We have only a few more months in the year but it is never too late for a major shift to occur in the crypto scene. In fact, it is quite likely that several tokens will see major market movements before we go into 2025. These last few months have seen massive implications for crypto in the political scene, as well as developments in several new and existing blockchain ecosystems.
All these mean that several coins are due to surge in price in the coming months every investor should be aware of:
Pepe Unchained
If there is any class of crypto that saw an amazing year, it is undoubtedly meme coins. They might remain controversial in the industry but no one can doubt their success. 2024 has seen a massive influx of promising new meme coins, one of which is Pepe Unchained. Not only has it raised over $17 million in its presale thus far, it is also listed by Kane Pepi on the best cryptocurrency presales of 2024 list. Presales are generally a handy way of spotting new coins (meme coins included) and buying them at lower prices before they’re officially offered on the market.
So, what makes Pepe Unchained so special? Besides invoking the image of the iconic Pepe the Frog meme, it also plans to offer an Ethereum layer-2 scaling solution. This will offer low fees and fast speeds for users, and this has made it a hotly anticipated project. Unlike many meme coins, it does not rely solely on hype and once it hits the market, it seems poised to do well.
Bitcoin
This list would not be complete without the king of the cryptos. 2024 will go down in history as one of the best years for the token. It finally secured its spot ETF approval in the United States and saw billions in inflow. But the best might be yet to come thanks to the upcoming US presidential elections. Both Harris and Trump have made an effort to endear themselves to the crypto industry and the results of the elections could trigger a renewed wave of support for digital assets.
Another thing that could boost the price of Bitcoin moving forward is the possible unveiling of Satoshi Nakamoto, the elusive creator of the asset.
Solana
Solana has had quite a journey over the last few weeks. On the one hand, the token has seen a bit of a price decline as investors seem to be turning their attention to other projects. This might have put the future of the asset into question but don’t count it out just yet. Despite everything, Solana is still one of the most scalable and secure networks on the market.
More recently, this has created a market for Solana-based meme coins like POPCAT and Moo Deng, based on the famous baby hippo. The success these tokens have seen could benefit not just Solana as a blockchain but also the native token, possibly leading to a late 2024 bull run.
XRP
Much of the trouble XRP is currently facing has to do with the latest development in its case against the Securities and Exchange Commission. Ripple Labs, XRP’s parent company, won a landmark case last year which determined that the token is not a security. The SEC has just recently filed an appeal against the decision and this was reflected in a negative price movement.
While it seems like one-step-forward-two-steps-back for XRP, Things could turn around both legally and price-wise before the end of the year. Should Ripple Labs cross-appeal, investors might be more confident in the token. Similarly, holidays could see higher rates of cross-border remittance, which would lead to more use of XRP.
Ether
Just like Bitcoin, Ethereum is a legacy crypto that continues to secure wins. It also got approved for a spot ETF earlier this year and saw major price spikes over the months. The last few months of 2024, however, look quite promising for the network and token. The non-fungible token (NFT) space is making a comeback and with the record volume it is seeing week after week, Ethereum is one of the big winners. If this trajectory continues, on top of the consistent use of Ether, the token and network could finish the year as one of the best-performing projects.
Dogecoin
This year has been all about Dogecoin consolidating its support from powerful figures while also expanding its use cases. Billionaires Elon Musk and Mark Cuban continue to push the token to their millions of supporters while more establishments accept it for goods and services.
Whale watchers have observed that Dogecoin is being accumulated in record amounts and this could be a sign of an impending bull run. Following months of this activity, the much-awaited price spike might come before the end of 2024.