🚨 Best Buys December 2024
5 Profitable Opportunities
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Today, we’ll give an overview of our favorite altcoins of the month.
December 2024. Where it’s all going?
In November, the crypto market cap grew by 6%, and Bitcoin hit $106K, reaching a new ATH.
The Fear & Greed Index indicates that we are currently in ‘Greed’ Mode.
This allows us to leverage momentum and capture (also) some short-term gains.
Best 5 charts of the month
1. Crypto funding is growing (link)
2. Memecoins remain a small segment of the market (link)
3.Rising altcoin market caps, growing media interest, and the altcoin season index bring us closer to the altseason cycle (link)
4. Ethereum locked in smart contract is falling (link)
5. Stablecoins hit all-time highs (link)
Best Buys December 2024
Now let’s dive into our favorite crypto for December 2024.
We only mention tokens that can be found within our watchlists and portfolios.
Let’s dive in!
5. Pepe ($PEPE)
PEPE is a meme cryptocurrency designed for entertainment purposes, emphasizing its status as a non-serious, purely memetic digital asset. It operates with zero taxes, and the liquidity provision tokens are burnt, ensuring that contract ownership is renounced. The token is positioned as a playful alternative in the crowded space of novelty cryptocurrencies, appealing to users through its association with internet meme culture.
Pepe is down more than 36% from its ATH and outperformed BTC in the last 3 and 12 months.
The Basics:
Sector: Meme
Vertical: EVM
Market Cap: $7.30B
24H Real Volume: $912M
X Community: 738K