The quest for the next cryptocurrency that will deliver a mouthwatering return on investment is fully on. With hundreds of thousands of coins available in the market and new ones springing up every other day, it is difficult to keep up with new token options for diversification.
Let’s face it, investors are shifting towards coins that can offer up to 1000x profits within a short time. The kind of project where your $1,000 would skyrocket into a million dollars. With the massive pool of cryptocurrencies available, it is quite difficult to comb through and select the most promising ones ahead of the crypto bull run.
However, we have made it easier with our top 5 selections of the next 1000x crypto coins to choose from. The following list comprises tokens that cut across various segments of the market, from memecoins to payment tokens, to DEX coins.
Keep in mind that the crypto market is highly volatile, and even though nothing is guaranteed, a proper analysis can help determine which crypto has the potential to jump 1000x. With that in mind, let’s get right into it. With that by the side, let’s get right into it.
Top 5 1000x Crypto in 2024
Pepe unchained (Best memecoin that can jump 1000x)
Memebet Token (Telegram casino-related memecoin)
Coindexer (Decentralized exchange native token)
Spacepay (Crypto payment protocol token)
Sponge V2 token (Memecoin with significant community engagement)
In the following section, we will have an overview of the above-mentioned tokens to see what they offer.
1. Pepe Unchained (PEPU)
We have selected Pepe Unchained (PEPU), an Ethereum-based memecoin as the top coin that can give a 1000x return in the long term. Some of the factors that place this token in the #1 spot are its high-speed transactions, low transaction fees, and huge staking rewards.
PEPU is a memecoin developed on the Ethereum’s layer-two (L2) blockchain. Since L2 blockchain solutions help to reduce the load on the main network, it gives room for increased efficiency, better throughput, and reduced cost. Consequently, investors can complete transactions at impressive speed.
Moreover, PEPU holders can receive double rewards from Pepe Unchained by staking their tokens. What is most impressive is that the coin is still in its presale. Presales are a good way to venture into a crypto project at a very discounted price. This positions you for staggering profits when the coin finally launches.
According to data from the website, PEPU has raised $19.8 million and currently sells for $0.00999 per coin. Ultimately, PEPU has a total supply of 8 billion tokens with 1.6 billion distributed during the presale.
2. Memebet Token (MEMEBET)
Have you ever thought about wagering memecoins in an online casino? I bet you haven’t. This is what the Memebet coin is all about. Memecoins are starting to move away from the conventional “laugh” tokens to offering more use cases.
Memebet is a Telegram Casino that allows holders to bet several meme coins in one ecosystem and earn air drops, mouthwatering cash prizes, and VIP bonuses. Players can wager other popular meme coins like Pepe and Dogecoin, however, those that wager MEMEBET will receive airdrop rewards.
MEMEBET is also in its presale stage, offering investors the opportunity to buy in ahead of the official launch. With the hype around the token, it has the potential to deliver 1000x gains upon launch in 2024. It is interesting to know that 20% of the total supply will be allocated as rewards for wagers in the casino.
3. Coindexer (COINDEX)
Taking a short break from memecoins, our next 1000x coin is a native token of a DEX. Coindexer is a decentralized exchange that offers advanced trading tools like stop-loss, margin trading, and limit orders on its platform. The exchange takes security seriously as it carries out regular smart contract audits and thorough code reviews to ensure that its user’s transactions are secure.
Coindexer recently launched its native coin COINDEX on presale. According to its website data, COINDEX has raised about $61,170 from its presale, with a target of $368.7k. What is more, Coindexer users can stake COINDEX tokens to get a high annual return. COINDEX is currently selling at $0.00173 and can be purchased using either ETH, USDT stablecoin, or a debit card.
4. Spacepay (SPY)
Our next pick for the next 1000x crypto in 2024 is Spacepay (SPY). This project has the potential to rocket exponentially because of its revolutionary utility. Spacepay is a crypto payment solution that will introduce a decentralized terminal-agnostic payment protocol that will allow uninterrupted crypto transactions at POS locations.
Users can utilize Spacepay as a reliable crypto-payment method for everyday transactions globally. The native token SPY has launched on presale. Data from its website show that the token has raised $431,100 at a selling price of $0.001910 per token.
With 20% of its 34 billion total supply being allocated through the presale, the native token SPY will be distributed to the platform’s most active users monthly. This means that the more you use the platform, the more SPY tokens you receive for free.
5. Sponge V2 Token (SPONGEV2)
Moving back to the memecoin segment, the last coin on our list of the next 1000x coins in 2024 is Sponge V2 Token ($SPONGEV2). The coin has already shown huge potential through its performance in the presale. The project has a dedicated community that helps to position it as an attractive investment in the market.
Sponge V2 has allocated about 27% of its total supply for the presale which means that potential investors can get in on the project at a very discounted price. Per its website data, SPONGEV2 currently sells for $0.000021 and has raised $319,573 so far. Additionally, users can stake their coins to earn rewards.
Since memecoins thrive on social media hype and community engagement, SPONGEV2 positions for a staggering 1000x upsurge feeding off its vibrant community activities.
Conclusion
Investing in cryptocurrencies is a very lucrative way to make passive income. However, with the right information and pointers, investors can make staggering profits, elevating their finances to unprecedented levels.
Some of the best strategies to achieve this are to identify new crypto tokens with smaller market caps and also to check out for coins still in their presale. With this, investors can locate the next 1000x crypto. Our best overall pick is Pepe Unchained (PEPU) because it offers very fast transaction speed and has raised an impressive $19.8 million in its presale rounds.
The post These are the Next 1000x Crypto to Look Out For in 2024 appeared first on Coinfomania.