Top 5 Undervalued Altcoins Under $1 with 100x Potential in July
Bitcoin's price consolidation above $60,000 has reduced supply pressure, creating a potential buy-the-dip opportunity for altcoins. Here are five undervalued altcoins to consider:
**Ripple (XRP)**
XRP, by Ripple Labs, aims for fast, cost-effective cross-border payments. It dropped to $0.475 during June's correction but found support at a long-term trendline. With a market cap of $26.4 billion, if the support holds, it could reach $2.
**BONK (BONK)**
A meme coin on the Solana blockchain, BONK fell 59% in June but rebounded from $0.000018 to $0.0000228. With a market cap of $1.55 billion, it could rally to $0.0001.
**Graph (GRT)**
GRT, a decentralized protocol for indexing blockchain data, fell to $2 but rebounded to $2.1. With a market cap of $2 billion, a rebound could target $1.
**Oasis Network (ROSE)**
ROSE, a privacy-focused blockchain, reversed to $0.09 from $0.082 during a market rally. With a market cap of $638.5 million, it could reach $0.13 or $0.18 with sustained buying.
**Polygon (MATIC)**
MATIC, an Ethereum Layer 2 scaling solution, trades at $0.55. It may rebound from $0.5 support, potentially reaching $0.76, $1.3, and $1.56.
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