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Cryptocurrencies are rising again as bullish momentum builds in the market. With Bitcoin (BTC-USD) exploding and increased adoption through vehicles like the upcoming Bitcoin ETF, many believe we are on the verge of entering a new crypto bull market. While Bitcoin tends to lead the way, historically, its performance has also led to major rallies in altcoins.
As we look ahead, it is wise to explore some of the more promising crypto assets beyond Bitcoin. Of course, when dealing with altcoins, it’s important that we moderate our expectations. These assets tend to be extremely volatile and speculative in nature. Most will eventually fail or fade into obscurity. However, for adventurous investors willing to take responsible risks, here are three cryptos with the potential to see incredible life-changing returns in the future.
Nano (XNO USD)
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As cryptocurrencies become more mainstream as vehicles for consumer spending, expensive transaction fees remain a barrier. Offering free, near-instant transfers, Dwarf (XNO USD) provides a compelling alternative. In my opinion, if crypto payments gain wider traction for everyday transactions, Nano’s frictionless user experience gives it a key advantage.
In truth, Nano currently only focuses on payments without capabilities like smart contracts. It won’t have these capabilities in the future either, at least from what I can see. But for pure peer-to-peer transactions, Nano certainly outperforms rivals like Bitcoin and Ethereum (ETH USD). Coupled with intuitive wallets, the gradual adoption of Nano by consumers seems likely due to the utility it provides. Unfortunately, that would require more crypto usage for day-to-day transactions. That’s not something we’ve seen happen yet.
Regardless, Nano boasts an innovative block-grid architecture and energy-efficient network. As sustainability gains greater emphasis, this strong technical foundation lends Nano added investment appeal. Therefore, for those seeking exposure to broader crypto-based consumer spending in the future, Nano deserves consideration.
Libra Incentix (LIXX USD)
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In my opinion, the Libra Incentix (LIXX USD) token stands out as a remarkably undervalued asset in the cryptocurrency market, with the potential for tremendous growth. As a utility token, Libra Incentix serves as a key component within the LIX ecosystem, facilitating loyalty and customer engagement through tokenized loyalty programs.
Libra Incentix has developed some pretty interesting strategic partnerships across various sectors worldwide. These span the e-commerce, Point of Sale, fashion and entertainment sectors. Essentially, this project integrates their reward engine into various systems to maximize reach.
Since their presence at the last FIFA World Cup, a critical aspect of Libra Incentix’s strategy is leveraging its alliances with major sports clubs, tapping into their extensive fan communities. This not only expands the utility of the token, but also fosters the adoption and usage of the loyalty platform. I believe the market is trending in a bullish direction, LIXX is a token that could see its value boosted by its global applicability and stellar partnerships. In other words, I think this is a project that will soon be fully realized and recognized.
Caspa (CAS-USD)
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As blockchain growth accelerates exponentially, crypto networks must keep pace with scalability so users don’t suffer. However, the famous “blockchain trilemma” forces a given project to sacrifice one of three pillars – either speed, security or decentralization. Or is it? By parallel block design, Kaspa (CASH USD) claims to overcome these limitations.
Specifically, by combining high throughput with robust proof-of-work security, Kaspa enables developers to launch high-volume decentralized applications without compromises. Its API-driven ethos also eases real-world business integration. And user experience innovations like human-readable addresses make onboarding easier.
In fact, expanding functionality across Web 3.0 verticals remains a priority for Kaspa’s development team. But from a core technology perspective, Kaspa’s production-ready infrastructure already provides a significant time-to-market edge. Therefore, as exponential blockchain adoption swells forward, I expect increasing demand from developers for Kaspa’s extraordinary capabilities and bandwidth.
But I must emphasize: I recommended buying KAS all the way back when it was at 2 cents. It is now a multi-billion dollar project that has increased over 500% since then. Can it still 10x from here? I think so, but it will probably take years. Additionally, there is some short-term risk in buying this token today since it has been so hot lately, which is why this sits at the back of this article.
About Low-Cap and Low-Volume Cryptocurrencies: InvestorPlace does not regularly publish commentary on cryptocurrencies that have a market capitalization of less than $100 million or trade with a volume of less than $100,000 per day. That’s because these “penny cryptos” are often the playground for scam artists and market manipulators. When we publish comments about a low-volume crypto that may be affected by our comment, we ask that InvestorPlace.com writers disclose this fact and warn readers of the risks.
Read More: How to Avoid Popular Crypto Scams
At the date of publication, Omor Ibne Ehsan did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines of InvestorPlace.com.
Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on LinkedIn.
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