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Next Crypto to Hit $1 in 2024 – Top Coins Under $1

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Tracking down the next crypto to hit $1 can feel like an impossible task – especially when so many tokens are still stuck in micro-cent land in 2024. But don’t worry, I’ve got your back. The key is to focus on a few crucial factors: recent price action, market cap potential, and the niche each crypto is aiming to disrupt.

Stick with me as I break down 7 crypto tokens that could break through the $1 mark in the next few months. From meme coins to DeFi projects, I’ve got something for every type of investor, so you’ll be well-diversified and ready for the ride!

Top 7 Cryptos That Could Hit $1 Next

These 7 projects could be the next crypto to hit $1 in 2024:

  1. Pepe Unchained – The overall best chance of hitting $1 with a 116x projected upside
  2. Crypto All-Stars – Wager multiple meme coins and earn huge staking rewards
  3. Shiba Shootout – Wild West-inspired mobile game with lotteries and campfire stories
  4. Dogecoin – The largest meme coin by market cap with a solid chance of hitting $1
  5. Kaspa – Open-source layer 1 blockchain with 350% gains in the past year

My Analysis of the Next Coins to Hit $1

I’ll now discuss the above 7 projects in more detail. Read on to discover the next crypto token to hit $1 2024.

1. Pepe Unchained – The Overall Best Chance of Hitting $1 With a 116x Projected Upside

Pepe Unchained Key Features

  • Brand-new meme coin with a native layer 2 network
  • Almost $26.62 million in presale funds
  • Required upside of 116x to reach $1

Pepe Unchained ($PEPU) is my overall top pick. This new crypto project is currently in presale – almost $5 million has been raised so far. Pepe Unchained is one of the meme coins inspired by the original Pepe. However, unlike Pepe, Pepe Unchained has developed a proprietary network.

This is a layer 2 network for the Ethereum blockchain. It ensures that $PEPU transactions are fast, secure, and highly scalable. What’s more, its layer 2 solution means that Pepe Unchained has an actual use – unlike most meme coins. Not only that, but Pepe Unchained is one of the best crypto staking coins.

Pepe Unchained presale

Presale investors already earn staking APYs of 91% – without lock-up terms. In terms of pricing, $PEPU is currently available at $0.01249. This price will increase in about 24 hours. $PEPU will need a presale upside of 116x to reach $1. This is a realistic prospect, considering the success of Pepe Unchained’s presale and increased crypto market sentiment. Check out our guide on How to Buy Pepe Unchained if you want to get involved!

Visit Pepe Unchained

If you want to check out Jacob’s take on Pepe Unchained, be sure to check out his take on its price potential below:

2. Crypto All-Stars – Stake Multiple Meme Coins and Get a 3x Staking APY

Crypto All-Stars Key Features

  • Wager multiple meme coins on this ecosystem
  • 3x staking rewards for $STARS token holders
  • Stake $STARS and get 950% staking APY

Crypto All-Stars ($STARS) is a new crypto token that is conducting the meme coin event of the century. On this revolutionary platform, meme coin lovers can stake all their holdings – including Dogecoin, Pepe, Shiba Inu, and many more. 

Crypto All-Stars presale

All these coins can be staked on Crypto All-Stars’ ‘MemeVault.’ Notably, 25% of Crypto All-Stars’ 42.069 billion token supply will be allocated through the MemeVault as rewards. To earn higher rewards, you can hold the $STARS token – and get a 3x APY through the MemeVault. 

Furthermore, the $STARS token can directly be staked on the platform to earn an annual yield of up to 950%. Currently, $STARS is priced at 0.0015556 on presale. So far, the presale has raised over $3.30 million. 

To learn more about this project, read the Crypto All-Stars whitepaper and join the Telegram channel

Visit Crypto All-Stars

3. Shiba Shootout – Wild West-Inspired Mobile Game With Lotteries and Campfire Stories

Shiba Shootout Key Features

  • Mobile crypto game based on the Wild West
  • Exclusive mobile app for Android and iOS smartphones
  • Earn bonus tokens when sharing meme coin stories

Shiba Shootout ($SHIBASHOOT) is another top-rated crypto project from the play-to-earn space. Unlike other presales, Shiba Shootout already has a working product. It has developed a mobile game for Android and iOS. The app can be downloaded for free on the respective app store. Shiba Shootout is based on a Wild West theme.

