305x Limitless price prediction is extremely bullish as is Arthur Hayes for LMTS

Advertisement / Advertising

Limitless is a cryptocurrency that's still very cheap and has great potential, as it's the leading prediction market on the Base Chain. This is why crypto expert Arthur Hayes has included it in his portfolio. Find out why LMTS could soon increase by 305x in the following Limitless price forecast.

Today's announcement by leading prediction market platform Polymarket that it will return to the US market within the next few weeks , as well as efforts on the Binance Smart Chain in this area, have rekindled interest in InfoFi coins.

According to Dexu, prediction market coins were the most profitable crypto sector of the day today, with an average price gain of 8.12% , while most others suffered losses. This is partly due to the fact that only three tokens are currently listed in this category on the website.

Today alone, Limitless (LMTS) rose by 9.35% to USD 0.3717 , while Azuro Protocol (AZUR) rose by as much as 10.52%. This is due, among other things, to the significantly lower market capitalization, with AZUR at only USD 1.9 million and LMTS at USD 49.3 million .

According to a list of the best apps by Base, Limitless is also in second place , with a score of 1670 and 86.27% positive votes out of a total of 168. Among the prediction market coins, however, LMTS only ranks second, as Gnosis has a valuation of USD 358.93 million.

Save now with Limitless Investment!

In addition, there are other prediction market projects, of which Polymarket was the leader for a long time, but was recently overtaken by Kalshi, with a 46.1% share of notional volume compared to 45.1%. Limitless currently has a market share of just 0.4%, having peaked at 2.5%.

By contrast, market volume had already reached 12.6% in September of this year, weekly transactions had reached 7.5%, and weekly active users had reached 24.1%. One reason for the significantly lower share is that Polymarket and subsequently Kalshi recently implemented sports betting, which accounts for more than 90% of the volume.

Prediction Markets | Source: Dune - @dunedata

Nevertheless , Limitless also shows increasing volume, at times reaching 15 times higher than at the turn of the year . Although it has declined somewhat, it is still the largest prediction market on the leading Ethereum Layer 2 platform . Therefore, greater adoption can be expected in the future.

However, more and more competitors are emerging, such as on the Binance Smart Chain, increasing competition. If volume can be driven to Polymarket's level of nearly USD 200 million per day, comparable valuations are also conceivable.

According to Reuters, Polymarket is currently seeking another round of financing, which would increase its valuation from USD 8 billion to between USD 12 billion and USD 15 billion. This could increase LMTS's valuation by 244x to 305x instead of 162x . Arthur Hayes' involvement in the project could also play a role.

Invest in Limitless early now!

While the prediction markets focus on a specific crypto sector, the entire Web 3 ecosystem is accessible via the Best Wallet . It's a multichain wallet that supports more than 60 blockchains . This gives you access to virtually all prediction markets and more.

In addition, the application replaces numerous other services, all of which are presented in a particularly beginner-friendly manner, allowing everyone to benefit from the advantages of Web 3 without being a tech expert or programmer . At the same time, it offers very high security with a range of advanced protection methods.

Instead of constantly switching between wallets, exchanges, or other services, transactions and their associated costs can be saved, saving time and fees . Moreover, there's an advanced infrastructure under the hood that integrates over 330 DeFi and 30 cross-chain protocols , among others, to offer the best rates .

Tokens can be purchased, traded, and resold, with support for more than 100 fiat currencies . It's also possible to stake the coins for additional returns via the staking aggregator , with some of the highest returns available virtually without any additional investment required.

Those who want to position themselves in cryptocurrencies during the early stages can do so particularly well via Upcoming Tokens, where the best new presales are included after passing the screener. Numerous other services are expected to be added soon, including derivatives, savings plans, bank cards, and more .

Due to its extensive feature set and the potential for high profits, as well as the benefits associated with the BEST coin, such as fee discounts and higher staking interest, the project has already raised more than USD 16.70 million in its presale. Long-term investors can also stake it to earn a dynamic 79% per year.

Visit Best Wallet now!

Investing is speculative. Your capital is at risk when investing. This website is not intended for use in jurisdictions where the trading or investments described are prohibited and should only be used by persons and in a manner permitted by law. Your investment may not be eligible for investor protection in your country or state of residence. Therefore, please conduct your own due diligence. This website is provided to you free of charge; however, we may receive commissions from the companies we feature on this website. Furthermore, the author may be personally invested in the assets, which could create a conflict of interest.