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Multi-millionaire identifies 3 altcoins that will rally higher than Shiba Inu (SHIB) or Dogecoin (DOGE) did in 2021

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An influential investor who excelled at identifying the next breakout crypto is singling out Cardano (ADA), Ripple (XRP) and Mutuum Finance (MUTM) as the next altcoins to surpass Shiba Inu (SHIB) and Dogecoin’s (DOGE) massive 2021 runs.

While SHIB and DOGE returned nearly 40,000,000% and 20,000% respectively in the last bull cycle, analysts believe these new picks blend technical momentum, real-world utility, and presale interest to offer even bigger returns.

Cardano approaches key breakout level

Price for Cardano, however, has consolidated around $0.71 this week, but a pattern called a falling broadening wedge in its daily chart suggests a potential 190% surge to $2.

One strong indicator of this bullish energy is indicated by ADA’s rebound from August 2023 lows of $0.27 to November 2024 highs of $1.32, analysts state. 

An impactful breakout past the wedge’s top edge at $1.15 may spark additional buying, reflecting Elliot Wave beliefs that anticipate a third-wave move. And positive regulatory reasons (potential for ETF approvals, good US policies regarding crypto) could result in even bigger gains.

Flip to retest $0.27 support, however, should $0.60 fail to hold — a situation deemed unlikely as institutional demand grows.

Ripple steps up its disruption of global finance

Ripple’s native XRP token trades around $2.43, consolidating after rallying back to its 2021 top $3.40.

Analysts say that its role in substituting SWIFT’s clunky cross-border payment network sets it up for exponential growth.

Ripple’s On-Demand Liquidity (ODL) solution is already being utilized by more than 300 financial institutions, which allows them to settle transactions in seconds for under a $0.01 each, compared to SWIFT’s weeklong, averaging $50 fees. 

There’s speculation of a rally above $5, accelerated by Bank of America’s recent adoption of XRP for internal transactions and rumors of undisclosed partnerships with central banks.

Technical charts can bolster this: XRP’s monthly chart depicts a multi-year base build-up forming above $1.97 support, with a breakout targeting $3.40 initially before testing all-time highs.

Mutuum Finance presale mania heat up

The fourth phase of Mutuum Finance (MUTM) presale is here, making it perhaps the hottest topic among presale coins right now.

The project has garnered the attention of 7400 holders after raising a total of $5.7 million since launch as a result of its decentralized lending model and embedded buy pressure mechanisms. 

Now those that get in early by securing MUTM will see a 20% immediate value increase as phase 5 kicks off at $0.03, and a listing price of $0.06 means a 140% return as it’s immediately hitting swap racks.

Post-listing predictions are bolder still: analysts point to the platform’s revenue-driven token buybacks and mtTokens — interest-accruing deposit certificates — as enabling a climb above $3.5: a 13900% ROI from current prices.

The infrastructure of Mutuum Finance sets it apart. Dynamic yield for lenders depending on pool utilization, and for borrowers loans on overcollateralized assets reducing the risk of default.

It also has a peer-to-peer lending feature for niche assets such as meme coins. The team will complete a Certik audit, which should bolster investor confidence prior to listing on exchanges.

Timing the entry window

While the 2021 mania of Shiba Inu and Dogecoin was driven by retail enthusiasm, ADA, XRP and MUTM’s powers comes from hard use cases and tokenomics that are mathematical in nature.

Many projects that have gone through Certik audits and adopted buyback models have shown historical patterns of outperforming speculative competitors in the weeks and months after launch.

These three altcoins provide key entries as the crypto market prepares for another bull cycle.

Mutuum Finance’s phase 4 presale is on for those looking for asymmetric gains but not for long. Check out the official website for Mutuum Finance and get in on the action before the price goes up.

For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://www.mutuum.finance/
Linktree: https://linktr.ee/mutuumfinance

The post Multi-millionaire identifies 3 altcoins that will rally higher than Shiba Inu (SHIB) or Dogecoin (DOGE) did in 2021 appeared first on Invezz

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