Altcoins like Solana (GROUND), Dogecoin (DOGE) and Render (RENDER) show strong momentum as Bitcoin approaches $100,000. Solana recently hit a new all-time high and continues to attract users and trading volume.
Dogecoin, with a market capitalization of $60 billion, leads the meme coin sector and benefits from its positive correlation with Bitcoin. Meanwhile, rendering is up 76% this month, thanks to growing interest in AI parts.
Solana (SOL)
SOL Price reached a new all-time high on November 22 before entering a correction phase, but its momentum from last month remains impressive, with a gain of 38%. This growth slightly exceeds the 35% increase in Bitcoin over the same period.
As Bitcoin approaches the much-anticipated $100,000 milestone, Solana is well-positioned to benefit.
In 2024, Solana has consolidated itself as one of the most used channels, particularly favored by merchants and coin projects.
The channel attracts companies like Jito, Raydium and Pumpfun, known for their record revenues, which shows its competitive advantage. SOL could test new all-time highs and surpass BTC in December.
Dogecoin (DOGE)
Dogecoin has shown a strong historical positive correlation with Bitcoin, which has helped fuel its impressive 148.64% rise over the past month.
As Bitcoin approaches the $100,000 mark, DOGE’s correlation with BTC positions it well to capitalize on the broader market’s bullish momentum.
With a market capitalization of $60 billion, Dogecoin dominates the meme coin market, surpassing the combined valuation of the next 15 largest meme coins.
This dominance reflects its unique position as a must-have asset in this category. If meme coin season continues to gain traction alongside Bitcoin’s rally, DOGE is likely to see more interest and volume.
Rendered (RENDERED)
Give back surged 76% in the last 30 days, cementing its status as one of the most important AI coins in the crypto market. Even with this recent increase, RENDER is still 35.09% below its previous all-time high, reached in March 2024.
In close competition with TAO, RENDER alternates between first and second positions among AI coins. Both have a market capitalization of around $4.55 billion.
The growing narrative around AI altcoins, driven by advancements in crypto-AI agents, has created substantial momentum for the sector.
If this trend continues, GIVE BACK is expected to benefit from increased adoption and interest, potentially surpassing Bitcoin’s growth and maintaining its upward trajectory through December.
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