Bitcoin and Ethereum hit their lowest points, and the market is expected to take a U-turn and position itself with a quick increase back to its all-time high, similar to the rise, followed by a dip in mid-July last year. The established cryptocurrencies have doubled in value in around four weeks, from July to September. The real rise is to be discovered somewhere else, and the indications are crystal clear only if you are aware of what to search for.
The cryptocurrency market has had a total value of more than $1 trillion wiped out ever since the all-time high by the end of November 2021. Although there was a huge dip in the market, it continues to trade at about thrice of its value in January 2021, as stated by CoinMarketCap. While BTC and ETH are still dominating the market, cryptocurrencies outside the top 10 have experienced growth levels that have doubled in the market, from below 10 percent of the total value to more than 22 percent in 12 months.
Projects like Shiba Inu (SHIB) and Safemoon (SFM), which has recently moved to V2, have been dominating the market since 2021 with annual returns of more than 100,000,000 percent for SHIB while 1,000,000 percent for Safemoon V1. If you had invested a little more than $1 in Shiba Inu in mid-September 2020, you would have become a millionaire by the end of October 2021. So, what would be the value of the next SFM or SHIB in 2022? Let’s find out.
One way to figure out the potential value of any project is to determine the Liquidity to Market Cap ratio (LQ:MC). This ratio shows substantial room for growth when the two values (Liquidity and Market Cap) are closer to each other. This ratio for Shiba Inu stands at approximately 1:4000, according to DexTools data, and for Safemoon, the ratio is quite similar, standing at about 1:6000. Both these ratios are comparatively low, largely owing to the substantial growth in overall market value that these projects have achieved in the past 12 months.
If you compare these ratios to the newer projects that have been launched recently, you will see that the ratio stands at 1:1000 for the new Ethereum launch of the HUH (HUH token) whereas 1:100 for BRISE (Bitgert token). These tokens are considered potential gainers in the current year, 2022. The ratios indicate a prospect for a substantial increase but not as high as SHIB or SFM.
One of the most promising and newest projects launched in 2021 was APEBUSD (ApeBUSD token). It is a rewards and charity token with great potential to support several primate charities worldwide. The token also pays its investors and traders regular rewards and bonuses in BUSD for holding and trading the currency. Although the ApeBUSD has experienced certain issues with its launch, the ApeBUSD core team has persevered and established a greater level of transparency, faith, and trust with its early investors.
A great opportunity comes with this project, determined by looking at its ratio (LQ:MC), standing at 1:2 or below. Unlike the other ratios mentioned above, the ApeBUSD LQ:MC ratio shows a sign of tremendous undervaluation with a high growth likelihood as more traders and investors discover the real potential of ApeBUSD in 2022.
Find more about the growth potential of ApeBUSD on the official website and stay updated and connected on their Telegram platform.