Uncover the top 4 crypto to buy this alt season, poised for growth and offering potential returns amid bullish market sentiment
The crypto market is experiencing a robust surge, sparking investor optimism. Amid this bullish momentum, several affordable crypto to buy are potential opportunities for substantial gains. These cryptocurrencies are positioned for significant growth, fueled by strong market sentiment and favorable conditions, making them promising assets in the current altcoin season.
3 Cryptos to Buy in Alt Season for Big Profits
Bitcoin’s recent surge to the green line signals a pivotal moment, marking the start of “altseason.” This market shift occurs every four years as Bitcoin’s dominance wanes. Investors turn to top altcoins during this period, with four promising cryptocurrencies poised for significant gains during the next cycle.
Stellar (XLM)
Stellar (XLM), a peer-to-peer decentralized network launched in 2014 by the Stellar Development Foundation, has experienced remarkable growth. Over the past week, XLM’s price surged by 100%, positioning it as a top crypto to buy during the current altcoin season. The cryptocurrency also recorded a massive 500% increase in the past month. At the time of writing, the XLM price is trading at $0.4857, reflecting a 13% rise in the past 24 hours.
According to Coinglass data, Stellar derivatives are experiencing a notable uptick in trading activity and open interest. The total derivatives trading volume for XLM surged, underscored by traders’ rising interest in the token’s market movements.
Open interest, which reflects outstanding contracts in the cryptocurrency market, also increased, suggesting growing commitments from market participants in the derivatives space.
Cardano (ADA)
Cardano (ADA), a proof-of-stake blockchain platform, has gained traction after a remarkable 162% price surge this year. The cryptocurrency rallied above $1 in November and traded at $1.02, a 10% increase in 24 hours. This rapid growth has fueled optimism among investors and market analysts.
A bullish reversal is likely if ADA surpasses the $1.5 resistance level. Such a breakout could push its price to $2 this month, presenting a lucrative opportunity for investors seeking significant returns in the cryptocurrency market.
Uniswap (UNI)
Uniswap (UNI) price has surged significantly, gaining 70% over the past month amid a broader cryptocurrency market rally. In just the past week, UNI has climbed 40%, positioning it as one of the top altcoins to watch this alt season. At press time, the UNI price was $12.55, marking a 14% increase in the last 24 hours.
The surge comes as Uniswap announces the largest bug bounty in history, offering up to $15.5 million. This bounty targets critical vulnerabilities in the protocol’s v4 core contracts, reinforcing its commitment to security. This development could further boost investor confidence and UNI’s upward momentum in the market.
As the alt season gathers steam, these four cryptocurrencies stand out as strong contenders for significant growth. Market optimism and strategic investments could turn them into lucrative assets, offering an opportunity to capitalize on the ongoing bullish trends in the crypto market.
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