The current downturn offers the perfect opportunity for anyone looking to buy encryption with a 100-fold price-saving potential.
Prices have been corrected over the past month, and analysts are confident that with the next rise, a number of smuggled coins will once again be in value.
Every potential investor understands that the goal is to maximize value and get as much as possible. So we have some of the most popular options for those who want crypts that could multiply 100-fold price gains in the future.
We selected these funds based on their historical performance and some developments that could help them add value. With this in mind, we get to the list:
1. Dogecoin (DOGE)
Dogecoin is the most popular memecoin in encryption mode. While it may not have uses, it benefits from its massive community – which competes with any asset, including Bitcoin.
DOGE has had a tremendous year despite the market downturn. It started trading at $ 0.005685 in 2021 and is currently trading at $ 0.236 – a 4000 per cent gain in six months.
When the market downturn came, DOGE was one of the hardest hit assets, falling to an all-time high of $ 0.74.
It started at a new low of $ 0.16 earlier this week, although it has been working back. It has already risen 47 percent since it hit that low.
The relative strength index (RSI) of DOGE is 38.4. The asset trades below a 20-day moving average (MA) of $ 0.298. It may take a day or two before it rises to that point, but breaking it can put DOGE on a big uptrend.
It is rumored that carmaker Tesla could work to accept DOGE for payments. Elon Musk himself started a survey from last month. This would definitely increase the value of the property.
2. DeFi coins (DEFC)
DEFC is an excellent option for those who want to buy cryptocurrency before the outbreak. It is a community-led DeFi token that serves the DeFi Coins protocol – a platform that enables easy and seamless encryption.
DEFC facilitates functions such as static fees, automatic liquidity pools, manual burning and much more. The ID is currently hidden, but you can buy it from Uniswap for only $ 0.10 worth of the previous sale. You can also buy it from DeFi Coins.
While DeFi is still in its infancy, many funds have a lot of growth potential. DEFC is definitely one such resource.
You will see the pre-sale contract address bscscan.com, which allows public control of both inbound and outbound purchases and sales.
This is the contract address: 0x9d36c80944ab74930fb216daf0c043d4dccdaeb7
For a deep dive with DeFi Coin, Download the publication.
All cryptocurrency investments jeopardize your capital. You can lose all your initial investment
3. Shiba Inu (SHIB)
Shiba Inu has self-proclaimed “Dogecoin Killer,” which is another memecoin that has inspired a lot of investors.
Like Dogecoin, Shiba Inu has exactly no significant use case. But its community is strong and things work for it so far.
SHIB was launched in September 2020 at $ 0.00000001 and is currently valued at $ 0.000006572. So, the value of the asset has risen 65,000 percent since its release.
It is definitely still in a downturn, dropping much of its value once it has reached a high of $ 0.0000495. But given the value, SHIB is an exciting choice for anyone looking to invest in cryptography with a 100-fold price-gain potential.
4. Yearn Finance (YFI)
YFI is a symbol of Yearn Finance, one of the most popular decentralized finance (DeFi) platforms available. Yearn Finance acts like a trade advisor DeFi users, enabling them to make the most of their investments. YFI mostly used for the payment and administration of fees on the Yearn Finance platform.
YFI began operations in August 2020 at a price of $ 870.64. Today, it trades at $ 30,425 – a 35.00 percent increase, even when the downturn is taken into account. The property has also generated a return of more than 100 percent several times over the past year, which has generated significant value for investors.
There is also a lot of excitement when you buy YFI. The logo is expected to test its all-time record, $ 94,873, as the market recovers and DeFi status rises to its feet again.
The Ghost is the leading DeFi forum. It is a lending protocol that allows users to borrow and borrow funds by paying interest to liquidity providers on their investment.
GHOST is used in the same way as YFI Yearn Finance – it is mostly for administration and payment of fees.
The logo was made available last October and had a flat starting price of $ 52.25. Today, the token trade is $ 202.18.
AAVE’s map data also shows that it has generated more than 100-fold profits on several occasions.
Wealth fell significantly when the downturn hit, slipping from an all-time high of $ 635.81 to $ 89.84 last week. The price movement of a commodity alone over the last two days means an increase of 125 percent.
The RSI is 31.77, GHOST has been severely purchased. The property is now aiming to exceed its $ 205.11 capital in 20 days.
As DeFi mode continues to grow, DeFi blue chips will lead the rally. Thus, AAVE is in the best position for its victory. The property is also a low-cost deal, making it an exciting opportunity to take advantage of this encryption, which has the potential to generate 100x price gains in the future.