Altcoins
Michael Saylor Proposes New $500 Million Plan to Buy More Bitcoin; Top Altcoins Below $1 That Could Rise in June
Michael Saylor reveals new $500 million plan to buy more Bitcoin. Plus, find out which top altcoins under $1 could see a surge in June.
MicroStrategy CEO Michael Saylor has announced plans to purchase $500 million worth of Bitcoin soon. Along with Bitcoin, which continues to make headlines, traders have turned their attention to altcoins priced below $1 and showing high growth potential. Here are our top picks for June: DTX Exchange (DTX)Notcoin (NOT), Cardano (ADA), Kaspa (KAS) and Ripple (XRP).
DTX Exchange (DTX): First on the list of best Altcoins
DTX Exchange (DTX) is quickly becoming one of the most promising altcoins. This unique platform integrates centralized and decentralized exchange (CEX and DEX) functionality, allowing users to trade over 120,000 asset classes such as stocks, commodities and cryptocurrencies with a trading effect. leverage up to 1,000x.
DTX Exchange stands out from platforms like Coinbase because it prioritizes user privacy above all else. Unlike many trading platforms, DTX Exchange does not require KYC checks during registration, which has made this exchange very popular among traders who want to keep their identity secret around the world.
The DTX utility token is at the heart of this ecosystem; it has many advantages for its owners. Notably, holding this altcoin will give you lower trading fees and access to advanced tools. Additionally, if someone purchases $100 worth of DTX tokens during the presale period, they will be entered into a $1 million competition, where ten winners will receive $100,000 each.
Currently, the DTX Exchange has raised over $690,000, with projections suggesting $1 million before the end of June 2024. The price of this altcoin now stands at $0.04 at the milestone 2 of its pre-sale, representing a 100% return on investment for those who purchased it early. However, experts predict a jump to $0.5 once a Tier 1 CEX lists DTX in the third quarter of 2024. This makes DTX one of the best altcoins at present.
Notcoin (NOT): A Rising Force in the Altcoin Space
Notcoin (NOT) is also making headlines in the altcoin space. Since its launch in May, the price of Notcoin has jumped more than 25%, according to CoinMarketCap data. Crypto analyst Valeriya believes that this bullish trend could continue. In his postshe states that NOT will see an uptrend in the short term.
Technical analysis of the Notcoin crypto also shows that an uptrend is forming. For example, this altcoin has more than eight technical indicators in the buy zone. For all these reasons, market analysts have made a bullish forecast for the price of Notcoin. In it, they forecast a potential rise to $0.025 in the second quarter of 2024.
Cardano (ADA): major analyst remains optimistic
Next on our list of best altcoins is Cardano (ADA). According to data from CoinMarketCap, the price of Cardano has increased by almost 50% over the past 12 months. Additionally, crypto analyst Sssebi remains optimistic. In his posthe claims that this altcoin is now hitting bottom compared to BTC and could soon experience a nice pump.
Meanwhile, technical analysis of Cardano coins also shows bullish signs. Notably, around seven technical indicators are currently showing buy signals for this altcoin. As a result, experts in the crypto space predict a rise to $0.64 before the end of Q2 2024 in their Cardano price predictions.
Kaspa (KAS): a new listing could trigger a rally
The penultimate place for our most exciting altcoins is Kaspa (KAS). Recently, Kaspa announced a new listing on the popular digital asset exchange CoinW. With this development, more users can access this altcoin which is riding a bullish wave. This could also increase the value of KAS in the long term.
Speaking of which, the value of Kaspa coin has surged over 900% in the last 12 months. Additionally, Kaspa is trading above its 50 and 100 day EMAs with 26 green technical indicators. Due to all these news and bullish indicators from Kaspa, experts remain confident in its long-term growth. They forecast a potential rise to $0.19 for KAS in the second quarter of 2024.
Ripple (XRP): partnership with the National Bank of Georgia
Finally, we will discuss Ripple (XRP) as one of the altcoins to watch. According to a recent LinkedIn article by the National Bank of Georgia, it deepened its ties with Ripple to digitalize the local economy. With this development, Ripple continues its widespread adoption and may soon soar.
Cryptocurrency Ripple has fallen almost 10% on the chart since the start of the year. However, technical analysis of this altcoin paints a different picture. For example, more than six technical indicators are showing green signs for Ripple. Due to this Ripple news and signals, market analysts predict a rise to $0.71 before the end of Q2 2024.
Final Remarks on the Best Altcoins to Invest in
As Michael Saylor aims to expand his Bitcoin holdings, there are plenty of growth opportunities in the altcoin market. DTX Exchange, Notcoin, Cardano, Kaspa, and Ripple are some of the top altcoins under $1 that could explode in June. DTX Exchange is notable for its lower market capitalization and ties to trillion-dollar financial markets, such as the $133 trillion bond market.
Due to these factors, DTX will rise faster and higher than its peers. If you want to buy one of the best altcoins, sign up for the DTX presale using the links below.
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