Best Crypto Projects to Invest in Q4: Will It Finally Save the Crypto Market?
Sophia Cruz • 2 min read
The past few quarters have been quite a struggle for crypto investors. All the widespread market downfall would let you think it’s over and just give up crypto. It’s Q4 and despite the market crash, there’s still hope and money to be made. A few crypto projects are now showing real potential and managed to survive despite the situation in the crypto market. Projects such as Aave (AAVE), MakerDAO (MKR), and Oryen Network (ORY) have been making good gains for early investors being the best projects to invest in this quarter. Let us talk about them in detail.
Aave’s prices are still way below their previous high prices. The good thing is, a lot of users and fans believe that it will bounce back and be a solid investment for this quarter. The Aave community is now preparing for the launch of the Aave Protocol V3.
The Aave Protocol V3 targets the ETH (Ethereum) market where it will be a big deal. The DeFi summer and flash loans were pivotal in its growth when the Aave V1 rolled out. During the V2 launch, there were more innovation and heavy staking although there had been some risks, it will be addressed soon by the developers before the V3 is launched.
Recently, Aave almost lost $60 million of funds due to a short attack in its CRV protocol using USDC as collateral. Fortunately, the attack didn’t go through due to the wrong calculation of the decentralized protocol’s liquidity levels. AAVE is currently trading at $64.45 as of this writing.
MakerDAO (MKR) is one of the top democratic projects in the cryptocurrency industry. However, MKR remained at its low trading price compared to its all-time highs of last year. Good thing that MKR still has loyal investors who believe that there will be a surge in its price in the next few months.
Last November 28, MakerDAO published its recent project proposal on whether its DAI savings rate should be increased to either 0.25%, 0.5%, 0.75%, or 1% or if it will be left as it is at 0.01%. So far, the vote is still ongoing at 99.74% cast favored to increase it to 1%.
Oryen Network (ORY)
Oryen shows passive income potential and had already made gains for early investors during its pre-sale. An APY of 90% is waiting to be enjoyed by the investors without staking once ORY is officially launched. Investors will enjoy a fixed price increase as ORY goes into its pre-sale phases. So now is the best time to invest in ORY if you’re aiming for more gains.