Considering you do not live under a rock, the stars are aligning for the crypto bulls in 2024, from the fourth Bitcoin halving coming this year to the Bitcoin ETFs getting approval. The potential altcoin season seems just around the corner.
Amidst the upcoming altcoin season, the most significant altcoins are sure to perform. However, these altcoins are already too big to give exponential returns in the coming season.
To find such coins with the potential for remarkable performance, let’s look at the coins under $0.10. These coins are much easier to invest in, and most are small caps, so the chances of a bull run in these are astronomical.
So, are you prepared to dive into the volatile parts of altcoins under $0.10 that could skyrocket soon? Here are the top 10 altcoins under $0.10 that you should consider buying before the bull run begins.
BONK (BONK)
Being the biggest meme coin in the Solana ecosystem, the BONK crypto is ready for a bull run this altcoin season. Despite a notable pullback in the daily chart, the BONK crypto price is prepping for a leap with consolidation in motion.
Trading below the 50D EMA, the BONK crypto is under a consolidation range for the time being with the lower high trend formation. Furthermore, the chances of a double bottom pattern are arising with the dynamic average line as the neckline.
Hence, a breakout above the 50D EMA will prolong the reversal rally in the BONK price and potentially reach the $0.000025 mark. Optimistically, the meme coin can reach the $0.000050 mark, considering the altcoin season arrives in this “pre-halving rally” season for Bitcoin.
GALA (GALA)
GALA, in the thick of the Gaming/Metaverse buzz, is enduring market pressure yet stands at the edge of a trend reversal. The emergence of a potential double-bottom pattern could signal a joyride up to the $0.035 threshold if bulls take the helm.
Hence, with the increasing anticipations around the reversal and avoiding the death cross possibility, the GALA price
Shiba Inu (SHIB)
Shiba Inu is the second biggest crypto in the meme coin sector, with a market cap of $5.30 Billion. With the ongoing correction, the descending wedge traps the trend momentum of this highly volatile meme coin.
However, with the increasing likelihood of a bullish breakout with the reversal from the 200D EMA, the SHIB price is ready for a high-speed uptrend. In case the bullish breakout rally surpasses the $0.000010 mark, the uptrend can lead to massive gains in 2024, potentially giving 10x returns.
Dogecoin (DOGE)
Being the only meme coin with a bigger market cap than Shiba Inu, the world’s first meme coin, Dogecoin, still has a lot of bullish potential. Dragging near the 200D EMA, the altcoin is avoiding a drop below the crucial 200D EMA.
However, the growing divergence and the anticipations of a new altcoin season could fuel this month’s DOGE price rally. As per the Fibonacci levels, the breakout trend could result in a price jump beyond the $0.10 mark.
Oasis Network (ROSE)
With a remarkable bull run in the last weeks of 2023, the ROSE price trend has set a bullish spiral in motion. In this upward cycle, the altcoin is sustaining above the $0.10 mark and gives a pullback breakout setup for sideline traders to enter with confidence.
Currently, the altcoin is sustaining above the 50-day EMA and gives a successful retest of the breakout. As per the Fibonacci levels, the ROSE price closing above $0.115 will signal a bullish trade opportunity.
Siacoin (SC)
With a rounding bottom reversal in the weekly chart, Siacoin is preparing a years-long trend reversal. Bouncing back stronger from the low of $0.002, the SC price trend eyes a trend breakout above $0.013.
As per the trend-based Fibonacci levels, considering the uptrend gains momentum this February, the SC price can reach the $0.025 mark again.
Hedera Hashgraph (HBAR)
Despite the recent failure to sustain the double-bottom breakout rally, the HBAR price is testing the 50-day EMA. In hopes of regaining the bullish momentum, the altcoins show high potential for a bullish month.
Currently, the downfall shows a declining trend in trading volume, which projects a possibility of a bullish turnaround. Considering the buyers regain control, as per Fibonacci levels, the HBAR price can reach the $0.12 mark.
HEX (HEX)
With the growing possibility of a golden crossover, the HEX price is ready for a turnaround and reclaim the $0.010 mark. Currently, the uptrend faces opposition from the dynamic 200-day EMA, leading to consolidation with the 50D EMA as the baseline.
Further, with the ongoing consolidation, the divergence in the RSI line projects a high likelihood of a bullish breakout. Hence, in case of a bullish outcome, the HEX price can reach the $0.014 mark.
Marlin (POND)
Marlin is a cutting-edge protocol designed to enhance the infrastructure of DeFi and Web 3.0 with high-performance capabilities. Within the Marlin ecosystem, nodes known as Metanodes power the MarlinVM.
With the growing DeFi sector, the altcoin can result in a sharp bull run in the coming days. Further, the remarkable spike in the trading volume supports the ongoing pump and projects a bullish likelihood.
Status (SNT)
In the weekly chart, the SNT price is in a pullback phase following the recent 100% rise in October 2023. The pullback phase is testing the 50-week EMA and the 78.60% Fibonacci level.
However, the lower price rejection in the weekly candles and the RSI divergence project a quick turnaround in the SNT price shortly.
The Status price can reach the $0.05 mark because the altcoin sustains momentum.
