A cryptocurrency influencer, venture capitalist, and angel investor recommended his followers to “sell your watch” and put in one of three altcoins
A cryptocurrency influencer known for his bold predictions and large following has recommended three altcoins that he believes could offer massive returns.
According to the influencer, who goes by That Martini Guy on social media, one of the three altcoins could turn a $100 investment into $5,000 by the end of the bull market cycle.
In a tweet on September 21, That Martini Guy told his followers to “sell [their] watch” and put the money into EGLD, BLAST, or DOP, adding that “one of these will 50x. I don’t know which one, but one of them will, they are all great.”
Sell your watch. Put it into an altcoin like EGLD, BLAST, or DOP.
One of these will 50x. I don’t know which one, but one of them will, they are all great.
EGLD for a 50x return this cycle?
That Martini Guy first suggested people to “sell [their] watch” and put the money into MultiversX (EGLD).
Finbold recently selected EGLD as one of the two cryptocurrencies with the potential for a 900% return in this bull run.
Its appeal relies on being one of the most-scalable chains while keeping the decentralization and security, thanks to sharding. Notably, MultiversX was named the “technological holy grail of crypto” by Justin Bons, the CIO of Europe’s oldest cryptocurrency fund.
Moreover, we also reported three startups building and launching real-world solutions on top of MultiversX, innovating on different areas.
EGLD has a capped supply of 31.4 million and currently trades at $28.77, with 57.66% losses year-to-date. The project is ranked among the top 100 cryptocurrencies with a market cap of $790 million.
Blast (BLAST)
That Martini Guy‘s second recommendation is Blast (BLAST), a $200 million market cap altcoin ranked in the 228 position. The token is trading at $0.01043 by press time, recovering from a one-month crash down to $0.00785.
Essentially, Blast is an Ethereum (ETH) second-layer built to help scale Ethereum using a modular approach, similar to Bitcoin (BTC). The network claims to be the only “L2” to offer native yield for ETH and stablecoins from staking and protocols.
Blast (BLAST) one-month price chart. Source: CoinMarketCap / FinboldData Ownership Protocol (DOP)
Finally, the third altcoin is the Data Ownership Protocol (DOP) token, a small cap with only a $20 million valuation. This fact also makes DOP the most risky investment among the three, having significantly less liquidity, volume, and soundness.
As of this writing, DOP is trading at $0.002679, still with 65% of impending supply inflation. The chain uses zero-knowledge proof technology to address data management on top of Ethereum.
However, traders and investors must be cautious while speculating in any of these or other cryptocurrencies. The cryptocurrency market can be extremely volatile, and selling goods to speculate should not be encouraged.
Furthermore, market participants should avoid blindy following influencers and other investors recommendations, as illustrated in a recent report involving Arthur Hayes and Pendle (PENDLE).
In particular, Hayes predicted PENDLE to reach $10 but dumped over half of his position millions below $4 per token.
The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
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