Bear market or Bull Market – Opportunities are always there to make money. Here I’ve got a list of 4 cryptocurrencies that can give you 100x in the next bull run. But, it won’t be one project that will give you 100x.
So instead, you have to combine these returns to get there. In fact, a $400 investment across these coins could earn up to $15,000 or almost an entire Bitcoin. So, let’s find out wHi are these coins and how am I combining these to get to that 100X gain.
LSS is the token of project Lossless. It is one altcoin with the potential to give you 60x on your investment. But what’s the big deal about this crypto? Lossless offers more than a regular crypto token. Security is such a big challenge in the market now. And DeFi protocols are huge targets. Investors are losing money. Lossless aims to help its users mitigate fraud. That means $100 could become $6000 with that kind of return.
Since our inception we’ve been working hard to provide #web3 with security tools and we made 5 🛠
▪️ Lossless Protocol
▪️ Token Relaunch Toolkit
▪️ Token Minter
▪️ Vault Protection
Find out more 👉 https://t.co/EDFDxLRMVn
Or check our quick intro ⬇️ pic.twitter.com/nAL5FdWxww
— Lossless (@losslessdefi) November 11, 2022
So, Lossless claims it can detect hacks and bots. And in the case of a fraudulent transaction, it will reverse the transfer. So, the stolen crypto gets back to its owner. That’s pretty solid, isn’t it? Lossless uses the LSS token for several activities, such as:
- Payment of fees.
- Participation in voting.
- As a reward for users who detect fraud.
At the time of writing this article, LSS currently trades at $0.140748. It has a market cap of $8.2 million and a circulating supply of 58.5 million LSS coins. LSS peaked at $2.40 on October 20, 2021. Yet, it entered a rough phase afterwards. LSS’s price has fluctuated since it launched. But that’s the same with any other crypto in the market.
Moreover, Lossless uses a two-step approach to recover stolen funds. first, it freezes the hacker’s wallet. Then, a decentralized decision-making body verifies the hack. Lossless uses its community and technology to spot hacks. So, users who spot hacks will receive a reward in LSS tokens.
Mutiple community members reached out asking if $LSS is supported by either @Ledger or @Trezor 🔒
ERC-20 tokens can be stored in cold wallets and $LSS is one. Here’s how to do it 👇
Trezor: https://t.co/BnbzKhNzcZ pic.twitter.com/aU2VWb7cOk
— Lossless (@losslessdefi) November 21, 2022
Why Should You Care About Lossless?
Security platforms will be in high demand in the coming months. And Lossless is well-positioned to attract investors. So, how investors and users react to Lossless’s offerings is crucial. It will decide the LSS price movement.
Rewarding users who spot hacks is a good strategy for growth. Community members will try to make the platform better to earn more rewards. So, LSS has the right reason for growth.
Coin number #2 on the list is CPOOL, and it can easily be 10x. It has massive potential. That would turn $100 into $1000 with a return like that. CPOOL is the native token of the Clearpool Protocol. Clearpool is a decentralized capital markets ecosystem. It provides uncollateralized liquidity to institutions.
🛠️ Product updates
The team has been testing the new permissioned product which is going to audit.
There are a number of institutions lining up to use it. Once the initial line-up is confirmed, the launch date will be announced.
— Clearpool | Staking is now LIVE! (@ClearpoolFin) December 7, 2022
There are several lending protocols to choose from in the market. But, Clearpool has a different approach that makes it worth the glance. Whitelisted borrowers can open uncollateralized positions. This is as opposed to the common trend in DeFi. Projects often opt for 150%-200% overcollateralized positions. Yet, borrowers must stake 500,000 CPOOL to open a position. But, they are not exposed to market volatility that could lead to liquidation.
Why You Should Care About Clearpool Protocol?
Clearpool started in 2021. Robert Alcorn and Alessio Quaglini launched the project. Clearpool’s under-collateralized loans meet the need of large institutions. And makes it a project with huge potential. If you’re looking for a long-term investment, then CPOOL is a good choice:
- CPOOL has a market cap of $11.4 million.
- It has a circulating supply of 331.5 million CPOOL coins.
- CPOOL has a maximum supply of 1 billion CPOOL coins.
📢 $CPOOL STAKING IS LIVE! 📢
By staking $CPOOL to Clearpool’s Oracle, you can now:
💸 Earn attractive APR
📈 Participate in securing the interest rate pricing mechanism
— Clearpool | Staking is now LIVE! (@ClearpoolFin) October 11, 2022
On the other hand, CPOOL has strong fundamentals but is suitable as a long-term strategy.
