Cryptocurrency analysts share altcoins, which they think have a huge increase potential, with their followers from various platforms. Joe Parys, one of the popular analysts of the market, also shared 2 altcoins, which he expects to increase up to 100 times, with his followers.

Here are Joe Parys' analysis of two altcoins, SundaeSwap (SUNDAE) and AstroSwap (ASTRO), which he predicts will increase in price by up to 100 times;

SundaeSwap (SUNDAE)

SundaeSwap, a decentralized transaction protocol on Cardano, can be defined as a native, scalable decentralized exchange and automated liquidity provisioning platform. According to the statements made, SundaeSwap will basically work very similar to other decentralized exchanges.

SundaeSwap

SundaeSwap (SUNDAE), like other decentralized exchanges (DEXs), uses smart contracts to match token trades between users and distributes a portion of trading fees back to the investors who provide liquidity to the platform, a process broadly known as ‘yield farming.’ Exchange users can earn SUNDAE rewards in the first six months following SundaeSwap’s launch. However, the launch remains a beta rollout with limited features and expected trade matching times of “hours to days” initially.

Parys states that the fact that SundaeSwap will work on Cardano is an important point, and therefore, the SUNDAE token has a great increase potential. To invest in the SUNDAE token, investors can join the ISO and staking, buy the SUNDAE token with yield farming, or buy on the exchange.

astroswap

AstroSwap (ASTRO)

Another decentralized exchange that will launch very soon is AstroSwap. This second project that the analyst is focusing on is also working on Cardano. According to the statements made, the IDO of the project will be released exclusively for Adapad. In addition to these, AstroSwap has a staking operation and it is stated that the exchange, which will be traded with AstroSwap tokens, will meet with the user soon.

The project has a market cap of just $42 million, according to analyst Joe Parys, so AstroSwap could be an incredible opportunity. According to the analyst, after the implementation of the project, the price of ASTRO could rise up to $ 0.5.