Best Cryptos to Invest $100 in January for a Potential $1000 Return

In 2024, the crypto market is experiencing significant growth, particularly with the introduction of Bitcoin ETFs that signal mainstream financial acceptance, boost trading volumes and increase the demand for Bitcoin and Ethereum. Both crypto giants become popular alternatives to traditional investments with substantial capital inflows pushing their value upward.

Amid this positive market trend, certain tokens such as ApeX Protocol (APEX), Sei (SEI), Xai (XAI), Sui (SUI) and Aptos (APT) are emerging as promising investments. These cryptos offer investors an opportunity to significantly increase their profits as they can potentially turn a $100 investment into $1000 in a relatively short period.

Ride The Wave Of Innovation With ScapesMania

As the ScapesMania presale nears its completion in February, the team is working hard to secure a quick listing on tier-1 exchange platforms. There is a good probability that the token’s value will increase exponentially after the listing.

The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters. Through DAO governance, backers will be able to influence and benefit from a multi-billion-dollar industry.

Moreover, the token’s utility is impressive. It’s not another meme coin whose success relies heavily on trends and hype. ScapesMania (MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. 

As the presale is wrapping up, you need to act fast and grab your discounted tokens now! The countdown is on – don’t let this chance pass you by.

Presale is Live Now – Join Now for a Chance to Benefit with MANIA

ScapesMania, a player in the $376 billion gaming industry, leverages the market’s growth potential. Post-exchange debut, holders can anticipate greater liquidity and easier trading.

The community’s excitement about the project is evident so far, with $4,400,000+ raised to date from crowd/retail contributions alone. Notably, the fundraising amount is growing by $50,000+ daily and the follower count has reached 60K+ and showcases a weekly growth of 12%.

The growing interest from crypto whales with checks of $20,000+ might expedite ScapesMania’s transition from niche to mainstream.

ScapesMania’s smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the award-winning team behind ScapesMania secured a prestigious grant from a prominent player in the blockchain industry.

Furthermore, ScapesMania is notable for putting its community front and center. Driving customer engagement and making sure that everyone benefits through great tokenomics and generous rewards is where ScapesManias stands out.

Make sure you don’t pass up the opportunity to get the early bird discount as the presale nears its end. Be quick if you want to get your hands on those lucrative tokens before they’re all gone.

Presale Ending Soon — Secure a Discount Now!

ApeX Protocol (APEX): Enhancing Ecosystem with Coin98 Wallet Integration

ApeX Protocol (APEX), a permissionless and non-custodial derivatives decentralized exchange (DEX), has recently enhanced its ecosystem through integration with Coin98 Wallet, a multi-chain wallet and DeFi gateway, set to improve the accessibility and security of the ApeX platform and users with a seamless onboarding experience. Already supporting ten wallets, the Coin98 Wallet integration adds another secure option for cross-chain deposits and withdrawals.

ApeX Protocol (APEX) is currently trading within a price range of $2.56 to $2.95. The 10-day Moving Average stands at $2.79 and the 100-Day Moving Average is at $2.74. Support levels are identified at $1.94 and $2.33, with resistance levels at $3.09 and $3.48.

The integration with Coin98 Walletwill probably attract more users to the protocol, potentially increasing demand for ApeX Protocol (APEX) tokens. However, in a competitive market, ApeX Protocol (APEX) should keep innovating to maintain its position. The current support and resistance levels suggest a bullish trend, but one needs to bear in mind market volatility.

Xai (XAI): Surging on Airdrop Excitement and BNB Listing

Xai (XAI) has experienced a significant surge in its price, attributed to a recent airdrop and listing on major exchanges, including BNB. The airdrop rewarded early Xai (XAI) NFT collectibles holders and validator node operators. Xai (XAI) operates on the decentralized blockchain designed to improve gaming experience and eliminate complexities related to crypto wallets.

