The cryptocurrency bull market is on a significant rise. The current bull run momentum is running strong. With Bitcoin breaching new price levels, the overall crypto market momentum is favoring investors’ and traders’ sentiments.
The current bull season is officially dominated by altcoins. Several altcoins are showing their true potential, projecting numbers beyond their established thresholds.
Altcoins under $1 are specifically performing well, compelling traders to try their hands on “hodling” coins to maximize returns.
Leveraging the current bullish crypto market pace, here are our top 3 crypto picks that could potentially reward their investors with 50% returns.
Also Read: Top 3 Cryptocurrencies Under $0.50 That Could Hit All-Time Highs
Top 3 Cryptocurrencies That Could Potentially Offer 50% Returns
Cryptocurrency 1 – Shiba Inu (SHIB)
Starting with Shiba Inu, Shib is a strong altcoin and a contender that could easily outpace major crypto coins in the market. Poised to gain future momentum due to its strong Shbarium presence and rising statistics, SHIB may provide staggering returns in the near future.
SHIB has noted an incredible surge of 253% in the last 30 days, followed by a surge of 126% in the last seven days. As altcoin fever continues to rage, Shiba Inu may potentially double the investor return if held with accurate pre- and post-trading analysis.
2. Pepe Coin
The beloved frog-themed meme coin “Pepe” has taken the internet by storm as it surged more than 640% in the last 30 days.
Last week’s analytics for Pepe also portray a favorable price trajectory. The meme coin is up a whopping 124% in the last seven days. At press time, the token is slightly down, stable at $0.000006731.
CoinMarketcap describes Pepe as a coin in the league of SHIB and DOGE that strives to establish itself as the leading cryptocurrency. With Pepe rising at a rapid pace, this memecoin may double your fortunes in the current bull run.
“The project aims to capitalize on the popularity of meme coins like Shiba Inu and Dogecoin. The token strives to establish itself as one of the top meme-based cryptocurrencies. PEPE appeals to the cryptocurrency community by instituting a no-tax policy.” CMC later noted
3. Cardano (ADA)
With the ADA’s ecosystem blossoming and expanding ahead, Cardano may also prove lucrative for early traders and investors.
Cardano is inching towards $1, with analysts rife on X, anticipating its historic $1 reach. However, as of now, the crypto is projecting a strong pull towards the coveted $1 mark. ADA is hovering near extreme borders, stable at $0.78, up 9% in the last 24 hours.
Also Read: Cardano Moves Toward $0.80: Is $1 Imminent for ADA?
Cardano is promising considering its positive TVL stats, rising metrics, and bullish signals on all verticals. Per a report by Messari, Cardano is expanding its base consistently.
“This surge in liquidity moved Cardano’s TVL ranking up from 34th to 11th over the year. This growth was observed across established protocols like Minswap and Indigo, which emerged as the largest protocol by TVL in Q4. Simultaneously, Cardano’s infrastructure development continued.” The report shared.
With such positive metrics, Cardano may also prove lucrative for investors.
However, the crypto market is highly volatile and may or may not project similar proceedings as anticipated. Conscious investor sentiment and discretion are necessary while making any crypto transaction.