South Korea has become a hotbed for crypto fans, with a large number of its inhabitants buying them. This enthusiasm is increased by altcoins, which are considered to be gold mines for returns. These are the five best altcoins to buy as they could see huge growth soon: DTX Exchange (DTX), Sei (SEI), Gala (GALA), Fantom (FTM) and Internet Computer (ICP).
DTX Exchange (DTX) has made quite a bit of noise in the altcoin scene. It has already provided early buyers with a 100% ROI while raising over $600,000 in its ongoing presale. Projections hint that DTX Exchange could hit the $1M obtained mark before May 2024 ends. Traders are excited about this new altcoin and what it has to offer.
DTX Exchange revolutionizes online trading by combining the best CEX and DEX features into one hybrid platform. This model offers traders unmatched benefits by allowing them access to more than 120,000 asset classes (cryptos, bonds, stocks, etc.) while also eliminating sign-up KYC checks and offering fast transaction speeds of 0.04 seconds.
The ecosystem revolves around the DTX token. Owning DTX comes with many perks, such as lower trading fees, enhanced analytics tools and governance voting rights. As a result, millions of this altcoin have been sold so far.
One DTX costs just $0.04 since it is in Stage 2 of its presale. This is a 100% rise from its starting price of $0.02. However, experts foresee a rise to $1 once a Tier-1 CEX lists this altcoin in Q3 of 2024. This price prediction seems plausible given its connections to the $133T bonds market. This makes DTX one of the best altcoins to invest in right now.
Sei (SEI) has experienced an extraordinarily bullish rally, as its price rose by more than 6,500% within the last year. This upward trend is set to continue with the announcement that Sei will launch the first parallelized EVM blockchain open for builders and early adopters alike.
Additionally, 13 indicators currently show green for the Sei crypto. This good technical foundation, coupled with positive Sei news, has analysts predicting massive upward movement. An estimate from experts puts $0.79 as a possible value for Sei in Q2 of 2024, making it an interesting altcoin to watch.
Gala (GALA) is another altcoin that has made headlines recently. Notably, a new proposal was passed to burn over 4.4B tokens, which helped to increase the Gala coin value. Speaking of which, this altcoin’s price surged nearly 50% in the past 12 months. Thanks to this bullish Gala news, this percentage looks bound to increase.
From a technical analysis standpoint, Gala is in a good place. It trades above its 50 and 100-day EMAs while 24 technical indicators are in the buy zone. Due to all these bullish Gala coin indicators, market analysts remain confident in its growth. They forecast a potential surge to $0.063 before the end of Q2 2024.
One of the most promising altcoins is Fantom (FTM). This is mainly due to many exciting things that have happened recently. For example, Sonic was added to the Fantom launch pad and a new strategic funding round was announced. Furthermore, Fantom will soon share new partnerships and other updates.
Over this past year alone, the Fantom crypto price has risen by almost 140%. Additionally, more than 20 technical indicators are flashing green for this altcoin. Thanks to all this bullish Fantom news, some analysts believe that FTM could rise significantly, even hitting $1.72 within Q2 of 2024.
Last on our top altcoin list is Internet Computer (ICP). This altcoin has also seen some exciting developments. Notably, the founder of Dfinity, Dominic Williams, revealed that Internet Computer is planning to incorporate facial recognition in its AI smart contract demo. His X post claims this development could provide a major lift for this altcoin.
The Internet Computer crypto saw a surge of nearly 150% on the 1-year chart. Experts remain confident thanks to all this bullish Internet Computer news and over eight green technical indicators. They foresee a potential jump to $17.26 before Q2 of 2024 ends. This prediction makes ICP one of the altcoins to watch right now.
The South Korean frenzy for cryptocurrency proves the increasing worldwide fascination with altcoins. Traders can make huge gains because numerous opportunities are provided by DTX Exchange, Sei, Gala, Fantom and Internet Computer, among others.
However, DTX Exchange has a competitive edge thanks to its low market cap and ties to trillion-dollar financial markets. If you wish to buy this innovative altcoin, now is the perfect time since DTX Exchange will launch a $1M giveaway soon. In this giveaway, only those who buy $100 worth of DTX during its presale may enter and win $100K. If interested, sign up now.
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