Top 22 Altcoins With 100x Gains Amid Ethereum’s Upcoming Upgrade
The post Top 22 Altcoins With 100x Gains Amid Ethereum’s Upcoming Upgrade appeared first on Coinpedia Fintech News
The cryptocurrency market is abuzz with anticipation as Ethereum’s Dencun upgrade approaches, slated for March 13. This upgrade promises better usability, security, and fast transactions, potentially sparking a new altcoin season. Notably, Grayscale highlights that Ethereum’s improvement, including proto-danksharding and data blobs, could push it to the forefront of the smart contract market with unprecedented scalability and efficiency.
But the upcoming Dencun update should also fix Ethereum’s long-standing problems with transaction fees and speed, making it a strong rival to faster chains like Solana. Analysts at Grayscale think that transaction costs for Layer 2 scaling options will go down by a huge amount, potentially exceeding 20x.
Top 22 Altcoins Eyeing 100X Returns
In light of Ethereum’s upgrade and the anticipated altcoin season, seasoned trader Cyclop has identified 22 altcoins with the potential for 100X gains. These altcoins, already listed on Binance, span various sectors, including AI, DeFi, SocialFi, and GameFi. Cyclop’s selection criteria focus on market caps and alignment with current market narratives, offering investors a diverse portfolio for potential gains.
- Injective (INJ): Injective Protocol’s native token with a $3 billion market cap, facilitates decentralized finance (DeFi) derivatives trading.
- Reder (RNDR): Token with a $2.8 billion market cap, associated with Render Network, a decentralized GPU-rendering platform for 3D artists and developers.
- Arbitrum (ARB): With a $2.37 billion market cap, Arbitrum serves as a layer 2 scaling solution for Ethereum, enhancing transaction speed and cost efficiency.
- Sei Network (SEI): A network token with a $2.11 billion market cap, supporting decentralized finance (DeFi) solutions and interoperability between blockchain platforms.
- Sui Network (SUI): Tokenized assets with a $1.89 billion market cap, powering Sui Network’s ecosystem for decentralized applications and financial services.
- MakerDAO (MKR): A governance token with a $1.88 billion market cap, integral to the MakerDAO ecosystem for decentralized lending and stablecoin issuance.
- Starknet (STRK): Token associated with Starknet, boasts a $1.39 billion market cap, providing scalability solutions for decentralized applications (dApps) on Ethereum.
- Ordi (ORDI): With a $1.33 billion market cap, Ordi is a token supporting decentralized finance (DeFi) solutions and cross-chain interoperability.
- Theta Network (THETA): Token with a $1.3 billion market cap, fueling Theta Network’s decentralized video streaming and content delivery platform.
- Synthetix (SNX): Token powering the Synthetix protocol with a $1.27 billion market cap, enabling the creation and trading of synthetic assets on Ethereum.
- Dymension (DYM): With a market cap of $934 million, Dymension is a token associated with a blockchain platform facilitating decentralized finance (DeFi) services.
- Astar (ASTR): A tokenized asset with a $892 million market cap, integral to the Astar blockchain ecosystem for decentralized applications (dApps).
- Ronin Network (RON): Token with a $873 million market cap, supporting the Ronin Network’s blockchain infrastructure for decentralized finance (DeFi) solutions.
- Altlayer (ALT): Token associated with Altlayer, boasts a $557 million market cap, offering blockchain-based solutions for businesses and developers.
- Treasure (MAGIC): With a $326 million market cap, Treasure is a token powering a decentralized ecosystem for gaming and non-fungible tokens (NFTs).
- Ankr (ANKR): Token with a $320 million market cap, used within the Ankr ecosystem for cloud computing services and blockchain infrastructure.
- Space ID (ID): A tokenized asset with a $255 million market cap, integral to the Space ID blockchain platform for decentralized identity solutions.
- SleeplessAI (AI): With a market cap of $216 million, SleeplessAI is a token associated with a blockchain platform offering artificial intelligence solutions.
- Polymesh (POLYX): Token powering Polymesh blockchain with a market cap of $194 million, focused on security token offerings (STOs) and regulated assets.
- Radiant Capital (RDNT): Token associated with Radiant Capital, boasting a $167 million market cap, offering decentralized finance (DeFi) solutions.
- MyNeighborAlice (ALICE): With a $130 million market cap, ALICE is a token powering MyNeighborAlice, a blockchain-based virtual world game.
- Stella (ALPHA): Token with a market cap of $117 million, associated with Stella, a blockchain platform for decentralized finance (DeFi) solutions.
Here’s a Pinch of Advice!
Meanwhile, renowned crypto analyst Michaël van de Poppe advises caution and strategic entry into the market. He recommends against succumbing to the hype during peak altcoin cycles, emphasizing the importance of patience and strategic entry points. Van de Poppe advocates for buying during corrections or downtrends, citing improved risk-reward ratios and favorable entry points.
