Here Are the Top Small-Cap Altcoins That Will Beat the Market, According to Crypto Trader Tyler Swope

Cryptocurrency trader and influencer Tyler Swope is naming three small-cap altcoins that he believes can go against the flow while the broader crypto market corrects.

In a new video, Swope tells his 201,000 YouTube subscribers that he’s looking at decentralized finance (DeFi) platform Bao Finance (BAO).


He says the altcoin is worthy of investor consideration as it continues to make progress while settling down from its initial hype phase.

“The xDai pools are deployed, a few minor bugs, but as we can see from the Baoman’s mouth: ‘Block rewards were pushed back one more day but the farms are working and stable. User deposits can start now.’ Yes, the crops are ready to be farmed on xDai. They are moving exactly as planned.”

Swope adds that BAO can now be used as collateral for spot trading on cryptocurrency derivatives exchange FTX.

The second altcoin on Swope’s list is Deus Finance (DEUS), which is an asset tokenization platform that allows users to trade real-world assets and derivatives such as equities and commodities directly on Ethereum.

“Deus is officially launching its decentralized trading platform in the next 48 hours. You will be able to trade hundreds of stocks, forex and selected cryptos on xDai without time restriction.”

Swope believes that the current total value locked within the platform of $39 million will grow as the project launches a scalable synthetics platform.

The last altcoin on Swope’s radar is DeFi platform Non-Fungible Yearn (NFY). According to the crypto influencer, the platform is expanding the possibilities and opportunities in the non-fungible tokens (NFTs) subsector by “taking NFTs and applying it to DeFi.”


“They are the first DeFi protocol to utilize NFTs to make yield farming more secure and flexible by protecting the wallet and allowing the first transferable stake. What this does is create an ecosystem where instead of wallet addresses that represent the right to stake, an NFT will represent the right to the staked funds and the yield they generate. You will be able to trade your staked tokens and future yield via an NFT.”

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Featured Image: Shutterstock/Tithi Luadthong


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5 Digits To 8 Digits: How Moonrock Capital’s Polkadot Thesis Played Out In 2021

2021 has been the year of layer one blockchain networks, particularly Polkadot (DOT). At the center of the growth of the ecosystem have been early-stage venture capital funds backing key infrastructure being built to support the DOT ecosystem.

Moonrock Capital, founded by partners Alex Smith, Simon Dedic and Jonathan Habicht, started the fund in 2019 with five digits of starting capital.

Within two years, the fund’s assets under management (AUM) has grown from 5 digits to 8 digits, with its early bet on Polkadot driving most of the success.

In an interview, Dedic emphasized that Moonrock Capital focused on passive investments to startups. Over time, the fund naturally forayed into incubation, working closely with projects.

“We learned that actively working with these projects in areas such as business development, marketing and helping with their go-to-market strategy meant that we were a lot more comfortable with our investments from a risk management perspective. It is because of this that we made the decision moving forward to focus on the incubation and active growth acceleration of the startups we invest in,” Dedic said.

One of the most successful investments that catapulted the fund was Polkastarter.

Since late 2020, Polkadot has been seeing an explosive increase in the number of early-stage project. Most of these projects have raised funding through Polkastarter, which in concept is similar to Angelist on Polkastarter.


“The best example of this would be Polkastarter. When we first initially entered discussions with them it was essentially just a concept, albeit a very promising one. From initial idea to MVP launch we worked in tandem with them to design the token metrics and economics, advised them on the go to market strategy, gave them access to our network of investors and many other tools that were needed to become a success,” explained Dedic.

Dedic emphasized that he attributes the massive growth of the fund to “investing and pro-actively working extremely closely with startups” to accelerate their growth.

One of the many reasons Polkadot has seen an uptick in both retail and institutional interest is Goldman Sachs, JPMorgan, and UBS reportedly trading an exchange-traded fund (ETP) revolving around DOT.

Dedic said that this trend shows after several years, Polkadot has finally begun to garner the attention of traditional institutions.

“The fact that Goldman, JPMorgan and UPS are looking for exposure to DOT is confirming the trend that we have been expecting and planning for at Moonrock Capital. It’s clear now that, after a couple of years of rumours and hearsay, we finally have the attention of major traditional institutional players,” he explained.

The Ethereum DeFi ecosystem has also seen an increase in the number of funds, both small and large-scale funds, actively incubating and assisting projects, over passive investments.

In the foreseeable future, Dedic sees significant potential in DeFi, but noted that the space is getting crowded, with the emergence of projects trying to take advantage of the DeFi hype.

Atop DeFi, he pinpointed new layer one solutions and NFTs as two highly potent markets the fund is positioning for in 2021.

“Aside from DeFi, one current narrative we are exploring is the emergence of new Layer 1 Solutions who are looking to capatilise on the fact that Ethereum 2.0 is delayed whilst the network is consistently slow, congested and expensive. It is because of this that we are taking a big interest in the Polkadot, Cosmos and Solana ecosystems who are seeing some impressive growth over the last few months. We are also heavily invested in the NFT market as we believe that potential for growth with NFT technology is exponential and we are only at the cusp,” he wrote.


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What Ethereum killer? On-chain data shows competitor networks are still behind

Ether (ETH) remains the second-largest cryptocurrency and it absolutely dominates the smart contract industry according to an array of network usage metrics. Even though the network has been overwhelmed by peak activity which is causing median fees to surpass $10, the network effect of its large user and developer base seems to be enough to sustain its position as the second ranked cryptocurrency by market capitalization.

Nevertheless, some key on-chain metrics are beginning to show a potential change in Etheruem’s supremacy, which raises the age old question of whether an “Ethereum killer” will be able to dethrone the top network?

Smart contracts Total Value Locked (TVL) ranking. Source:

As shown above, the Ethereum network vastly dominates decentralized applications (dApps). Due to its high gas fees for transactions, when analyzing the number of active addresses, the Ethereum newtork appears to be at a disadvantage to its competitors.

Over the past week, FLOW blockchain’s NBA Top Shot had almost 80,000 active addresses which is five times larger than Ethereum’s Rarible NFT marketplace or even SushiSwap. Thus, the first data to analyze is the daily active addresses number across each blockchain.

Daily active addresses. Source:

The chart above shows that Tron (TRX) has recently surpassed Ethereum in daily active addresses, although this metric can be easily inflated. The Tron network has virtually zero fees for simple transactions which creates an unfair comparison.

By measuring effective transactions and transfers,it’s easier to exclude the addresses that are not contributing to the network.

Transactions and transfers, adjusted, USD. Source:

By doing this we can see that Tron doesn’t come even close to Ethereum’s numbers, although Cardano’s (ADA) recent price growth has led to a virtual tie between the two.

Oddly enough, the Tron network holds over 14.5 billion of the Tether (USDT) in circulation, which by itself should boost network usage metrics. Meanwhile, Cardano has 90% fewer daily active addresses than Ethereum, yet, both networks handle the same amount of transfers and transactions.

This is especially problematic as Ethereum handles 20 billion Tether tokens and also manages all the transactions of Chainlink (LINK), USD Coin (USDC), Wrapped ETH (WETH), and many others.

ETH, ADA, NEM, NEO, TRX market cap, USD million. Source:

This data should, at least theoretically, be reflected in the market capitalization. Thus, it makes sense for Ethereum to dominate the ranking as no other network is even close to its decentralized applications.

Moreover, when analyzing the transfer and transactions’ value, Ethereum leads by 50 times if we exclude Cardano’s questionable figures discussed earlier.

For the time being, the data suggest that the four “Ethereum killers” analyzed above are unlikely to “flippen” the Ethereum network anytime soon.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.