Crypto Gloom

3 tokens under $0.1 that have the potential to turn $1 into $10 in 2024

After the dramatic events following the SEC’s approval of an all-Bitcoin ETF, the market is finally back on a bullish trajectory. Bitcoin, which became a news selling event due to the massive outflow from Grayscale, finally turned things around and surpassed the market cap of the silver ETF.

Additionally, from rising institutional interest to the upcoming Bitcoin halving in April, the market is gearing up for a bull market. In the upcoming bull market, finding $0.10, preferably small-cap coins, has a better chance of growing 10x. Simply put, this coin can turn $1 into $10 this bull year.

Are you having trouble finding such coins? Do not worry. Coinpedia offers three tokens worth less than $0.10 that will allow you to change $1 into $10 in 2024. Read the full analysis below for more details.

  1. dried (POND)

Marlin (POND) is a cutting-edge protocol that aims to power DeFi and Web 3.0 performance through high-speed network infrastructure. POND, the native token, plays a pivotal role in network participation, governance, and staking for validator nodes.

Traders should note the main uses of POND: staking for network validation, voting on governance proposals, and as an insurance fund in case of service breaches. Marlin’s core mission is to transform the user experience on the decentralized web by combining blockchain security with Web 2.0 speed.

For those interested in a networking role, POND is just the ticket. Join Marlin’s quest to redefine web performance and earn MPOND by staking or converting it through FlowMint.

Looking at POND’s financial performance, the token has grown by 124% over the past year. This rally comes in a volatile 2023, taking the pair back $0.020 from a depth of $0.0066.

A growing sector that is a DeFi token and promises high-speed networks to users could fuel a bull market for Marlin. Therefore, this coin shows the potential to generate 10x returns in 2024.

  1. Siacoin (SC)

Siacoin (SC) offers an attractive angle for traders seeking exposure to the decentralized finance (DeFi) sector. As the currency for Sia’s decentralized cloud storage, SC is at the forefront of blockchain’s real-world applications.

With smart contracts ensuring secure transactions on the Sia marketplace, the role of the SC is pivotal for users participating in the network. The impressive growth of +75,000% since the all-time low of $0.00001131 in December 2015 reflects its strong appreciation potential.

After rising 158% in the last 365 days, the SC token price is on a fast-track to recovery, poised to break the $0.01 barrier. As the bull market accelerates in 2024, the altcoin could reach $0.10 by the end of the year.

  1. Kronos (CRO)

Cronos (CRO) is a key player for traders focused on the intersection of blockchain technology and financial services. CRO, the native token of Cronos Chain developed by the popular Crypto.com platform, underpins a broad ecosystem that aims to drive cryptocurrency adoption globally.

CRO’s utility extends beyond its role in facilitating transactions on Crypto.com’s Pay mobile app to Crypto.com’s diverse product line, promising wider coverage in the future.

Since its all-time low of $0.01149, CRO has seen significant growth of +6000%, demonstrating its potential as a profitable asset for traders betting on expanding access to digital finance and cryptocurrencies.

CRO’s strategic vision to serve as the cornerstone of Crypto.com’s products highlights its investment appeal. It is especially suitable for those looking to capitalize on the burgeoning role of cryptocurrencies in enhancing financial control, privacy, and user autonomy.

Trading at $0.08214, CRO price shows a reversal rally and a noticeable trend in the upcoming altcoin season.