Bitcoin is getting ready for another upswing after a difficult trip. This time, the aim of Bitcoin Price is $100,000, over the record high of $73,000. Not all of the leading cryptocurrencies are headed for as much of a boom as Bitcoin. Altcoins are also competing. Which cryptocurrency will be the next to take off in 2024, out of the hundreds vying for attention?
2024 will see the explosion of the next cryptocurrency.
These four cryptocurrencies indicate the possibility of a FOMO-fueled Bitcoin price increase in value this year. Vibrant communities and highly relevant utilities bolster them in robust niches.
An in-depth examination of these initiatives and how they stick out in the shuffle follows:
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Pepe Unchained: The newest major cryptocurrency to blow up
Pepe Unchained ($PEPU) is at the top of our list. The new cryptocurrency doesn’t need an introduction, even though exchanges haven’t yet listed it. Thanks to its extremely successful presale that is almost certain to surpass the $11 million mark, $PEPU has become one of the most well-known new cryptocurrencies of the year.
Pepe Unchained appears to new viewers to be a meme coin since it has a Pepe mascot and an amusing story. On closer inspection, though, it turns out to be among the greatest utility coins to hit the market in a very long time.
Pepe Unchained will launch a layer 2 for meme currencies. Following the presale sell-out, it is scheduled to go online. Even if layer-2 blockchains like Optimism and Polygon have greatly reduced market congestion, Pepe Unchained focuses just on meme money.
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Crypto All-Stars: The newest meme coin available for purchase
Crypto All-Stars ($STARS) is a new cryptocurrency that is currently trending. Given the tremendous demand for meme currencies this year, it’s hardly surprising that Crypto All-Stars is also a project devoted to the niche.
Through its staking system, the initiative aims to support meme coin investors’ potential for passive revenue. Investors in meme coins sometimes juggle staking mechanisms. Crypto All-Stars’ multichain and multi-token staking platform, MemeVault, eliminates all the difficulties associated with generating passive revenue from cryptocurrency.
Although the $STARS presale has just begun, it has already surpassed the $800,000 mark. Investors must have a suitable cryptocurrency wallet, such as Metamask or Best Wallet, filled with ETH, USDT, or BNB to participate in the presale. The platform also supports fiat purchases.
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Base Dawgz: The return of base meme coins
Next up is Base Dawgz ($DAWGZ). The intriguing story of the multichain meme coin revolves around a Shiba Inu mascot with an adventurous attitude and a base-jumping costume. Despite Base’s immense popularity, $DAWGZ isn’t prepared to stick to Base.
Base Chain serves as the primary landing zone for the $DAWGZ coin. It’s really compelling because of its capacity to hop between blockchains. According to the website, “You can claim, store, and trade it seamlessly on Ethereum, Solana, BSC, and Avalanche.”
During the presale phase, investors may begin staking $DAWGZ tokens in exchange for alluring APYs. As of the time of writing, the APY for staking was greater than 800%. More than 200 million tokens have already been staked.
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Solana: Is the top altcoin $200 closer than it looks?
Another significant cryptocurrency getting ready for a spike this season is Solana (SOL). Solana had a sharp decline in the most recent collapse. The cryptocurrency coin is still trading below $150, so the rebound has not yet gained momentum.
Given the struggles of the majority of significant cryptocurrencies, Solana’s poor performance isn’t particularly surprising. It will inevitably bounce back once the overall market stabilizes. The crypto fear and greed index has turned green, signaling the start of the next bull cycle.
Owing to its vibrant ecosystem, $SOL is a leading choice among high-cap cryptocurrencies. It has shown to be a fruitful area for utility-focused and speculative assets. Solana could reach $200 during the upcoming bull market.
Conclusion
In conclusion, as the cryptocurrency market gears up for what could be a significant upswing, Bitcoin price target of $100,000 is setting the stage for renewed excitement across the digital asset landscape. While Bitcoin leads the charge, other promising cryptocurrencies like Pepe Unchained, Crypto All-Stars, Base Dawgz, and Solana are also positioned to make waves in 2024. With their unique utilities and strong communities, these digital currencies are not just riding the coattails of Bitcoin but are carving out their own paths to success. As the next bull market looms, keeping an eye on these rising stars could prove beneficial for investors looking to capitalize on the next big opportunity in the crypto space. Whether Bitcoin price reaches its ambitious price target or not, the momentum it’s generating could lift the entire market, making 2024 a pivotal year for both established and emerging cryptocurrencies alike.
