The cryptocurrency market may be gearing up for another market-wide rally. The market faced a slight correction over the last week after Bitcoin (BTC) fell below $91,000. BTC has since recovered the $96,000 level and may continue to rise over the next few weeks.
As 2024 comes to a close, we may witness some end-of-year rallies. The following three assets could rally over 100% this month.
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Top 3 Cryptocurrencies That Could Rally More Than 100% In December
1. Pepe (PEPE)
Source – CryptoRank
PEPE has displayed incredible performance since its launch in April 2023. The memecoin is currently the 26th-largest cryptocurrency by market cap.
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According to CoinCodex’s analysis, PEPE could surge to $0.00006896 on Dec. 30, 2024. Hitting $0.00006896 from current price levels will translate to a rally of about 236.3%.
Source: CoinCodex
2. Peanut The Squirrel (PNUT)
PNUT made waves a few weeks ago after Elon Musk shared a “Peanut The Squirrel” meme on X. The meme cryptocurrency has witnessed an incredible rally over the last few weeks. The memecoin entered the top 100 projects by market cap last month but has since slipped to the 112th position.
According to CoinCodex, PNUT’s price could rise to $4.19 on Dec. 30, 2024. Hitting $4.19 from current price levels will entail a rally of about 227.34%.
Source: CoinCodex
3. Dogwifhat (WIF)
Source – Biztech Africa
WIF has made waves in the cryptocurrency community this year. The Solana-based cryptocurrency has quickly climbed the market leaderboard.
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According to CoinCodex, WIF could rise to $10.69 on Dec. 31, 2024. Reaching $10.69 from current price levels will lead to a rally of about 239.37%.
Source: CoinCodex
