What happened?
The market’s total cap dipped to $3.85 trillion, but there are three cryptos pointed out as potential investments that could turn $100 into $10,000 in the coming months. These coins are Bitcoin Hyper (HYPER), Maxi Doge (MAXI) and Snorter (SNORT), each currently holding their respective presales and have already raised millions in funding.
Who does this affect?
This affects current investors and potential investors looking to enter the crypto market. These potential investments offer an opportunity for substantial returns. Each crypto has different functionalities, with Bitcoin Hyper operating a layer-two network for Bitcoin, Maxi Doge pushing the Dogecoin formula to its limits, and Snorter functioning as an automated sniping bot for trading.
Why does this matter?
This matters as it represents emerging opportunities within the crypto market, particularly for those interested in smaller, newer cryptocurrencies rather than the heavily mainstream ones. A bullish end-of-year could potentially result in strong rally for these coins, making them gain substantial value. The market impact could be significant if these cryptos live up to the hype and see widespread adoption and investment.