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As Crypto Market Bleeds, Global Traders Are Grasping for These Top 5 Altcoins
As the larger crypto market is experiencing a downturn, traders are looking for safe bets on profitable altcoins that have demonstrated resilience and can grow. These are the top 5 altcoins that are attracting the attention of traders around the world right now: DTX Exchange (DTX)Fetch.ai (FET), Toncoin (TON), Optimism (OP), and Fantom (FTM). Read on to find out why.
DTX Exchange (DTX): Among the Most Promising Altcoins
DTX Exchange (DTX) It’s a growing presale sensation that’s making headlines in the altcoin space. So far, it has raised over $760,000 and is on track to hit $1 million before the end of June 2024. Plus, it has provided early buyers with a 100% ROI — stellar growth in a short space of time. Even cryptocurrency analysts Crypto Empire claims that this altcoin could be a game changer.
DTX Exchange differs from traditional platforms like Coinbase and Binance by allowing users to trade anonymously without KYC checks. It also offers over 120,000 asset classes, including stocks, forex, and cryptocurrencies. This is a major advantage over other platforms that focus solely on crypto.
The platform is powered by the DTX utility token, which comes with many holding benefits. For example, holders of this altcoin will get lower trading fees and advanced trading tools. Additionally, those who purchase $100 worth of DTX during its presale will be entered into a $1 million giveaway. Ten lucky winners will each receive $100,000 worth of DTX in this giveaway, which is quite attractive.
Currently, a DTX token costs just $0.04 as it is in Stage 2 of its presale. But that price will increase to $0.06 once Stage 3 begins – a 50% increase from its current value. Furthermore, experts predict a rise to $0.5 when a CEX Tier-1 lists this altcoin in Q3 2024. Thanks to all these reasons, DTX emerges as one of the best altcoins to buy amid this crash from the market.
Fetch.ai (FET): One of the Altcoins to Watch
Next, we will mention Fetch.ai (FET). This altcoin has seen some interesting developments recently. For example, Fetch.ai announced that the ASI token merge will begin on July 1, 2024 and will be carried out in two phases.
This news from Fetch.ai could cause an uptrend for this crypto. The value of Fetch.ai crypto has increased by almost 580% in the last year alone. Additionally, 18 technical indicators are in the buy zone for this altcoin as it trades above its 100-day and 200-day EMAs. Thus, market analysts predict that the price of this altcoin will reach $2.03 before the end of the second quarter of 2024.
Toncoin (TON): Promising developments that could suggest a bullish move
Toncoin (TON) is another altcoin that has made a name for itself in this space. Recently, TON’s content manager, Viktor, announced that the chart for new wallets on this network is going parabolic. At your posthe claims that Toncoin has onboarded tens of millions of users every month.
The price of the Toncoin cryptocurrency has risen more than 400% in the last 12 months. This altcoin is trading above its 50-day and 100-day EMAs and has 26 green technical indicators. As a result of this news and optimistic indicators for Toncoin, experts predict that its value will reach $8 in the second quarter of 2024.
Optimism (OP): Top analyst remains bullish on this altcoin
Our analysts also placed Optimism (OP) on this promising altcoin list. According to CoinMarketCap dataOptimism’s price has increased by over 30% in the past year alone. Crypto analyst Shelby also made a bullish statement for this altcoin. Your post X predicts that the OP value may rise to the $4.34 and $5.40 levels soon.
From a technical analysis perspective, the future of Optimism coin is also bright. For instance, OP is trading above its 100-day EMA, while 13 technical indicators are in the buy zone. For all these reasons, market analysts have made a bullish Optimism price prediction. They predict a rise to $3 before the end of Q2 2024 for this altcoin.
Fantom (FTM): An Altcoin Riding a Bullish Wave
Finally, we will talk about Fantom (FTM), another altcoin that is trading in the green. Over the past 12 months, the price of Fantom has risen more than 85%, according to CoinMarketCap data. Analyst CryptoBoss claims that this bullish trend will continue. According to your post XThis altcoin will see a bullish rally to $1 soon.
Fantom cryptocurrency technical analysis supports this claim. Notably, FTM is now trading above its 100-day and 200-day EMAs, while its RSI shows a buy signal. Experts take note of all these factors when making their Fantom price predictions. Therefore, they predict that FTM will trade at $0.76 in Q2 2024, making it one of the altcoins to watch.
Final Thoughts on the Best Altcoins Amid the Market Crash
During a downturn in the broader crypto market, DTX Exchange, Fetch.ai, Toncoin, Optimism, and Fantom are attracting traders with their growth potential. However, one altcoin has an edge — DTX Exchange. This newcomer has ties to many trillion-dollar financial markets, such as the $133T bond market, as well as a smaller market cap.
To clarify, DTX will rise much faster while remaining more stable in volatility than its peers. Use the links below to sign up for the DTX pre-order and purchase it.
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