As we near the 2024 Bitcoin halving, excitement is building in the cryptocurrency market for what’s often referred to as the altcoin season. This period typically sees a surge in interest and investment in altcoins, especially those priced under $0.10. The revival of altseason, as it’s commonly called, is a topic of much discussion among crypto experts, each with their predictions on when it will make its comeback.
Analyst Altcoin Buzz recently shared his list of promising altcoins, pointing out three key picks for investors to consider this bull season.
First on the list is Polygon (MATIC), a long-standing favorite at Altcoin Buzz. Polygon 2.0, set to launch soon, brings significant changes, including multi-chain functionality. With the introduction of the new token, POI, users can upgrade their MATIC tokens at a 1:1 ratio. The transition to Polygon 2.0 opens up opportunities for staking and usage across various chains. At the time of writing, MATIC is trading at $0.84 and is up by more than one percent.
Next up is PYTH Network (PYT H), an oracle platform facilitating the transfer of real-world financial data to blockchain networks. PYTH serves as a crucial bridge between traditional finance and decentralized applications, boasting impressive stats like over 450 data feeds and trusted partnerships with major exchanges. At the time of writing, PYTH network is up by more than seven percent and is trading at $0.50 levels.
Finally, Axmint (AXM) has stepped into the limelight with its innovative crypto-mining endeavors. Recently, the company unveiled its mobile application, AXMpay, marking a significant stride in its technological offerings. With a vision geared towards the future, Axmint has outlined ambitious plans for its ecosystem. The Axm token has garnered recognition by being listed on the highly trusted platform, Dextrade, expanding its accessibility to a wider audience. Moreover, Axm has ventured into the Solana space, further enhancing its presence in the cryptocurrency market. Currently, the Axm token is trading at $0.25 level, reflecting its growing prominence and potential in the digital currency landscape.