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Which Cryptos Could 10x in 2021?

THE CRYPTO MARKET IS EXPECTED


TO SKYROCKET THIS YEAR
The cumulative market capitalization of
cryptocurrencies grew around 300% in 2020, as digital
coins have become increasingly popular investment
tools. As inflation is rising and investors are looking
for alternative investment options, analysts expect the
crypto market to gain even more in 2021.

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Table of Contents
Risk Disclosure ���������������������������������������������������������������������� 3

Which Cryptos Could 10x In 2021? ��������������������������������������� 4

But what is a cryptocurrency? ���������������������������������������������� 5

Cardano [ADA] ���������������������������������������������������������������������� 6

Binance Coin [BNB] ��������������������������������������������������������������� 7

Aave [AAVE] �������������������������������������������������������������������������� 8

Quant [QNT] �������������������������������������������������������������������������� 9

The Graph [GRT] ����������������������������������������������������������������� 10

+1 Dogecoin [DOGE] ������������������������������������������������������������� 11

Should alternative investments be in your portfolio? �������� 12

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Which Cryptos Could 10x in 2021? 2


Risk Disclosure

Risk Disclosure
Forex and stock market trading involves high risk that is not suitable for everybody.
Before deciding to trade online, carefully consider your willingness to take risks.

Since trading can bring both favorable and


unfavorable results, there is a possibility
that your capital will be lost, so please
do not invest an amount that you cannot
afford to lose and do not trade on borrowed
money. We don’t take any responsibility
for the investment decisions made, based
on the information contained in this
PDF. No published information should
be considered as a specific investment
advice. You should also be aware of all the
risks associated with leveraged trading.
If you decide to use the trading strategy
presented here, only do so at your own risk!

IMPORTANT!

Don’t rush into live trading right away with what you have
just learned!

It would be the same as after you took your theoretical pilot


training you would immediately jump into an airplane and
would try to make it fly on your own.

First analyze what you have learned, monitor it then


practice it on a demo account.

Which Cryptos Could 10x in 2021? 3


Which Cryptos Could 10x In 2021?

Which Cryptos Could 10x In 2021?

Cryptocurrencies have continued their surge this year, driven by several factors,
including institutional interest. There are over 1600 cryptocurrencies on the
market available for trading at the moment, and in this e-book we will try to show
you the ones that could 10x in 2021. You have to keep that in mind that these
currencies still remain a risky investment, given their relative lack of utility and
extremely high volatility. So, to understand how cryptocurrencies work, let us
start with a basic definition: Blockchain.

Blockchains are incredibly popular nowadays. Like the name indicates, a


blockchain is a chain of blocks that contains information. It is the technology that
enables the existence of cryptocurrencies. Blockchain is a decentralized ledger of
all transactions across a peer-to-peer network. Using this technology, participants
can confirm transactions without a need for a central clearing authority. This
technique was originally described in 1991 by a group of researchers and was
originally intended to timestamp digital documents. However, it went by mostly
unused until it was adapted by Satoshi Nakamoto in 2009 to create the digital
cryptocurrency Bitcoin.

Which Cryptos Could 10x in 2021? 4


But What Is A Cryptocurrency?

But what is a cryptocurrency?


Why are they so popular? Are they widely accepted as a form of payment?

A cryptocurrency is a digital or virtual currency that is secured by cryptography,


which makes it nearly impossible to counterfeit or double-spend. Many
cryptocurrencies are decentralized networks based on blockchain technology—a
distributed ledger enforced by a disparate network of computers, according
to Investopedia. Typical or traditional financial institutions, like banks, are
not involved in cryptocurrency transactions between one person and another.
That means the payments are faster as they are not going through any kind of
institutions. In addition, they are cheaper as well, since there are no fees, which
makes cryptocurrencies so popular. They are not widely accepted yet, but more-
more companies accept it as a method of payment.