Coin #3: Litentry
Coin number 3 on our list is LIT, the coin of project Litentry. It could do a 20x. That would equate to $2000 on a $100 investment. Litentry solves one of the biggest problems in crypto. It connects user identity on different platforms. This might not sound much of a big deal now, but it is. Identity is almost becoming a big deal in the blockchain space. And Litentry sits at the helm of things.
Understanding the Litentry Credit Computation network from original events -> Address Analyzing Nodes -> Litentry Identity Aggregation Layer.
Watch the video now: pic.twitter.com/DYSqySnNWC
— Litentry (@litentry) February 21, 2022
Litentry provides decentralized Identity Aggregator services. So, it can link user identities across blockchains like Solana and Ethereum. Litentry is built on Substrate. This enables it to leverage some of the best technologies in the ecosystem. The project won slot #15 in the recent parachain auctions. So, Litentry share’s in Polkadot’s security.
Litentry also caters to the privacy needs of its users. It uses an incognito on-chain data processing feature to achieve this. DDevelopers and regular users stood a chance to profit from Litentry. Developers can leverage Litentry’s tools to build applications. Users can also access a data explorer to check their own data.
Why You Should Care About Litentry
Betting on the LIT token should be based on two core factors:
- The coming demand for cross-chain identity projects.
- Litentry’s potential as a leading cross-chain identity project.
The world is fast moving to an operational Web 3 ecosystem. And cross-chain identity providers will play a huge role. They’ll help provide a smooth user experience. Litentry is miles ahead of other identity projects. Litentry can interconnect a large amount of data and protect its users’ privacy. Furthermore, Litentry’s features are perfect for DeFi.
Another way to know a project will blossom is through its partners. Litentry already has a good number of reputable partners. Some of these include:
- PAID Network.
- Default Protocol.
✨Privacy in Litentry I: Implications and Design
In this piece about data privacy in Litentry, @melzhou_eth explains the philosophical foundations of privacy in Web3, and how that informs the privacy-preserving designs in the Litentry Protocol.
— Litentry (@litentry) November 29, 2022
The LIT token is the native cryptocurrency of the Litentry protocol. It is also going to serve as a driver in the ecosystem. This means that as Litentry continues to grow, there will be a price movement for LIT. Users will pay gas fees in LIT tokens. They’ll also receive rewards in LIT. As of this recording, LIT trades at 0.851736.
- It has a market cap of $33.9 million.
- It has a circulating supply of 39,619,383 LIT coins.
- There’s also a max—supply of 100,000,000 LIT coins.
LIT rose to a high of $1.07. This was its highest level since August 10. LIT has surged by more than 150% from its lowest level in 2022. It is important to know that buying this token doesn’t mean immediate profit. This one might be a slow, steady mover.
AZERO, the token of project Aleph Zero is the last coin for today’s article. The project operates as a privacy-focused blockchain. It is designed to boost web3.0 activities. Aleph Zero offers access to privacy-enhancing tools. Developers will find this project useful that will help them to create more robust systems.
The mainnet update is now completed, marking a significant step towards decentralizing Aleph Zero.
For more details, please refer to our recent overview article 👉 https://t.co/BljABNwJ3j
Thank you for being with us on the $AZERO journey! 🙌 https://t.co/bpDaeNndnH pic.twitter.com/AMfjt4diUr
— Aleph Zero (@Aleph__Zero) November 30, 2022
Aleph Zero is based on a Directed Acyclic Graph algorithm. So, it is able to tackle issues from the blockchain trilemma. Furthermore, using DAG enhances the platform’s speed. Aleph Zero provides open access to enhanced DeFi features. The project tries to solve the following problems:
- High cost.
These are all serious concerns in the blockchain ecosystem. So, AZERO is well-positioned to stay in high demand.
Why You Should Care About Aleph Zero?
There are several reasons you should have AZERO in your portfolio. Although it might not be the next Bitcoin, AZERO could go as high as 60x. Here your $100 investment could go to $6000 in value at that return.
AZERO is enterprise-ready. This means the project is set to meet the needs of a large clientele. It provides these users with access to blockchain. Also, AZERO has the potential to be listed on top exchanges such as Binance and Coinbase. The team is full of professionals. And seems detailed enough to pull that off. Listing on top exchanges like that will affect its price movement.
Please refer to the guides (https://t.co/WVctNzGj03) when configuring your nodes and don’t hesitate to ask us any questions on Discord!
— Aleph Zero (@Aleph__Zero) December 5, 2022
On the other hand, AZERO has raised $15m for continued development. It also has integrated with the substrate stack. As a result, AZERO has some unique technology. This adds to its value proposition.
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