Top 5 Undervalued Altcoins Under $1 with 100x Potential This July
The cryptocurrency market has faced some serious corrections, but with every dip comes an opportunity. As Bitcoin steadies above $60,000, here are five promising altcoins priced under $1 that could skyrocket in value.
XRP, a powerhouse in cross-border payments, has slipped to $0.475 due to market fluctuations and ongoing legal hurdles. But with its support level holding strong since March 2020, XRP could be on the verge of a major comeback, potentially targeting $2. The growth potential here is hard to ignore.
BONK, the meme coin on the Solana blockchain, took a hit from $0.000044 to $0.000018 during the recent market correction. Currently trading at $0.0000228, BONK is showing signs of a reversal. With its community backing and market recovery, a rally to $0.0001 could be on the horizon.
3. Graph ($GRT )
Graph, known for indexing blockchain data, has corrected to $0.27 from a high of $0.49. Holding steady above its $0.27 support, GRT looks primed for a breakout. Ending its correction trend could bring significant gains, making GRT a standout under $1.
4. Oasis Network ($ROSE )
ROSE, the privacy-focused blockchain, bounced back from its support level of $0.082, now trading at $0.09. Historically, this support trendline has been a strong accumulation point. If history repeats, ROSE could rally to $0.13, and even push towards $0.18.
5. Polygon ($MATIC )
Despite a rough start to 2024, MATIC, the Ethereum scaling solution, is holding at $0.55. With strong support around $0.50-$0.493, a rebound could see MATIC challenge resistance at $0.76 and beyond, making it a must-watch altcoin.
These altcoins are currently undervalued, offering the potential for substantial returns. But remember, always do your own research and consult with financial advisors before diving in.
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