Ride the Bull Market: The 5 Top Altcoins Below $1 Poised To Skyrocket Soon

With the digital currency market still bullish, traders are trying to find low-costing but promising altcoins that could multiply their value. Altcoins below $1 provide an irresistible chance to grow wealth. Here are the five top altcoins at the moment: DTX Exchange (DTX), Pyth Network (PYTH), Ripple (XRP), Ondo (ONDO) and Tron (TRX). 

DTX Exchange (DTX): Among the Best Altcoins To Buy

DTX Exchange (DTX) is the first pick among analysts as one of the best  altcoins to hold. At its core, the DTX Exchange is a versatile trading platform rapidly gaining popularity. It boasts the best CEX and DEX features in one trading platform. This hybrid trading model places it above the rest of its rivals in the online trading market. 

For example, traditional trading platforms like Coinbase or Binance have a crypto-only focus. But, DTX Exchange offers access to over 120,000 asset classes, including stocks, commodities like gold, cryptocurrency, etc. Additionally, traders do not have to undergo any KYC checks, which have been dubbed “intrusive” by many. Thus, they remain anonymous while trading. 

The DTX token will power this exchange. It is now in its presale and demand has been high. It has already raised over $500,000 and is on pace to reach $1M before May 2024 ends. Holding it will give traders access to premium features such as enhanced analytics, governance voting rights, etc. 

At the moment, this altcoin’s price sits at $0.04. However, this is a Stage 4 presale price and more price pumps will occur as it advances. Early buyers are already seeing a 100% ROI. Due to all these reasons, experts foresee the DTX altcoin soaring by 100x once it hits Tier-1 exchanges in Q3 of 2024. This makes DTX one of the best altcoins to invest in. 

Pyth Network (PYTH): Expected To Soar As New Grants Program Goes Live

Pyth Network (PYTH) is another altcoin that has recently made headlines. For instance, Pyth Network announced that it has launched the new Pyth Ecosystem Grants Program, with over 50M PYTH grants available. This development will attract more attention to the Pyth Network crypto and could trigger a rally. 

The Pyth Network value movement fell over 30% on the YTD charts. However, its technical analysis shows bullish signs. Notably, five technical indicators for this altcoin are in the green. Due to all this bullish Pyth Network news, experts foresee a rise to $0.53 before the end of Q2 2024. 

Ripple (XRP): Major Growth in Q1 of 2024

Next, we will discuss Ripple (XRP) – a significant altcoin in the crypto market. Recently, Ripple has been showing tremendous growth. In its new Q1 2024 market report, Ripple stated that its spot trading funds soared over 40% from 2023’s Q1 – reaching nearly $865M. This Ripple news shows the level of attention that it is getting. 

Regarding the Ripple crypto value, it has surged nearly 10% in the past year alone. Around six technical indicators also show bullish signals for this altcoin. As a result of all these factors, market analysts predict Ripple will hit $0.72 before Q2 of 2024 ends. 

Ondo (ONDO): An Altcoin With a TVL of Over $420M

Ondo (ONDO) is another altcoin with exciting growth in 2024. Notably, Ondo announced that the TVL across Ondo’s yield-bearing products has passed the $420M mark. This makes Ondo Finance the biggest US Treasuries provider, which is tokenized. 

This Ondo news may also spill over to its pricing. Speaking of which, the Ondo coin surged over 450% in the last 12 months. Moreover, this altcoin has 16 technical indicators in the buy zone. Because of this, experts foresee ONDO trading at the $1.34 level within Q2 of 2024. This makes ONDO one of the altcoins to watch. 

Tron (TRX): New Partnership With Google Cloud 

We have placed Tron (TRX) last on our top altcoins list. CoinMarketCap data shows that the Tron coin value has surged over 70% in the last 12 months. This momentum looks poised to continue as Tron recently announced a new partnership with Google Cloud. In other words, Google Cloud will be a new TRON Super Representative candidate. 

The technical analysis for this altcoin also shows bullish signs as TRX trades above its 100 and 200-day EMAs. Due to all these factors plus the exciting Tron news, experts remain bullish. They predict a potential rise to $0.17 for Tron before Q2 of 2024 ends. 

What Are Altcoins? 

Altcoins are any cryptocurrencies that aren’t Bitcoin. Most were created to remove any limitations this crypto king may have. They include a wide variety of digital assets with different features.

Are Altcoins a Good Buy? 

Altcoins could be a good buy for different reasons:

• Possibility of higher returns: Altcoins appreciate fast because they have smaller market caps.
• Accessibility: Altcoins lets you enter many different markets at a lower price. 
• Variety: Buying altcoins lets you spread your wealth in the crypto market and reduce its risks. 

Final Thoughts on the Top Altcoins Below $1

As the bull market continues, these five altcoins are worth watching. However, one of them stands out – DTX Exchange, which has a lower market cap. This means that DTX needs fewer new funds to see a price hike, which gives it an edge over Pyth Network, Ripple, Ondo and Tron. If you want to buy it, sign up for its ongoing presale now.