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Peter Thiel Still Skeptical on Bitcoin's Dramatic Price Increase; Traders Flock to These 5 Altcoins for Massive Returns Instead

by BSC News

July 2, 2024

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Despite Bitcoin's impressive recent price surge, billionaire Peter Thiel remains skeptical. Meanwhile, traders are finding massive returns in altcoins.

The crypto community raised an eyebrow when billionaire trader Peter Thiel expressed skepticism about Bitcoin's future growth. Traders were prompted to re-examine their portfolios and look into some promising altcoins. Here are the top altcoins below $1: DTX Exchange (DTX), Kaspa (KAS), Ripple (XRP), Notcoin (NOT) and Sui (SUI).

DTX Exchange (DTX): One of the Best Altcoins Right Now

DTX Exchange (DTX) is gaining popularity in the altcoin space. Even the famous trader Sniper in Training has expressed optimism about this crypto. His recent post on X states that people who put money into DTX at this moment will gain 50% ROI soon as its presale price surges from $0.04 to $0.06.

Among the things that make DTX Exchange unique is its hybrid trading model, which combines CEX and DEX. This versatile platform enables users to trade over 120,000 assets, including FX, bonds and cryptocurrencies, at leverage ratios up to 1000x. Furthermore, DTX Exchange has fast transaction speeds, as low as 0.04 seconds - a significant advantage over its rivals.

The DTX utility token is the foundation of this platform. This altcoin offers many holder advantages, like lower trading fees and access to more advanced analytics tools. Additionally, every trader who buys $100 worth of DTX during its presale will participate in a $1M giveaway. Ten individuals will each win $100K.

So far, this rising presale star has raised over $800K and is on pace to reach $1M before July 2024 ends. Furthermore, those who bought it early on are enjoying a 100% ROI as this altcoin's price increased from $0.02 at its start to its current Stage 2 price—$0.04. Due to all these factors, market analysts foresee a 100x jump once a Tier-1 CEX lists DTX in Q3 of 2024.

Kaspa (KAS): New All-Time High (ATH) for This Altcoin

Next, we have to talk about Kaspa (KAS), which has seen exciting price movements. According to CoinMarketCap data, this altcoin's price increased over 600% in the past year alone and reached a new ATH at $0.195 on June 30th, 2024. Moreover, crypto analyst Kaspa Enthusiast predicts this altcoin will soar to $0.20 soon.

The technical analysis for the Kaspa coin is also bullish. For example, KAS is trading above its 50- and 100-day EMAs with 27 green technical indicators. Therefore, market analysts have made a bullish Kaspa price prediction—reaching $0.23 within Q3 of 2024.

Ripple (XRP): Potentially Reaching the Moon

Ripple (XRP) is another top altcoin that has piqued traders' interest. Over the past 12 months, the Ripple price surged nearly 5%, according to CoinMarketCap data. Crypto analyst Brett Hill has also made a bullish statement for this altcoin. In his X post, he predicts that XRP may skyrocket to the moon soon, reaching between $2.90 and $16.10.

This bullish Ripple price prediction has some merit from a technical analysis perspective. Notably, over 13 technical indicators are now in the buy zone for XRP. As a result, experts in the crypto field foresee the Ripple coin trading at $0.65 before Q3 of 2024 ends.

Notcoin (NOT): Massive Burn Event Could Trigger a Rally

Up next, Notcoin (NOT) is also making headlines in the altcoin market. For example, Notcoin recently announced that it has burned over 207M NOT tokens worth $3M. This massive burn event could be a trigger for a NOT price upswing. Speaking of which, it did NOT fall nearly 2% on the YTD chart.

But, the technical analysis of the Notcoin crypto paints a different picture. Notably, around six technical indicators are now flashing buy signals for this altcoin. Due to all this bullish Notcoin news and indicators, analysts claim that it will reach a value of $0.022 within Q3 of 2024. This makes it NOT one of the altcoins to watch as Peter Thiel shows skepticism for Bitcoin.

Sui (SUI): $2 Coming Again

Finally, we will discuss Sui (SUI). According to CoinMarketCap data, the Sui price surged over 20% in the past year alone. Crypto analyst Top Gainer Today also remains bullish. As per his X post, the price of SUI may surge to $2 again very soon.

Also, the Sui crypto is now trading above its 50-day EMA while having five positive technical indicators. Because of all these factors, experts in the crypto field have made a bullish Sui price prediction—soaring to $1.44 before Q3 of 2024 comes to a close.

Closing Thoughts on the Top Altcoins Below $1

As Peter Thiel has made some concerning statements about Bitcoin, these altcoins are gaining mass appeal. However, DTX Exchange stands out from Kaspa, Ripple, Notcoin and Sui. This rookie has real-world ties to the $1.4T stock market and a lower market cap.

In other words, DTX will skyrocket on the price charts much faster while maintaining its stability. If you are interested in one of the top altcoins below $1 right now, sign up for the DTX presale using the links below.

Visit DTX Presale

Read Whitepaper

Join the DTX Community

 

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