Altcoin

Best Altcoin for 10x Gains in 2024

Published

8 months ago

23 May, 2024

According to Statista, there were around 20,000 cryptocurrencies in existence in 2023, a figure that has now increased (April 2024). While BTC remains the standard, it is also risky and leads to the emergence of altcoins. The latter is known as “enhanced versions”, which have reduced costs, increased transaction speed with efficiency and can implement smart contracts.

However, the main reason why altcoin is a cryptocurrency is to get a higher ROI. So when you’re looking for the best altcoin for 10x earnings, we’ve got you all covered!

Best Altcoin for 10x earnings

It only takes 20 minutes to develop your own crypto token, and among many of these cryptocurrencies, finding any worthwhile ones remains daunting. We have compiled the best altcoins for 10x earnings based on their development, performance and price predictions.

Below is a list of the best altcoins for 10x earnings:

5th Purpose (5SCAPE)
DarkLume (DLUME)
SimuGaze (GAZE)
VeChain (VET)
Stellar (XLM)
Avalanche (AVAX)

Let’s learn more about them!

1. 5th Purpose (5SCAPE)

This 5thScape project creates a virtual environment using blockchain and AR/VR technology to deliver incredibly realistic gaming experiences. It offers an immersive reality and keeps you away from the real world.

Furthermore, the primary medium of exchange on this network is its native token, 5SCAPE. There are many ways to earn money besides higher returns such as play and earn, wagering, prizes, etc.

It also has a fixed market supply, meaning that until launch, demand will always exceed supply. Create a virtual reality community that you can join by earning its tokens and improving your online experience.

>>Click here to visit the 5thScape pre-sale page

2. DarkLume (DLUME)

As technologies advance, the Metaverse is no longer a place of technology but a parallel universe for escape and entertainment. Users of one or the other world spend limited time as their work also requires equal attention. Those who are looking for passive income and could earn cryptocurrencies while living this would feel lucky to know about DarkLume.

The latter is a gamified socio-economic system, a Metaverse, where it is possible to participate in different activities and earn DLUME coins. You also win tokens simply by spending time on the platform. Although DLUME is a medium of exchange for the DarkLume platform to access its world, you must purchase tokens. This is a well-planned project, whose tokenomics already prove it as a powerful cryptocurrency for 10x profits.

>>Click here to visit DarkLume VR

3. SimuGaze (GAZE)

People’s craze for open-world games and immersive experiences has increased and is no longer limited to gamers alone. So, virtual reality, which is already trendy and famous, is now skyrocketing.

SimuGaze has a VR ecosystem that allows users to play and participate in racing simulations and related activities. Understanding the potential, the platform’s SGAZE token is rewarded to users after winning sponsorships, bonuses, exclusive prizes and more. Apart from that, you can also purchase the utility token.

Every time you purchase the token or stake an existing one, the platform uses it to develop its VR ecosystem. It is the best altcoin for 10x earnings due to its proper development and expansion plan.

>>Click here to visit the SimuGaze pre-sale page

4. VeChain (VET)

Amid crises and even mismanagement, the imbalance between supply and demand is disrupted, leading to inflation caused by scarcity of goods. Furthermore, each product wants to ensure the correct management of its inventories until the ready for implementation phase. In all these situations, supply management plays a fundamental role. VeChain is a platform that provides such solutions and hence, consumers like BMW, Walmart and others have collaborated with it.

Every time users of the platform develop an app on it, they have to pay via VET tokens. Furthermore, the platform offers transparency, efficiency and security. Since VeChain offers user governance rights on the platform, it attracts more consumers. Every time you purchase or stake a VET token, the funding is used for the blockchain and the improvement of its ecosystem. With better collaborations, continuous improvement, and growth with purpose, the altcoin is good for 10x earnings in the future.

5. Stellar (XLM)

With increasing globalization, cross-border transactions have increased in every industry and have become common. Despite the numerous platforms available for payment, even in decentralized finance, the huge transaction fees are difficult to bear. So Stellar understands and overcomes this barrier by providing efficient, fast and waiving cross-border transactions with lower transaction costs.

Its excellence is evident because IBM also collaborated with them for a customized platform suited to their needs. The platform also uses a trusted architecture and its XLM token is used for ecosystem development. As it influences the international payments industry with its targeted approach, Stellar’s XLM has excellent potential for the future and promises a higher ROI.

6. Avalanche (AVAX)

There are various smart contracts in the blockchain world, but the status of decentralized finance also creates the possibility of security. Its complex infrastructure also makes scalability a problem if unresolved. While pioneers always take care of appearance, some altcoins are risky. This is where Avalanche prioritizes security, scalability, and speed to solve these problems and ensure significant blockchain adoption.

