Altcoins
Crypto Analyst Predicts Top Altcoins to Rise 10x in 90 Days
In his latest YouTube video Titled “If I Had to 10X My Money in 90 Days, I’d Buy This Crypto Altcoin,” famed crypto analyst Miles Deutscher offered a refined perspective on altcoins that he believes are positioned for gains significant over the next 90 days. With the initial aim of highlighting altcoins capable of 20x returns by the end of the cycle, Deutscher adjusted its expectations based on realistic market analysis, highlighting those with potential to 10x increase.
Altcoins with 10x potential
Deutscher began its analysis by addressing the volatility and uncertainty inherent in crypto markets, particularly in the altcoin sector. “A 20X return is not easy,” he explained, detailing the need to venture deep into the risk curve and focus on altcoins with smaller market caps to achieve returns as students. “You will have to go for coins in the market cap region of $1 million to $200 million, maybe $500 million to $1 billion,” he added.
Recognizing the often unpredictable nature of the crypto market, Deutscher revised his approach: “So I’m actually going to reduce this question to 10x. I think 10x is much more realistic for many alts. I like the risk-reward on a 10x more than a 20x.
Deutscher highlighted several altcoins that he believes hold potential for substantial gains:
Dog Hat (WIF): Positioned as Prime Minister meme coin on the Solana blockchain, WIF was discussed with particular enthusiasm by the analyst. With a current market capitalization of approximately $3.7 billion, Deutscher anticipates a possible rise to $37 billion, supported by strong community support and favorable market conditions. He cited recent price movements and community engagement as indicators of an imminent rise: “WIF is starting to break above this level. [at around $3.60] on a daily basis, which is super optimistic.
Pepe (PEPE): Another coin, Pepe, was noted by Deutscher for its volatility and high-risk, high-reward nature. Even though he personally achieved a 70x return, Deutscher still sees great potential. However, he also advised viewers on the strategy of taking profits gradually, emphasizing the need to secure gains in a highly volatile environment.
Bonus (gaming sector): When it comes to the gaming niche, PRIME has been mentioned by crypto analysis as a promising candidate for a 10x increase, leveraging the growing popularity and investments pouring into blockchain-based games.
Fantom (Infrastructure) and AIOZ (DePin/AI): Fantom and AIOZ have been recognized for their technological innovations and potential market growth, with Deutscher forecasting 10x achievable gains due to their strong technological foundations and market positions. “Fantom (FTM) can 10x. AIOZ can 10x,” he said.
Crypto Risk Management
Importantly, Deutscher highlighted the differentiation of investment strategies based on coin type and market position. Although coins like Solana and Ondo Finance may not exhibit a 10x gain, their market leadership and stability offer lower but significant returns, which can be crucial for maintaining balance within a diversified portfolio .
“Solana and Ondo Finance (ONDO) 10x? Maybe not, but they are leaders in their respective industries. So you can get by with a 3, 4x there. Not everything needs to be a 10x. This is also what we need to understand. Some pieces in your portfolio serve a different purpose. You go with a bigger size, they’re safer. So you don’t take as much risk,” Deutscher explained.
He also discussed riskier companies such as Astroport, which, due to its lower market capitalization, presents a classic high-risk, high-reward scenario. “The lower the market cap, the easier it is to pump, because the less liquidity is required to impact the price,” Deutscher noted, highlighting the speculative nature of these altcoins.
At press time, WIF was trading at $3.46.
Featured image created with DALL·E, chart from TradingView.com