2024

Radiant

Chromia

Dione Protocol

<p>The post <a href="https://coinpedia.org/price-analysis/top-5-low-cap-layer-1-altcoins-to-focus-on-in-2024/" rel="noopener noreferrer nofollow">Top 5 Low-cap Layer 1 Altcoins To Focus on in 2024</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>With a growing bearish influence over the crypto market, Bitcoin and other layer-1 Altcoins are under correction. While the intensity of the correction phase differs for each project, the overall performance is under pressure.&nbsp;</p>
<p>However, the crypto market anticipates a bull run in the coming months. These tokens could skyrocket multiple times, with Bitcoin potentially surpassing $73K. Further, with the altcoin season approaching the crypto market doorstop, the bull run in the Layer-1 tokens is about to begin soon.&nbsp;</p>
<p>So, here are the top 5 Low Cap Layer-1 Altcoins to buy in 2024 for massive returns.&nbsp;</p>
<h2 class="wp-block-heading" id="h-the-top-5-low-cap-layer-1-altcoins">The Top 5 Low Cap Layer 1 Altcoins</h2>
<h3 class="wp-block-heading" id="radiant-rxd">Radiant (RXD)</h3>
<p>Radiant is a peer-to-peer digital asset system allowing direct value exchange without a central authority. Like Bitcoin, it uses a minimal structure and timestamps transactions into a continuous, proof-of-work chain.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXelqhzrxOrLKXnaK5CkJBA0-KW8qM8JIPkXCw-yhC9iX1v7BZRwIApohF_haOSvH1UMEYkBZskww5lU-KuqwgaO6bFbD4cMxMAcoYMIVu2AyaA-mIeaUhO8mXeLE_HywSXqWheshHkQ9IAthjWB7f6WJrzz?key=_nZRcO6Z09RW_VuPXLjx_w" alt="">
</figure>
<p><a href="https://www.tradingview.com/x/FyyH64Km/" rel="noopener noreferrer nofollow">Tradingview</a></p>
<p>Radiant (RXD) is currently priced at $0.000716, up 8.99% in the last 24 hours. The market cap of this Layer-1 token is $7.971 Million, with a 117.89% increase in the 24-hour trading volume.</p>
<p>Radiant’s all-time high was $0.009245 on April 15, 2023, down 92.24% from that peak. The all-time low was $0.0004307 on February 13, 2023, showing a 66.46% increase from that low.</p>
<p>Despite a falling channel in the weekly chart, the RXD Layer 1 altcoin is ready for a bull cycle from the support trendline. An upcycle can result in a jump to $0.0024, a 250% upside potential.&nbsp;</p>
<h3 class="wp-block-heading" id="chromia-chr">Chromia (CHR)</h3>
<p>Chromia is a blockchain platform developed by ChromaWay, aimed at simplifying the creation of decentralized applications (DApps). ChromaWay, active since 2014, is also known for developing colored coins representing various assets on a blockchain.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXemplhhLeiD-BRu_iG7D_6ASTiFOK7_u2ze16qzkvrE7X-mqILE5Ad4cjNDmeUNfCKuKGBG7qPZQuA9Kr4bXNl0UPVPbPqnDJnPJrEKRLOVsuZLKk9tJTuf6uaAV5v4-okcZW-9lwsqf6sTC8WMEc06u3aH?key=_nZRcO6Z09RW_VuPXLjx_w" alt="">
</figure>
<p><a href="https://www.tradingview.com/x/YC3tIbOk/" rel="noopener noreferrer nofollow">Tradingview</a></p>
<p>Chromia (CHR) is currently priced at $0.2407, up 4.27% in the last 24 hours. The market cap is $195.5 Million, with a 381% surge in the 24-hour trading volume. Further, the Layer 1 altcoin is down by 84% from its all-time high of $1.50. On the flip side, the bull run from the all-time low of $0.008525 marks a remarkable 2705.75% increase.</p>
<p>As per the trend-based Fibonacci levels, a price jump from $0.21 can top the 1.618 level at $0.8435.</p>
<h3 class="wp-block-heading" id="injective-protocol-inj">Injective Protocol (INJ)</h3>
