Altcoins
5 Cheap Altcoins to Buy for Altcoin Season
The altcoin season, a period in which altcoins grow exponentially, is the most awaited thing by cryptocurrency investors. It becomes even more significant when the market continually drops, turning months of gains into losses. This is the situation these days where users’ feelings have shifted to neutral, the Bitcoin price fell to $64,707 and the overall market capitalization fell to $2.34 trillion.
However, it is also an opportunity to buy altcoins at a much lower price, increasing your margin on earnings once the market recovers. In this blog, we talk about some cheap altcoins to buy to stay ready for altcoin season.
Toncoin (TON)
Toncoin is among the most famous altcoins, especially this year, after gaining 207% in value. It is currently trading at $7.03, after setting an all-time high of $8.23 just a few days ago. Furthermore, it ranks 9th CoinmarketCap for its market capitalization of $17.1 billion, making it the best altcoin option with high growth potential at a low price.
PEPE Unchained (PEPU)
PEPE Unchained is the first layer2 network of a meme coin and is in high demand due to its high staking rewards and transaction volume 100 times higher than that of Ethereum, its security, meme coin features and much more. PEPU is in pre-sale stage, valued at $0.008, and is set to thrive with its launch. It is among the most anticipated altcoins for the upcoming altcoin season.
Arweave (AR)
Arweave presents a unique use case as it offers decentralized storage and is ranked 50th for its market capitalization of $1.6 billion. As of now, the Price AR is $25.46, which is on the lower side as it had previously risen as high as $90.94. Once the altcoin season begins, Arweave may attempt another similar rally.
Uniswap (UNI)
Uniswap price it is decreasing these days, making it another economical option. It is currently valued at $9.49 and has dropped with the current market crash. More importantly, it has a market capitalization of $6 billion and is among the top 20 cryptocurrencies. Unlike other altcoins, UNI has a large margin gap as its best price is $44.97, set three years ago. Any similar bullish rally can return higher for this cryptocurrency.
Brett (BRETT)
Brett recently reached an all-time high of $0.1939 and has fallen over 35.79% to the current value of $0.1232. Analysts expect a price reversal once the cryptocurrency market recovers from this bearish state. BRETT demand is already high in the market, and even without the altcoin season, it can offer high returns as the market recovers.
Keep reading 5 cryptocurrencies to sell to avoid losses in the bear market