Altcoins
Top 7 Altcoins Set to Grow 15X BEFORE US Elections
In the latest YouTube videoRenowned cryptocurrency expert Alex Becker discusses the market rallying for the first time in a millennium and how it came to be. He shares his thoughts on the market, including Bitcoin’s growth potential and revealing which coins are currently in high demand and poised to explode ahead of the election.
With Donald Trump emerging as the leading candidate for the US presidential election, analysts see this as a positive catalyst for cryptocurrency markets.
Cryptocurrencies Set to Explode 15 Times Before Elections
Solana (SOL)
Alex Becker highlights Solana as the main contender for the bull run. Thanks to its high throughput and low transaction costs, Solana has been a favorite among developers and users alike. Solana rose 3.5% after Biden announced his withdrawal from the presidential race, reflecting investor sentiment that Kamala Harris may struggle against Trump.
Axie Infinite (AXS)
Axie Infinity has attracted a lot of attention with its massive user base and unique play-to-earn model. Becker sees potential in AXS due to its established market presence and continued growth in user engagement, making it a solid bet in the gaming sector of the cryptocurrency market. Additionally, AXS is showing resilience, with technical indicators suggesting potential upside momentum. The platform faces challenges such as declines in user engagement, but maintains a strong market position.
Immutable X (IMX)
IMX is another gaming token that Becker believes will perform well. As a Layer 2 scaling solution for NFTs on Ethereum, IMX offers fast and gas-free transactions, which are crucial for gaming applications. Looking ahead, IMX aims to capitalize on its ecosystem and partnerships, integrating major gaming titles and user-friendly features. However, scalability remains a key challenge for sustained growth.
Superfarm (SUPER)
Next up is SuperFarm, known for its versatile NFT infrastructure, which supports a variety of applications across multiple blockchains. It points out that its adaptability and the growing popularity of NFTs could drive significant growth, especially if the market experiences an uptrend.
Ronin (RON)
Ronin, a sidechain specific to Axie Infinity, has shown resilience and growth potential. Note that as Axie Infinity continues to thrive, Ronin will benefit from its close association and integral role in supporting the Axie ecosystem, potentially leading to substantial price increases.
Flood (ILV)
Illuvium, an open-world RPG based on Ethereum, stands out for its high-quality graphics and immersive gameplay. Becker sees ILV as a top pick for its innovative approach and strong community support, making it a likely candidate for growth if gaming tokens gain traction.
Echelon Prime (ECH)
Concluding the list with Echelon Prime, he highlighted its unique positioning in the cryptocurrency space, which combines elements of gaming and AI. As the gaming and AI sectors thrive, he sees it as a hidden gem with great potential. Its creative technology and unique market make it an attractive investment.