Altcoin
Michael Saylor Proposes New $500 Million Plan to Buy More Bitcoin; best altcoins under $1 that could rise in June
Michael Saylor Reveals New $500 Million Plan to Buy More Bitcoin. Plus, he find out which top altcoins under $1 could see a surge in June.
MicroStrategy CEO Michael Saylor announced his plan to buy $500 million worth of Bitcoin soon. In addition to Bitcoin, which continues to dominate headlines, traders have shifted their attention to altcoins priced below $1 and with 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 in the list of best altcoins
DTX Exchange (DTX) it 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 up to 1000x leverage.
DTX Exchange stands out among platforms like Coinbase because it values 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 their identity to be kept secret around the world.
The DTX utility token is at the heart of this ecosystem; It comes with many benefits for its holders. Notably, holding this altcoin will give you lower trading fees and access to advanced tools. Additionally, if anyone purchases $100 worth of DTX tokens during the pre-sale period, they will be entered into a $1 million giveaway, where ten winners will receive $100,000 each.
To date, DTX Exchange has raised more than $690,000, with projections suggesting a $1 million milestone before the end of June 2024. The price of this altcoin is now at $0.04 in Phase 2 of the presale: a 100% ROI for those who purchased it early. However, experts predict a jump to $0.5 once a level 1 CEX lists DTX in Q3 2024. This makes DTX one of the best altcoins right now.
Notcoin (NOT): An emerging force in the Altcoin space
Notcoin (NOT) is also making headlines in the altcoin space. Since its launch in May, Notcoin’s price has increased by more than 25%, according to CoinMarketCap data. Crypto analyst Valeriya believes this bullish trend can continue. In his post Xstates that we will NOT see a bull run in the near term.
Notcoin crypto technical analysis also shows a bullish trend forming. For example, this altcoin has over eight technical indicators in the buy zone. For all these reasons, market analysts have made a bullish prediction for the price of Notcoin. In it, a potential increase to $0.025 is forecast by the second quarter of 2024.
Cardano (ADA): Leading analyst remains bullish
Next on our list of best altcoins is Cardano (ADA). According to data from CoinMarketCap, the price of Cardano has increased by almost 50% in the last 12 months. Furthermore, crypto analyst Sssebi remains optimistic. In his post Xstates that this altcoin is now bottoming against BTC and could see a nice pump soon.
Meanwhile, the technical analysis of the Cardano coin also shows bullish signs. Notably, around seven technical indicators currently show buy signals for this altcoin. As a result, experts in the cryptocurrency field predict a rise to $0.64 before the end of the second quarter of 2024 in their Cardano price predictions.
Kaspa (KAS): the new listing could trigger a rally
The second to last place for our most interesting altcoins is Kaspa (KAS). Recently, Kaspa announced it a new listing on the popular digital asset exchange CoinW. With this development, more users can access this altcoin that has been riding a bullish wave. This could also increase the value of KAS in the long run.
By the way, the value of the Kaspa coin has increased by more than 900% in the last 12 months. Furthermore, Kaspa is trading above the 50-day and 100-day EMAs with 26 green technical indicators. Due to all this bullish news and indicators on Kaspa, experts remain confident in its long-term growth. They foresee a potential jump to $0.19 for KAS by the second quarter of 2024.
Ripple (XRP): Partnership with the National Bank of Georgia
Finally, we will talk about Ripple (XRP) as one of the altcoins to keep an eye on. According to a recent post on LinkedIn from the National Bank of Georgia, has deepened its ties with Ripple to digitize the local economy. With this development, Ripple continues its widespread adoption and may soon take off.
The value of the Ripple cryptocurrency dropped by almost 10% on the YTD chart. However, the technical analysis of this altcoin paints a different picture. For example, over six technical indicators show green signals for Ripple. Due to this news and signals from Ripple, market analysts expect a rise to $0.71 before the end of the second quarter of 2024.
Final considerations on the best altcoins to invest in
Although Michael Saylor aims to expand his Bitcoin holdings, there are many growth opportunities in the altcoin market. DTX Exchange, Notcoin, Cardano, Kaspa and Ripple are among the best altcoins under $1 that could explode in June. DTX Exchange stands out because it has a smaller market capitalization and is tied to trillion-dollar financial markets such as the $133 trillion bond market.
Because of 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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