As Bitcoin (BTC) surges to unprecedented heights, attention shifts to altcoins with the most potential, particularly meme coins like Pikamoon (PIKA) , leading the charge to become the next crypto to hit $1.
Of course, it goes without saying that the cryptocurrency sector is preparing for a significant rally in 2024.For months, industry specialists have been keenly observing the SEC’s approval of Bitcoin Exchange-Traded Funds (ETFs), coinciding with the Bitcoin Halving event, which may prove to be the biggest factor behind the rally.Experts have forecast that Bitcoin could surpass the $100,000 mark within the year.
Key Insights: Bull Market in 2024: Bitcoin could surpass the $100,000 mark within the year.Next Crypto to Hit $1 and Explode: Pikamoon (PIKA) tops the list with the most potential to hit the $1 mark in 2024.Pikamoon (PIKA) as a Promising Investment: Described as a “100x GameFi Hidden Gem.” PIKA is launching on major tier 1 CEX at a very low price of $0.0007.Other Altcoins Set for Massive Rally : The article highlights six other cryptocurrencies as potential candidates to experience massive growth.Significance of Hitting $1 Mark for Any Crypto Hitting the $1 mark is a significant milestone for any penny coin.
It symbolises the potential for a digital currency to have a significant impact and disrupt the industry.
Achieving this level not only validates the project’s underlying technology and vision but also instils confidence among investors and users alike.
It can catalyse a chain reaction, attracting more attention, investment, and adoption, ultimately propelling the coin into a new level of market influence and utility.
For startups and emerging projects, crossing this threshold is often seen as a rite of passage, marking their transition from speculative ventures to established players in the digital finance ecosystem.
With that out of the way, let us now explore the top 7 cryptocurrencies that are predicted to experience massive growth in 2024.
Top 7 Crypto Under $1 That Will Explode In the fast-paced crypto world, opportunities for substantial gains are always present due to the rapid changes.This constant flux makes the search for the next cryptocurrency to reach a value of $1 particularly enticing.
So, now that the next crypto bull run is almost here, below are the top 7 projects poised to hit the elusive $1 mark, sooner than you would expect.
Pikamoon (PIKA) The GameFi sector made the most millionaires in the previous bull run of 2021.
Projects such as Axie Infinity (AXS), The Sandbox (SAND), and Iluvium (ILV) witnessed their market capitalizations skyrocket from below $30 million to surpass the billion-dollar threshold, achieving staggering value increases of over 1000x in some instances.
Launching with a comparable initial market cap of $10 million, Pikamoon is uniquely positioned to follow in their footsteps.
PIKA is the native token of Pikamoon, a cutting-edge 3D Play-to-Earn (P2E) Web3 game that’s set to revolutionise the blockchain gaming landscape .
With a humble price of just $0.0007, the token is launching with a promising market cap of $10 million, therefore offering great scope for growth.This is why many crypto experts and influencers are calling Pikamoon “the next Axie Infinity”, and the ‘100x GameFi Hidden Gem’, among other prestigious titles.
Now that PIKA is being listed on leading tier 1 centralised crypto exchanges come March 22nd, accessibility and investor confidence are expected to increase significantly.Investors will be able to easily purchase and secure PIKA tokens using popular ETH wallets such as MetaMask or Ledger , which will also contribute to Pikamoon’s liquidity and expansion.
With the 2024 bull run looming large, the future has never looked brighter for projects like Pikamoon .Early investors are primed to seize the moment and dive headfirst into the exhilarating world of crypto gaming, where Pikamoon’s AAA gaming concept and abundant earning opportunities shine like beacons of promise.
2.Shiba Inu ($SHIB) After more than doubling in 2023, it seems like the cryptocurrency market has finally thawed from the harsh crypto winter.
With renewed optimism and the possibility of a bull market on the horizon, it’s time to take a closer look at one of the standout performers from the last crypto boom: Shiba Inu (SHIB).
Back in 2021, when almost every cryptocurrency was skyrocketing, Shiba Inu burst onto the scene and stole the spotlight.With an astonishing growth of over 28,000,000%, this meme coin now sits as the 19th most valuable cryptocurrency globally.
And its next big target? Hitting that coveted $1 mark.But can it pull it off?
Cryptocurrency prices are influenced by various factors, but there’s no one-size-fits-all formula for predicting them.Generally, the value of a cryptocurrency tends to rise with demand, often driven by the innovative ways people can use the currency.
Surprisingly, they’ve made some significant headway.Today, Shiba Inu holders have more options than ever, with the token being used for things like yield farming, buying and selling non-fungible tokens (NFTs), and various applications within the decentralised finance (DeFi) ecosystem.
And there are even plans in the works to launch a Shiba Inu-based metaverse – talk about ambitious!
