These Underrated Altcoins Will Make Millionaires. Best Moonshot Cryptocurrency Gems to Buy Now
Updated: Aug 17, 2022
If you are searching for altcoins that could make you into a millionaire, these are some great options to consider. All of these have the potential to 100x and even 1000x from their current prices, making them some of the most profitable investments in the crypto industry today.
Cryptocurrencies are known for their volatility. Over the past year, we have seen the value of altcoins rise and fall at an alarming rate. This has caused a lot of people to become skeptical about investing in cryptocurrencies.
However, now is still a good time to invest in altcoins, especially those that have the potential to create millionaires at these discounted prices. In this blog post, we will discuss five altcoins that fit this description!
How To Find Altcoins That Could Make You A Millionaire?
When it comes to finding altcoins with the potential to make you a millionaire, there are a few things you need to look for.
First, the altcoin should have a strong team behind them. This team should be composed of experienced developers and advisors who are committed to the success of the project. The team is important because, without solid leadership, the altcoin is likely to fail.
Second, the altcoin should have a real-world use case. This is important because it shows that the altcoin has actual utility and is not just another speculative asset. Blockchain has the potential to revolutionize many industries, so look for altcoins that are solving real-world problems.
Third, the altcoin should have a solid roadmap. This roadmap should outline the team’s plans for the future development and adoption of the coin. Without a definite plan, it is difficult to gauge the long-term prospects of an altcoin.
Fourth, the altcoin should have a strong community. This community should be active on social media and other online platforms. They should also be willing to help promote the coin and get others interested in it.
Finally, the altcoin should be trading at a reasonable price. This is important for making you a millionaire because you want to buy the coin while it is still undervalued. By buying now, you can reap the rewards when the coin hits its full potential!
The altcoin market is constantly changing, so it is important to do your own research before investing in any particular coin. These are just a few things to look for when trying to find altcoins.
With these criteria in mind, let’s take a look at four altcoins that could make you a millionaire!
Sandbox (SAND) is a gaming platform that allows users to create, experiment, and monetize their game worlds. The Sandbox has been likened to "the Ethereum of gaming" due to its use of blockchain technology.
SAND is the native token of the Sandbox gaming platform. This platform allows users to create, play, and monetize their own games. SAND is used to purchase in-game items, land, and services.
The Sandbox recently secured $93 million in a Series B funding round led by SoftBank. This investment will be used to further develop the platform and grow the community. It is mostly owned by Animoca Brands.
Animoca Brands is a Hong Kong-based venture capital firm that focuses on investments in the gaming and digital entertainment industries. Having confidence from a big company like this reassures that the project is going on a good route.
Other notable brands that this game has partnered with are Adidas, Smurfs, Roller Coaster Tycoon, and CareBears. Celebrities and musicians such as DeadMau5, Snoop Dogg, and Avenged Sevenfold have been listed as partners as well. This means that The Sandbox has a lot of potential for mainstream adoption.
The gaming industry is huge and growing every day. The Sandbox provides a unique opportunity for gamers to create and monetize their own game worlds. This makes it a great altcoin to invest in for the long term. NFTs are also a large part of The Sandbox gaming experience. This means that the value of SAND could rise significantly in the future as NFTs become more popular.
The marketplace allows players and creators to buy, sell, and trade user-generated assets.
This marketplace will be powered by the SAND token. By including economic incentives, Sandbox hopes to encourage users to create high-quality content.
The Team: The Sandbox team is composed of experienced game developers and advisors. Notable team members include Sebastien Borget (co-founder of Pixowl) and Arthur Madrid (President of the Blockchain Game Alliance).
Use Cases: The Sandbox offers a unique gaming experience that allows players to experiment and create their own game worlds. This is made possible by the use of blockchain technology.
Traditional games did not allow users to own or trade in-game assets. The Sandbox changes this by giving users full ownership of their game worlds and the assets within them. This allows for a more immersive gaming experience and could lead to the development of new genres of games.
The reason why this is important for gamers is that they can now earn money from their creations. In the past, all the revenue went to the game developers. Now, with The Sandbox, gamers can actually make a living by creating and selling in-game assets.
The use of blockchain technology also allows for more transparency and security in The Sandbox gaming experience. This is because all transactions are recorded on the blockchain.
The Roadmap: NFTs are currently being developed for The Sandbox gaming platform. In the future, The Sandbox plans to launch a decentralized exchange (DEX) and expand its partnerships with game developers.
