The cryptocurrency market has suffered a 1.5% drop in the past 24 hours, with its total capitalization slipping to $3.24 trillion as stock markets in the U.S. and Europe hit record highs yesterday.
Bitcoin is down by 2% today, although some top-100 coins – including MemeCore, Rain, and Hyperliquid – have managed modest gains.
While crypto has wavered in recent weeks, overall sentiment in global markets remains guardedly optimistic, despite tensions surrounding Venezuela (and also Greenland).
And in view of the possibility that crypto is due to make a significant recovery soon, we’ve picked the next altcoin to turn $100 into $10,000, explaining why it could surge once it lists in the next couple of days.
Next Altcoin to Turn $100 into $10,000 – 7 January
Our next altcoin to turn $100 into $10,000 is PEPENODE ($PEPENODE), an Ethereum-based meme token that is also launching an innovative mining platform.
Having launched in Q4 of last year, its presale will be drawing to a close tomorrow, having raised just over $2.6 million.
For such a new meme token, this figure is impressive, and it attests to the growing confidence the market has in PEPENODE, which is more than just another meme coin.
Its mining platform will give average crypto investors the ability to mine meme tokens without having to invest in and operate expensive mining equipment.
Instead, users can spend PEPENODE tokens on acquiring virtual mining nodes, which they can accumulate in order to grow their own virtual mining rigs.
By buying more nodes and upgrading their nodes, users can earn greater mining rewards, which PEPENODE will pay out in the form of external coins such as Pepe and Fartcoin.
Users can also sell on their virtual nodes once they’re finished with them, while PEPENODE holders can stake the token for a passive income, with the coin’s protocol currently paying a yield of 522% APY.
Taken together, such features could make PEPENODE a very lucrative coin to hold, which helps to explain why its presale has done so well.
PEPENODE Is Launching Tomorrow: Here’s How to Buy Early
This is why PEPENODE is our next altcoin to turn $100 into $10,000, since it has the potential to rise steadily once it launches towards the end of this week.
It will have a max supply of 210 billion PEPENODE, which it will allocate between development (35%), treasury (35%), node rewards (7.5%), marketing (15%), and listings (15%).
While its sale will be ending tomorrow, latecomers can still join by going to the PEPENODE website and connecting a compatible wallet (e.g., Best Wallet).
The token is selling at its final presale price of $0.0012161, and given its growing popularity, there’s a real chance that it could jump above this once it goes live on exchanges.
Its launch is arguably coming at just the right time, since the market has shown signs of recovery in recent weeks, without moving decisively out of an oversold position.
In other words, its launch could coincide with a big market-wide rally, helping to push its price up higher.
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