Its AVAX tokens are key to securing the platform’s blockchain and validating transactions. Furthermore, it also provides quick transactions, which is a no-compromise deal. For all these reasons, it attracts investors, greatly increasing the token’s bullish sentimental value. Businesses and organizations are also adopting it, and Amazon Web Services is a prime example. All this, together with the success of the token, promises geometrically progressive profits to investors.

Final thoughts

Altcoins, with their efficiency, speed, low costs and lower volatility, are an asset provided they generate a higher ROI. Among them, top altcoins with 10x earnings play a crucial role.

When it comes to tokens that excel at such tasks without any compromises, 5thScape and DarkLume stand out. Utility tokens can also be purchased differently, are efficient and have a powerful roadmap considering emerging technologies; they are the best on the list!

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Altcoin

Top 3 Ethereum-Based Altcoins 3 Times

Published

6 months ago

1 August, 2024

AltcoinUpdates Staff

Despite the increasing selling pressure in the cryptocurrency market, mid-cap and small-cap altcoins have seen an increase in buying sentiment. This indicates a shift in interest among users towards these cryptocurrency tokens.

Are you thinking of investing in ETH-based altcoins for the next AltSeason?

Scroll down because in this article we have covered the top three Ethereum-based altcoins that have the potential to see a huge uptrend in their respective portfolios in the near future.

Safe Price Analysis (SAFE):

Despite the growing bearish sentiment in the cryptocurrency market, SAFE price has seen bullish price action for the third consecutive day, highlighting the increased price action for the altcoin in the market. Furthermore, it is currently trading at a discount of 76.3% from its ATH of $4.01.

TradingView: SAFE/USDT

The technical indicator, MACD, shows a steady decline in the red histogram, highlighting an increase in bullish sentiment in the cryptocurrency market. In addition, the averages show a potential bullish convergence, suggesting a high possibility of a positive reversal.

If the bulls continue to gain momentum, SAFE coin price will prepare to test its resistance level of $1,450. On the contrary, a bearish action could send this altcoin crashing towards a new all-time low (ATL).

Aethir (ATH) Price Analysis:

Aethir price has seen a bullish price action adding over 10% to its portfolio with a trading volume of $40.126 million despite a bearish cloud over the cryptocurrency space. Notably, with a market cap of $292.916 million, this altcoin has secured the 216th position in the global cryptocurrency list.

TradingView: ATH/USDT

The MACD indicator has been showing a steady rise in the green histogram. However, its RSI has been showing a strong bearish curve in the 1D time frame. This suggests mixed sentiment for the ATH price in the cryptocurrency market.

If the market holds Aethir price above its important support level of $0.07050, the bulls will gain momentum and prepare to test its upper resistance level of $0.08415. On the contrary, if the bears overpower the bulls, this altcoin will prepare to test its low of $0.06435.

Neiro Ethereum (NIERO) Price Analysis:

Built on the Ethereum chain, Neiro Ethereum is a project that has a total supply of only 1 billion tokens. Positively, it has no buy/sell fees or team tokens for governance or community approach. It operates on its own and promotes itself as the next big opportunity in the cryptocurrency world.

With a trading price of $0.1852 and a total supply of 1 billion tokens, it has successfully secured the 234th position in the global cryptocurrency ranking, with a market capitalization of $185.446 million.

Notably, it is up 53.86% over the past day with a trading volume of $36.64 million, a decline of 7.68%. Furthermore, it is up about 1,200% since its inception, highlighting a strong bullish outlook for the altcoin in the near future.

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Altcoin

Top 6 Altcoins Set for Explosive Rally Before 2025

Published

6 months ago

1 August, 2024

AltcoinUpdates Staff

The cryptocurrency market is on the verge of significant change as we approach 2025. The Altcoin Daily Analyst Austin predicts that any changes in monetary policy could trigger a strong rally in altcoins, especially with a possible turn in the Federal Reserve’s benchmark interest rate expected in September.

This pivot could drive explosive growth in the cryptocurrency market, benefiting Ethereum, Solana, and several promising new altcoins. Here are some altcoins ranging from under $1 to $2 that can give you the highest returns in the current market crash.

We are excited, are you? Let’s dive in!

Top 6 Cryptocurrencies to Watch

Aethir: The Decentralized GPU Marketplace

Aethir is positioning itself as a leader in decentralized cloud infrastructure for gaming and AI. With over $36 million in annual recurring revenue, Aethir is addressing the growing demand for GPU computing driven by major tech companies like Google and Microsoft. Its decentralized infrastructure leverages underutilized GPUs, making it a key player in the burgeoning tech industry. The current price is $0.07176.

Ondo: The Best Bet in the RWA Sector

Next up is Ondo, whose real-world asset protocols are changing the tokenization of financial assets. With an annual dividend of 5.3% USDY, ONDO is the governance token for the Ondo DAO and Flux Finance. This token has seen strong demand, demonstrated by consistent investor buy-ins. Recently, ONDO’s price has dropped 35% in two months, forming a triangle pattern that suggests a breakout. Rising OTC holdings and reduced selling pressure suggest a bullish outlook. The current price is $0.9251.

