The cryptocurrency market is regaining traction as Bitcoin surges past the crucial $69K level, with investors anticipating a potential $70K breakthrough.
As Bitcoin rallies, certain altcoins are positioned for significant upward movement, potentially offering robust returns in the coming days. Market analysts identify these four crypto to buy, signaling promising opportunities for traders seeking alternatives to BTC during its bullish trend.
4 Altcoins Poised for Major Gains
The cryptocurrency market is stirring with excitement as Bitcoin’s price climbs to $69,132, marking a 2% surge. These four altcoins are well-positioned for gains as momentum builds across the digital asset space.
Dogecoin (DOGE)
Dogecoin (DOGE), the popular meme-based cryptocurrency, has recently experienced a notable surge. At the time of writing, the DOGE price has climbed to $0.15, with a 6% increase in the last 24 hours. This jump adds to its impressive 114% rise over the past year, sparking renewed market interest.
Recent santiment data reveals heightened whale transaction activity, especially significant in early April, which later tapered off through July. However, whale transactions picked up in mid-September, propelling DOGE’s price movement upward. This renewed activity suggests growing bullish sentiment and could further fuel the rise of meme coins like Dogecoin, highlighting a robust comeback in cryptocurrency.
Solana (SOL)
Solana (SOL), a prominent Layer 1 blockchain, is gaining traction due to its rapid transaction speeds and resilient infrastructure. The SOL price is $172 and has maintained stability, with a 6% rise over the past week.
Over the last year, SOL’s price surged 451%, highlighting its potential as a promising crypto to buy. Increased developer interest and a dynamic ecosystem continue to fuel Solana’s growth, supported by a wave of ecosystem projects and meme coins. If the bullish momentum mounts more pressure, the SOL price could surge to $200 words.
TRON (TRX)
TRON (TRX) has emerged as a prominent contender in the decentralized digital space, rising by an impressive 75% over the past year. Trading at $0.1638, The value of TRX experienced a slight 1% dip recently but has seen gains over the week. This positive movement is largely due to increased meme coin trading on its network.
Additionally, TRON’s Total Value Locked (TVL) now reaches $6.761 billion, marking its significant role in the DeFi landscape. TRON’s growth makes it an increasingly appealing choice for those exploring the best crypto to buy.
Toncoin (TON)
Toncoin (TON), a cryptocurrency developed by Telegram, is making waves in the blockchain industry with its advanced layer-1 technology. Currently priced at $4.95, Toncoin has surged 140% over the past year, catching the attention of investors as Bitcoin moves closer to the $70K mark.
Whale activity in Toncoin is increasing, with large holders now accumulating over $5 million in stablecoins. This whale accumulation has driven recent price hikes, reinforcing Toncoin’s emerging market impact and solidifying its reputation as a crypto to buy.
With Bitcoin nearing record highs, the crypto market is buzzing with optimism. Traders looking beyond BTC consider these altcoins, each offering unique potential amid Bitcoin’s upward trend.
Frequently Asked Questions (FAQs)
Altcoins like Dogecoin, Solana, TRON, and Toncoin are seeing growth potential.
Increased whale accumulation can drive Toncoin’s price higher through demand.
Renewed whale activity and price growth have boosted interest in Dogecoin.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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