Best Cryptos Under $1 With 100x Potential in 2024

Quick Highlights

• Pikamoon (PIKA), The Next 100x Crypto: Promising cryptocurrency with strong fundamentals, a beta version of the game available, a fully doxed team, and a growing community. Features a deflationary token model to combat inflation.
• Meme Coins (PEPE and SHIB): Both SHIB and PEPE leverage the power of community and meme culture to drive growth, with SHIB gaining popularity and endorsements, and PEPE employing a deflationary mechanism for value appreciation.
• Blockchain Innovators (VET and SEI): VET focuses on enterprise-grade solutions for supply chain innovation, while SEI introduces a sector-specific Layer 1 blockchain optimised for trading, both showcasing potential for 100x growth through technology and sustainability.
• Factors for 100x Gains: Innovation, transparency, market demand, tokenomics, alliances, sentiment influence, competitive advantage, hype
• Pikamoon’s Unique Appeal: A successful presale stage raking in $1.4 million in 6 days and simultaneous launch on three crypto exchanges position it as the best crypto under $1 with massive upside potential.

With BTC hitting a new ATH in 2 years, the hunt for the best crypto under $1—those hidden gems with the potential to yield a 100x return—is ON. 2024 looks set to be a year where hidden gems could shine.

We went on the same quest, and after thorough market research, we have identified a handful of cryptocurrencies that could potentially jump 100x in value before the year ends. These gems have strong fundamentals, promising use cases, and are priced under $1, making them accessible to investors with a tight budget.

So, without further ado, let’s jump right in.

100x Crypto Projects: Best Crypto Under $1 With 100x Potential

Below are the penny cryptocurrencies with the most 100x potential: 

1. Pikamoon (PIKA)

• Current Price: $0.0007
• Current Market Cap: $10 million
• Availability: MEXC, Uniswap, Bitget

Pikamoon (PIKA) launched on three tier 1 crypto exchanges within 1 month of its record presales. This is practically unheard of in crypto space. With a current price under $1, it has the potential to make a 100x jump in value within the first few days. Remember Iluvium (ILV) and Axie Infinity (AXS) in the last bull run?

PIKA serves as the native token of the Pikamoon game, which if you don’t know already has a beta version out on Android and iOS, and enjoys a growing community of 10,000 and growing gamers. For context, when Iluvium’s price soared to its peak of $2,868.95, it hadn’t even released a beta version—a milestone PIKA has already achieved.

What sets Pikamoon apart further is its team’s commitment to transparency, a rarity in the often opaque world of cryptocurrency. The founders, Brock, Kanto, and Nix, took the unusual step of publicly revealing their identities in a recent podcast, signalling a strong foundation of trust and openness with their community.

Moreover, PIKA introduces a deflationary token model, coupled with a capped supply, strategically designed to mitigate the risk of inflation—a challenge that Axie Infinity faced with its token. This approach not only enhances the token’s value proposition but also aligns with sustainable growth strategies in the crypto ecosystem.

Considering these factors, PIKA is paving a new path with significant advancements in community engagement, transparency, and economic design. As such, PIKA stands out as a prime candidate for achieving 100x growth, marking it as a cryptocurrency to watch closely as 2024 unfolds.

2. Shiba Inu (SHIB)

• Current Price: $0.0000281
• Current Market cap: 16 billion
• Availability: All Major CEXs & DEXs

While not exactly a hidden gem, SHIB deserves a spot on our list. Shiba Inu has surged 100x this month, and there’s no reason to doubt its ability to replicate this performance in the upcoming months. By 2024, crypto insiders predict it could even eliminate one zero from its current price.

Shiba Inu (SHIB) is a meme coin that gained immense popularity in a short span. It draws inspiration from the Shiba Inu dog, a breed that became famous due to the Doge meme. With a current price under $1, SHIB has the potential to catapult 100x in value by 2024.

One of the reasons behind the meteoric rise of SHIB is its strong and vibrant community. The meme culture surrounding the token has attracted a large number of investors, who are eager to support the project and participate in the growth of the community.

Additionally, this cryptocurrency under $1 has received notable endorsements from influential figures in the cryptocurrency industry. For instance, the CEO of Tesla, Elon Musk, has tweeted about SHIB multiple times, bringing significant attention and credibility to the project. This type of endorsement and exposure has the potential to propel the price of SHIB even further.

