This morning started quite epic – Elon Musk’s Tesla Inc. said that it has acquired $1.5 billion in bitcoins in January. Furthermore, according to the fillings done by Tesla, they plan to accept bitcoin as payment for its products. This catapulted the whole market and BTC reached its new All-Time-High at $44000!
Meanwhile, Ethereum moved closer to my first sale target at $2000: only $250 separated me and my first 30% ETH exit point. However, in this particular report, I would like to talk about something else – Airdrops, altcoins, and DeFi projects.
Apparently, there are numerous rumors and speculations that some large crypto projects will airdrop their own tokens. I decided to mention three large projects which in my opinion can potentially give up to 5000% returns. Again, none of these projects have confirmed their own token, hence consider this as my speculation and mental entertainment.
Enough speculations. What about existing tokens? Some of you are asking about good tokens, which might be still a good pick in midst of this bull market. Considering the continuation of the bull run, I decided to add some tiny money into altcoins which are currently undervalued, in comparison with other tokens that already made x50-x100 returns.
Some of you also requested me in the chat to tell you more about possible “small-cap hidden gems”. While this is not financial advice, I made some research and located more or less interesting tokens that can have parabolic growth:
The Benchmark token (MARK) is a supply-elastic, collateral utility ERC-20 token. It injects liquidity during periods of high volatility in correlation with global equities markets. This creates a unique, adaptive supply mechanism to optimize value and stability. In simple words: this protocol helps to withstand liquidation events during periods of high volatility by removing or adding tokens to total supply by conforming to capital markets, volatility driven trading activity. This is one of the first tokens to provide such a service and seems like its trading volume is already reaching over 2 million USD. Another interesting detail – Coinshares is listed as their main investor, which is a good indication. This project can make its way to top-100 during the next DeFi cycle. Total token supply: 71,242,527. The current price per token: $2.30, and it can be traded on UniSwap. Currently, I do no hold this token, BUT it has lots of potential in my opinion. If you want to read more about this token, you can read this article
BarnBridge – is a unique project that tokenizes DeFi risks: it does so by accessing debt pools on other DeFi protocols and transforming single pools into multiple assets with varying risk/return characteristics. It might be difficult to understand the concept and problem that BarnBridge solves, but it’s a multi-billion problem that can be solved. If you are interested to know more, I recommend you to read in this article
This token has a decent trading volume and low token supply – only 10 million tokens in total.
Once I will cash out some of my ETH at $2000, I will re-allocate some of those funds into stocks to make my asset allocation more diversified and risk-averse since it’s recommended not to hold over 20% of your wealth just in one asset.
There is a specific industry, which in my opinion might reward well, despite high risks associated with this country. I am talking about Chinese Electric Vehicles.
The reason why I am less skeptical about them than many Americans is that there were already 2.58 million battery electric vehicles in China, compared to just 0.97 million in Europe, and 0.88 million in the USA, in 2019, according to the International Energy Agency. While it’s difficult for China to get rid of its “cheap stuff” image, China offers an opportunity for hundreds of millions of people worldwide to switch to EVs at a much lower cost than its European and American counterparts. Now, these stocks might take about 4-7 years to unleash their potential, but it’s definitely worth at least taking a look at them.
So what are those stocks?.
Nio Inc(NYSE: NIO) – currently I have some
Auto Inc. (NASDAQ: LI) – plan to purchase
Xpeng Inc – ADR (NYSE: XPEV) – plan to purchase
So what do we know about these companies so far, besides that they are Chinese EV companies?
Nio is a Shanghai-based EV company and it belongs to China’s premium electric vehicle market. The company focuses on the production of smart and connected premium electric vehicles, autonomous driving, and artificial intelligence. In other words – it’s Tesla’s Chinese cousin. According to the report, The NIO reported a total of 7,225 vehicle deliveries for the month of January. This figure represents a record number of vehicle deliveries, which is a 352% growth from the last year.
Li Auto focuses on a new energy vehicle market and was one of the first to successfully launch The company is the first to successfully commercialize extended-range electric vehicles in China. Li Auto reported a 355.8% year-over-year gain in vehicle deliveries in January. The Beijing-based EV maker delivered 5,379 Li-One vehicles for the month.
And finally, Xpeng – one of EV leaders in the Chinese market made a total of 6,015 vehicle deliveries for the month, which is a 470% year-over-year increase.
In my opinion, Chinese EV companies can be quite profitable due to the growing hype around EV companies, and can definitely see another 1000% growth in the following years.
Summary: I still remain very bullish on the 2021 market, and anticipate my overall portfolio to make another 200-300% growth in the following months. Do not forget to take your profits during the bull ride, as you don’t want to be without a chair when the music stops. I also would like to remind everyone that we have a monthly market report & analysis prepared exclusively by our team that you can sign up for by sending an e-mail titled Market Analysis to media@thefutureisnow.community.
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