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Cryptocurrency experts named 5 tokens that are expected to grow explosively
Editor’s note: not financial advice!
Ash Crypto, a popular online trader and blogger, asked his followers to name altcoins that could grow significantly in the near future. Members of the crypto community highlighted the tokens they expect to grow in value.
WHICH ALTCOIN CAN PULL THIS NEXT? pic.twitter.com/LeJ3HUjTTc
— Ash Crypto (@Ashcryptoreal) November 6, 2023
Virtua (TVK) is a cryptocurrency of the gamified metaverse. The project, which was launched in 2017, has managed to conclude several major partnerships. For example, the platform cooperates with Legendary Entertainment and Paramount Pictures. TVK cryptocurrency was launched in December 2021. The coin is currently trading 97% below its peak.
DORK (DORK) — the developers position the token as a way to «hack the system» and make money on investments in memecoins. At the time of writing, the cryptocurrency is trading 75% below its peak, however, users expect rapid growth.
Kaspa (KAS) is a Proof-of-Work (PoW) cryptocurrency with an unusual block formation structure. The developers promise users security while maintaining high network speed. At the time of writing, the token is trading 61% cheaper than its previous high.
XRP (XRP) is a token of the Ripple crypto project, which has been fighting with the US Securities and Exchange Commission (SEC) for several years. The catalyst for the growth of XRP has recently been two positive events — Ripple’s management has received official permits to operate and distribute its services in Georgia and the UAE.
Avalanche (AVAX) is a cryptocurrency project whose creators want to form a single global financial market and solve the problem of the fragmentation of the digital asset industry. The fall of 2023 was not the best time for AVAX. Amid the hacking of the social media platform on the Avalanche blockchain, Stars Arena, the coin went into a slump at the end of September. Currently, the cryptocurrency is trading 91% below its absolute maximum, but investors are positive.
Earlier, experts identified digital assets that could continue to fall and update their lows in November. The list includes: Maker (MKR), TomoChain (TOMO), and Apecoin (APE). The analysts also named altcoins that have a good chance of reaching historical highs this month.