The cryptocurrency market seems to be recovering from the recent sell-off. Bitcoin (BTC) has reclaimed the $43k level, and other assets are following behind. Many analysts anticipate a bull market for the crypto sector in 2024, fuelled by the SEC’s (Securities and Exchange Commission) recent spot BTC ETF (Exchange Traded Fund) approval and BTC’s halving in April.
Also Read: Top 3 Cryptocurrencies That Could Rally After Bitcoin Halving
With that in mind, let’s look at three crypto assets under $0.10 that could surge in 2024, given we enter a bull market.
Top 3 cryptocurrencies under $0.10 that could surge in 2024
Shiba Inu (SHIB):
It is no surprise that SHIB is one of the most popular cryptocurrencies in the market. The asset has turned many early investors into multi-millionaires. However, SHIB’s price has struggled after its 2021 peak. Regardless, fans and investors hope the memecoin will regain lost traction in 2024. If we enter a bull market this year, we may see SHIB surpass its all-time high of $0.00008616. Moreover, the SHIB team is working on a new burn mechanism, rumored to remove trillions of tokens yearly. The burn mechanism could significantly reduce the cryptocurrency’s supply and push its price.
Dogecoin (DOGE):
Dogecoin (DOGE) is another popular memecoin that could surge in 2024. There is a lot of talk about Elon Musk’s X platform having DOGE in its upcoming payments feature. Musk is an avid DOGE fan and has never shied away from praising the project. If X includes DOGE in its payment service, the asset may see a surge in mass adoption, which may lead to a price spike. However, we do not have any official confirmation about cryptocurrencies being a part of the new service yet.
VeChain (VET):
VET is another popular cryptocurrency that could witness a price spike in 2024, given we enter a bull run. VET has numerous partnerships and is a part of several climate-change-related initiatives, which could lead to a surge in adoption. The project also aims to tap into the $20 trillion global payments market with its recently trademarked V3TR platform.
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