Crypto Gloom

Million Dollar Opportunity: 3 Tokens Chasing $BTC’s $47K Rally for a 10X Rise in the Coming Bull Market

Bitcoin ($BTC) price successfully crossed the critical barrier of $45,000 and is currently trading at $47,000. This leading digital currency experienced a surge of more than 10% last week. Analysts and industry experts see this $BTC upward trend as a preparatory step ahead of the halving event. With Bitcoin leading this movement, other significant cryptocurrencies across the market are also increasing, with the global cryptocurrency market cap reaching $1.76 trillion.

As seen in the last bull market of 2021, the cryptocurrency market has provided countless investors with the opportunity to create wealth and earn millions of dollars in profits on their investments. Please check if this is a one-time instance. If the steps are taken correctly, the upcoming rally, perhaps in 2024, will provide more such opportunities. But the clock is ticking, and as the next bull market gets closer, choosing the right assets for your portfolio becomes more difficult.

The classic advice “don’t put all your eggs in one basket” comes into play when choosing which cryptocurrency to invest in. You need to choose the right set of assets. Identifying ‘hidden gems’ is difficult, given that Bitcoin ($BTC) once hit an all-time high of $69,000, trading for pennies. Many of the major cryptocurrencies we see today have taken the same path, including XRP ($XRP), Cardano ($ADA), and Solana ($SOL).

These cryptocurrencies are today worth billions of dollars, bringing great wealth to their holders, but many modern tokens have disappeared. Investing early in a project comes with the risk of either receiving huge returns or losing everything. But if you do it right and recognize market trends correctly, you can easily navigate through the trash heap and reach the treasure.

Some sectors of the cryptocurrency industry have been gaining more attention over the past few months. There were discussions about utility, tokenization, scalability, etc. Projects within these sectors have the potential to outperform other sectors by leveraging current sentiment. For example, many prominent leaders have recognized the potential for tokenization of real-world assets (RWA). The tokenized asset space is expected to reach $16 trillion by 2023, proving that this trend has enormous growth potential.

Considering the ongoing conversation in the cryptocurrency space, the following tokens will likely lead the fundamental sector and thus translate it into 10x growth.

As the performance of blockchain technology improves, tokenization of tangible financial assets becomes possible. Tokenization, a popular trend in the cryptocurrency industry, gives Landshare an advantage over others.

Landshare ($LAND) specializes in tokenizing real estate assets, simplifying real estate investing across the U.S., and providing Annual Percentage Yield (APY). Following standard tokenization practices, Landshare RWA (LSRWA) tokens represent ownership of real estate assets on the blockchain.

Owners of these RWA tokens share ownership of a specific unit of asset. Each RWA token is directly tied 1:1 to a Landshare real estate unit. For example, owning 100,000 RWA tokens is equivalent to owning $100,000 worth of real estate.

The $LAND token is Landshare’s proprietary utility token that facilitates trading and exchange on the platform. Landshare has successfully sold three tokenized properties via blockchain, a feat that its competitors still have to achieve. Nonetheless, the market capitalization is still lower than its competitors, with the $LAND token having a market cap of $5 million, indicating that the project may be undervalued.

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The $LAND token is trading at $1.2 after a rather negligible 0.5% decline over the last 24 hours. However, the token showed resilience last year, surging nearly 100% year-on-year. With tokenization gaining traction not only in cryptocurrencies but also in traditional finance, the $LAND token leaves room for tremendous expansion. The token’s all-time high is $12. In the upcoming bull market, $LAND could grow 10x even if the token achieves its previous ATH.

Uniswap ($UNI)

Cryptocurrency exchanges are the backbone of the cryptocurrency industry, and amidst the turmoil seen on the largest cryptocurrency exchanges over the past few years, sentiment towards decentralized exchanges (DEXs) is more positive than ever. This represents an opportunity for DEX Uniswap.

Uniswap ($UNI) is a leading decentralized finance (DeFi) protocol that allows users to trade cryptocurrencies without traditional centralized exchanges. It operates on the Ethereum blockchain, using automated liquidity protocols to facilitate direct transactions between users. The core of Uniswap’s functionality is the use of liquidity pools. Here, users can contribute their assets to a collective pool and earn trading fees based on the amount of liquidity they provide.

Uniswap’s native utility token is $UNI. It performs several key functions within the ecosystem. $UNI holders have governance rights and can vote on key protocol decisions, such as upgrades and changes to how fees are distributed within the system.

$UNI can be staked in specific liquidity pools to earn rewards and is used to incentivize participation in the protocol. This makes $UNI not only a token with speculative value, but also an essential part of maintaining and managing the decentralized and community-driven nature of the Uniswap protocol.

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The $UNI token is trading at $6.2 after rising more than 3% in the last 24 hours. DEX native tokens have seen extensive consolidation throughout the recovery phase of the year, losing 8% of their value during that time. However, the upcoming cryptocurrency rally could be promising for the $UNI token given Uniswap’s leading position across the cryptocurrency ecosystem. The community believes that the token will represent an 800% growth beyond its previous high of $44.

Arbitrage ($ARB)

The burden on blockchain technology will increase from time to time as new use cases emerge. Scaling solutions are very useful for blockchains to avoid congestion and keep operations smooth and efficient. Scalability as a concept is gathering pace, and Arbitrum has the opportunity to keep up with the growth.

Arbitrum ($ARB) is a layer 2 scaling solution for Ethereum, designed to improve scalability and efficiency by processing transactions on the native Ethereum chain. Arbitrum allows for more efficient use of resources by processing off-chain transactions and then submitting them to Ethereum in batches, significantly reducing congestion and gas costs for users.

The $ARB token plays an important role in the Arbitrum ecosystem and provides several utilities. It is primarily used for governance and allows token holders to vote on key decisions and proposals affecting development and operational aspects of the Arbitrum network. This ensures a decentralized and community-driven approach to the future management of the network.

Tokens can also be used for staking and contribute to the security and integrity of the network by encouraging participants to act in the best interests of the ecosystem. $ARB also facilitates the payment of transaction fees within the Arbitrum network, providing a seamless and efficient mechanism for users to interact with decentralized applications (dApps) and services built on Arbitrum.

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Currently, the $ARB token is trading at $1.83 after surging 4% in the last 24 hours. The token suffered a harsh cryptocurrency winter and continued its downward trend during the recovery phase last year. With the next cryptocurrency rally just around the corner, the $ARB token is set to regain its deserved position as a leading contender in the scalability space.