Bittime - A well - known crypto analyst on the social media platform
This argument is interesting for investors who really want to maximize the profits from Altcoin investments. Moreover, Altcoins are currently experiencing a significant bull cycle.
According to the analyst, crypto market movements follow predictable cycles. This cycle begins with a spike in BTC and ETH prices, followed by altcoins with high market caps, and finally coins with lower market caps.
"We are entering a phase where real growth will be seen in altcoins, especially the newly launched ones. The first wave with Bitcoin and Ethereum has passed, and now it is the turn of altcoins to shine," explained the analyst. He further stated:
You can still turn $1,000 into millions in this cycle. MATIC experienced a 300x price increase after BTC's surge in the previous bull run.
Here are 8 altcoins with the potential for a 100x price increase this cycle.
While stressing the importance of choosing newer altcoins over incumbents like ADA, speculation; this is a pattern supported by the historical behavior of the crypto market."
The eight altcoins chosen by these analysts come from various sectors with growing potential: AI, GameFi, Layer 2 solutions, and meme coins. Each was selected for its unique value proposition and growth trajectory.
8 Selected Altcoins to Make Big Profits
1. enqAI (ENQAI)
Previously known as noiseGPT, enqAI emerged as a pioneer in the artificial intelligence (AI) sector in crypto, with a market capitalization of $119 million.
The platform is dedicated to uncensored and unbiased AI, setting new standards. "In a market hungry for innovation, enqAI represents the leading AI technology in the crypto space," explained the analyst, underscoring the project's unique position to capitalize on the AI revolution.
Also Read: Coq Inu (COQ) Soars 32.59%, Will This Bullish Trend Continue?
2. Jito Network (JTO)
The network stands out with strategic improvements to the Solana ecosystem, with a market capitalization of $300 million. Through the JitoSOL liquid staking pool and MEV products,
Jito Network aims to redefine efficiency. "Jito Network doesn't just support Solana; they also drive it forward," the analyst said, highlighting its important role in the ecosystem's expansion.
3. ChainGPT (CGPT)
This altcoin introduces a cutting-edge AI infrastructure designed for Web3, Blockchain, and crypto, with a market capitalization of $156 million.
The integration of AI technology marks a new era for blockchain functionality. " ChainGPT is at the forefront of the convergence of AI and blockchain," the analyst noted, emphasizing its innovative approach.
Check Today's Crypto Market:
4. Starknet (STRK)
With a market cap of $1.7 billion, Starknet shines as a ZK-Rollup Layer 2 scaling solution, championing Ethereum scalability without compromising security.
The involvement of Ethereum co-founder Vitalik Buterin further enhances its status. "Starknet's innovation, backed by Ethereum's Vitalik Buterin, will play a critical role in the next phase of blockchain scalability," the analyst said, indicating significant support.
5. Celestia (CELT)
This altcoin marked a revolution in blockchain technology with its modular approach, with a market capitalization of $2.6 billion.
This innovation paves the way for simpler blockchain launches. “Celestia is redefining blockchain architecture, making it more accessible and scalable for future innovators,” the analyst explained, demonstrating its potential to change the blockchain landscape.
6. Heroes of Mavia (MAVIA)
In the GameFi space, Heroes of Mavia is turning heads with its strategic gameplay and immersive world, backed by a market cap of $178 million.
This Web3 MMO strategy game combines gaming with blockchain in an innovative way. "MAVIA is not just a game; it is the future of integrated blockchain gaming.
Also Read: What is Heroes of Mavia (MAVIA)? NFT Based Play-to-Earn Game in the Metaverse World
7. Milady Meme Coin (LADYS)
With an interesting collection of NFTs and an active community, Milady Meme Coin ($97 million market cap) is creating a niche of its own.
“Milady Meme Coin represents the spirit of crypto culture, combining art with community like never before,” the analyst commented, capturing the essence of its appeal.
8. SatoshiVM (SAVM)
The final altcoin on the list is SatoshiVM ($51 million market cap) with its innovative Bitcoin ZK Rollup Layer 2 solution.
His approach of using BTC for gas fees introduces a new utility for Bitcoin.
"SatoshiVM's pioneering solution leverages Bitcoin's security in a way that could redefine its application in the broader DeFi ecosystem," the analyst anticipates, envisioning a new trajectory for Bitcoin's utility.
Also Read How to Buy Crypto:
Conclusion
Investors who are interested in altcoins that have the potential to provide huge profits should consider the eight altcoins mentioned above. However, it is always important to be careful and do your own research before investing in any cryptocurrency.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
What Are Altcoins and Their Role in Cryptocurrency
Altcoins vs Stablecoins: Key Differences Between the Two
Going Beyond Bitcoin Lightning Network: Altcoins Fully Supported by Lightning Network
DISCLAIMER : This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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