Top 7 Cryptos that can Turn a $100K Investment into $1M Gains
Many people believe that investing in cryptocurrency is the future, and they are willing to take a big risk on where their money goes. This trend has led to an abundance of new cryptocurrencies coming online every day, creating confusion for investors while also increasing odds that some will make big gains with the right ones. Here are seven coins you can consider when looking into how Bitcoin-powered investments work
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The “invest in bitcoin now” is a list of the top 7 cryptos that can turn a $100K investment into $1M gains. The list includes Bitcoin, Ethereum, Ripple, Litecoin, Monero, Cardano and NEM.
Throughout 2021, the crypto market has seen significant growth, propelling Bitcoin and several other currencies to new highs. So, although 2018 has been a great year for cryptocurrency, there is no sign that the market is abandoning its bullishness.
Having saying that, if you know where to search, there are still plenty of possibilities to be discovered. To assist you, we investigated current trends as well as those predicted to reign supreme in the next year by specialists. After that, we looked into some of these trends’ most promising coins, which lead us to compile a list of the top 7 coins that, if the experts are accurate, have the potential to return significant returns.
Axie Infinity (Axie Infinity) (Axie Infinity
Axie Infinity is one of the initiatives with the highest potential of seeing significant development (AXS). This is a play-to-earn game based on Ethereum’s blockchain, and it’s one of the greatest — if not THE best — blockchain-based games out there right now.
Users may acquire NFT-based monsters, raise them, and use them to fight other players in the game. Third-party markets may also be used to sell, buy, and exchange them. If you want to fight, you’ll need at least three Axies, which are NFT-based creatures. The victorious player will get experience points as well as various forms of incentives from the combat.
Users may breed Axies to produce entirely new, unique monsters that they can help develop and utilize later, in addition to purchasing them at markets. They may also be strengthened and enhanced.
The fact that Axie Infinity allows players to make a profit by generating money is one of the reasons why we feel the game may make your investment produce significant returns. To get a sense of its potential, consider that the game earned $342 million in August and an extra $220 million in September.
The only issue is whether it can maintain its popularity. After all, there are a slew of metaverse and NFT-based projects in the works, some of which are now live or are about to go live, so Axie Infinity will have its work cut out for it.
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Visit our Investing in Axie Infinity guide for more information.
2) Shiba Inu Shiba Inu Shiba Inu Shiba
Shiba Inu is the next currency on our list, a memecoin inspired by Dogecoin’s popularity. While the Shiba Inu was influenced by DOGE, it has made significant progress in escaping its shadow. SHIB even saw a jump a few weeks ago, allowing it to significantly exceed DOGE in terms of market value, and so rank among the top cryptos.
However, because to its huge supply, the price per coin remained much lower than DOGE. Indeed, many have argued that there isn’t enough money in the world to propel SHIB’s price to new heights, at least not without a major amount of the currency being destroyed.
Even if SHIB’s price hasn’t quite reached $1, it has lost a lot of zeros since January, when it fell from $0.000000000073 to $0.000037 per token as of Dec. 8. A lot has transpired to propel SHIB forward, including several exchange listings, the debut of ShibaSwap DEX, FOMO, and a lot of coin burning.
Visit our Investing in Shiba Inu guide for more information.
Then there’s Solana (SOL), which has soared this year, rising from $1.61 to $191 per token as 2021 progressed. The popularity of the coin’s blockchain is the primary driver of its growth.
As many people are aware, Ethereum has had major scaling issues this year. Ethereum’s network has been busier than ever as the DeFi and NFT sectors have continued to develop and recruit users. Unfortunately, the coin’s failure to scale resulted in some astronomically high fees, which the team attempted to rectify but failed to do so.
As a consequence, many people have begun to look for quicker blockchains, with Solana at the top of the list. Thanks to its proof-of-history approach, the project has seen a slew of new dApps, DeFi protocols, and NFT initiatives emerge since then.
