Will this very new coin be the next crypto to 1000x? Santa Coin Analysis | What is Santa Coin?

Does Santa Coin have any Potential?

As anyone who is in the cryptocurrency market knows a very fast but also very risky way to quickly get extremely massive gains of like 100x is to buy into a small altcoin before it gets popular. This is obviously a very risky thing to do because you never know if a new cryptocurrency will go up or go to zero. Santa Coin is a cryptocurrency that has been out for only a couple days and recently pumped up but has come down by about 50% since then. If Santa coin is a good cryptocurrency it may be the next coin that gives 1000x gain to those who bought in quickly but it may also be a total scam.

What is Santa Coin? 

Santa Coin is a new coin that claims it gives those who hold the coin BUSD rewards. Right now that’s all Santa Coin seems to be as the project that they advertise has not been rolled out yet or at least it isn’t available to the public.

According to its website, the main utility of the project is their “play-to-earn racing Santa game” in which the Santa non-fungible collectible tokens will allow the player to participate in a game where they can play to earn real life money. Appearently in the game the player will be reward for their skills with money. Also, the “core gameplay assets” in the game can be owned and used by players in the game itself or they can be traded or sold. 

Santa Coin Chart

In theory this is a pretty cool and unique idea that has not been seen before but in light of all of the rug pulls that have occurred in the past couple of months in the crypto space with coins such as Squid, it is hard to put money into a completely new project that has only been around for a couple of days. 

Santa Coin is a bit suspicious

Firstly the coin claims that as long as you hold it they will give you money which in of itself seems like the type of thing that is too good to be true. Also, they have made a roadmap for the project but it seems to be a bit too ambitious as they claim that their game will launch in February 2022, less then a year after the project was conceptualized in September 2021. Overall Santa Coin seems to be a little too good to be true and unfortunately there is no way to 100% confirm its validity, the only thing that can be done is to wait and see what happens. 

Right now another small altcoin that may blastoff and give 15x+ gains is Bloktopia (BLOK). You can read our full price analysis of BLOK by clicking here. 

Bloktopia ($BLOK) price Shows EXTREMELY BULLISH signs at support zone to blastoff to 1$ | BLOK Price Analysis

Bloktopia

Bloktopia is a new cryptocurrency that has been recently listed on the market and has already gone up a lot in price so it has been gaining quite a bit of traction and that combined with the hype that is surrounding BLOK’s project, means that this new altcoin has become very popular in the last few days. According to our analysis Bloktopia is showing extremely bullish signs that it is ready to take off to reach the $1 price range.

Bloktopia Analysis shows Bullish Signs in short-term

As you can see in the chart below, currently Bloktopia is showing very bullish signs that indicate it may be starting to enter the next phase and going up to the $1 mark! Right now Bloktopia is pretty much about to.. Read the full article by clicking here 

For more cryptocurrency price analysis and predictions check out our cryptocurrency page where you can read about Cardano, Shiba Inu, XTZ, 1Inch, and more. 

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Technology, Investment, Blockchain, Crypto, Cryptocurrency, Santa Coins, SANTA, $SANTA,  SANTA Crypto, New Coins, New Cryptocurrencies, New Altcoin, Cryptocurrency Analysis, Crypto Price Prediction

Ali F
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