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Looking to capitalize on your investment in crypto this year?
You are at the right place. Read further to see six cryptos you should consider for your investment portfolio.
Six Cryptos That Could Turn $5,000 into $500,000 in 2024 – Overview
– Dogecoin20 ($DOGE20)
– Slothana ($SLOTH)
– Sponge V2 ($SPONGEV2)
– SMOG Token ($SMOG)
– 5th Space ($5SPACE)
– Bitcoin ($BTC)
Here is more about them.
>>>Buy the Best Crypto Now!<<<
Dogecoin20 is the best crypto to buy now!
If you want to invest in only one crypto project this year, let it be Dogecoin20. This crypto meme project is a greener and more eco-friendly version of Dogecoin. The project is on Ethereum, offering faster transactions and less energy consumption.
Dogecoin20 is on presale and has so far raised over $10 million in funding. On April 20th, Dogecoin will go live, and investors will claim their tokens. As you probably know, April 20th is Doge Day, and this way, Dogecoin20 pays homage to the project. Moreover, Dogecoin20 wants to celebrate this day with investors.
Dogecoin20 uses the power of Ethereum smart contracts, breaking away from traditional meme norms and bringing utility to investors. Thanks to the staking platform, you get an APY of 63% when you keep your coins. The project encourages community engagement, wanting them to contribute to the network’s stability, security, and growth. Further, while Dogecoin has an unlimited supply, Dogecoin20 has a limited supply of 140 million tokens. It means the $DOGE20 price is controlled, paving the way for massive upward price movements.
Since its release, Dogecoin20 has been praised by the whole crypto community. The project is at the 5th place among the most anticipated crypto launches. Jacob Bury says Dogeoin20 is the next 100x potential meme coin. Dogecoin20 price predictions say this meme crypto will hit $0.000412 by the end of the year. By 2025, $DOGE20 could trade at $0.001 and $0.005 by 2030.
Dogecoin20 could follow the path of Bonk, dogwifhat, and Bome and become the top-trading meme project. So, if you want to get $50,000 from your $5,000 investment, hurry and buy Dogecoin20 now.
Slothana is the best Solana-based meme crypto
Slothana, a new Solana meme coin, has been smashing through its presale. In the first eight hours of the presale, $SLOTH raised $500k in funding. Slothana raised over $2.1 million in funding in the first three days. The project is now over the $7.5 million threshold, rapidly moving through the presale stages.
Slothana’s presale is different from ICOs of any other crypto. To join and get $SLOTH, you must send Solana coins to a designated wallet address. For every $SOL coin you send, you receive 10,000 $SLOTH coins. The tokens will land in your wallet when the presale ends. Keep an eye on Slothana’s X account for more updates.
According to analysts, Slothana is poised for a 1200% surge, following the footsteps of other Solana meme coins, $BOME and $SLERF. Solana meme coins have surged recently, becoming among the most successful meme projects. Slothana presents a compelling investment opportunity for investors, offering the potential for substantial returns. Experts await 100x from Slothana after the CEX listings. This meme crypto eyes the CEX listings. However, the Slothana community wants to see the project on both CEXs and DEXs.
Slothana price predictions say this meme crypto will trade at $0.16 in 2024, $0.35 in 2025, and $0.8 by 2030. Analysts expect Slothana to follow $BOME’s success and create new millionaires. X account LookOnChain says many Book of Meme investors made between seven and eight figures from their five-figure investments. However, $BOME ICO raised only $2 million, while the $SLOTH’s already hit $6 million. So, if you want $50,000 from a $5,000 investment, Slothana could be a great pick.
Sponge V2 could bring you 100x ROI
Since its release, Sponge V2 has become among the best Polygon projects of the year. The upgraded version of SpongeBob Token made headlines when it pumped 50% in 24 hours in March. That is when the project hit its all-time high price of $0.0034.
This top community crypto brings utility to the game, offering lucrative rewards to investors. When you stake your tokens, you earn an APY of 168% on Ethereum and 371% on Polygon. Further, Sponge V2 will offer investors a Play 2 Earn game. The game will give investors a chance to earn additional $SPONGE tokens. If you are not ready to commit, Sponge V2 will offer the free version of the game. You can test it before investing.
Sponge V2 has collected over 9.6 billion staked coins, with over $20 million in value. Compared with SpongeBob Token, Sponge V2 will launch at better exchanges. Names like Binance and OKX are often mentioned as exchanges that will offer Sponge V2.
That, combined with utility, should push $SPONGEV2 to new heights. According to the price predictions, $SPONGEV2 will hit $0.0035 in 2024. The project is already near this price, which means $SPONGEV2 could go even further. Mid-term and long-term predictions show that $SPONGEV2 could hit $0.0075 in 2025 and $0.011 by 2030. If this were to happen, Sponge V2 could gain 75x compared to today’s price. Further, ChatGPT predicts a 500% gain for Sponge V2 in 2024. Its prediction says $SPONGEV2 could hit $0.1 this year!
