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How to find 100x Altcoins early?

How to find 100x Altcoins early?

If you want to earn money in the crypto world, you need to invest when the project is still in its early stages, implying investing in the micro-cap sector. If you bought 279 Solana ($500/$1.79) in January, you could have sold it for roughly $69,750 less than a year later. This works out to 136x. For a $500 investment, that’s a pretty good return.

If you were early on in the Shibu-Inu mania, you could have bought 10 billion Shiba Inu for $500 ($500/0.00000005) in April of last year and sold it for roughly $800,000. This is equivalent to 1,599 times. For a $500 investment, that’s a pretty good return.

When it comes to making money with cryptocurrency, these two examples provide valuable knowledge for us all. The project must reach the top 10–25 cryptocurrencies (by market cap) to accomplish these incredible results. Solana and Shibu-Ina were both ranked in the top ten in their prime. This is crucial since it is from here that significant advantages are generated. You’d also have to get in early before the project becomes well-known, and while the project is still small — that is, it falls into the small or micro-cap category.

What is the Micro-Cap Sector, and what does it entail?

The market capitalization of cryptocurrency projects determines their relative position. The overall dollar market value is computed by multiplying the total number of issued coins/tokens by the market price of those coins/tokens. The Micro-Cap sector is merely one of many market capitalization levels within this industry.

Mega Market Capitalization is the highest level of cryptocurrency market capitalization, including projects with a market capitalization of more than $200 billion. Bitcoin and Ethereum are the only two crypto projects that fall into this category. It would be overly optimistic to expect 2x-3x annual returns in this area. You’d have to search at far smaller market capitalization levels to locate ventures with 25x-100x return potential.

Levels of the Crypto Market’s Market Capitalization

The Micro-Cap sector, which covers projects with a market capitalization of $10 million to $100 million, can be a favorite. It’s essential, especially when it comes to uncovering diamonds in the Play-to-Earn gaming industry, is the Nano-Cap sector, which consists of projects with a market capitalization of $1 million to $10 million. You’re looking at +100x returns if you uncover a project with a market valuation of $1M-$10M, and it goes to the top 25 (think Axie Infinity).

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Top 10 altcoins that will make you a millionaire in 2023

Top 10 altcoins that will make you a millionaire in 2023

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