August 10, 2018 04:12:39
Nothing in this article is to be construed as investment advice. Neither the author nor the publication assumes any responsibility or liability for any investments, profits or losses you may incur as a result of this information.
Bitcoin is back under $6,500 and the global crypto market capital has dipped to the lowest levels we’ve seen since November 2017. To help you cope with all the doom and gloom here are five alt-coins from the top 100 that are way below their all-time highs and could generate massive gains if they returned to those figures.
1. Bitcoin Diamond (BCD) #42
Bitcoin Diamond is one of the more prominent projects on the market that hard forked from the original Bitcoin protocol and gained in popularity shortly after entering the market. Today the asset is currently priced at $1.48 and up 3.55% against the USD. On December 26, 2017, a month after BCD was released on to the trading market, the asset soared to an all-time high of $76.45. If you invested in BCD today and the asset returned to its all-time high price again, you would make a massive 5,065% gain.
2. Wax (WAX) #82
According to the official website, Wax is ‘a decentralized platform that enables anyone to operate a fully functioning virtual marketplace with zero investment in security, infrastructure, or payment processing’. On the market today, the native WAX token is currently valued at $0.091 and down -1.55% against the USD. On January 9, as the crypto market began to explode bullishly for a second time shortly after the late Christmas crash, WAX rocketed to its all-time high at $2.86 - a recovery to this price point would represent a 3,077% gain.
3. NXT (NXT) #91
NXT is a totally open source public blockchain that allows users to create their own marketplaces, applications and tokens. The NXT platform also boasts a number of ‘core-level features’ which includes a decentralised asset exchange and an asset marketplace. Right now NXT is one of the better performing altcoins in the market, currently up 9.35% against the USD. On December 23, 2017 NXT climbed to an all-time high of $2.16. This would be a 2,818% gain from its current price of $0.074.
4. Nano (XRB) #48
Formerly RaiBlocks, Nano is a zero-fee, instant digital payment system that recently made the headlines when XRB tokens were crowdfunded and sent over to aid citizens in Venezuela. Nano has been struggling to break free out of a long bearish decline that began in May earlier this year. Today it is up 3.80% against the USD and valued at $1.35. On January 2, 2018, just after New Year’s, Nano was catapulted to $37.62 when investment began to pour back into the crypto market. A return to this price would deliver a 2,686% return on today’s XRB price.
5. Dentacoin (DCN) #70
Dentacoin is an Ethereum-based blockchain solution that’s aiming to revolutionize the Dental industry. It leverages blockchain technology to store trusted reviews and ratings, as well as incorporate an incentivized reward program for its users. Dentacoin is up 5.30% against the USD today as the market begins to recover in tune with Bitcoin’s recent improving performance. The DCN token is a sub $0.01 token, currently valued at $0.00033. If Dentacoin could claw back ground and recover back to its all-time high price at $0.0082, it would mean a 2,406% gain.