The cryptocurrency market saw explosive growth in the past several years and investors have gained significant profits in the way. For instance, memecoins got famous for making millionaires out of investors who entered the market with far less than $100K.
Though memecoins is a risky way to reach the milestone, there are some altcoins with potential to make big gains in a comparatively less risky and safer way. The explosive growth in the cryptocurrency market, this dream might not be as far-fetched as it seems. You just need the right investment at the right time to yield astronomical returns.
Clearly no one can be sure of some cryptocurrency to provide 1,000% returns but the growth potential can be assured given the past price performance and future offerings. For instance, utility tokens are grabbing the attention as people now look at blockchain and crypto for their astonishing technology rather than mere money-making vehicles.
Crypto market saw a downturn in the wake of clarity that there will be only interest rates slash down this year, beating the expectations of three. The ongoing market correction brings an opportunity for investors to buy the dip. The following three altcoins poised to see a 10x jump in price given their performance and potential as they have seen in the past.
WorldCoin (WLD)
One of the artificial intelligence (AI) pioneers Sam Altman created, Worldcoin (WLD) quickly got into the limelight as soon as its launch. Although initially the project got traction, it soon fell into controversy due to privacy concerns. Still it is a crypto project designed to create a global digital identity and financial network system. It leverages innovative technology to offer unique benefits and address key challenges in the digital economy.
Worldcoin provides a unique digital identity (World ID) through its biometric verification system. Users can prove their identity while remaining pseudonymous, promoting privacy and security. The hardware device used in the project, the Orr, uses iris scanning tech to create unique biometric IDs. It ensures each user is a real and unique person.
Worldcoin focuses on providing universal access to financial services, even for those without traditional banking. This could be transformative in regions with limited banking infrastructure. Built on advanced blockchain tech, Worldcoin ensures secure, scalable and efficient transactions, addressing common issues in the crypto space. The focus of the project is on scalability and security positions it well for widespread adoption.
Worldcoin’s growth prospects are bolstered by its technological innovations and unique value proposition. As more people adopt World ID and utilize the Orb device, the demand for WLD tokens is likely to increase.
Additionally, by providing financial services to underserved populations, Worldcoin can drive broader adoption and utility of its native token. Strategic partnerships and continuous technological enhancements further position Worldcoin for significant future growth, benefiting WLD token holders.
WLD token price soared in value after Sam Altman’s OpenAI reported to complete a deal worth $80 Billion. This pumped up the optimism in the WorldCoin native token that rose more than 32% last week. Currently WLD token is trading at $1.53 following a slight 6% up today.
Landshare (LAND)
RWA narrative is taking the crypto space by storm, and the tokens native to the sector are setting new precedents for price surges. Landshare native token LAND has shown notable price performance in the past few months, given the heightened popularity of RWA and BlackRock’s entry into tokenization space-like instances.
Landshare is a leading project in the tokenized real estate sector that leverages blockchain technology. Tokenizing real estate properties allows users to directly invest in real estate, circumventing traditional hurdles such as higher initial costs, lack of liquidity, and hassle of legal proceedings and paperwork.
The tokenized real estate platform has been heralding a significant advancement in the sector. Offering fractional ownership of properties, Landshare has captivated investors eager to tap into real estate, which is one of the most lucrative sectors due to its returns.
Landshare has demonstrated the practical implementation of tokenization in real estate by successfully selling four tokenized properties on the Binance Smart Chain (BSC). This highlights Landshare’s strong operational capabilities and readiness for wider market acceptance.
LAND is Landshare’s native token, which acts as a utility token on the platform, helping with transactions and other operations. The token has seen considerable growth due to increased global interest in the Real World Asset (RWA) sector, spurred by BlackRock’s interest in tokenization.
After an impressive 45% surge from $1.2 to $1.8, the LAND token slid to the current trading price of $1.5. The token maintains a 23% increase overall in the monthly time frame. In Q1 of 2024, the token saw a jump of nearly 500% in trading price from $1.3 to $7.2, making a yearly high. Consequently, investors holding the LAND token realized significant returns from this rise, underscoring the token’s strong potential as the RWA sector evolves.
JasmyCoin (JASMY)
JasmyCoin (JASMY) is a blockchain project focused on data democratization and IoT (Internet of Things) solutions. It aims to create a decentralized platform where users can securely and efficiently manage and monetize their personal data. Jasmy’s platform leverages blockchain technology to provide data ownership and control back to individuals, ensuring data privacy and security.
The key features of JasmyCoin include a data marketplace where users can sell their data to interested parties, secure data storage, and data analysis tools for businesses. Additionally, Jasmy integrates IoT devices to facilitate seamless data collection and management.
JasmyCoin provides enhanced data privacy, user empowerment through data ownership, and new revenue streams for users who choose to monetize their data. For businesses, the platform offers valuable data insights while maintaining user trust through transparent data practices.
As the platform gains traction and more users and businesses adopt it, the demand for JASMY tokens, which are used for transactions and services within the ecosystem, is likely to increase. This rising demand can lead to a price increase for the token, driven by the platform’s growing user base, increased data transactions, and the overall success of the project in addressing data privacy concerns.
JASMY token is in the highlight in the past few months. In the wake of recent recovery, the token has surged up to 23% in the last week and is currently trading at $0.021. With the price soaring, the token maintained the gap created due to price drop.
