VeChain

JasmyCoin

Bitcoin

Polygon

Gala

<img src="https://cdn.thebittimes.com/images/2024/05/30/1717075382.webp" width="800" height="512" alt=""> 
The events of the past weeks suggest that the altcoin season is around the corner. While Bitcoin broke through the $70K mark for the first time since the Bitcoin halving, the US Securities and Exchange Commission (SEC) approved eight spot Ethereum ETF applications, a move that could trigger a rally. With the altcoin season very close, we look at the 5 under $1 altcoins to buy now ahead of the bull run.&nbsp; 
They are KangaMoon, Polygon, Gala, JasmyCoin and VeChain. This article will look into the reasons why you need to accumulate these tokens now. As the only presale token in the list, KangaMoon has broken key milestones in the past weeks to make this altcoin list. Let's get started. 
<h2 dir="ltr" id="span-kangamoon-price-gains-400-as-presale-hits-7m-span">KangaMoon Price Gains 400% As Presale Hits $7M</h2> 
Within months of starting the presale, KangaMoon is already staking a claim in the $176B games market. The KangaMoon native token, <a href="https://kangamoon.com/" target="_blank" rel="noopener">KANG</a>, which started at a floor price of $0.0050 in stage one of the presale, is now sold for $0.025, a massive 400% return for users who joined the presale early. So far, over 10,000 users have bought the altcoin, which has helped the team raise over $7,363,448.299 in presale.&nbsp; 
Notable analysts believe the altcoin's price will hit $1 in the coming months as the KANG token hits major CEX exchanges. BitMart, the popular CEX exchange, has announced it will list KANG in the coming days, and other CEX exchanges will follow suit. Some analysts believe that KANG will topple Pepe, Bonk, and dogwifhat in the coming months.&nbsp; 
Meanwhile, the two popular crypto data aggregator websites, CoinMarketCap and CoinGecko, have listed the KANG token. This listing will likely expose the token to traders globally and allow traders to analyze the market trend and make investment decisions. KangaMoon prioritizes the community, with over 250M tokens mapped out for in-game rewards.&nbsp; 
This has triggered more inflow with over 32,000 community members. Some of the avenues to earn include the Kangameme contest, referral program, promoting the project on social media, etc. As a platform, KangaMoon is a fusion of GameFi and SocialFi structures. In essence, every challenge in the ecosystem is a chance to win rewards and prizes. Above all, KANG is one of the top altcoins to buy and HODL now for 100x gains.&nbsp; 
<h2 dir="ltr" id="span-polygon-price-span-span-set-for-a-rally-as-whales-accumulate-the-token-span">Polygon Price Set for a Rally As Whales Accumulate the Token</h2> 
Polygon is a layer 2 blockchain that uses a proof-of-stake mechanism to ensure faster transaction processing and cheaper transaction fees. The major attraction is its cheap transaction fees, which have drawn investors to the project. The number of whales holding the token has surged in the past week, a move that is translated as an upcoming bull run. These whales are holding over 77% of the total 10B circulating supply.&nbsp; 
The Polygon technical indicators also confirm signs of a bull run in sight, with the token trading above the 200-day and 50-day EMAs. The Polygon price has established support above the $0.70 mark. As such, Polygon could retest the $1.20 mark it tested in March very soon, making it one of the top altcoins to buy now.&nbsp;&nbsp; 
Meanwhile, the Polygon market activity is also impressive, signalling the dominance of the bulls. The Polygon trading volume is on the rise, with over $200M in daily trading activity. Some analysts think that one of the driving factors is how profitable Polygon transactions have been in the past weeks. Having gained over 5% in the past week, the majority of Polygon price predictions tip it to hit $1 in June.&nbsp; 
<h2 dir="ltr" id="span-gala-price-analysis-span-span-is-10x-rally-possible-after-latest-token-burn-span">Gala Price Analysis – Is 10x Rally Possible After Latest Token Burn</h2> 
After the latest hacking incident, which saw about $22M worth of cryptocurrencies stolen from the Gala blockchain, the ecosystem seems to be bouncing back. Gala announced on <a href="https://x.com/GoGalaGames/status/1792727587460104377" target="_blank" rel="noopener">Twitter </a>that the incident had been contained while also revealing that $20M in Ethereum was returned to the network.&nbsp; 
To deal with the latest incident, the organization burned 4.4 billion Gala Tokens found in the exploiter's wallet. According to the team, this was done to remove the wrongly minted GALA tokens. The recovered ETH was also used on Galaswap to buy back and burn close to another billion GALA tokens. Although the Gala price reacted negatively to the news, analysts believe the latest token burn will trigger a rally in the coming days.&nbsp; 
