As the cryptocurrency market gears up for another bull run, savvy investors are on the lookout for the next big opportunity. While established coins like Bitcoin and Ethereum may offer steady returns, the real potential for massive gains lies in undervalued altcoins with low market capitalization. In this article, we’ll look at five upcoming tokens that could yield 50x to 100x returns in the coming cycle shared by Leshka.
What you'll learn 👉
The Power of New Altcoins
In previous bull runs, we’ve seen altcoins like Solana ($SOL), Polygon ($MATIC), and Binance Coin ($BNB) generate astronomical returns of 500x, 475x, and 75x, respectively. The key to replicating these gains is to focus on new, undervalued tokens that have yet to garner significant attention.
Newcomers to the crypto space often gravitate towards the most hyped tokens, especially new ones. These tokens tend to attract a lot of attention and investment, leading to better performance compared to older, established coins. This is why investing in new tokens with more growth potential can be a lucrative strategy.
The Power of Airdrops and Token Sales
Airdrop farming has become a popular trend in the crypto world, allowing users to earn free tokens by joining projects early. Recent examples include $TIA ($80K worth), $PIXEL ($50K worth), and $AEVO ($20K worth). Combining airdrop farming with strategic investments at launch can lead to substantial returns.
Token sales, such as Initial Coin Offerings (ICOs) and Initial DEX Offerings (IDOs), provide excellent entry points for potential unicorns. In 2022, the $SOL sale allowed anyone to participate, resulting in a staggering 800x return on a $1,000 investment.
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Show more +5 Promising Projects to Watch
1. Farcaster ($DEGEN)
Farcaster is a decentralized social network, often described as the Twitter for crypto. With a $30M investment, Farcaster has rewarded active protocol users with free $DEGEN tokens worth over $100K. To get involved, join the platform, create casts, and aim to reach 1,000+ followers.
2. Xion
Xion is the only layer-1 blockchain designed specifically for consumers, backed by Animoca, Multicoin, and Circle, with a $36M investment. To participate, complete tasks on the Xion platform and join the Guild.
3. Superform
Superform is an open, cross-chain yield marketplace where DeFi protocols can freely list their vaults or asset pools. With a $6.5M investment, Superform is well-positioned in the cross-chain sector. To get involved, deposit funds and utilize the platform.
4. Scroll ($SCROLL)
Scroll aims to create an EVM-compatible zk-Rollup supported by a robust proving network. With an $80M investment and reduced transaction costs after the Dencun update, Scroll is a promising player in the L2 sector. To participate, make 10+ transactions, achieve $1k+ volume, and mint NFTs.
5. Zora ($ENJOY)
Zora is a decentralized system that allows people to buy, sell, and create NFTs without permission. With a $60M investment, Zora is well-positioned in the NFT and L2 sectors. Zora users have received $ENJOY tokens worth over $2k, with potential for bigger airdrops in the future. To get involved, mint and create NFTs on the Zora platform.
Other Projects to Explore
In addition to the five projects mentioned above, there are several other promising projects worth exploring further:
- Monad ($MONAD) [the most promising one]
- Ordiswap ($ORDS)
- Taiko ($TAIKO)
- Kontos ($KOS)
- MintLabz ($MINTZ)
By focusing on new tokens, leveraging airdrop farming, and participating in token sales, investors can position themselves to capitalize on the next 50x to 100x opportunities.
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