Users enter duels with their preferred meme characters. Those victorious earn tokenized rewards – paid in $SHIBASHOOT. Users can earn bonus tokens outside of the gaming app. This includes sharing ‘meme coin stories’ with the community. There’s also the Lucky Lasso lottery games, where users can win big prizes.

Shiba Shootout presale

Another standout feature is the Shiba Shootout DAO. Token holders can cast votes on key project decisions, ensuring a fair, transparent, and inclusive ecosystem. The Shiba Shootout has raised almost $1.28 million so far. Tokens are currently priced at $0.021, meaning a required upside of 51x to hit $1.

Visit Shiba Shootout

4. Dogecoin – The Largest Meme Coin by Market Cap With a Solid Chance of Hitting $1       

Dogecoin Key Features

  • The largest and most popular meme coin in the market
  • Previously hit all-time highs of $0.7376
  • Required upside of just 7x to reach $1

Next on this list is Dogecoin (DOGE) – the first and largest meme coin in the crypto space. Dogecoin was launched in 2013, making it one of the oldest crypto tokens around. The DOGE price exploded during the prior bull market – hitting all-time highs of $0.7376 in 2021. However, Dogecoin currently trades at just $0.28.

This means the DOGE price has declined by 81% since its peak. Nonetheless, it has every chance of being the next cryptocurrency to hit $1. For a start, the recent price trajectory has been promising – Dogecoin is up 94% in the past year. Moreover, Dogecoin has witnessed a 10% increase in the prior month.

Dogecoin price

Based on current prices, Dogecoin would only need to achieve an upside of about 7x to hit $1. This would give Dogecoin a market capitalization of approximately $140 billion. Dogecoin is listed on most crypto exchanges, including eToro. This regulated exchange offers low fees and has a minimum investment requirement of just $10.

Visit eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future. 

US customers can only invest in Ethereum, Bitcoin, and Bitcoin Cash.

5. Kaspa – Open-Source Layer 1 Blockchain With 350% Gains in the Past Year       

Kaspa Key Features

  • Layer 1 blockchain with speed and scalability
  • 350% gains in the past 12 months
  • Offers plenty of long-term potential

Last on this list is Kaspa (KAS). This is a layer 1 blockchain network with strong performance metrics. It uses the proof-of-work (PoW) consensus mechanism. But unlike Bitcoin’s PoW framework, Kaspa is energy-efficient. It’s also significantly faster and more scalable. For instance, average transaction times are just 1 second.

This is without compromising on security, making Kaspa a great alternative for day-to-day transactions. KAS has been on a strong upward trajectory since launching in mid-2022. It has produced gains of 350% in the prior 12 months. And unprecedented growth of more than 94,000% since its inception.

Kaspa price

Kaspa currently has a market capitalization of $4.2 billion. This is just a fraction of other layer 1 blockchains, meaning it still has plenty of upside potential. Moreover, KAS is currently priced at $0.1753. This means Kaspa only needs to grow by 5.7x to reach $1. The best place to buy KAS is MEXC, which supports spot and derivative markets.

Visit MEXC

How I Picked These Potential Next $1 Cryptos

Many tokens sit within the “penny crypto” category. This makes it increasingly challenging to discover projects that have a realistic chance of hitting $1.

This section explains how I created my list of potential projects. This will help you find suitable options independently.

Current Price and Market Capitalization

I initially created a short list of tokens that have a practicable chance of reaching the $1 milestone. After all, not all projects can realistically achieve this feat. Therefore, I examined the existing token price and market capitalization.

  • Take Shiba Inu as a prime example.
  • This popular meme coin is currently priced at $0.00001758.
  • So, to hit $1, Shiba Inu would need to increase by 56,882x.
  • This might have been possible if Shiba Inu was a micro-cap project.
  • However, it’s currently valued at over $10 billion.
  • This means reaching $1 would require a market capitalization of over $560 trillion – an all-but-impossible feat.

