Amid Bitcoin’s (BTC) breakout above $60,000, a full-blown bull run is just around the corner. The year’s final quarter promises the most exciting run and making the right crypto picks couldn’t be more crucial. The top three altcoins under $1 to bet on are Stellar (XLM), Cardano (ADA) and IntelMarkets (INTL).
These cryptocurrencies aren’t only budget-friendly but also teeming with potential. Let’s take a look.
IntelMarkets (INTL): A New DeFi Protocol
IntelMarkets (INTL) is a new ICO on investors’ radars. It takes a unique approach by combining AI technology with blockchain and DeFi, which is a shift from the norms. Moreover, as an emerging cryptocurrency, its potential is significant, making it a top pick ahead of established players like Stellar (XLM) and Cardano (ADA).
In the second stage of the presale, it is ridiculously undervalued at $0.018. With a projected 75x upswing after listing, it is among the new DeFi projects to watch. Meanwhile, mere participation in the presale promises almost 10x in gains.
Unlike conventional trading platforms, it will be AI-powered. This offers users unparalleled computing power. It further stands out thanks to its robust team—experts from OpenAI, MIT and Renaissance Technologies—diverse asset pairs and 1,000x leverage on capital.
Stellar (XLM): Plenty of Room to Run
Stellar (XLM) is a top-30 cryptocurrency and perhaps one of the most undervalued altcoins. The Stellar crypto exchange hands at $0.1, 90% below its all-time high of $0.9. Like most altcoins, it registered an annual peak price of $0.15 during the March high.
While there has been a notable decline in the Stellar price—a 19% downturn on the yearly charts—its Q4 outlook remains promising. As a full-blown bull run approaches, the Stellar crypto is one of the altcoins to watch out for.
Its run is expected to be significant—a good crypto to buy at the current price. According to forecasts, Stellar (XLM) might hit $1 at the peak of this bull market.
Cardano (ADA): Sights Set on $2
Cardano (ADA) is a leading DeFi protocol and a top-15 cryptocurrency. On the yearly charts, the Cardano price is up 33%—a lead it hopes to extend heading into the next bull run.
According to forecasts, the bull run will fall between Q4 2024 and the first quarter of the next year. During this period, a Cardano price prediction likely to play out is a rally above $2. It is one of the best bets at the current price of $0.3.
Expected to contribute to its ascent are growing DeFi adoption and institutional interest. Gearing up to outclass top Layer-1s, especially with the recent Chang hard fork, ADA is a promising wave to take advantage of.
Conclusion
As the bull run approaches, the three altcoins under $1 to watch out for are Stellar (XLM), Cardano (ADA) and IntelMarkets (INTL). XLM is tipped to hit $1 at the peak of this bull market, while analysts project $2 for ADA. Meanwhile, INTL, an emerging cryptocurrency, is set to go on price discoveries—a projected 75x jump post-launch.
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