Since the larger crypto market is going through a downturn, traders are looking for safe bets in lucrative altcoins that have shown resilience and can grow. These are the 5 top altcoins drawing worldwide traders’ attention right now: DTX Exchange (DTX), Fetch.ai (FET), Toncoin (TON), Optimism (OP) and Fantom (FTM). Keep reading to find out why.
DTX Exchange (DTX): Among the Most Promising Altcoins
DTX Exchange (DTX) is a rising presale sensation that is making headlines in the altcoin space. So far, it has raised over $760K and is on track to reach $1M before June 2024 ends. Plus, it has provided early buyers with a 100% ROI—stellar growth in a short time. Even crypto analyst Crypto Empire claims that this altcoin could be a game-changer.
DTX Exchange differs from traditional platforms like Coinbase and Binance, allowing users to trade anonymously without KYC checks. It also offers over 120K asset classes, including stocks, Forex and cryptocurrencies. This is a big advantage over other platforms that focus only on cryptos.
The platform is powered by the DTX utility token, which has many holding benefits. For example, holders of this altcoin will obtain lower trading fees and advanced trading tools. Moreover, those who buy $100 worth of DTX during its presale will enter a $1M giveaway. Ten lucky individuals will each get $100K worth of DTX in this giveaway, which is quite enticing.
Currently, one DTX token costs just $0.04 as it is in Stage 2 of its presale. But, this price will rise to $0.06 once Stage 3 begins – a 50% rise from its current value. Additionally, experts predict a rise to $0.5 once a Tier-1 CEX lists this altcoin in Q3 of 2024. Thanks to all these reasons, DTX emerges as one of the best altcoins to buy amid this market dip.
Fetch.ai (FET): One of the Altcoins To Watch
Next, we will mention Fetch.ai (FET). This altcoin has seen some exciting developments recently. For example, Fetch.ai announced that the ASI token merger will begin on July 1st, 2024 and will be performed in two phases.
This Fetch.ai news may cause an uptrend for this crypto. The Fetch.ai crypto value increased by nearly 580% in the past year alone. Moreover, 18 technical indicators are in the buy zone for this altcoin while it trades above its 100—and 200-day EMAs. Thus, market analysts forecast this altcoin’s price to reach $2.03 before Q2 of 2024 ends.
Toncoin (TON): Promising Developments That Could Hint at a Rally
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. In his X post, he states that Toncoin has onboarded tens of millions of users every month.
The Toncoin crypto price has surged over 400% in the past 12 months. This altcoin is trading above its 50—and 100-day EMAs and has 26 green technical indicators. As a result of these bullish Toncoin news and indicators, experts foresee its value reaching $8 within Q2 of 2024.
Optimism (OP): Major Analyst Remains Bullish for This Altcoin
Our analysts have also placed Optimism (OP) on this promising altcoin list. According to CoinMarketCap data, the Optimism price increased over 30% in the past year alone. Crypto analyst Shelby also made a bullish statement for this altcoin. His X post predicts that the OP value could surge to the $4.34 and $5.40 levels soon.
From a technical analysis perspective, the future of the Optimism coin is also bright. For instance, OP trades 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
Lastly, we will talk about Fantom (FTM), another altcoin that is trading in the green. Over the past 12 months, the Fantom price surged over 85%, according to CoinMarketCap data. Analyst CryptoBoss states that this bullish trend will continue. According to his X post, this altcoin will see a bullish rally to $1 soon.
The technical analysis of the Fantom crypto supports this statement. Notably, FTM is now trading above its 100—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 foresee FTM trading at $0.76 within Q2 of 2024, making it one of the altcoins to watch.
Closing Remarks on the Best Altcoins Amid the Market Dip
During a downturn in the broader cryptocurrency market, DTX Exchange, Fetch.ai, Toncoin, Optimism and Fantom are luring traders with their potential for growth. However, one altcoin has an advantage—DTX Exchange. This rookie has ties to many trillion-dollar financial markets, like the $133T bonds one, as well as a lower 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 presale and buy it.
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