3 sites to find your next 100x token
PLUS: Bitcoin Hashrate has hit an all-time high of 747 EH/s
Hi Investor đ
welcome to another free edition of Altcoin Investing Picks.
I hope you enjoyed our last issue âBest Free Tools For Catching Narrativesâ
In today's newsletter:
đĄÂ 3 sites to find your next 100x token
đŁÂ VanEck has released its 2050 bitcoin price predictions
đ Bitcoin Hashrate has hit an all-time high of 747 EH/s
đĄ Insight
3 sites to find your next 100x token
Finding the next 100x token is every investor's dream, but letâs be realâdigging through the noise to find that gem can be hard.
But donât worry, weâve got your back.
In this issue, weâre going to share with you seven killer websites that can help you uncover those hidden crypto gems before they blow up.
Letâs dive in đ
1. Nansen Token Screener
Nansen is an all-in-one solution in the world of crypto analytics.
The âToken Screenerâ section shows the projects in which new wallets and âsmart moneyâ wallets are investing.
đĄ Pro Tip
The market cap is a great easy indicator of how high a token can go. Look for projects with less than $100M in market cap. Moreover, in the crypto industry it's well known that newer projects tend to perform better, therefore focus on projects that have been listed in the last 3-12 months.
2. Messari Screener
Messari is a market intelligence platform focused on the digital asset ecosystem.
The âScreenerâ section shows curated collections of digital assets.
đĄ Pro Tip
Crypto is a game of narratives. Find collections related to the hottest narratives and ecosystems.
You can find more about this topic here.
3. DappRadar Rankings
DappRadar is one of the most trusted source for exploring Web3 projects across 60+ blockchains.
The âRankings Sectionâ tracks different decentralized applications according to on-chain metrics, sorting these dapps based on Balance, Unique Active Wallets and Volume.
đĄ Pro Tip
Sort the projects by key metrics, like TVL, transactions and users.
You can find more about this topic here.
đŁ News
VanEck has released its 2050 bitcoin price predictions
VanEckâs key assumption for 2050 is that Bitcoin will become an essential part of the International Monetary System, gaining market share from the Principal Four currencies.
Here are their predictions:
Worst case - $130,314
Base case â $2,910,345
Best case â $52,386,207
đ Signal
Bitcoin Hashrate has hit an all-time high of 747 EH/s
The hashrate is measured in hashes per second (H/s), and it represents the number of complex mathematical calculations the Bitcoin network can perform every second. Miners compete to solve these calculations to add new blocks to the blockchain and earn rewards in the form of Bitcoin.
The higher the hashrate, the more difficult it is for any single miner or group of miners to manipulate the network, which enhances security.
A rising hashrate often signals confidence in Bitcoin's future. It suggests that miners are investing in more powerful hardware because they believe Bitcoin's price will go up.
For investors, this can be a positive sign, indicating that the market is healthy and growth is expected.
Take action đ
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Thatâs all for today!
Cheers