The recent drop of Bitcoin ($BTC ) below $95,000 has triggered a decline in the altcoin market, creating a potential buying opportunity. Several level 1 altcoins, in particular, are showing strong bullish signals.
These level 1 tokens include Avalanche (AVAX), Polkadot (DOT), Fantom (FTM), Internet Computer ($ICP ), Algorand (ALGO), Quant (QNT), XDC Network (XDC), Aptos (APT), and Sei ($SEI ). As Bitcoin (BTC) trades at $94,311.81, which is 1.8% below its all-time high of $99,655.50, altcoins are expected to start dominating soon once BTC surpasses $100,000.