The cryptocurrency market is witnessing rejuvenated investor sentiment, with Bitcoin (BTC) reclaiming the $63k level. The original crypto is down by only 8.1% from its all-time high of $69,044, which it attained in November 2021.
With BTC inching closer to its all-time high, let’s look at three crypto assets under $0.50 that could hit new peaks this year.
Top 3 cryptocurrencies under $0.50 that could hit all-time highs
Bonk (BONK):
Solana (SOL)-based cryptocurrency BONK has seen a significant price spike over the last few days. The asset has rallied by over 34% in the daily charts, nearly 168% in the weekly charts, and more than 205% over the previous month. Moreover, BONK’s price has increased by a whopping 4922% since March 2023.
Also Read: Top 3 Cryptocurrencies That May Hit All-Time Highs in March 2024
BONK is currently down by only 6.4% from its all-time high of $0.00003416, which it attained in December 2023.
Pepe (PEPE):
PEPE is currently the best-performing cryptocurrency among the top 100 projects. The asset rallied by 62% in the daily charts, 377% in the weekly charts, 448.3% in the 14-day charts, and 607.9% over the previous month.
PEPE hit a new all-time high earlier today. However, prices have dropped 3% from their latest peak. Nonetheless, if BTC continues its bullish trajectory, PEPE may hit a peak very soon.
Shiba Inu (SHIB):
Shiba Inu (SHIB) is one of the most popular cryptocurrencies. The asset is following the general uptrend in the market. SHIB has rallied by 18.1% in the daily charts, 162% in the weekly charts, 157.6% in the 14-day charts, and 176.4% over the previous month. Moreover, SHIB’s price has increased by 122.6% since March 2023.
Also Read: Top 3 Cryptocurrencies That Could Skyrocket in The Next Bull Run
Although SHIB is currently down by over 70% from its all-time high of $0.00008616, there is a possibility that the asset may reclaim this level very soon. However, for SHIB to reclaim its all-time high, BTC has to continue its bullish trajectory. If BTC reclaims its 2021 peak, SHIB may follow suit.