The developers also plan to launch up to 5000 more games on their platform. This will provide a lot of opportunities for gamers to earn money from their creations. It also invites more mainstream adoption of The Sandbox gaming platform.
The project has a strong roadmap with multiple milestones already achieved. Some notable milestones include the launch of the Sandbox Alpha and the acquisition of The Sandbox IP.
The Community: The Sandbox community is very active on social media and other online platforms. They tap into the community of gamers which means they have a lot of growth potential.
Trading Price: The Sandbox is currently trading at $1.28 with a market cap of $1.5 billion. It has a circulating supply of 1,235,564,878 SAND coins and a maximum supply of 3 billion SAND coins. This allows you to buy a large number of SAND tokens without breaking the bank. (6/5/2022)
Where to Buy: Sandbox is available on most major cryptocurrency exchanges such as Coinbase and Gemini
XRP (XRP) is a cryptocurrency that was created by Ripple Labs. Ripple Labs is a company that provides financial solutions for banks and other financial institutions. This company is based in San Francisco, California.
XRP is used by Ripple Labs to provide a global liquidity solution for banks and other financial institutions. XRP can be exchanged for other currencies, commodities, or assets. Ripple Labs has partnerships with some of the largest companies in the world. These partners include American Express, Santander, UBS, and Interbank.
The Team: The team at Ripple Labs is composed of experienced professionals from the financial sector. Some notable team members include Brad Garlinghouse (CEO), David Schwartz (CTO), and Kristina Campbell (CFO).
Use Cases: The problem that XRP solves is that it is very difficult for banks to send money internationally. They have to go through a complex network of intermediaries, which can take days or even weeks. XRP can be used to quickly and easily send money internationally with very low fees. Solving this problem incentives large amounts of money to flow through the Ripple network.
XRP is used as a bridge currency between different asset classes. By allowing for the quick and easy exchange of assets, XRP can help to facilitate global trade. Trading between different asset classes is important because it allows for a more efficient allocation of resources.
XRP can also be used to facilitate cross-border payments. By using XRP, banks can save on liquidity costs. Transactions from these large institutions make up a large portion of the total XRP volume. It also means that the price of XRP is closely linked to the success of Ripple Labs.
CBDC's are a controversial topic in the crypto world. Some people believe that they will destroy Bitcoin, while others believe that it could be used to increase adoption. Regardless of your opinion, it is important to understand what CBDC's are and how they could potentially impact the XRP price.
A Central Bank Digital Currency (CBDC) is a digital version of fiat currency that is issued by a central bank. CBDC's are designed to replace cash and simplify the process of conducting transactions.
There are currently no CBDC's in existence, but there are several countries that are exploring the possibility of issuing one. Some of these countries include China, Japan, Sweden, and the Bahamas.
Many philosophers and privacy advocates are against the idea of CBDC's. They believe that it would give too much power to the central bank and could be used to track people's spending habits. With a digitalized central currency, it can be possible to know exactly how much money each person has and where they are spending it.
This can solve the problem of tracking terror financing and other illicit activities. However, it also creates a lot of privacy concerns. If central banks have this much power, it could be abused. For example, if an authoritarian government does not like how protesters are funding a peaceful demonstration, they could easily track and freeze their accounts.
The power to create money is one of the most important powers that a government has.
With CBDC's, this power would be centralized in the hands of a few people. This could have disastrous consequences if it falls into the wrong hands.
However, many people also believe that this is inevitable and Ripple Labs is likely going to be one of the first companies to launch a CBDC. They are the front runners in the race to launch a digital version of the U.S. dollar.
For example, Rosie Rios served as the 43rd Treasurer of the United States and is a member of the advisory board of Ripple Labs. With this connection, Ripple will likely be one of the first companies to launch a CBDC.
There is a possibility that CBDC's could be used to increase the adoption of cryptocurrencies. If a country were to issue a CBDC, it would likely be issued on a blockchain. XRP is looking to develop CBDC's with several central banks. If XRP is successful in this endeavor, it could lead to a large increase in the price of XRP.
Roadmap: Ripple Labs is constantly working on new partnerships and expanding the use cases for XRP. This makes it a great altcoin to invest in for the long term.
The future of XRP depends on the success of Ripple Labs and the adoption of CBDC's. If Ripple Labs is successful in onboarding large financial institutions, then the price of XRP will likely increase. If CBDC's are adopted by several countries, it could also lead to an increase in the price of XRP.
Community: The community behind XRP is very supportive and active. Many XRP fans believe in the project and are willing to hold for the long term. XRP holders believe that banks and other financial institutions will eventually adopt Ripple's technology.
