So, do you want to know what is the next 100x crypto? Pepe Unchained ($PEPU) is the cryptocurrency most likely to get you 100x profit Based on our extensive market research at PlasBit. This meme coin is built on the Ethereum Layer-2 solution, which provides high staking rewards and low fees, which is crucial in the fast-moving crypto space.
It is very appealing to think that one can make massive amounts of money through investing in cryptocurrencies. Most people are attracted to the opportunity to quickly make considerable money with little capital. Such investments are usually made in new and promising cryptocurrencies due to their innovative technology or strong community support but have not yet been tested in practice.
However, investing in such cryptocurrencies is very risky and can be compared to gambling. While there is a high potential for significant gains, big losses are also possible. These cryptocurrencies can be volatile and unpredictable, so their value fluctuates wildly. So, one should stay cautious about such opportunities as they present certain risks.
Keep in mind that the crypto market is not only about successful stories of huge gains but also about failure stories of people who lost their money. To avoid this, investors should take their time and research the market, know the risks associated with the investment, and only invest money that they can afford to lose. Such an approach can assist you in identifying promising investment opportunities.
In this PlasBit article, we will look at ten cryptocurrencies that can bring 100 times the investment, study the criteria for selecting such high-potential assets, and explain the precautions that should be taken. We will also discuss using decentralized exchanges (DEXs) to trade low-cap coins.
Top 10 Cryptocurrencies Potential of 100x Gains
In the vast world of cryptocurrencies, finding tokens that can grow exponentially involves analyzing their technological innovation, market potential, and community engagement. The list below outlines ten cryptocurrencies with distinctive traits, robust market standing, and the potential to generate 100x gains. Let’s examine these promising cryptocurrencies and understand why they are considered the best candidates for what is the next 100x crypto.
1. Pepe Unchained ($PEPU)
Pepe Unchained uses an Ethereum Layer-2 solution to provide a low-fee, high-reward staking service. Its connection to the popular Pepe meme not only aids in viral marketing but also helps build a robust community support system, which is essential for meme coins' development and sustainability.
2. WienerAI ($WAI)
WienerAI uniquely combines artificial intelligence with meme culture, tapping into two highly engaging and rapidly evolving sectors. By applying AI, the project will constantly be updated and relevant in its functionality and will always be ahead in terms of technological advancement. This factor and the engaging nature of meme-based community interaction create a solid foundation for potential exponential growth.
3. PlayDoge ($PLAY)
PlayDoge adds value to the play-to-earn concept by including a game where players have a virtual Doge pet. This gamification brings utility to the token, which makes it more than just a speculative asset to bet on its future price. The use of nostalgia (referring to toys such as Tamagotchi) and the fact that play-to-earn models are highly attractive to users offer a strong argument for the popularity and possible spikes in the price of such games.
4. Base Dawgz $DAWGZ
Base Dawgz solves the cross-chain issue in the crypto space and enables users to get paid across different blockchains. This functionality enhances its usability and broadens its appeal to a broader audience in the cryptocurrency community. The share-to-earn feature encourages the community's growth, which is vital for the token's valuation.
5. Sealana ($SEAL)
Sealana leverages the Solana network performance features, such as speed and low charges, which benefit traders and enthusiasts in the crypto space. When these technical strengths are coupled with a solid pre-sale funding round, as with Sealana, one can conclude that the community trusts the cryptocurrency and has significant financial support, which are the main factors determining the possibility of a cryptocurrency's rapid growth.
6. Mega Dice Token ($DICE)
Mega Dice Token is a new project in the GameFi space on the Solana network that combines gambling and provides an opportunity to receive tokens. This combination of gambling and investment is helpful to attract a wide range of gamers, investors, and others interested in earning cryptocurrency. This makes it unique in its application and thus gives it a distinct competitive edge.
7. 99Bitcoins Token ($99BTC)
99Bitcoins Token is associated with an educational resource that pays people in crypto to study blockchain and cryptocurrencies. This learn-to-earn model solves the problem of the increasing need for crypto education while offering both use and motivation to hold the token. Given that crypto is gradually becoming more mainstream, the need for informative content and the corresponding tokens could see a massive boost in the value of the tokens.
8. eTukTuk ($TUK)
eTukTuk has an eco-friendly play-to-earn concept that can attract people who are not usually associated with crypto. Its unique premise of virtual tuk-tuk racing, combined with eco-conscious themes, taps into the growing trend of sustainable cryptocurrencies. This positioning makes it possible to have a competitive edge in the market, hence the possibility of making high returns.
