Crypto Analyst Predicts Top Altcoins To Make A 10x In 90 Days

In his latest YouTube video titled “If I Had To 10X My Money In 90 Days, I’d Buy This Crypto Altcoin”, Miles Deutscher, renowned crypto analyst Miles Deutscher presented a refined outlook on altcoins he believes are positioned for significant gains in the subsequent 90 days. Originally aiming to highlight altcoins able to a 20x return by the cycle’s end, Deutscher adjusted expectations based on realistic market evaluation, highlighting those with the potential for a 10x increase.

Altcoins With A 10x Potential

Deutscher began his evaluation by addressing the volatility and uncertainty inherent within the crypto markets, particularly throughout the altcoin sector. “A 20X return shouldn’t be easy,” he explained, detailing the need of venturing deep into the danger curve and specializing in altcoins with smaller market caps to attain such high returns. “You’re gonna have to go for coins within the one to $200 million market cap region, perhaps $500 million to a billion,” he added.

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Recognizing the usually unpredictable nature of the crypto market, Deutscher revised his approach: “So I’m actually going to scale back this query to 10x. I believe 10x is way more realistic for a lot of alts. I like the danger reward on a 10x more, than a 20x.”

Deutscher highlighted several altcoins he believes hold the potential for substantial gains:

Dogwifhat (WIF): Positioned because the premier meme coin on the Solana blockchain, WIF was discussed with particular enthusiasm by the analyst. With a current market cap of around $3.7 billion, Deutscher forecasted a possible climb to $37 billion, supported by strong community backing and favorable market conditions. He cited recent price movements and community engagement as indicators of an imminent rise, “WIF is beginning to break out past this level [at around $3.60] on the day by day, which is super bullish.”

Pepe (PEPE): One other meme coin, Pepe, was noted for its volatility and high-risk, high-reward nature by Deutscher. Despite achieving a 70x return personally, Deutscher still foresees numerous potential. Nevertheless, he also advised viewers on the strategy of taking profits progressively, underscoring the need to secure gains in a high-volatility environment.

Prime (Gaming Sector): Turning to the gaming area of interest, PRIME was mentioned by the crypto evaluation as a promising candidate for a 10x increase, leveraging the growing popularity and investment flowing into blockchain-based gaming.

Risk Management In Crypto

Importantly, Deutscher emphasized the differentiation in investment strategies based on coin type and market position. While coins like Solana and Ondo Finance may not present a 10x gain, their market leadership and stability offer lower yet significant returns, which could be crucial for maintaining balance inside a diversified portfolio.

“Can Solana and Ondo Finance (ONDO) 10x? Perhaps not, but they’re leaders of their respective sectors. So you might be glad with a 3, 4x there. Not all the things must be a 10x. That is what you furthermore may have to know. Certain coins in your portfolio have a distinct purpose. You go in with greater size, they’re safer. So that you’re not taking over as much risk,” Deutscher explained.

He also discussed riskier ventures reminiscent of Astroport, which, on account of its lower market cap, presents a classic high-risk, high-reward scenario. “The lower the market cap, the simpler it’s to pump since the less liquidity it takes to affect the worth,” Deutscher noted, highlighting the speculative nature of such altcoins.

At press time, WIF traded at $3.46.

WIF price rejected on the 0.618 Fib, 1-day chart | Source: WIFUSD on TradingView.com

Featured image created with DALL·E, chart from TradingView.com