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Cryptocurrency News Articles

5 Best Altcoin Investments to Make in 2023

Nov 23, 2024 at 04:30 am

Watching the latest bull run from the sidelines, wondering whether to make a move? Staying out could mean missing substantial gains while those who jump in secure massive riches.

5 Best Altcoin Investments to Make in 2023

As Bitcoin surpasses $99k and the bull phase continues, those watching from the sidelines might wonder if they're missing out on substantial gains. After all, as those who jumped in during the last bull run secured massive riches, staying out could mean missing once-in-a-lifetime opportunities.

In this article, we explore the best altcoin investments you might not want to miss for massive ROIs in the future. The list includes Dogwifhat, PEPU, Popcat, Bonk, and BlockDAG!

1. BlockDAG Presale: DAG-Chain That Earned $5M in a Day

BlockDAG (BDAG) gets the top spot in this list for several reasons. It uses a hybrid blockchain and Directed Acyclic Graph (DAG) model, which delivers transaction speed up to 15,000 TPS, making it one of the fastest blockchain networks out there. The same hybrid model facilitates this speed without compromising security and scalability, a feat even giants like Bitcoin can’t seem to master.

BlockDAG’s ecosystem also features low-code no-code capabilities. Essentially, this allows users to build digital projects like meme coins, utility coins, and NFTs with minimal or no coding skills. The result of this level of accessibility? Thousands of developers can build and deploy smash-hit memecoins, proving BlockDAG’s long-term staying power.

Currently priced at $0.0234 in Batch 26, with $5 million raised in 24 hours, BlockDAG has already raised nearly $134 million, with 15.9 billion coins sold. Early participants have seen a 2240% surge, highlighting its massive growth potential. For those seeking a high-utility altcoin with a blockbuster ROI potential, BlockDAG is a top pick.

2. Dogwifhat: Humorous & High-Growth Player

Another best altcoin, Dogwifhat, one of the best Solana meme coins, blends humor with impressive growth potential. Initially launched on the Raydium Solana DEX in November 2023, its first recorded price was a mere $0.000001366. By the end of its first year, Dogwifhat closed at $0.1531, marking a 92.82% increase.

Despite a history of price volatility, the coin truly made its mark in 2024, with an average price of $2.04, a closing price of $3.04, and an all-time high of $4.82. With a strong community and unique initiatives like the WIF Hat generator, Dogwifhat continues to capture interest in the fast-growing world of Solana memecoins.

Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.

3. Pepe Unchained: Enhancing ETH with Layer 2 Efficiency

Among the best altcoins to buy now, Pepe Unchained ($PEPU) makes a strong case with its innovative approach. Built as a Layer 2 solution, it directly addresses Ethereum’s slow and expensive transactions while maintaining full compatibility with the Ethereum ecosystem.

$PEPU is currently nearing the $40 million milestone in its presale, showcasing strong investor interest. Additionally, its upcoming “Pepe Frens With Benefits” grant program aims to foster development on its Layer 2 network, further strengthening its ecosystem. However, since $PEPU works with Ethereum, any network congestion or delays on Ethereum could impact its performance.

4. Popcat: Community-Driven Growth & NFT Expansion

Popcat, another Solana meme coin, has gained attention for its strong community focus. Once inactive, the project revived when it became fully community-owned and immutable, drawing both interest and activity.

In early 2024, its price surged by over 5,000%, climbing from $0.0076 to $0.3882, showing its growth potential. Currently priced at $1.56, Popcat plans to launch an NFT series to increase its appeal and utility. Though struggling to reclaim its current $1.74 support level, Popcat’s active community remains a strong force driving its progress.

5. Bonk: Rapid Adoption and Strong Market Presence

Last on the is Bonk, the second-largest meme coin on the Solana network with a $3.87 billion market cap. Since its launch in 2021, Bonk has grown over 1200% year-on-year, reflecting its rising popularity and strong community support.

Half of its supply was airdropped to Solana developers, NFT collectors, and DeFi users, driving widespread adoption. Recent token burns and listings on major exchanges have further boosted its appeal, making Bonk a solid choice in this bullish crypto season.

Solana meme coins like Dogwifhat and Popcat have seen massive growth

News source:techpoint.africa

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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