Crypto trader Ben Armstrong reveals his top seven altcoin picks that he says have the potential to make 20x profits this year.
In a recently released video, the trader known in the industry as BitBoy Crypto tells its 205,000 subscribers that the Basic Attention Token (BAT), the Ethereum-based crypto asset of the privacy-focused browser Brave, has significant growth potential.
“When it comes to utility programs, no project is used more than BAT. This is the token of the most widely used product in cryptocurrency, the Brave browser. Millions of users. Users pile up so quickly that they actually suspended their referral program. If you believe that product and benefit ultimately determine price and value, there is no better choice than BAT. ”
Sixth place is SAND, the utility token of the virtual game world The Sandbox. Armstrong points out that he added SAND to the list because of its fundamentals rather than the protocol’s roadmap or pricing analysis.
“I think the sandbox game is going to be the greatest thing ever in crypto games. This interactive land will bring the crypto community to life. ”
Taking fifth place is a protocol that aims to provide extremely fast transaction speeds to existing blockchains via Sharding: Elrond (EGLD).
“It’s as big as any project out there. The number of partnerships and connections Elrond is working on is enormous. If we just stick to EGLD’s all-time high, 20 times its all-time high, we’ll see Elrond from here.” 50x and give it a price of $ 427.80. “
Fourth place went to the cross-chain Data Oracle Platform Band Protocol (BAND). Armstrong points out that the sky is the limit for this project as it competes for market share in the decentralized oracle room.
“With a high of $ 17.67 and a current price of $ 7.14, the opportunity is obvious. If it were 20x the all-time high, we would see a price of almost $ 355 per token and a 50x which is really nice. But I’ll be honest with you here, BAND has an even higher cap. “
Landing in third place is a protocol that enables the transfer of data between different blockchains: Cosmos (ATOM).
“Cosmos is the bridge builder who brings all these many decentralized economies together. The extent of what it does is huge. And I feel like it’s not even close to its potential, which is a fireworks display for Cosmos and its ATOM coin in 2021. “
Armstrong notes that a 20x value of ATOM’s all-time high of $ 31.59 would bring the coin to $ 632.
Dash, short for digital cash, is in second place. The crypto trader expects the Bitcoin fork to get big this year.
“This digital payment solution with a private sending function is the fastest of all cryptocurrencies near the top, and any speed difference with smaller projects is negligible. It’s pretty instantaneous, which is why many countries like Venezuela, more than others, have chosen to use altcoins amidst the chaos. “
Armstrong said the coin is a solid candidate for 20 times its all-time high of $ 1,532, given its massive size and relatively small supply of 10 million.
The top priority is the VeChain (VET) supply chain management protocol.
“I think the benefits of VeChain are enormous. I expect supply chain tracking to be the most widely used niche in the blockchain in the next year. It’s going to be huge. When it comes to supply chain tracking, there is no project outfitted to be a dominant force like VeChain. “
Armstrong believes a 20x value from its all-time high of $ 0.026 is a conservative target, as it expects Vocational training to be worth $ 2.00 per coin.
Don’t Miss A Beat – Subscribe to send crypto email notifications straight to your inbox
Follow us on Twitter, Facebook and Telegram
Selected image: Shutterstock / Kunstofen