Altcoins
4 Altcoins to Buy Before Altcoin Season Starts
As the cryptocurrency market approaches altcoin season, which will likely begin later this summer and continue until the end, the hunt is on for the best altcoin options. However there are thousands of them cryptocurrencies on the market, each with a different use case and performance history, making it even more difficult to choose the best one.
However, some evergreen altcoins with a history of profits should also not be missing for the season. In this blog, we talk about the 4 best altcoins to buy before the start of the Altcoin season.
1.Solana (G)
Nowadays, Solana is the most popular blockchain network due to the success of Solana meme coins. The Solana network’s native token, SOL, is currently a popular altcoin trade to $145.97 after a slight increase yesterday. Demand for the token is included in a 109% increase in trading volume over the past 24 hours, pushing the value to $2,077,586,755.
Furthermore, Solana is ranked 5th among the top 10 cryptocurrencies on CoinmarketCap, with a market capitalization of $65,459,493,601. Investing in Solana will be the right approach to welcome the altcoin season.
2.Polygon
The polygon is a level 2 solution, considered the best alternative to the Ethereum network. It has gained immense popularity over the years and its native token, MATIC, is among the top 20 best cryptocurrencies by its market capitalization of $6,624,997,147.
MATIC it is currently trading at $6,625,428,706 with a trading volume of $221,318,234 after an increase of 104.57%. Although the value of MATIC is declining right now, the history of this altcoin reveals the possibility of making big profits at the right time.
3.Toncoin
Toncoin has gained immense popularity due to its current collaboration with the social media platform Telegram. Telegram has a long history with Toncoin and influences the value of Toncoin. Furthermore, TON has a history of profits, as the token created an ATH of $7.65, which is only 5% less than its current value.
At the time of writing, TONNE it is trading at $7.26 and is ranked 8th for its market capitalization of $25,230,439,674. Its trading volume increased by 202%, pushing the value to $772,630,158. If the trend continues, TON will set a new ATH only in the next few hours.
4.Connection
Chain shirt has continuously worked to add new features and Smart contract market characteristics. Just recently, Chainlink integrated six new services for various blockchains, including DeFI projects, Fitech hubs, and web3 games. These continuous efforts have increased the value of this altcoin in the cryptocurrency market, making it the perfect option for the altcoin season.
Additionally, Chainlink’s native token, LINK, is ranked 16th for its market capitalization of $7,928,632,368. At the time of writing, CONNECTION it is trading at $13.53 and has witnessed a 52% increase in its trading volume.
According to crypto analysts Mikybull Crypto, altcoins are in a phase of disbelief, which has usually led to huge rallies in the past. Many of these analyzes directly point to the possibility of seeing an altcoin season soon.