Markets
Here are the 24 best altcoins under $1 with 100x growth potential
Popular cryptocurrency analytics platform Coinpedia Markets provides a curated list of the top 24 altcoins under $1 with the potential to grow between 10x and 100x this year.
Investors are eagerly awaiting a bull run characterized by rising cryptocurrency prices. However, the current market performance is far from these expectations.
Experts Spot Opportunities Amid Falling Prices
Bitcoin (BTC), which influences the performance of the broader market, recently showed signs of a significant rally earlier this week. The leading cryptocurrency surged to $69,987 on July 29. However, this rally was short-lived, as Bitcoin plunged below the $66,000 territory the following day.
As expected, Bitcoin’s crash has had a negative impact on other cryptocurrencies, which have also seen declines in their prices. Interestingly, most market analysts believe that the recent decline represents an opportunity for investors to acquire tokens at discounted prices in anticipation of what could potentially be the biggest bull run ever.
According to these experts, spot Bitcoin and Ethereum ETFs will differentiate the current bull market, which is currently in a consolidation phase, from previous ones.
Top 24 Altcoins Under $1 Poised For 100x Surge This Year
Given this prevailing sentiment, investors are faced with the challenge of identifying tokens that are worth investing in. As a result, Coinpedia Markets highlighted a list of 24 altcoins under $1 with growth potential between 1,000% (10x) and 10,000% (100x) this year.
Altcoin under $1 with 100x potential
The top ten altcoins on the list include Shiba Inu (SHIB), Ondo (ONDO), Dogecoin (DOGE), Cardano (ADA), Kaspa (KAS), Floki (FLOKI), Pepe (PEPE), Stellar (XLM), Tron (TRX), and Bonk (BONK).
Additionally, the remaining altcoins under $1 with strong growth potentials up to 100x are Brett (BRETT), Mog Coin (MOG), The Graph (GRT), Hedera (HBAR), Beam (BEAM), Turbo (TURBO), Ponke (PONKE), Jasmy Coin (JASMY), Myro (MYRO), Notcoin (NOT), Duko (DUKO), Fantom (FTM), Apu Apustaja (APU), Pyth Network (PYTH).
According to Coinpedia Markets, these tokens have seen a surge of at least 1,000% this year. However, the analytics platform has not highlighted any factors that could be driving this significant surge.
While it does not indicate the catalyst for this surge, investors believe the long-awaited bull run will begin this year, leading to a notable peak in cryptocurrency prices.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the personal views of the author and do not reflect the views of The Crypto Basic. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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