The post Just $1,000 Invested in These Altcoins Could 100x Gains Like SOL in 2021, Here’s When! appeared on BitcoinEthereumNews.com.

If you remember Solana’s (SOL) record setting 2021, then you ought to find out which altcoins can mirror that growth. Crypto trends change, and a new wave of altcoins is making a buzz and could offer returns as impressive, if not better, than that of Solana’s 2021 run. Solana (SOL): Legendary 2021 Run Solana has since been one of the top altcoins, known for its high transaction speeds and scalability. Solana’s appeal as an ecosystem designed around decentralized applications has proven its utility across the DeFi and NFT markets from its launch. At the beginning of 2021 Solana was trading around $1-2 per token. With gradual increase across the year, Solana hit its ATH of $260 on Nov 06, 2021, giving early adopters 10x ROI. This record setting run was followed by a market correction to $170, where the coin sits today. As for the future outlook of Solana, many investors are bullish, projecting a $300 price tag by year end. Though this isn’t off the cards, investors are seeking something with higher growth potential, similar to its 100x historic run. Shiba Inu (SHIB): From MemeCoin to Mainstream Similarly to Solana, Shiba Inu (SHIB) hit its ATH in October of 2021, reaching its peak at $0.00008845 per token. The memecoin has transformed into a mainstream asset with a solid community. Its rise showed the market wanted meme coins but also confirmed the significance of utility, with SHIB’s development team adding additional use cases to keep the interest alive. Fast forward to today, SHIB is currently trading at $0.00001768, noting a 5% increase on the monthly charts. Since Shiba Inu’s team is constantly rolling out new utilities, many analysts project a 2-5x rally in November for SHIB. But many investors are searching for an alternative, due to the fact that SHIB’s…

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Filed under: News - @ November 4, 2024 2:20 am