Skip to content

This is the ‘easiest and surest’ 10x to 30x play in crypto, says investor

This is the ‘easiest and surest’ 10x to 30x play in crypto, says investor

As what could be “the biggest crypto bull run ever” develops, investors are looking for high-growth potential solid investment plays. In this context, Alex Becker shared what he believes is “the easiest and surest” play for ten to 30-fold returns.

Becker is a well-known crypto entrepreneur, CEO of Hyros, and co-founder of Neo Tokyo, with over 1 million followers. As for his recommendation, the investor believes “utility altcoins” offer the best investing opportunity, although they are “not sexy.”

“People don’t understand the utility play. It’s not sexy but its the easiest & surest 10-30x in crypto,” he said. “This is almost certain. The tech (and games) in these spaces are just getting to damn good and essential.”

According to him, gaming, decentralized physical infrastructure networks (DePIN), real-world assets (RWA), and artificial intelligence (AI) will be adopted soon. These sectors, in Becker’s opinion, will enter the mainstream and drive massive speculation to related cryptocurrencies, fueling demand.

Is ‘utility crypto’ a better investment play than memecoins?

Diving further, Alex Becker compared the utility investment with memecoin trading, which currently has the headlines around crypto. He explained that investors could be confused about why utility altcoins are not “pumping” as much as the memecoins.

Differently from the memecoins that go by the “greater fool” game theory, benefiting purely from buzz and greed, utility cryptocurrencies require organic demand to perform – or at least the expectation that demand will eventually surge.

For that, these projects must be adopted. Interestingly, Becker is optimistic that the adoption of these sectors is “nearly guaranteed.”

Memecoins, on the other hand, will often fall into the “rug pull” category, similar to what Finbold reported this morning. As covered, a kid fooled other traders into buying his recently created Gen Z Quant (Quant), immediately selling it all.

However, it is important to understand that, like investing in startups or stocks, seeking utility will not guarantee returns. Investors must understand the risks and apply proper strategies to thrive in this ecosystem that can reward smart money plays.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.