Categories: Analysis

3 Cryptos That Could Go to the Moon in the Next 90 Days

For investors looking for big short-term upside potential, these cryptocurrencies are worth keeping an eye on

Now could be the right time to look for cryptos that could go to the moon. The Bitcoin (BTC USD) The halving is now less than a month away. Bitcoin block mining rewards are expected to be halved in just 29 days. This reduces the new supply of Bitcoin entering the market. While this is unlikely to have an immediate impact on the price of Bitcoin, this token is expected to skyrocket significantly in the long term as a supply shortage comes to fruition. Bitcoin is already under heavy buying pressure from billions of dollars in ETFs.

Retail investors are also jumping in, but this current rally is largely driven by institutional dollars and whale buying (buying by large investors). As I write this, Bitcoin is down 11% from its recent peak, but corrections of this nature are normal during an uptrend and we will likely see more of them after the next rise. I believe Bitcoin’s peak this cycle could reach $100,000 or possibly much higher.

However, we could see some truly explosive, multi-pronged gains in the altcoin space. Altcoins can deliver exponentially higher returns compared to Bitcoin, but these tokens also carry much higher risk. However, if you have the courage to do so, investing in altcoins can be extremely profitable. I believe that these three altcoins in particular could become “moon-shaped” in the next 90 days.

So let’s take a closer look at the three cryptos that I think could go to the moon!

Stratos (STOS-USD)

Source: Shutterstock

The artificial intelligence crypto space has experienced a real boom in the last few weeks. As the AI ​​and machine learning hype spills over into this sector, many smaller projects appear to be well-positioned to benefit from this tailwind. Taking a few smaller stakes in these emerging AI-focused cryptos could pay off handsomely ahead of the next big surge in the overall crypto market.

One of these cryptos that caught my eye is Stratus (STOS USD). This newly launched decentralized data mesh platform for storage, databases and computing has already made significant progress recently. However, after its rapid rise, STOS has cooled down. Recently, this token seems to be consolidating near a decent accumulation zone.

As a reminder, Stratos is specifically designed to address the scaling challenges of blockchain networks while preserving the core benefits of decentralization such as security, traceability and privacy. The momentum of the project so far is impressive. Over the past month, Stratos’ price has doubled before giving back some of those gains. However, it is current The market capitalization is still early at $56 millionThis leaves plenty of room for growth as Stratos continues to attract more data center demand.

We have seen other decentralized data storage cryptos like Filecoin (FIL USD) And Storj (STORJ-USD) have been on the rise lately as the hype surrounding Web 3.0 explodes. Stratos could follow suit in the coming months as more investors take notice. The tailwind is definitely there given the massive growth in data center capacity required.

Cirus (CIRUS-USD)

Source: Shutterstock

circus (CIRUS USD) is an emerging multi-chain cryptocurrency project focused on Web 3.0 applications. With a tiny market capitalization hovers around just $2.5 million Currently, CIRUS offers significant upside potential as the project gains traction and its community grows.

Key features of Cirus include a multi-chain wallet and mechanisms that allow users to increase their “Cirus Score.” This gives them exclusive access Ecosystem apps from Web 3.0 Labs and a browser extension that allows users to earn crypto rewards just for browsing, which can then be converted into CIRUS and other coins.

In my opinion, smaller niche projects like this could attract a lot of interest once the altcoin season is back in full swing and the crypto hype reaches its peak. Speculative traders tend to flock to crypto earning opportunities at the height of bull markets. As an undiscovered microcap company in the space, Cirus could attract inflows from yield hunters during the next wave of hype.

I think the risk/reward ratio here looks quite compelling for opportunistic investors. The downside potential appears to be limited at current levels as the upside potential of this token is significant compared to its small market cap. If the volume increases, this is a project that could very well lead to success.

OpenFabric AI (OFN-USD)

Source: Shutterstock

OpenFabric AI (OFN-USD) is another small crypto project focused on artificial intelligence. It has already seen significant increases in the last few weeks. Along with the overall crypto market decline, OFN has cooled down a bit after rising quickly from the start. But with prices stabilizing at current levels, I think this token is currently another option trading in a solid accumulation zone.

OpenFabric describes itself as a decentralized Layer 1 blockchain protocol specializing in AI applications. The goal is to provide all users with affordable and easy access to powerful AI capabilities. Many developers are developing next-generation AI applications on its platform.

Despite the recent slowdown, OpenFabric is still up a whopping 70% in the last month. With his current Market capitalization of around $37 millionI believe OFN still has a lot of room to run if it continues to gain traction.

At the time of publication, Omor Ibne Ehsan did not hold, directly or indirectly, any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author and are subject to InvestorPlace.com’s publication policies.

Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor focused on growth and cyclical stocks with strong fundamentals, value and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can keep following him LinkedIn.

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