Next Bull Run: Top 3 Cryptos Under $0.50 To Keep an Eye On

• Potential Bull Run in the Cryptocurrency Market
• Top 3 Cryptocurrency Projects under $0.50
• Cardano (ADA)
• VeChain (VET)
• Shiba Inu (SHIB)

Potential Bull Run in the Cryptocurrency Market

Expectations are high for a fresh bull run in the cryptocurrency market in 2024. Analysts cite the next Bitcoin$42,260 -0.64% (BTC) halving and the potential introduction of a BTC spot ETF (Exchange Traded Fund) as catalysts that could spur the upcoming bull market. The likelihood of a bull run could trigger an influx of new investors into the crypto arena. While some may opt for major players like BTC or Ethereum$2,315 -2.42% (ETH), others might prefer to start with smaller investments. Therefore, we analyze some crypto tokens under $0.50 that might rally next year.

Top 3 Cryptocurrency Projects under $0.50

Cardano (ADA)

Cardano (ADA) stands out as one of the most popular altcoins. It is also one of the most development-intensive projects in the cryptocurrency space. Since the start of the year, ADA has experienced a surge of over 50%. While competitors like Solana$104 5.03% (SOL) have seen increases exceeding 400%, ADA's performance is still notable. ADA reached its highest point in September 2021, roughly two months ahead of BTC's peak. A similar pattern might be seen in the forthcoming bull run.

VeChain (VET)

VeChain (VET) is another well-received cryptocurrency yielding decent returns in 2023. The token's price has seen a roughly 40% increase since the start of the year. As a project based on supply chain solutions and engaged in numerous climate and environment-related initiatives, VET has a significant growth potential in our increasingly climate-conscious world. The project has also partnered with various global firms, including Amazon. VET is currently down by over 90% from its peak, but it may regain those levels in the next bull run.

Shiba Inu (SHIB)

Shiba Inu$0.000010 -2.05% (SHIB) is one of the most renowned memecoins in the cryptocurrency sphere. Despite its struggles in 2023, analysts predict a momentum rebound in 2024. Furthermore, the SHIB development team is focused on several new initiatives that could expand the practical applications of the popular cryptocurrency. SHIB is down by over 90% from its all-time high, but many anticipate it to reach new heights in the upcoming bull run.

Edited by Jonathan Stoker