Cryptocurrencies have been on the market for several years now and have proven
to be among the most profitable investment opportunities, beating the profits
from conventional stocks and commodities, such as oil and gold. Given these
facts, let us take a look at which cryptocurrencies could 10x in 2021.

Which Cryptos Could 10x in 2021? 5


Cardano [ada]

Cardano [ADA]
Cardano is a cryptocurrency network and open source project that aims
to run a public blockchain platform for smart contracts. Cardano’s internal
cryptocurrency is called Ada. The development of the project is overseen and
supervised by the Cardano Foundation based in Zug, Switzerland. It is named
after Ada Lovelace: a 19th-century mathematician who is recognized as the first
computer programmer, and is the daughter of the poet Lord Byron.

Cardano’s market cap is currently $29,7 billion which is fairly low for a project of
this magnitude. If we compare it to Ethereum, the main competitor of Cardano,
we can see a market cap of $178,1 billion for [ETH]. Whether Cardano can
tenfold its value, depends on many factors , and one of them is how fast the new
gogen update rolls out, which introduces smart contracts* to ADA. Cardano is
already working on those smart contracts now, and Charles Hoskinson - founder
of Cardano and co-founder of Ethereum – stated they will have thousands of
partnerships by the end of 2021. ADA has had an impressive run over the past year.
It has gained 450% and the rest is just ahead.

*Smart contracts: A smart contract is a self-executing


contract with the terms of the agreement between buyer and
seller being directly written into lines of code. The code and
the agreements contained therein exist across a distributed,
decentralized blockchain network. The code controls the
execution, and transactions are trackable and irreversible. Nick
Szabo, an American computer scientist who invented a virtual
currency called “Bit Gold” in 1998, defined smart contracts as
computerized transaction protocols that execute terms of a
contract. (Investopedia)

Which Cryptos Could 10x in 2021? 6


Binance Coin [bnb]

Binance Coin [BNB]


BNB is a cryptocurrency token that was created by Binance back in 2017. It was
first issued and launched during an Initial Coin Offering (ICO) crowdfunding
event, which took place between the 26th of June to the 3rd of July. The token
sale offered 100,000,000 units of BNB (50% of the total supply). The issue
price was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB (around 0.11 USD back
then). BNB powers the Binance Ecosystem. It has multiple use cases: fueling
transactions on the Chain, paying for transaction fees on Binance Exchange,
making in-store payments, and many more.

About mining, it is not possible. You cannot mine BNB as you would a proof-of-
work cryptocurrency, since the Binance Blockchain uses the Byzantine Fault
Tolerance (BFT) consensus mechanism. Instead, there are validators that earn
from securing the network by validating blocks.

BNB has a market cap of $35 billion and an average volume of $7 billion. The
currency has already gained 447% in 2021 and it seems like it has a bright future
ahead.

Which Cryptos Could 10x in 2021? 7


Aave [aave]

Aave [AAVE]
Aave is a decentralized, open source and non-custodial liquidity market protocol
where users can participate as depositors or borrowers. Depositors provide
liquidity to the market to earn a passive income, while borrowers are able to
borrow in an over collateralized (perpetually) or undercollateralized (one-block
liquidity) fashion.

Running on the Ethereum blockchain, Aave instead is a system of smart contracts


that enables these assets to be managed by a distributed network of computers
running its software. This means Aave users do not need to trust a particular
institution or person to manage their funds. They need only trust that its code will
execute as written.

Many think that decentralized, autonomous organizations – like Aave - are going
to take over for borrowing and lending. It is a governance token, which means
owning this token will allow you to participate in the governance of that network.
Aave has a market cap of nearly $5 billion and a volume of $800 million. It has
increased by more than 300% this year and will probably increase more, thanks to
this technology.

