The cryptocurrency market continues its slump, with Bitcoin (BTC) falling below $56,000 once again after briefly reclaiming the $57,000 mark. The global crypto market cap has dipped to $2.08 trillion, sliding 1.8% in the last 24 hours.
While the market continues to struggle, some assets may hit new all-time highs in the fourth quarter of this year.
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Top 3 Cryptocurrencies Predicted To Hit New Peaks In Q4 2024
1. Toncoin (TON)
Source: Medium/Redficrypto
TON took a hit in August after the arrest of Telegram founder and CEO Pavel Durov. The cryptocurrency’s price is rebounding and is anticipated to hit a new all-time high soon.
TON’s price has decreased by 35.7% from this all-time high of $8.25. Analysts at CoinCodex predict that on October 8, 2024, the cryptocurrency may reach a new all-time high of $18.78. The present price levels will need to rise by roughly 253.67% to reach $18.78.
Source: CoinCodex
2. Pepe (PEPE)
Source – Coinpedia
PEPE has displayed incredible growth in just over a year of launching. The frog-themed cryptocurrency has quickly climbed the market cap charts and is currently the 31st largest project.
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PEPE is currently down by more than 58% from its all-time high of $0.00001717. According to CoinCodex data, the cryptocurrency could hit a new all-time high of $0.00001753 on Oct. 4, 2024. The platform anticipates the asset to continue its rally, hitting a high of $0.00002485 on Oct. 9, 2024. Reaching $0.00002485 from current price levels would translate to a rally of about 246.5%.
Source: CoinCodex
3. Dogwifhat (WIF)
Source – CoinCodex
WIF is another cryptocurrency that has witnessed stellar growth over the last year. The asset is one of many Solana-based meme coins that have shaken the crypto market.
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WIF is currently down by more than 67% from its all-time high of $4.83. According to CoinCodex researchers, the dog-themed cryptocurrency could hit a new all-time high of $5.50 on Oct. 9, 2024. Reaching $5.50 from current price levels would translate to a rally of over 250%.t. 9, 2024. Reaching $5.50 from current price levels would translate to a rally of over 250%.
Source: CoinCodex
