The CEO of MicroStrategy, Michael Saylor, announced his plan to buy $500M worth of Bitcoin soon. Alongside Bitcoin, which continues to dominate headlines
MicroStrategy CEO Michael Saylor recently announced his plan to buy $500M worth of Bitcoin soon. While Bitcoin continues to dominate headlines, traders have also shifted their focus towards altcoins priced below $1 with high growth potential. Here are our top picks for June.
1. DTX Exchange (DTX)
DTX Exchange (DTX) is quickly emerging as one of the most promising altcoins. This unique platform integrates features from both centralized and decentralized exchanges (CEXs and DEXs), enabling users to trade over 120,000 asset classes such as stocks, commodities and cryptocurrencies with up to 1000x leverage.
Unlike many trading platforms, DTX Exchange does not require KYC checks during registration, which has made this exchange very popular among traders who want their identities kept secret worldwide.
The DTX utility token is at the heart of this ecosystem; it comes with many benefits for its holders. Notably, holding this altcoin will give you lower trading fees and access to advanced tools. Furthermore, if anyone purchases $100 worth of DTX tokens during the presale period, they will be entered into a $1M giveaway, where ten winners will receive $100,000 each.
As of now, the DTX Exchange has raised more than $690,000, with projections suggesting a $1M mark before June 2024 ends. This altcoin's price now sits at $0.04 in Stage 2 of its presale—a 100% ROI for those who bought it early. However, experts predict a jump to $0.5 once a Tier-1 CEX lists DTX in Q3 of 2024. This makes DTX one of the best altcoins right now.
2. Notcoin (NOT)
Notcoin (NOT) is also making headlines in the altcoin space. Since its launch in May, the Notcoin price has surged over 25%, according to CoinMarketCap data. Crypto analyst Valeriya believes this bullish trend may continue. In her X post, she states that NOT will see a bullish run in the short term.
The Notcoin crypto technical analysis also shows a bullish trend forming. For example, this altcoin has over eight technical indicators in the buy zone. Due to all these reasons, market analysts have made a bullish Notcoin price prediction. In it, they forecast a potential surge to $0.025 within Q2 of 2024.
3. Cardano (ADA)
Next up on our best altcoin list is Cardano (ADA). According to CoinMarketCap data, the Cardano price has increased nearly 50% over the past 12 months. Moreover, crypto analyst Sssebi remains bullish. In his X post, he claims that this altcoin is now hitting the bottom against BTC and could see a nice pump soon.
Meanwhile, the Cardano coin technical analysis also shows bullish signs. Notably, around seven technical indicators are currently showing buy signals for this altcoin. As a result, experts in the crypto field foresee a rise to $0.64 before Q2 of 2024 ends in their Cardano price predictions.
4. Kaspa (KAS)
The second-to-last place for our most exciting altcoins is Kaspa (KAS). Recently, Kaspa announced a new listing on the popular CoinW digital asset exchange. With this development, more users can access this altcoin that has been riding a bullish wave. This may also increase KAS's value in the long run.
Speaking of which, the Kaspa coin value surged over 900% in the past 12 months. Furthermore, Kaspa is trading above its 50- and 100-day EMAs with 26 green technical indicators. Due to all this bullish Kaspa news and indicators, experts remain confident in its long-term growth. They forecast a potential jump to $0.19 for KAS within Q2 of 2024.
5. Ripple (XRP)
Lastly, we will discuss Ripple (XRP) as one of the altcoins to watch. According to a recent LinkedIn post by the National Bank of Georgia, it has deepened its ties with Ripple to digitize the local economy. With this development, Ripple continues its widespread adoption and could soar soon.
The Ripple crypto value has fallen nearly 10% on the YTD chart. However, the technical analysis for this altcoin paints a different picture. For instance, over six technical indicators show green signs for Ripple. Because of this Ripple news and signals, market analysts predict a rise to $0.71 before Q2 of 2024 ends.
Closing Remarks on the Best Altcoins To Invest In
While Michael Saylor aims to expand his Bitcoin holdings, there are many growth opportunities in the
News source:https://www.kdj.com/cryptocurrencies-news/articles/top-altcoins-watch-june-dtx-exchange-notcoin-cardano-kaspa-ripple.html
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