Crypto traders are always looking for new opportunities to 10x and 100x their money. Today, we will be looking at five tokens, Pepe, Ripple, BNB, FET, and Cutoshi, and see which one has the biggest potential for massive gains.
Pepe Sees Decline, Modest Potential
While Pepe Coin (Pepe) has had a strong yearly performance, it is entering a consolidation period. Currently trading at $0.000007331, it is down -57.41% from its May all-time high. This period of stability is creating hope for some traders. However, analysis shows that Pepe will likely see modest gains.
Its huge market cap, ranking 27th in crypto, means that further large gains are unlikely. For Pepe to double in price, it would have to overtake the Artificial Superintelligence Alliance (FET), Uniswap, and even Polkadot.
This means that Pepe will likely stay relatively stable in the future. It may give 2x or 3x gains, but not 10x or 100x. For these kinds of gains, traders should look to newer memecoins.
BNB Grows With Binance, But Slowly
Binance Coin (BNB) continues to benefit from its association with the Binance exchange. Since the start of the bull market, BNB has been doing great. Every time Binance earns profits, a portion of these go to BNB burns.
This is why BNB typically rises and falls with the crypto market. However, the opportunities for further growth seem limited. Binance is already in a dominant position. Moreover, BNB has a $80 billion market cap, ranked seventh among all crypto assets.
Ripple Gains After SEC Win
Ripple (XRP) has seen a volatile year, with some recent upside. Long-troubled by its long legal battle with the SEC, XRP is seeing some respite recently. The token rose 8.11% over the last seven days while registering a modest yearly gain of 14.49%.
As its legal case with the SEC comes to a close, the picture for Ripple seems bright. However, issues remain. Ripple’s main concern is the frequent token sales from its team. Every time XRP looks like it will break out, the Ripple team dumps.
In any case, just like BNB, Ripple has a huge market cap, meaning huge jumps are unlikely.
Artificial Superintelligence Alliance Gains from AI Craze
The AI craze has pushed the Artificial Superintelligence Alliance (FET) to the spotlight. Developed by Fetch.ai, FET has gained 500% over the last year, reaching $1.39.
Still, FET’s reliance on the AI craze exposes it to risks.
For one, rising interest rates are cutting through AI startup valuations. Even Nvidia is feeling this effect. As investors are cooling on AI, FET is somewhat losing steam. Since its peak in March, FET is down 60.25%.
Cutoshi Wins With Tokenomics, Utility
Cutoshi (CUTO) is a new crypto that just launched its presale. With a starting price of $0.015, Cutoshi is an early opportunity for both memecoin traders and DeFi investors. Based on the Chinese lucky cat, it has the cuteness factor covered. It is also packed with utility, launching its own DEX and farming mechanics.
What really sells Cutoshi is its tokenomics. With a supply of just 440 million, the token is much more scarce than most memecoins. For instance, Pepe has a massive supply of 420.69 trillion! This will boost Cutoshi’s price, and ensure it can reach $1 very soon.
If Cutoshi reaches $1, traders would have made a 6566% return on investment. This means that an investment of just $1000 would yield $66,000 by that time.
However, Cutoshi likely won’t just stop at $1. Thanks to its strong features, after the exchange listing, Cutoshi could join the first 100 tokens. This means that it would yield at least double these returns, and more.
For more information on the Cutoshi (CUTO) Presale:
Join and become a community member:
https://twitter.com/CutoshiToken
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
