Popular analyst Tom Busby from CryptoBusy shares with his subscribers 5 altcoins with huge potential for 10x return in this crypto bull run.
DeFi Yield Protocol (DYP)
DeFi Yield Protocol is a unique platform providing users with various profitable solutions such as Yield Farming, Staking, Buy Back, Earn Vault, Referral. According to the trader, the protocol employs an anti-manipulation feature that aims to limit the market impact on users’ converting rewards into ETH and other native platform tokens.
“Anti-manipulation aims to maintain stability, fair access to liquidity, and provide a secure and simplified DeFi platform for users of all sizes.”
At the time of the recording, DYP was trading at $0.9 with a market cap of only $15 million.
“While a 100x for most cryptos would be nearly impossible, a 100x would land DYP somewhere around the $1.5 billion market cap.”
Badger DAO (BADGER)
Badger DAO is an open-source, decentralized automated organization that is dedicated to building products and infrastructure of simplifying the use of Bitcoin (BTC) as collateral across many smart contract platforms.
The trader highlights that the platform is a shared space where the developers, known as Badge Builders.
“A developer can earn a percentage of the fees and BADGER tokens from the developer mining pool for every implementation.”
At the time of the video, BADGER was trading at $36.48 with a market cap of $375 million.
SuperRare (RARE)
Next on the list is SuperRare (RARE), a premier NFT platform, boasting almost $90M of digital art collected and $3M in artist royalties paid to date.
The crypto KOLs points out that SuperRare 2.0 is addressing 3 problems: Curation and gatekeeping by a single team are not conducive to a scaled art ecosystem; Artists deserve as much support as possible, but a single team can only do so much; The NFT art ecosystem is fragmented, and there is no good way to manage one’s whole collection.
At the time of the video, RARE was trading at $1.66 with a market cap of $169 million.
Zamio (ZAM)
Zamio is the project that is building a hybrid CeFi-DeFi financial ecosystem that bridges real capital to blockchain and accelerates the transition to the new decentralized economy.
After listing on PancakeSwap, the decentralized exchange, and Gate.io, the centralized platform, the value of the altcoin increased by 2300%, growing from $0.03 to $0.70 apiece.
“Experts are confident that in the next year, the value of the token can break price records by popularizing the company’s internal products. Today, Zam.io has developed the unique zMorgan protocol, which allows transferring stock capital into cryptocurrencies.”
At the time of the video, ZAM was trading at $0.25.
Smooth Love Potion (SLP)
Smooth Love Potion (SLP) tokens are earned by playing the Axie Infinity game. This digital asset serves as a replacement for experience points.
According to the analyst, SLP is ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies.
“The cost of breeding begins at 100 SLP but increases gradually, rising to 200 SLP for the second breed, 300 for the third, 500 for the fourth, 800 for the fifth and 1,300 for the sixth. Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP. This limit exists in order to prevent hyperinflation in the marketplace.”
It can take time to accrue SLP through the game, and a player may need to win 15 competitions in order to gain enough tokens to perform their first breed. Purchasing SLP on the open market is a way for gamers to get a headstart.
At the time of the video, ZAM was trading at $0.08 with a market cap of $150 million.