Bitcoin prices have already seen a significant rise over the past year, and crypto investors are turning their attention to altcoins. This is because altcoin season usually arrives after Bitcoin's rally ends, giving it more upside potential. Ahead of the second leg of the crypto bull market likely to occur later this year, Analyst Buzz's crypto analysts reveal the top altcoins worth buying that are currently trading below $1. .
Still bullish on Polygon's MATIC
The first altcoin on the list is Polygon's MATIC. This is surprising since MATIC is one of the only top altcoins that did not see any outperformance last year. However, this could be part of the reason why analysts feel altcoins will outperform.
Despite the previous day's rally, MATIC price is still down more than 75% from its all-time high of $2.92. This is in contrast to large cryptocurrencies such as Bitcoin and Ethereum, which have hit or approached all-time highs this year.
Ondo Finance remains a top altcoin candidate
Ondo Finance has been making waves this year, and despite being relatively new compared to other altcoins on this list, its performance has been a top mover. The cryptocurrency came into the limelight thanks to its partnership with multi-trillion dollar asset management firm BlackRock.
In 2024 alone, the coin rose more than 1,000%, going from $0.08355 to over $1, followed by a downward correction. However, despite this, crypto analysts expect altcoins to continue their strong performance even into the bull market.
Oasis Network (ROSE) creates list of potential altcoins
Oasis Network’s ROSE also joins Altcoin Buzz’s list of altcoins that outperform in bull markets. This Layer 1 blockchain project did not stand out in the bear market, with the price ultimately dropping about 90% from its all-time high of $0.59.
However, the price of ROSE has now started to rise and is currently trading at $0.091, a level that many would call a steal. Unlike the altcoins already mentioned, ROSE still has a market cap of less than $1 billion, giving it plenty of room to perform during a crypto bull market.
Is Golem (GLM) still in the game?
Highlighting the list of altcoins that have the potential to outperform in the crypto bull market is GLM, the native token of the Golem platform. Golem has been in the crypto market for a while, but it is only now starting to play a role as AI and computing become the dominant narrative in the market.
The project features peer-to-peer distributed computing resources that allow users to interact directly with each other. As the topic of computing becomes more popular, Golem could be a great investment.
After a rather rocky start to 2024, GLM is currently down about 57% from its all-time high of $1.25. Like Oasis Network (ROSE), its market cap is still under $1 billion, making it one of the altcoins that has the potential to continue rising. difficult.
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