This is an analysis of three potential project tokens that could experience significant price growth during the upcoming “Crypto Summer.” The author provides brief descriptions of each token, highlighting their unique features and growth potential, and then ranks them in order of their potential to experience a 100x increase in price.
Here are my picks, starting with number 3:
Number 3. Bloktopia (BLOK)
Bloktopia (BLOK) is a decentralized metaverse built on the Polygon blockchain. The project is led by an experienced team and has already traded as high as $0.17 during the peak of the crypto market in October 2021. With the upcoming launch of their DAO project and potential Tier 1 CEX listings after its recent launch on Arbitrum, Bloktopia has significant growth potential.
As of this writing, it is currently trading at $0.002, with the possibility of reaching its all-time highs again.
Number 2. Shping (SHPING)
Shping (SHPING) is a platform for smart shopper engagement that offers brand-to-customer loyalty reward programs. With an all-time high of $0.098, this token has the potential to surpass 100x growth if it returns to its previous highs. Currently trading at $0.004, Shping’s potential is vast, especially as more major companies embrace blockchain to establish their digital identities.
The project is in a prime position to facilitate the growth of this marketing sector, and this is definitely a must-watch project.
Number 1. Nytro Chain (NYTRO)
Nytro is regarded as one of the best-kept secrets in the crypto industry at present. Nytro Chain (NYTRO) is a unique token with a one-time mint and burn model that cannot be traded like other tokens. Part of its premium features include batch payments, scheduled payments, multi-sig wallets and blacklisting capabilities.
Nytro Chain is a layer 2 project that will be deployed on the Avalanche network in July 2023.
Although little is known at this stage about who is behind Nytro, it is believed to be a game changer for blockchain banking and cross-chain interoperability handling. With a rumored listing price of $0.05, Nytro’s scarcity model could lead to rapid price appreciation, potentially reaching $5.00 and beyond. A strong potential to be a top 50 token in coming years.