In the ever-expanding universe of cryptocurrencies, the opportunity for smart investments with lucrative returns is always just around the corner. This article delves into three promising cryptocurrencies – Cardano (ADA), Stellar (XLM), and NEAR Protocol (NEAR), currently priced under $3, that have the potential to deliver a robust Return on Investment (ROI). Let’s take a closer look at these crypto gems and the calculations that support their growth potential. Let’s take a look at this top 3 cryptos under $3 to watch now.
Top 3 Cryptos under $3 to Watch
Cryptocurrency is a rapidly evolving space, with new opportunities arising every day. In particular, Cardano (ADA), Stellar (XLM), and NEAR Protocol (NEAR) stand out as top prospects. Cardano, currently valued at $0.2715, is a blockchain platform that uses a proof-of-stake consensus protocol, promising scalability and sustainability. Stellar, with its token priced at $0.1034, aims to revolutionize cross-border transactions by making them more efficient and affordable. Finally, NEAR Protocol, presently trading at $1.35, is an up-and-coming player in the realm of decentralized applications, bringing novel solutions to enhance user experience and scalability. These three cryptocurrencies, each with their unique propositions, are primed for future growth and can potentially offer a robust return on investment. The following are the top 3 cryptos:
1) Cardano (ADA): The Future’s Backbone
ADA/USD Weekly- TradingView
Present Price: $0.2715
Cardano, a blockchain platform built on a proof-of-stake consensus protocol, has been gathering considerable attention due to its unique layered architecture. Its ADA token, currently valued at $0.2715, has a substantial room for growth.
Let’s break down the potential ROI:
Consider investing $1,000 in ADA at the current price. This investment will yield approximately 3,683 ADA tokens.
Now, assuming Cardano reaches its 2023 prediction of $3 per token, this investment would be worth roughly $11,049, a significant return indeed. In other words, for every dollar invested today, you could potentially reap about $11 in return, making Cardano a promising investment.
2) Stellar (XLM): Facilitating the Future of Cross-Border Transactions
Present Price: $0.1034
Stellar’s XLM, at a paltry $0.1034, is another cryptocurrency with considerable potential. Stellar’s goal is to enable cheaper, quicker, and more reliable cross-border transactions, which has been gaining momentum in recent years.
How about the ROI calculation for XLM?
With a $1,000 investment at the current price, you would receive approximately 9,671 XLM tokens.
Now, if Stellar reaches its conservative forecasted price of $2 by 2023, your initial investment would swell to about $19,342. That’s an almost 20-fold increase on the initial investment, positioning Stellar as a compelling investment option.
3) NEAR Protocol (NEAR): Decentralizing the Future
Present Price: $1.35
NEAR Protocol, with its current price at $1.35, is a rising star in the decentralized application (dApp) platform space. Its unique sharding and staking mechanism gives it an edge over many competitors.
Let’s crunch the numbers:
An investment of $1,000 would give you around 740 NEAR tokens.
With conservative estimates suggesting that NEAR could hit $10 by 2023, your investment could potentially grow to $7,400, yielding a seven-fold return on your initial investment.
Top 3 Cryptos: Time to Invest is Now
As cryptocurrencies continue to gain widespread acceptance and integration, the potential for return on investment is at an all-time high. Cardano, Stellar, and NEAR Protocol all offer unique selling points and promising futures that suggest they could become major players in the market. While the exact figures will depend on various factors and market trends, the growth potential of these coins cannot be overlooked.
Remember, the key to successful investing is a balanced portfolio. Investing in these undervalued cryptocurrencies now could provide the kind of returns that dreams are made of. As always, be sure to do your own research and consider your financial situation before making any investments.