The crypto market caught some tailwinds in the past day as the bulls continue to make an entrance. This allows investors to profit from some of the top coins for 100x gains.
In this article, we’ll provide insight into assets that are set for significant price jumps in the future.
1. Lucky Block (LBLOCK)
Our first crypto on our list of the top coins for 100x gains is LBLOCK. The crypto asset is the primary token for Lucky Block – a blockchain gaming platform that allows players to enjoy access to different games.
Lucky Block focuses on optimising transparency in transactions and providing a fair playing field for players. The platform is open to all players. All they have to do is buy Lucky Block, and they’ll be able to enjoy access to the platform’s ecosystem of games.
Currently, LBLOCK trades at $0.0009145. The asset is up by 2.46% in the past 24 hours.
We believe that this is a good time to get on the LBLOCK train because of developments in the Lucky Block ecosystem. The platform’s developers are currently in the process of listing lBLOCK on centralised exchanges. LBLOCK’s V2 upgrade recently passed audits.
V2 token audit passed! ✅
That means that we’re getting closer to listings on centralized exchanges! 🤩
Let the #CountdownToCEXs begin! 🥳 @SolidProof_io #crypto #audit #CEX #listings #blockchain pic.twitter.com/TZJMPdNOdZ
— Lucky Block (@luckyblockcoin) June 23, 2022
Centralised exchange listings are sure to help LBLOCK as the asset will get better exposure to a broader pool of investors.
2. Axie Infinity (AXS)
Blockchain gaming remains one of the hottest parts of the industry. And when it comes to this sub-genre, not many platforms are as popular as Axie Infinity. The platform’s AXS token features among the top coins for 100x gains.
Axie Infinity is a gaming platform that blends non-fungible tokens (NFTs) with the metaverse. It allows players to breed digital pets known as Axies and battle them. When they win more battles, they receive other players’ Axies and AXS tokens as rewards.
With a current price of $14.73, AXS is up by 5.73% in the past 24 hours.
Investors looking to buy Axie Infinity Shards would be glad to know that the platform looks set for explosive growth again. After suffering a $612 million hack earlier this year, Axie’s Ronin bridge – which enables fund transfers between the Ethereum and Ronin blockchains – is back up. Sky Mavis, the game’s developers, has also released a plan to compensate hack victims.
3. Cardano (ADA)
Next on our list of top coins for 100x gains is ADA – the native token for the Cardano blockchain. The digital asset is one of the most popular in the market, and it has performed relatively well amid the market downturn. With the Cardano blockchain expecting a huge upgrade soon, this might be a good time to buy Cardano.
ADA currently trades at $0.45. The crypto asset is up by 2.48% in the past 24 hours.
We expect a big upgrade for the Cardano blockchain. This upgrade, named Vasil, will be the most significant since Cardano’s Alonzo hard fork that brought smart contracts to the chain last September.
👍Today we’re delighted to report we’ve successfully delivered a new Node release for #Vasil with the first release of our new CLI, inc. new #Plutus capabilities. Alongside we continue to address the remaining issues we’ve caught in our extensive ongoing testing program.
6/n 🧵— Input Output (@InputOutputHK) June 7, 2022
Vasil was expected to launch in June, but it got delayed. Cardano’s developers already launched it on their testnet, so Vasil is expected to launch later this month. Investors would want to keep ADA on their watchlist.
4. FTX Token (FTT)
FTX is one of the most notable names in the crypto market. It is currently the second-largest crypto exchange, trailing only Binance. The exchange’s FTT token has also grown to be one of the most valuable assets in the market.
At press time, FTT trades at $25.62. The asset is up by 5.92% in the past 24 hours, in line with the broader market.
We believe this might be a good time to buy FTX Token as FTX continues to expand. The company recently concluded an investment deal with embattled crypto lender BlockFi – a deal which includes an option for an outright purchase.
Yesterday we signed definitive agreements, subject to shareholder approval, with FTX US for:
1. A $400M revolving credit facility which is subordinate to all client funds, and
2. An option to acquire BlockFi at a variable price of up to $240M based on performance triggers.— Zac Prince (@BlockFiZac) July 1, 2022
FTX has also been making progress with its stock trading endeavors. The company’s American subsidiary acquired Embed Financial Technologies last month as part of its foray into stocks.
So far, FTX has proven to be one of the most stable companies in the crypto space. As the exchange continues to expand, the prospects for its asset, FTT, also look increasingly positive.
5. Solana (SOL)
Rounding out our list of the top coins for 100x gains is SOL – the native token for the Solana blockchain. Currently the 9th most valuable cryptocurrency, this large-cap coin continues to impress investors.
Trading at $35.06, SOL is up by 6.38% in the past 24 hours.
The prospects for SOL grew significantly after Solana Labs announced their foray into the mobile space. Last month, the company unveiled Solana Saga – a new Android device that allows users to enjoy easy access to the NFT and Web3 space. Among other things, the Saga will allow users to easily mint their NFTs.
Now that Solana is looking to challenge companies like Samsung, the crypto market will keep a keen eye on Solana. Its desire to make NFTs and Web3 more accessible is a major reason to buy Solana – as well as the coin’s status as a large-cap asset.
Read More:
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