We are just about to enter the first month of the last quarter of the year when “FOMO” is usually at its peak. Investors are now eyeing profits from the inherently volatile nature of the crypto market. Market experts alongside investors will be on the lookout for memecoins and tokens that can deliver returns in Q4 2024.
We have identified three lucrative investment options that can deliver 200x returns by the end of the year. Here are some cheap digital coins you should highly consider adding to your portfolio today:
- Near Protocol ($NEAR)
In the past seven days, $NEAR buyers witnessed a 32.24% charge boom, achieving $5.33 at press time. The price motion has sparked discussions within the crypto network about the token’s potential for future gains.
Analysis from Santiment, a crypto analytics platform, also shows there has been an uptick in the layer-1 Proof-of-Stake (PoS) blockchain’s ecosystem development activity, a reverse of what happened in the first two quarters of 2024.
Additionally, taking a technical analysis perspective, $NEAR has displayed several bullish signals. Per data from TradingView, the cryptocurrency’s Moving Average Convergence Divergence (MACD) signal showcases a positive trend.
The crypto is also currently trading above both its 9-day and 21-day Moving Averages, which experts believe will translate to a continued upward price movement momentum in the long term.
- UNITS Coin ($UNITS)
UNITS Coin is relatively new to the crypto market, but is quickly gaining attention from the community because of its revolutionary approach to tokenizing real-world assets (RWA).
According to the project’s developers, UNITS aims to democratize access to premium investments like real estate and fine art through fractional ownership via NFTs.
UNITS Coin uses blockchain technology to solve a major issue present in traditional financial systems; offering increased liquidity and streamlined transactions for traditionally illiquid assets.
The project’s tokenomics employs a deflationary mechanism, where a portion of rental income and property sales is used to burn tokens.
$UNITS is currently on sale, priced at $0.16. The positive sentiment surrounding the launch of the token’s sale suggests early bird backers could potentially earn huge returns when the token is finally listed on exchanges.
- Sui ($SUI)
Investors of $SUI, the native token of the Sui blockchain, could end Q4 2024 with substantial gains. Having reached its all-time high values of $2.17 just six months ago, the coin surged by over 10% in the first week of September. It has since seen an 80% increase in the last 30 days, per Coingecko data.
Launched in 2023, Sui is a layer-1 blockchain designed for high throughput and low latency transactions. The SUI ecosystem harbours unique features, including its object-centric architecture and parallel transaction processing as potential drivers for blockchain adoption.
The Sui blockchain has also been expanding, with recent upgrades allowing developers to flexibly build decentralized applications (dApps) on the platform.
Experts believe investors will be flooding the SUI markets to fully take advantage of the predicted end of year crypto market bull run.
Conclusion
We have reached the final quarter of the year, and as the curtains close on 2024, coupled with the market bear/bull run uncertainty, investors will be looking for options beyond Bitcoin. Coins like $NEAR, $UNITS and $SUI are a good alternative for those seeking diversification in their investments.
Website: https://www.unitstoken.io/
Telegram: https://t.me/UNITStoken
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