4 Altcoins To Buy Before Altcoin Season Starts

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As a researcher with a background in crypto and blockchain technology, I firmly believe that the upcoming altcoin season is an exciting time for investors. With thousands of cryptocurrencies available in the market, choosing the right ones can be a daunting task. However, based on their historical performance and current trends, here are my top 4 must-buy altcoins before the altcoin season kicks off:

During the upcoming altcoin rally, which is expected to commence around summer’s end and persist until the year-end, investors are actively seeking out the most promising altcoins. However, given the vast array of cryptocurrencies available in the market, each with its distinct use case and historical performance, making an informed decision can be quite daunting.

Despite this, it’s important to note that some evergreen altcoins with profitable histories shouldn’t be overlooked during the altcoin season. In this post, we will explore and highlight the top 4 altcoins that are worth investing in prior to the onset of the altcoin market’s peak activity.

1.Solana (SOL)

Currently, Solana is the preferred blockchain network, boasting significant popularity thanks to the thriving market of Solana meme coins. The native token of this network, SOL, is a highly sought-after altcoin with a trading price of $145.97 following a minor price surge from the previous day. This token’s desirability is evident in the impressive 109% increase in its 24-hour trading volume, resulting in a market value of $2,077,586,755.

As a crypto investor, I would express it this way: “Solana currently holds the fifth spot among the top 10 cryptocurrencies on Coinmarketcap, boasting a market capitalization of over $65 billion. With the upcoming altcoin season in full swing, investing in Solana could be an excellent decision.”

2.Polygon

Polygon, a layer-2 Ethereum scaling solution, has emerged as a highly favored choice and experienced significant growth in popularity over the past few years. With a market capitalization of $6.6 billion, its native token, MATIC, ranks among the top 20 cryptocurrencies.

As a researcher studying the cryptocurrency market, I’ve noticed that MATIC currently has a trading value of approximately $6.6 billion with a daily trading volume of around $221 million. This represents a significant increase of 104.57% in MATIC’s value. Although its price may be down at the moment, my analysis of this altcoin’s historical trends suggests that there could be substantial gains to be made with strategic investments at opportune times.

3.Toncoin

As a researcher studying the cryptocurrency market, I’ve noticed that Toncoin has experienced significant growth due in part to its partnership with Telegram. Telegram, being a well-established social media platform, wields considerable influence over Toncoin’s value. Additionally, Toncoin boasts an impressive track record of financial success; its all-time high (ATH) was reached at $7.65 – only a 5% difference from its current price.

As a crypto investor, I’m observing the current market trends and noting that Toncoin (TON) is currently priced at $7.26. Its substantial market capitalization of over $25 billion, placing it as the 8th largest cryptocurrency, is attracting significant attention. The trading volume has experienced an impressive surge of 202%, resulting in a noteworthy increase to $772 million. If this upward trend persists, TON is predicted to reach a new all-time high (ATH) within the upcoming hours.

4.Chainlink

As a researcher, I’ve noticed that Chainlink has been consistently expanding its functionality and Smart Contract offerings in the blockchain space. More recently, they have integrated six new services across various projects such as DeFi platforms, Fitech hubs, and web3 games for different blockchains. These continuous advancements have contributed to Chainlink’s growing value in the crypto market, making it a strong contender during the altcoin season.

Additionally, Chainlink’s own token, LINK, holds the 16th position in terms of market capitalization with a value of $7,928,632,368. Currently, LINK is being traded at $13.53, and there has been a significant increase of 52% in its trading volume.

According to cryptocurrency analyst Mikybull Crypto, altcoins are currently in a state of disbelief. Historically, this stage has often preceded significant rallies. Therefore, his analysis suggests that we may be on the verge of an altcoin market surge.

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2024-05-13 19:22