4 Stellar Altcoins To Buy Before $10 Billion Market Cap Boom
1. Chainlink (LINK)
Chainlink is a decentralized oracle network that connects blockchain smart contracts with real-world data. This unique function makes it indispensable for decentralized finance (DeFi) and other blockchain applications.
LINK experienced a 34.3% drop in June, hitting a low of $12.6. However, it quickly bounced back, recovering to $14.5, marking a 16.8% increase. Currently, its market cap stands at $8.85 billion.
With strong buying momentum, LINK is poised for a 15% rally. A breakout from its current resistance could lead to a sustained upward trend, potentially driving its market cap above $10 billion.
2. Polkadot (DOT)
Polkadot is a unique blockchain protocol that facilitates the transfer of data and value across different blockchains, leveraging their security and features without sacrificing trust.
After a steady downtrend, DOT saw a reversal from its low of $5.39, climbing to $6.53, a 21.25% increase. Its market cap has now reached $9.38 billion.
DOT's recent breakout from a wedge pattern suggests the end of its correction phase. This could lead to further gains, targeting $7.77, $10, and potentially $11.9, pushing its market cap past the $10 billion mark.
3. Litecoin (LTC)
Litecoin, designed for fast and low-cost payments, is a peer-to-peer cryptocurrency with a robust track record.
LTC has been trending within a falling wedge pattern. It recently rebounded from $67.5 to $75.27, marking an 11.5% increase. Its market cap is currently $5.615 billion.
If LTC breaks through its current resistance, it could rally to $112.8, significantly boosting its market cap and positioning it for further growth.
4. Polygon (MATIC)
Polygon is a Layer 2 scaling solution for Ethereum, designed to enhance its scalability and usability while maintaining decentralization.
MATIC has been consolidating around the $5.4 mark, showing trader uncertainty. It trades at $0.569 with a market cap of $5.61 billion.