In an X tweet, crypto analyst Chain Mind shared their insights on the current crypto cycle, stating that while altcoins are expected to pump harder than ever before, only 20% of them will deliver the kind of growth that investors are seeking.
The key to achieving 100x profits or more lies in buying the right tokens, and Chain Mind has identified 8 altcoins that could be part of this exclusive group.
What you'll learn 👉
The Importance of Timing and Research
Chain Mind emphasizes that now is the best time to buy altcoins, as the potential for profit is significantly higher compared to previous bull runs. However, the analyst cautions that scams and tokens on a downward trajectory currently dominate the market.
Blindly investing in any altcoin is no longer a viable strategy, and thorough research is essential to identify the 20% of tokens that are poised for massive growth. Now let’s identify the analyst’s top 8 altcoins.
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Show more +8 Altcoins Set to Skyrocket
- Entangle ($NGL): Entangle is a project that aims to streamline Web3 by offering customizable data and interoperability solutions for seamless blockchain connectivity. With a market cap of $105M and a price of $0.95, $NGL is one of the altcoins to watch.
- Dusk Network ($DUSK): Dusk is a Layer 1 blockchain that focuses on privacy-focused smart contracts and features a fast, compliant Proof-of-Stake consensus protocol. With a market cap of $135M and a price of $0.32, $DUSK is another altcoin with significant growth potential.
- Heroes of Mavia ($MAVIA): Heroes of Mavia is a blockchain-based strategy game where players battle for crypto rewards and acquire and upgrade bases globally. With a market cap of $110M and a price of $3.7, $MAVIA is well-positioned to capitalize on the growing interest in blockchain gaming.
- GraphLinq ($GLQ): GraphLinq offers a no-code automation platform for blockchain processes, featuring an IDE, app, engine, marketplace, and its own chain. With a market cap of $29M and a price of $0.08, $GLQ is an altcoin to keep an eye on.
- Clearpool ($CPOOL): Clearpool is a DeFi platform that offers a marketplace for unsecured liquidity and compliance-ready borrowing for institutions. With a market cap of $74M and a price of $0.16, $CPOOL is well-positioned to benefit from the growing interest in decentralized finance.
- StarHeroes ($STAR): StarHeroes is an esports-ready multiplayer space shooter that offers dynamic, competitive gameplay for intense gaming emotions. With a market cap of $14M and a price of $0.34, $STAR is an altcoin that could deliver significant returns as the blockchain gaming industry continues to grow.
- EMC Protocol ($EMC): EMC is a blockchain network designed for AI applications, using computing power consensus to complete AI tasks via specialized nodes. With a market cap of $34M and a price of $0.9, $EMC is an altcoin that could benefit from the increasing interest in AI and blockchain technology.
- EnqAI ($ENQAI): EnqAI offers unrestricted AI capabilities like image/audio generation and language models, powered by a decentralized GPU network for bias-free AI. With a market cap of $30M and a price of $0.03, $ENQAI is an altcoin that could deliver significant returns as the demand for AI-powered solutions continues to grow.
While the current crypto cycle is expected to deliver massive returns for altcoins, investors must be selective in their approach. By focusing on the 20% of tokens that are poised for explosive growth, such as the 8 altcoins identified by Chain Mind, investors could potentially achieve 100x profits or more.
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