Altcoins
Here Are The 24 Best Altcoins Under $1 With 100x Growth Potential
Popular crypto 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 looking forward to a bullish period marked by rising cryptocurrency prices. However, the current market performance is far from these expectations.
Experts identify opportunity amid falling prices
Bitcoin (BTC), which influences the performance of the broader market, recently showed signs of a significant recovery earlier this week. The leading crypto asset surged to $69,987 on July 29. However, this rally was short-lived as Bitcoin fell below the $66,000 price limit the following day.
As expected, the Bitcoin crash has also had a negative impact on other cryptocurrencies, whose prices have also declined. Interestingly, most market analysts believe that the recent decline offers investors an opportunity to acquire tokens at discounted prices in anticipation of what could potentially be the biggest rally in history.
According to these experts, Bitcoin and Ethereum spot ETFs will differentiate the ongoing bull run, which is currently in a consolidation phase, from previous ones.
Top 24 Altcoins Under $1 Poised To Surge 100x This Year
Given this prevailing sentiment, investors are faced with the challenge of identifying which tokens are worth investing in. Hence, Coinpedia Markets Underlines a list of 24 altcoins under $1 with the potential to climb between 1,000% (10x) and 10,000% (100x) this year.
Additionally, the remaining altcoins under $1 with high growth potential 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 are expected to see a rise of at least 1,000% this year. However, the analytics platform did not highlight any factors that could propel this remarkable rise.
Although they did not indicate the catalyst for this surge, investors believe that the much-anticipated bull run will begin this year, leading to a remarkable peak in cryptocurrency prices.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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