Xai (XAI) is now fluctuating between $0.96 and $1.24. The 10-day Moving Average sits at $1.02, and the 100-day Moving Average is at $1.05. The support levels are at $0.52 and $0.80, while the resistance levels are at $1.38 and $1.67.

The airdrop and BNB listing have generated positive market sentiment for Xai (XAI) – its focus on the gaming sector and unique features could drive further growth. But Xai (XAI) still has to maintain its momentum in the highly competitive gaming-focused crypto sector. The support and resistance levels indicate growth potential, yet one has to stay alert on market fluctuations.

Sei (SEI): Bullish Trends and Strong Market Demand

Sei (SEI) has rallied significantly, with a bullish outlook on higher time frame charts. The demand for the token is really strong and market sentiment remains positive even despite short-term volatility.

Sei (SEI) is moving within a price range of $0.582 to $0.808. The 10-day Moving Average is positioned at $0.803, and the 100-Day Moving Average is noted at $0.73. Support levels are at $0.244 and $0.471, while resistance levels are emerging at $0.924 and $1.15.

Sei (SEI) has demonstrated a strong rally and bullish market structure, climbing towards $1 steadily. However, market participants’ eagerness could lead to a consolidation phase, potentially shaking out over-eager bulls. Investors should watch for dips to enter positions and exercise proper risk management.

Sui (SUI): Remarkable Growth in Total Value Locked (TVL)

Sui (SUI), a layer-1 (L1) blockchain, has reported a 2000% surge in Total Value Locked (TVL), reaching over $300 million, which propels the token to the forefront of the DeFi space. The Sui (SUI) ecosystem includes leading protocols such as Cetus, Navi Protocol, and Scallop Lend contributing to its TVL.

Sui (SUI) is hovering within a price range of $0.86 to $1.5. The 10-day Moving Average is found at $1.27 and the 100-day Moving Average is observed at $1.01. The support level is at $0.47, while resistance levels are looming at $1.75 and $2.39.

Sui (SUI) has seen significant TVL increase and an influx of new projects building on its blockchain. This indicates strong growth potential, however, as a new player, Sui (SUI) needs to maintain its momentum and compete with established blockchains. The current price levels are optimistic, but one should remain aware of the risks associated with emerging technologies.

Aptos (APT): Resilient in the Face of Market Fluctuations

Aptos (APT), a L1 Proof-of-Stake (PoS) blockchain, has demonstrated resilience against Bitcoin’s price fluctuations, showcasing its strength in the volatile conditions due to its unique features and recent developments.

Aptos (APT) is swinging within a price range of $7.21 to $11.27. The 10-day Moving Average is chilling at $9.3, and the 100-day Moving Average is marked at $7.71. Support levels are set at $0.97 and $5.03, with resistance levels materializing at $13.15 and $17.21.

Aptos’s (APT) commitment to mainstream adoption, scalability and solving real-world problems positions it as a promising player; however, the crypto market’s inherent volatility and competition from other L1 blockchains pose challenges. Aptos’s (APT) current price levels and market activity indicate potential for growth, but investors should remain cautious of market dynamics.

Conclusion

In 2024, the crypto market is ablaze with mainstream acceptance and the introduction of Bitcoin ETFs, causing both trading volumes and demand for Bitcoin and Ethereum to rise on par. Amidst this upward trend, specific cryptocurrencies like ApeX Protocol (APEX), Sei (SEI), Xai (XAI), Sui (SUI) and Aptos (APT) are emerging as standout investments, each with their unique features and market positions, offering substantial growth potential. For instance, ApeX Protocol (APEX)’s integration with Coin98 Wallet, Xai (XAI)’s airdrop excitement, Sei (SEI)’s bullish market trend, Sui (SUI)’s remarkable growth in TVL and Aptos (APT)’s resilience in market fluctuations highlight their distinct advantages while their potential for turning a modest investment into a significant return makes them attractive options for investors looking to capitalize on the current positive market momentum.

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Source: https://cryptodaily.co.uk/2024/01/best-cryptos-to-invest-100-in-january-for-a-potential-1000-return