Read More
Top 22 Altcoins With 100x Gains Amid Ethereum’s Upcoming Upgrade
The post Top 22 Altcoins With 100x Gains Amid Ethereum’s Upcoming Upgrade appeared first on Coinpedia Fintech News
The cryptocurrency market is abuzz with anticipation as Ethereum’s Dencun upgrade approaches, slated for March 13. This upgrade promises better usability, security, and fast transactions, potentially sparking a new altcoin season. Notably, Grayscale highlights that Ethereum’s improvement, including proto-danksharding and data blobs, could push it to the forefront of the smart contract market with unprecedented scalability and efficiency.
But the upcoming Dencun update should also fix Ethereum’s long-standing problems with transaction fees and speed, making it a strong rival to faster chains like Solana. Analysts at Grayscale think that transaction costs for Layer 2 scaling options will go down by a huge amount, potentially exceeding 20x.
Top 22 Altcoins Eyeing 100X Returns
In light of Ethereum’s upgrade and the anticipated altcoin season, seasoned trader Cyclop has identified 22 altcoins with the potential for 100X gains. These altcoins, already listed on Binance, span various sectors, including AI, DeFi, SocialFi, and GameFi. Cyclop’s selection criteria focus on market caps and alignment with current market narratives, offering investors a diverse portfolio for potential gains.
- Injective (INJ): Injective Protocol’s native token with a $3 billion market cap, facilitates decentralized finance (DeFi) derivatives trading.
- Reder (RNDR): Token with a $2.8 billion market cap, associated with Render Network, a decentralized GPU-rendering platform for 3D artists and developers.
- Arbitrum (ARB): With a $2.37 billion market cap, Arbitrum serves as a layer 2 scaling solution for Ethereum, enhancing transaction speed and cost efficiency.
- Sei Network (SEI): A network token with a $2.11 billion market cap, supporting decentralized finance (DeFi) solutions and interoperability between blockchain platforms.
- Sui Network (SUI): Tokenized assets with a $1.89 billion market cap, powering Sui Network’s ecosystem for decentralized applications and financial services.
- MakerDAO (MKR): A governance token with a $1.88 billion market cap, integral to the MakerDAO ecosystem for decentralized lending and stablecoin issuance.
- Starknet (STRK): Token associated with Starknet, boasts a $1.39 billion market cap, providing scalability solutions for decentralized applications (dApps) on Ethereum.
- Ordi (ORDI): With a $1.33 billion market cap, Ordi is a token supporting decentralized finance (DeFi) solutions and cross-chain interoperability.
- Theta Network (THETA): Token with a $1.3 billion market cap, fueling Theta Network’s decentralized video streaming and content delivery platform.
- Synthetix (SNX): Token powering the Synthetix protocol with a $1.27 billion market cap, enabling the creation and trading of synthetic assets on Ethereum.
- Dymension (DYM): With a market cap of $934 million, Dymension is a token associated with a blockchain platform facilitating decentralized finance (DeFi) services.
- Astar (ASTR): A tokenized asset with a $892 million market cap, integral to the Astar blockchain ecosystem for decentralized applications (dApps).
- Ronin Network (RON): Token with a $873 million market cap, supporting the Ronin Network’s blockchain infrastructure for decentralized finance (DeFi) solutions.
- Altlayer (ALT): Token associated with Altlayer, boasts a $557 million market cap, offering blockchain-based solutions for businesses and developers.
- Treasure (MAGIC): With a $326 million market cap, Treasure is a token powering a decentralized ecosystem for gaming and non-fungible tokens (NFTs).
- Ankr (ANKR): Token with a $320 million market cap, used within the Ankr ecosystem for cloud computing services and blockchain infrastructure.
- Space ID (ID): A tokenized asset with a $255 million market cap, integral to the Space ID blockchain platform for decentralized identity solutions.
- SleeplessAI (AI): With a market cap of $216 million, SleeplessAI is a token associated with a blockchain platform offering artificial intelligence solutions.
- Polymesh (POLYX): Token powering Polymesh blockchain with a market cap of $194 million, focused on security token offerings (STOs) and regulated assets.
- Radiant Capital (RDNT): Token associated with Radiant Capital, boasting a $167 million market cap, offering decentralized finance (DeFi) solutions.
- MyNeighborAlice (ALICE): With a $130 million market cap, ALICE is a token powering MyNeighborAlice, a blockchain-based virtual world game.
- Stella (ALPHA): Token with a market cap of $117 million, associated with Stella, a blockchain platform for decentralized finance (DeFi) solutions.
Here’s a Pinch of Advice!
Meanwhile, renowned crypto analyst Michaël van de Poppe advises caution and strategic entry into the market. He recommends against succumbing to the hype during peak altcoin cycles, emphasizing the importance of patience and strategic entry points. Van de Poppe advocates for buying during corrections or downtrends, citing improved risk-reward ratios and favorable entry points.
Read More