- Santiment analytics has highlighted 5 altcoins that are flying under the radar and with a historic 100 times growth potential.
- These coins show mild signs of life, offering investors a unique life-changing opportunity to buy now and make massive profits.
Santiment Analytics, a platform dedicated to analyzing crypto markets and finding data-driven opportunities to optimize investment has highlighted five altcoins that show great promise. The analytics platform notes that the altcoins pose a great investment opportunity for investors. The five coins are seeing “historic opportunities to rise,” according to the firm.
Although it says that all altcoins are showing signs of life, the coins singled out are DODO, GALA, MAGIC, MASK, and SRM.
🫣 #Altcoins have shown some mild signs of life thus far this week, but certainly not enough to make up for big trader losses that have accumulated since June. With that said, many are seeing historic opportunities to rise, such as $DODO, $GALA, $MAGIC, $MASK, and $SRM. pic.twitter.com/pXw43vCRmt
— Santiment (@santimentfeed) September 6, 2023
DODO: This is the native currency of a decentralized finance (DeFi) protocol going by the same name. Launched in 2020, the project has backing from market leaders led by Pantera Capital, Binance Labs, and Three Arrows Capital.
At the time of press, DODO is exchanging for $0.1065 after a less than 1 percent drop in the last 24 hours. This altcoin reached its all-time high 2 years ago when it topped $8, it has since lost 98 percent of its value. For investors, it offers little risk and massive profit potential.
GALA: Gala is a utility token for Gala Games which was launched to bring back value to players with the help of Web3 and blockchain technology. The project has become a favorite for gamers who appreciate its radical approach to traditional gaming that forces players to spend to keep playing. Gala Games introduces more control, freedom, and rewards for players. Founded in 2019 by gamers, blockchain experts, and crypto pioneers, the project now boasts nearly 400 people around the world working on its development.
At the time of press, GALA is exchanging for $0.01598019 after a marginal change in the last 24 hours. The token has lost nearly 98 percent of its value after reaching its all-time high of $0.824837 two years ago.
MAGIC: MAGIC is the native currency of the decentralized gaming ecosystem Treasure. Treasure is a decentralized video game console that brings games together with the ever-growing community.
MAGIC has in the last 24 hours added less than 1 percent to its value to trade for $0.502714 at the time of press. The coin reached its all-time high almost a year ago to reach $6.32. It has lost nearly 93 percent of its value since then.
MASK: MASK is the native currency for the Mask decentralized autonomous organization (DAO) which offers privacy and other benefits from Web3 to social media accounts. As more users seek privacy and other perks built on blockchain, the project is quickly gaining recognition.
At the time of press, MASK is exchanging for $2.60, nearly 93 percent below its all-time high of $41.45 reached two years ago.
SRM: SRM is the native currency of Serum, a decentralized exchange (DEX) and ecosystem offering fast transactions and low fees to decentralized finance (DeFi).
SRM is the top performer of the five altcoins, clocking gains of nearly 3 percent in the last 24 hours. Exchanging for $0.03596, the token has lost around 99 percent of its value since topping $13 two years ago.
