The 100x coin is a bit of a headline. It should be more realistic to say 10x coin. In fact, we all know that this round of bull market is atypical. The time rhythm and the impact on the economic situation of the US counterpart are very different from before. Although web3 is not allowed by domestic policies, the number of users and infrastructure in the world are now very different from before.
Everything has an early dividend advantage. Corresponding to the return on investment, the opportunities for 100x and 1,000x returns in the secondary market are much less than before. In addition, the difficulty is much greater, and there are higher requirements for people and professional focus. Especially from this year's situation, if you want to get more than 5 times the return, basically there are some opportunities on the chain. It is rare for many so-called value coins on centralized exchanges to not lose money.
So, assuming that everything starts from now on and past gains and losses are not taken into account, at the current time point, facing the conservative second half of the bull market in the future, which currencies can generate more than 10 times the returns if they are deployed in advance?
BE
The SEI Network recently announced new ecosystem integrations aimed at improving the blockchain. Two yield-generating Liquid Staking Tokens (LST), Seiyan ETH (sETH) and Super Seiyan ETH (ssETH), developed by Nucleus and Dinero, have now been integrated into the SEI ecosystem. Nucleus is a network yield provider, while Dinero is a yield framework for Ethereum.
In terms of financial performance, SEI’s total value locked (TVL) has now reached $200 million, further reflecting the significant growth of the network’s DeFi offerings. Following the successful launch of its V2 protocol, SEI’s TVL surged from $5 million in January 2024 to $200 million in September. This means that the locked value has increased by 57.44% monthly over the past four months. Additionally, active user engagement increased by 244%, with daily active users increasing to 65,000.
Looking at SEI's token economics, there is huge potential for further growth. With 1.8 billion SEI tokens in circulation and a total supply of 10 billion, there is considerable room for expansion in the future. The network plans to issue 55% of its tokens next year, which may drive further development. As a result, it is expected that SEI may achieve significant growth in the DeFi and AI-driven altcoin space by 2025, with some forecasts suggesting an 8-10x increase.
BEAM
Beam is currently priced at $0.01924, up 2.18% in the past 24 hours. In the past 30 days, the stock has recorded 17 up days, which means that the daily closing price was higher than the opening price 57% of the time. This puts Beam close to its recent cycle highs, reflecting positive market trends.
Meanwhile, the overall market sentiment for Beam is bullish, with 20 technical indicators showing an upward trend. In the short term, the price is expected to rise steadily, with forecasts showing $0.019634 on October 2 and $0.02089 on October 3. By October 5, the price could rise to $0.024133, a 29.34% increase.
Furthermore, the price of Beam is expected to continue climbing and could reach $0.060009 by October 30, 2024, a gain of 221.62%. The Fear and Greed Index is 61, indicating a certain level of greed in the market, while Beam's price volatility over the past 30 days is 14.51%. Given the current technical signals, now could be a good time to consider investing in Beam.
TRX
TRON (TRX) is currently trading at $0.1553, having dropped slightly by 2% in the past 24 hours. However, over the past year, the price has risen significantly by 75%, outperforming 54% of the top 100 cryptocurrencies during this period. TRON is trading above its 200-day Simple Moving Average (SMA), currently trading 18.54% above the SMA value of $0.13085. It also exhibits strong liquidity based on its market cap and continues to perform well compared to its initial token sale price.
TRON’s market sentiment currently looks bullish, with 28 technical indicators showing positive momentum. However, the short-term forecast suggests a possible drop. The price prediction for next week places TRON between $0.142616 and $0.139858, which means a possible drop of -1.93% by October 13, 2024, if the upper target is reached.
TRON is expected to trade between $0.122752 and $0.249127 in 2024. If the upper limit of the range is reached, the coin could rise by 60.61% and could reach $0.249127 by the end of the year.