But let’s not forget about speculation – it’s a big player in the crypto game.During the last bull market, Shiba Inu’s surge was largely fueled by speculation rather than any standout features or practical uses.
However, things have been changing.
Over the past couple of years, the developers behind Shiba Inu have been hard at work, aiming to enhance its utility.Their goal? To shift Shiba Inu away from its meme coin status and toward a more serious contender.
Will Shiba Inu Coin Reach $1? Based on the current calculations, for Shiba Inu to hit the $1 mark by 2030, it would require an astronomical rally of more than 12,400,000% from its current token price.While there are potential catalysts that could ignite a strong bullish run for this meme cryptocurrency, achieving such an ambitious target price seems virtually impossible.
In my view, the likelihood of Shiba Inu reaching $1 by 2030 is slim.
But stranger things have happened in crypto… If the predictions of the biggest bull run come true, SHIB will undoubtedly be a notable performer.
The sheer volume of tokens in circulation presents a significant obstacle, and even with various use cases, it’s improbable to sustain such a high price.However, if there were a substantial burn of tokens, perhaps in the range of 95-99%, this could make the $1 target more attainable.
3.Cardano ($ADA) Cardano, sometimes called the “Ethereum killer,” is a special type of blockchain.It runs on a system called proof-of-stake.
The goal of Cardano is to help people who want to make positive changes in the world, like inventors and thinkers.
The idea for Cardano came from Gerolamo Cardano, an Italian thinker.People started working on Cardano in 2017.
The folks who made Cardano say it can do cool things.
For example, it can help create apps and contracts that work without a central authority.They also say it’s designed to be flexible and easy to use.
One big event for Cardano was when Charles Hoskinson said they would make a big change called the Alonzo hard fork in August 2021.After that, the price of Cardano went up a lot.
Right now, one Cardano coin is worth about $0.58, and there are a lot of them out there.The total supply is 45 billion coins, but only about 34 billion are being used right now.
4.Ripple ($XRP) With its recent surge in trading volume and price movement, Ripple’s native cryptocurrency XRP is showing strong potential to hit the $1 mark.The large influx of funds and bullish sentiments surrounding XRP have pushed its price to $0.62, with further upward movement expected.
Additionally, reports of a possible favourable verdict in the lawsuit against the SEC could act as a catalyst for XRP’s price rally.
If Ripple manages to win the final verdict, XRP’s price could skyrocket, with a high chance of surpassing the $1 mark.This positive outlook is supported by XRP’s use by banks, payment providers, and digital asset exchanges for cross-border payments, making it a valuable asset in the crypto market.As the sixth-largest cryptocurrency by market cap, XRP has a solid investor base that is ready to support its growth.
Therefore, XRP’s potential to hit $1 in the near future looks promising.The bullish current market conditions could propel XRP’s price to break the $1 milestone… once again!
5.DogeCoin ($DOGE) Dogecoin is a fun cryptocurrency that got its name from a popular internet meme featuring a cute Shiba Inu dog.The coin’s creators, Jackson Palmer and Billy Markus made it as a lighthearted project inspired by the meme.
It all started in December 2013 when Dogecoin split off from another cryptocurrency called Litecoin.
Unlike Bitcoin, Dogecoin uses a different method called Scrypt technology for its mining process.This allows for faster and more accessible mining.
Plus, since 2014, you can mine both Dogecoin and Litecoin at the same time.
Right now, one Dogecoin is worth about $0.086, and there are a lot of them in circulation—over 132 billion! However, we don’t know the total number that will ever exist.Dogecoin’s popularity has grown a lot, and it’s become a favourite among many cryptocurrency fans for its friendly and humorous vibe.
6.MYRO ($MYRO) MYRO, another meme coin on the Solana blockchain, is named after the dog of Solana’s co-founder, Raj Gokal.
Trading at $0.2963, MYRO has a market cap of $298,136,087 and is currently ranks #264.The coin has a total supply of 1 billion tokens and aims to bridge the gap between the crypto-savvy and beginners, making it an accessible option for a broader audience.
MYRO’s recent performance shows a promising uptrend, with a significant increase in trading volume and community interest, positioning it as a potential candidate to hit the $1 mark.
7.
Book of Meme ($BOME) Book of Meme (BOME) is a cryptocurrency that has recently seen a remarkable surge in its value.As of the latest data, BOME is trading at $0.015647, with an impressive 24-hour trading volume of $59.81M.The coin has a market cap of $981.22M, ranking it at #87 in terms of market capitalization.
The coin reached its all-time high of $0.02689 on March 16, 2024, which is a significant increase from its all-time low just two days prior.This rapid growth and the bullish sentiment of the community suggest that BOME has the potential to reach the $1 mark.The coin’s performance is particularly noteworthy given the volatility of the meme coin market.