Which Cryptos Could 10x in 2021? 8


Quant [qnt]

Quant [QNT]
Quant launched in June 2018 with the goal of connecting blockchains and
networks on a global scale, without reducing the efficiency and interoperability
of the network. It is a multi-purpose cryptocurrency and operates as a key
to access the Quant Network suite of solutions including Overledger, which
is the world’s first blockchain operating system (OS) that not only connects
blockchains to one another but also connects existing networks to blockchain
and facilitates the creation of internet scale multi-chain applications otherwise
known as MApps.

Quant is likely on sale now. Its market cap is $423 million and has a volume of
$9,117. QNT is a project with an all-time high of $49, but the current price isn’t that
far off and it’s just getting started. Quant is looking good and has the potential to
10x in 2021.

Which Cryptos Could 10x in 2021? 9


The Graph [grt]

The Graph [GRT]


The Graph is an indexing protocol for querying data for networks like Ethereum
and IPFS, powering many applications in both DeFi and the broader Web3
ecosystem. Anyone can build and publish open APIs, called subgraphs, that
applications can query using GraphQL to retrieve blockchain data.

There is a hosted service in production that makes it easy for developers to get
started building on The Graph and the decentralized network will be launching
later this year. The Graph currently supports indexing data from Ethereum, IPFS
and POA, with more networks coming in the future.

The Graph is not a small project. It is getting more and more popular, because it is
first of its kind and it is probably going to take off here very quickly. Its market cap
is over $2 billion and has a volume of $41 million. GRT has a high potential to 10x in
2021, especially because of its use case and product offering.

Which Cryptos Could 10x in 2021? 10


+1 Dogecoin [doge]

+1 Dogecoin [DOGE]
Dogecoin is considered more of a meme than a serious cryptocurrency. It was
invented by software engineers Billy Markus and Jackson Palmer, who decided
to create a payment system that is instant, fun, and free from traditional banking
fees. It was created in 2013, and named after the popular meme of Shiba Inu dog.
The creators used Litecoin technology to power Dogecoin. It is a decentralized
and inflationary coin, meaning there is no finite number of it to be mined.

The cryptocurrency was flying the past few weeks, thanks to Elon Musk and
Reddit. Its market cap is $6.7 billion and has a volume of $2.6 billion. Returns on
year-to-date is 860%. The volatility is rated as a 5.7. The Reddit community is
strong and has the power to lift Dogecoin, maybe even to $1 per share.

In summary, these 5+1 cryptocurrencies could 10x in 2021, or at least in 2 years


time. Cryptocurrencies are getting more and more popular and they are holding
more value each year, but they could be seen as a high-risk investment because
they are alternative form of investing. They make a great option as long-term
investments, due to the fact that they are likely to pull through any financial crisis.

Which Cryptos Could 10x in 2021? 11


Should Alternative Investments Be In Your Portfolio?

Should alternative investments be in your


portfolio?
Financial advisors are getting more friendly with the idea of having
cryptocurrencies in portfolios. Most advisors are recommending a range of 6%
to 15% of a client’s portfolio to be held in alternative investments.

Many others (18% of advisors) were recommending 16% to 25% of their clients’
portfolios in alternatives, according to The Balance.

So, short answer: yes, you should have alternative investment options
in your portfolio, but you have to be able to handle the risks that
come with it. They could be extremely volatile and you could
easily lose some of your investments or double it.

Which Cryptos Could 10x in 2021? 12


Disclaimer: This e-book cannot be considered financial advice. We do NOT provide
financial advice. We are constantly developing our algorithm, but we cannot be
held responsible for the accuracy of the data. Before you decide to rely on any
information provided by us, we would like to inform you, that the cryptocurrency,
stock, commodity, fund, and forex rates are influenced by many things, therefore,
information herein should not be used to make financial decisions, as we cannot
guarantee any profit and we cannot accept any liability for any losses or damages
you may incur. Trading and investing carries a HIGH LEVEL OF RISK, you could
lose some or all of your investment. Before deciding to trade, you should carefully
consider your investment objectives, level of experience, and the risks. You alone are
responsible for your actions in any trading or investing activities.

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