The cryptocurrency market has been extremely volatile over the past few days, but regardless, there is still an opportunity to make gains in this market. We have noticed that some coins have been hitting a new all-time high even though Bitcoin and Ethereum have been moving sideways lately.
Several coins have massive potential for big gains; the first on this list is Injective Protocol. Injective Protocol is a decentralized exchange that has done very well in the market at a four hundred million dollar market capitalization. Injective Protocol will be going on their main net soon, they have been doing nothing else other than delivering on their technology, and they have many partners. It is a layer two, decentralized exchange. It is very important to have access to decentralized finances without paying hundreds of dollars for fees to swap the Ethereum main net.
Injective Protocol is doing crypto, stocks, forex, and several kinds of markets and futures. The current market capitalization of injective Protocol is about four hundred million dollars which means that it can easily do a 10x or more. The moment the main net launches, we will see real demand and real users coming in for the token.
The main net is meant to launch in Q2; we are close to the end of May, which means that we will soon see Injective Protocol launching on its main net, and the launch will be a big price catalyst for this cryptocurrency.
Next on the list is QuickSwap; it is the UniSwap of the Polygon network. Polygon has been going crazy these past few weeks and has also reached a new all-time high. QuickSwap is currently the biggest decentralized exchange on the Polygon network. It is a quick swapping service where you can also be a liquidity provider; most pools pay more than a hundred percent APR rewards. It is a good opportunity for people who have been liquidity providers on QuickSwap; unlike UniSwap, being able to provide liquidity is cheaper on QuickSwap. People love the Polygon network because of the cheap fees, and it is not surprising that it is why the price of Polygon has been going crazy lately.
The third coin on the list is Linear Finance; it is a synthetic asset protocol. It is a cross-chain compatible Protocol that allows you to bring in any asset at a synthetic level. Linear Finance allows you to do cryptocurrencies, commodities, and themed indexes. Linear finance has been integrating different blockchains, and they have been delivering on technology.
The current market capital for Linear Finance is at 171 million dollars which means that it has a lot of room left to grow because its closest competitor, Synthetix, has 20x the market capital of Linear Finance.
Linear Finance as a small market capital coin is one of those potential 10x coins that you can see being worth billions within a reasonable period. The price will continue to rise as the Protocol grows and more users come in to trade synthetic assets.
