Top Altcoins Below $1 To Stack now for 10x Profits in Q2!

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As the price of Bitcoin holds strong above the $67K mark, the crypto market has recorded a significant increase in the buying and selling pressure. Moreover, top tokens have successfully surpassed their important resistance levels, suggesting a bullpower in the crypto space.

However, the mid-cap and low-cap altcoins have recorded massive growth in their respective portfolios, highlighting a switch in investor’s interest in these altcoins.

Let’s take a closer look at the top four altcoins that are currently valued below $1 but have a huge potential to record a surge of up to 10X return by the end of Q2.

GameStop (GME):

The latest sensational memecoin on the Soalna ecosystem, the GameStop token made its first appearance in the crypto market in January 2024. It was primarily created to pay tribute to the 2021 short squeeze of the GameStop stock.

Positively, the meemcoin has added approximately 100% within the past 24 hours, indicating a strong bullish sentiment in the crypto space. Moreover, it has surged 250% over the past week, highlighting a positive outlook for the altcoin during the coming time.

If the bulls continue to gain momentum, the GME price will prepare to retest its upper high during the upcoming weeks. However, bearish price action could pull the price toward its lower support level of $0.00237 in the coming time.

Mantra (OM):

The Mantra project is a security-first Real World Asset (RWA) Layer-1 blockchain. It is capable of applying real-world rules and regulatory requirements. Further, it offers a permissionless blockchain for permissioned applications.

Its native currency “OM” token has already recorded a surge of approximately 1,150% since the year started, indicating a strong bullish sentiment for the altcoin in the crypto space. With a circulating supply of 793,991,274 OM tokens, it is expected to display a significant surge in the coming time.

If the bulls continue to gain momentum, the OM price will prepare to retest its ATH by surpassing the $1 mark soon. Conversely, in case of a bearish reversal in the market, the Mantra price will plunge toward its crucial support level of $0.6250 during the upcoming weeks.

AIOZ Network (AIOZ):

AIOZ Network (AIOZ) is a DePIN for Web3 AI, storage, and streaming and powers a decentralized future with more security. Further, it awards you for sharing your computational resources for transcoding, sorting, and streaming digital media content.

The AIOZ price faced repeated rejection at the resistance level of $0.83950, resulting in the price trading in a closed range between $0.68430 and $0.83950. Positively, the EMA 50-day shows a bullish sentiment, highlighting a positive outlook for the AI token in the coming time.

If the bulls break out of the resistance level of $0.83950, the AIOZ Network will prepare to test its upper resistance level of $1.02931 during the upcoming months. Negatively, if a bearish trend reversal occurs, the AIOZ token will plunge toward its crucial support level of $0.5111 this month.

BOOK OF MEME (BOME):

Introduced as an experimental project to redefine the Web3 culture, the BOME project ensures to be immortalized on the blockchain. Built on the Solana blockchain, the BOOK OF MEME’s BOME acts as a primary storage. Further, it fosters a new dimension of decentralized social media.

Despite losing a significant value of 58.61% from its all-time high (ATH) of $0.0280, the BOME token continues to trade with a Year-to-Date (YTD) return of approximately 1,200%. At the time of writing, the price of BOME memecoin was $0.011448 with a market cap of $795.86 Million.

If the market holds the price above the support level of $0.011350, the bulls will regain momentum and prepare to test its upper resistance level of $0.0132. Conversely, if the bears gain control over the market, it will fall to test its lower support level of $0.01040.

Conclusion:

The volatility in the cryptocurrency market is on a constant rise, indicating an increase in the buying and selling pressure within the crypto space. Moreover, the hype for mid-cap and low-cap tokens has attracted a new round of investors and traders, highlighting a positive outlook in the coming time.

Note: Investing in mid-cap and low-cap altcoins is risky as it is highly volatile in nature. Make sure to do your own research before investing in any digital asset.