Best Bet Altcoin To Turn $10 To $100 In December!
The cryptocurrency market has shown strong bullish price action over the past few days. This resulted in the cryptocurrency space reaching a new ATH. Additionally, the altcoin market is gaining momentum as Bitcoin price hovers above $97,000.
Planning to invest in an undervalued altcoin but worried about its prospects? In this article, we present the top 3 cryptocurrencies that have the potential to overtake the top projects in the last month of 2024.
Bone firewood exchange (BONE)
Bone ShibaSwap (BONE) (DOGE-Killer) is built on the Ethereum chain and is the ShibaSwap (DEX) governance token. It allows users to vote on proposals, submit proposals, and access NFTs. However, SHIB is considered the “Dogecoin (DOGE) killer” and the second largest meme coin.
Bone ShiabSwap’s community has experienced tremendous growth over the past few days. This brings the market cap of the meme coin to approximately 146 million. With this, the BONE token currently ranks 381st in the cryptocurrency market.
If the cryptocurrency market experiences an altcoin season, this could push the price of this memecoin to as high as $2 by the end of the year. Conversely, a bearish reversal could pull the price towards the key lows of $0.3128.
ATH
This altcoin is revolutionizing “DePIN” with its advanced distributed infrastructure tailored for artificial intelligence and gaming. In addition, Aethir aims to serve enterprise “AI customers” around the world who need the world’s most powerful AI chips. All of this is achieved by bringing GPU Cloud to the community and making it available to everyone.
The relative strength index (RSI) has breached the overbought range. Furthermore, its SMA indicator continues to support the Aethir price chart, indicating a bullish outlook for the period ahead.
Hypothetically, ATH price may be preparing to retest its all-time highs this year amid bullish sentiment. On the other hand, if the bears regain strength, this altcoin may retest lower support at $0.050.
Decree (DCR)
Decred is considered the currency of evolution. Remarkably, Decred is able to adapt to the challenge by combining proven PoW with innovative applications of PoS. Additionally, its security, privacy, scalability, and decentralized vault provide tools for enhanced financial sovereignty.
Decerd is currently valued at $17.02, with a 24-hour trading volume of $3.123 million. Furthermore, its market capitalization is $284.73 million, ranking it 263rd in the global cryptocurrency market.
Decerd price could retest its multi-year highs as price volatility intensifies. Conversely, if bearish momentum builds, the altcoin could retest key lows at $10.
