The crypto market just saw another sharp dip, wiping out 5% of its total value in the past 24 hours.
Bitcoin has dropped to $86,700, while XRP and Solana are down over 6%, continuing a weeks-long trend of uncertainty across risk assets.
But while large caps bleed, new altcoins could offer rare upside, especially those still in presale.
One early-stage gem gaining traction is PEPENODE ($PEPENODE), an Ethereum-based token with the potential to turn $100 into $10,000 as it prepares for launch in the coming weeks.
Next Altcoin to Turn $100 into $10,000 – 1 December
As a sign of just how popular PEPENODE could become, it has raised just over $2.24 million in its presale, which it opened a couple of months ago.
This suggests that it’s becoming increasingly attractive to investors, who may have looked at its unique approach to mining and decided that it could be a future winner.
In particular, it will provide users with the ability to mine tokens without having to purchase expensive mining equipment, which has for several years now be a big barrier to entry into mining for the average crypto user.
Instead, users can build and run their own virtual mining rigs, using the PEPENODE token itself to buy more virtual nodes, making their rig bigger and more powerful.
More nodes equals greater mining rewards, which PEPENODE will pay out in other tokens, including Fartcoin and Pepe.
The ability to earn other cryptos from PEPENODE could result in huge demand for the token, pushing its price up steadily over time.
In fact, the ability to earn from the coin doesn’t end there, since holders can also stake it for a passive income, which currently stands at 579% APY.
This is very generous, while users can top up their income even further by selling on their virtual nodes once they no longer need them.
PEPENODE Could 100x When It Lists in the Next Few Weeks
Taken together, these features make PEPENODE one of the most promising new coins in the market, which is why we’re highlighting it as our next altcoin to turn $100 into $10,000.
It has the tokenomics and the fundamentals, while its presale also shows that it’s steadily growing in popularity, building up an all-important online community.
While there isn’t long left before its sale ends, investors can join it by going the official PEPENODE website and connecting a compatible crypto wallet (e.g. Best Wallet).
It’s currently available at a price of $0.0011731, which will continue to rise every 3 days until the sale closes.
Buyers should therefore get a move on, with the coin having a max supply of 210 billion PEPENODE.
Given that the market remains in an incredibly oversold position, the timing of its launch could coincide with a big, bullish rebound.
The post Next Altcoin to Turn $100 into $10,000 – 1 December appeared first on Cryptonews.
