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Cryptocurrency analyst names tokens that could grow 10 times in the near future

11:04 am, October 4, 2023

Trader and crypto analyst Jackis said that the crypto market is approaching a recovery after the depression phase, so the tokens of large ecosystems will grow 10 times. The expert highlighted such tokens as Avalanche (Avax), Solana (SOL), Polkadot (DOT), and Arbitrum (ARB).

As for the Avalanche cryptocurrency, at the time of writing, it is trading at $ 9.38. Over the past 24 hours, AVAX has dropped by 3.3%, in a week — by 4.3%, and in a month — by 5.3%. Currently, the digital asset is ranked 24th among the best, with a market capitalization of $ 3 billion.

Solana is approaching an important milestone at $ 25.50, from where the digital asset can head to a yearly high of $ 36. Anatoliy Yakovenko’s digital asset grew by 13.6% on Monday to reach $ 24.27. At the time of writing, on Wednesday, the token has dropped in value by 3.2% and is trading at $ 23.01. Traders have executed $ 737 million worth of transactions with SOL over the past 24 hours. Over the past 7 days, the token has risen by 21.5%, over 14 days — by 15.4%, and over a month — by 16.8%. However, Solana is still trading at 90% less than its all-time high.

Polkadot is currently trading at $ 4.14, down 2.2% overnight. The token gained 2.7% over the week and fell 3.5% over the month. ChatGPT, an artificial intelligence-based chatbot, based on historical data and current events in the crypto market, has provided a forecast of the DOT’s value. According to the AI, DOT may reach $ 150 by the end of 2023 and $ 250 by the end of 2024.

The Arbitrum cryptocurrency also showed a drop over the past 24 hours, falling by 5.3%. At the time of writing, ARB is trading at $ 0.92. The weekly figures are positive — the token has managed to rise by 12.9%, 9.3% in 14 days, and 3.5% in a month.

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BTC

$75,848.45

2.15%

ETH

$2,827.53

7.78%

BNB

$596.80

2.34%

XRP

$0.55

3.41%

SOL

$191.87

3.21%

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