3 cryptos that can turn $1 into $1,000 by 2027

We may just be in the early stages of a new crypto bull run. I firmly believe Bitcoin (BTC USD) will surpass its all-time high by the end of 2024 with several catalysts working in its favor. As I wrote last year, three key events could trigger huge growth: Bitcoin exchange-traded funds (ETFs), the Bitcoin halving later in 2024, and interest rate cuts.

While ETFs have already seen billions of dollars in capital flows, Bitcoin’s upcoming halving and interest rate cut are still to come. When the limited Bitcoin supply meets increasing demand, prices tend to skyrocket. And this kind of hype could push speculative altcoins even higher in a bull run.

So if you invest wisely, certain small cryptos have huge upside potential. Here are three to consider now.

ChainGPT (CGPT-USD)

Unlike many other crypto AI projects that are largely driven by hype, ChainGPT (CGPT-USD) actually provides functionality AI offers tailored for crypto. These include a dedicated chatbot, a Telegram bot, an AI NFT generator, an AI-based message generator, and more. Simply put, given its plethora of crypto-focused AI features, ChainGPT appears well-positioned to grow with the tide if AI continues to gain traction as predicted.

Some particularly interesting features that this project offers are AI-based trading, a Solidity smart contract generator, and an validator. As AI continues to make waves in 2024 and beyond, there could be great demand for such practical AI tools. And since crypto is still in the early stages of mainstream adoption, differentiated first-mover projects like ChainGPT can capture significant market share.

If implemented appropriately, this project’s solid technical and real-world use cases could significantly increase its valuation in 2024 and beyond. The AI ​​hype has also found its way into the crypto sector and AI projects are increasing. ChainGPT has grown exponentially since the beginning of the year and recently reached a new high of 37 cents, driven by an increase in the total value locked (TVL) on the network to over $50 million. I believe this token can deliver huge returns once the altcoin season begins in earnest.

GT Protocol (GTAI-USD)

GT protocol (GTAI-USD) is another AI cryptocurrency that I have high hopes for in the coming months. It almost doubled in the last week before cooling off slightly and I think it may be a smart idea to buy even more before the next rise.

I believe that the AI ​​hype in the crypto space is just the tip of the iceberg, and once altcoins see strong gains, AI cryptos will be at the forefront of this trend. Additionally, I also have strong beliefs regarding the DeFi space.

What makes me very optimistic about GT Protocol is that it intersects both AI and DeFi. GT Protocol is a revolutionary Web 3.0 AI execution technology that provides an all-in-one conversational AI interface for interacting with CeFi, DeFi and NFT crypto markets. It offers Features like AI portfolio managementalgorithmic auto-trading, crypto onboarding and even AI-powered shopping with cashback payout in GTAI tokens.

With this in mind, I think GTAI has promising potential for the future. I have written about the two AI projects in this article months before, so my long-term belief in these cryptos remains strong.

Kima Finance (KIMA-USD)

Kima Finance (KIMA-USD) is a decentralized, blockchain-based system Money transfer protocol that handles transactions between chains. This project enables seamless transfers between blockchains and fiat currencies directly in apps. Kima unifies DeFi and TradFi by offering liquidity providers low-cost crypto-fiat swaps and high returns. It prioritizes efficient liquidity management and eliminates technical vulnerabilities.

This project is still at a very early stage. This means it’s a good idea to get in now before the major exchanges start listing. We have seen other DeFi projects soar in recent months as they continue to reach new highs. These DeFi projects are likely to surge even further as transaction volumes increase exponentially in the coming bull market.

Kima’s technology leverages hardware-based security measures to maintain the highest security standards currently in place in Web 3.0. This means that there are no smart contracts that could potentially lead to potential vulnerabilities. Additionally, it supports any blockchain and can even reverse fraudulent transactions, which is almost unheard of in the crypto space.

Small, low volume cryptos

On small capitalization and low volume cryptocurrencies: InvestorPlace does not regularly publish commentary on cryptocurrencies whose market capitalization is less than $100 million or whose trading volume is less than $100,000. Because these “penny cryptos” are often a playground for fraudsters and market manipulators. If we publish a comment on a low-volume crypto that may be affected by our comment, we ask InvestorPlace.com writers to disclose this fact and warn readers of the risks.
Read more: How to avoid popular cryptocurrency scams

At the time of publication, Omor Ibne Ehsan did not hold, directly or indirectly, any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author and are subject to InvestorPlace.com’s publication policies.