9. Doge2014 ($DOGE2014)
Doge2014 is a token that honors the cultural significance of Dogecoin by providing a token that represents the cryptocurrency's 10-year history. It appeals to both the old and the new investors, making it cover a large market. The high staking rewards also act as a bonus to the holders and buyers since they are likely to hold the tokens for a long-term investment, which can reduce market volatility and promote price stability and growth.
10. Shiba Shootout ($SHIBASHOOT)
Shiba Shootout combines the thrill of Wild West themes with the practicality of a meme coin with multiple uses, making it more than just a speculative coin. The gameplay is entertaining, and the reward structure motivates staking and participation in the project's economy. Such active involvement and unique token distribution could skyrocket its price, similar to other meme coins' success paths.
All these cryptocurrencies show a combination of innovation, market trends, and community involvement, making them possible candidates for achieving 100x returns. Nevertheless, the crypto market is highly unpredictable and risky, which requires more time and effort to be spent on research and proper investment plans.
Characteristics That a Coin Requires to Make 100x Profit
Finding coins that can generate 100x return involves a detailed analysis of several critical factors that contribute to a project's short-term spikes and long-term sustainability. Here are the essential parameters to consider:
Innovation
For a cryptocurrency to be considered revolutionary, it must have new features unavailable in other cryptocurrencies or significantly improve existing solutions. This could include new consensus algorithms and innovative scalability approaches to address unmet needs, potentially redefining its sector.
Market Trends
Adhering to modern and future trends like DeFi and NFTs, sustainability in the crypto world, and connecting with the classical financial systems can boost the project's popularity and usage. Being early in a trending niche often sets the stage for remarkable success.
Project Viability
Evaluate the business model and the operational plans for the project's operations. Look for a clear roadmap, transparent objectives, and strategies demonstrating an understanding of regulatory environments that may impact scalability.
Community Strength
An active, large, and involved community can help a cryptocurrency gain adoption and success due to network effects. Promotion and staking by the community usually positively impact the project's visibility and attractiveness.
Technical and Economic Foundations
The project must have a robust technical infrastructure, ensuring security, scalability, and efficiency. Economic fundamentals, such as how tokens are created, distributed, and controlled, are essential for encouraging supportive behaviors among holders.
Adoption and Integration
To achieve a 100x profit, a cryptocurrency has to go beyond the use case of being a tool for a specific industry or market. This often entails forming partnerships, connecting with popular platforms, and emphasizing simplicity to appeal to the users.
Development Team and Leadership
The project's leadership team should have experience in the blockchain sector, be well-connected with the industry, and have experience in other successful projects. Trust from investors and project success depends on the credibility and expertise of the team.
Trading and investing in cryptocurrencies with the possibility of 100x returns requires carefully analyzing these critical factors. Through proper evaluation of a project's innovativeness, relevance to the market, community involvement, technical soundness, potential for adoption, and leadership quality, investors are better positioned to make good decisions and stand a better chance of realizing their returns on investment. However, these investments are high-risk, so a balanced and careful investment strategy is required.
Find What Is The Next 100x Crypto on Your Own
If you're looking to identify cryptocurrencies with the potential to yield a 100x return, several strategic methods can help you independently find these high-potential investments:
Utilize Cryptocurrency Aggregators
Websites such as CoinMarketCap provide detailed information on different cryptocurrencies. These aggregators give information on price fluctuations, market capitalization, volume, and supply information. Paying attention to newly listed coins and those with a sharp rise in volume and price can help you find good coins.
Interact with Community and Social Media
Be an active member of the crypto forums, including Reddit, Bitcointalk, and Discord, that deal with investment. These platforms are suitable for communication with other like-minded people and investors, as they can share helpful information and analysis. Crypto Twitter and other platforms dedicated explicitly to cryptocurrencies are also perfect for live chat and keeping up with trends.
Industry News and Influencers
To stay informed about the most recent advancements, subscribe to newsletters from reliable crypto media outlets, follow influential figures in the space, and watch videos from famous crypto experts on YouTube. Sometimes, such sources focus on the less-known projects that can significantly grow in the future.
Interpretation of Technical Charts and Patterns
Learn the fundamentals of technical analysis to forecast market trends using price patterns and volumes. Some platforms, such as TradingView, have features that enable one to analyze the charts in detail to identify price movements.
Attend Crypto Conferences and Webinars
Attending crypto conferences and webinars can give the project authors direct information and help them meet other investors and professionals. These events are essential for getting first-hand information and ideas on identifying good investment opportunities.
Explore Decentralized Exchanges (DEXs)
Explore new tokens on DEXs such as Uniswap, Sushiswap, and PancakeSwap. Most projects begin on DEXs to create a community before moving to more extensive platforms. However, this entails higher risk, and the returns can also be significantly higher.
