which-crypto-currency-has-x100-return-potential-this-year

Which crypto currency has X100 return potential this year?

3 minutes, 47 seconds Read

The crypto-currency market has gained 7% in the past 24 hours, with its total capitalization reaching $1.124 trillion. This performance comes amidst the banking crisis, which appears to be increasing investor demand for Bitcoin and other tokens.

While the market as a whole is up, some crypto-currencies performed better than others today, and others promise to post above-average gains throughout the year.

This article looks at these tokens and the crypto-currencies likely to explode onto the market in 2023 and beyond.

Love Hate Inu (LHINU)

Love Hate Inu is a new vote-to-earn platform that launched its pre-sale last week and has already raised over $500,000.

Love Hate Inu, scheduled to launch in the second half of the year, will allow users to participate in a series of polls and surveys and receive token rewards.

Love Hate Inu has mixed the appeal of Twitter-like polls with that of meme tokens, hoping to leverage both to launch a popular and successful platform.

Judging by the speed with which its pre-sale raised half a million dollars, it looks like the platform could really take off once it launches.

Its presale will take place in eight stages in total, with the final stage selling the native LHINU token for $0.000145. This represents a 70.6% increase over the first stage price.

However, once the token is listed on the exchange platforms, it could see even larger price increases, as happened with a number of pre-sales last year.

See also  The 9 best Crypto affiliate programs in 2023

Discover Love Hate Inu now

Earth Moon Classic (LUNC)

LUNC has risen 4% today, reaching $0.00013278 in the last 24 hours.

Source: TradingView

Despite today’s rise, LUNC is still down 9% over the past week and 21% over the past 30 days. Altcoin is also down 9% year-to-date.

However, these declines put LUNC in an ideal position for significant gains in the not-too-distant future. Indeed, the Terra Luna Classic community has rallied behind an accepted proposal to re-peg sister stablecoin USTC to $1.

This re-peg plan would likely involve the large-scale burning of LUNC, which would help reduce its supply to the point of allowing a massive increase in its price.

Thus, once this plan is implemented, LUNC could effectively see a 10-fold or greater increase in earnings by the end of 2023.

Buy LUNC now

Dash 2 Trade (D2T)

D2T is up 0.5% in the past 24 hours, with its price of $0.03431861 also marking a massive 185% increase over the past 30 days.

which-crypto-currency-has-x100-return-potential-this-year
Source: TradingView

At just under 50, D2T’s relative strength index (purple) is in a position where the crypto could easily see more gains in the coming days and weeks.

Indeed, there are many reasons to be optimistic about D2T, which is the native token of the Dash 2 Trade intelligence platform.

Launched in beta earlier this year, Dash 2 Trade offers traders a full range of investment tools, from buy-sell signals to blockchain data to social metrics.

D2T is used to pay for monthly subscriptions to the Dash 2 Trade platform, giving it a strong use case that will increase in price as Dash 2 Trade becomes more popular.

See also  How does Bitcoin work?

Discover Dash 2 Trade now

Dogecoin (DOGE)

At $0.072637, DOGE is up 5% in the past 24 hours, although the same token is down 3% in the past week and 12% in the past 30 days.

which-crypto-currency-has-x100-return-potential-this-year
Source: TradingView

DOGE’s indicators point to further gains in the days ahead, while its fundamentals suggest it could rally significantly later in the year.

In other words, Twitter is still expected to introduce DOGE-based payments or bonuses at some point in the not too distant future.

Given that Twitter owner Elon Musk remains a strong supporter of DOGE, there’s a good chance this will happen, though it’s not guaranteed.

And if so, there is little doubt that DOGE will explode.

Buy DOGE now

C+Charge (CCHG)

C+Charge (CCHG) is a peer-to-peer payment network for electric vehicle (EV) charging stations, whose pre-sale raised over $2.8 million.

Its launch is planned for later this year. It will use the blockchain to democratize access to carbon credits, which will be delivered to users in the form of non-fungible tokens.

C+Charge will allow drivers to use the CCHG to pay for charging their electric vehicle.

At the same time, the NFT-based offsets they will receive as rewards can be sold and traded, encouraging people to opt for electric cars.

C+Charge also recently started burning unsold CCHG tokens at each stage of its presale, meaning that its fixed supply of 1 billion is already dwindling.

Ultimately, this could make the token deflationary, while the demand for CCHG to pay for EV charging could lead to substantial gains for the crypto later in the year.

See also  7 tips to follow to get into cryptocurrencies in 2023

Discover C+Charge now

Similar Posts