The cryptocurrency market has been on a roller coaster with prices rising and falling in equal measure. Bitcoin dropped from its all-time high and tested support at $60,500. The entire market also turned bloody over the last weekend and early this week. Dogecoin, the leading meme coin suffered a major drawback, falling to $0.1225 from highs of $0.2067. For that reason, investors desiring quicker gains and yet sustainable gains are looking towards little-known Dogecoin ‘killers’ to buy such as Dogecoin20 (DOGE20), Terra Classic (LUNC), and Scotty Beam (SCOTTY).
1. Dogecoin20 (DOGE20)
Dogecoin20 (DOGE20) is revolutionizing the meme coin scene with its state-of-the-art upgrade, presenting an unparalleled opportunity to get in early during its pre-sale phase. The launch offers enthusiasts a golden ticket into the future of ‘Doge 2.0’ at highly affordable rates.
This version introduces an innovative staking mechanism that ensures a steady flow of passive income. It also boasts an environmentally friendly consensus method and a well-thought-out economic model aimed at long-term viability. Due to these features, $DOGE20 is on track to dominate the market as the latest viral dog-themed cryptocurrency.
Currently, the Dogecoin20 price is valued at $0.003613, witnessing a 6.72% increase in the past day alone. This significant uptick suggests a bright future, positioning it as a must-have in any diversified $1000 Crypto Portfolio for 2024.
2. Terra Classic (LUNC)
Over the past 24 hours, a noticeable downturn of 6.78% in transaction volume was recorded, settling at $72.93 million. This downturn suggests a reduction in market activity following a recent correction, placing Terra Classic among the top 110 cryptocurrencies with a market cap of $794 million, according to Coinmarketcap data.
The trading day for LUNC began on a positive note, with its value peaking at $0.0001481. However, it encountered resistance at this level, indicating a potential shift in market dynamics.
The monthly analysis for LUNC points to an optimistic trend, marked by a 12% increase. The price fluctuation ranged between $0.0002355 and $0.0001119, showing a minor decline overall.
This week, a 13% decrease in Terra Classic’s value was observed, mirroring a wider market downturn affecting numerous cryptocurrencies. The crypto market as a whole is experiencing a slight pullback, with Bitcoin dropping below the $64,000 benchmark and Ethereum falling under $3300.
If the bearish trend intensifies, LUNC’s value might retreat to the $0.00013 support level. A continued decline could press LUNC to explore new lows around $0.0001, testing further support zones.
3. Scotty Beam (SCOTTY)
Scotty Beam (SCOTTY), heralded as the inaugural universal NFT transporter and INO platform, stands at the forefront of empowering crypto enthusiasts to navigate NFTs across diverse blockchain realms seamlessly.
It bridges Metaverses, gaming worlds, and marketplaces, slicing through complexities to enhance both value and enjoyment on this interstellar journey.
Currently, Scotty Beam’s price has hit $0.008791, alongside a daily trading volume reaching $367,046. Experiencing a robust upswing of 19.15% over the past day, its standing on CoinMarketCap now places it at rank 1362, boasting a market capitalization of $4,049,911.
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from CoinGape