Trading price: XRP is currently the sixth-largest cryptocurrency by market cap. It has a market cap of just over $19 billion and a circulating supply of 48,343,101,197 XRP. The max supply of XRP is 100 billion. It is currently trading for $0.39. This makes it a great altcoin to invest in for the long term. (6/5/2022)
Concerns: Since 2020, Ripple Labs has been involved with the U.S. Securities and Exchange Commission over a legal battle regarding the company selling XRP tokens as unregistered securities. The legal case has been a long, drawn out affair with the SEC continuously delaying a resolution to the lawsuit. Many believe that the SEC is losing the legal battle, and that the commission is delaying their inevitable defeat to keep a cloud of uncertainty over the cryptocurrency market.
The point is that while this lawsuit has been ongoing the past two years, the XRP token price has been suppressed during the last cryptocurrency bull market of 2020/2021. While all other cryptocurrencies skyrocketed to all time highs in the last bull market, the XRP price has not appreciated to the same extent. Fundamentally, XRP should be trading at a price multiples higher, but the lawsuit kept the token from surpassing it's record all time high from 2018, despite the coin being much more widely adopted and improving during the past four years.
If the SEC lawsuit verdict is in Ripple's favor, then you can expect this crypto to catapult quickly to its true, fundamental value. I expect at quick 10x return at least.
Regardless of the outcome, this is a legal battle that you want to pay attention to as it has repercussions for the entire cryptocurrency industry. The case will set precedent for the future of crypto regulation, whether or not the same reporting and registration rules that apply to securities also apply to digital assets. A win for Ripple will be a momentous victory for the entire rapidly growing crypto market.
Where to Buy: Due to the concerns mentioned above, XRP is difficult to buy in the United States. The best place to buy is the trading platform, Uphold. You can sign up for Uphold here
Near Protocol (NEAR)
Near Protocol (NEAR) is a decentralized application platform that is based on the Ethereum protocol. The problem with Ethereum is that it is very slow and has high transaction fees. Near Protocol aims to solve these problems by being much faster and cheaper to use.
FTX Ventures, Blockchange Ventures, and Dragonfly Capital have all invested in Near Protocol. These venture capital firms are some of the most respected in the industry. With support from these firms, Near Protocol has a bright future.
The Team: The team behind Near Protocol is experienced and has a good track record. It was created by Alexander Skidanov (former Microsoft employee) and Ilya Polosukhin, a talented developer.
Use Cases: Near Protocol is designed to be scalable and developer-friendly. It uses sharding to improve scalability. This means that Near Protocol can handle a large number of transactions without sacrificing decentralization or security.
By solving Ethereum's scalability problems, Near Protocol could become the go-to platform for decentralized applications. This would lead to a significant increase in the price of NEAR tokens.
Near Protocol also has a unique consensus algorithm called Nightshade. This consensus algorithm is designed to be more energy-efficient than other proof-of-work algorithms. This is a major reason why this altcoin could be a good long-term investment because it is more environmentally friendly.
As more and more people are leaning towards sustainable investing, Near Protocol could become a very popular altcoin. Being able to invest in an environmentally friendly altcoin is a major advantage that Near Protocol has over other altcoins.
This protocol incentivizes DApps and services to be built on Near. The more usage Near gets, the more valuable NEAR tokens become. This creates a positive feedback loop that will lead to the price of NEAR tokens increasing over time.
The Roadmap: The Near team has executed its roadmap. They have already launched their mainnet and are working on scaling the platform. Although they do not have any immediate plans, they are always working on improving the platform.
The Community: The Near Protocol community is very supportive. They are constantly helping to improve the platform and make it more user-friendly. The team behind Near is also very responsive to the community's feedback.
Trading Price: Near Protocol is currently trading at $5.30 with a market cap of just over 3.5 billion. There are 704,969,283 NEAR coins in circulation right now and a maximum supply of 1 billion. This means it still has a lot of room to grow. (6/5/2022)
Where to Buy: It's only a matter of time before Near Protocol is available on all major crypto exchanges. In the meantime, you can purchase Near Protocol on the trusted platform, Uphold. You can sign up for Uphold here
The Theta Network is a decentralized video streaming network. The native currency of Theta is the Theta Token (THETA). The Theta Network launched in March 2019 on the Ethereum blockchain as an ERC-20 token. Since then, Theta has migrated to its own mainnet. The Theta Network is powered by a new type of blockchain that is optimized for streaming video.
