Altcoin
3 Underdog Altcoins That Will Turn $100 Into $100,000 By December
This year (2024) is the start of the four-year super cycle resulting in a bull run for both Bitcoin and loser altcoins. However, 2024 is different from previous years as it is the first time BTC surpasses its previous all-time high before the halving day. As such, the current supercycle remains largely unpredictable, with potentially huge gains to be made if you hold the right crypto assets. Here are 3 underdog altcoins that could return 1,000X by December.
1. Underdog Altcoins – Maga Hat (MAGA)
Maga Hat is a political token inspired by Donald Trump’s hat. The token came out in March and has performed quite well, often influenced by Trump’s activities.
The current market capitalization of MAGA price is sitting at $150 million, giving it plenty of room to move higher. In the madness of the last bull run, Shiba Inu went from peanuts to a market cap of over $40 billion, and in this bull run, the numbers could go much higher.
At the time of writing, MAGA price was hovering around $0.000371, up 28% in the last 24 hours. The price of the token was recently affected by Trump’s victory over Biden and Kennedy in the Georgia polls. Trump led them with 43.8%, sparking bullish sentiment among cryptocurrency enthusiasts as he promised to support cryptocurrencies if he wins the election.
The candidates will hold a presidential debate in Atlanta on Thursday, with the expectation that Trump will dominate his opponents. In anticipation of this, the price of the Sorceress Hat has increased by 78% in the last week CoinGecko data.
MAGA’s 24-hour trading volume is also on the rise, up 80% in the last 24 hours. This signals that investors are interested in this. A bull run paired with a winning Trump could push MAGA on one of its most historic runs.
2. Notcoin (NOT)
Not money it is a pioneer in its niche and, for this reason, has the potential to reach unprecedented high prices. The project launched in March as part of the TON blockchain, kicking off the Tap-2-Earn gaming season. Leveraging Telegram’s massive user base, Notcoin quickly amassed over 35 million active users on its mini-app and subsequently became one of the most successful launches of 2024.
Notcoin has a total market cap of $1.6 billion, providing room for a 1000X run that would place it at a market cap of $1 trillion. In the crypto space, community is everything.
The price was NOT trading at $0.0163 as of this writing, up 15% in the last 24 hours. Daily trading volume increased by 28%, signaling growing interest among investors. The recent price increase follows Notcoin’s announcement of a token burn worth $3 million.
Great projects with real use cases and solid technology, but no community is a slow death in the cryptocurrency industry. In contrast, meme coins, like Dogecoin, with nothing but memes and large communities, have remained around, surviving bear markets and rising to new highs in subsequent bull markets.
With the large and growing community attracted by Notcoin, the asset could be one of the best performers in the next six months.
3. Underdog Altcoins – Turbo (TURBO)
Turbo is one of the most unique altcoins in the cryptocurrency industry built by ChatGPT. The creator used the instructions on the OpenAI chatbot and followed up on the responses. The initial plan was to create a token and launch it without spending more than $69. It worked initially, but the sniper robots immediately dried up the small liquidity once the smart contract was launched. The community came together, contributing to the cash reserve, and thus Turbo was born.
Turbo’s current market cap is $355 million with all tokens in circulation. The project is also a first mover in its niche and has a unique backstory, which is sometimes all meme coins need to skyrocket in price.
Turbo plays on two fields: meme coins and artificial intelligence. Leveraging the rapidly growing field of artificial intelligence (TO THE), the TURBO altcoin has a chance to rise 1000x to a market capitalization of $355 billion in the midst of the bull run.
At the time of writing, TURBO price was hovering around $0.005168, up 26% over the past 7 days. Data from Etherscan shows that TURBO holders have increased by 100 in the last 24 hours and by over 1000 in the last month.
Conclusion
The potential to turn $100 into $100,000 by December through money-losing altcoins looks promising as we enter the second half of 2024. Markets are expected to gain momentum, aligning with patterns seen in previous Bitcoin super cycles. These coins should be on your radar.
Related articles