Now compare this to Dogecoin – which is currently priced at $0.1378. Dogecoin would require an upside of just 7x to reach $1. This would value Dogecoin at $140 billion. Similarly, Kaspa is currently trading at $0.1753, so the $1 milestone would only need an upside of 5.7x.

Ultimately, it’s important to set realistic goals when searching for the next crypto to hit 1 dollar.

Presale Listings

You might have noticed that many of my $1 picks were presale campaigns. This is because many presale tokens experience a rapid price momentum after listing on exchanges. As such, projects can hit $1 just weeks after launching.

Moreover, you’ll get the lowest entry price when investing in presales. This is because presales offer discounted prices to early participants. This reduces the required upside, as you’re entering the market on a more favorable cost basis.

Pepe Unchained presale

Some of the top presales to explore include Pepe Unchained and Crypto All-Stars. Scroll up for a recap on these projects, and why they could be the next tokens to hit $1.

Crypto Narratives

I found that the best-performing crypto tokens come from specific narratives. These narratives are often short-lived, so it’s wise to stay informed on existing and future trends. That’s why I picked $1 tokens from various niches.

For example, I choose Shiba Shootout, and Pepe Unchained are hot picks from the play-to-earn gaming space. Other trending narratives include meme coins, AI, and crypto gambling. Consider building a diversified portfolio for each of these niches.

Social Media Strength

Projects with a strong presence on social media have a solid chance of hitting $1. This is where seasoned investors find the next big crypto tokens. For example, consider that WienerAI already has over 15,000 X followers, even though its presale is still ongoing.

We’d also suggest checking Discord and Telegram groups. Projects with a big community often have “shilling armies.” These are token holders who actively promote the respective projects on social media. Other than that, look for consistent engagement and interaction on these platforms. A project that regularly updates its followers and fosters an active, supportive community is more likely to gain momentum and achieve significant milestones.

Price Performance

Investors should also analyze the price performance when finding the next $1 tokens. Although the crypto markets often move in tandem, it’s a good idea to compare prices with the broader average.

For example, suppose that altcoins have increased by 7% in the past month. If you come across an altcoin that has grown by 40% over the same period, this is a bullish flag. After all, the project has outperformed the market average.

Recent Example of a Token Hitting $1

Several tokens have reached the $1 milestone this year.  One of the most notable is dogwifhat – a trending meme coin on the Solana network.

CoinGecko data shows that dogwifhat was priced at $0.1742 when it launched in December 2023. Dogwifhat hit $1 in March 2024. Its strong momentum continued until the end of the month, hitting all-time highs of $4.83. The current price of $WIF is $3.10.

Conclusion

In summary, I’ve revealed 7 crypto projects with a realistic chance of hitting $1. My overall top pick is Pepe Unchained, a brand-new meme coin with a native layer 2 network.

Pepe Unchained is running its presale campaign, meaning you can buy $PEPU tokens at a discount. The presale has already raised almost $5 million.

Visit Pepe Unchained

FAQs

Which cryptos could hit $1 next?

Will XRP hit $1?

Which small cryptos could explode in 2024?

Will Dogecoin hit $1 in 2024?

Can Pepe reach 1 dollar?

References

  1. What are Meme Cryptocurrencies and Should You Buy Them? (CNBC)
  2. What is market capitalisation (market cap) and why does it matter? (BitPanda)
  3. Memecoin Billionaires Are Back With Bets on Being the ‘First Idiot In’ (Bloomberg)
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Kane Pepi is an established financial and crypto content writer who has an impressive portfolio of over 2k articles, guides, and market insights. With his market knowledge in specialized areas such as asset valuation and analysis, portfolio management, and financial crime prevention, Kane Pepi has acquired a good reputation for delivering succinct explanations of complex financial issues. He has a Bachelor's Degree in Finance and a Master's Degree in Financial Crime, and is currently completing his Doctorate degree, which investigates the intricacies of money laundering in the cryptocurrency and blockchain technology sectors. Kane's experience in the world of finance make him a valuable resource for those looking to navigate the world of finance and cryptocurrency.

View all Posts by Kane Pepi

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