Beyond meme currency, SHIB has successfully developed an entire ecosystem around its use cases. These include a DEX (ShibaSwap), a project incubator, three other tokens (LEASH, TREAT and BONE), NFTs, and even a Shiba Inu Rescue Association.

3. Pepe (PEPE)

• Current Price: $0.000008047
• Current Market Cap: $3.3 billion
• Availability: Binance, OKX, Uniswap, ByBit, HTX, Kraken

Pepe (PEPE) coin is a deflationary memecoin that has recently emerged as a potential dark horse in the crypto race quickly making its place in the top 50 cryptos by market capitalisation. It is also a strong candidate to be a crypto most likely to 100x.

With a nod to the iconic Pepe the Frog meme, the PEPE coin aims to establish itself among the top meme-based cryptocurrencies. Its recent market cap surge to $1.6 billion during the memecoin season highlights its explosive growth potential.

One of the key factors that make the Pepe coin an intriguing investment opportunity is its deflationary mechanism. Every transaction involving PEPE coin incurs a 10% fee, with 5% being distributed to holders and the remaining 5% burned forever. This creates a scarcity of tokens over time, which can potentially drive up the value of the PEPE coin significantly.

PEPE’s future roadmap is ambitious, with plans for listings on centralised exchanges and a “meme takeover.”

Despite the founders’ anonymity, their active promotion on social media platforms has built a robust community around the coin. PEPE’s no-tax policy and upfront approach about its utility—or lack thereof—set it apart as a straightforward investment in the memecoin space.

4. VeChain (VET)

• Current Price: $0.04138
• Current Market Cap: $3 billion
• Availability: All major cryptocurrency exchanges

VeChain (VET) is a versatile enterprise-grade L1 smart contract platform. It’s a comprehensive blockchain solution for real-world business applications.

VeChain’s two-token model (VET and VTHO) ensures low and stable transaction costs, which is crucial for enterprise adoption.

In February, Crypto analyst Egrag Crypto made an ultra-bullish prediction for VET, forecasting 140x gains in the bull market. He’s not the only one. Crypto ZX also predicted VET would break key resistance levels around $0.033 before surging to new all-time highs. Since VET has broken those resistance levels, it’s now one of the 100x cryptos you should keep an eye on.

Founded by Sunny Lu, VeChain is one of the oldest smart contract platforms, with a prestigious reputation among enterprise clients. Its focus on supply chain innovation and sustainability applications positions it as a key player in driving blockchain adoption in business.

Therefore, VeChain has the potential for significant growth in the future.

5. Sei (SEI)

• Current Price: $0.8390
• Current Market Cap: $2.2 billion
• Availability: Spot and perpetual markets

Sei (SEI) is another crypto under $1 that will explode this year. It is rapidly becoming a name to watch with a trading volume soaring to nearly $1.9 billion shortly after its debut in August last year. Its integration with USDC and commitment to delivering a fast, cost-efficient trading experience have already set the stage for its potential explosion in the market. 

Looking ahead, forecasts suggest Sei’s price could hit $2.32 by 2025, but it’s the technology and strategic moves behind these numbers that truly highlight its potential for 100x gains.

Sei is the first sector-specific Layer 1 designed specifically for trading, providing a unique advantage for decentralised exchanges (DEXes) through unmatched reliability, scalability, and speed.

Sei has a forward-thinking approach to sustainability and innovation, including its V2 upgrade, commitment to carbon neutrality, and development of incentive-based sustainability dApps.

What sets Sei apart and positions it as a candidate for substantial growth is its specialised focus. As the go-to blockchain for DEXes, Sei tackles the industry’s demand for a platform that can handle the nuances of trading applications without breaking a sweat.

With a live market cap of over $2 billion and a significant 24-hour trading volume, Sei is demonstrating a strong market presence and investor confidence. Its focus on developing incentive-based sustainability dApps and its role as a practical layer 1 choice for builders make it a promising investment for potential 100x growth.

Factors Influencing The Price for 100x Gains For Crypto Projects

Below are some of the factors that play a role in 100x price pumps:

Innovative Edge

A project’s technological innovation is a driving force for exponential growth. Projects that introduce groundbreaking features or enhance existing blockchain technology can capture the market’s imagination and investment.

Transparency

Scams and rug pulls are all too common in the crypto world. Therefore, projects with a transparent team and future roadmap often get the most adoption. With such projects investors can place their trust more readily, fostering a sense of security and community engagement that is crucial for long-term success and growth.

