The cryptocurrency market is experiencing a surge, with new valuable coins being introduced regularly. Santiment reports that a group of alternative coins are continuously enhancing their ecosystem, positioning themselves for significant growth during this bullish period.
As per Santiment’s list, several prominent alternative coins are actively expanding their ecosystem to new horizons. These coins are undergoing substantial revitalization efforts to drive higher user engagement and profitability.
Considering the forward-looking nature of these tokens, here are the top three coin recommendations expected to achieve a growth of 70x-100x during this bullish season.
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Top Cryptocurrencies for Maximizing Profits (70x-100x) During This Bull Run
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Cryptocurrency #1: Optimism
Recognized as a major scaling solution for Ethereum, Optimism stands out as Ethereum’s primary layer two blockchain. Leveraging Ethereum’s secure mainnet, Optimism aims to enhance the scalability of ETH transactions and operations. The Optimism ecosystem is continually striving to accelerate its development, potentially leading to substantial profits for investors.
According to CoinCodex, Optimism is projected to surge by 363%, reaching $11 by 2024.
“Optimism is anticipated to trade between \(2.54 and \)11.98. If it achieves the upper price forecast, Optimism could soar by 363.70% to $11.98.”
Cryptocurrency #2: Kusama
Described as an experimental blockchain network by CoinMarketCap, Kusama offers extensive interoperability and scalable frameworks for developers. Drawing inspiration from the Polkadot blockchain, Kusama introduces innovative features that empower developers in their project endeavors.
“By choosing Kusama as their platform, agile projects can harness a highly scalable, interoperable sharded network with functionalities not yet accessible on Polkadot. As per CMC
These ambitious initiatives and developments could propel Kusama to new price levels. CoinCodex suggests that Kusama might surge by 148% to reach $76.94.
“Kusama is expected to fluctuate between \(30.70 and \)76.94. If it hits the upper price target, Kusama could experience a 148.03% increase to $76.94.”
Currently, Kusama is trading at $31.04.
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Cryptocurrency #3: Chainlink
The ChainLink network facilitates the connection of blockchains to external data feeds, events, and payment mechanisms by offering off-chain data integration.
According to CoinCodex, Chainlink, also known as LINK, is forecasted to surge by 259% and reach $55.60 by the conclusion of 2024.
“Chainlink is expected to trade in the range of \(15.43 to \)55.60. If it attains the upper price prediction, LINK could grow by 259.32% to $55.60.”
Currently, LINK is trading at $15.47, reflecting a 0.26% increase in the last 24 hours.