Can Cryptos do 100x in 2022?

It has happened in the past, and 2022 is unlikely to be any different. If the next crypto hype cycle happens somewhere within 2022, then cryptos that have big news coming up have the potential to do 100x or more within the year. Another important feature to focus on when looking for cryptos that can do 100x is the coin supply.

What is a 100x return on crypto?

First, a return of 100x is quite huge and translates to a 10,000% profit. Essentially, it means that a dollar invested gives you $100 in profits. Secondly, the timeframe involved is quite short. For such a short timeframe, crypto would need to go really big for it to give a 100x return. However, this is crypto, and anything can happen.

When will the next crypto hype cycle hit 100x?

If the next crypto hype cycle happens somewhere within 2022, then cryptos that have big news coming up have the potential to do 100x or more within the year. Another important feature to focus on when looking for cryptos that can do 100x is the coin supply.

Will altcoins give 100x returns in 2022?

Going forward, it is not going to be any different. If Bitcoin were to rally to over $100k in 2022, then there is definitely some altcoins could give 100x returns in 2022. However, for the larger cap cryptocurrencies, for them to do 100x, Bitcoin would need to trade at $200k or more by 2022.