Are you looking for a way to make 100X in crypto? Well, this video is for you.
In today's video, we are going to share with you 3 Altcoins that we think have huge potential.
The good thing is that right now we are in the bear market, and the price of each token has dropped, which is a great opportunity because you can buy these tokens at a cheap price, so you will be sure to have huge gains this year and beyond.
Watch this video till the end so you don't miss anything.
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The first cryptocurrency that we believe could potentially explode by 10,000% or more by 2026 is Algorand. Algorand is currently the 27th largest digital currency, with a market cap of $2.2 billion.
While social media-based hype and pumping were the keys to big gains in the meme coins in 2021, the not-so-subtle secret to sustainable long-term gains in the cryptocurrency space is providing differentiation and a competitive edge. Algorand does this through its speed, security, and focus on interoperability.
Similar to Avalanche, Algorand makes sending data, files, or money as well as scaling the network fast. At last check, Algorand's website showed it was processing at 1,162 TPS (this blows Bitcoin and Ethereum out of the water), and it had an impressive block finality of 4.36 seconds. Considering that existing financial infrastructure can take up to a week to validate and settle cross-border payments, completing a transaction faster than most of us can walk to our refrigerators is quite impressive.
Algorand differentiates itself in a positive way with what's known as its pure proof-of-stake (PPoS) consensus mechanism. With standard proof-of-stake networks, it's possible for smaller holders to potentially disrupt the network. But with PPoS, holders are randomly and secretly chosen to vote on proposals and propose blocks. Since holders of ALGO have an incentive for its success, this randomization all but eliminates nefarious activity that might otherwise disrupt the network.
However, the real key to Algorand's long-term success is it's prioritizing of interoperability. In simple terms, we're witnessing the development of countless unique blockchain projects. While some will play nice with each other, there's a good chance many won't work together. That means no ability to send data, files, or payments. Algorand is explicitly looking to bridge these technological gaps. For enterprise utility, Algorand is a genius play.
One of ALGO’s biggest advantages is its “proof-of-stake” algorithm, which offers a high degree of security and scalability and requires less electricity than Bitcoin and other platforms. This feature will only grow in importance as cryptocurrencies face more criticism, and possible regulation, for their massive energy consumption.
It is for these reasons that we believe Algorand will explode and benefit patient investors.
Another crypto that we think could potentially explode is Avalanche.
Avalanche is the cryptocurrency that excites us the most right now. Avalanche is one of our favorite cryptos, and you will understand why we added it to our Watchlist.
Avalanche is the 17th largest cryptocurrency with a market cap of $5.3 billion.
As we record this video, Avalanche has sputtered. Its price has dropped from $140 to about $19.3. That's a steep drop, and it's all due to the bear market. No crypto has been spared. Even Bitcoin, which is the largest cryptocurrency in terms of market capitalization, has taken the brunt of it.
But this is not the end. On the contrary, this is just the beginning in our opinion. If you want to get into cryptocurrency investing, you should expect this kind of volatility. This is not the first time this has happened and it won't be the last. But one thing is for sure, Avalanche is one of the cryptos that has huge potential and could potentially go 100X or even 1000X.
If you want to know why Avalanche is so important, hit the “Like button”, hit the “Subscribe button”, and share this video if you haven't already. Now, let's continue.
Smart contracts help to verify, facilitate and enforce the negotiation of a contract on the blockchain. The reason this smart contract-driven blockchain network is so exciting is its speed, scalability, and compatibility.
In terms of speed, transactions on Avalanche's network offer a block finality of less than two seconds. This just means files, data, and payments sent on the network reach their destination and are validated in less than two seconds. Comparatively, Bitcoin and Ethereum, the two most popular crypto networks, complete transactions in respective average times of 60 minutes and six minutes.
But what most impresses us about Avalanche is its compatibility. While it's no secret that decentralized application (dApp) developers favor Ethereum, Avalanche has the Ethereum Virtual Machine (EVM) up and running on its blockchain. The EVM is the software that developers use to create dApps on Ethereum. In other words, Avalanche is dangling a carrot to dApp developers that will hopefully entice them to come to its network and enjoy faster processing, lower costs, and exceptional scalability, relative to Ethereum.
It seems like a no-brainer for us that dApp developers will flock to Avalanche in 2023 and beyond.
That's why we think Avalanche has tremendous potential and could explode in the future.
#3: Axie Infinity
And the latest cryptocurrency that we think has huge potential is going to be Axie Infinity.
A third cryptocurrency with the momentum and real-world data to back up a potential climb of 10,000% or more over the next five years is Axie Infinity (AXS). Axie Infinity slots in as the No. 42 digital currency by market cap.
As noted, anything having to do with the metaverse or the creation of virtual characters or worlds is expected to be hot throughout 2022 and beyond. Axie Infinity is a play-to-earn game built on the Ethereum blockchain. And we probably don't need to tell you that it's not difficult to lure in gamers if there's a potential monetary reward for their involvement.
The game is fairly straightforward. Users collect, raise, breed, upgrade, and battle monsters known as Axies, with a minimum of three Axies needed to wage battle. Users who win these battles are awarded experience points, which can be used to upgrade various aspects of their characters.
What makes this project, and other blockchain-based gaming, so unique is how ownership of these digital assets is recognized. With traditional console and PC gaming, any characters or virtual worlds created remain the property of the company that developed the game. But with play-to-earn games like Axie Infinity, users own their creations. Each Axie created is a non-fungible token (NFT). These NFTs can be used in gameplay, or they can be monetized in a marketplace (i.e., bought and sold). Allowing users to own their creations is bound to bring a new level of excitement to blockchain-based gaming and virtual worlds.
But Axie Infinity has a good shot to head a lot higher. According to data from TokenTerminal.com, Axie Infinity has brought about $1.23 billion in trailing 180-day protocol dApp revenue. That's second only to Ethereum, which netted an incredible $5.15 billion in protocol dApp revenue over the same stretch. With real capital flowing to Axie Infinity, a viable case can be made that it could moonshot over the next five years.
As such, this makes Axie Infinity one of the best Metaverse coins to buy for market performance.
What other crypto do you think could potentially make 10,000X? Let us know in the comments.
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