Altcoins like Solana (SOL), Dogecoin (DOGE), and Render (RENDER) are showing strong momentum as Bitcoin nears $100,000

Solana recently hit a new all-time high and continues to attract users and trading volume. Dogecoin, with a $60 billion market cap, leads the meme

As Bitcoin (BTC) continues its ascent towards the highly anticipated $100,000 milestone, several altcoins are exhibiting strong momentum and poised to benefit from the broader market bullishness.

Among these altcoins, Solana (SOL), Dogecoin (DOGE), and Render (RENDER) have shown remarkable performance over the past month. Here's a closer look at each of these altcoins and their potential in December.

Solana (SOL) Hitting New All-Time Highs and Poised to Outpace Bitcoin

Solana (SOL) price reached a new all-time high on November 22, following an impressive 38% growth spurt over the past month.

While the token experienced a correction after setting the new high, its momentum remains strong compared to Bitcoin (BTC), which rose 35% during the same period.

As Bitcoin approaches the $100,000 milestone, Solana is well-positioned to benefit from the bullish sentiment.

Solana (SOL) price hit a new all-time high in 2024 and became one of the most utilized Layer 1 chains, especially favored by traders and meme coin projects.

The chain boasts companies like Jito, Raydium, and Pumpfun, known for their record-breaking revenues. This competitive edge could help SOL test new all-time highs and potentially outpace BTC in December.

Dogecoin (DOGE) Poised to Capitalize on Meme Coin Season and Bitcoin Rally

Dogecoin (DOGE) price has shown a strong historical positive correlation with Bitcoin, which has played a crucial role in its impressive 148.64% rise over the past month.

As Bitcoin price approaches the $100,000 milestone, DOGE's correlation with BTC positions it well to capitalize on the broader market bullishness.

With a $60 billion market cap, Dogecoin dominates the meme coin market, surpassing the combined valuation of the next 15 largest meme coins.

This dominance reflects DOGE's unique position as the go-to asset in that category. If the meme coin season continues to gain traction alongside Bitcoin’s rally, DOGE is likely to attract more interest and volume.

Render (RENDER) Surges 76% to Become a Top Artificial Intelligence Coin

Render (RENDER) token price has surged 76% in the last 30 days, solidifying its status as one of the most significant artificial intelligence coins in the crypto market.

Despite this recent rally, RENDER is still 35.09% below its previous all-time high, reached in March 2024. Competing closely with TAO, RENDER has been alternating between the first and second positions among AI coins, both of which boast a market cap of approximately $4.55 billion.

The growing narrative around AI altcoins, driven by advancements in crypto AI agents, has created substantial momentum for the sector.

If this trend continues, RENDER stands to benefit from increased adoption and interest, potentially outpacing Bitcoin’s growth and maintaining its upward trajectory into December.