3 Bullish Altcoins Predicted to Outperform Bitcoin in December 2024

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As a seasoned researcher who has witnessed the crypto market’s dramatic ups and downs over the past decade, I can confidently say that the current momentum of altcoins like Solana (SOL), Dogecoin (DOGE), and Render (RENDER) is nothing short of astonishing.

Cryptocurrencies such as Solana (SOL), Dogecoin (DOGE), and Render (RENDER) are demonstrating robust energy as Bitcoin approaches the $100,000 mark. In fact, Solana has recently reached a new peak in value and continues to draw in more users and trading activity.

Dogecoin, boasting a market capitalization of approximately $60 billion, dominates the meme coin market. Its association with Bitcoin’s performance contributes to its success. On the other hand, Render has experienced a 76% surge this month, fueled by growing investor interest in artificial intelligence-related coins.

Solana (SOL)

On November 22nd, SOL hit a record peak, then entered a period of correction. However, its performance over the last month has been quite remarkable, yielding a 38% increase. This growth, though slight, outperforms Bitcoin’s 35% rise during the same timeframe.

With Bitcoin nearing the significant $100,000 threshold, Solana seems poised to gain from this development.

By 2024, Solana had firmly established its position as one of the busiest blockchains, gaining significant popularity among traders and creators of meme coins.

1) Companies such as Jito, Raydium, and Pumpfun, renowned for their impressive earnings, are being drawn to this chain, demonstrating its strong competitive position. It’s possible that SOL might reach new record highs and potentially surpass Bitcoin in terms of growth during December.

Dogecoin (DOGE)

Over the past month, Dogecoin’s remarkable surge by 148.64% can be partly attributed to its close historical relationship with Bitcoin. This connection has been instrumental in driving Dogecoin’s growth.

With Bitcoin nearing the $100,000 mark, Dogecoin’s close relationship with Bitcoin makes it poised to benefit from the overall market’s positive trend.

Dogecoin leads the meme coin market with an impressive $60 billion total value, outstripping the collective worth of the 15 largest competing meme coins.

Its superiority is evident since it stands alone as the preferred choice in its specific market sector. Should the popularity of meme coins persist and coincide with Bitcoin’s price surge, Dogecoin may garner increased attention and trading activity.

Render (RENDER)

In the past 30 days, Render has experienced a notable increase of 76%, strengthening its position as one of the top artificial intelligence coins within the cryptocurrency market. Despite this recent rise, Render is currently 35.09% below its previous record high, which it reached in March 2024.

In a tight race against TAO, RENDER consistently switches between the top two spots in the AI-focused cryptocurrency market. Interestingly, both digital assets have roughly equivalent market valuations, each around $4.55 billion.

The increasing conversation about AI-related altcoins, fueled by progress in artificial intelligence within cryptocurrency, is generating significant energy within the industry.

If the current tendency persists, it’s likely that RENDER will see higher usage and attention, possibly even surpassing Bitcoin’s growth rate and continuing its climb until December.

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2024-11-29 23:43