Top 3 Cryptocurrencies Under $0.10 That Could Surge in 2024

The cryptocurrency market seems to be recovering from the recent sell-off. Bitcoin (BTC) has reclaimed the $43k level, and other assets are following behind. Many analysts anticipate a bull market for the crypto sector in 2024, fuelled by the SEC’s (Securities and Exchange Commission) recent spot BTC ETF (Exchange Traded Fund) approval and BTC’s halving in April.

Also Read: Top 3 Cryptocurrencies That Could Rally After Bitcoin Halving

With that in mind, let’s look at three crypto assets under $0.10 that could surge in 2024, given we enter a bull market.

Top 3 cryptocurrencies under $0.10 that could surge in 2024

Shiba Inu (SHIB):

Shiba Inu
Source – CoinCodex

It is no surprise that SHIB is one of the most popular cryptocurrencies in the market. The asset has turned many early investors into multi-millionaires. However, SHIB’s price has struggled after its 2021 peak. Regardless, fans and investors hope the memecoin will regain lost traction in 2024. If we enter a bull market this year, we may see SHIB surpass its all-time high of $0.00008616. Moreover, the SHIB team is working on a new burn mechanism, rumored to remove trillions of tokens yearly. The burn mechanism could significantly reduce the cryptocurrency’s supply and push its price.

Dogecoin (DOGE):

Dogecoin (DOGE) Price Prediction: December End 2023
Source: NewsBTC

Dogecoin (DOGE) is another popular memecoin that could surge in 2024. There is a lot of talk about Elon Musk’s X platform having DOGE in its upcoming payments feature. Musk is an avid DOGE fan and has never shied away from praising the project. If X includes DOGE in its payment service, the asset may see a surge in mass adoption, which may lead to a price spike. However, we do not have any official confirmation about cryptocurrencies being a part of the new service yet.

VeChain (VET):

Source: CoinCentral

VET is another popular cryptocurrency that could witness a price spike in 2024, given we enter a bull run. VET has numerous partnerships and is a part of several climate-change-related initiatives, which could lead to a surge in adoption. The project also aims to tap into the $20 trillion global payments market with its recently trademarked V3TR platform.

  • cryptocurrency

Comments

Post a Comment

Popular posts from this blog

Ainslie Bullion Integrates Chainlink Price Feeds

‍Ainslie Bullion is pleased to announce that they have integrated Chainlink Price Feeds . By integrating the industry-leading decentralized oracle network, Ainslie Bullion now has access to high-quality, tamper-proof price feeds needed to help price precious metals, such as gold, silver and platinum, on their platform using accurate market data. This will provide their customers with stronger assurances that the price oracles that Ainslie Bullion is using are highly secure, reliable, and transparent. They chose Chainlink as their oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading decentralized finance (DeFi) protocols, maintaining robust security and high availability even amidst unexpected events and high market volatility. After reviewing various oracle solutions to help price precious metals, we integrated Chainlink Price Feeds because they provide a multitude of critical Features such as: High-
Read more

Price analysis 11/29: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX

Image
Bitcoin is struggling to sustain above $38,000, but the bulls have not given up much ground, which some analysts say increases the chance of a rally to $40,000. Bitcoin (BTC) is trying to sustain above the overhead resistance of $38,000 for the second consecutive day and start the next leg of the uptrend. The excitement among market observers may have increased after the United States Securities and Exchange Commission (SEC) delayed its decision on the applications of Franklin Templeton and Hashdex exchange-traded funds. Bloomberg ETF analyst James Seyffart speculated in a X (formerly Twitter) post that the SEC may have taken this step “to line every applicant up for potential approval by the Jan. 10, 2024 deadline.” While many analysts believe that the ETF listing will be a watershed moment for Bitcoin, Genesis Trading head of derivatives Joshua Lim cautioned in a X post that traditional finance investors have already bought the rumor and may exit the trade close to the ETF announcem
Read more