The cryptocurrency market is expected to see explosive growth in 2024, with multiple cryptocurrencies expected to outperform the market. While Ethereum remains the dominant player, other cryptocurrencies are gaining momentum and attracting investor attention. The tantalizing prospect of turning a modest $10 investment into a generous $1,000 return in a week!
Moreover, the number of cryptocurrency users is expected to grow to 1 billion by 2025. Bitcoin is likely to maintain its upward trend due to its limited supply. Meanwhile, altcoins with strong use cases can be huge wealth creators. Now, let’s discuss the best altcoins to buy in the next 18 months to reap multiple returns.
Recommend 4 cryptocurrencies that are about to increase 100 times in the bull market
1. RNDR
Currently trading between $8.20 and $10.70, RNDR is showing more corrective movement, reflecting a pullback from higher prices as reflected in negative month and week changes.
Considering RNDR’s current situation, a balanced price outlook is key. On the upside, a breakout above the nearest resistance at $11.65 could push toward the second resistance at $13.56, which could signal a recovery.
2. GOAL
Zilliqa (ZIL-USD) has not participated in the altcoin rally. The ZIL token has remained largely sideways over the past 12 months. Data analysis suggests this is a great opportunity to accumulate. Once a breakout occurs, a 5x to 10x return could be in the blink of an eye.
All in all, Zilliqa is the world’s first blockchain network to use the concept of sharding. In this technology, transactions are divided into smaller groups and parallel transaction verification is performed among miners. This means faster transaction speeds and significantly lower costs on the Zilliqa network compared to Bitcoin or Ethereum (ETH-USD). Another problem that Zilliqa solves is scalability. The transaction capacity scales as the size of the network grows. It is also worth noting that the ZIL token has an attractive annual interest rate of 10.3%, and currently about 29% of the circulating supply has been staked. Therefore, users can secure the network and earn a significant annual interest rate on an undervalued token.
3.POLYX
Polymesh is an institutional-grade permissioned blockchain built specifically for regulated assets. It simplifies outdated processes and opens the door to new financial instruments by addressing challenges in governance, identity, compliance, confidentiality, and settlement. Polymesh is built on the Substrate framework and uses the Nominated Proof of Stake consensus algorithm.
The founders of POLYX Coin are a team full of innovation and passion. The founders of POLYX Coin are committed to providing users with a safe, efficient and anonymous cryptocurrency. Their goal is to improve the existing financial system through blockchain technology and provide users with a decentralized and fair trading environment.
Since the news that BlackRock launched the Security Token (STO) fund, the topic of Real-Connected Asset Tokens (RWA) has attracted attention. Polymesh has STO directly, so it is equivalent to a great positive factor, which led to a sharp rise.
4.LINK
LINK recently experienced a weekly decline of -6.49% and a monthly decline of -11.59%. These fluctuations highlight the importance of Chainlink (LINK) in facilitating decentralized oracle networks and connecting blockchains with real-world data, which is a key function in enhancing the interoperability of chains such as Polkadot (DOT) and the unique product of Koalacoin (KLC).
The current market conditions reflect the fast-paced nature of the crypto world, highlighting the strategic importance of Chainlink (LINK) in the blockchain ecosystem. Chainlink’s (LINK) role in enhancing the functionality of tokens such as Polkadot (DOT) and Koala Coin (KLC) suggests that rallies and gains are likely for informed investors.
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