5 Cryptocurrencies Reddit is Buying for the Next Bull Run

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In this article, we discuss the 5 cryptocurrencies Reddit is buying for the next bull run. If you want to read our detailed analysis of these currencies, go directly to the 10 Cryptocurrencies Reddit is Buying for the Next Bull Run.

5. Harmony

Harmony has been one of the biggest gainers in the crypto universe over the past year. The price of one coin has increased more than 5,200% in the past twelve months. As of January 17, one coin is trading at around $0.34. The market cap of the coin is now over $4 billion. In the past fifteen days, the value of the coin has almost doubled. The Harmony network is powered by sharding, allowing the coin to market itself as a “secure and fast” blockchain solution. Harmony uses a Proof-of-Stake mechanism to validate transactions. 

Some of the advantages of using Harmony are energy efficiency, cross-chain capabilities, and the potential of the network in the NFT marketplace. Since the network has lower fees, new developers who want to create NFTs will prefer it over more expensive options. The developers of the coin have also affirmed that they will be rolling out NFT-specific capabilities like NFT Lending and NFT Verification soon as well.  

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