These 8 altcoins that may explode in the future are among the cryptocurrencies with the potential to grow 100 times.
The uptrend is back
The cryptocurrency industry is returning to its uptrend. Those who have been in the industry long enough know that the only way to identify cryptocurrencies with 100x growth potential is to do research.
There are currently over 20,000 cryptocurrencies on the market and this can be overwhelming for beginners to decide. Therefore, 8 altcoins were listed in February 2023 with the potential to grow by 100x.
8 altcoins that need to rise
Cardano (ADA)
Cardano (ADA) is one of the largest cryptocurrencies by market cap and is currently trading above $0.3914 with a 24-hour trading volume of $411,729,013 as the bulls attempt to push the price above the overhead resistance. If all goes according to their plan, the ADA price could skyrocket to $0.44.
Avalanche (AVAX)
Avalanche was instantly among the top ten by market cap, and with its current price of $20.65 and a 24-hour trading volume of $852,078,267, the coin is poised to repeat history. If the price rises above the resistance line, AVAX could rally to $22 and then to $24.
Polygon (MATIC)
Polygon (MATIC) has skyrocketed in the past 30 days (from $0.75 to $1.14). Polygon traders are constantly gaining momentum to clear the path to $1.30 for a possible rally. If the coin manages to break the chain of obstacles, the rally could be extended to $1.50.
Binance Coin (BNB)
If you want to invest in a cryptocurrency other than Bitcoin or Ethereum, Binance coin (BNB) is considered one of the best options. Currently trading at $311.23, BNB is showing some bullish signs. To develop this advantage, traders will do their best to push and sustain the price above $318. If they are successful, the BNB coin could witness a massive spike next month, according to analysts.
Dogecoin (DOGE)
Dogecoin finally broke past $0.09 after hovering around $0.08 for the past few days. If the price rises above the current numbers, the probability of a rise to the next resistance at $0.11 increases. The growing demand for cryptocurrencies makes it one of the top cryptocurrencies with the potential to grow 100x in February 2023.
Axie Infinity (AXS)
One of the best NFT games, Axie Infinity has 2.8 million daily active players. Players can acquire AXS tokens through the play-to-win feature of this game and then use them to participate in the management of the platform. To get started, players purchase three Axies, digital pets that they can eventually breed to produce generations of these creatures. Every Axie passes on her traits, weaknesses and strengths to her offspring through genetic inheritance.
The Sandbox (SAND)
A community-driven NFT platform called The Sandbox is similar to Minecraft in that it’s more of a creator platform than a game. Users can create and animate their own voxel ASSETs that can be converted to NFTs and uploaded to the market. Games that users develop on the platform are then updated to include these NFTs. Players or creators can earn money from their games with Sandbox and sell their designed ESTATES. They can also earn rewards as they play games on the platform.
Illuvium (ILV)
Illuvium is an open world exploration game that allows players to explore seven extraordinary alien landscapes and collect strange animals they encounter. Known as Illuvials, these creatures have special abilities that can be improved as you train them. This will increase the value of Illuvials. Players can sell or trade these Illuvials in the marketplace, along with other NFT items and farming supplies. This play and win game is currently in beta and offers players the chance to earn cryptocurrencies.
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