The continued crypto market crash has led to substantial losses, with the market cap falling from $3.72 trillion in December to $2.6 trillion. With Bitcoin and altcoins falling, many retail buyers have panic-sold whereas others have been liquidated. Nonetheless, previous expertise reveals that it’s doable to flip $100 into $100K throughout the ongoing cryptocurrency market crash.
Can One Turn $100 Into $100K During the Crypto Market Crash?
The crypto market might be the one space the place one can flip $100 into $100K. For instance, one Bitcoin in 2010 could be price $82,000 at the moment. Most not too long ago, $100 invested in Mantra in 2023 would now be price over $30,000.
Nevertheless, whereas crypto might generate robust returns over time, it’s largely not doable to flip $100 to $100k earlier than April this 12 months. Such a transfer would suggest a 99,900% surge.
The continued crypto market crash might present a very good entry level for buyers looking for huge returns. That’s as a result of the continued concern is related to Donald Trump’s tariffs, which many buyers see as a black swan occasion.
Nevertheless, prior to now, the inventory and crypto market has rebounded after such huge occasions reminiscent of throughout the COVID-19 pandemic and the dot-com bubble. Two potential catalysts for these belongings would be the finish of tariffs and a possible Federal Reserve pivot now that US bond yields have slipped. On prime of that Bitcoin worth may gain advantage from the upcoming Lunar Eclipse.
Prime Altcoins that Might Surge by April
Among the prime crypto cash that might surge by April are Polkadot (DOT), Pepe (PEPE), and Dogecoin (DOGE).
Polkadot (DOT)
Polkadot is one prime altcoin that may aid you flip $100 into $100k over time amid the crypto market crash. Its prime basic catalysts are the upcoming Polkadot 2.0 launch and the potential DOT ETF approval.
Polkadot has robust technicals. Because the chart under reveals, it has failed to crash under the important thing help at $3.60 throughout the ongoing crypto market crash. This can be a notable stage the place it fashioned a quadruple backside. It can also be within the accumulation part of the Wyckoff Idea, pointing to additional beneficial properties forward. The coin has additionally fashioned a falling wedge sample.
Due to this fact, a surge to the neckline at $11.72, could be a close to 200% enhance from the present stage. Additionally a leap to its all-time excessive of $56 could be a 1,445% surge from the present stage.
Pepe (PEPE)
Pepe is one other prime coin that will aid you flip $100 to $100k in the long run. It is likely one of the prime blue-chip meme cash that has stood the take a look at of time.
Technically, the coin appears to be on the verge of a robust bullish breakout now that the 2 strains of the falling wedge are nearing their confluence level. Pepe has additionally discovered help at $0.0000060, coinciding with the bottom swing in August final 12 months. A easy rebound to its all-time excessive of $0.00002830 would suggest a 370% surge from the present stage.
Dogecoin (DOGE)
Dogecoin offers one other alternative to make huge returns throughout the ongoing crypto market crash. Like Pepe, it has fashioned a falling wedge pattern whose two strains are about to converge. The Relative Energy Index has additionally moved to the oversold stage, pointing to a possible rebound.
Different Prime Crypto Cash to Turn $100 to $100K During the Crypto Market Crash
Among the different prime crypto cash that will expertise a giant surge are meme cash like Shiba Inu, Bonk, Floki, and SPX6900.
Continuously Requested Questions (FAQs)
To show $100k into $100k, it implies that an asset wants to surge by 99,900%. This isn’t doable within the subsequent 20 days. Nonetheless, one can purchase some low cost cash and expertise some robust beneficial properties.
Among the prime cash to purchase are Polkadot, Pepe, and Dogecoin.
Cryptocurrencies will probably stay in a decent vary within the subsequent few days after which levels a robust comeback later this month.
crispus
Crispus is a seasoned Monetary Analyst at CoinGape with over 12 years of expertise. He focuses on Bitcoin and different altcoins, protecting the intersection of reports and evaluation. His insights have been featured on famend platforms reminiscent of BanklessTimes, CoinJournal, HypeIndex, SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com.
Disclaimer: The introduced content material might embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability to your private monetary loss.
