Altcoin
Best Altcoins for 10x Profits in 90 Days
After calling 2024 a “political bull race,” crypto analyst Miles Deutscher is investing heavily in crypto-altcoins. He recommends Long-term investors focus on the major coins in each category and diversify. His idea is to trade top-performing coins during peak seasons and switch investments as market trends change.
Here’s a breakdown of analysts’ top picks for each sector:
Memetic coin
He started his analyses with the market trend of memecoin. Pepe and WIF are identified as potential leaders. Despite its high market capitalization, Pepe is a strong contender for long-term growth potential. Pepe (PEPE), a meme coin, grew 39% in just one week, with a market capitalization of $5.80 billion. It could soon surpass $6 billion. Forecasts suggest it could reach $0.0025 by the end of 2024.
WIF, with a smaller market cap, has significant upside potential, possibly up to 10x. Over the past six months, WIF is up 1,600%, although it is down 12% month-on-month. Analysts believe WIF prices could reach $5-10 in May.
AI coin
Next up is AIOZ, the analyst says it has a balanced approach, reasonable market capitalization and a great team. Introduces decentralized AI, deep web 3 storage, and streaming. AIOZ’s market activity increased after Bithumb, South Korea’s largest exchange, listed it.
RWA coin
Ondo is clearly the best, with limited unlocks until January 2025, indicating potential upside. Other established plays include Pendle and Mantra, with upcoming projects such as Red Belly showing promise. Furthermore, ONDO recently reached its all-time high (ATH) and maintained its gains. This week, the token’s price consolidated, suggesting potential profit ahead.
Solution L1
Despite the recent market decline and excitement over the Ethereum ETF approval, Solana (SOL) is up 24.91% over the past month, rising from $137.23 to $168.78 by 29 May 2024. Investors are curious whether SOL will reach $200 in June. Analysts consider Solana a leader in its industry, but suggest considering options like Fantom and other roughly $8 billion protocols for potentially higher earnings. Despite Solana’s strong performance, there are promising opportunities with slightly higher risk.
Gaming coin
Rounding out his list, the analyst mentioned Echelon Prime, which is popular due to its connection with artificial intelligence and current lower prices. The future price of PRIME is uncertain, with predictions ranging from a large increase to various other outcomes. Analysts are optimistic about its long-term prospects, but this may not hold for the next 3 months.