- Tokens like Kaspa, Chainlink, and Quant could see returns between 10x to 30x according to recent performance analyses.
- Dogecoin, Solana, and XRP listed with potential for up to 10x gains during bullish market conditions, showing promising trends.
Token Metrics, an investment research platform powered by artificial intelligence, has updated its forecast for cryptocurrencies, identifying 14 altcoins they believe have the potential to increase by 100 times their current values. This revision comes as the market faces a downturn, highlighting opportunities for substantial gains when market conditions improve.
These gems might just give you financial freedom this bullmarket (3x to 100x).
3x to 10x potential$SOL$XRP$DOGE
10x to 30x potential$KAS$LINK$QNT
50x potential$EGLD$NEXA$XNA$INJ
100x or more$LCX$NXRA$SMT
$ASTRADAOBOOKMARK this post so you can come back to it…
— Token Metrics (@tokenmetricsinc) April 16, 2024
Highlight on 100-Fold Growth Prospects
Among the cryptocurrencies identified, Token Metrics has spotlighted several lesser-known, low-cap tokens such as LCX, Nexera (NXRA), Swarm Markets (SMT), and Astra DAO. These selections are based on their past performances and potential for significant returns.
For instance, SMT has shown a remarkable 530% increase over the past year, despite the broader market struggles. Conversely, Astra DAO experienced a sharp decline of 81% in the same period, yet the platform sees a promising future for it in the next bull run.
Read more: Pixelverse Announces Play-to-Airdrop Campaign with 10 Million $PIXFI Token Distribution
Looking at 50-Fold Growth Opportunities
The firm also categorized certain tokens like Injective (INJ) and MultiversX (EGLD) as capable of achieving up to 50 times returns. Despite INJ facing a 38% decrease recently, it has maintained a growth of 180% over the past year. EGLD, although currently underperforming, is also expected to make substantial gains in the upcoming year.
Potential for 10 to 30 Times Returns
Tokens such as Kaspa (KAS), Chainlink (LINK), and Quant (QNT) have been identified as having the potential for 10 to 30 times returns. KAS and LINK have shown strong performances in past bull markets, with KAS posting a 336% gain and LINK 60% over the past year. Although QNT has underperformed, Token Metrics forecasts significant potential growth by next year.
Related: New Meme Coin ICO Dogeverse Raises $6 Million After Completing Coinsult Audit
Lower Tier Growth Expectations
In the lower growth tier, major cryptocurrencies like Solana (SOL), XRP, and Dogecoin (DOGE) are predicted to achieve three to ten times their current market prices. Dogecoin particularly stands out with a 7% gain over the last month, continuing strong performance from earlier this year.
Solana has been recognized for its consistent positive trends, establishing it as a potentially strong performer in the top ten cryptocurrencies.
