Today we take a look at 3 cryptocurrencies that have the potential to increase their value by 100x within the next few years. We are going to look at on-chain metrics as well as technical indicators to find out which digital assets can explode in the next few years.
The main factor that all 3 coins share is a working product and several use-cases. This is the most crucial fundamental indicator for the growth of a cryptocurrency project.
1. Tap Global
Tap Global is the leader in Mastercard prepaid cryptocurrency cards. The project was launched in 2017 by Arsen Torosian, a software developer and crypto broker. Tap Global has developed its own utility token called TAP, used to receive discounts and other types of rewards.
The current market capitalization of TAP is not that low at $45 million, however, there is room for more. The price of each token is $0.037, having an all-time high of $0.258 in January 2020. If TAP increases in value by 100x, each token would cost around $3.7 which would put the digital asset at approximately $5 billion market cap.
One of the main bullish factors for TAP is the real use-case behind the project. According to official statistics from the project, Tap currently has around 2,725 active users. 291 of those are KYC-approved users in the past 30 days. Furthermore, thanks to the current growth, the project will become profitable within the next 4-6 months.
2. Orion Protocol
Orion Protocol is not very popular, however, its mission is to provide cryptocurrency users with the liquidity from all centralized and decentralized exchanges in a single platform. What ORN is trying to accomplish is something no one else has done before.
It is run by Alexey Koloskov, the former blockchain developer and chief architect of the highly successful WAVES project. ORN had a private sale with a price of $0.1 per coin and managed to reach a peak price of $7 on several exchanges.
The current market capitalization of ORN is only $20 million, mostly because the mainnet is not ready yet. According to the roadmap and all the official information, the real product will be launched by the end of the year.
ShareToken was created by ShareRing and it’s ranked 147th by market capitalization. SHR has seen significant price growth in the past year jumping from $0.002 to a peak of $0.048 on August 1, 2020.
There are several use-cases for ShareRing. The app is an all-in-one travel platform that has more than 250,000 activities to book and 2.6 million accommodation options. Furthermore, the shop is a multi-merchant department platform great for providing easy delivery to customers within 5km of their shop.
The SHR token is used to pay for transaction fees and awarded to node-holders that support the consensus model. At a price of $2 per token, SHR would have a market capitalization of around $5 billion, which would put it in the top 5.
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Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.
Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future.
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