Market Appetite

The success of a crypto project is deeply intertwined with its market demand. Projects that address real-world problems, are user-friendly, and fit well within their target market are more likely to experience rapid adoption and value increase.

Strategic Tokenomics

Thoughtful token design, including supply limits and deflationary mechanisms, can create scarcity and drive up a project’s value. Projects that balance supply with demand effectively usually achieve significant price gains.

Alliances

Forming strategic partnerships can amplify a project’s growth potential. Collaborations with reputable entities can enhance visibility, foster trust, and open up new avenues for adoption.

Sentiment Influence

Market sentiment, shaped by news, social media, and overall investor mood, can have a dramatic impact on a project’s growth trajectory. Positive sentiment can lead to increased investment, while negative sentiment can cause declines.

Competitive Advantage

Standing out in the competitive cryptocurrency market is crucial. Projects that offer unique solutions or address untapped niches are more likely to capture attention and achieve significant growth.

Hype

The buzz created around a crypto project can significantly impact its potential for massive gains. When a project becomes the talk of the town, it draws in curious investors and users, eager to be part of the next big thing. This heightened visibility can lead to a surge in token demand and price.

Fear of Missing Out (FOMO)

FOMO is a powerful psychological trigger in the crypto market. As a project starts gaining momentum and its value begins to rise, investors and traders often experience a fear of missing out on potential profits. This can lead to a rush of buying activity, further propelling the price upward as more and more people pile in, hoping to catch the wave before it’s too late.

Final Thoughts: What’s the best 100x Crypto Project?

There you have it – the best 100x crypto projects. While all of these penny cryptocurrencies deserve investor attention, Pikamoon (PIKA) stands out for its strong fundamentals and growth potential. 

With its operational beta, growing gaming community, and founders’ commitment to transparency, PIKA builds a strong case for investor confidence. Its deflationary token model further enhances its appeal by addressing inflation risks, setting it apart as a cryptocurrency with a solid foundation for potential 100x growth. So buy PIKA now, while the token is still in its early days on the free market.

You can also stay up to date with Pikamoon by joining the official Pikamoon Reddit community. 

Frequently Asked Questions – FAQs

What makes a cryptocurrency a “hidden gem”?

Hidden gems in the cryptocurrency world are typically undervalued assets with strong fundamentals, promising use cases, and significant growth potential. They often have innovative technology, a dedicated community, and strategic partnerships that could drive their value up but haven’t yet gained widespread attention.

Why is transparency important for cryptocurrency projects?

Transparency helps build trust with investors and users by providing clear information about the project’s goals, progress, financials, and team. It reduces the risk of scams and rug pulls, making the project more appealing to potential investors.

Can meme coins be considered serious investment opportunities?

Yes, While meme coins often start as internet jokes, they can become serious investment opportunities if they develop a strong community, find practical use cases, or get endorsed by influential figures. However, they tend to be more volatile and speculative than projects with solid fundamentals and clear use cases.

How do I perform due diligence before investing in a crypto project?

Research the project’s whitepaper for a comprehensive understanding of its goals, technology, and tokenomics. Evaluate the team’s credibility and track record, community engagement through social media and forums, and any partnerships or endorsements. Additionally, consider the project’s market potential and competitive landscape.

Can I invest in Pikamoon (PIKA) or other cryptocurrencies using fiat currency?

Yes, many exchanges allow direct purchases of cryptocurrencies with fiat currency. However, some cryptocurrencies may require buying a more widely available cryptocurrency first (like Bitcoin or Ethereum) and then exchanging it for the target cryptocurrency on platforms where it’s listed.

How do deflationary mechanisms in cryptocurrencies like Pikamoon (PIKA) affect my investment?

Deflationary mechanisms, such as token burning where a portion of tokens is periodically removed from circulation, can potentially increase a cryptocurrency’s value over time by reducing supply. This could be beneficial for long-term holders as scarcity may drive up demand. However, it’s important to understand the specific mechanism in place for each cryptocurrency and consider how it fits into the broader market dynamics and project goals.

Are investments in cryptocurrencies under $1 more risky than more expensive cryptocurrencies?

Not really. Price per token is not directly indicative of risk. Instead, risk assessment should be based on the project’s fundamentals, market position, and potential for growth and adoption.