One of the famous traders, Peter Brandt, just made a very bearish prediction about Bitcoin, saying that it could end up at $44K. While this might scare some people, the crypto space is full of ups and downs, so traders never stop looking for good spots to get involved. There are five coins right now that analysts think are diamonds in the rough—priced too low not to buy.
These cryptos include DTX Exchange (DTX), Cardano (ADA), Polygon (MATIC), Kaspa (KAS) and Ondo (ONDO). While most of these are well-established in the crypto space, DTX Exchange is a rookie now in Stage 2 of its presale, which has soared by 100% so far. Market analysts have it pegged as the next $1 crypto in 2024. Let's see why.
DTX Exchange (DTX) has quickly become a powerful player in the cryptocurrency market. So far, its ongoing presale has already raised over $800,000 and will comfortably reach $1M by the end of July 2024. Early traders now earn 100% ROI, which caught the attention of CryptoDexWorld, a well-known YouTuber.
What separates DTX Exchange from everybody else is its unique hybrid trading model that seamlessly combines CEX and DEX. Users can trade with the system anything they want, such as bonds and cryptos. In fact, there are over 120K asset classes available on DTX Exchange, with leverage of up to 1000x—a big advantage over platforms like Coinbase.
The DTX utility token is the fuel behind this platform. Holding this token will give you access to advanced analytics tools and governance voting rights. Additionally, you can enter a $1M giveaway by the DTX Exchange just by buying $100 worth of DTX during its presale. In this giveaway, ten lucky winners will receive $100K each.
Currently, DTX is worth only $0.04 as it is in Stage 2 of its presale. However, this price will rise by 50% once Stage 3 begins. Those who bought it early on are now enjoying a 100% ROI. Due to all these factors, market analysts predict DTX will soar to $1 once it hits Tier-1 exchanges in Q3 of 2024 - making it one of the top cryptos to watch this summer.
Next, we will discuss Cardano (ADA), another major player in the crypto market. Recently, IntoTheBlock noted a bullish factor. In their X post, they stated that Cardano is now preparing for the Chang Hard Fork, which will come before July ends. Before its previous hard fork, the Cardano coin value surged 130% in just a month.
Speaking of which, ADA's price increased nearly 30% in the past year alone. The Cardano market cap surged from $10B to $13B in that time. Furthermore, around eight technical indicators are in the buy zone for Cardano. As a result of all this bullish Cardano news and indicators, market analysts forecast a surge to $0.60 before Q3 of 2024 ends.
Polygon (MATIC) is also one of the current cryptos to watch. According to CoinMarketCap data, the Polygon price fell nearly 25% in the past 12 months. However, market analyst Crypto Wealth remains bullish for this crypto. His X post predicts a potential surge to $2.33 once MATIC reclaims $0.786 soon.
The technical analysis of the Polygon crypto also backs up this claim. MATIC trades above its 200-day EMA, with six technical indicators in the buy zone. Due to all these bullish signals, experts in the crypto field have a new Polygon price prediction. They forecast a surge to $0.70 for MATIC within Q3 of 2024.
In the second-to-last place, we will talk about Kaspa (KAS). According to CoinMarketCap data, over the past 12 months, the Kaspa price has increased by over 600%. Crypto expert Lucky claims that this is just the start for KAS. According to his X post, the Kaspa coin has the potential to become one of the top 10 cryptos as more people discover its potential.
Regarding the Kaspa crypto technical analysis, there are plenty of green signals. For instance, KAS trades above its 50—and 100-day EMAs and 19 technical indicators in the buy zone. Therefore, in their Kaspa price predictions, market analysts foresee a rise to $0.53 before Q3 of 2024 ends.
Finally, our analysts have pointed to Ondo (ONDO), another crypto trading platform in the green. CoinMarketCap data shows that the price of ONDO surged nearly 500% on the YTD chart. Moreover, analyst MrCryptosis predicts a potential fast run to a new ATH for ONDO soon. In his X post, he forecasts a jump to $3 or $5 for the Ondo price in September 2024.
The technical analysis of the Ondo coin is also bullish at this moment. For instance, around five technical indicators are flashing green for this crypto. When making their Ondo price predictions, experts note all these factors. Thus, they predict a rise to $2 for ONDO within Q3 of 2024.
While Peter Brandt remains bearish for Bitcoin with his $44K price prediction, traders are focusing on other cryptos with more potential. Thus, DTX Exchange, Cardano, Polygon, Kaspa and Ondo are making headlines. However, DTX Exchange stands out as it has real-world ties to the $1.4T FX market and a lower market cap. Thus, DTX will soar much faster than its peers.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.