ChatGPT Suggests 6 Altcoins Under $1 to Buy

OpenAI’s ChatGPT suggests six altcoins, including meme coin sensation Dogeverse and decentralized blockchain project Hedera, to consider investing in 2024.

The second phase of the bull market is gradually swinging in as prices look to recover from the recent lows. Bitcoin (BTC), the premier crypto asset and biggest market mover, recently recovered the $71,000 price territory, triggering an impressive price run in the broader market.

Recall that BTC initially clinched a new all-time high above $73,000 in March on the back of the first leg. As altcoins join in these rallies, optimism in an imminent “altcoin season” has grown in recent times. Notably, this phase of the bull market involves altcoins outperforming Bitcoin during a full-blown market uptrend.

Some market pundits, including veteran analyst Michaël van de Poppe, have projected that this phase could materialize when the bull market’s second leg comes on. However, as this anticipation builds, some market participants remain uncertain of the best crypto assets to invest in for optimal returns.

This uncertainty has riddled both seasoned and neophyte investors due to the crypto market’s unpredictable nature. As a result, we sought insights from OpenAI’s large language model-based virtual assistant ChatGPT. The chatbot proposed six altcoins under $1 with immense promise that are worth watching out for in 2024.

Meme Coins Under $1 to Consider

Dogeverse

ChatGPT’s list consists of three new meme coins and three established tokens with proven utility trading below the $1 mark. On the meme coin front, the chatbot spotlighted Dogeverse, a promising meme coin introduced last month with an impressive initial coin offering (ICO) that eventually surpassed $15 million.

The project resides in six different chains, including Ethereum, Solana, Polygon and Base. This makes it the first meme coin project to launch on this number of networks. Dogeverse’s pre-sale is currently nearing its conclusion, with price currently set at $0.00031 at the reporting time.

Sponge

ChatGPT highlighted SpongeV2 as another meme coin to consider. The original Sponge meme coin soared from a market cap of $1 million to $100 million last year. Riding on this success, SpongeV2, an upgraded version of Sponge, has come up. Currently trading for $0.002078, SpongeV2 is already up 8,212% since launch, with room for more growth.

Sealana

Another meme coin on the list is Solana-based project Sealana, which has so far garnered over $2 million from its pre-sale. Prominent crypto YouTuber recently touted it as a potential 10x token, asserting that it is the latest meme coin on Solana set to record an upswing.

Utility-Driven Altcoins Under $1 to Consider

For investors not completely sold on meme coins, ChatGPT presents three utility-driven altcoins to consider in 2024.

Hedera (HBAR)

Atop this list is Hedera (HBAR), which rallied 34% during the first quarter of this year. Trading for $0.1132, HBAR is looking to leverage its utility and numerous partnerships for a more substantial run in the next leg.

Fetch.ai (FET)

Another altcoin project with observable utility worth considering is Fetch.ai (FET). The token was one of the best performers of Q1 2024, surging 353%. With the AI industry set to expand significantly, FET, an AI-based asset, could record significant price gains on the back of this expansion and grow interest.

Chiliz (CHZ)

Chiliz (CHZ) also made it to the list, having secured a 73% price upswing in the first quarter of 2024. The project aims to leverage its association with the entertainment industry and significant partnerships for a spike above the current value of $0.1212.

Despite the promise of significant returns, it is imperative not to consider these suggestions as investment advice due to the volatile nature of the crypto market. Notably, these altcoins might not record as much gains as some investors envision.