Their Prices Will Increase 100 Times! These 7 Projects Will Become the Stars of Polkadot Parachain Auctions!

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The popular crypto channel Altcoin Buzz has announced 7 projects with the potential for a 100-fold increase. Polkadotparachain we consider the best projects competing for their auctions. December will be quite eventful for the Polkadot (DOT) ecosystem. Polkadot auctions of parallel networks in the network begin, and Kusama (KSM) larger outbursts are expected from price movements at their auctions. You should check out these projects for December while you have the opportunity yet.

Acala Network (ACA)

In the first place in the list is Polkadot’s a DeFi the central one is Acala Network (ACA) there is. Analyst Acalafor smart contracts of Ethereum he emphasizes that it is a compatible platform.

“The platform provides many services. Staking, a multilateral stablecoin and an AMM DEX are just a few of them. In terms of the services it provides, it resembles the Karura Network project”.

Analyst Acala‘s ChainLink, Moonriver, Shiden Network, etc. he states that he is partnering with. Major investors such as Digital Currency Group, Polychain Capital, Alameda Research and Coinbase Ventures have invested in Acala. That is, corporate funds, as well as individual investors, are interested in this project.

Primer (ASTR)

it is a scalable, interoperable and decentralized Web3.0 platform. Ethereum, WebAssembly is considered to be the local DApp center on Polkadot, which supports DApp Staking and Layer2 solutions.

Referring to Astar’s TVL diameter, the analyst believes that more than 40 projects in the ecosystem will grow rapidly. Lining (ASTR) it also aims to connect Ethereum and Cosmos blockchains chains to the Polkadot ecosystem.

Centrifuge (CFG) and Darwinia Network (RING)

Centrifuge(CFG), billing, real estate and assets such as copyrights DeFiit is a platform that connects to .

“TVL reached $36.6 million. People can finance their real-world assets without the need for banks or other intermediaries”.

Investors can also receive CFG rewards by providing liquidity in the project.

Darwinia Network (RING) The Darwinia Network (RING) connects heterogeneous chains to create the next generation of the Web3.0 Metaverse. According to the analyst, this decentralized platform supports projects located on public networks such as Ethereum and BSC Polkadot (DOT) it will attract to its ecosystem. Ethereum and is a founding partner of Polkadot and Gavin Wood, founder of Kusama, praised Darwinia as one of the “most remarkable Polkadot ecological projects”.

Moonbeam (GLMR), Litentry (LIT) and Efinity (EFI)

Targeting dApps integrated with Bitcoin and Ethereum Moonbeam (GLMR), which is on the favorite list of Altcoin Buzz analysts. This platform also works with Solidity, Vyper and EVM compatibility. Users can use Ethereum-based tools such as MetaMask, Remix, Hardhat, Waffle and Truffle.

Litentry (LIT), is a decentralized multi-chain identity collection platform. With Litentry, users can manage their identity and get real-time loans. The project dec built on substrate, is also among the favorites. Litentry is an enterprise that benefits from a strong cross-chain ecosystem and shared security, and Polkadot parachain he wants to achieve victory at his auction.

Efinity, Built by Enjin at the NFT playground. Efinity is trying to solve some of the problems facing the NFT space. A user-friendly platform will be created for the mainstream NFT experience. Since Efinity makes NFTs accessible to everyone, it can also contribute to the growth of the NFT ecosystem.

Disclaimer Of Liability: The information contained in this article absolutely does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and they should conduct their transactions in accordance with their own research.
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