The Theta Network is an exciting project with a lot of potential. The use of blockchain technology gives it a major advantage over traditional video streaming platforms. Additionally, Theta has already partnered with some big names in the industry and has received backing from well-known venture capitalists. This makes Theta a good altcoin to invest in now for huge future returns.
The Team: The team behind Theta is impressive. Notable members include the two founders Steve Chen (co-founder of YouTube) and Jieyi Long (co-founder of SLIVER.tv). Together, they have a wealth of experience in the video streaming industry.
Clifford Morgan, (CEO of GFUEL), Justin Kan (co-founder of Twitch), and Kyle Okamoto (CNO at Verizon Digital Media) are also partners of Theta. As you can see, the team is very experienced and has a good track record.
Each person brings a unique skill set to the table that will help Theta succeed. With such a strong team, Theta has a bright future. For example, Steve Chen can bring his experience from YouTube to help Theta grow its user base. And Justin Kan can bring his knowledge of supporting popular streams to onboard creative talent to Theta. This team is well-positioned to disrupt the video streaming industry.
Use Cases: The Theta Network provides two key services. The key features of the Theta Network are its focus on decentralization, efficiency, and low cost. By decentralizing video streaming, Theta aims to reduce the monopoly power of large platforms like YouTube and Netflix. Furthermore, by using a peer-to-peer network, Theta can reduce bandwidth costs by up to 80%.
The problem with traditional streaming services is that they are centralized. This means that there is a single point of failure. If YouTube or Netflix goes down, everyone loses access to the content. Furthermore, these platforms can censor content and control what users see.
The Theta Network solves these problems by decentralizing the video streaming infrastructure. With Theta, anyone can become a node in the network and earn rewards for providing their bandwidth and storage. This creates a more resilient network that is not subject to censorship.
The streaming industry is expected to grow to $932.29 billion by 2028. The Theta Network has the potential to disrupt this industry by decentralizing it. This could lead to massive growth in the price of the Theta Token (THETA).
The key advantage that the Theta Network has over other video streaming platforms is its use of blockchain technology. With blockchain, content creators can be directly rewarded for their contributions. Furthermore, Theta’s use of blockchain enables a new type of advertising that is more targeted and effective. This is because advertisers can target specific demographics with Theta’s user data.
The Theta Network has already partnered with some of the largest names in the video streaming industry, including Samsung, LG, and Sony. The Theta Network is also backed by major venture capitalists, such as Kleiner Perkins and GGV Capital.
The Roadmap: NFT-based digital rights management (DRM) system for content creators is in plans to be launched in 2022. This means that content creators will be able to protect their content and earn royalties from it.
The Theta EdgeStore is also something to look out for. It is a decentralized storage protocol for video. The importance of this is that it will allow Theta to scale its network without compromising on decentralization.
The Community: When it comes to the community behind Theta, it is very supportive. The community is active on Reddit with over 28,000 subscribers.
They have partnerships with World Poker Tour, Con TV Anime and various gaming broadcasters. This means that they have reached specific niches and passionate communities. By strategically partnering with popular content creators, Theta has been able to increase its user base organically.
The Theta Token (THETA) is the native currency of the Theta Network. THETA tokens are used to power the network and incentivize users to contribute their resources to the network. THETA tokens can be staked to earn rewards from validating transactions on the network.
There is also a coin called TFuel which is the fuel used to power transactions on the Theta Network. TFuel is used to pay for data storage, bandwidth, and other resources on the network.
The difference between Theta (THETA) and TFuel (TFUEL) is that THETA is used to stake and earn rewards, while TFUEL is used to pay for resources on the network. For example, if you want to stream a video on the Theta Network, you would need to pay for it with TFuel.
Trading Price: Theta is currently trading at $1.23. The market cap of just over 1.2 billion and there is a total and circulating supply of 1 billion THETA tokens. This coin is currently ranked #47 by coin market cap. (6/5/2022)
When it comes to altcoins that can make you a millionaire, Theta is the underrated gem in the crypto space. With a strong team, partnerships, and use cases, Theta has the potential to disrupt the streaming industry. The key advantage that Theta has is its use of blockchain technology. This gives it an edge over other video streaming platforms.
Centralized streamers and creators are at the mercy of platform policies. Theta is censorship-resistant and offers a better incentive model for content creators and users. The use cases of Theta are numerous, making it a strong candidate to become a top-ten cryptocurrency. Faster streaming speeds also make Theta a more attractive option for users. As the user base grows, so will the price of the Theta Token.
