Crypto assets are volatile in nature. The recent dip has opened up opportunities for investors to amass profits as the best coins for 100x gains are trading at low prices. This article explores these crypto-assets and why investing in them is of great benefit.
1. Lucky Block (LBLOCK)
Lucky Block is a gaming platform committed to boosting transparency and fairness in the gaming sector. Finalists for prizes are chosen using a random system of selection through decentralised technology. This system promotes transparency and credibility on the platform. As a result, Lucky Block’s native token ranks as one of the best coins for 100x gains.
LBLOCK is known for high price movements, having turned over 2000% in profits to investors a few weeks after its debut in January 2022. The crypto asset has widened investment opportunities as it trades at $0.0025. This price peg presents an excellent opportunity for investors to profit as the crypto asset is on its way up to higher resistance prices.
Recent news indicates that Lucky Block is set to release its long-awaited web app on May 30, 2022. The web app will make it easier for new investors to purchase assets and track their assets.
Following the launch of the web app, users can buy tickets on that same day against the first jackpot and NFT draw on May 31st, 2022. Presently, investors can also buy LBLOCK conveniently using fiat currencies on the website. This enhancement is critical to LBLOCK’s market acceptance and scaling.
Lucky Block – Our Recommended Crypto of 2022
- New Crypto Games Platform
- Featured in Forbes, Nasdaq.com, Yahoo Finance
- Worldwide Competitions with Play to Earn Rewards
- LBLOCK Token Up 1000%+ From Presale
- Listed on Pancakeswap, LBank
- Free Tickets to Jackpot Prize Draws for Holders
- Passive Income Rewards
- 10,000 NFTs Minted in 2022 – Now on NFTLaunchpad.com
- $1 Million NFT Jackpot in May 2022
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
2. Cosmos (ATOM)
Cosmos is a proof of stake blockchain fixated on providing interoperability through modular developments. The blockchain has bridges that provide interaction with other blockchains, thereby reducing fees and transaction times. Cosmos’s ATOM is currently valued at $10.95, and investors can buy the digital asset as one of the best coins for 100x gains.
Following Cosmos’ developmental efforts, KYVE, a web3 data lake solution, has turned to Cosmos to launch scalable and streamlined layer one solutions. Cosmos has a Standard Development Kit (SDK) which provides web3 developers with a new, modular framework for easy blockchain development. Due to its flexible and secure frameworks, Cosmos SDK is the choice for KYVE.
Additionally, Cosmos SDK provides a non-EVM scalable solution to KYVE, making it easier to handle high-frequency transactions, more streamlined block times, and the KYVE network’s block space.
Moreover, the integration is set to expand the Cosmos application in web3 and cause more users and developers to seed the SDK for more building solutions. As they make use of the toolkit, the demand for ATOM will surge, thereby increasing the digital asset’s market cap.
3. Algorand (ALGO)
Algorand is a scalable blockchain that offers users fast transactions, low fees, and low environmental costs. The blockchain validates transactions in less than 4 seconds using a pure proof-of-stake (PPoS) consensus protocol that stimulates a near-finality transaction speed, leading to reduced energy input, and a carbon negative score. These distinguishing characteristics position Algorand’s ALGO as one of the best coins for 100x gains.
ALGO is currently trading at $0.40 and is attempting to establish support levels before setting sail on a much-anticipated bullish run.
LimeWire, which announced its Algorand-based marketplace in March, has signed major label Universal Music Group to its platform. The global agreement will allow Universal Music Group and its various imprint labels to release tokenised digital collectibles through the upcoming LimeWire marketplace.
Also, LimeWire will be rebooted as an NFT marketplace focused primarily on music-related assets, such as actual music or artist artwork and collectibles. As more musicians and artists onboard LimeWire, investor demand for ALGO will surge due to the fees applicable on the NFT platform. Consequently, this use case will lead to more adoption and a larger market value of the crypto asset.
4. Polkadot (DOT)
Polkadot is a blockchain with a unique infrastructure that facilitates interactions with several other blockchains in the Polkadot ecosystem. Essentially, these blockchains, called parachains, share Polkadot’s security and provide Polkadot with relevant features, transforming Polkadot into a massive decentralised hub for crypto operations. This feature places Polkadot’s native token, DOT, among the best coins for 100x gains in May 2022.
DOT is currently trading at $9.80, a significant discount in relation to Polkadot’s resistance price. The crypto asset is surging as crypto market mechanisms feed off substantial investment following the crash.
With the addition of Origin Trail as its 17th parachain, DOT is poised to make notable recoveries and break resistance. Essentially, Origin Trail makes real-world web3 assets available, valuable, and verifiable in Polkadot. Origin is expected to be onboarded at the start of Lease 8. The onboarding of Origin will result in the development of the Polkadot ecosystem and increased adoption of DOT.
5. Avalanche (AVAX)
Avalanche is a next-generation virtual blockchain that aims to provide the crypto ecosystem with full scalability. The blockchain is considered one of the most dexterous blockchains available. This consideration is due to Avalanche’s use of three blockchains rather than a single chain network. As a result, AVAX, Avalanche’s native token, is a high-demand asset and one of the best coins for 100x gains this year.
Following recent general crypto price movements, AVAX has been on a downtrend in an attempt to establish a new support price. However, in recent days, the crypto asset has launched a chart course change to begin trading favourably. AVAX is currently trading at $28.58 and rising, giving investors a good chance to invest and profit.
Furthermore, Avalanche’s performance is on the rise, due to proposed high-scaling node services and improved NFT APIs. The developers of Avalanche will gain access to improved developer tools relevant to enabling the ecosystem as a result of their partnership with BlockVision.
BlockVision offers a simple drag-and-drop interface that allows developers to quickly and easily build blockchain applications. Developers will have the information and resources they need to diagnose and improve their decentralised applications via the Monitor dashboard, API stats, Debug Console, and Mempool (dApps).
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Source: https://insidebitcoins.com/news/5-best-coins-for-100x-gains-may-2022-week-4