Top Five Altcoins with Potential for 10x Profits by July
The current state of the crypto market is presenting some challenges, with Bitcoin struggling to maintain its position above $65,000. Alongside this, there is a widespread decline in the prices of several altcoins.
In a recent video, analyst Virtual Bacon shared his insights and provided a list of altcoins that he believes are worth considering before July. According to him, all the altcoins featured in the list have significant catalyst events scheduled within the next two months.
The first altcoin on the list is Fantom, a well-known crypto platform that is gearing up to launch a major upgrade called Sonic. Sonic is a new and faster blockchain that has the capacity to process over 2,000 transactions per second. This is a significant improvement from Fantom’s current rate of 200 transactions per second. Additionally, Fantom has managed to secure funding from major players in the decentralized finance (DeFi) space, which ensures strong support for its new protocols. With these upgrades, it is projected that Fantom’s market cap could increase from $3 billion to $7-8 billion, and potentially even reach $15-20 billion, which could result in a 10x return on investment.
The second altcoin mentioned is Connext Network, which is known for its interoperability protocol. The project recently launched a major upgrade called Everclear, which simplifies cross-chain transactions by allowing users to interact with different blockchains without the need to switch networks or purchase new tokens for gas fees. Despite its strong backing and partnerships, Connext Network’s current valuation is comparatively low when compared to its competitors. This makes it an attractive investment opportunity as it gains more listings and adoption.
The third altcoin on the list is World Mobile Token (WMT). World Mobile was initially built on the Cardano blockchain but is now planning to migrate to Ethereum-compatible chains such as Arbitrum and Base. This move is expected to make WMT more accessible and integrated with popular DeFi ecosystems. The price chart of WMT exhibits strong potential, as it has recently broken through a key resistance level, presenting a favorable entry opportunity for investors.
The fourth altcoin highlighted by Virtual Bacon is Foxy, a meme coin that has integrated itself into Linea and MetaMask airdrops. This integration enhances Foxy’s credibility, as users can claim Foxy tokens through Linea’s campaigns and MetaMask swaps. Furthermore, Foxy is listed on major exchanges like OKX, which indicates strong support from Linea and ConsenSys. Compared to other meme coins launched by anonymous teams, Foxy is considered to be a safer investment due to its solid backing.
Lastly, the final altcoin on the list is Puff, which Virtual Bacon believes has the highest potential in the short term. Puff is the official meme coin of the Mantle ecosystem. Recently, it was announced that Puff will be launching a new governance token for Mantle’s liquid staking protocol, which adds further value and utility to the project.
In conclusion, these hidden gem altcoins present promising investment opportunities, each with its own unique catalyst events and potential for growth.