Altcoins
Top 5 Altcoins Under $1 That Could Skyrocket 50x in the Next Altseason
In anticipation of a bullish altseason, cryptocurrency traders are looking for low-cost altcoins that can yield huge profits. Our analysts have compiled a perfect list that includes just those. Here is a list of the top 5 altcoins under $1 that could provide 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 altcoins is DTX Exchange (DTX), which has created a lot of noise in the cryptocurrency market. In the ongoing pre-sale, it has already offered early buyers a 100% ROI, raising nearly $600,000 and expecting to reach $1 million in June 2024.
What sets DTX Exchange apart is its hybrid trading platform, which takes functionality from CEX and DEX. The integration of these two trading systems allows users to trade more than 120,000 asset classes with up to 1000x leverage without KYC checks. This could make DTX Exchange a fan favorite for millions of traders seeking anonymity.
The DTX utility token is at the center of this ecosystem. It will provide holders with access to advanced analytics tools, lower trading fees and voting rights on governance. Additionally, any pre-sale buyer holding $100 worth of DTX will be eligible to participate in a giveaway where DTX Exchange is giving away $100,000 to 10 holders of this altcoin.
Currently, this altcoin costs only $0.04. But this is a Phase 2 pre-sale price and when Phase 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 Q3 2024. Given all these reasons, DTX is one of the best altcoins .
Fantom (FTM): Opera finally updated
Fantom (FTM) is second on our list of the 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 significant developments that could help this bullish trend continue. For example, Fantom announced that Opera is now updated as 80% of staked FTMs are now on Sonic nodes.
With this update, the chain will reach 2,000 TPS in realistic traffic and 1-second finality. Market analysts are confident in its long-term growth thanks to this bullish Fantom news and ten green technical indicators. The Fantom cryptocurrency is expected to reach a value of $1.20 by the second quarter of 2024.
EOS (EOS): A new era of tokenomics
EOS (EOS) has also become one of the altcoins to watch this altseason. On the YTD chart, the value of EOS crypto fell by more than 10%. However, its CEO, Yves La Rose, announced a new era of tokenomics may be coming. The main features of this new model are a fixed supply of 2.1 billion EOS tokens and token maturation programs.
This news on EOS is set to trigger a rally. Not only that, there are now more than six technical indicators in the buy zone for this altcoin. As a result, cryptocurrency experts remain optimistic about EOS. They predict a potential jump to $1.13 for EOS before the end of the second quarter of 2024. This makes EOS one of the best altcoins at the moment.
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 created a lot of excitement because it will create the first decentralized artificial intelligence network.
SingularityNET coin has demonstrated impressive price performance and increased by more than 200% on the YTD chart. This altcoin is trading above its 100-day and 200-day EMAs, showing 16 green technical indicators. With the bullish news surrounding the SingularityNET merger, experts predict that AGIX could reach $1.33 by the end of the second quarter of 2024.
Cardano (ADA): Brash cryptocurrency with a major 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 skyrocketed by almost 20% in the last 12 months. Crypto analyst Cheeky Crypto says this bullish trend will continue. In his YouTube videopredicts a potential jump to $5-12 for this altcoin as a spot ETF on Cardano could arrive.
From a technical analysis perspective, the future of Cardano coin is also bright. Cardano is trading above the 200-day EMA, while seven technical indicators are green. For all these reasons, market analysts have made a bullish prediction for Cardano’s price. They foresee a potential jump to $0.64 before the end of the second quarter of 2024.
Final thoughts on the best Altcoins to buy
As we can see, all these altcoins could soon take off. However, DTX Exchange has taken the lead 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 since it doesn’t need as many new funds to skyrocket.
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