BOME’s success can be attributed to its strong community support and the increasing interest in meme coins as investment opportunities.With its current momentum, BOME should be one of the next cryptocurrencies to watch out for in the race to $1.
Final Thoughts: Finding the Hidden Gem! While there are many promising options in the crypto world for 2024, only one stands out as a potential game-changer: $PIKA.
In the era of GameFi, where billion-dollar tokens reign supreme and GameFi projects are locking in billions, $PIKA emerges as a frontrunner.
With its innovative GameFi concept and a fully doxxed team, $PIKA is set to explode onto the scene.Its integration with Pikamoon’s progressive 3D P2E game sets it apart, offering investors not just a token, but a ticket to the forefront of the gaming revolution.Additionally, it has scope to amass a $1+ billion market cap, as did the likes of Axie Infinity, The Sandbox, and Illuvium in 2021.
As the crypto market continues to expand, driven by evolving regulations and increasing adoption, $PIKA represents an opportunity for savvy investors to capitalise on the next big thing.
So, don’t overlook the obvious – seize the chance with $PIKA whilst it’s still at only $0.0007 during its initial days…because the prices will skyrocket once the wider market catches wind of its potential.
This will likely propel $PIKA’s value to new heights, offering early adopters a prime opportunity for substantial gains.
Connect with fellow enthusiasts and get exclusive updates by joining the PIKA army on the Official Pikamoon Reddit .
Frequently Asked Questions – FAQs What is GameFi and how does it differ from traditional gaming? GameFi refers to gaming platforms built on blockchain technology that offer players the ability to earn cryptocurrency while playing.Unlike traditional gaming, where players typically spend money on in-game purchases without the possibility of financial return, GameFi integrates decentralised finance (DeFi) elements, enabling players to earn rewards or even trade in-game assets for real-world value.
What is Pikamoon and how does it utilise cryptocurrency? Pikamoon is a 3D Play-to-Earn (P2E) Web3 game that leverages blockchain technology and cryptocurrency.Players can earn their native PIKA token by participating in various in-game activities, such as completing quests, battling opponents, or owning virtual assets within the game.These tokens can then be traded on crypto exchanges or used within the Pikamoon ecosystem.
Who are the founders of Pikamoon (PIKA)? Pikamoon was conceptualized by a trio of friends and tech innovators: Conrad Lewis, better known by his alias Brock, Luke Appleton, who goes by the moniker Kanto, and NIXX.Together, they combine their expertise and passion for technology to drive the vision and development of Pikamoon.
The #Pikamoon Founders are now doxxed 👀
Exciting times for the #PikaArmy
➖ @lukeyapples Aka.Kanto (Co-CEO)
➖ @altcoinconrad Aka.Brock (Co-CEO)
The full development team behind the game & $PIKA is also now public!
➖ @orbitcosmoshq
🔌 $200 Giveaway (Follow all, RT, Like) pic.twitter.com/YE8aQsw4FF
— Pikamoon (@PikaMoonCoin) February 29, 2024 What is the significance of market capitalization in cryptocurrencies? Market capitalization in cryptocurrencies is calculated by multiplying the current price of the coin by its circulating supply.It’s an important metric as it gives investors an idea of the size of a cryptocurrency compared to others.
It can indicate the growth potential and risk level of a cryptocurrency.Smaller market cap coins like PIKA offer potentially higher gains over those with larger market cap.
Is Shiba Inu likely to reach $1 in value by 2024? While there is speculation surrounding the potential future value of Shiba Inu, reaching $1 by 2024 seems unlikely based on current market conditions and tokenomics.Factors such as the total supply of tokens in circulation and the utility of the coin will heavily influence its price trajectory.However, the cryptocurrency market is volatile and subject to rapid changes, so it’s essential to monitor developments closely.
What distinguishes Cardano from other blockchain platforms like Ethereum? Cardano is often referred to as an “Ethereum killer” due to its unique features and design philosophy.Unlike Ethereum, which currently operates on a proof-of-work consensus mechanism, Cardano utilises a proof-of-stake system, offering increased scalability, energy efficiency, and security.Additionally, Cardano aims to provide a more accessible and flexible platform for building decentralised applications (dApps) and smart contracts.
What makes Dogecoin popular despite its origins as a meme coin? Dogecoin’s popularity stems from its vibrant and welcoming community, as well as its association with internet culture and memes.
Despite initially being created as a lighthearted project, Dogecoin has gained widespread acceptance as a legitimate cryptocurrency due to its fast transaction speeds, low fees, and ease of use.Additionally, its charitable initiatives and community-driven projects have further cemented its place in the crypto space..
