Veteran trader Altcoin Moe highlights 40 cryptos that could transform investors into millionaires with a small investment of $1,000.

The recent relief rally across the broader crypto market has continued to reignite investors’ hopes of an imminent Altcoin Season.

For context, the Altcoin Season is a period when the prices of alternative cryptocurrencies (crypto assets excluding Bitcoin) significantly increase.

Top 40 Altcoins Poised for Massive Rallies

In preparation for this cycle’s Altcoin Season, Altcoin Moe, a veteran trader with over a decade of experience, highlighted 40 cryptos capable of turning investors into millionaires with an initial investment of $1,000.

You can be stupid and become a #crypto millionaire with just $1k.

Here’s a list of gems you should research before the #altcoin season starts:

1. $XRP

Sector: L1
Market cap: 30B
Target: 6x – 10x

2: $DIONE

Sector: Layer 1
Market cap: 67.7M
Target: 25x – 30x

3: $GPU

Sector:…

— Altcoin Moe (@AltcoinMoe) July 13, 2024

Notably, the veteran trader specified the sectors of each asset, their current capitalization, and potential target price increase. The categories include Layer-1 blockchains, memecoins, gaming, privacy, and artificial Intelligence (AI). Interestingly, Moe expects the token to soar between 3x and 900x.

Top 3 Assets in the List

Topping the list is XRP, the seventh-largest cryptocurrency with a market cap of $30 billion. The trader speculated that XRP would surge between 6x and 10x in the upcoming altcoin season.

The second asset on the list is Dione Protocol (DIONE), a Layer-1 crypto project. Moe expects DIONE’s price to surge by a minimum of 25x to a maximum target of 30x during the altcoin season.

AI-focused crypto project Node AI (GPU) was ranked in the third position in the list, with Moe expecting the token’s price to hit a target of up to 60x. At the time of the tweet, GPU had a market cap of $59 million, making it the 459th-biggest cryptocurrency.

The remaining digital assets in the top 10 position include Propchain (PROPC), Router Protocol (ROUTE), Vulcan Forged (PYR), Gains Network (GNS), Blendr Network (BLENDR), Oraichain (ORAI), and Gigachad (GIGA).

Other Tokens with Massive Growth Potential

Tokens ranked in the 11th – 20th position include Houdini Swap (LOCK), HashAI (HASHAI), WolfCoin (WOLF), ClearPool (CPOOL), TriasLab (TRIAS), Banana (BANANA), PeiPei (PEIPEI), PaLM AI (PALM), Mog Coin (MOG), and Destra Network (DSYNC).

Additionally, tokens categorized between 21st and 30th list are Pepe (PEPE), Brett (BRETT), PAAL AI (PAAL), ANyONe Protocol (ANYONE), RocketX Exchange (RVF), Non-Playable Coin (NPC), HELLO (HELLO), Optimism (OP), Verasity (VRA), and LCX (LCX).

The last 10 tokens in the list are Arbitrum (ARB), CSWAP (CSWAP), Popcat (POPCAT), Injective (INJ), Arcblock (ABT), Seedify.fund (SFUND), Root Network (ROOT), Dogwifhat (WIF), Ponke (PONKE), and Water Coin (WATER).

Although crypto investing can potentially turn average income earners into overnight millionaires, it is imperative to conduct due diligence before committing funds to any of these assets.

Moe also echoed a similar sentiment, urging investors to thoroughly research the 40 digital assets ahead of the anticipated altcoin season.