By applying these methods in a structured manner, you can improve your chances of finding the few cryptocurrencies that could give you a 100x return. Although the prospect of earning high returns is tempting, one should continually evaluate the risks involved and enter any investment rationally and conservatively.
Key Safety Parameters for Crypto Investments
When investing in cryptocurrencies that offer high profits, it is necessary to consider several factors to avoid losing a large amount of money or falling for a scam. Here's a breakdown of the critical parameters to examine:
Project Transparency and Team Credibility
It is necessary to investigate the cryptocurrency development team. Choose projects with teams that have transparent backgrounds, whose members’ identities can be checked, and who have experience in similar projects. It is also essential to see familiar faces among the advisors, especially if they are famous in the industry.
Whitepaper and Roadmap
The project's whitepaper should be detailed and precise and contain the purpose, the technology used, and the project's economic model. It should outline the intended development and growth phases, indicating the team's sincerity and long-term strategy.
Smart Contract Audits
For projects on blockchain technology and smart contracts, see if third-party security companies have reviewed these contracts. Audits help identify areas that could be exploited and minimize the chances of bugs resulting in loss-making.
Community and Market Response
An active community and positive market response are considered to be the signs of a healthy project. Go through social media and participate in cryptocurrency discussions to see what others say about the project. Yet, be careful with the overly used promotional language that can sometimes be misleading.
Regulatory Compliance
Ensure the project meets the legal and regulatory standards of the countries that impact it. Failure to adhere to the legal requirements may result in legal problems that threaten the project and your investment.
Risks associated with investing in meme coins and unapproved projects
Investing in meme coins or newly minted tokens involves several risks:
High Volatility and Speculation
Meme coins are highly volatile and mainly influenced by social media trends and influencers; therefore, they are risky and can lead to massive losses.
Lack of Inherent Value
Most meme coins lack a clear purpose or a viable business plan, which often means they are based on speculation and the buzz around them, which can quickly die out, leaving the holders with nothing.
Scam and Rug Pull Possibility
The crypto market consists of many scams where developers create tokens to attract investments and then vanish with the money. Avoid investing in projects that claim to have high returns with little risk or do not provide much information.
Market Manipulation
Small or new projects are vulnerable to price manipulation by large holders, who pump up the prices and then dump them, leading to a lot of money loss for new investors.
To avoid these risks, do thorough research and use proper investment techniques like diversification, placing stop-loss orders, and investing only the money you can afford to lose. This approach protects your investment and, at the same time, enables you to take reasonable risks to get high returns in the crypto market.
Why Starting with Bitcoin Improves the Accessibility of Low-Cap Coins
Investors focusing on low-cap cryptocurrencies should consider starting with Bitcoin as a way to go. Since Bitcoin is the most famous and actively used cryptocurrency, it is a gateway to the rest of the crypto market, particularly for less accessible and less popular tokens. Due to its acceptance in almost all cryptocurrency trading platforms, it is a handy instrument for buying many new emerging coins and tokens, which first list with BTC pairs before listing with fiat or other cryptocurrencies.
Bitcoin allows for easy swapping into and out of positions in a variety of low-cap coins, and it is backed by numerous trading platforms, both centralized and decentralized. This makes it easier for newcomers to trade since most trading pairs are in BTC. Thus, starting with Bitcoin, investors enter the crypto market smoothly and improve their chances of discovering and investing in a wide range of low-cap coins with high growth potential.
The Role of DEXs in Trading Low-Cap Coins
Decentralized exchanges (DEXs) are essential for trading low-cap cryptocurrencies, offering distinct advantages that cater to the unique needs of these assets:
Availability of New and Special Coins
DEXs list low-cap coins before they are included in large centralized exchanges. This gives early-stage projects a platform to grow and allows investors to discover new opportunities early and find what is the next 100x crypto.
Permissionless and Inclusive
DEXs enable users to trade directly from their wallets without going through a lengthy registration process or providing identification details. This inclusivity lowers barriers to entry, especially for users in regions without access to leading platforms or those preferring anonymity, broadening market participation.
Enhanced Security
DEXs are also safer than centralized exchanges because trades are made directly between users' wallets, and thus, there is little risk of losing funds in case of exchange hacks. This is especially appealing for low-cap coins, which may have less protection than established projects.
Market Efficiency and Price Discovery
DEXs employ automated market makers (AMMs) and liquidity pools to enable trading, even for low-volume coins. This system allows trading to go uninterrupted and the accurate prices to be determined by supply and demand information.
Lower Trading Fees
DEXs have lower fee structures compared to CEXs. For traders of low-cap coins, lower fees mean retaining more gains from successful trades.