According to many experts, Sponge V2 has a strong potential to turn $5,000 into $50,000 in 2024. Jacob Bury thinks this could be the top altcoin to invest in, while Oscar Ramos predicts 100x yields for early $SPONGEV2 investors. So, if you want to invest in this top community token, hurry and get it before it’s too late.
SMOG Token is the highlight of the year
After finalizing the first season of its airdrop, SMOG Token is ready to list on the first exchanges. This Solana meme coin will list on MEXC on April 4th, but experts suggest new listings should come soon. The date coincided with the start of the Season 2 of the largest Solana airdrop ever.
The project recently hit some crucial milestones. The SMOG community has over 110,000 holders who have completed over 8.2 million quests. Since its launch, SMOG Token has been listed among the best projects to buy. The project attracted thousands of investors who wanted to join the biggest airdrop on the network and earn massive ROI.
If you stake your $SMOG coins, you can earn 42% gains. Further, you can earn massively with the price changes. SMOG Token price predictions are terrific, saying $SMOG will reach $0.15 by the end of the year. In 2025, $SMOG could go up and trade at $0.3. By the decade’s end, SMOG Token should trade at $0.7. The recovery of meme coins in 2024 will play a crucial role in $SMOG’s growth.
So, if you want to invest in this project, hurry. You can still get it with a 10% discount when you buy $SMOG from the official website. That’s your chance to join the biggest airdrop on the Solana network and earn massively.
CoinMarketCap claims SMOG Token will go up by 10x after the CEX listings. Crypto expert Franklin Emmanuel also names it among the best meme coins ever. Lastly, Jacob Bury thinks this is the next meme coin to explode in 2024. And your $5,000 could turn to $50,000 easily if you buy SMOG Token now!
5th Scape could take the world by storm
5th Scape is a VR project with a massive potential to overcome Bitcoin, Ripple, and Solana in 2024, per CoinMarketCap. It is the combination of VR and AR, reshaping Web3. The project prioritizes gaming instead of hype, delivering a gaming experience like no other.
5th Scape brings you games, movies, education, and devices in virtual reality. The games vary from battles and archery to racing while offering better visuals, audio, themes, motion, transactions, and payments.
The project includes equipment. In particular, the VR ultra headset is among the best innovations on the market. It is offering an immersive experience while gaming, exploring, or learning. Further, the SwiftScape VR Chair lets you stay comfortable while exploring the 5th Scape.
Beyond this, 5th Scape also offers lucrative staking rewards. You can stake your $5SCAPE coins and earn rewards through active participation in the project. All presale purchases will stay locked and have a vesting schedule. Out of the sum, 40% of tokens will be released at the 5SCAPE token generation event. The remaining 60% will stay locked for eight weeks.
5th Scape price predictions predict a terrific future for this crypto. The forecasts say $5SCAPE will trade at $0.0135 in 2024, $0.0225 in 2025, and $0.028 by the end of the decade. 5th Scape ICO also sees massive support. The project has so far raised over $3.7 million in its presale. If you decide to invest now, you can get this project at a 303% lower price than the scheduled listing price!
Famous crypto analyst Michael Vrubel says massive gains could be at play for all 5th Scape investors. Decrypt Crypto also claims the 5th Scape could be the next 100x crypto. So, if you want to invest, hurry to the website and get 5th Scape now!
Bitcoin could hit $100,000 in 2024
If you ask us, Bitcoin is always a clever investment decision, especially in 2024. The long-awaited halving could push the $BTC price up massively. Since the start of this year, Bitcoin has been on an upward trajectory. It looks ready to set a new all-time high record.
Although Bitcoin recently dipped $5,000, analysts suggest April could be the best month for Bitcoin ever. Historically, the highest demand for $BTC happens nine months after the halving. It means $BTC could surge toward the end of the year.
Bitcoin price predictions say $BTC could hit $100k in 2024. According to the data from Coincodex, Bitcoin could hit as high as $158,983 in 2025. By the decade’s end, the largest crypto could cross the $300k mark and trade at $305,028. Bitcoin is, however, known for its volatility and massive dips, which caused multiple losses for investors before.
Despite this, it is still a terrific investment and a popular choice for investors who want to turn $5,000 to $50,000.
Final Thoughts. What are the best investment options for $50,000 in 2024?
You will agree that Bitcoin is always a good investment choice. But big investments and potential gains often mean huge risks, especially in $BTC’s case. The truth is, investing $1 in Bitcoin will not make any difference because you need to invest more to gain more. But when you invest lots of money, there is a chance you could also lose a lot.
That is, however, not the case with smaller projects like Dogecoin20, Slothana, Sponge V2, SMOG Token, or 5th Scape. A smaller investment, in this case, could mean terrific ROI for you and smaller risks of losing your money. So, we suggest you invest in these five cryptos if you want to get $50,000 from your $5,000 investment.
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
