Altcoins
Crypto Analysts Reveal Sub-$1 Altcoins Expected to Overperform During Bull Run — TradingView News
With the price of Bitcoin having already seen a massive rise over the past year, crypto investors have turned their attention to altcoins. This is because the altcoin season usually comes after the Bitcoin rally has ended and presents more upside potential. Ahead of the second leg of the crypto bull market that is supposed to happen this year, crypto analysts at Analyst Buzz revealed the top altcoins currently trading under $1 that could be a good buy.
Still optimistic about Polygon’s MATIC
The first of the altcoins on the list is MATIC from Polygon. This comes as a surprise, as MATIC has been one of the only top altcoins to not see any outperformance over the past year. However, this could be part of the reason why the analyst believes the altcoin is poised to outperform.
Despite the last day’s rise, MATIC price is still down more than 75% from its all-time high price of $2.92. This first contrasts with larger cryptocurrencies such as Bitcoin and Ethereum, which have either reached a new all-time high or come close to it this year.
Ondo Finance remains one of the main competitors among Altcoins
Ondo Finance has been making waves this year, and although it is relatively new compared to the other altcoins on this list, its performance has been among the strongest. The cryptocurrency was thrust into the spotlight following its billion-dollar partnership with asset manager BlackRock.
In 2024 alone, the coin saw a gain of over 1,000%, going from $0.08355 to over $1 before heading back down. But despite this, crypto analysts expect the altcoin to continue performing well ahead of the bull run. Oasis Network (ROSE) lists altcoins with potential
Oasis Network’s ROSE also makes Altcoin Buzz’s list of altcoins expected to outperform in the bull market. This layer 1 blockchain project had gone unnoticed during the bear market, which ultimately saw its price drop approximately 90% from its all-time high of $0.59.
However, the price of ROSE is starting to rise now and is currently trading at what many call a bargain, at $0.091. Unlike the altcoins already mentioned, ROSE’s market cap is still less than $1 billion, giving it plenty of room to run during the cryptocurrency bull market. Golem (GLM) is still in the game?
Among the list of altcoins with the potential to outperform in the crypto bull market is GLM, the native token of the Golem platform. Golem has been in the crypto market for some time, but is only now making its role in artificial intelligence and computing becoming a dominant narrative in the market.
The project offers a peer-to-peer distributed computing resource that allows users to interact directly with each other. As computing becomes an even hotter topic, Golem could very well be a great investment.
GLM is currently down about 57% from its all-time high of $1.25 after a rather uncertain start to 2024. Much like Oasis Network (ROSE), its market cap is still less than $1 billion , making it one of the altcoins with the potential to perform. hard.