Cryptocurrency analyst Miles Deutscher shared his expectations from 13 new altcoin projects that he expects to rise 50-100x. While these projects have high growth potential, they also contribute to the development of the market.
Crypto money projects like Solana with 50-100x explosion expected
One of the hallmarks of cryptocurrency investments is their huge ROI potential. According to a recent tweet from crypto expert Miles Deutscher, next-generation crypto projects in this category have yet to be launched. Similar to Solana and Polygon (MATIC), the analyst shares his predictions for the top 13 crypto projects that will most likely deliver a 50-100 percent growth trend.
In this thread, I'll break down my favourite unreleased layer 1s, layer 2s, interoperability protocols and dApps that I've got my eye on for next cycle.
At the end, I'll give you 4 steps to take advantage, as none of these projects have tokens *yet*.
Let's dive in!
— Miles Deutscher (@milesdeutscher) January 22, 2023
Top 13 projects with high expectations from Miles Deutscher’s list
Sui Network, a high-performance L1 using the Move programming language, was Deutscher’s first choice. Sui Network was founded by five former Meta engineers who worked on the tech giant’s Libra/Diem project.
Sui Network has been in development for a while and has recently released its testnet Wave 2 upgrade in preparation for its upcoming full launch. Sui Network’s technological capabilities are comparable to that of Aptos, which also uses the Move programming language. However, with features such as speed, ample memory and impressiveness highlighted by Deutscher, it is well on its way to entering a ready market when it finally launches.
The second of the crypto projects with impressive growth expected is Sei Network, a Cosmos-based L1 Blockchain that specializes in trading to “give stock markets an unfair advantage.” The emergence of this project is intended to be the first orderbook-focused L1 design designed to be faster and more reliable than other types of Blockchain.
Additionally, the expert says Celestia (CELT) is an important protocol to consider. Celestia is a modular network that allows anyone to quickly and easily deploy their own Blockchain with little overhead. Celestia is building infrastructure aimed at powering further development across the board.
Other protocols on the list include Fuel Labs, Quai Network, zkSync, StarkWare, Arbitrum, Hermez, LayerZero, Zeta Blockchain, Quadrata Network, and Drift Protocol. These projects were chosen based on the technological advances they had and the current community enthusiasm they generally generated.
What can projects add to the altcoin market?
Many supporters of the cryptocurrency ecosystem and its underlying technology, Blockchain, argue that the market is still in development or in its infancy. While there has never been a shortage of innovations in the industry, developers are only now beginning to show how creative they can be in helping the evolution of the broader ecosystem.
While the importance of legacy cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and Solana (SOL) cannot be overstated, upcoming projects highlighted can also contribute to the natural evolution of the cryptocurrency ecosystem. We include newly introduced projects as Kriptokoin.com on this page.
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