In this crypto market right now, the things are changing very rapidly! The looks ridiculous these days and amateurs are in fear with the market trends that are spanning across it. But fear is always a trait of amateurs and tourists of the crypto market. Seasoned investors are pretty much aware of what they are dealing at hand and how they can turn this into an opportunity for good. And this is a time when investors look for tokens that they can get at discounted prices. Well, I have done my own research and based on that I have shortlisted 3 amazing coins that in my opinion have the potential to provide returns of more than 50x in the coming future.
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In this crypto market which seems to be surging with tokens being released day in and day out, to identify the top cryptos with extensive potential to grow is really tough. But don’t worry guys, I am here at your service and have done the entire hard work for you. In my opinion the three cryptos with the 50x potential include Cardano, Ecomi and VeChain. Yes, that’s right! And let me tell you why I am focusing on these 3. But before moving towards that I have some more awesomeness coming your way. Presenting to you the OVER app. You must have heard about the metaverse and the growing realm of NFTs in the crypto world. And OVER has jumped on this bandwagon with its Augmented Reality Technology to give a new flavour to the entire industry. And let me tell you guys that OVER is one of the first metaverse projects that has total openness.
In this internet world where you find a protocol too restricted to itself, OVER leads the way to interoperability, where it operate in conjunction with other platforms and exchange of information is freely possible. It is a World Scale, open-source, AR platform powered by Ethereum Blockchain that allows live interactive augmented reality experiences customised in the real world to its users on smartphones and smart glasses. It is the new standard in augmented reality experiences by placing itself as the first content browser where the world submits the possible experiences based on its geographical position to the users.
Cardano reaches with 50x potential: Volatility?
Now back the top three contenders of the crypto markets that have the potential to provide a return of upto 50x. The first one is Cardano. Although launched in 2017, the development of it has already started back in 2015. And, guys, Cardano claims that it is a blockchain platform for changemakers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change. It is a proof-of-stake blockchain platform. And let me tell you this that it is the first one to be founded on peer-reviewed research and developed through evidence-based methods. Cardano combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. Talking about the growth potentials, Cardano broke above the $0.6 resistance level some time ago to rise to $0.689 highs. In doing so, ADA established a short-term bullish market structure as the previous lower high at $0.56 was broken. The price has been in a downtrend since April, and on this downtrend, it set a lower high in mid-May at $0.614.
ADA`s current prices. Would it reach 70x or 80x?
The recent ADA surge to $0.68 broke this lower high as well and has flipped the structure to bullish on a higher timeframe. The next set of highs was at $0.7, and ADA almost touched those highs as well before a strong pullback to the $0.54 support level. Therefore, going forward, the bias for ADA can be bullish. However, a dip to the $0.54 and $0.5 levels can be tested as support in the days to come. And going forward in the long run it can show amazing growth. I am mentioning it in the 50x video but guys, I won’t be surprised it goes to over 70x or 80x. So, make your grasp tighter on it as well. Moving on to the next token we have VeChain. VeChain is an enterprise blockchain platform that aims to provide a full view of an organization by disintermediating information from the data silos. It also plans to become a leading platform for initial coin offerings what we commonly refer to as ICOs and also for the conducting transactions between Internet of Things or the IoT connected devices. And let me make things clear, VeChain actually offers two tokens, VeChain token or the VET as a value layer and the other one is VeChain Thor Energy or the VTHO that is the smart contract layer. Now coming to the technicalities of the coin, because this is one of the deciding factors that has allowed it to feature on this list.
VeChain potential prices in 2022
The VET price consolidated healthily throughout the month within a very narrow range and pulled a massive leg up during the weekend. In my opinion, with an immense influx of liquidity, the VET price is showcasing extreme bullish momentum. Moreover, the VET price has dropped 21.5% in the last 30 days. If this trend continues the price of Vechain might plummet to $0.025 in support level and drop even lower. And that can work in the favour of this token, because then more investors will enter the market and the bulls might take over, because they won’t miss out on the chance to get this token at such discounted price. This will enthrone the VET from its downtrend position, therefore leading to an uptrend to $0.043 at the resistance1 level.
And even move higher to $0.186 at the resistance6 level, which will be the bullish signal for 2022. In my opinion the long-term VET price prediction for 2022 is bullish. It has a really low possibility of trading at a new all-time high above the present one at $0.2782 according to CoinMarketCap. And let me tell you guys that if this bullish trend continues, VeChain will reach $0.186 by the end of 2022. Moreover, the rise when continued will eventually become a bull run allowing it to break through the shackles and reach atleast 50x to 60x in short span of time. So, guys do keep an eye on VeChain as well.
What’s the Ecomi value? Worth it?
Last but not the least we have Ecomi. ECOMI is actually a technology company that is based in Singapore and aims to lead the way in the emerging digital collectibles space, as well as protection of digital assets. It offers a one-stop-shop for digital collectibles through the VeVe app bringing pop culture and entertainment into the 21st century. Ecomi sees digital collectibles as a new asset class which offers intellectual property owners the opportunity for new revenue streams in the digital landscape. Digital streaming, gaming, in-app purchasing has already become a multibillion-dollar market. And in my opinion, there is a space left-out.
So, the next to join this digital trend is the pop culture and collectibles industry. And this is the market the Ecomi wants to dominate, which makes it an amazing choice for the investors of the crypto industry that are looking for long-term gains. For all those investors, they are offering Ecomi tokens which users can use to ride the incoming wave of pop culture and collectibles in this industry as well. We have already seen the rise of NFTs and Metaverse and it is inevitable that the pop culture and collectibles industry will not follow behind. Coming to the technicalities of the token they offer. The price exploded suddenly in March 2021, sending the price from $0.003 to $0.013 in just a few days resulting in high volatility.
ECOMI price predicition
But soon, the price of the OMI coin started to trend down for the next few months, and the Bollinger Bands show that the volatility was at an all-time high during the month of April. This volatility stabilized over the next few months as the ECOMI price decreased again, hitting record low levels. But it recovered in the month of February this year. And ECOMI was able to earn a Very Bullish rating on the InvestorsObserver Sentiment Score, and this tool can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip. Although the current market looks red but for an investor like me it is one of the best times to accumulate the best tokens at the most discounted price. And in my opinion, Ecomi is one of those in my list because it has the potential of being much bigger that what it is today.
This article is a transcription of a video made by Crypto Diary
Original video: https://youtu.be/m0ciIAqRVYM
