Crypto analysts say these altcoins have huge potential – here’s why

Trent Rhode / Midjourney AI

After reaching impressive heights in late 2021, the world’s largest cryptocurrency, Bitcoin, experienced a steep decline, dropping from an all-time high of $69,044.77 in November 2021 to $16,400 in November 2022.

This significant drop of over 76% was attributed to a number of factors including collapse of FTX, related industry bankruptcies and growing regulatory concerns. Despite these challenges, many analysts remain optimistic about the future of cryptocurrencies and their potential for growth. So what are some of the best altcoins to buy with that in mind?

The Case for a Continued Crypto Bull Run and the Best Altcoins to Buy

First, let’s look at the potential of the crypto market. As one example of the potential for crypto markets to continue to grow, the recent research conducted by the deVere groupa leading financial advisory firm, has revealed that there may be a growing interest in cryptocurrencies among wealthy investors.

The survey, which included 560 high-net-worth individuals from various regions including Europe, North America, Asia Pacific, Africa and South America, found that 82% of millionaires with assets between £1 million and £5 million ($1.23 million to USD 6.16 million) sought advice on cryptocurrencies in the past 12 months.

According to deVere Group CEO and founder Nigel Green, Bitcoin’s current rally could continue, fueled by hopes that inflation has peaked and monetary policy is becoming more accommodative.

“Bitcoin is on track for its best January since 2013 on hopes that inflation has peaked, monetary policies have become more accommodative, and various crypto-sector crises, including high-profile bankruptcies, are now in the rearview mirror,” he said. green.

Green believes that the significant growth of the crypto market in January will not go unnoticed by high net worth clients and other individuals who are always looking for premium assets.

The crypto market’s optimism so far this year may also be due to the recent influx of institutional investment. Traditionally conservative financial firms, including JPMorgan and Fidelity, have begun offering crypto-related services, indicating growing acceptance among the financial mainstream.

An analysis conducted by PwC in June 2022 further supports this trend, as nearly one-third of the 89 hedge funds surveyed already invested in digital currencies such as Bitcoin.

The technology behind cryptocurrencies, blockchain, has a wide range of potential uses beyond digital currencies. From supply chain management to voting systems, blockchain has the potential to greatly impact and transform multiple industries, providing new growth opportunities for both the technology and its associated cryptocurrencies.

Familiarize yourself with the risks, avoid scams, invest wisely

Investing wisely isn’t as simple as throwing money at any available digital asset that’s trending on Twitter. There are several key aspects to consider before investing.

The first step is to be aware of the risks involved. The crypto market is very unpredictable and it is important to be prepared for the potential loss of the funds you invest. Only invest money you don’t need and can lose with minimal emotional stress.

Then conduct a thorough due diligence on the projects you are interested in. Check compliance of projects with legal regulations and the reliability of the teams behind them. Only invest in projects that are legitimate and have a strong reputation.

Another important aspect to consider is the real-world applications of the project. A project’s value proposition should be evaluated to ensure that it provides practical solutions to existing problems, rather than simply being tied to capitalizing on trends without providing real value. A project’s ability to tackle real-world problems has a significant impact on its long-term success and potential return on investment.

For those looking for a high ROI, pre-selling cryptocurrencies can be a good option. Pre-sales offer the potential for big returns, but only with informed investment decisions and thorough vetting of projects. Ensure that the projects you invest in meet the above criteria and that you have a clear understanding of the risks involved.

Crypto analysts recommend several digital assets that meet these criteria and are some of the best altcoins to buy. Some options include MEMAG, FGHT, CCHG.

Meta Masters Guild (MEMAG) for Master Web3 Gaming

Meta Masters Guild, an Ethereum-based play-and-earn gaming platform in development, is attracting attention with its current pre-sale reaching over $2.2 million raised. With only 2 days remaining before entering the fifth phase of the seven-phase offering, the pre-sale is likely to sell out, giving interested parties a limited time to acquire MEMAG before it goes public.