DEXs offer a safe, convenient, and efficient trading platform crucial for developing and trading low-cap coins. They align with the decentralized nature of the crypto space and are essential for anyone who wants to trade low-cap altcoins.
Real World Case Study the Collapse of BitConnect
A clear example of a promising cryptocurrency that turned out to be a massive scam is BitConnect. Described as a revolutionary investment platform, BitConnect offered investors up to 40% monthly profit through its lending program, claiming it is based on the fluctuation of Bitcoin prices and using a trading bot. However, it was later discovered to be a Ponzi scheme. The platform relied on the money received from new investors to pay the earlier investors, thus giving the appearance of profitability.
BitConnect was established in 2016 and attracted many investors who saw the price of its coin rise from $0. 17 to a peak of $463. However, the scheme was shut down after regulatory actions were taken against it, and it ceased operation in early 2018. Investigations showed that the platform's administrators moved investors' money to their digital wallets and manipulated the cryptocurrency’s price.
The collapse of BitConnect led to losses amounting to approximately $2.4 billion, making it one of the biggest cryptocurrency frauds in history. The U.S. Department of Justice referred to it as a ‘textbook Ponzi scheme.’ This case shows why investors must avoid high-risk investment schemes with little or no tangible business models.
Trading Vs. Investing/Holding Cryptocurrencies
The main differences between trading and holding crypto are the timeframe, strategy, and objectives. Knowledge of these differences assists in coordinating one's actions with one's financial goals and risk tolerance.
Trading Crypto
- Short-Term Focus:Day trading involves buying and selling cryptocurrencies in a short timeframe, ranging from minutes to days, to take advantage of price fluctuations. It includes day trading, swing trading, and scalping.
- Active Management:Trading involves market analysis and is an active process. Traders use technical analysis, chart patterns, and indicators to make quick decisions.
- Higher Risk and Potential Reward:Fluctuations make trading a high-risk activity, but it is also a high-reward activity in which one can gain or lose a lot of money in a short period. Effective risk management techniques, like stop-loss orders, are crucial.
- Skill and Experience: Trading requires knowledge of the market's mechanisms and the ability to respond swiftly to the changes. It suits those who can dedicate time and resources to manage trades actively.
Investing/Holding Crypto
- Long-Term Approach: Investing involves holding assets for months or years, mainly with the help of fundamental analysis. It is about the gradual wealth growth through market appreciation.
- Passive Management: Investing differs from trading because it does not need to be checked frequently. Long-term investors are interested in the general market tendencies rather than short-term price movements.
- Lower Relative Risk and Steady Growth: This is because volatility's effect decreases when investments are held longer. The idea is that the market rises over time if the fundamental analysis is correct.
- Focus on Value: Investors seek cryptocurrencies with strong fundamentals, innovative technology, a solid team, and market potential. Diversifying portfolios across different assets helps mitigate risks.
Trading is ideal for those who want to be more involved in the market and make money quickly, while investing is better for those preferring a passive approach with long-term growth. Both strategies are unique and involve different abilities and risk management depending on your objectives and beliefs.
Bitcoin: The Unparalleled Choice for Decentralized Investment
From PlasBit's point of view, Bitcoin is the best investment in the cryptocurrency market. It is the only truly decentralized digital currency without any company behind it that might have a hidden motive. This fundamental characteristic of Bitcoin aligns with its primary purpose, which is to enable people to have complete control over their own money without the interference of any central authorities. This lack of central control means that no single entity can control the movement and value of Bitcoin, making it a unique tool for achieving financial freedom.
Conclusion: Navigating the High Risk
Trading in low-cap coins can provide the hope of high returns, which is always appealing for any trader who wants to increase their funds many times. However, the way to such gains is filled with obstacles and risks typical for this unpredictable part of the crypto market. Managing high-risk assets requires a careful approach based on a clear plan and detailed analysis.
Understanding the fundamentals of each possible investment is very important in finding what is the next 100x crypto. Knowing the technology behind a coin, the strength and experience of the team behind the project, the market trends, and the legal requirements can provide critical insights into the viability of an investment. Moreover, interacting with the community and observing market trends can provide valuable information.
Investors should also consider diversification to reduce risks and balance their high-risk and stable assets. Setting goals and planning when to enter and exit, whether taking profits or cutting losses, are essential skills in maintaining a healthy portfolio and peace of mind.
Finally, it is essential to note that the benefits are equally as great as the potential drawbacks. Thus, investors can increase their chances of success in the attractive but rather volatile sphere of low-cap cryptocurrencies by being equipped with knowledge, disciplined in their investment strategies, and eager to learn from the market.
