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Cryptocurrency News Articles
4 Undervalued Cryptocurrencies With Mega Rally Potential That Could Return 1000% In Coming Months
Oct 06, 2024 at 10:07 pm
Neiro (NEIRO) saw a notable change in fortune this month, as it surged over 2000% to reach an ATH of $0.001327 on Sept. 24. This impressive move comes after the token listed on Binance and KuCoin.
After surging over 2000% to hit an all-time high of $0.001327 on Sept. 24, Neiro (NEIRO) has notably corrected 14% and is currently trading at $0.001082. However, the token’s recent surge, sparked by its listing on Binance and KuCoin, has grabbed attention and highlighted promising opportunities in the cryptocurrency market.
Four other undervalued cryptocurrencies, Rexas Finance (RXS), Bonk (BONK), Shiba Inu (SHIB), and Pepe Coin (PEPE), are also showing outstanding potential for mega rallies during this run. Experts believe they could return over 1000% in the coming months.
Rexas Finance (RXS) is gaining traction quickly because of its distinct emphasis on tokenizing real-world assets. Users of the platform can tokenize tangible assets, including gold, real estate, and commodities, granting fractional ownership and international access to once-illiquid items.
Rexas targets a market worth over $200 trillion, the real-world asset sector, which is predicted to develop exponentially. It puts real-world assets on the blockchain, therefore changing conventional asset management. Currently, the project is in Stage 3 of its presale, with tokens being offered at $0.050. Stage 4 will see a climb to $0.060.
Having launched on September 8, Rexas Finance has sold more than 49.3 million tokens, raising over $2 million. Early adopters could stand to gain a six-fold return when RXS is listed at $0.20 following the presale, as tokens were made available for $0.030 during Stage 1 of the presale.
With a total supply of one billion tokens and an emphasis on yield farming, decentralized finance (DeFi), and real-world asset (RWA) tokenization, RXS offers especially advantageous tokenomics for investors.
Its capacity to break down boundaries between blockchain technology and physical assets makes it a formidable competitor in the quickly growing asset tokenization sector. Experts predict an immediate 3700% surge for RXS token post-listing, making it one of the best cryptos to have in 2024.
Bonk is a meme token rooted in Solana that has the potential to develop exponentially. Recent rumours about Bonk’s possible introduction of an exchange-traded product (ETP) in the United States and rekindled investor interest after the token was mentioned by a U.S. financial advisor in the context of a derivative product.
This development and the broader market rebound have seen Bonk surge 47% over the past week. As Bitcoin ascends, altcoins like Bonk have benefited from the market rally.
Right now, the Bonk price is forming a bullish double-bottom pattern, which is sometimes seen as an indication of impending big gains. Market observers anticipate a 30% increase as the cryptocurrency gets closer to the crucial barrier at $0.000023.
In the event of a successful breakthrough, rising investor confidence, and a spike in derivatives market activity might propel Bonk to $0.000031 and set the stage for a 10x surge. Considering BONK already turned in an 80000% during the Q1 bull run, experts believe this feat is achievable.
SHIB has recently demonstrated resilience, surging toward its March peak of $0.000045, as it rose over 33% to reach its current price of $0.00001951 in the past week. The expectation of an October price pump, sparked by a tweet from the top Shiba Inu marketer, is one of the main factors behind the breed’s recent surge in popularity.
Highlighting the community’s anticipation of a price increase in October, Shiba Inu’s top marketer, known as LUCIE, shared a meme suggesting a notable price gain in the upcoming months.
Apart from the positive outlook of the market, SHIB’s continuous progress, such as the enlargement of the Shibarium ecosystem and possible integrations with stablecoins, also enhances optimism for the project.
Shiba Inu is currently up over 240% year-to-date. Analysts predict a gain of up to 1,000%, which would be comparable to the stock’s sharp increase in 2021. Large whales are still accumulating SHIB, which puts the token in a strong position for another strong surge.
With a string of remarkable price moves, the frog-themed cryptocurrency Pepe Coin has been creating quite a stir in the meme coin industry. PEPE has increased by 16% in the last week due to
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