VanEck filed paperwork for the first Solana ETF in the US, sparking enthusiasm in the crypto market. As this buzz continues, savvy traders are looking for high-yielding altcoins that could dominate the summer months. Here are the altcoins to watch: DTX Exchange (DTX), Toncoin (TON), NEAR Protocol (NEAR), THORChain (RUNE) and Tron (TRX).
DTX Exchange (DTX): Among the best Altcoins right now
DTX Exchange (DTX) is quickly becoming a household name in the altcoin space. Even the notable trader Sniper in Training made a bullish statement about this crypto. In his X post he says that those who buy this altcoin now will soon see a 50% ROI as its value will go from $0.04 to $0.06.
DTX Exchange boasts a groundbreaking hybrid trading system that combines DEX and CEX. This flexible exchange gives users access to over 120,000 asset classes, ranging from stocks and bonds to cryptos, with leverage of up to 1000x. Additionally, it requires no login KYC checks, which could make it a favorite among privacy-conscious merchants.
The platform’s core revolves around the utility token DTX. This altcoin has many uses, such as giving holders discounted fees and access to advanced analytics tools. In addition, anyone who buys $100 of DTX during its presale will enter a $1M giveaway, where ten lucky people will each get $100K worth of DTX.
The DTX presale brought in nearly $800K and if things continue as they are, could reach $1M by July 2024. Currently, this altcoin’s price stands at $0.04 as it stands in Phase 2 of its presale – a 100% ROI for those who bought it early. But demand is so high that experts predict a 100x rise once a Tier-1 CEX DTX lists in Q3 of 2024 – making it one of the best altcoins.
Toncoin (TON): Another milestone reached
Toncoin (TON) is another altcoin that has grown recently. In particular, Toncoin announced that it has reached a new milestone – more than 2M followers on the social media platform X. This achievement shows the level of interest that people still have in this altcoin and its potential growth.
Speaking of which, the Toncoin value has increased over 450% on the YTD chart. Furthermore, this altcoin is trading above its 50- and 100-day EMAs while it has 26 green technical indicators. Due to all these Toncoin news and signals, market analysts predict that its value will rise to $8.20 before the end of Q2 2024.
NEAR protocol (NEAR): Bottom is very close
Next, we discuss NEAR Protocol (NEAR), one of the top altcoins at the moment. According to CoinMarketCap data, the NEAR protocol price has increased by more than 250% in the past year alone. Crypto analyst AMCrypto states that this bullish trend will continue. In his X post, he claims that NEAR has retested the $4.5 support level, which could trigger a rally ahead.
The technical analysis for the NEAR protocol coin supports this statement. For example, NEAR is trading above its 50- and 100-day EMAs while having five technical indicators in the buy zone. Due to all these factors, experts in the crypto field have made a bullish NEAR protocol price forecast – up to $6.37 within the second quarter of 2024.
THORChain (RUNE): A High Potential Altcoin
We will also mention THORChain (RUNE) in the second-to-last place. Recently, the CEO of Coin Bureau, Nic, shared an image of the top 20 high-potential cryptos for Q3 2024 according to Grayscale. THORChain was one of the altcoins that won a spot on this list. This bullish THORChain news could soon trigger a rally for this crypto.
The THORChain crypto value has increased by more than 300% in the last 12 months. Additionally, RUNE is trading above its 100- and 200-day EMAs. All these bullish factors have led experts to predict that this altcoin’s price will reach $5.76 before the end of Q2 2024.
Tron (TRX): New leg is coming
Finally, we’ll mention Tron (TRX) – a significant force in the altcoin space. According to CoinMarketCap data, the Tron price has jumped more than 60% in the past 12 months. Crypto analyst Dyor states that this boom will continue. In his X post, he says that a potential new leg is coming for this altcoin.
From a technical analysis perspective, the future of the Tron coin also looks bright. Currently, TRX is trading above its 100 and 200 day EMAs as 28 technical indicators are flashing green. Market analysts therefore claim that TRX will trade at $0.15 within Q2 of 2024 in their Tron price predictions.
Final comments on the best altcoins to buy
As the crypto market buzzes with VanEck’s Solana ETF filing, these altcoins are bound to rise. However, DTX Exchange stands out among Toncoin, NEAR Protocol, THORChain and Tron. This newcomer has a low market cap and links to the $133T bond market, which means it will remain stable even in turbulent times. Follow the links below to buy one of the best altcoins.
Visit DTX Presale
Read White Paper
Join the DTX community
Disclaimer for Uncirculars, with a Touch of Personality:
While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.
No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.
And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.
Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!
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