With the cryptocurrency market preparing for its next bull run, several altcoins are emerging as strong candidates for significant returns. According to crypto analyst Matt’s Crypto, these are the top 10 altcoins to consider. Let’s dive into each one and see what makes them stand out.
Pepe (PEPE)
Pepe, a standout in the meme coin sector, has skyrocketed over 20x since May 2023. With a current market cap of $5.2 billion, projections suggest it could surge up to $50 billion, potentially yielding over a 10x return. Pepe is now priced at $0.000013 and ranks 22nd position in the crypto market. With a bullish turnaround in the daily chart, the PEPE price action shows a massive uptrend as the crypto market grows. In 2024, the meme coin has given almost 1000% YTD growth and continues the uptrend with increasing demand.
Dogwifhat (WIF)
Dogwifhat is gaining traction despite its limited use. Matt predicts it could follow Shiba Inu’s success, potentially reaching a $35 billion market cap and delivering around 13x returns. Priced at $0.33 and ranked No. 2244, WIF shows promise. As 2024 progresses, Dogwifhat could approach the $1 mark.
Render (RNDR)
Render, now on Solana, merges AI with blockchain technology. Currently valued at $2.6 billion, it’s expected to grow to $20-$25 billion, offering nearly 10x returns. Render is priced at $11.12 and holds the 26th spot in the rankings, making it a notable player in the AI and blockchain space.
Bonk (BONK)
The top Solana-based meme coin, BONK, has a promising price trend in the daily chart, teasing a massive surge impending in the coming days. It has appreciated 8,000% over the past year. It’s projected to reach a market cap of $10 billion, translating to a 5x return. Bonk is currently priced at $0.000032 and ranks No. 55. As the Solana ecosystem grows, the BONK is expected to trend more in the crypto world. Considering the hype explodes, the altcoin could reach the new ATH soon.
Say (SAY)
Say, a new layer-1 blockchain, has a market cap of $1.2 billion and is expected to grow significantly. It could potentially reach a $12 billion market cap, offering a 10x return. As a newcomer, Say’s growth potential is noteworthy.
Beam (BEAM)
Beam, a Web3 gaming token, is well-positioned to benefit from the expanding gaming industry. Valued at under $1 billion, its market cap could rise to $8 billion, providing around 9x returns. Priced at $0.03 and ranked No. 67, Beam is set to capitalize on the growing gaming market.
Oxo (OXO)
Oxo focuses on artificial intelligence and has a market cap of $170 million. Matt believes it could grow to $2 billion, offering a potential 11x return. As interest in AI increases, Oxo is expected to see significant growth.
Node AI (GPU)
Node AI, with a market cap of $100 million, has shown strong short-term gains. It’s projected to reach $2 billion, which could mean returns of about 20x. With a current price of $1.43 and ranked No. 380, Node AI offers intriguing investment potential.
Echelon Prime (PRIME)
Echelon Prime powers the Parallel game ecosystem and combines AI with Web3 gaming. After peaking at $28, it’s now around $6. Matt expects it to reach a $3 billion market cap, offering returns of 5x to 10x. Priced at $19.50 and ranked No. 111, Echelon Prime is set for growth.
Solana (SOL)
As a growing layer-1 token, Solana shows a bullish trend in motion and a massive uptrend in 2023 and early 2024. Despite the recent volatility, Solana is considered a safer investment with significant upside potential. Matt expects its market cap to expand to $300 billion, offering a 3x to 4x return. Solana is currently priced at $180.74 and ranks No. 5.
As the bull market picks up steam in 2024, these altcoins are primed for exceptional returns if current trends continue.
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Which of these altcoins are you most excited about? Let us know.