🚀 Top five altcoins with massive growth potential
🔸 Arbitrum (#ARB )
Although ARB is down 50% from its all-time high, this presents a great discount for medium to long-term investors. With recent updates and expansions, including the launch of the Alien X pool and leveraging AI technology, Arbitrum is set for growth.
🔸 Manta Network (#Manta )
Next is Manta Network, which had a strong start in 2024. Manta Network offers fast transactions and low fees, making it great for building and deploying Solidity-based dApps. They recently launched CDY, combining CI and DeFi to maximize user yields. The token is currently trading at $1.83, significantly below its all-time high, making it a good investment opportunity.
🔸 Pyth Network (#PYTH )
Finally, there is Pyth Network, a Solana-based project acting as an oracle solution. It gathers and shares price data from exchanges, trading platforms, and market makers. Pyth has the potential to challenge Chainlink, the leading oracle solution in crypto. Although still under the radar and trading at a low price, this makes it a good time to invest.
🔸 Injective ($INJ )
The third altcoin on his list is Injective (INJ). Recently, there’s been a lot of interest in AI and Big Data crypto coins like INJ. Injective’s price is rebounding, and network activity is increasing, which is a good sign for the project’s health. This is especially promising before a potential bull run. Currently, INJ is trading at a discount, about 50% below its all-time high, making it a good buy before price increases.
🔸 GMX ($GMX )
GMX is a decentralized exchange (DEX) for trading perpetual cryptocurrency futures with up to 50x leverage on top tokens like Bitcoin (BTC) and Ethereum (ETH). Launched in September 2021 on the Avalanche chain, GMX has gained significant market attention. Despite a recent 5% correction, GMX recorded a 7% jump over the past week and a 55% increase over the past month. With a trading price of over $38 and a market cap of $374.85 million.