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These 4 altcoins have the potential to grow 10x this year, according to KOL Jason Pizzino

These 4 altcoins have the potential to grow 10x this year, according to KOL Jason Pizzino.

The popular strategist is forecasting four altcoins, including MATIC and CRV, with the potential to grow 10-fold this year as the broader crypto market trades sideways.

In a new strategy session, Jason Pizzino divide This blockchain scaling solution, Polygon, is still on an uptrend despite the ongoing retreat from the all-time high of $ 2.92.

“Generally, if no one is talking about it because prices are falling, then it’s generally time to take a position… So I still think it’s a bull market: higher lows, that’s pretty easy. The 50% Fib level is around $ 2.20. “

Another coin on the trader list is CRV, DEX Curve Finance’s governance token that focuses on stablecoins.

“CRV is valued at $ 24 billion, so it has a market cap to total value ratio of 0.1. Thus, the market capitalization is approximately $ 2.4 billion, the total locked value: $ 24 billion.

I think there will be a hunting game until the CRV rating is closer to the locked value on Curve right now. “

Source: Jason Pizzino

Next up is SUSHI, the governance token of the decentralized exchange SushiSwap. According to Pizzino, SUSHI can generate exponential returns with a relatively small market capitalization.

“SUSHI has a market capitalization of $ 1 billion, fully diluted to $ 2 billion. So a 10-fold increase of 10 billion US dollars seems sensible … “

Pizzino added that SUSHI is currently in the red and the entry point is between $ 6 and $ 7.50.

Source: Jason Pizzino

The fourth asset is Yearn.Finance (YFI), a decentralized financial platform that supports an automated yield farming strategy. Pizzino says YFI’s fundamentals look solid while technical indicators are showing signs of strength.

“The total blocked value is also good: $ 5.7 billion with a market capitalization of $ 1.4 billion …

We’re also starting to see higher lows. “

The analyst added that YFI will hit $ 100,000 before BTC hits the six-digit mark.

Source: Jason Pizzino

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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