Top 8 Altcoins Poised For 50x Profits After Listed on Top Exchanges

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Top 8 Altcoins Poised For 50x Profits After Listed on Top Exchanges
Author: Elena R

Mar 29, 2024 21:26
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Altseason
Renowned crypto analyst Xremlin, known as @0x_gremlin on social media, predicts that the upcoming altcoin season in 2024 could surpass the significant gains in 2021. He believes that major exchange listings, particularly on Tier-1 centralized exchanges like Binance and Coinbase, have the potential to boost altcoins to unprecedented heights, reaching Valhalla.

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These listings represent billions in retail liquidity, where the real magic happens. He revealed that in the 2021 bull market Polygon, Matic, and Solana saw a 300X jump just after being listed in Binance. He believes this magic can happen again and here are his picks that give a 50X return possibility.

Listings on Binance or Coinbase have an immediate impact on the token price.

The explanation is straightforward: Millions of CEX users gain access to trade the newly listed token.

This often results in a 3-10x increase (depending on MC) for the token instantaneously. pic.twitter.com/q5VRXCWNGs

— Xremlin (@0x_gremlin) March 28, 2024
Do You Know : Solana’s Meteoric Rise in Q1 2024: What’s Behind the Hype?

Excited Dive in.

Xremlin’s Top Picks for the Next Altcoin Season

NGL (ENTANGLE)

NGL is a must in your portfolio. Since it wants to change how data works with smart contracts on any blockchain. It’s worth $232 million and trades at $1.96.

ALPH (ALEPHIUM)

Next up on the list is Alephium which is among the few coins that aim to fix problems with dApps. It’s worth $203 million and trades at $2.75.

NORMIE

A new yet a market sensation, this memecoin is for everyone. It’s worth $120 million and trades at $0.1237.

CPOOL (CLEARPOOL)

Clearpool helps people trade real-world stuff on the blockchain. It’s worth $140 million and trades at $0.30.

BALLZ (WOLFWIFBALLZ)

A funny name, but it’s serious about making money. It’s worth $45 million and trades at $0.045.

IXS (IX SWAP)

This one makes it easy to trade real-world stuff safely. It’s worth $140 million and trades at $0.8425.

DEGEN

This one is for the true crypto fans. It’s worth $211 million and trades at $0.01696.

NMT (NETMIND)

Analyst rounds off the list with Netmind which mixes AI and blockchain. It’s worth $240 million and trades at $6.96.

What is your favorite pick in this altcoin season?

Also Read: Top Analyst Says 45 Days Away From Altcoin Season To Begin, Key Altcoin To Watch Out For

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Ethereum Co-Founder Vitalik Buterin Slams Meme Coin Craze, Says Overshadowing Other Projects
Author: Mustafa Mulla

Mar 29, 2024 19:02
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Vitalik Buterin Facing Prison
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Vitalik Buterin criticizes meme coin craze, says it shifting focus from meaningful crypto projects.

Buterin suggests creating coins for funding real-world causes like cancer research.

Backlash to Buterin's critique underscores transformative potential of responsible crypto initiatives.

Ethereum co-founder Vitalik Buterin is speaking out against the rising popularity of meme coins. His comments have sparked a big discussion in the cryptocurrency community, raising questions about the direction of the market and the underlying values driving investor enthusiasm.

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However, Buterin’s words are making everyone think about what might happen next with decentralized finance and cryptocurrencies.

Buterin Criticize Meme Coins
Buterin’s critique arises from the disproportionate attention and investment directed toward meme tokens such as DOGE, SHIB, and WIF. He points out that this focus often overshadows other crucial aspects of the crypto ecosystem.

What else could memecoins be?https://t.co/8ZVhwkVwLy

— vitalik.eth (@VitalikButerin) March 29, 2024
At the heart of Buterin’s concerns lies the original idea of using coins to fund public projects. The concept aimed to provide an alternative way of raising funds alongside traditional methods. Vitalik suggested creating coins like AntiCancerCoin for cancer research or ClimateCoin for environmental causes.

However, in today’s crypto world, meme coins dominate the scene. These coins are created as jokes or satire and often lack real-world utility. As a result, the focus has shifted from funding meaningful initiatives to speculative investments in meme-based assets.

Therefore, Buterin expresses regrets that resources aren’t being directed towards initiatives that could make a real difference in society.

Also Check Out The: Solana (SOL) Might Face Regulatory Turbulence After SEC Ruling

Back to the Basics
In response to Buterin’s critique, supporters of alternative approaches like charity coins and Robin Hood games highlight the transformative potential of cryptocurrencies in driving positive societal change.

They argue that by shifting the spotlight towards projects that prioritize transparency, accountability, and practical applications, the crypto community can steer towards a more responsible path.

However, challenges persist, including regulatory uncertainty and market volatility, casting a shadow over the broader aspirations of the cryptocurrency movement.

As people in the crypto world figure out how to deal with these challenges, Buterin’s critique is a reminder to go back to the basics of decentralized finance and digital assets. It encourages everyone to work together to tackle these problems while staying true to the values of innovation and making a positive difference in society.

Also Check Out: Ripple Payment Is Now Available On Uphold Platform For Institutional Investors

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