Potential Altcoins Under $1 That Could Outperform in the Bull Market
With the Bitcoin price having already seen a massive rally over the past year, crypto investors are now turning their attention to altcoins. Altcoin season typically follows after Bitcoin finishes its rally, presenting more potential for upside. As we await the second leg of the crypto bull market expected to happen sometime this year, Analyst Buzz’s crypto analysts have identified the top altcoins trading under $1 that could be worth considering for investment.
Positive Outlook for Polygon’s MATIC
The first altcoin highlighted on the list is Polygon’s MATIC, which may come as a surprise to some investors. MATIC has not experienced significant outperformance in the past year, but this lack of movement could be a signal that the altcoin is poised for growth.
- MATIC price is still down over 75% from its all-time high of $2.92
- Contrast with larger cryptocurrencies like Bitcoin and Ethereum, which have reached or surpassed all-time highs
Ondo Finance Emerging as a Top Contender
Ondo Finance, despite being relatively new compared to other altcoins, has garnered attention for its strong performance. The altcoin gained visibility after partnering with BlackRock, a trillion-dollar asset management firm.
- In 2024, Ondo Finance saw over a 1,000% gain, climbing from $0.08355 to over $1 before correcting
- Analysts anticipate continued strong performance from Ondo Finance during the bull market
Oasis Network (ROSE) Showing Potential
Oasis Network’s ROSE is also included in Altcoin Buzz’s list of altcoins poised to excel in the bull market. This Layer 1 blockchain project remained under-the-radar during the bear market, experiencing a significant price drop from its all-time high of $0.59.
- ROSE price is currently trading at $0.091, presenting a potential opportunity for investors
- Market cap still under $1 billion, offering room for growth in the bull market
Golem (GLM) Could Have Room for Growth
Another altcoin with the potential to outperform in the bull market is GLM, the native token of the Golem platform. While Golem has been in the market for some time, its recent focus on AI and computing trends could drive its success.
- GLM is down around 57% from its all-time high of $1.25
- Peer-to-peer distributed computing resource makes Golem an intriguing investment option