Would you like to turn your $1000 into $10,000 or even $100,000? If you had invested $1,000 on Fantom at its all-time low and sold it at its all-time high, you could have turned your $1,000 into over $100,000. Likewise, if you had invested it on DogeCoin, you could have gotten over $3 million. With that amount, you could have retired from work, bought a house in the Bahamas, and enjoyed your retirement. In this video, we're going to share with you 4 crypto projects that we think can help you reach your $100,000 goal quickly. Be sure to watch this video all the way through so you don't miss anything.
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The first crypto that we believe has massive potential is Aave.
Aave is a decentralized lending and borrowing protocol initially built on the Ethereum blockchain.
The first crypto that we believe has massive potential is Aave.
Aave is a decentralized lending and borrowing protocol initially built on the Ethereum blockchain. Through Aave, users of the Ethereum and Polygon blockchains can borrow cash and deposit cash to participate in the operation of the protocol.
The interest for a borrower is to be able to find liquidity without having to sell his cryptos. A bull run, for example, can present many opportunities for trading gains. The volatility can be so high that it becomes profitable to pay a high annual borrowing rate for a trade that can last a few days or even a few hours.
Furthermore, the Aave protocol allows its users to make flash loans. If the operation seems to be meaningless at first glance, it is not. Indeed, thanks to this, it is possible, in periods of significant market price variation, to proceed in a single operation to arbitrage between two exchanges.
Now, AAVE is a relatively popular token at the time of writing, ranking as the 44th most valuable token on the market.
In 2021, AAVE's share price experienced a significant rise but has since suffered a drop of about 85%, partly due to the bear market we are experiencing. Therefore, analyzing the growth potential of this project is crucial to determine if it is an attractive investment in 2022.
To do this, we need to observe the activity of the Aave protocol. It turns out that it is, to date, and by a wide margin, the most used protocol in decentralized finance (DeFi). Indeed, even though its activity has declined since 2021, Aave remains dominant in terms of total value locked in with about $9.5 billion.
This shows some resilience of the project in the face of the bear market, as investors continue to use it, ahead of other popular DeFi protocols like Curve or MakerDAO. It is thus considered by many, and rightly so, as one of the blue chips Ethereum protocols on the market.
In addition, Aave saw in March 2022 the launch of the 3rd version of its protocol, notably strengthening its security and level of decentralization. Then, in August 2022, the government agreed to the launch of an over-collateralized stablecoin native to the protocol, GHO.
Finally, the main alternative to Aave, the Compound Finance lending protocol, is also very popular. However, Compound is far behind Aave both in terms of activity and valuation.
This is why you need to buy AAVE before the next bull run.
The next one is going to be Chainlink.
It is often said that "a rising tide lifts all boats"; the huge bullish rally of 2017 has given rise to many blockchain projects, including Chainlink.
Chainlink integrates real-world data into smart contracts and vice versa. The project aims to solve this problem by enabling secure and reliable access to real-world data and off-chain sources.
The company has already launched a main chain with "seven important on-chain features," which has made it easier for developers to access APIs from platforms like CoinMarketCap, CryptoCompare, Kaiko, EasyPost, FlightStats, Brave New Coin, and Chainlink Alarm Clock.
The technological value of the Chainlink project is the subject of real interest among the investment community. This is reflected in the rising price of each new development. Successive announcements of partnerships with firms such as Google, Avalanche, Polygon, BNBChain, Ethereum, and Solana have, for example, been followed by a rise in the value of LINK.
Since Chainlink is based on a decentralized blockchain and allows for the execution of many transactions simultaneously, it is obvious that it will attract more interest in the coming months. LINK is still far from finished bringing value to investors. So, if you're interested in investing in this crypto-currency, now is the time to get started.
Now, the third crypto is Decentraland. Decentraland is one of the leaders in the metaverse. Created in 2019 this metaverse is one of the first-borns of this fast-growing sector. In Decentraland, you buy different LANDs that take the form of NFTs. With this innovation, you can authenticate and certify the ownership of an object on the blockchain.
There are several reasons why you might want to invest in MANA.
Since last year, it is impossible to miss metaverses. Popularized by Facebook's name change to Meta, this concept of virtual and immersive reality has invaded the media, the economy, and the crypto-sphere. A metaverse can be defined as a universe parallel to ours, in which we evolve and interact as in real life, engaging in socializing, games, or even work.
Beyond a simple game or an open universe like Second Life, the metaverse intends to redefine our life habits. Many companies and major players are interested in this sector and we have seen a multitude of projects appear in recent months.
When it comes to crypto-currencies, the popularity of a project and its strength are two key factors in forming an opinion. With an "immortal" project and growing popularity, our MANA crypto opinion is very optimistic. Decentraland was one of the forerunners of the metaverse before the sector experienced strong growth. So, in our opinion, this is a cryptocurrency that could be a good investment.
And the last one is going to be Near Protocol. The NEAR protocol aims to offer a platform for creating dApps. It is therefore positioned as a competitor to solutions such as Ethereum, Solana, Avalanche, or Cosmos.
Near Protocol is one of the cryptos with a great future. At the moment, one goal has already been reached. Actually, NEAR's immense throughput capabilities are achieved through a technology known as Nightshade. In addition to all this, its technology allows it to achieve transaction costs 10,000 times cheaper than those charged by Ethereum, making them insignificant in comparison. These are just small glimpses of Near's success and future, but there are many more to come.
Investing in Near crypto is a good idea. It is true that the complexity of operating and using blockchains like Ethereum and other similar projects, like Avalanche Crypto, has kept users away from this amazing technology. Indeed, the Near protocol wants to bridge this gap and bring the technology up to date by simplifying its system design while making the blockchain more usable, scalable, and secure.
Moreover, NEAR is the next-generation blockchain that is faster and more cost-effective than the market leader, Ethereum. In addition, it has an EVM that allows developers to run Ethereum DAPPS on NEAR at a fraction of the price. For the reasons we just mentioned, you should buy Near Protocol.
Now, do you think these cryptos can explode? Share your thoughts with us in the comments section below.
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