Lukso’s social and cultural blockchain unites creators, brands, and users. An Ethereum doppelganger, Lukso adds Universal Profiles and gas-free transactions to blockchain usage. Its creative strategy and strong leadership make it a blockchain mass adoption project to watch. Current price is $1.71.

AIT Protocol: Decentralized AI Data Annotation

The AIT Protocol addresses the need for decentralized work in AI data annotation. Uniquely, the AIT Protocol connects human trainers with AI model owners to improve AI models through a decentralized marketplace. However, its adoption in Asia and strategic investments suggest that it could disrupt AI. The current price is $0.1169.

Foxy (Line): Meme coin with level 2 potential

Foxy, a meme coin for Linea Layer 2 Ethereum scaling, has an endorsement from ConsenSys. Foxy stands out in Ethereum Layer 2 due to Linea’s MetaMask integration and fast transactions. Additionally, Linea adoption and reduced transaction costs are influencing its growth. The current price is $0.01116.

Off the Grid: Emerging Altcoin for Gaming

Lastly, on the list is Off The Grid, developed by Godzilla. This highly anticipated AAA game promises to make waves in the crypto gaming industry. Although it hasn’t launched yet, positive feedback from industry experts supports its potential success.

Infrastructure projects like Immutable and specific games like Xers and Star Heroes are also worth considering for those interested in crypto gaming.

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Altcoin

Top Analyst Admits He Ignored XRP For Years, But Now Finds XRP Chart Very Interesting

Published

6 months ago

1 August, 2024

AltcoinUpdates Staff

Top Analyst Admits He Ignored XRP For Years, But Now Finds XRP Chart Very Interesting

Scott Melker, host of The Wolf of All Streets podcast, said he hadn’t paid attention to XRP charts for a while, but now finds them intriguing.

Melker revealed this in a recent send after analyzing XRP’s pattern on the weekly timeframe. He shared a chart that suggests XRP is on track to break out of a significant resistance channel.

While acknowledging that a rejection is likely, Melker noted that a subsequent breakout is on the horizon. Furthermore, the analyst emphasized that regardless of an individual’s perception of XRP and its performance, this upcoming price action is worth keeping an eye on.

Notably, Melker’s latest analysis on XRP comes as the asset has outperformed the broader bear market, which staged a solitary comeback while others fell. XRP surged more than 10% on Wednesday, briefly emerging as the day’s best-performing cryptocurrency among the top 100.

This development has triggered renewed interest in XRPeven among market observers like Melker and Ali Martinez, who rarely comment on XRP’s price action.

XRP Resistance Levels to Watch

In his latest commentary, Melker identified immediate resistance levels that XRP must overcome on its climb to higher prices. These levels include $0.75 and $0.93, which XRP must overcome to reach $1, with additional barriers at $1.3 and $1.9.

Scott Melker's XRP Chart Scott Melker’s XRP Chart

Interestingly, for the immediate barrier of $0.75, Melker is not the only analyst to emphasize its importance before aiming higher. Analyst “Crypto Adict” also commented on this level yesterday, urging caution versus ambitious goals like $100 when there are more immediate challenges.

The impact of this resistance level was evident in March when XRP rose to $0.744 in one day but he was unable to continue his ascent.

In his analysis, Ali Martinez echoed Melker’s sentiment by highlighting the $0.93 price level as a significant hurdle. Martinez stressed out that once XRP breaks above this level, it will effectively end its nearly seven-year downtrend, opening the door to higher highs.

At press time, XRP is back just above $0.60 after hitting $0.6556 yesterday, reflecting an 8% decline in the past 24 hours. Notably, XRP’s uptrend has been interrupted by Bitcoin’s volatility, as the leading asset fell back to the $63K range yesterday.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the personal views of the author and do not reflect the views of The Crypto Basic. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Altcoin

Dogecoin (DOGE), ETFSwap (ETFS), and Shiba Inu (SHIB) are poised to lead the altcoin rally in a big way

Published

6 months ago

1 August, 2024

AltcoinUpdates Staff

Dogecoin (DOGE), ETFSwap (ETFS), and Shiba Inu (SHIB) are poised to lead the altcoin rally in a big way

Dogecoin (DOGE): Altcoin Rises From Meme Origins to Market Rally’s Top Spotlight

Dogecoin (DOGE), initially launched in 2013 as a “joke currency” based on a popular Shiba Inu meme, is now positioned to lead a major altcoin rally. Despite its humorous origins, Dogecoin is gaining popularity among investors due to its platform utilities, including transaction speed and payment methods. Currently, Dogecoin (DOGE) is trade at around $9,139, a recovery followed by a weekly low of $0.11.

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