6 Altcoins to Consider Investing in 2024, ChatGPT Suggests Meme Coin Sensation Dogeverse and Decentralized Blockchain Project Hedera

The second phase of the bull market is gradually swinging in as prices look to recover from the recent lows.

OpenAI’s ChatGPT has suggested six altcoins for consideration in 2024, catering to both meme coin enthusiasts and those seeking utility-driven assets trading below the $1 mark.

Meme Coins Under $1 to Consider

Dogeverse

ChatGPT's list includes three new meme coins and three established tokens with proven utility. On the meme coin front, the chatbot highlighted Dogeverse, a promising meme coin introduced last month with an ICO that eventually surpassed $15 million.

The project spans six different chains, including Ethereum, Solana, Polygon and Base, making it the first meme coin project to launch on this number of networks. At the time of this report, Dogeverse's pre-sale is nearing its conclusion, with the price currently set at $0.00031.

Sponge

Another meme coin to consider, according to ChatGPT, is SpongeV2. The original Sponge meme coin soared from a market cap of $1 million to $100 million last year.

Capitalizing on this success, SpongeV2, an upgraded version of Sponge, has arrived. Currently trading at $0.002078, SpongeV2 has already surged 8,212% since launch.

Sealana

Solana-based project Sealana is also on the list and has so far garnered over $2 million from its pre-sale. A prominent crypto YouTuber recently suggested it as a potential 10x token, asserting that it is the latest meme coin on Solana set to record an upswing.

Utility-Driven Altcoins Under $1 to Consider

For investors not completely sold on meme coins, ChatGPT presents three utility-driven altcoins to consider in 2024.

Hedera (HBAR)

Atop this list is Hedera (HBAR), which rallied 34% during the first quarter of this year. Trading for $0.1132, HBAR is looking to leverage its utility and numerous partnerships for a more substantial run in the next leg.

Fetch.ai (FET)

Another altcoin project with observable utility worth considering is Fetch.ai (FET). The token was one of the best performers of Q1 2024, surging 353%.

With the AI industry set to expand significantly, FET, an AI-based asset, could record significant price gains on the back of this expansion and growing interest.

Chiliz (CHZ)

Chiliz (CHZ) also made it to the list, having secured a 73% price upswing in the first quarter of 2024. The project aims to capitalize on its association with the entertainment industry and key partnerships for a spike above the current value of $0.1212.

Despite the promise of substantial returns, it is crucial to note that these suggestions should not be considered investment advice. The crypto market is inherently volatile, and these altcoins might not record as much gains as some investors envision.