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News

Top Four Altcoins With 100X Potential to Stack Right Now

Anjali Belgaumkar8 Jun 20242 min read

Cryptocurrency analyst Altcoin Buzz took to his recent video and discussed the phenomenon known as the “moon effect” in Binance listings. Explaining the term, he gave examples, saying Rocket Pool surged 433% and Pepe surged 1,345% following their listings on Binance. A Binance listing signals to the market that a project is performing exceptionally well and will likely attract more investor attention. The analyst then gave a list of ‘which coins might be listed next on Binance.’

Centrifuge (CFG)

The first project discussed is Centrifuge (CFG). For Binance to list a token, the project must have solid fundamentals, which Centrifuge certainly does. This project integrates real-world assets into decentralized finance (DeFi), offering on-chain debt facilities and capital structures management. Centrifuge is among the first protocols to bring RWAs on-chain, enabling businesses to use crypto to finance assets like invoices, real estate loans, and more.

Centrifuge offers several benefits: it provides access to DeFi liquidity without relying on volatile cryptocurrencies and eliminates the need for intermediaries like banks. This allows borrowers to finance their real assets directly, offering a level of security in the crypto world. The price of Centrifuge’s token (CFG) is 69.1 cents, with a market cap of $341 million.

Three Protocol

The analyst said that, at number two, there is Three Protocol. If you’ve been following trends, you’ll know that artificial intelligence (AI) is a major focus in this bull run, shaping the direction of projects, capital influx, and investor behavior. THREE Protocol stands out for several reasons.

Their goal is to make e-commerce accessible to the unbanked and crypto enthusiasts. Three Protocol has already launched its first product, Jobs 3, a decentralized jobs marketplace similar to Upwork or Fiverr but on the blockchain.

Polytrade Finance

Next up is Polytrade Finance (TRADE), one of the altcoins he has been closely monitoring. In the real-world assets (RWA) sector, Polytrade is making strides. It’s a marketplace focusing on diversification, offering around 20 different asset categories, including real estate, equity, tokenized versions of metals, commodities, and even collectibles. With a current market cap of $39.2 million, there is room for growth, potentially even doubling or more.

OriginTrail

Last but not least, his final project is another top AI initiative: OriginTrail (TRAC). This well-established project focuses on supply chain solutions and data integrity. OriginTrail has potential for being listed on Binance, as they are already listed on major exchanges like Coinbase, BitG, KuCoin, and others.

Also Read: Andrew Tate’s $1M Solana Meme Coin Purchase Sparks Social Media Frenzy

#Altcoins
Anjali Belgaumkar
Anjali Belgaumkar

Author

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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