Despite the recent pullback, the crypto market is very much in a bull run.
Several indicators, including the Bitcoin long-term market structure chart and the Global M2 money supply, indicate that the crypto bull market hasn’t even started yet.
Unsurprisingly, there’s strong demand this summer for the best cryptos to buy for 1000x returns. We have picked 4 such assets with explosive upside potential.
Solaxy, The Revolutionary Solana Layer-2 Coin
Solaxy (SOLX), the first prominent Solana Layer-2 coin, is our top pick for the next 1000x crypto.
For the uninitiated, Solaxy is a ZK rollup-powered Layer-2 scaling solution to improve Solana’s performance and scalability during periods of heavy traffic.
However, Solaxy isn’t just a rollup, rather, a full-stack crypto ecosystem within Solana. The project has also announced its competitor to Pump.Fun, called the Igniter Protocol, which will allow SOLX holders to launch their own meme coins.
These new meme coins will trade on the all-new and powerful Solaxy DEX.
SOLX has emerged as a high-conviction pick for exponential gains this cycle. The top Layer-2 coins in every ecosystem tend to have multibillion-dollar valuation, and Solaxy is aiming to establish itself as the top SOL L2.
Unsurprisingly, it has already raised nearly $50 million in its presale, with many whales investing six-figures into it.
With the presale ending in just two days, many influencers are now calling it the next 100x crypto. 1000x returns remain a possibility in the long term.
XRP, A Challenger To SWIFT
XRP is a surprising inclusion in a list for the next 1000x cryptos.
However, prominent influencers are still confident that the XRP price could potentially reach $10,000 in the long term, claiming that it could potentially replace SWIFT as the top cross border payment solution.
Such forecasts appear overly optimistic, and even popular influencer Ansem has been poking fun at some of the more extreme claims circulating within the XRP community.
While 1000x may be impossible, prominent analysts believe that 10x returns could still be on the cards in the long term. Ripple CEO Brad Barglinghouse believes that Ripple can capture 14% of SWIFT’s transaction volume in the next 5 years, which could be potentially be extremely bullish for XRP.
The imminent spot XRP ETF approval and the Ripple-SEC lawsuit settlement further establish XRP as one of the best cryptos to buy now.
Bitcoin Hyper, An Explosive Presale Token
Bitcoin Hyper (HYPER), a new presale coin in high demand, is another attractive meme coin investment with the potential for 1000x returns.
Powered by the cutting-edge Solana Virtual Machine, Bitcoin Hyper is also the latest Bitcoin Layer-2 solution, designed to bring speed, cost-effectiveness, scalability and programmability to the BTC ecosystem.
The HYPER presale has already raised over $1.2 million within just a few days, signaling strong investor confidence and early momentum. If the token eventually hits a $1.2 billion market cap, today’s buyers could be looking at potential 1000x returns.
Notably, Stacks (STX), another Bitcoin L2 coin, had an all-time high market capitalization of $5.2 billion just last year.
Within just a few days of its presale, several analysts are already calling Bitcoin Hyper the next 100x crypto.
Besides, its community-centric tokenomics, high staking rewards and transparent smart contract audits make HYPER an attractive investment.
Ethereum (ETH)
Ethereum (ETH) remains one of the best cryptos to buy — even if its days of 1000x returns are behind it.
BlackRock’s ETHA ETF is a testament to that conviction, having not seen a single outflow since early May. In just the past 11 days, it has added nearly $800 million in inflows, pushing its total assets under management beyond $5 billion.
The ETH/BTC trading pair has also broken out, which indicates that Ethereum will lead the bull market from now on.
The imminent Ethereum ETF staking approval, as well as the growing institutional adoption has made ETH an attractive investment.
While 1000x returns aren’t likely, a new all-time high for ETH is imminent.
ETH is currently trading within a parallel, multi-year wedge, in the monthly timeframe. Once it breaks out of the upper trendline, experts believe it could trade as high as $10,000.
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