The crypto world is rapidly changing, not every day or month, but every day.
While some people believe that making a lot of money through crypto trading only requires luck, in reality, it's the complete opposite.
If there's something that the vast majority of successful crypto traders have in common, it's the hours and days spent on deep research.
But research can often get overwhelming and complex. Thus, we did it for you and crafted a list of crypto with the potential to be soon worth 100x.
Below, we have listed six crypto projects that could soon be worth 100x. All of these projects have compelling use cases and interesting roadmaps, which are crucial to long-term success.
4. Solana (SOL)
5. Balancer (BAL)
6. Avalanche (AVAX)
Tamadoge is a new meme coin with its own Tamaverse, giving its users the ability to create, breed, and battle their Tamadoge pets.
Tamadoge is deflationary crypto, where users can battle to climb up the leaderboard by gaining Dogepoints. Additionally, players with the most Dogepoints collected at the end of each month can claim their winnings from the monthly Dogepool.
Tamadoge uses the latest NFT and token standards and presents you with a token that can inject life into your Tamadoge pets. This project is very serious, knowing that it's backed by a team of crypto experts, marketers, strategists, developers, and designers who know this crypto field inside and out.
In general, most of the crypto projects impose transaction taxes on their users, involving the project taking a percentage of the tokens, which are transferred, bought, or sold. Many of these projects do this to make long-term funding for their project, especially when the tokens lack real utility.
On the other hand, Tamadoge is a different story. Therefore, it doesn't use any transaction tax because they believe value should be forged from the project itself and not only from those trading the token.
This meme coin with utility is crushing social media platforms, and it reached almost 50k followers on Twitter instantly.
Tamadoge was established and created by high-profile meme coin owners with no vesting period and zero tax on all TAMA transactions. And, whenever you purchase in the Tamadoge store, you'll always pay with the Tamadoge token (TAMA). So for a $100 investment, you receive 10,000 TAMA.
If compared to other tokens, Battle Infinity is much more than just a standard token. Moreover, it is an ecosystem that mostly focuses on fantasy sports, enabling its players to create teams and battle with other players to reach a better rank in their leagues.
The platform uses IBAT as a native token, which is hosted on the Binance Smart Chain. In addition, all in-game assets are valued through the token (IBAT), and players can use it for transactions, staking, and other activities.
Battle Infinity was listed on LBank Exchange on August 26, 2022, to expand its global reach further and achieve its vision.
All players get paid from a stake pool, making the source of revenue wholly transparent. Thus, users have a totally safe and unrestricted experience.
The main mission of Battle Infinity is to revolutionize fantasy sports by competing against immensely popular companies in India, such as Dream11.
But it is also looking beyond India and cricket, knowing that fantasy sports are quite popular worldwide and in many other sports, including basketball and football. In addition, India has been adopting blockchain technology faster than other countries, creating some brilliant applications with the technology we've been introduced to.
Besides Battle Infinity, there are plenty of other successful Indian crypto coins, including Polygon, known as the Matic network, WazirX, CoinDCX, etc.
The Coinsniper platform reported that Battle Infinity is KYC verified and has received over 193,900 votes. This discards the possibility of the BI team taking the investors' money and disappearing overnight. Also, it's been claimed that Battle Infinity's smart contract was audited for vulnerabilities by Solid Proof, which gives another layer of security to the players.
Battle Infinity consists of six different products: IBAT Premier League, Battle Swap, Battle Market, Battle Games, Battle Arena, and Battle Stake.
The presale for IBAT tokens ended recently, 66 days before the initial target date, due to the fact that $5 million in BNB tokens were sold faster than expected.
Recently, Battle Infinity got officially listed on PancakeSwap, which also provoked a huge price increase.
At the moment of writing, IBAT is priced at $0.003917, with a 24-hour trading volume of $164,011.
Many crypto investors have already heard of this project, as it became the fastest cryptocurrency to reach a $1 billion market cap early this year.
In short, Lucky Block is an NFT competition platform that offers daily competitions that are decentralized, fair, and transparent. Its native token is LBLOCK, which uses the BEP-20 standard and forms a vital part of the Lucky Block ecosystem, and is mainly used for various tasks, including rewards distribution.
Lucky Block is different from other prize-draw-style crypto projects because everyone is a winner in the Lucky Block project. As long as users possess LBLOCK or a Lucky Block NFT, every Lucky Block user can claim a part of the rewards pool for voting on the next charity to get a donation from Lucky Block.
This allows players to win, even though they weren't successful in the weekly prize draws. Also, every LBLOCK holder with a holding valued at $500 per day before the jackpot draw is enabled to claim one free ticket.
Entries to prize competitions are completed through NFT collections minted for each prize. Additionally, if you are a Platinum Rollers Club NFT owner, you get free entry into all the designated Platinum NFT prize competitions.
Tickets for the special prize draw cost only $1 with a minimum purchase amount of 5.
Recently, Lucky Block's team has developed a new version, called 'LBLOCK v2', which has been released to the public. The newer token version uses the ERC-20 over the BEP-20 standard, which is native to the Ethereum blockchain. Given the fact that Ethereum has the greatest selection of dApps, there is now potential for LBLOCK to be integrated into a list of exciting projects.
LBLOCK v2 is no longer featuring the sales tax, compared to the original LBLOCK token, meaning that it is much more appealing from an investment perspective. So, day traders can now trade LBLOCK freely, which helps them increase liquidity and drive demand.
Even though LBLOCK is not listed on Binance yet, we could see this change soon.
Developed to help power decentralized finance (DeFi) uses, decentralized apps (DApps), and smart contracts, Solana runs on a unique hybrid proof-of-stake and proof-of-history mechanisms that help it process transactions quickly and securely. SOL, Solana's native token, powers the platform.
Solana is also growing in the fields of GameFi and DAOs because its network saw an increase in NFT market interactions and DAO activity, strong interaction with GameFi, and a decline in DeFi market share.
This happened after Solana updated the network and fixed outage problems, improving transaction processing and reliability.
Balancer, which runs on the Ethereum blockchain, is a project that aims to incentivize distributed computer networks to run an exchange where users can purchase and sell any coin with ease.
As such, this decentralized finance (DeFi) protocol makes trading without the necessity of a middleman. In addition, users who contribute liquidity to a balancer pool are compensated with digital currencies. Thus, BAL is the token that powers this AMM exchange.
Balancer also gives investors access to yield farming. By doing that and assisting in reducing price slippage, yield farmers who use the balancer protocol can take advantage of exotic pairs to generate more income.
Avalanche is a blockchain platform which supports smart contracts. It focuses on low prices, quick transaction times, and environmental friendliness.
The project aims to create a scalable blockchain system and, at the same time, retain decentralization and security.
Avalanche's native utility token VAX can be used for payment processing fees, rewards, and other purposes, such as governance. Additionally, it is used for staking AVAX and protecting the network.
The platform offers transaction speeds comparable to top-tier payment processors like Visa, including that AVAX can handle up to 6,500 transactions per second.
Moreover, by enabling multiple blockchains to exchange data and essentially work in conjunction with one another, Avalanche promotes interoperability.
You may find articles on new cryptocurrency or crypto platforms being released daily. However, only a small array of them succeeds in retaining their price and stick around for a while.
Knowing which crypto will crush the market and boost its token price in the future is very hard to forecast. However, there are some indicators that professional crypto experts track to predict the future price of coins effectively.
We have made a list of the six coins that could be worth 100x soon.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.