3 altcoins to watch amid 2024 market speculation

The crypto market rejoiced in 2024 as the year brought the industry back to its feet. While the market has entered a slight slump in the past several weeks, the year has been a lifesaver for cryptocurrencies for the most part.

That is why investors are trying to find the best altcoins amid market speculation. Although it is challenging to predict crypto asset movement, here is an overview of the best-performing coins in the market.

Pepe Coin

PEPE is promising meme crypto on Ethereum, and it has been gaining momentum, as have DOGE and SHIBA. 

Pepe coin has gained 221.45% in value in the past year alone. The meme token is trading at 0.000008165 dollars, with a 15.85% surge in the past month. Based on its volume, PEPE ranks 12th among the top cryptocurrencies.

Regarding market cap, PEPE ranks 30th with a value of 3.59 billion dollars.

Floki Coin

Similar to PEPE, FLOKI is also a meme coin based on Elon Musk’s pet dog. The token has surged 355.49% in value over the past year.

It is trading at 0.0001778 dollars, with an 11.97% dip in the past month. FLOKI is not performing as well as PEPE but is ranked 42nd among the top cryptos based on volume. Its market cap of 1.7 billion dollars allows the coin to rank 56th in the market.

Bonk Coin

BONK is yet another dog-based meme coin that is popular among traders. The token has surged 4857.33% in value for the past year.

It has gained 7.59% value in the past month alone and is trading at 0.00002481 dollars right now. BONK is performing better than FLOKI in volume with 331 million dollars. But on the market cap front, BONK is ranked 59th with 1.58 billion dollars.

With the crypto market looking forward to a quick recovery, these coins are among the best options for traders. However, conducting due research and analysis is crucial before making the final decision.

Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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