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Popular crypto analytic platform Coinpedia Markets provides a curated list of the top 24 altcoins under $1 with the potential of surging between 10x and 100x this year.
Investors eagerly anticipate a bull run marked by increased crypto prices. However, the current market performance is far from these expectations.
Experts Identify Opportunity Amid Declining Prices
Bitcoin (BTC), which influences the broader market’s performance, recently showed signs of a significant rally earlier this week. The top crypto asset surged to $69,987 on July 29. However, this rally was short-lived as Bitcoin plunged below the $66,000 price territory the following day.
Expectedly, Bitcoin’s collapse also had a negative impact on other cryptos, which also saw declines in their prices. Interestingly, most market analysts believe the recent decline presents 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, the Bitcoin and Ethereum spot ETFs will differentiate the ongoing bull run, which is currently in a consolidation phase, from the previous ones.
Top 24 Under $1 Altcoins Poised for 100x Surge This Year
Given this prevailing sentiment, investors are faced with the challenge of identifying the tokens worth investing in. Consequently, Coinpedia Markets highlighted a list of 24 altcoins under $1 with the potential to surge between 1,000% (10x) and 10,000% (100x) this year.
The first ten altcoins in 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 of 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 would witness a surge of at least 1,000% this year. However, the analytic platform did not highlight any factor that could propel this remarkable surge.
Despite not indicating the catalyst for this surge, investors believe the highly anticipated bull run will commence this year, leading to a remarkable spike in crypto prices.