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Polkadot (POLKA) was released in 2016 to connect various chains with its unique interoperability blockchain mechanism. The ecosystem allows data exchange and transaction processing for other blockchain projects without a security breach.
In May 2020, Polkadot reached a significant price of $6.30
and the following year, it hit an all-time high of $55.11. So much has been expected of this crypto, but the price currently is at $6.19, according to Coinmarketcap. Investors are wondering if these once very profitable projects still hold significant value or if they should consider projects that currently dominate the crypto market – Tamadoge and Impt.io.
In this article, you'll learn the price analysis of Polkadot, its price prediction, and other cryptos with 10x gain potential. Let's get into it, shall we?
Below is a price prediction table of Polkadot from the end of 2022 to 2027
Year | Average Price |
2022 | $7.20928 |
2023 | $11.60884 |
2024 | $16.73833 |
2025 | $23.69763 |
2026 | $35.35646 |
2027 | $51.82482 |
2028 | $70.80292 |
As you can see from the table, the maximum predicted price for Polkadot during these six years is $70.8, but you'll have to wait for that long. With these coins, however, you'll get 10x profits in the nearest future as most of them just launched, and their prices are still low.
Here are six cryptos you can invest in for easy and fast 10x gains in the nearest future:
The Tamadoge metaverse (called Tamaverse) incorporates Play-to-Earn games where players buy virtual pets and train them into adulthood. They use the pets to battle other players and win rewards in TAMA tokens. The Tamadoge pets are NFTs you can mint, sell, and buy at the Tamadoge store. There are currently Ultra Rare NFTs with special features available that users can buy.
Tamadoge has been listed on several centralized and decentralized exchanges like OKX(Centralized), OKX(Decentralized), Uniswap, LBank, Bitmart, MEXC, Coinsbit, and BKEX exchange. It has also released its first Ultra Rare NFTs for the gaming franchise, with only 100 available for auction. You can get them at OpenSea; the auction lasts only seven days. The price of the TAMA token is currently $0.03463, according to Coinmarketcap.
Impt.io is one of the hottest crypto coins to enter the market space. It is a blockchain-based, web3, decentralized ecosystem that started presale on 3rd October 2022. The main objective of this exciting project is to help businesses and individuals neutralize their carbon footprints on the earth securely and efficiently.
The developers tokenize carbon credits into NFTs, which users can acquire using IMPT tokens. The NFTs are housed in a decentralized ledger that is traceable by anyone. That guarantees transparency and prevents fraud, as double counting cannot occur.
The presale of IMPT tokens is in three phases, and phase one is currently happening. Presale 1 offers 1 IMPT for $0.018 and has raised over $3.7 million as of this writing. 600,000,00 tokens are available during Presale 1, and it's scheduled to end on 25th November 2022 or when the tokens are sold out.
Presale 2 is set to begin when presale 1 sells out or on 1st December 2022. During Phase 2, 660,000,000 IMPT tokens will be available and sold at $0.023 per token. Presale 3 will have 540,000,000 tokens available at $0.02.
This exciting project features metaverse features and an enticing Play-to-Earn mechanism that CoinSniper has verified to be KYC-verified. Users within the Battle Infinity metaverse can make their unique avatars and use them to participate in the metaverse games.
There are six various platforms that gamers can interact with on the ecosystem. The most notable one is the IBAT Premier League. It provides users with a fantasy sports league built on blockchain technology and NFTs and is the first of its kind.
Gamers can also buy items to personalize their avatars, mint their artwork, and sell in the inbuilt NFT marketplace. Virtual plots of land are also available for sale, which users can advertise. The IBAT Battle Swap within the ecosystem features a DeFi exchange for swapping tokens.
IBAT is the native token for the ecosystem, and the total supply is 10 billion. IBAT is currently trading on exchanges like LBANK and PancakeSwap.
Another reasonably new cryptocurrency project that just launched is Lucky Block. It combines NFT dynamics with Play-to-Earn features to revolutionize the global casino niche.
With problems of lack of trust and transparency in the current system of running jackpots, Lucky Block aims to do away with the centralization of operations through web3.0 decentralized methods.
Lucky Block ensures that winners of jackpot draws are randomly selected and that users vote on platforms where transactions are visible by all – Binance Smart Chain (BSC) blockchain. Holding LBLOCK tokens and linking to the Lucky Block app also provides passive income rewards for users regularly.
This reward corresponds to 20 percent of every jackpot. The V2 Lucky Block token upgrade has provided more listings on crypto exchanges than the V1 token. The V2 token features Gate.io, MEXC, Uniswap, and LBank. Therefore, Lucky Block also deserves some attention.
Ethereum, one of the biggest crypto boys, needs no introduction, as everyone knows the odds it has defiled. Ethereum has been the most valuable cryptocurrency for a while, second only to the almighty Bitcoin.
Ethereum is the most widely used crypto for decentralized apps because of its ability to provide smart contracts. Smart contracts eliminate the transactional need for mediators. In short, the use cases for Ethereum are so massive that it is one of the most sought-after.
The recent Ethereum 2.0 release following the merge has likely made drastic reductions in gas fees possible. With the increased scalability, experts predict an increase in value for Ethereum. For this reason, you should consider investing in Ethereum.
The Avalanche project is a blockchain ecosystem with top-notch scalability features that allow it to go head-to-head with the top dogs in the crypto world. It uses three different chains instead of one blockchain, each serving a particular task.
This feature allows the Avalanche network to process up to 50,000 transactions in a second. With this unique scalability feature, the developers of decentralized app creators are attracted to this project as an alternative to Ethereum.
Ethereum is widely used for creating decentralized apps but has high gas fees. The transaction fees on Avalanche are much cheaper than the Ethereum Blockchain, so this project is considered very profitable. AVAX is Avalanche's native token, and investors use AVAX for staking and paying network fees.
Polkadot was a highly profitable coin, so much was expected of it when it had its all-time high of $55.11 in May 2021. However, investors fear putting funds into the project as the tokens are presently costly. You have learned about Tamadoge and Impt.io projects and how they dominate the crypto space. Invest now for 10x gains.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
