In today’s special post, I will be looking at the 10 (+1) picks I’m most interested in for the next cycle, with a brief note on market cap all-time high & FDV, areas of interest and potential targets.
No commentary for these as the approach is literally identical for all of them for me, which is to fill a position within the areas of interest and hold for a cycle (maybe ~12 months), selling incrementally at each potential target, holding 10-20% of the position as a moon-bag depending on circumstances. This is obviously just for informational purposes and I do not guarantee any positive outcome to these positions; these are just the positions that I myself have or will be taking for the next year to 18 months.
IMMUTABLE X
IMX/USD
IMX/BTC
Market Cap All-Time High: $1.753bn
Fully Diluted Valuation: $1.356bn
Areas of Interest: $0.53 – $0.64
Potential Targets: $1.10, $2.05, $3.35 and $4.50+
OSMOSIS
OSMO/USD
OSMO/BTC
Market Cap All-Time High: $3.485bn
Fully Diluted Valuation: $956mn
Areas of Interest: All-Time Lows – $0.85
Potential Targets: $3.90, $6.50 and new All-Time Highs above $11.
OASIS NETWORK
ROSE/USD
ROSE/BTC
Market Cap All-Time High: $1.982bn
Fully Diluted Valuation: $550mn
Areas of Interest: $0.033 – $0.047
Potential Targets: $0.116, $0.20, $0.382 and new all-time highs above $0.60.
LOOKSRARE
LOOKS/USD
LOOKS/BTC
Market Cap All-Time High: $1.134bn
Fully Diluted Valuation: $203mn
Areas of Interest: $0.12 – $0.20
Potential Targets: $0.84, $1.32, $2.00, $3.22 and new all-time highs above $7.06.
UFO GAMING
UFO/USD
Market Cap All-Time High: $1.369bn
Fully Diluted Valuation: $42.75mn
Areas of Interest: Anywhere below this 200dMA at $0.000002 into June 2022 support – August pump looks like a test pump and return to accumulation range.
Potential Targets: $0.0000065, $0.0000187 and $0.000033
X2Y2
X2Y2/USD
X2Y2/BTC
Market Cap All-Time High: $106.45mn
Fully Diluted Valuation: $107mn
Areas of Interest: $0.07 – $0.08
Potential Targets: $0.31, $0.52, $1.19 and new all-time highs above $3.96.
PERPETUAL PROTOCOL
PERP/USD
PERP/BTC
Market Cap All-Time High: $1.026bn
Fully Diluted Valuation: $86.25mn
Areas of Interest: $0.31 – $0.52
Potential Targets: $1.60, $2.25, $3.67 and $10.50
RAINICORN
RAINI/USD
RAINI/BTC
Market Cap All-Time High: $91.079mn
Fully Diluted Valuation: $8.6mn
Areas of Interest: $0.01 – $0.012
Potential Targets: $0.087, $0.12 and new all-time highs above $0.20.
CELLFRAME
CELL/USD
CELL/BTC
Market Cap All-Time High: $72.361mn
Fully Diluted Valuation: $8.241mn
Areas of Interest: $0.185 – $0.25
Potential Targets: $0.52, $2.50 and $3.40+
DECENTRAL GAMES
DG/USD
DG/BTC
Market Cap All-Time High: $197.272mn
Fully Diluted Valuation: $22.8mn
Areas of Interest: Right here at all-time lows – $0.0275
Potential Targets: $0.086, $0.172, $0.26 and new all-time highs above $0.60.
BLOCKWALLET
BLANK/USD
BLANK/BTC
Market Cap All-Time High: $88.546mn
Fully Diluted Valuation: $15.12mn
Areas of Interest: $0.07 – $0.10
Potential Targets: $0.47, $0.92, $1.15 and $1.67+
These are eleven of my top picks for the next cycle, but of course there are so many eventualities that cannot be accounted for; that said, I am confident these will provide me with good returns over the next year or so. I would urge extreme caution with some of these, however, as they are very small projects and so filling a decent position takes time. Hope you have found this valuable – and remember that looking at fully diluted valuation against market cap all-time highs can give you a relatively conservative estimate of upside potential; most altcoins at the very least break new all-time highs for their market caps in successive cycles even if they fail to do so with price.
