These Soaring Cryptos Could Help You Retire Early
What makes investing in cryptocurrencies so attractive for many is the potential for almost unlimited upside. Even cryptos that have already seen 10-fold returns could still have another 10-fold in them as soon as the next bull-market rally arrives. Because so many cryptos are trading at rock-bottom prices right now, many of them could reclaim former highs as soon as market sentiment improves.
But we're not just looking for cryptos with the potential to double or triple in value. We're looking for the types of investment plays that can transform you into a crypto millionaire. Choose the right crypto, and you could be retiring early. Polygon (CRYPTO: MATIC), Cosmos (CRYPTO: ATOM), and Chiliz (CRYPTO: CHZ) are three cryptos that should be on your investment radar right now.
At the top of the list is Polygon, which is the top Layer 2 scaling solution for Ethereum (CRYPTO: ETH). By investing in Polygon, you gain access to all the upside potential of Ethereum but at a much lower price entry point. Ethereum has traded almost as high as $2,000 this summer thanks to all the positive sentiment surrounding the Merge, a project to improve the blockchain. In contrast, Polygon is still trading for less than a buck. At that low price, it's perhaps no surprise that Polygon more than doubled in value this summer as investors sought out additional ways to make money on the Merge.
Source Fool.com