Best Bet Altcoin Going From $10 To $100 In December!
The cryptocurrency market has seen strong price action over the past few days. This allowed the crypto space to reach a new ATH. Moreover, with the price of Bitcoin hovering above the $97k mark, the altcoin market is on the rise.
Are you planning to invest in undervalued altcoins but worried about their prospects? In this article, we have covered the top 3 cryptocurrencies that have the potential to boost major projects in the last month of 2024.
Bone Shiba Swap (Bone)
Bone Shiba Swap (Bone) (DOGE-Killer) is a Shiba Swap (DEX) management token built on the Ethereum chain. It allows the users to vote on suggestions, submit proposals and access NFTs. However, SHIB is considered the “Dogecoin (DOGE) killer” and the second largest memecoin.
Bone ShiabSwap has seen huge growth in the community over the past few days. This allowed the meme coin to reach a market capitalization of ~146 million. With this, the BONE token is currently listed on the 381st place in the crypto market.
If the cryptocurrency market experiences an altcoin season, this memecoin's price may rise to $2 by the end of the year. Conversely, a bearish reversal could drag the price down to the critical low of $0.3128.
Ether (ATH)
This altcoin is revolutionizing “DePIN” with an advanced and distributed infrastructure designed for AI and games. Moreover, Ether aims to serve enterprise “AI customers” who need the world's most powerful AI chips. All this happens by bringing the GPU cloud to the community and making it accessible to everyone.
The Relative Strength Index (RSI) has crossed overbought territory. Moreover, the SMA indicator has consistently supported the Aethir price chart, indicating a breakout outlook in the near future.
Let's say, high sentiment, ATH price may be set to test all-time high this year. On the upside, if the bears regain their strength, this altcoin may retest the low support level of $0.050.
Reduced (DCR)
The deduction is treated as improved funds. In particular, by combining battle-tested PoW with innovative implementations of PoS, Decred can adapt to challenges. Moreover, its security, privacy, scalability and decentralized treasury provide tools to enhance financial sovereignty.
The price of Dicerd is currently valued at $17.02 with a 24-hour trading volume of $3.123 million. Moreover, with a capitalization of $284.73 million, it ranks 263rd in the global cryptocurrency market.
With increased price volatility, Dizzard prices may test multi-year highs. On the contrary, if the bears gain more momentum, this altcoin can retest the critical low of $10.
