The cryptocurrency market is currently beaming with bullish momentum and an overall positive sentiment. With investor confidence and market liquidity on the rise, crypto pundits are speculating a bull run over the horizon. Amid the bull season chatter, the projections of a notable trader have been making rounds in the crypto community.

This cryptic trader reportedly made a 50x return on his crypto investment back in 2021. With a bull run looming, the trader has shared the names of three coins that can mirror the success of his 2021 portfolio. As per the trader, NFT Finance (NFTFN), VeChain (VET), and FLOKI are currently the most promising coins in the market, which can surge up to 50x.

VeChain (VET)

VeChain is a prominent crypto project operating in the supply chain management sector. Following its inception in 2015, VeChain has revolutionized supply chain logistics with its blockchain platform which enhances transparency, data integrity and security. By leveraging the internet-of-things (IoT), VeChain enables companies to track their goods and data at every stage of the supply chain.

VeChain’s native token VET is currently worth $0.04, with a market capitalization of over $3.2 billion. Since the beginning of 2024, VET has rallied 33%, going from $0.03 to $0.04. With the supply chain industry estimated to reach $45 billion by 2027, VET is poised to capitalize on this growth and surge significantly in the upcoming bull run.

NFT Finance (NFTFN)

NFTFN has taken the NFT market by storm, offering innovative solutions for challenges like lack of liquidity and expensive entry barriers. Its flagship product, SuperNova, provides sophisticated financial instruments, like its novel NFT floor price index, which allows traders to interact with premium NFT collections with as little as $10.

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NFTFN previously raised $500k from the likes of Polygon founder Sandeep Nailwal. The project is currently in the second phase of its presale, where the tokens are available for just $0.03. NFTFN’s unique selling propositions combined with the explosive growth of the NFT market, present a compelling case for a 50x surge in NFTFN’s price during the bull season.

FLOKI

FLOKI is currently the fifth largest memecoin by market capitalization. What initially started as a light-hearted memecoin, has evolved into an altcoin that offers real-world utility. The expansive FLOKI ecosystem encompasses several products and services, including the Floki University (Crypto Education Platform), FlokiFi (DeFi Products), and FlokiPlaces (NFT Marketplaces).

Data from CoinMarketCap shows that FLOKI is currently trading $0.0002, with a market cap of over $2 billion. With additional functionalities and the expansion of the Floki ecosystem, FLOKI can rally in the coming bull run and potentially grow 50x.

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The post Trader Who 50X Investment in 2021 Names Three Coins for Repeat Success in Bull Run appeared first on Live Bitcoin News.

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Filed under: Bitcoin - @ April 9, 2024 7:18 pm