Seasoned investors are well aware of the parabolic gains that cryptocurrencies can provide – often resulting in 100x ROI or more.
However, identifying the best crypto to buy takes skill and careful due diligence. With that in mind, this article explores the most promising projects on the market right now.
How to Find 100X Cryptos?
In bullish periods, it’s common for crypto projects to deliver 100x gains. Fartcoin is a prime example of what we’re talking about.
It is a meme coin launched on Solana meme coin launchpad Pump.fun in October. Its value is up 1,749,286% from its initial CoinMarketCap price. However, it was up significantly more at its peak.
After dropping over 90% from its January all-time high (ATH), it has soared over 300% gain in recent weeks.
A combination of positioning within the right trends and low market capitalization is the reason Fartcoin was able to boom. Traders seeking 100x gains should, therefore, carefully analyze current market trends. They should seek undervalued projects within those areas. With that in mind, here are our picks of the best crypto to buy now:
BTC Bull Token
If there’s one thing that the recent crypto rally has taught us, it’s that meme coins are here to stay. It’s not just Fartcoin that has printed substantial gains. Popcat, Doginme, and several other meme coins are up well over 50% in the past week.
Stil, when it comes to promising meme coins, BTC Bull Token truly stands out. It’s not just an ordinary meme coin; it’s the first cryptocurrency to pay real Bitcoin rewards. The project will pay $BTC and $BTCBULL at key milestones on Bitcoin’s journey to $1 million, starting when it hits $100K.
Bitcoin rallies tend to drag the broader market along with them, but BTC Bull Token stands to disproportionately benefit due to its Bitcoin proximity. Another benefit to this project is that it’s currently undergoing a presale, allowing investors to buy from the ground floor. It has raised $4.7 million so far, reflecting considerable market appeal.
With early-stage community support and an innovative use case, BTC Bull Token could prove to be one of the best-performing meme coins as prices rise.
Aergo
Aergo is the cryptocurrency that has yielded the biggest gains this week, having pumped by a staggering 374%. Given the breadth of this rally, there’s a possibility of a short-term drawdown. However, considering a long-term outlook, this project appears firmly positioned to spearhead the bull market.
It’s a layer 1 blockchain that boasts high scalability and calls itself a “blockchain for the world.” It has partnerships with over 50 enterprises as well as major exchange listings.
The project has a wide range of use cases, ranging from supply chain management to DeFi. A recent social media post also highlighted its focus on “securing digital identities.”
Digital identities are a crucial development in Web3, providing a foundation for verifiable yet private data and liquidity exchange. And with the increasing prevalence of AI, digital identities could also prove a useful way to verify that real humans are on the other end of the screen, not algorithms.
Aergo is pushing forward with blockchain innovation, and its price performance reflects that. However, with a market cap of under $220 million, this project still has the potential to generate substantial returns this year.
Orca
Right now, the Solana ecosystem is experiencing a huge wave of interest, and Orca may present one of the smartest ways to capitalize. Orca is one of the top centralized exchanges on the network, and it’s currently enjoying a growth spurt. Its price has shown incredible momentum this week, with a 78% pump.
Yet, with a market cap of under $200 million, Orca is another project that could yield huge gains as the bull market advances.
In the past 24 hours, Orca has processed $572 million in 24-hour trading volume. It is approximately 30% of Uniswap’s volume, yet Uniswap’s market cap is almost 15x higher.
The Orca team also recently announced that the project will burn 25% of the total token supply and use $10 million of revenue to buy back $ORCA from the open market. With solid adoption, a relatively low market cap, and robust supply and demand dynamics, it seems that Orca could be one of the top performers in this cycle.
The post Best Crypto To Buy: How To Find The Next 100X Crypto appeared first on The Coin Republic.
