If you're looking to start buying cryptocurrency, you might be wondering which one will bring the biggest potential return. Although bitcoin might be the obvious choice, it's not necessarily the best one in 2022. Your chances of having a big payoff might be better with other coins that haven't already been pumped up by institutional investors the way bitcoin has.
In this video, we will talk about 3 coins that will allow you to multiply your wallet exponentially.
So, let us see the Top 3 Coins which can bring in Millions.
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Now, let's get started.
#1: Polygon (MATIC)
The first coin will be Polygon Matic.
At the time of this recording, the Polygon Matic is sitting on a market cap of $5.5 billion. That's a bit much, but it's nothing compared to when it hit its all-time high. Its price had almost reached $3, but today it is valued at $0.69. You will make at least 5X if its price returns to its all-time high. In our opinion, this is going to happen, as Mark Cuban and many other billionaire investors have invested in Polygon.
Polygon has backing from the Binance and Coinbase cryptocurrency exchanges. Its token, MATIC, is used for payment services, transaction fees, and as a settlement currency.
New developments that could benefit MATIC prices include the launch by Zo World, a decentralized travel project, of its non-fungible token and other digital assets on Polygon. Individuals who buy those assets also gain ownership of Zo Metaverse real estate. Perhaps more significantly, an Indian state government is using Polygon to issue caste certificates to help deliver government benefits to over 1 million low-income citizens.
Polygon currently hosts 19,000 decentralized applications — about a 600% increase over the last 4 months. In addition, Polygon fully supports the tether stablecoin, which could contribute to the network's future growth. Another plus is its investment in carbon neutrality, which recently has prompted price rallies.
And if you look at the chart now, you're essentially buying at prices we haven't seen since April 2021, before Polygon had a massive blowout.
If it's expected to return to its all-time high of $3, a simple $10,000 investment could net you $100,000. And if you stick with it for the long term, Polygon could well reach $5 or $10. In this way, your $100,000 investment will earn you over $1 million. However, you should know that this is a risky bet. You should be aware of the fact that you can lose your investment. That is why you should only invest the amount you can afford to lose.
#2: Ethereum (ETH)
And the next up is Ethereum.
Ethereum is another cryptocurrency that will make you a millionaire.
You may think that Ethereum already has a huge market cap. At the time of recording this video, Ethereum has a market capitalization of $145 billion. Its current price is $1195, which is approximately the same price it had in January 2018. Ethereum is a safe bet for the long term.
By investing in Ethereum today, you will get around 5X when its price returns to its All-Time-High.
In our opinion, Ethereum will do more than that.
We believe Ethereum will reach $10,000 in the future.
For now, Ethereum is still the best chain, people still need Ethereum to launch their projects. Maybe in the future, this will change, especially with the arrival of PulseChain. But it is not the case yet.
Ethereum is a network that allows developers to create their own cryptocurrency and deploy smart contracts utilizing the network. While Ethereum is far behind bitcoin in value, it’s also far ahead of the other competitors.
Even though it came out years after some other cryptocurrencies, it has far exceeded its place in the market because of its unique technology. It’s currently the most popular blockchain and the second-largest cryptocurrency behind bitcoin.
It stands to gain even more ground once an upgrade nicknamed “The Merge” is fully deployed. The upgrade, which is scheduled for August, will shift Ethereum to a proof-of-stake-based consensus that will reduce the number of coins and render mining obsolete. The Merge is also expected to drastically reduce Ethereum’s energy consumption.
Although ether doesn't have the widespread acceptance of bitcoin, traditional companies are coming on board. Fidelity, for example, is bulking up its tech workforce to create the infrastructure needed to offer Ethereum custody and trading services to its customers.
Now, before you invest in Ethereum, you should definitely know the risks.
While the Ethereum platform utilizes blockchain technology, it currently has just one “lane” for conducting transactions. This can lead to transactions taking longer to process when the network is overloaded. Transaction fees are also high.
Although The Merge will resolve those issues, some have grown tired of waiting. The Dydx cryptocurrency derivatives exchange, for example, is moving to its own blockchain.
Security has also been an issue. In 2016, for example, a hack that took advantage of a security flaw led to the loss of more than $50 million worth of ether. And in May, the network experienced a security issue following the launch of a new blockchain that runs alongside Ethereum’s mainnet. However, that blockchain is on a test network, so users weren’t affected. The final Merge upgrade is expected to make the blockchain more secure.
#3: HEX
Now, the last cryptocurrency is HEX.
You have a better chance of becoming a millionaire by buying HEX now.
At the time of recording this video, Hex has a market cap of $6.4 billion. Its price is $0.03. Which is really low compared to its all-time high of $0.5.
You'll make at least 16 times your money if the price goes back to its all-time high.
And in our opinion, it will make more than that. HEX is about to rise to $1.
If you buy, say, 1 million coins now, you'll make almost $1 million when the coin goes to $1.
One million coins now is only worth $37,241. Sure, it's a high-risk cryptocurrency. But with a huge reward. If Hex doubled from its previous all-time high, $37,241 could potentially make you a millionaire with HEX. We don't know exactly how long it will take. No one knows for sure. But one thing is certain, HEX is a good investment if you want to become a crypto millionaire. Also, don't forget the fact that by investing your money in HEX, you still have the option to lock it in and earn interest with it as well.
Furthermore, when the HEX investors stake the coin for a long time, the price of the coin rises. So, when you stake your coins on the platform for the long-term, you will receive new HEX coins as a share of staking for such time.
There are also penalties for those who withdraw the coins before the said time. So, next time you break the promise, you should remember that you are going to be penalized. The interest that you may receive from HEX for staking the coins for a long time is really huge. The profit will be huge for your wait for such a long time.
The next interesting thing about HEX is its platform. With HEX’s transaction processing engine, almost 2000 transactions can be processed in a second. This system is superior, in fact, superior to Bitcoin as well. There are two different ways to obtain HEX, you can convert Ethereum to HEX or you can simply buy HEX directly from any cryptocurrency exchange platform.
Now, given the high volatility of the crypto market, you should always treat them with caution, so that you don’t end up losing everything.
What other crypto coins do you think will help you become the next millionaire? Let us know in the comments below.
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