The post Here’s How Much $1k Invested in These Altcoins Could Be Worth appeared first on Coinpedia Fintech News
Wolf Of Altcoins, a prominent figure in the crypto world, shared some big predictions about how much money people can make with certain types of digital currencies.
The tweet suggests that while some altcoins are not that well known if you invest $1,000, you can make a lot of money, especially at this time when the crypto market is doing well. However, Wolf Of Altcoins has categorized this list of altcoins based on Large, Mid, Small, and Micro cap coins.
Here’s how much $1k invested in these #altcoins could be worth at the top of this #crypto bullrun:
Large caps:$BTC – $2k$ETH – $2.5k$SOL – $3k$ADA – $5k$XRP – $2.5k$AVAX – $4k$BNB – $2.5k$DOT – $4k$LINK – $5k$MATIC – $4.5k$NEAR – $6k$UNI – $4k$APT – $7k
Mid…
— Wolf Of Altcoins (@wolfaltcoin) March 25, 2024
Large Caps
The key players in this segment are Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA) Avalanche (AVAX), and many others. The tweet suggests profits of $2,000 to $7,000 could be made for these top players.
Perhaps, this coin is already well known, but there is still an opportunity to make some money.
Mid Caps
Investors have been holding mid-cap altcoins such as Cosmos (ATOM), Hedera Hashgraph (HBAR), Aave (AAVE), Mina Protocol (MINA), etc. Experts predict that with a $1k investment in this fund, you could earn between $3,000 and $12,000.
This means that even well-known currencies like Bitcoin or Ethereum have the potential to generate significant returns.
Small Caps
Further, the tweet delves into the potential returns of small-cap altcoins like Oasis Network (ROSE), Wootrade (WOO), Celo (CELO), Bounce Finance (BOT), etc. It says that if you invest in these funds you earn from $8,000 to $25,000.
This means that while these funds are not as big as others, they still have the opportunity to grow a lot and generate good returns for investors.
Micro Caps
Lastly, the tweet also highlights the possible return of Veil (VEIL), Morpheus (MOROS), Gambit (GAMBIT), and other micro-cap altcoins. These mean they can earn anywhere from $50,000 to $80,000 each, showing the high-risk, high-reward investment in emerging industries.
While the idea of making a quick buck is appealing, it’s important to be careful when it comes to crypto investments. The crypto market can be unpredictable, so it is important to do some research and think carefully before investing.
