the recently launched Arbitrum network, the upcoming zkSync, StarkWare, SeiNetwork, VenomFoundation, and SuiNetwork.

Furthermore, LadyofCrypto claims to be actively seeking more real-world assets, tokens backed by tangible assets, and liquidity-staking derivatives projects to add to her portfolio. Meanwhile, for gaming and gambling, she highlighted less popular projects such as VulcanForged (PYR), Fusionist (TFO), Ultra (UOS), and WINRProtocol (WINR).

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Over the past week, the crypto market lost more than $100 billion as popular coins such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) began retracing. BTC currently trades at $27,283, losing over $3k from last week when it sold above $30k for the first time this year.

Similarly, ETH has fallen below the $2k price point after losing over 14% of its value in the last seven days. Polygon (MATIC) and Solana (SOL) took the greatest hit among the most significant coins.

The post Crypto Trader Unveils Altcoin on Watchlist for Perp DEX, Gaming, RWA appeared first on Coin Edition.

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