At the heart of the current market buzz is the impending alt season. Prices are typically at their peaks during this period and unsurprisingly, investors have been taking up positions and strategizing ahead of time. To make the most of this bullish wave, the three altcoins to bet on are none other than Solana (SOL), Avalanche (AVAX) and DTX Exchange (DTX).
Their unique offerings, plus substantial growth prospects, position them for substantial growth. At the same time, growing retail and institutional demand paints a bullish picture.
DTX Exchange (DTX): A New Project at the Crossroads Between TradFi and DeFi
DTX Exchange (DTX) kicks off this list, not only as an altcoin to watch but also as a must-have coin. Its potential dwarves established altcoins like Solana and Avalanche, given its novelty as a presale token. Further, its impending revolutionizing of the $10 billion global trading market via a hybrid exchange protocol sets it up for adoption.
It is no secret that traditional financial systems are riddled with challenges, notably financial exclusion, global inaccessibility and high fees. Taking a unique approach, the DTX protocol will be different from the rest; it will combine the best elements of centralized and decentralized exchanges, notably trading of diverse asset classes, security and privacy.
Meanwhile, in round 2 of the ICO, a token costs only $0.04, presenting a low entry point. Analysts project an astounding 75x jump in its value after listing on Tier-1 exchanges, positioning it as a new DeFi project to bet on.
Solana (SOL): Promising Outlook
Solana (SOL), a DeFi powerhouse, is one of the top altcoins. It provides decentralized finance solutions, hot on Ethereum’s heels thanks to its lightning-fast transaction speed and low cost. This makes it a favorite destination among developers and projects, highlighted by the recent PayPal USD integration.
The memecoin craze is one of the fuels powering the Solana price. It registered an annual peak of $200 during the March high, hinting at its potential. With more room for growth after the recent correction, a rally past $300 is projected before the year’s end.
Its long-term outlook is more promising—an anticipated upswing toward $500 at the peak of this bull run or alt season. This explains the soaring interest among institutional investors and retailers in Solana coin, aiming to ride its massive bullish wave.
Avalanche (AVAX): Eyes on $100
Avalanche (AVAX), another Layer-1 blockchain, is an altcoin to bet on ahead of the altcoin season. Since its mainnet launch in 2020, the ecosystem has thrived, housing several decentralized applications (dApps) and DeFi protocols. One of its many competitive advantages is its higher transaction output.
As an alt season looms, it is a compelling altcoin to HODL. It was one of the biggest highlights in the year’s first half, hitting $60 during the March high. A bullish Avalanche price prediction suggests a rally past $100 before the year’s end, putting it within striking distance of its all-time high of $146.
Given its significant upside potential, it is clear why investors have been doubling down and bidding high. The Avalanche coin will likely be at the forefront of the upcoming altcoin season, placing it on the list of the best coins to invest in.
Conclusion
As an alt season looms, the three tokens to watch and bet on are Solana, Avalanche and DTX Exchange. Their significant upside potential put them on the radars of savvy investors; they are ahead of the curve. To make the most of this bullish wave, there might not be a better time than now to stack up.
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