To put Solana’s speed into context, consider that it is more than twice as quick as Visa. Visa can process 24,000 transactions per second, whereas Solana can process 50,000 transactions per second. We predict demand for SOL will continue to expand in 2022, thanks to its appeal among developers and consumers alike.
Visit our Investing in Solana guide for more information.
Avalanche (n.d.) (n.d.) (n.
Avalanche (AVAX) is another cryptocurrency on the rise, but this one focuses specifically on smart contracts. As a result, it’s similar to Solana in that it’s a rival to Ethereum. Developers may use it to construct smart contracts, which can then be used to create decentralized applications, DeFi protocols, NFTs, and more.
Avalanche, like Solana, is substantially quicker than Ethereum, with its native money being utilized for both the consensus method and the payment of network transaction fees.
The Avalanche Foundation came up with the concept of enticing new developers and users by introducing the Avalanche Rush initiative a few months ago, which put aside $180 million to fund any DeFi protocols considered worthy of being endorsed by the organization.
Many well-known DeFi protocols, such as Aave and Curve, were previously drawn by the effort.
Visit our Investing in Avalanche guide for more information.
5) The Playground
The Sandbox is another cryptocurrency that made the most of the opportunity that 2021 presented (SAND). The SAND token was only worth $0.04 at the start of the year. However, when the metaverse movement gained traction, its price soared to $5, implying that a $10,000 investment on January 1st would have grown to nearly $1.4 million by mid-December.
The buzz around The Sandbox is similar to that which surrounded Axie Infinity, with the exception that The Sandbox is about monetizing the metaverse, which means it is not providing a traditional blockchain-based game, but rather a 3D virtual world. It may, of course, be considered as a game, and it also permits and even rewards individuals who create virtual worlds and interact with them or others.
These worlds, like their own NFTs, stay completely in the hands of the players once they’ve been created. The NFTs may be utilized both within the game and on The Sandbox’s platform. They may also be sold on the market, allowing their owners to profit from them.
Visit our Investing in The Sandbox guide for more information.
Decentraland is another prominent metaverse project, as well as one of the earliest and hence a pioneer in this crypto industry (MANA). This project also experienced a lot of activity this year, especially in the last few days of October, as Facebook chose to rebrand and change its name to Meta.
As a result of this, the metaverse initiatives received a lot of attention, and Decentraland saw rapid benefits. The project began the year with a price of $0.082, and by November 25th, it had risen to a new all-time high of $5.90.
Users may also buy digital parcels of land on Decentraland and do anything they want with them, including making games, apps, and even companies. Decentraland is one of the most significant initiatives in this sector, having been one of the first to investigate the potential of the metaverse. Without it, the metaverse would not have progressed as much as it has in recent months.
Visit our Investing in Decentraland guide for more information.
Finally, we feel there is a compelling reason to keep a watch on Ethereum. After all, the project has been working on upgrading to Ethereum 2.0 for quite some time, and the anticipation alone has boosted its price from $736 on January 1st to over $4,800, its all-time high.
In fact, Ethereum is one of the most significant projects ever launched, as well as the crypto industry’s largest development network. Despite its technical restrictions, Ethereum is still the industry leader when it comes to smart contracts, dApps, DeFi, and NFTs. If the ETH 2.0 update removes these restrictions, there’s no knowing how high the price of this currency will rise.
There are obviously high expectations, particularly as Ethereum is the network from which all new trends emerge. For the time being, it is the industry’s biggest altcoin and the second-largest cryptocurrency by market capitalization, and as such, it needs to be closely monitored.
Visit our Ethereum Investing Guide for more information.
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Frequently Asked Questions
Which Altcoin will make me a millionaire in 2021?
A: It is difficult to time when a cryptocurrency will be worth more than other cryptocurrencies. However, the most likely altcoin in late 2020 and 2021 that will make you a millionaire would be Bitcoin because it has been around for longer and its price is higher currently.
What is the best cryptocurrency to invest in 2021?
A: This is a very difficult question to answer with any degree of certainty.
Which crypto will explode?
A: The answer for this question is a bit too vague to give an accurate response.