3 Altcoins Under $0.1 with the Potential to Turn $1 into $10 in 2024
The post 3 Altcoins Under $0.1 with the Potential to Turn $1 into $10 in 2024 appeared first on Coinpedia Fintech News
Following the dramatic events after the SEC approved all the Bitcoin ETFs, the markets are finally on a bullish trajectory. Becoming a sell-the-news event due to the Grayscale’s humongous outflows, Bitcoin finally turned the tables and surpassed the market cap of Silver ETFs.
Further, from institutions’ growing interest to the coming Bitcoin Halving in April, the markets are preparing for a bull run. Amidst the upcoming bull market, finding stocks that are $0.10, preferably small cap coins, have a higher potential for a 10x growth. In simpler terms, these coins can turn $1 into $10 in this bull year.
Struggling to find such coins? Worry not. Coinpedia brings you 3 Tokens under $0.10 with the potential to turn $1 into $10 in 2024. So read our entire analysis below to find out more.
- Marlin (POND)
Marlin (POND) is a cutting-edge protocol aiming to turbocharge DeFi and Web 3.0 performance with its high-speed network infrastructure. POND, its native token, is pivotal for network participation, governance, and staking for validator nodes.
Traders should note POND’s key uses: staking for network validation, governance proposal voting, and as an insurance fund in case of service breaches. Marlin’s core mission is to mesh blockchain security with Web 2.0 speed, transforming user experience in the decentralized web.
For those interested in network roles, POND is your ticket in. You can earn it through staking or converting MPOND via FlowMint, joining Marlin’s quest to redefine web performance.
Coming to the financial performance of POND, the token has increased by 124% in the past year. This rally comes in the volatile year of 2023 and reclaims the $0.020 mark from the depths of $0.0066.
Being a DeFi token and promising a high-speed network for users, the growing sector can fuel the bull run in Marlin. Hence, the coin shows the potential to give a 10x return in 2024.
- Siacoin (SC)
Siacoin (SC) offers a compelling angle for traders seeking exposure to the decentralized finance (DeFi) sector. As the currency for Sia’s decentralized cloud storage, SC is at the forefront of blockchain’s practical applications.
With smart contracts ensuring secure transactions in Sia’s marketplace, SC’s role is pivotal for users participating in the network. Its staggering growth of +75,000% since its all-time low of $0.00001131 in December 2015, reflects a robust appreciation potential.
With a 158% jump in the last 365 days, the SC token price is on a high-speed recovery sprint, ready to cross the $0.01 barrier. As the 2024 bull run is picking up pace, the altcoin can reach the $0.10 mark by the end of this year.
- Cronos (CRO)
Cronos (CRO) is a key player for traders focused on the intersection of blockchain technology and financial services. As the native token of the Cronos Chain, developed by the renowned Crypto.com platform, CRO underpins a broad ecosystem aimed at fostering cryptocurrency adoption worldwide.
Beyond its role in facilitating Crypto.com’s Pay mobile app transactions, CRO’s utility is set to expand across Crypto.com’s diverse product suite, promising a wider application scope in the future.
Since its all-time low of $0.01149, CRO has witnessed significant growth of +6000%, showcasing its potential as a lucrative asset for traders betting on the expansion of digital finance and crypto accessibility.
The strategic vision for CRO to serve as the cornerstone of Crypto.com’s offerings highlights its investment appeal. Especially for those looking to capitalize on cryptocurrency’s burgeoning role in enhancing financial control, privacy, and user autonomy.
Trading at $0.08214, the CRO price displays a reversal rally in motion and eyes breakout trends in the coming altcoin season.