Each growth cycle has its own areas that receive hype. It is among projects of such sectors that you need to look for tokens that will give the maximum profit.
For example, in 2020-2021, such sectors were DeFi and GameFi projects. Many tokens gave 10-150x. Look at the #Bloktopia or #Yearn charts. Finance in those years.
However, it is not worth rushing out and buying the growth leaders of past cycles. Their time has already passed. We need to look for new directions and sectors. One such sector is DA Layers.
🗄 Data Availability (DA) Layers are decentralized data storage. Today, there are hundreds of different blockchains that generate a huge amount of transactions and data every second. All this needs not only to be stored, but also used to create decentralized services.
🔗 DA blockchains and projects solve the problem of data storage, so their popularity is gaining momentum. The leader of this sector, Celestia (TIA), literally yesterday received an additional $100 million in investments. In total, $155 million was poured into the project.
However, for investments it is better to consider #Avail (AVAIL), which we have written about several times.
This is a more technologically advanced project if you compare it with #Celestia , which has already received more than $70 million. Now Avail's valuation is 4 times less, so the potential profit here is sweeter. 🍯
We received tokens through a drop and do not plan to sell before $2. From the current values, this is ~13x. Or maybe we will hold on longer. It is quite possible that we will see $3-$4 bucks and take our 25x
If you are interested in such posts, put 🔥👍🏻