The rapid growth in pre-sales can be attributed to positive delivery, with some 24-hour periods raising over $100,000. Investors can participate in the sale by visiting the official Meta Masters Guild website and using Wallet Connect or MetaMask wallets to purchase MEMAG using ETH or USDT.

Meta Masters Guild holds great promise as a blockchain-based gaming platform focused on creating games that people want and getting input from users on the direction of the game while allowing them to truly own their game assets. Its first game Meta Kart Racers is scheduled to launch in the third quarter of this year.

The platform aims to develop fun and useful games to nurture a sustainable player community, with its titles including play-to-earn features and online multiplayer elements. The original MEMAG token will serve as both a governance and utility token, with a fixed maximum supply of 1 billion, which could become deflationary as demand grows.

Meta Kart Racers will be a free-to-play racing game available on iOS and Android devices and will feature a solo arcade mode and online PvP options. Players will be able to spend MEMAG on rare items and upgrades in the game and potentially win rare ones Based on NFT characters. The game is being developed by blockchain-based studio Gamearound, and the Meta Masters Guild has already established partnerships with other development companies.

With over 21,000 followers on Twitter, despite not even being launched yet, the Meta Masters Guild shows the potential to become a major player in the blockchain gaming industry.

Visit the Meta Masters Guild now

Fight Out (FGHT) Fights for your fitness

To fight is a new company that aims to transform the fitness industry using the latest Web3 and M2E (move-to-earn) technologies. This innovative approach is in response to the high turnover rate experienced by traditional gyms, with approximately 50% of new members dropping out within the first six months of joining. Lack of motivation, community and personalization are among the main reasons for this.

Fight Out addresses these challenges by offering a comprehensive solution that includes a unique NFT avatar representing the user’s fitness profile and a REPS token reward system. These tokens are earned by exercising, whether at home or at the gym, and can be redeemed for discounts on app subscriptions, gym memberships, personal training and merchandise such as supplements, workout gear and apparel.

The company also plans to open physical gyms around the world, with the first set to launch in the fourth quarter of 2023. These gyms will feature premium equipment and services, as well as Web3-integrated features such as ‘mirrors’ that display a user’s digital fitness profile and sensors that track progress. Offering a sense of community, personalization and a focus on measurable goals, Fight Out is poised to become the next big thing in the fitness industry.

UFC stars Amanda Ribas and Taila Santos, as well as former WBO middleweight champion Savannah Marshall, among others, have joined the Fight Out ambassador team. This celebrity power, along with their innovative concepts, has seen the FGHT token pre-sale raise $3.76 million to date, making it one of the best altcoins to buy.

Visit Fight Out Now

C+Charge (CCHG) is charged for the grand launch

C+Charge, a blockchain-based peer-to-peer payment system for electric vehicle charging stations, is at the forefront of solving problems faced by electric vehicle (EV) owners. Its use of secure smart contracts allows quick access to available charging stations and direct payment directly from a crypto wallet, without any additional fees or delays compared to conventional methods.

Electric vehicle drivers know all too well the problems of high fees, limited access to charging stations, lack of transparency and payment uncertainty. C+Charge offers a solution to these problems, enabling cheaper and offering a searchable database to find stations, openly displaying all charging information and providing real-time updates with the security of blockchain technology.

Through a collaboration with Flowcarbon, the company offers tokenized carbon credits as Goodness Nature Tokens ($GNT), making it easier for drivers to switch to electric vehicles and reduce emissions. Using the app, building managers can also monitor energy usage from each EV individually, which encourages landlords and businesses to install charging stations.

You can currently buy CCHG tokens for 0.013 USDT during the C+Charge presale. However, there will be three more phases where the token prices gradually climb to a maximum of $0.02350, making C+Charge one of the best altcoins to buy right now before the prices rise.

Visit C+Charge now

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