Marketing Scoops: 3 Crypto Startup Projects With 10,000% Upside Potential

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Crypto startup projects are some of the best ways to realize life-changing returns. Whales and active crypto investors regularly participate in presales and scour through early listings, and once more people learn about these cryptos, they end up making significant gains in the long run.

I think having exposure to these crypto startup projects is a good idea, as it could turn a very small amount of money into something meaningful in a very short amount of time. Regardless, these are very high-risk, high-reward bets, and you should do your own research on every pick on this list.

Moreover, I believe most of your investments should be in the top cryptos, and you shouldn’t put meaningful amounts of money into small crypto startups. With that in mind, here are three high-potential crypto startups to look into….Continue reading…

By Omor Ibne Ehsan

Source: 3 Crypto Startup Projects With 10,000% Upside Potential | InvestorPlace

Critics:

There are several risks associated with investing in cryptocurrency: loss of capital, government regulations, fraud and hacks. Loss of capital. Mark Hastings, partner at Quillon Law, warns that investors must tread carefully in crypto’s unique financial environment or risk significant losses.Blockchain valuation is the process of determining the worth of a blockchain startup.

This typically involves examining factors such as the technology behind the project, tokenomics, market capitalization, and the potential for adoption in the blockchain ecosystem.Crypto startup funding rose for a second straight quarter to hit $2.4 billion in the first three months of 2024, PitchBook data showed, as expectations of lower interest rates and the debut of the first U.S. bitcoin spot ETF whetted investor appetite.

Analysts estimate that the global cryptocurrency market will more than triple by 2030. This all leads to one big trend. Cryptocurrency, once only understood among a relatively fringe community of anti-establishment investors, is now becoming a household name – and quickly.Most financial experts recommend limiting crypto exposure to less than 5% of your total portfolio.

Crypto is considered a high-risk asset class. Limiting allocation helps manage overall volatility and risk. Those new to crypto investing may start with 1% to 2% as an introduction. Anyone can create a cryptocurrency, even just for fun. But launching a cryptocurrency that is successful and gains value generally requires commitments of time, money, marketing, programming skills, and other resources. Making a cryptocurrency is the easy part if you choose a service that does it for you.

On average, the cost of developing a cryptocurrency ranges between $30k to $50k. However, the cost of creating a new cryptocurrency can vary significantly based on the complexity of the project and the features required. Private blockchains require infrastructure setup and maintenance costs. This may involve hosting on cloud platforms, setting up dedicated servers, and other related expenses. The approximate cost for a private blockchain is around $1500 per month.

A report published by the World Economic Forum claimed that by 2025, 10% of GDP will be stored on blockchains or blockchain-related technology. Blockchain technology is poised to revolutionize the way the digital world handles data and does business. Technology has the potential to bring changes around the world.

Crypto day trading offers several benefits for traders who are looking for short-term opportunities. One of the key advantages is the potential to generate quick profits. Since day traders aim to take advantage of short-term price movements, they can potentially make profits within a single day.

If you sell your crypto for a loss, the IRS allows you to offset losses against other income on your tax return. These so-called “realized losses” can be used to offset other taxable investment profits. When you hear the term “realized,” it usually means that an asset was sold.