Popular Analyst Expects '50x Rise' For These 3 Altcoins! - Coinleaks
Current Date:September 21, 2024

Popular Analyst Expects ’50x Rise’ For These 3 Altcoins!

The analyst said that he expects the next bull run for these 3 altcoins to be around the next BTC halving.

At least 50x bullish awaits for these 3 altcoins

Chaining (CHNG)

Chaine Finance is a cross-chain aggregated DEX. It is an all-in-one mobile wallet. This means that you are responsible for the private keys. In other words, you have control over your digital assets. The analyst has stated many times that cross-chain will be the future of blockchain. However, Chainge allows you to send, receive and exchange on 24 different chains.

This also includes non-EVM chains. But that’s not all, they offer more, for example: Margin Credit, Staking, Earn program, DEX options, Futures, Escrow services and DEX Aggregator.

Currently, their app has more than 100,000 downloads. CHNG tokens also have good utility. You can use it for governance and pay gas fee on all supported chains. The token is also deflationary which is usually a good sign. Chaine Finance buys back tokens using 25% of their profits and burns them regularly.

Their CEO has a strong DeFi and technology background. But not much information was found about the rest of the team. However, DJ Qian has extensive IBM experience and is the CEO of BITSE (who founded Vechain and Qtum). He is also CEO of the chain foundation FUSION and co-founder of Anyswap. You may know Anyswap better as another cross-chain protocol, Multichain. cryptocoin.comAccording to the data, the CHNG token price is $0.083134 and its market capitalization is $33.9 million.

Litentry (LIT)

Litentry is also a project that the analyst has been following for some time. The analyst says it is currently the strongest project in the DID (digital identity) space. When Web3 becomes widespread or CBDCs become widespread, you will need your DID. So, he explains it as simply as possible:

  • Litentry packages and repackages your data content.
  • However, they add cryptographic proofs and digital signatures. These come from the subject and messengers of the messages.
  • This creates a new data standard. In return, you get selective disclosure and maximum cross-chain options.
  • As a result, it builds trust between organizations.

That is, they are a true cross-chain identity aggregator. Litentry is part of the Polkadot ecosystem. They can boast some of the best tokenomics in this ecosystem. The 6 LIT tokens have many benefits, such as:

  • All fees on the chain are paid in LITs.
  • If you set up a third-party indexed identity database, you get LIT as a reward.
  • You can become an identity registrar by staking LIT.
  • It is used as collateral for lending and borrowing in DeFi.

The current price of the LIT token is $1.12 and its market cap is $44.4 million. Out of a total supply of 100 million tokens, 39.6 million are in circulation.

Parsiq (PRQ)

Parsiq with the abbreviation PRQ is already a 5-year project. During the 2021 bull run, this token did x60. The analyst states that he may do this again in the upcoming bull run. Parsiq is all about data. In fact, they provide personalized data. This can be historical or real-life data.

Another interesting point is that Sui follows Parsiq. For example, they don’t follow Chainlink or Graph. They operate in the same field. Parsiq also has interesting and solid job offers. For example:

  • From B2G business to government
  • B2B business to business
  • B2C business to consumer

Their tokens are also good, as almost 60% of their tokens are already in circulation. The current price of the PRQ token is $0.165114. Its market value is 30 million dollars. This token is listed on almost all major exchanges. However, interestingly enough, it is not yet listed on Binance. Another moment to look forward to, another positive price surge awaits if Binance makes this altcoin listing.