3 new cryptos that could turn $100 into $1 million

New cryptos can be one of the best ways to make a large amount of money with a modest capital. However, it can also be one of the best ways to lose your capital, as crypto startups are by no means safe investments.

However, I think it’s worth investing some change here as long as you know the risks and size exactly. Due to their small size, these cryptos could easily deliver multibagger returns overnight. In addition, I believe that the peak season due to interest rate cuts will probably occur within a year. It could be the spark that pushes these crypto startups much higher.

Here are three new cryptos to buy that should be on your watchlist.

Okratech Token (ORT-USD)

Okratech token (ORT-USD) is a Ecosystem of “multiple tools”. It has OrtJob and OrtWeb3. Personally, I’m more interested in the first one since it’s the only one of its kind I’ve come across. OrtJob basically comes with a decentralized version of Fiverr (NYSE:FVRR). If you’ve never heard of it, it’s a website where freelancers around the world sell their work. However, it can be difficult to sign up with Fiverr due to banking and legal restrictions, and there are also certain types of work that you cannot do there that a decentralized platform allows. In my opinion, OrtJob is a very good concept.

OrtWeb3 has over 150 tools for Web 2.0 and Web 3.0 web design. It also includes SEO and technical tools, and I think once Web 3.0 takes off, this OrtWeb3 segment could become very popular. I haven’t heard of any other projects in these niche segments, so Okratech has a solid lead.

This crypto currently has one Market cap of just $3.1 million at the moment and is not traded on a major exchange. I believe it has multibagger upside potential as there can be many exchanges once people learn more about the use cases here.

Mintlayer (ML-USD)

Mint layer (ML-USD) is another relatively new cryptocurrency that I’m bullish on. Along with many other AI and DeFi altcoins, it experienced explosive growth in early 2024. This growth has stalled and trends have reversed with ML in recent months 74% below its all-time high.

Still, I think this project still has significant potential from here. I expect the trends to change again as volumes have increased recently on many exchanges. This is thanks to meme coins that are becoming increasingly popular across many chains. What makes Mintlayer special is that it is a DeFi focused on Bitcoin (BTC USD). It has a Layer 2 solution that allows people to run smart contracts and dapps on the Bitcoin blockchain.

There are other projects doing the same thing, but Mintlayer is the only startup I’ve come across that focuses specifically on DeFi. As of this writing, the market capitalization is just $16 million. So I believe the stock can rise significantly as trading volumes increase.

Blue Kirby (KIRBY-USD)

I think I’m talking about the meme coin boom Blue Kirby (KIRBY USD) could do so in the coming months. This is a cryptocurrency that had a “soft carpet” earlier this year and is admittedly a very high-risk, high-reward bet. The token distribution has since improved significantly and the cryptocurrency has found a stable support level.

The main reason I’m optimistic is that it’s on the rise Fantom (FTM USD) Blockchain. This blockchain has been one of the most bullish in the recent bull market, and given the recent meme coin hype, I believe many investors in this particular ecosystem could start investing in Blue Kirby. Fantoms The market capitalization is $2 billion at the moment, and this cryptocurrency is actually one of the most traded cryptocurrencies SpookyFithe most popular decentralized exchange on Fantom.

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.