<p>Injective is a blockchain platform designed to revolutionize the finance sector through its advanced Layer 1 infrastructure. Amid the recent market recovery, the INJ price showcased a notable reversal from the combined support of $18.6 and 100W EMA.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdqBqAGhkZ1n7tak-qqWFxvIAczqrczccI2w6ESTC9GIH8O2lO-nGQPtilM_8-efORVIqlIG6HB9pYya_u0kSqQve05k7GyRuygmGK-hvTumEZ14aFZ3VzuYMx3CXPsfHykwRKZvku83JegW5BxUAgGIVO5?key=_nZRcO6Z09RW_VuPXLjx_w" alt="">
</figure>
<p>Source: <a href="https://www.tradingview.com/x/H4SYRUN7/" rel="noopener noreferrer nofollow">Tradingview</a></p>
<p>The bullish reversal uplifted the asset 20% to trade at $22.4, while the market cap surged to $2.077 Billion. If the bullish momentum holds, then the buyers could challenge the overhead trendline around $27.</p>
<p>The potential breakout could offer a better trend reversal signal and bolster the Layer 1 altcoin, INJ, buyers to chase the $53 target.</p>
<h3 class="wp-block-heading" id="dione-protocol-dione">Dione Protocol (DIONE)</h3>
<p>Dione Protocol (DIONE) is a blockchain project focused on creating a sustainable and eco-friendly digital economy by leveraging renewable energy sources.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcDZpHNAY03h0Gq18fQV5IdwAP4m684WrEur9HBzRb0RbYdQpWR2HI92IOs6g2UQ3ObUMWLPqckcUXTOB0wylb49osUc9uCSx5rXKIsltTGScN9kbWhpku4g2XMYzhs9m3tF7_sCsJxGTEpSuke3dcMSRg?key=_nZRcO6Z09RW_VuPXLjx_w" alt="">
</figure>
<p><a href="https://www.tradingview.com/x/3hKHP1yS/" rel="noopener noreferrer nofollow">Tradingview</a></p>
<p>While the supply pressure from the broader market eased, the DIONE price correction managed to stabilize above the 38.2% Fibonacci retracement level. The healthy pullback indicates the long-term trend remains bullish for DIONE remains bullish.</p>
<p>A recent reversal from 38.2% FIB at $0.0071 has uplifted the asset 16.4% to trade at $0.0082, while the market cap surged to $77.6 Million.</p>
<p>With sustained buying, this altcoin could flip the 200D EMA into potential support, resorting to the bullish sentiment among traders. The post-breakout rally in this Layer 1 altcoin could hit $0.0134, followed by $0.0165.</p>
<h3 class="wp-block-heading" id="dusk-dusk">DUSK (DUSK)</h3>
<p>Dusk Network (DUSK) is a privacy-focused blockchain protocol designed to bring institutional-grade financial services to the blockchain while ensuring compliance with regulatory standards.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfw8H086gX59Vjym7bGaeBfAg00i7wuBh3vgdHWOGglXeaMCEpjHIVLNXWixpAh37VjA8THRM59izlBeWrVUNblP3rLuKTa5OzgUA6undow1NpOxBKzNg7_a7SmcZhZyY3UJPfKFi9IBD26YLDaJAjFh6En?key=_nZRcO6Z09RW_VuPXLjx_w" alt="">
</figure>
<p><a href="https://www.tradingview.com/x/OZBwpsXu/" rel="noopener noreferrer nofollow">Tradingview</a></p>
<p>DUSK coin witnessed a notable outflow in the June market correction as its price fell from a $0.51 high to a $0.27 low, projecting a loss of 47%. However, the falling price faced a fresh wave of demand pressure at $0.285, a horizontal support zone intact since February 2024.</p>
<p>The coin rebounded from this support, indicating a crucial accumulation zone for buyers to launch a counterattack. By the press time, the DUSK coin trades at $0.284 and maintains a market cap of $119.8 Million.</p>
<p>If history repeats, the DUSK price could rebound sharply and pierce the combined resistance of $0.327 and 200D EMA. The potential breakout will intensify buying momentum in this Layer 1 altcoin to target the $0.5 mark.</p>

Top 5 Low-cap Layer 1 Altcoins To Focus on in 2024

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