Bitcoin resurged back to the $70K level on Monday after two weeks of high volatility and retracement from its ATH.
This uptrend started when the U.S. stock market opened. Thanks to the BTC ETF approval in January, the crypto’s movement is now closely correlated with the usual stock market hours.
With that new high, and the Bitcoin halving less than 22 days away, many traders are more confident than ever that the asset will see its $100,000 breakthrough in 2024.
PlanB recently asked its 1.9 million followers on X (previously Twitter) whether they believe that BTC will reach $100K in 2024 – the results revealed that over 70% strongly believe that it will.
Bitcoin $100k in
— PlanB (@100trillionUSD) March 25, 2024
However, while Bitcoin’s possible run might be profitable for whale investors, it would hardly make any difference to everyday traders. Even if it doubles in price, it would still amount to around 2X in profits.
That’s not to say that you shouldn’t stock up on BTC as a long-term investment, but for quicker gains, the answer could be in low mcap meme coins with massive ROI potential.
Our team looked into hundreds of these tokens to find the few offering some real potential.
Let’s take a look at them.
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Top 3 Cryptos to Buy Amidst Bitcoin’s $100K Run – Quick Overview
Here’s a quick overview of the top 3 projects to buy before Bitcoin’s next bull run:
- Dogecoin 20 ($DOGE20) – Over $10,000,000 In Presale, Last Chance to Buy on DOGE Day
- Slothana ($SLOTH) – New SOL-Based Meme Crypto Ready to Go Over the Moon
- Sponge V2 ($SPONGEV2) – Next Version of Last Year’s $100M MCAP Token
Top 3 Cryptos to Buy Amidst Bitcoin’s $100K Run – Detailed Analysis
With the basics out of the way, let’s check these projects in more detail.
Dogecoin 20 ($DOGE20) – Over $10,000,000 In Presale, Last Chance to Buy on DOGE Day
Dogecoin20 (DOGE20) is an Ethereum-based token that aims to follow in the footsteps of popular meme coins like Dogecoin and Shiba Inu.
Unlike its predecessors, which rely on energy-intensive proof-of-work mining, DOGE20 uses a more environmentally friendly proof-of-stake mechanism. This approach reduces the carbon footprint associated with transactions, making it a greener alternative.
One of the key features of Dogecoin20 is the ability for holders to earn passive rewards by staking their DOGE20 tokens.
Early adopters who participate in the ongoing presale can benefit from staking rewards. The project has allocated 12.5% of the total supply for staking rewards in the first year, followed by an additional 2.5% in the second year.
The current DOGE20 price is set at $0.00022 per token, however, that figure is expected to explode as we approach its launch day on April 20th.
Yes, that’s right, DOGE20 will launch on the original Doge’s Day! Smart marketing move by the DEV team.
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Slothana ($SLOTH) – New SOL-Based Meme Crypto Ready To Go Over the Moon
Slothana ($SLOTH) is another meme crypto on our list, with similar if not bigger potential than DOGE20.
$SLOTH was built on the Solana network, which saw multiple similar meme coins catapult over 100x in value over the last couple of months.
Unlike traditional presales with multiple rounds, Slothana has adopted a unique approach where investors can send Solana (SOL) tokens directly to the project’s wallet address (EnSawje2vQSQKtGbPYdXEuYKm2sHgeLKJTqCmrDErKEA) and receive $SLOTH token airdrops in return.
The project takes inspiration from the success of other popular Solana-based tokens like $SMERF, which launched in March 2024 and quickly achieved a market capitalization of nearly $400 million within a few weeks.
Slothana’s mascot is an office sloth that represents the desire to break free from the monotony of a 9-to-5 job and pursue financial freedom through cryptocurrency trading. This will resonate well with the degens trying to make generational wealth through useless meme coins.
Slothana has raised over $520,000 in just a few hours, and that figure has grown to over $2,5 million so far.
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Sponge V2 ($SPONGEV2) – Next Version of Last Year’s $100M MCAP Token
$SPONGE V2 is an updated version of the original $SPONGE meme crypto, aiming to build upon the success of its predecessor, which achieved a remarkable $100 million market capitalization at its peak.
According to the project’s whitepaper, the only way to buy $SPONGE V2 tokens is by bridging from the existing $SPONGE V1 tokens.
Investors who stake and permanently lock their V1 tokens will receive staking rewards in $SPONGE V2 over four years, incentivizing early adoption of the new token.
Currently, $SPONGE is offering a limited-time 100% purchase bonus for V2 tokens. For every $100 worth of V1 tokens an investor purchases and locks for staking, they will receive an additional $100 in V2 tokens immediately.
The project has ambitious plans for $SPONGE V2, including the development of a new play-to-earn game.
Additionally, the team aims to list $SPONGE V2 on major exchanges like Binance and OKX, following the recent examples of meme coins like $BONK and $MEME, which experienced significant price surges after being listed on Binance.
Investors can follow the project’s official channels, such as Twitter and Telegram, for the latest updates on exchange listings and other developments.
Conclusion
Bitcoin’s recent surge to $70,000, coupled with the approval of a Bitcoin ETF and the upcoming halving event, has led many traders to speculate that the cryptocurrency could potentially reach the $100,000 mark in the coming months.
However, it’s important to note that predicting Bitcoin’s price movement with certainty is challenging, and it’s unlikely to experience a substantial rally beyond the $100,000 level in the near future.
Given the limitations of Bitcoin’s short-term upside, some investors are exploring alternative opportunities in low MCAP meme coins, such as $SLOTH, $DOGE20, and $SPONGE V2.
These projects offer high staking rewards, which will provide investors with higher returns compared to holding Bitcoin alone.