Investors are constantly looking for the best opportunities to increase their wealth. The risk-reward ratio is completely different. At the same time, the demands also vary. While some investors are satisfied with an annualized return of 6-8% for long-term wealth accumulation, there are also assets with a higher upside. Appropriate diversification naturally reduces the risk here. Potential 10x or 100x coins should not be the focus of the portfolio, but they can significantly increase the return.
Now the leading asset manager VanEck drew attention to itself with a bullish Ethereum price forecast. Because according to VanEck, investors could theoretically have made $100,000 in a few years with an investment of $3,000.
Wall Street Memes (WSM) might be a good idea for those looking for even more returns. Because here even an investment of $1,000 could be enough for a significantly stronger performance. Can you become a crypto millionaire with $1,000?
Learn more about Wall Street memes
VanEck bullish on ETH: $3,000 becomes $100,000
Bullish price forecasts with sometimes improbable price targets are wandering through the digital world for probably every cryptocurrency. However, this time it could be different. Because with VanEck it is not an unknown crypto influencer, but one of the leading global asset managers who sees Ethereum strongly bullish. The calculation of a fair price for Ethereum is done with the future cash flows of Ethereum, from which the valuation results comparable to the stock market.
Accordingly, in the bullish scenario, Ethereum could generate $136 billion in cash flow in 2030, resulting in a price target of $51,000. That brings the return to around 3000%, turning $3,000 into a whopping $100,000. Also included is deflation, which reduces the tokens in circulation.
The bullish forecast is based on a simple premise. Because the Ethereum adoption would have to progress and in the scenario presented would cover around 10% of the financial, metaverse, media and technological infrastructure. Furthermore, Ethereum is likely to remain the leading Layer 1 at around 70%. Should all of this happen – which doesn’t seem unlikely – Ethereum could surge to around $50,000, lucratively rewarding early investors in 2023.
Become a Crypto Millionaire with $1,000 in Wall Street Memes
While Ethereum is undoubtedly a basic investment in the digital currency market and with a current market capitalization of around $200 billion the upside seems more moderate, there are also numerous high-risk reward coins that could multiply the initial investment even more. An exciting choice that is currently experiencing its first viral hype is Wall Street Memes. Can $1,000 in WSM make the inclined investor a crypto millionaire?
Wall Street memes is a new meme coin that builds on a long-term trend. Because since GameStop, nothing in the financial world is like it used to be. Small investors unite against the financial elite and believe in their own movement, which Wall Street Memes relies on. This approach has enabled the project to garner over a million social media followers who are potentially buying or pumping WSM. The fact that this idea is promising is shown by the rapid advance sales. Because in about three weeks already 8 million $ flowed into WSM.
Of course, it doesn’t seem the most likely scenario that the WSM token immediately pumps so much that an investment of $1,000 becomes $1 million. Nevertheless, this cannot be ruled out. For most investors, fractions of this yield should be enough to define an attractive setup. Because the viral hype, the fair tokenomics and the exciting vision indicate 10x potential in a few weeks. With an investment of $1000, it would still be $10,000 – a return that is probably unparalleled.
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