HomeInnovationsAltcoins Set for 1000% Returns in 2021 Innovations Altcoins Set for 1000% Returns in 2021 According to Crypto trader and influencer Elliot Wainman when he briefed his 218,000 subscribers on YouTube describing some categories of Altcoins that have the strength to rally 1000% profits. He told his subscribers that he hopes to be bullish on Defi that he trusts the total value locked (TVL) in the emerging sector will surge from $28.6Billion to $100Billion. The crypto expert said he believes that small-cap Defi coins shall benefit from the prosperity of TVL including decentralized stablecoins exchange Snowswap (SNOW), liquidity tool Unistake, decentralized exchange PancakeSwap( SWAP),and yielding farming protocol Bao Finance(Bao). The additional coin on his coinbasket is Bridge Mutual (BMI), a protocol that offers security against smart contract failure, crypto exchange attacks, and stable crashes. OptionRoom (ROOM), which is an oracle and prediction markets protocol, built on Polkadot (DOT). He further said,” You have Oracle, you have prediction market, you have Polkadot all in one. It’s a lot of sauce and it’s coming out with a very small market cap…. You can see that their fully diluted market cap, their starting with this $5Million. That’s FDV. That’s not the circulating market cap. That’s not all their tokens and the entire value of it.” He clearly stated that Ethereum has a strong advantage regardless of is all new time high as fundamentals of the second largest crypto assets continues to show great promise. His confidence on Ethereum could not be hidden, he gladly stated that,” Ethereum with all that’s going on, with the NFTs (non-fungible tokens), Defi (Decentralized Finance), it’s just really hard to argue this is anything other than undervalued, especially as they figure out how to scale it a little more. To me, ETH is just this amazing gravy train and tip of the spear for all the altcoins.” According to crypto experts and leading analysts, crypto assets that are inspired by artificial intelligence, cloud computing and data security are going to have real bullish run. These three promising crypto assets are going to take the industry by storm, Singularity Net (AGI), Filecom (FIL), Vidt Data (VIDT). AGI crypto is among the smaller names in the altcoin industry, but it has big potential. Artificial Intelligence (AI) has been the subject of much interest and investment opportunities. For the current year SingularityNet (AGI) is the world’s first decentralized network. Presently at 5cents with a circulating market supply of 950 million coins, its market capitalization is $4.750Billion. Filecom (FIL) is a cloud computing crypto asset. The cloud computing is already big and growing at a healthy pace. The market is controlled by few players like Amazon, Microsoft, Alphabet and Alibaba. These names are part of the network of centralized network of cloud service providers. Because of the big players in cloud computing, fewer than four weeks after its launch, the Filecoin network is celebrating a major milestone. As of today, the global community of Filecoin miners has dedicated 1 exbibyte of decentralized storage capacity to the Filecoin network. Vidt Datalink (VIDT) is crypto asset that protects digital data of organization against fraud and manipulations. The unique feature of the company’s application is that VIDT’s main blockchain component is compatible with any existing without impacting any of the workflows. This is the year of Bitcoin and Altcoin principal in these bullish altcoin ecosystems is Ethereum (ETH), which has a market capitalization of $173.36Billion. This is an increase of 10.15% from previous day and 733.9% from a year ago. Litecoin (LTC) market capitalization is $10.315Billion and is market circulation is 66.41million. Cardano (ADA) current market price is $0.4262 with market capitalization of $13.2Billion. The total market supply of Cardano (ADA) is 31.3Biliion and it is ranked 6th in the cryptocurrency market. If all these predictions are anything to observe Ethereum (ETH) has shown the industry and the market that it is possible that altcoins could surge to 1000% in value in a year and years to come. Support PisonTechAfrica.com For inspiring tech content and articles, PisonTechAfrica.com is the platform to go. Great content takes a lot of resources; we are poised to motivate young start-ups and give them leverage with our platform. It is a platform for inspiring tech entrepreneurs to display their talents. Africa is the next big thing for technology. PisonTechAfrica.com is the tech media platform committed to positioning Africa in the Fourth Industrial Revolution. Donate Oluwagbenga Oyebanji Share This Previous ArticleSAMSUNG GALAXY S21 ULTRA 5G. Next ArticleSmart Phones Boosting E-commerce in Africa February 4, 2021
