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The crypto market is enjoying a bullish period as 'Uptober', as October is known, finally delivered in the last two weeks of the month. November is also a traditionally good month for the market so it's the perfect time for investors to have a look at some new coins.
We had a look at what way the whales were investing and we found that Bitcoin Minetrix (BTCMTX), Meme Kombat ($MK), and TG.Casino ($TGC) were the pick of the bunch. Some research shows that all three have the potential for 100x profits.
So let's look at what gives each so much potential.
Whether you are interested in Bitcoin mining or not this project is going to be worth investing in because of the impact it could have on the market. Bitcoin Minetrix has now raised over $3.1 million and its presale is really picking up steam. Most of this has to do with the fact people are realizing through their staking and cloud mining combination Bitcoin Minetrix could change the industry.
The system is called stake-to-mine. The point of it is to allow everyday investors to take part in Bitcoin mining, something that has not been possible for quite some time. The whole point of Bitcoin was to create a decentralized currency, one of the downsides of it becoming so profitable is mining can now only be done on an industrial level.
Cloud mining was supposed to solve this as it allows investors to enter into cash contracts with companies with the ability to mine. Unfortunately, the market is littered with scammers and even the legit companies are charging fees that are too high to make it worth it for investors.
So how does Bitcoin Minetrix solve this problem? Well the staking works just like normal, investors can unstake and sell at any time, hold onto the tokens and earn a passive income from a generous APY, or exchange the tokens for mining credits. These credits are their entry to the mining world and are burned in exchange for mining time or yields. A cheaper and greener way to mine and the investor is in control every step of the way.
We haven't been excited by many P2E game launches in 2023 as the sector seems to have been left in the shadows by meme coins. Of course, a good way to combat this is to launch a coin that is a crossover between a P2E and a meme coin. That is exactly what Meme Kombat ($MK) has done.
As you have guessed the game is inspired by one of the most famous combat gaming franchises of all time; Mortal Kombat. Meme Kombat is also a fighting game but instead of playing with characters from the original game, you will battle it out with the biggest memes of the last 10 years. It is a unique and fun way to involve memes in the project.
There are many reasons we think this game will be a hit but one of the most important is its use of AI technology. It is used throughout the game to make sure gamers have the best possible in-game experience. It is also used to determine the result of battles which is a very important aside because of the wagering angle.
Alongside a great P2E game players can enjoy an almost Vegas-like experience. Wagering is a big part of Meme Kombat but it isn't just straight-up betting on fight results. Players can bet against the computer, against other players, or, if they are feeling adventurous, side-bet on battle events like what the first move will be. There is so much to this game's ecosystem that's why we think it can see 100x profits.
The crypto casino industry is booming as it benefits from online gambling being legalized state by state in the USA. The next step is to try to catch up with traditional online casinos. This is difficult due to the fact that crypto is still a niche market and an unknown commodity for many. TG.Casino has a partnership that could see them shoot into the mainstream consciousness.
They have partnered with the messaging app Telegram to become a Telegram Casino. There are so many benefits to this. First of all, Telegram is one of the most popular apps in the world so the fact that the casino will be available for all to play on the app gives them a huge audience of potential customers. It doesn't stop there either.
We mentioned that a lot of mainstream online gamblers may not be familiar with crypto. Well, a partnership with an app that is best known for its excellent security and privacy features will ease any fears players may have. Telegram is also known for its efficient bots that keep the app running seamlessly, these will help the casino process bets, transactions, and everything else faster than a normal online casino.
Other than the Telegram partnership, TG.Casino also have shown they will be committed to their players and coin holders through staking and casino rewards. Every day the project will purchase open market $TGC using profits from the casino. 60% of this allocation will be used to reward casino players and sustain the ecosystem, while the other 40% will be burned to increase the worth of those that investors already hold. So, there are many reasons why this casino can produce 100x gains for its coin holders.
Let's finish up with this, it is a great time to invest in some new projects now that market conditions are bullish. We have carefully looked through the presale market and the three coins we have reviewed above all have the properties that could see them return 100x profits for their investors.
