This is the ‘easiest and surest’ 10x to 30x play in crypto, says investor 
Cryptocurrency Nov 20, 2024 Share
As what could be “the biggest crypto bull run ever” develops, investors are looking for high-growth potential solid investment plays. In this context, Alex Becker shared what he believes is “the easiest and surest” play for ten to 30-fold returns.
Becker is a well-known crypto entrepreneur, CEO of Hyros, and co-founder of Neo Tokyo, with over 1 million followers. As for his recommendation, the investor believes “utility altcoins” offer the best investing opportunity, although they are “not sexy.”
“People don’t understand the utility play. It’s not sexy but its the easiest & surest 10-30x in crypto,” he said. “This is almost certain. The tech (and games) in these spaces are just getting to damn good and essential.”
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According to him, gaming, decentralized physical infrastructure networks (DePIN), real-world assets (RWA), and artificial intelligence (AI) will be adopted soon. These sectors, in Becker’s opinion, will enter the mainstream and drive massive speculation to related cryptocurrencies, fueling demand.
Is ‘utility crypto’ a better investment play than memecoins?
Diving further, Alex Becker compared the utility investment with memecoin trading, which currently has the headlines around crypto. He explained that investors could be confused about why utility altcoins are not “pumping” as much as the memecoins.
Differently from the memecoins that go by the “greater fool” game theory, benefiting purely from buzz and greed, utility cryptocurrencies require organic demand to perform – or at least the expectation that demand will eventually surge.
For that, these projects must be adopted. Interestingly, Becker is optimistic that the adoption of these sectors is “nearly guaranteed.”
The key confusion here is people see memes pumping and think “oh obviously utility is done” or “why utility not pump”
It’s because we need to tech to be adopted. People are not going to just fomo into utility till there is a narrative to chase (and thus also be late to it).…
— Alex Becker 🍊🏆🥇 (@ZssBecker) November 20, 2024
Memecoins, on the other hand, will often fall into the “rug pull” category, similar to what Finbold reported this morning. As covered, a kid fooled other traders into buying his recently created Gen Z Quant (Quant), immediately selling it all.
However, it is important to understand that, like investing in startups or stocks, seeking utility will not guarantee returns. Investors must understand the risks and apply proper strategies to thrive in this ecosystem that can reward smart money plays.
