5 Best Cryptocurrencies with 100X Potential in 2024 – Best Altcoins to Buy Now

adminMarch 17, 2024

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Cryptocurrency markets have been hit by Bitcoin’s recent surge to all-time highs, potentially signaling the start of altcoin season.

As Bitcoin reaches new milestones, there is renewed interest in the cryptocurrency space. This heightened interest is leading to increased trading activity and speculation, not only in Bitcoin but also in altcoins.

As a result, some investors see opportunities to diversify their portfolios by exploring promising cryptocurrency projects that demonstrate potential for growth and innovation. In this article, we will discuss the best cryptocurrencies that have the potential to generate 100x returns by 2024.

Ethereum (ETH)

Ethereum, a decentralized blockchain platform, continues to make remarkable progress. Recently, the price soared to $4,000, marking a significant milestone. This surge is fueled by anticipation surrounding the upcoming Dencun upgrade, which promises improved scalability and transaction efficiency.

Moreover, the possible approval of a spot Ethereum ETF by the US SEC has further strengthened investor optimism. The current price of $ETH is $3541.16, with a 24-hour trading volume of $18.58 billion, a decrease of 2.98%.

If the market pushes the price above the resistance level of $3,918, the bulls will aim to regain momentum and test the upper resistance level of $4,244. Conversely, a trend reversal may lead the price towards the lower support level of $3,438 in the near term.

Optimism (OP)

As $OP token sales increase, Optimism could potentially witness some bullish sentiment. Currently trading at $3.51, $OP price may challenge the nearest resistance level of $4.50 and, if further upward movement is possible, it may reach the second resistance level of $4.77.

OP cryptocurrency daily price graph

However, there is also a possibility of withdrawal. Increasing selling pressure could push the price down to the nearest support at $3.55 or even lower to the second support at $3.28. The current price is below the recommended 100-day simple moving average (SMA) of $3.37, suggesting a buy signal.

Optimism’s design philosophy centers on long-term sustainability, prioritizing scalability without resorting to shortcuts. This positions the project as one of the most important scaling solutions developed for the Ethereum mainnet. In line with this mission, various factors could cause the price to rise to $7.40 by the end of 2024.

Dogecoin 20 (DOGE20)

Dogecoin20, the latest addition to the Doge family, is very similar in design to Shiba Inu. Distinguished by its commitment to sustainability and innovation, Dogecoin20 sets a new benchmark in the meme coin sector.

The main goal of the project is to redefine passive reward sharing through the implementation of a Proof-of-Stake (PoS) consensus mechanism. This innovative approach ensures that all token holders actively contribute to the stability and security of the community.

The Dogecoin20 team upholds the principles of equity and transparency, ensuring that all participants obtain $DOGE20 tokens at the same price during the pre-sale phase. Currently available at a low price of $0.00015 per token, the pre-sale gives investors the opportunity to participate at a favorable entry point.

🐕 #Dogecoin occupies a special place in #Cryptocurrency However, the constant release of new communities has limited its potential value. #token. 💰#DOGE20 We solve this problem by introducing a fixed supply to provide continuous upward momentum in the token value. 📈🔄 pic.twitter.com/sR05Dzcv1J
— Dogecoin20 (@DOGE_COIN20) March 16, 2024

Additionally, locking up tokens until the end of the pre-sale mitigates the risk of tokens being suddenly sold off at the start of trading. $DOGE20 boasts a total token supply of 140 billion, with 35 billion allocated for presale.

Investors participating in the pre-sale can further maximize their returns by staking their tokens directly into smart contracts, enjoying an impressive Annual Percentage Yield (APY) of 695% as of the latest update.

Join and follow Dogecoin20’s Telegram channel to receive the latest developments and announcements. X (formerly Twitter).

Sui (SUI)

Sui operates on a smart contract platform governed by a decentralized group of validators, contributing to the security and functionality of the network. The native token, $SUI, is used to pay for gas fees.

At the same time, users can stake $SUI tokens with validators in a delegated proof-of-stake model to foster active participation in consensus and potential rewards. A standout feature of Sui is its ability to achieve simultaneous consensus on individual transactions, thereby improving scalability.

The current price of $SUI is $1.59, with a 24-hour trading volume of $1.08 billion. In the last 24 hours, $SUI has increased by 13.04%. It currently ranks 58th on CoinMarketCap and boasts a market capitalization of $1.96 billion. The outlook for Sui indicates an optimistic trend over the next few years.

Based on a combination of technical indicators and market sentiment, a steady rise in the price of $SUI is expected. Expert forecasts show potential growth, with short-term forecasts pointing to an upward trend, while longer-term forecasts call for a more substantial rise, reaching $6.15 by 2030.

Watch the video above for a comprehensive overview of the best cryptocurrencies you can buy right now, and subscribe to his YouTube channel for more cryptocurrency-related content. Jacob Crypto Bury also operates a Discord channel with 21,000 members, providing users with trading tips and insights on upcoming cryptocurrency presales.

Uniswap (UNI)

The imminent release of Uniswap v4 heralds major changes in the decentralized finance (DeFi) landscape and presents an exciting opportunity for Solidity developers to drive blockchain technology and DeFi innovation.

Uniswap Hook Incubator offers an intensive 8-week program for advanced DeFi developers, in partnership with Atrium Academy and generous funding from the Uniswap Foundation.

new research @AustinAdams10 This shows that L2 isn’t just good for gas savings.
Compared to Ethereum, the data shows that in L2:
✅ 97.5% of swappers get better prices.
✅ LPs have up to 20% higher arbitrage returns.
✅ Less gas means more capital efficiency https://t.co/xmgT5RO1A0
— Uniswap Labs 🦄 (@Uniswap) March 15, 2024

The program aims to commemorate a pivotal moment in the DeFi sector by providing developers with the skills to leverage v4 Hooks, a pivotal feature of Uniswap v4, poised to revolutionize decentralized applications (dApps) and financial solutions. .

Uniswap’s native token, $UNI, is currently trading at $12.09, up 63.16% on the monthly price chart. Relative Strength Index (RSI) value of 59.01 indicates a neutral position in the $UNI market.

Analysts predict that Uniswap’s price is likely to rise in the coming weeks, with short-term and long-term price targets expected to be $16.16 and $35.90, respectively.

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