The cryptocurrency market has rebounded by 3% today, with investors eagerly awaiting this week’s FOMC meeting.
Economists are betting on a rate cut come Wednesday, which has helped to lift prices after a difficult few weeks for crypto.
Bitcoin is up by 3% today, while altcoins such as Ethereum, Solana, and Cardano have posted gains closer to 4%, while Canton and Zcash are up by more than 13%.
Now is therefore a good time to be reentering the market, and we’ve accordingly picked our next altcoin to turn $100 into $10,000, which is the exciting new ERC-20 token PEPENODE ($PEPENODE).
Next Altcoin to Turn $100 into $10,000 – 8 December
First unveiled in September, PEPENODE has since gone on to raise more than $2.2 million in its ongoing presale, which is quickly attracting new converts.
This figure provides a strong vote of confidence in the new project, which is aiming to make cryptocurrency mining more accessible to average investors.
It will do this by enabling users to build and run their own virtual mining rigs, instead of requiring them to invest in expensive mining hardware, as proof-of-work cryptocurrencies do.
By spending PEPENODE tokens on new virtual nodes and by upgrading and combining these nodes, users can earn greater mining rewards.
PEPENODE pays out mining rewards in external tokens such as Fartcoin and Pepe, providing users with a very strong incentive to acquire more PEPENODE tokens in order to enhance their mining rigs.
Holders of the token will also be able to stake it for a passive income, with the current rate of return at 565% APY.
This is hugely generous, and arguably makes PEPENODE one of the most attractive new tokens to invest in at the moment.
PEPENODE Will Launch Soon: Here’s How to Buy Early
Traders can invest in PEPENODE by going to its official website and joining its presale, which will run for several more weeks, at which point the coin will list on exchanges.
PEPENODE will have a max supply of 210 billion tokens, with its allocation divided between development, marketing, node rewards, liquidity, and its treasury.
It’s currently selling at a price of $0.0011825, although this price will continue to rise every three days until the same comes to an end.
Investors can use ETH, USDT, BNB, or fiat to buy whatever amount of the token they want, and will receive their coins once the sale closes.
Given the market appears to be preparing for a big comeback, now may be an ideal time for a new token launch.
And because it has such strong fundamentals, PEPENODE is our next altcoin to turn $100 into $10,000.
Visit the Official Pepenode Website Here
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