Bittime - The altcoin season is predicted to start next summer (around June) and last until the end of the year. So, this article will discuss 4 altcoins that are worth looking at during the altcoin season. Anything? Let's discuss it together!
Choosing the right altcoin is not easy. Moreover, there are currently thousands of cryptocurrencies on the market, each with different functions and performance histories.
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However, there are some "evergreen" (reliable) altcoins that have a history of price increases in previous altcoin seasons. So, this article will discuss the top 4 altcoins that must be considered before the altcoin season starts.
4 Altcoins of Choice During Altcoin Season
1. Solana (SOL)
Currently, Solana is the most popular blockchain network thanks to the success of the Solana meme coin. The Solana network's native token, SOL, is a popular altcoin. The price is currently at $146.83 after a slight increase compared to yesterday.
Also read: What is Solana (SOL) Pay?
The high demand for SOL is evidenced by the surge in trading volume in the last 24 hours of 8.98%, which pushed the total transaction value to $2,056,224,089.
Solana also ranked 5th among the top 10 cryptocurrencies on CoinmarketCap, with a market capitalization of $66,040,431,039. Buying Solana could be the right step to welcome the altcoin season.
2. Polygon (MATIC)
Polygon is known as a leading Layer 2 solution, the best alternative to the Ethereum network. Its popularity has continued to grow over the years, and its native token MATIC is among the top 20 cryptocurrencies with a market capitalization of $6,560,907,632.
MATIC price currently stands at $0.6616 with a trading volume of $211,075,314 after a 104.57% surge. Even though the price is falling, MATIC's history shows the potential for huge profits at the right time.
Also Read How to Buy Crypto:
3. Toncoin (TON)
Toncoin has recently become a hot topic of conversation because of its collaboration with the social media platform Telegram. Telegram has a close relationship with Toncoin and influences its price.
Additionally, TON has a history of significant price increases, with its all-time high (ATH) at $7.65, just $0.74 off its current price.
Also read: What is Toncoin (TON)? How it Works, Features & Roadmap
At the time of writing, TON was trading at $6.91 and ranked 8th in market cap at $23,982,950,448. Its trading volume also jumped 202%, which pushed its value to $503,844,196.
If this trend continues, TON has the potential to print a new ATH in the next few hours.
4. Chainlink (LINK)
Chainlink is constantly working to add new functionality and Smart Contract features to the market. Recently, Chainlink has integrated six new services for various blockchains, including DeFi projects, Fitech, and Web3 games.
These ongoing efforts increase the value of altcoins in the crypto market, making them an attractive choice for the altcoin season. Chainlink's native token, LINK, ranks 16th in market cap at $7,853,265,878.
Currently, LINK is trading at $13.37 and has seen a 52% increase in trading volume.
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Conclusion
Altcoin season offers investors a great opportunity to make a profit. However, it is important to choose the right altcoin and do thorough research before investing.
According to crypto analyst Mikybull Crypto, altcoins are in a "disbelief" stage, which is usually followed by massive rallies (price increases) in the past. This kind of analysis indicates a high probability of altcoin season coming soon.
So, prepare yourself for altcoin season! The four altcoins above are worth considering as investments ahead of the season. However, always remember to do your own research before making any investment decisions.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
5 Altcoins Have a Chance to Rise 1000% when Bitcoin Falls? This is the Altcoin List
What is the Altcoin Trading Dilemma?
Tips for Finding Altcoins that will Rise
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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