If you are looking for an altcoin to invest in now for huge future returns, Theta is the coin for you. More and more people are watching videos online and Theta is well-positioned to capitalize on this trend.
Where to Buy: It's only a matter of time before Theta is available to buy everywhere. In the meantime you can purchase Theta on the trusted platform, Uphold. You can sign up for Uphold here
Hbar is the native cryptocurrency of the Hedera Hashgraph network. The HBAR token is used to pay for transactions and services on the network.
HBAR is a high-performance, public blockchain that offers developers a platform to build decentralized applications. The Hedera Hashgraph network is fast, secure, and scalable.
The Team: The Hedera Hashgraph team is composed of experienced individuals who are dedicated to building a better future for the world. With their experience in distributed ledger technology, cryptography, and software development, they are well-positioned to build a platform that will have a positive impact ofr Hedera token holders.
Brett McDowell brings to the team his experience as a former member of the US Federal Reserve Bank's Mobile Payment Industry. This means he knows the ins and outs of how our current banking system works.
Sam Brylski is another notable member of the team with over five years of experience counseling DLT companies. By joining Hedera, Sam will be able to use his expertise to help the team scale the Hashgraph network through policies and procedures.
Hedera's Hashgraph technology is the result of years of research and development. The team has a wealth of experience in distributed ledger technology, cryptography, and software development.
The Hedera Hashgraph team is dedicated to building a better future for the world. Their goal is to provide a platform for developers to create applications that will have a positive impact on the world.
Use Cases: If you're looking for a blockchain platform that can handle high transaction volumes and offer fast transaction speeds, then Hedera Hashgraph is worth considering. With its low fees and scalability, HBAR is a good choice for enterprise applications.
What differentiates HBAR from other cryptocurrencies is its use of the Hedera Hashgraph consensus algorithm. This allows HBAR to handle high transaction volumes without compromising on security or decentralization.
It is considered a 3rd generation blockchain which means it has the potential to power the next generation of decentralized applications. This is because it can handle over 10,000 transactions per second and only takes 3-5 seconds to confirm transactions. It only uses 0.00017 kWh which makes it an environmentally friendly option.
The average fee per transaction is also only $0.0001. This is a major benefit as the cost for other blockchains such as Ethereum can be as expensive as $19.55 per transaction. This low cost can encourage users and developers to build applications on the Hedera Hashgraph network.
Hedera also lowers the possibility of fraud through its Asynchronous Byzantine Fault Tolerance which makes it a more secure option. This can be complicated to explain, but in short, it means that HBAR is more resistant to attacks through nodes and algorithms.
The permissioned blockchain is also a draw for companies who are looking to use blockchain technology but want more control over their data. This is because Hedera is governed by a Council of 39 members who are responsible for maintaining the network.
The Roadmap: Scalable smart contracts will be available on the Hedera network in 2022. This will allow developers to build dapps that can handle a large number of users without compromising on speed or security.
Web 3.0 support is also planned for 2022 which will enable Hedera to be used as a decentralized web. This means that users will be able to interact with dapps without having to download them. For example, you will be able to use a dapp in your browser just like you would any other website.
NFT scalability is also planned for 2022. This means that non-fungible tokens will be a part of the Hedera network. This will enable developers to create dapps that use NFTs without having to worry about them being too slow or expensive.
Hedera has an impressive roadmap and investors can be confident that the team is working hard to achieve its goals.
The Community: The hedera community isn't as large and vocal as some of the other projects in the space. However, there is a strong core group of supporters who are passionate about the project and believe in its long-term potential.
Trading Price: The HBAR price is currently $0.09 and has a market cap of just under 2 billion. This puts it in the top 35 cryptocurrencies by market cap. With a circulating supply of approx. 20 billion, HBAR still has plenty of room for growth. (6/5/2022)
The bottom line is that HBAR has a lot to offer developers and businesses who are looking for a fast, secure, and scalable blockchain platform. The team is dedicated to building a better future and the roadmap shows that they are making progress toward their goals. If you're looking for an environmentally friendly, low-cost option with strong security, then Hedera Hashgraph is worth considering.
Where to Buy: It's only a matter of time before HBAR is available to buy on all crypto trading platforms. In the meantime, you can purchase HBAR on the trusted platform, Uphold. You can sign up for Uphold here. Buy it while it's still off the radar
If you are searching for altcoins that could make you into a millionaire, these are some great options to consider. Of course, cryptocurrency is a very volatile market and nothing is guaranteed. However, if you do your own research and invest wisely, you could see massive returns on your investment. So what are you waiting for? Start buying altcoins today!