Crypto Analysts Reveal Sub-$1 Altcoins Set To Outperform In The Bull Run
May 17 2024 - 8:00PM
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With the Bitcoin price having already seen a massive rally over the
past year, crypto investors have turned their attention to
altcoins. This is because altcoin season usually comes after
Bitcoin finishes rallying and they present more potential for
upside. Ahead of the second leg of the crypto bull market that is
suppose to happen sometime this year, the crypto analysts at
Analyst Buzz have revealed the top altcoins that are trading under
$1 right now that could be a good buy. Still Bullish On Polygon’s
MATIC The first of the altcoins featured on the list is Polygon’s
MATIC. This comes as a surprise, as MATIC has been one of the only
top altcoins that has failed to see any kind of outperformance in
the last year. However, this could be part of the reason why the
analyst feels the altcoin is set to outperform. Related Reading:
Why Is This Crypto Pundit Warning XRP Investors To Be At Alert For
The Next 3-12 Months Despite rallying in the last day, the MATIC
price is still down more than 75% from its all-time high price of
$2.92. This is in start contrast to larger cryptocurrencies such as
Bitcoin and Ethereum, which have either broken a new all-time high
or come close to it this year. Ondo Finance Still A Top Contender
Among Altcoins Ondo Finance has been making waves this year, and
despite being relatively new compared to the other altcoins on this
list, its performance has been among the top movers. The
cryptocurrency was pushed into the limelight following its
partnership with trillion-dollar asset manager BlackRock. In 2024
alone, the coin has seen an over 1,000% gain, going from $0.08355
to over $1 before correcting back downward. But despite this, the
crypto analysts expect the altcoin to continue to perform well
going into the bull run. Oasis Network (ROSE) Makes List Of
Altcoins With Potential Oasis Network’s ROSE also makes it into
Altcoin Buzz’s list of altcoins set to outperform in the bull
market. This Layer 1 blockchain project had flown under the radar
during the bear market, which eventually saw its price fall around
90% from its all-time high of $0.59. However, the price of ROSE is
beginning to pick up now and is currently trading at what many call
a steal at $0.091. Unlike the altcoins already mentioned, the ROSE
market cap is still under $1 billion, which gives it a lot of room
to run during the crypto bull market. Golem (GLM) Is Still In The
Game? Featuring among the list of altcoins with the potential to
outperform in the crypto bull market is GLM, the native token of
the Golem platform. Golem has been in the crypto market for a while
but it is only now that it is making its play as AI and computing
become a leading narrative in the market. Related Reading: Why Did
The Bitcoin Price Rise Above $66,000 Today? The project features a
peer-to-peer distributed computing resource which allows users to
interact directly with each other. As computing becomes an even
hotter narrative, Golem could very well be a great investment. GLM
is currently down around 57% from its $1.25 all-time high after a
rather eventual start to 2024. Just like Oasis Network (ROSE), its
market cap is still under $1 billion, making it one of the altcoins
with the potential to run hard. Chart from Tradingview.com
Oasis Network (COIN:ROSEUSD)
Historical Stock Chart
From Oct 2024 to Nov 2024
Oasis Network (COIN:ROSEUSD)
Historical Stock Chart
From Nov 2023 to Nov 2024