Altcoins like Solana and Polygon remained dominant among cryptocurrencies during the 2021 bull market. These altcoins have given investors more than 8-10x returns. While these projects are fundamentally sound, they may not yield the same returns in the future. If you are looking for altcoins that can bring you somewhere around 100x in the upcoming bull cycle, you need to look at some altcoin projects that are “out of the radar”. Popular market analyst Lark Davis has shared a list of potential altcoins that could yield explosive returns to investors. None of the altcoins on the analyst’s list have yet been released. However, many of them have testnets in operation. Here are the details…
Lark Davis expects 100x for these altcoin projects
Celestia
In the last two years, many projects launched in the field of the Web3 industry have seen growth. Celestia is also a modular blockchain that capitalizes on this explosion, focusing on “simplicity, scaling and interoperability”. It is the first modular blockchain network created to power scalable and secure Web3 applications.
Shardeum
Based on the Ethereum Virtual Machine (EVM), altcoin Shardeum is a layer-1 network that provides massive scalability with up to 100,000 transactions per second (TPS). It also processes transactions at a very negligible $0.01 rate. It is the world’s first EVM-based L1 that uses dynamic state chunks to increase TPS with each new node. The Shardeum testnet, built by Wazirx founder Nischal Shetty, is now operational.
myria
Myria is a Web3 gaming ecosystem that enables market players to launch and scale Blockchain games in a matter of hours. Myria offers zero gas fees and 9,000 transactions per second (TPS). It is an Ethereum layer-2 platform built specifically for gaming. They have partnered with Starkware and are already working on several games. Metarush, the first studio game based in Myria, is on the market.
SUI Network
Built by ex-Facebook employees, SUI Network is basically an Aptos competitor that lets developers build great stuff without too much competition. “SUI is the first permissionless layer 1 Blockchain designed from the ground up to enable creators and developers to create experiences on Web3,” SUI Network explains.
Quai Network
The Quai network includes a dynamic EVM compatible Blockchain network that can collectively achieve throughput of more than 50,000 transactions per second (TPS). The Quai network states that it can achieve this milestone without sacrificing security and decentralization. In exchange for joining social media platforms, Quai Network offers an airdrop. The Quai network uses a “multi-thread” approach that provides sufficient scalability without any compromise.
SEI Network
The SEI network is the first industry-specific layer-1 Blockchain network created specifically for exchanges. SEI gives top priority in crypto trading with features such as leading protection, an order matching engine, and multiple order checking. SEI claims to be the fastest chain in the blockchain industry, resulting in lower cost transactions and greater efficiency. Also, the SEI network has the support of the biggest players in the crypto space, such as Coinbase. The SEI network has also confirmed that it will airdrop.
Layer Zero
Layer Zero is an Omnichain interoperability protocol that allows decentralized applications (DAPPs) to be built effectively and insecurely across different Blockchains. Using on chain ultra light nodes, Layer Zero connects DAPPs to chains while balancing security with the cost effectiveness of the chain. Using Layer Zero’s simple interface, developers can switch their DAPPs to Omnichain applications. Layer Zero has huge supporters in the Blockchain space. Also, the project has confirmed that there will be an airdrop soon.
Analogue
Analog is a layer-0 blockchain network using proof-of-time. Crypto analyst Lark Davis believes everyone in the crypto community will soon be talking about it in the coming months. It caters to a broad industry sector such as analog blockchain, metaverse, NFTs, and decentralized finance (DeFi). The analog blockchain moves with its native token ANALOG to fuel network transactions. ANALOG also serves as a management token.
cryptocoin.com Lark Davis, who has more than one million subscribers on Youtube, as we reported, states that investors should carefully observe the changing trends in the industry in order to make exponential gains in the upcoming bull run. He advocates free airdrops whenever possible. He also stated that he has invested in projects such as Lark Davis, Myria, Analog and Partia.
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