Altcoins
Top 5 Altcoins Below $1 That Could Skyrocket 50x in the Next Altseason
In anticipation of a new bull season, crypto traders are looking for low-cost altcoins that can generate huge profits. Our analysts have put together a perfect list that includes just these. Here is a list of the top 5 altcoins under $1 that could generate 50x ROI in the coming months: DTX Exchange (DTX)Fantom (FTM), EOS (EOS), SingularityNET (AGIX), and Cardano (ADA).
DTX Exchange (DTX): among the most promising Altcoins
First on our list of best altcoins is DTX Exchange (DTX), which caused quite a stir in the crypto market. In its ongoing pre-sale, it has already offered early buyers a 100% ROI, raising nearly $600,000 and is expected to reach $1 million in June 2024.
What sets DTX Exchange apart is its hybrid trading platform, which takes the functionality of CEX and DEX. The integration of these two exchanges allows users to trade over 120,000 asset classes with up to 1,000x leverage without KYC checks. This could make DTX Exchange a favorite of millions of traders who seek anonymity.
The DTX utility token sits at the center of this ecosystem. It will provide holders with access to advanced analytics tools, reduced trading fees and governance voting rights. Additionally, any presale buyer holding $100 worth of DTX will be eligible to enter a competition in which DTX Exchange is giving away $100,000 to 10 holders of that altcoin.
Currently, this altcoin costs only $0.04. But this is a stage 2 pre-sale price and when stage 3 begins, its value will increase by 50% to $0.06. However, market analysts say this is just the beginning as they predict a significant 50x jump once a Tier 1 CEX lists DTX in the third quarter of 2024. Considering all these reasons, DTX is one of the best altcoins.
Fantom (FTM): Opera finally upgraded
Fantom (FTM) is second on our list of best altcoins. Data from CoinMarketCap shows that the price of this altcoin has increased by almost 150% in the last year alone. Recently, Fantom has seen some important developments that could help this uptrend continue. For example, Fantom announced that Opera is now upgraded since 80% of the FTMs put into play are now on Sonic nodes.
With this upgrade, the channel will reach 2,000 TPS in realistic traffic and finality in 1 second. Market analysts are confident in its long-term growth thanks to this bullish Fantom news and ten green technical indicators. They predict that Fantom crypto will reach a value of $1.20 in the second quarter of 2024.
EOS (EOS): a new era of Tokenomics
EOS (EOS) has also become one of the altcoins to watch this new season. On the YTD chart, the EOS crypto value fell by more than 10%. However, its CEO, Yves La Rose, announced a new era of tokenomics could arrive. The main features of this new model are a fixed supply of 2.1 billion EOS tokens and token vesting schedules.
This new EOS will inevitably trigger a rally. Additionally, there are now more than six technical indicators in the buy zone for this altcoin. As a result, experts in the crypto field remain bullish on EOS. They predict a potential rise to $1.13 for EOS before the end of Q2 2024. This makes EOS one of the best altcoins around.
SingularityNET (AGIX): ASI launch date revealed
SingularityNET (AGIX) is another altcoin we need to mention. According to an announcement from Fetch.ai, on June 13, Fetch.ai will complete its merger with Ocean Protocol and SingularityNET. The news of this merger has generated a lot of excitement because it will create the first decentralized AI network.
The SingularityNET coin has demonstrated impressive price performance and has surged over 200% on the chart since the start of the year. This altcoin is trading above its 100 and 200 day EMAs while showing 16 green technical indicators. With SingularityNET’s bullish merger-related news, experts predict that AGIX could reach $1.33 by the end of Q2 2024.
Cardano (ADA): cheeky crypto with a significant price prediction
Finally, we will mention Cardano (ADA) – a dominant force in the altcoin space. According to data from CoinMarketCap, the price of Cardano has climbed almost 20% over the past 12 months. Crypto analyst Cheeky Crypto claims that this bullish trend will continue. In his YouTube videohe predicts a potential jump to $5-12 for this altcoin as a spot-Cardano ETF could arrive.
From a technical analysis perspective, the future of Cardano coin is also bright. Cardano is trading above its 200-day EMA, while seven technical indicators are green. For all these reasons, market analysts have made a bullish prediction for the price of Cardano. They forecast a potential jump to $0.64 before the end of the second quarter of 2024.
Final Remarks on the Best Altcoins to Buy
As we can see, all these altcoins could soar soon. However, DTX Exchange has gained the upper hand over Fantom, EOS, SingularityNET and Cardano. To clarify, DTX has a low market cap and is tied to the trillion-dollar stock market, making it the best altcoin for quick returns as it doesn’t need as much new funds to skyrocket .
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