Christmas is approaching but the crypto market has turned from green to red. However, according to crypto expert Crypto Radahn from the Altcoinbuzz team, you can maximize your earnings by investing your money in the right altcoin projects. In this regard, the expert shares 5 coins with 20X-50X potential in the upcoming bull run.
First ranked altcoin: Kujira (KUJI)
This is the native token of Kujira, a decentralized economy. Kujira’s focus is FinTech and DeFi. As a Layer 1 (L1) Blockchain, developers can build their Decentralized Applications (dApps) on top of it. Here, KUJI serves as a network token and a form of payment. Users can also choose to stake KUJI to receive a share of the revenue generated from Kujira.
Currently, KUJI has the potential to generate good gains. First, it is not yet a top 100 market cap altcoin. In short, it doesn’t attract mainstream media attention. Secondly, the Kujira team is constantly growing the project. Indeed, it is one of the rare projects that survived the Terra collapse. With such dedication, Kujira has what it takes to grow its user base. Third, almost the entire supply of tokens circulates in the market. This reduces the risk of selling pressure on KUJI holders.
In summary, if Kujira continues its strong development and user adoption, we could see KUJI making big gains soon. Assuming this continues, KUJI could be a good entry in the $3 to $4 range. At the time of this writing, the altcoin price is at $4.18.
In second place is Mux Protocol (MCB)
This is the token of the MUX protocol, a promising DeFi project. MUX’s focus is on the perpetuals trading niche. The first Perps aggregator. With this, it provides its users with:
- Zero price impact.
- Up to 100x leverage.
- Multi-chain access.
- Security through Self Custody trading.
The MBC token brings all this together. By staking MUX, you are eligible to receive a share of the protocol revenue and rewards. With the growing user base and transaction volume, MUX and the MCB token seem to do well. Moreover, the perp trading dApp offers good features that benefit its users. We predict that MUX will gain more market share in the future. So, if our prediction is correct, MCB token could see some gains. It has experienced a small rise recently. However, a pullback below the $9 mark could provide some good entries. At the time of writing, the altcoin price is at $12.23.
Avalanche (AVAX), the altcoin loved by Turks, is also on the list
AVAX is the native token of Avalanche Blockchain. Avalanche is an L1 Blockchain. With sub-second accuracy, it is much faster than Ethereum. It’s also cheaper to use with lower gas fees. Moreover, it hosts sub-nets, which are smaller blockchains, in its network. Here, AVAX serves as a transaction token. You can also use it for staking and in DeFi.
cryptokoin.comAs you follow from , despite the recent bear market, Avalanche has been successful in its growth. Now, it is known for having a robust Real World Asset (RWA) and Gaming ecosystem. If Avalanche continues its pace, AVAX could post even bigger gains in 2024. At the time of writing, the altcoin price is at $38.36. This is 73% off the All Time High (ATH) price of $144.96. If AVAX falls below $20, we see this as a great entry to secure a purse.
We continue the list with Pendle (PENDLE)
To summarize, Pendle is a DeFi altcoin project that allows you to tokenize future returns. With Pendle, it is now possible to turn your future returns into reality today through tokens. By using the tokens in question, you can further participate in DeFi and thus earn more returns.
PENDLE serves a unique purpose in the project. By staking it, you get voting rights on the direction of the project. You will also have a say in directing the rewards to different pools. Finally, you will also receive a share of the revenue generated from the dApp. Pendle is a leader in the Liquid Staking Derivative Finance (LSDFi) narrative. This is a segment that has received a lot of attention within crypto. Moreover, the PENDLE token closely associates itself with the success of the Pendle dApp. Based on the two points above, PENDLE is a good altcoin to take a position on. LSDFi has the potential to make good profits if it maintains its leadership in the space.
Last ranked altcoin: Rollbit (RLB)
RLB is the lifeblood of Rollbit, a leader in the crypto gambling industry. Rollbit operates its crypto casino online. There’s also a list of other neat features like:
- Futures trading with up to 1,000x leverage.
- Sports betting.
- NFT trading.
At the heart of Rollbit’s ecosystem is the RLB token. In addition to access to exclusive features, it also provides a share of revenue from the RLB online casino! Today, Rollbit has attracted a lot of attention from online gamblers. On top of that, it constantly brings new games and features. This ensures that Rollbit maintains its leadership in the crypto gambling narrative. And if that happens, RLB is likely to reap significant gains in the future. Meanwhile, the altcoin has fallen 40% from its last ATH. Therefore, its current price of $0.15 could be a good entry.
The opinions and predictions in the article belong to the expert and are definitely not investment advice. We strongly recommend that you do your own research before investing.
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