From x70 to -99.3%: The Volatile World of Potentially Lucrative Cryptocurrencies

Cryptocurrencies with Potential: From x70 to -99.3% on the Same List

On a single list of upcoming cryptocurrencies with potential, you can find both a x70 gain and a 99.3% crash. Literally. When the selection of cryptocurrencies is left to enthusiasm, the only variable that ultimately matters is the purchase date. Whoever encouraged buying set the trigger in advance: once Bitcoin surpassed 55,000 dollars, the rally would begin. Everything else — NFT games, micro-caps, airdrops — trinc.

The Thesis: A Bigger Rally Than April and May

The starting point was an unvarnished prediction. According to one participant, the upcoming rally would be larger than the spring one and extend until December or, at most, January. That same participant attributed the previous crash to the so-called 'boomer coin,' China, and Joe Biden's administration. With the market calm, the argument went, small coins are a printing press; without it, a black hole.

The logic had a reasonable side. Whoever bought Shiba Inu in April, another voice argued, would be ridiculous not to take advantage of bargain prices now. Of course, there were also those who saw too many red flags and warned that Bitcoin would struggle 'by the sweat of its brow' to regain its previous high. And a third group, more wry: if everyone expects a rise, it's because a fall is coming.

Block Monster and the NFT Game Craze

The season's big signing was a Pokémon-style game with blockchain, presented as 'the most serious of all' and advertised with its own trailer and website. The promise: betas the next day, launch in January, and paid streamers. The comparison was inevitable. Axie Infinity, the argument went, had allowed some of its early players to retire, and nobody wanted to be left out here.

Skepticism arrived quickly. 'I can make a game like that in RPG Maker with a template,' responded a skeptic, who also pointed out that the video comments seemed written by bots. The defense wasn't much better: at least it will be 'functional,' because currently all NFT games are terrible.

Six Months Later: The Numbers That Don't Appear in the Trailer

This is where the party went sour. A review of the recommendations six months later left three corpses on the table: Space dumpling with a 99.3% drop, Riskmoon with a 98% fall, and BAFE with an 84% decline. In some cases, the entry point had been signaled on May 11th; whoever bought that day took a lukewarm hit, to put it mildly.

There's something to be said for the optimistic narrative, however: there were also successes. One specific project, DeepSpace, vindicated itself, according to its recommender, with a x70 gain since its May entry, enough — in their opinion — to retire. And a direct witness to another of the bets recounted that the token had multiplied by 100 after the team itself abandoned it.

The Boring Alternative: BTC, ETH, and BNB

Faced with that roulette, another participant advised betting on winners — Bitcoin, Ethereum, and BNB — and forgetting the rest. The counterargument was significant: if Bitcoin goes to 100,000 dollars, what matters isn't whether it goes up, but how much each coin rises. A x3 gain in a known coin doesn't unlock your phone; percentage gain is what matters.

The problem is that nobody knows in advance which of the many candidates will rise. And in that void, there's room for both genius and illusionist.

With these figures — a x70 on one side, a 99.3% on the other — the sensible thing would be to flee from the lists and wait. And yet they keep circulating, longer and longer, faster and faster. How much oracle is in someone who gets it right once, and how much is simple luck in a rising market?