Top analyst unveils 4 altcoins with 25X potential in January 2022
High-profile trader Alex Becker shares with his subscribers 4 altcoins that are primed to explode 25X for the beginning of 2022.
First on the trader’s list is Ultra (UOS), a blockchain-based, PC game distribution platform designed to provide both gamers and game developers with new opportunities.
“Ultra has been built to extinguish the frontier between blockchain and mass market, between dApps and apps and between legacy virtual items and NFTs.”
Ultra has developed its own customized EOSIO blockchain which aims to provide free user account creation and higher transaction throughput through better resource allocation. Partnerships for Ultra include the semiconductor company AMD and the gaming publisher Ubisoft.
At the time of the recording, UOS was trading at $1.77 with a market cap of $500 million dollars. With the current fundamental and market hype around this coin, Becker believes UOS is still undervalued and will four forth its market cap to $2 billion.
Next on the list is Illuvium (ILV), an open-world fantasy battle game built on the Ethereum blockchain. According to the trader, its open beta will be launched soon in Q1 2022, by the time in which the market will see the boom in ILV price.
It is also highlighted that the game has recently raised $2 million in a strategic funding round to focus on its open-world role-playing game. The round was leed by investment firm Delphi Digital and Framework Ventures. Other participants in the round included decentralized finance founders from SushiSwap, Aave, 1inch Exchange and a number of others.
The next altcoin under Becker’s radar is Derace (DERC), a “complete NFT horse racing ecosystem” that wants to set a new standard for the betting and gaming industries.
As the crypto KOL says, Derace provides an opportunity to buy and breed NFT horses with unique characteristics, bet on real-time NFT horse races, and build your own NFT hippodrome to host races in and rake in profit.
At the time of the recording, Derace (DERC) was trading at $7.15 with a market cap of $200 million. The trader shares his optimism that Derace’s market cap will double to $500 million by January 2022.
Last on the list is MetaWars (WARS), multiplayer strategy game powered by a growing digital economy built on blockchain technology.
The trader points out that while being a young player in the field, The MetaWars has attracted 82,000+ community and strong array of partners after a smooth and exciting start to their journey to become the best intergalactic GameFi product on the market.
Moreover, the team is doing more prep work on the NFT front, meaning staking of NFTs could be enabled soon. Users will be able to stake NFTs plus WARS or GAM tokens to earn even greater rewards for the metaverse wars to come.