Latest data from CoinMarketCap shows that Gala trading volume and market cap is on the uptrend. Also, Gala is trading above the $0.042 support zone while targeting breaking through the $0.060 in the coming days. A successful breakthrough might see Gala price hit the $0.1 mark in June. This makes it one of the under $1 altcoins to watch out in the coming weeks.&nbsp; 
<h2 dir="ltr" id="span-jasmycoin-trading-volume-span-span-explodes-with-analysts-hinting-20x-rally-span">JasmyCoin Trading Volume Explodes With Analysts Hinting 20x Rally</h2> 
JasmyCoin is one of the top altcoins that has witnessed massive rallies in the past few weeks. The JasmyCoin project was designed to allow people full control over their personal data in a “data locker” and share the data with firms that are willing to pay for it. In essence, JasmyCoin is addressing issues of customer confidentiality. JASMY is the native token of the Japanese Internet of Things (IoT) provider, Jasmy Corporation.&nbsp; 
Known as the Japanese Bitcoin, JasmyCoin's price has skyrocketed by 38% in the past month, with an over 27% increase in the weekly price chart. Also, the JasmyCoin trading volume is booming, with the market cap rallying past $1.2B. Analysts attribute the ongoing rally to the token-breaking key resistance levels and a series of partnerships and ecosystem developments.&nbsp; 
A few days ago, the JasmyCoin price broke the $0.020 key resistance level, triggering a massive rally. At the current trajectory, analysts believe that the price will hit $0.050 in June. So far, the JasmyCoin market sentiment is bullish. Top crypto analysts like <a href="https://x.com/cyriptoman4/status/1795013364331979091" target="_blank" rel="noopener">Cyriptoman4</a> believe the price will hit $0.050 very soon.&nbsp; 
<h2 dir="ltr" id="span-vechain-market-analysis-span-span-bullish-trend-ahead-span">VeChain Market Analysis — Bullish Trend Ahead</h2> 
Vechain is one of the altcoins that witnessed massive rallies in Q1. From a price value of $0.029 in late January, VeChain's price surged to $0.05 in early March for the first time since 2022. Although the preceding bear market led to a decline, VeChain has remained resilient enough to make this altcoin list.&nbsp; 
In the past year, VeChain's price has gained over 80%. Zooming in, the token has gained slightly in the past week. The token's key market indicators, such as the VeChain trading volume, are in the uptrend, which could trigger massive rallies. A popular crypto analyst, <a href="https://x.com/CryptoYapper/status/1794713847997059371" target="_blank" rel="noopener">Crypto Yapper</a>, forecasts a VeChain breakout in the coming days. If that happens, the token price might reach $0.050 very soon.&nbsp; 
Meanwhile, the VeChain ecosystem is also entering into a series of partnerships. Recently, VeChain partnered with Shanghai's leading carbon management firm to drive low-carbon industry development. This move will see VeChain provide blockchain-based carbon management services on a global scale. Analysts believe the series of partnerships and whale activities will soon trigger more rallies for the token, making it one of the best altcoins to buy now.&nbsp; 
<h2 dir="ltr" id="span-conclusion-span">Conclusion</h2> 
With the altcoin season approaching, the above are some of the altcoins to buy now. With KangaMoon still in presale, now might be the best time to buy the token ahead of listing. Other top altcoins listed are also worth investing in for long term profit. Remember to DYOR before investing.&nbsp; 
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! 
Website:<a href="https://kangamoon.com/" target="_blank" rel="noopener"> https://Kangamoon.com/</a> 
Join Our Telegram Community:<a href="https://t.me/kangamoonofficial" target="_blank" rel="noopener"> https://t.me/Kangamoonofficial</a>
Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/turning-50-to-5000-5-under-1-altcoins-analysts-forecast-100x-returns-in-june-edition-tbt90512.html">https://thebittimes.com/turning-50-to-5000-5-under-1-altcoins-analysts-forecast-100x-returns-in-june-edition-tbt90512.html</a>

Turning $50 to $5000 — 5 Under $1 Altcoins Analysts Forecast 100x Returns in June Edition

Inhaltsverzeichnis

TheBitTimes

Weitere Artikel, die am 31. Mai 2024 veröffentlicht wurden

Terraform Labs CEO Do Kwon Settles with SEC; LUNA Price Soars

According to CoinGecko’s speed comparison, the fastest blockchain is…

Upbit Lists BEAM on Multiple Trading Pairs

Top Performing AI Altcoins This Week

Wisdomise Integrates Chainlink CCIP Across Arbitrum and Polygon Mainnets

Innocent Trump (INOTRUMP) Will Skyrocket 14,000% as KuCoin Listing Announced, While Shiba Inu and...

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!