MLN is trading at $27.33 after peaking today at $30.69. according to analysis from CoinMarketCap, MLN ranks #331 with a 24-hour trading volume of $30.3 million with a market cap of $56.3 million. Despite the crypto downturn, MLN is one of the several altcoins that has made a huge comeback. However, there are other cryptos that will provide bigger gains than MLN and they are D2T, RIA, IMPT, Stellar, Tron, and Algorand.
MLN Price Prediction
MLN is the ticker for Enzyme (formerly called Melon), a blockchain-based asset management platform that helps users create and manage crypto assets. Enzyme allows users to invest in blockchain projects without barriers and full control over their investments. Enzyme supports more than 200 cryptos with high liquidity rates across DEXs in the platform.
MLN uses smart contracts running on the Ethereum network for computational capacity while using its software for utilities and other features. Although ETH is the token for transacting on the platform, MLN is the utility token for staking, governance, and managing digital investments. There are more than 2 million MLN tokens in circulation, and you can purchase the token from exchanges like MEXC, Bitrue, OKX, BingX and Binance. MLN has a strong outlook for 2022 – 2025. So, if you are looking for a token to purchase, now is the best time to acquire MLN tokens.
Apart from MLN, there are other coins that investors should add to their portfolio before they start pumping. These coins include:
Dash 2 Trade, known as D2T, is an analytical platform that helps traders to evaluate cryptos before trading them. D2T will feature trading signals, sentimental analysis, on-chain analysis, and strategy builder. Users must choose a subscription before they can access features on the platform. Subscriptions include the Free tier, Starter tier, and Premium tier, with the latter 2 costing 300 D2T and 1000 D2T, respectively.
According to the whitepaper, 66.5% of the token will be sold during the public sale, 3.5% during the private sale, 5% to liquidity, 5% to talent acquisition, 5% to competition pool, and 15% to project growth fund and development. D2T is currently in presale two and has made $2 million just a few days after it was launched. Each token goes for $0.05, the best time to purchase D2T tokens.
Calvaria is a game project that offers accessibility to crypto natives and non-crypto users. The battle card is available on mobile app stores, and players don’t need a wallet or crypto assets to play.
Calvaria comes in two versions: free-to-play and play-to-earn. Other features include a DAO, in-game store, and scholarship program. Although the main game is yet to be out, two mini-games are available to keep players engaged until the release. RIA, the official currency of the ecosystem, is currently in presale 1, and each token goes for $0.01. Thirty million coins will be sold in this round, and this is the best time to make a purchase.
IMPT is a currency of Impact Project, an eco-friendly platform bridging the gap between environmental projects and businesses. The crypto project is redesigning the carbon credit market by tokenizing carbon credits, ensuring transparency and accountability while preventing scams and double-spending.
Businesses and companies that want to offset their carbon emissions can purchase the carbon credits and retire them by sending them to a null address. IMPT.io also partnered with several brands to host their products. When visitors shop on the platform, they will get a sales margin in the form of IMPT tokens which will accumulate until it is enough to purchase a carbon credit.
The token just finished the 1st stage of presale where it was sold for $0.018 each. The round was expected to end on November 25 or when the tokens are sold. However, the tokens now go for $0.023 and this is a great time to invest in IMPT by acquiring the tokens.
Stellar is an open-source, decentralized platform that allows users to create and exchange cryptocurrencies. XLM or Lumens is the network token and acts as an intermediary as assets are first converted into XLM before they are changed into the requested currency.
Stellar is driving financial inclusion, especially amongst citizens of developing countries, because it facilitates cross-border transactions with swift processing time and low cost. Stellar issued 100 billion XLM in 2015, but over half of the supply was burned in 2019. Thus, it stands at 50 billion, with 20.7 billion currently circulating in markets and exchanges.
Stellar is trading at $0.1106, a little down from the $0.1288 it reached days ago. XLM ranks 25 on CoinMarketCap with a 24-hour trading volume of $82 million and a market cap of $2.8 billion. Changelly predicts that the token may reach as high as $0.2 before 2023 ends.
Tron is currently trading at $0.0616 with a 24-hour trading volume of $287.7 and a market cap of $5.69 billion. Tron is one of the popular coins that allows developers to create apps and share them over the network. Users have been able to create smart contracts, tokens and decentralized apps thanks to the scalability and efficiency of the platform.
Tron uses a three-layer architecture – storage layer, application layer, and core layer – to ensure smooth transactions and activities over the network. As a result, it can process about 2000 transactions per second, as against Ethereum, which can only process 5. Tron uses a delegated proof-of-stake (dPOS) where token holders vote for super representatives who validate transactions before they are executed. Tron is expected to reach $0.07 before 2022 ends and 0.09 by 2023.
Algorand is a decentralized platform and fierce competitor of Ethereum. Like the latter, Algorand allows users to create apps and host blockchain projects on its platform. However, it uses a pure proof-of-stake consensus mechanism, meaning that randomly selected validators are in charge of authorizing transactions. This mechanism helps save time and costs by allowing all the validator nodes to be fully functional. When Algorand went online in 2019, the platform could handle about 1 million daily transactions.
ALGO, the utility token of Algorand, is used for all transactions on the platform. However, only 10 billion ALGO were minted and will be distributed until 2030. Currently, ALGO is trading at $0.3141 after hitting $0.4 on September 24. The coin ranks 29 on CoinMarketCap with a 24-hour trading volume of $56 and a market cap of $2.2 billion. ALGO has a strong signal and is one of the coins to watch out for before the year ends.
MLN has a positive outlook for 2022. However, cryptos like D2T, RIA IMPT, TRX and XLM have more buying potential. So if you want to invest in cryptos, acquiring these cryptos now will be of great benefit to you soon.