Anyone who got into crypto at its peak in 2017 is deep in losses at this point. That’s because most altcoins are down by over 90% from their all-time highs. However, for those getting in now, it is an opportunity of a lifetime. That’s because, once the market rebounds, it could easily outdo its 2017 highs.
Crypto history supports such a possibility, and there is no denying that fundamentals way much better than they were in 2017. Based on these conditions, Tron (TRX) and NEM (XEM) come across as cryptos that have what it takes to create tremendous wealth for investors in the future, and without necessitating a huge investment. Let’s use a capital investment of $30k as an example.
Tron (TRX) is trading at a massive discount from its all-time highs. An investment of just $30k invested in Tron (TRX) would lead to a massive payoff if Tron (TRX) hits just $0.20. Such an investment would have a payoff upwards of $200k. This is huge money in any country, and can lay the ground work for more investments that could be turned into millions of dollars.
The possibility of Tron hitting such a valuation is quite high. That’s because, since 2017, Tron has made lots of progress. In that period, Tron (TRX) launched its mainnet, bought and integrated Bittorent, got listed on multiple exchanges and also got multiple Dapps running on its blockchain. This makes Tron (TRX) a high potential crypto investment at current prices, considering that it hit its 2017 highs when it had none of these. Therefore, the possibility of Tron (TRX) testing $0.20, or even more, within a reasonable timeframe is high, and turn a $30k investment into significant wealth for an investor.
Like Tron (TRX), NEM (XEM) is now trading at a massive discount relative to its 2017 prices. However, its fundamentals have been getting better over time. For instance, NEM (XEM) is gaining recognition outside of its base in Japan. Last year, the NEM team was in talks with the national bank of Ukraine about its integration into the bank as a way of enhancing efficiency. NEM (XEM) is also working with ripple and other blockchains in helping streamline regulations in the EU.
This is a move that could open up its adoption within the EU market, which is one of the most important markets in the world. NEM applications are also on the rise, especially in Japan and other Asian countries such as Thailand. With such potential, NEM (XEM) has the potential to rise way past its all-time highs. In essence, the possibility of a $30k investment turning into more than $500k or even a million dollars is quite high. It’s popularity in Japan, a huge crypto market, could add to the momentum in a bull market.
The high probability for gains by the two cryptos also means that even someone with little to invest can still transform their lives, without the necessity for extreme price moves by these cryptos.