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Cryptocurrency News Articles

3 Cryptos That Could Still Deliver 10X Gains This Year

Jul 06, 2024 at 02:07 am

Cryptos delivering 10X gains over the course of a single year are not uncommon. These gains are likely achievable, for those who pick projects that provide

3 Cryptos That Could Still Deliver 10X Gains This Year

Cryptos that could deliver 10X gains in 2023, despite the bear market

Several cryptos delivered 10X gains in 2021. However, the bear market made such gains unlikely in 2022. Despite the bearish environment, some cryptos could still deliver 10X gains in 2023.

Here are three cryptos that could deliver 10X gains in 2023:

Artificial Superintelligence Alliance (FET-USD) is a recent merger between three leading blockchain projects. The projects enveloped by this group are Fetch.ai, SingularityNET, and Ocean Protocol. The alliance was formed to create the largest open-source and decentralized player in AI research and development. This project was also created with the goal of democratizing AI, creating an ecosystem free from central control.

FET, AGIX, and OCEAN tokens will continue to trade under the FET token. I believe that if you think AI will make significant inroads into Web 3.0, FET is definitely worth considering.

There are many projects currently experimenting with blockchain AI. Many have concerns about traditional AI models being too censored. And privacy is an even bigger concern, since most AI firms can scan through your conversations with the bot. That’s why I believe AI models based natively on the blockchain could be a big thing in the coming years. This AI ecosystem could be the biggest beneficiary of this long-term trend.

Moon Tropica (CAH-USD) is a gaming platform that is at the intersection of gaming and blockchain technology. The project’s core battle arena game is inspired by classic video games such as Zelda and Animal Crossing. This game is designed to offer a unique gaming experience. Players can explore islands, complete quests, solve puzzles, and conquer dungeons while customizing their characters with rare items.

Gaming cryptos haven’t fared well in the recent rally. However, I think their time in the sun could come, as the metaverse remains a pretty hot topic. The project’s CAH token has declined significantly from its peak. However, the project’s market cap sits at around $20 million right now, and I believe its core token could be bottoming out at the current range. I believe the biggest upside catalyst could be a major centralized exchange listing. Almost all of the token’s buying and selling volume takes place on the Uniswap (UNI-USD) exchange, as of writing.

WOO (WOO-USD) has returned to its pre-rally prices, meaning it’s a top momentum play in the crypto space right now. Though I do think Woo has a bit more downside risk tied to its elevated market capitalization and high dilution, if we do see the broader crypto market make a comeback, most decentralized finance cryptos could rally significantly higher due to ballooning trading volumes.

This project is a deep liquidity network that seeks to enhance liquidity and trading experiences across both centralized finance (CeFi) and DeFi landscapes. The main products offered by WOO include WOO X and WOOFi.

I

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