Altcoins
Crypto Analyst Predicts Top Altcoins to Rise 10x in 90 Days
In his latest YouTube video Titled “If I Owed 10X My Money in 90 Days, I Would Buy This Crypto Altcoin,” Miles Deutscher, renowned cryptocurrency analyst Miles Deutscher presented a refined outlook on altcoins that he believes are positioned for significant gains over the next 90 days. Originally aiming to highlight altcoins capable of a 20x return by the end of the cycle, Deutscher adjusted expectations based on realistic market analysis, highlighting those with the potential for a 10x increase .
Altcoin with 10x potential
Deutscher began his analysis by addressing the volatility and uncertainty inherent in cryptocurrency markets, particularly in the altcoin sector. “A 20X return is not easy,” he explained, detailing the need to venture deep into the risk curve and focus on altcoins with smaller market caps to achieve such high returns. “You will have to go for coins in the market cap region of $1 million to $200 million, maybe $500 million to $1 billion,” he added.
Recognizing the often unpredictable nature of the cryptocurrency market, Deutscher revised his approach: “So I will reduce this question to 10x. I think 10x is much more realistic for many alts. I like the risk reward on a 10x more than a 20x.
Deutscher highlighted several altcoins that he believes have the potential for substantial gains:
Dogwifhat (WIF): Positioned as the premier meme coin on the Solana blockchain, the WIF was discussed with particular enthusiasm by the analyst. With a current market capitalization of approximately $3.7 billion, Deutscher expects a possible rise to $37 billion, supported by strong community support and favorable market conditions. He cited recent price movements and community engagement as indicators of an impending increase: “WIF is starting to cross this level [at around $3.60] on the daily, which is super bullish.
Pepper (PEPE): Another meme coin, Pepper, was noted by Deutscher for its volatility and high-risk, high-reward nature. Even though he personally achieved a 70x return, Deutscher still sees a lot of potential. However, he also advised viewers on the strategy of taking profits progressively, underlining the need to secure profits in a highly volatile environment.
Prime (Games Sector): Moving on to the gaming niche, PRIME has been mentioned by crypto analytics as a promising candidate for a 10x surge, capitalizing on the growing popularity and investments flowing into blockchain-based gaming.
Fantom (Infrastructures) and AIOZ (DePin/AI): Both Fantom and AIOZ have been recognized for their technological innovations and potential market growth, with Deutscher predicting possible 10x earnings due to their strong technological foundations and market positions. “Fantom (FTM) can 10x. AIOZ can 10 times,” he said.
Risk management in cryptocurrencies
Importantly, Deutscher emphasized differentiating investment strategies based on coin type and market position. While coins like Solana and Ondo Finance may not feature 10x returns, their market leadership and stability offer lower but significant returns, which can be crucial to maintaining balance within a diversified portfolio.
“Can Solana and Ondo Finance (WAVE) 10x? Maybe not, but they are leaders in their respective fields. So you might be satisfied with a 3.4x there. Not everything has to be a 10x. This is what you need to understand too. Some coins in your wallet serve a different purpose. Come in with a larger size, they are safer. So you’re not taking on as much risk,” Deutscher explained.
He also discussed riskier ventures like Astroport, which, due to its smaller market cap, presents a classic high-risk, high-reward scenario. “The lower the market cap, the easier it is to pump because the less liquidity is needed to influence the price,” Deutscher noted, underlining the speculative nature of such altcoins.
At the time of writing, WIF was trading at $3.46.
Featured image created with DALL·E, chart from TradingView.com