You must know! Before December 31, these 3 types of Ethereum tokens may change your wealth!
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The 5 Ethereum tokens worth buying in December could profit $1 million.
As Bitcoin forms higher lows and brings hope for today’s recovery rebound, the outlook for the cryptocurrency market is optimistic. Due to this rebound, here are five Ethereum tokens that can be purchased before December 31, with values increasing from $1,000 to $10 million.
Shiba Inu's price is one of the hottest meme coins of 2021, and considering its lackluster performance in 2024, it still has tremendous upside potential. According to data from Santiment, the Net Realized Profit/Loss (NPL) metric has plummeted to -233 million SHIB, indicating capitulation. Typically, capitulation events occur during severe downtrends, where holders panic sell. These points are a good reversal opportunity.
Pepe Coin's price may be the next strong contender to rise from $1,000 to $1 million before December 31. Between July 8 and December 25, the supply on exchanges, according to Santiment, has decreased from 214 trillion tokens to 160 trillion. This 25% drop indicates that investors are becoming increasingly confident in the performance of the frog-based cryptocurrency PEPE.
Dogecoin is the original meme coin and has risen 350% in the past two months, with further upside expected. As the 30-day MVRV drops to -22%, this presents an opportunity indicating that short-term holders are capitulating. This is an area where the price previously formed a bottom, leading to a reversal. Additionally, long-term holders tend to accumulate Dogecoin from the capitulation of short-term holders, increasing the credibility of the bottom formation.
Since the peak of $2.08 on November 17, Popcat (POPCAT) has plummeted 70%. With POPCAT rebounding from the key support level of $0.64, the chances of a rebound are high. This cat-themed meme token surged 2,600% between March 2024. After being listed on major exchanges, Popcat's upward trend stagnated. However, if the momentum seen previously returns, this meme token could trigger a massive rebound.
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