Disclaimer: This is a sponsored content and press release. KoinFinans.com cannot guarantee the accuracy of the content on this page provided by the relevant company and cannot be held responsible for any damages that may arise from the products and services on this page. Cryptocurrency investments are high risk investments, readers should conduct their own detailed research before committing to any transaction.
Those who invest in cryptocurrencies invest according to a certain strategy. Crypto markets offer a unique investment area in terms of volatility. In the crypto world where volatility is high, it is necessary to adopt a flexible approach. Of course, it is also important to determine your investment strategy and risk tolerance by talking to an investment expert before investing. In the sponsored article, you will find some tips on finding coins that will make 100x.
- Understand Market Cycles
A bear market is generally a period of falling prices and a tendency to sell; The bull market is generally known as a period in which prices rise and buyers are oriented. The market cycle is the period between the highest and lowest levels. Since the cryptocurrency market moves so quickly, market cycles need to be understood. There may also be socioeconomic or political events that influence the cycles.
- Filter by Market Cap or Volume
You can start by narrowing down the list of coins to those with relatively low market cap or volume. For example, you can choose cryptocurrencies with a volume/market cap ratio between 10 percent and 50 percent. Smaller projects may have more room for growth compared to established cryptocurrencies.
- Follow Stock Exchange Listings
In particular, listings on well-known exchanges can make it easier for investors to access altcoins. To ensure altcoin legitimacy, some reputable exchanges have developed “trust scores”. If the reliability and prevalence of coins increases, the probability of making 100x may also increase. Sometimes even rumors about listing news can increase.
- Research Development Activities
It is very important to have an active development team working to improve the coin technology and features. Regular updates and improvements can increase the adoption and value of the coin. Also, be sure to research the team’s credentials and experience. You can use social media for this.
According to sponsored content, coins with 100x potential can be found by following the steps above. It is claimed that SMOG token and SPONGE V2 token, which are new to the markets and benefit from meme culture, have the potential to make 100x. Details of the projects are conveyed in this sponsored article.
Smog Token (SMOG) – The New Meme Coin That Seen a 1400 Percent Increase in Its Launch Hours
The Solana-based SMOG token entered the markets on February 7 and saw a nearly 1400 percent increase in the opening hours. This coin with an OTC discount is seen as an attractive option by meme coin market participants.
SMOG is increasing its demand with a 10 percent OTC discount and a 42 percent Staking APY rate.
Investors who purchase SMOG through the project’s website can benefit from a 10 percent OTC discount for a limited time.
SMOG has even expanded to ERC-20, allowing investors to purchase the token on Ethereum. OTC discount is also available on the ERC-20 version of SMOG. Therefore, buyers need to use an Ethereum compatible wallet such as MetaMask. Investors can pay with ETH, USDT or debit card through SMOG’s third-party payment provider.
Ethereum-based SMOG holders have the possibility of increasing their investments with an annual APY return of 42 percent by staking their tokens. According to the token’s staking dashboard, more than 8 million SMOG have been staked so far. This shows the interest in the project.
Additionally, purchasing SMOG tokens allows investors to be a part of a large airdrop. This airdrop gifts 35 percent of the total supply to participants. There may be an airdrop that offers unmissable opportunities.
Thanks to SMOG’s unique tokenomics, token holders can earn “airdrop points” as rewards. They can also earn additional airdrop points by completing certain social media tasks, such as joining Zealy or SMOG’s Telegram channel.
Click to review SMOG token.
Sponge V2 (SPONGEV2) – New Meme Coin of the Sponge Ecosystem
SpongeBob-themed Sponge has added another token to its ecosystem. SPONGE V2 is known as the next version of Sponge. This time, it aims to benefit from the opportunities of the bull market. It also adds a benefit feature to the token with a play-to-win (P2E) game. Thus, investors who want to purchase Sponge Token V2 can benefit from the benefits offered by the token.
Sponge Token was one of the most successful meme coins of 2023. It brought 100x profits to lucky investors after its debut in May 2023. The team uses the success of the first version to market the SPONGE V2 token. It promises to offer similar returns to cryptocurrency enthusiasts.
Sponge V1 has done a great job of building its community. According to EtherScan, there are more than 13 thousand investors holding SPONGE tokens. This figure is quite convincing, considering that the project debuted in May 2023.
Stake-to-Bridge offers investors early access. Often their projects start with a pre-sales campaign. In other words, money is collected from investors before the tokens are released on cryptocurrency exchanges. The Sponge V2 team did not prefer traditional pre-sales. SPONGE V2 token can be purchased by depositing V1 tokens into the ecosystem.
If you have Sponge V1 tokens, you do not need to purchase additional tokens. The special stake-to-bridge mechanism allows V1 tokens to be staked with V2 tokens. Thus, V1s are converted to SPONGE V2.
You can visit the official Sponge website and connect your WalletConnect or MetaMask wallet. After confirming the exchange, the system permanently locks your V1 tokens. You benefit from the possible passive income opportunity of Sponge V2 for the next four years.
Click to review Sponge Token V2 token.
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before making any transaction.
