Investors exploring 3 altcoins in current crypto bull run
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Owing to the spot Bitcoin ETF approval, February sends out strong signals confirming a bull run. Led by the rally of Bitcoin (BTC) and Ethereum (ETH), several cryptocurrencies have attained their new 2-year highs, bringing a sense of relief from the turmoil.
People worldwide are showing high interest in exploring these highly volatile assets and the underlying technology—blockchain. The following cryptocurrencies, valued much lower than one cent, may turn out to be affordable choices.
Here is a brief analysis of the market sentiment and the latest updates on the three altcoins to consider in 2024:
Shiba Inu
Shiba Inu (SHIB), popularly dubbed as the Dogecoin killer,is up 41% over the past week.
According to CoinMarketCap data, SHIB jumped from $0.00000938 to $0.00001352, its current price range.Â
Shiba Inu developers’ plans to launch newer updates such as Shibarium’s new privacy-focused network catalyzes SHIB’s positive sentiment.
Ever since the launch of Shibarium, SHIB moves with the mission to pin strong utility to its native memecoins
| Market Cap | $7.92 billion |
| All-Time High (ATH) | $0.00008845 (Oct 28, 2021) |
| All-Time Low (ATL) | $0.00000000008165 (Sep 01, 2020) |
| Total Supply | 589.53 trillion |
PEPE
PEPE, the viral frog-themed memecoin, is up by over 180% in the last 30 days.
Moreover, it is worth noting that analysts have spotted higher demand for this meme coin in the futures market.
As per CoinMarketCap, the price of PEPE, at the time of writing, was $0.0000029.Â
| Market Cap | $1.23 billion |
| All-Time High (ATH) | $0.000004354 (May 05, 2023) |
| All-Time Low (ATL) | $0.00000002764 (Apr 27, 2023) |
| Total Supply | 420.69 trillion |
BEFE
BEFE is one of the newcomers in the realm of meme tokens.
Making its debut in the crypto market without a presale, this coin captivated the community’s attention.
As large-cap coins rally, BEFE has also been observing a gradual increase of over 17% in the past month. At the time of writing, BEFE was trading at $0.0004048.Â
| Market Cap | $40.77 million |
| All-Time High (ATH) | $0.001128 (Dec 27, 2023) |
| All-Time Low (ATL) | $0.0001284 (Nov 27, 2023) |
| Total Supply | 100 billion |
SHIB, PEPE, and BEFE are cheap altcoins investors can consider in 2024.
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