Is Trump’s Presidency Bullish for Crypto? Three Altcoins Under $1 to Invest in: Polygon (POL), Cardano (ADA) and DTX Exchange (DTX)
DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold's editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your...
DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold's editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please click here.
US presidential candidate Donald Trump has shown more support for crypto than the other candidates combined. With an NFT collection and several crypto holdings to his name, a Trump presidency is believed to be bullish for crypto. With prices set to skyrocket if he emerges as the winner, three altcoins under $1 to bet on are Polygon (POL), Cardano (ADA) and DTX Exchange (DTX).
These cryptocurrencies are both budget-friendly and promising, making them top picks ahead of a full-blown bull market. POL and ADA will likely create new peaks, while as an emerging altcoin at the intersection of DEX and CEX, INTL is poised to explode after its debut.
DTX Exchange (DTX): A New Altcoin to Bet On
DTX Exchange (DTX), an emerging cryptocurrency, kicks off this list as a must-have coin. Its appeal spans innovative use cases and significant upside potential, making it a new investor favorite. In the third round of the ICO, more than $2.5 million has been raised, a testament to rising investor confidence and optimism.
Concerning its unique offering, it is a trading platform that combines the best elements of centralized and decentralized exchanges. This gives it a competitive edge above most established and conventional platforms—a strong contender in the $10 billion global trading market.
With adoption imminent, not to mention its heavily discounted price, it is arguably one of the best new cryptos to invest in. A token costs just $0.06, cheaper than Polygon (POL) and Cardano (ADA) and with more upside potential as a low-cap gem. Insiders believe this might be the next big thing, making it a wave worth surfing.
Polygon (POL): Set to Go on Price Discovery
Polygon (POL), formerly MATIC, is an Ethereum Layer-2 scaling solution. The POL token upgrade has begun—a next-generation token that can power a vast ecosystem of ZK-based L2 chains. It hit $0.57 in late August after the announcement of this upgrade, although it has plummeted by 10% on the monthly charts.
The Polygon crypto trades at $0.37, boasting significant upside potential. With plenty of room for growth, as it aims to reclaim its all-time high and go on price discovery, it is one of the altcoins to watch out for.
A bullish catalyst is undoubtedly Trump’s presidency. Given its solid fundamentals as an L2 scaling solution and significant growth prospects, the Polygon token is a compelling altcoin to hold ahead of the next bull run.
Cardano (ADA): Tipped to Rally Past $1
Cardano (ADA), an L1 token and a smart contract platform, is an undervalued coin to consider this year. As a Layer-1 blockchain, it facilitates the creation of decentralized applications, boasting solid fundamentals. The recent Chang hard fork introduced on-chain governance to the network, adding to its appeal.
The Cardano crypto has been on a roll this week, registering significant upticks. It increased by 4% on the daily charts, extending to the weekly charts: a 10% jump. This upswing is reflective of rising investor sentiment and confidence—perhaps the start of a big leap.
According to a Cardano price prediction, it is poised to hit $1 before the year’s end. Meanwhile, at the current price of $0.35, it is not only promising; it is also budget-friendly.
Conclusion
The crypto market is set for a parabolic run in the final quarter, with Trump’s presidency a catalyst, but not necessarily. Top and cheap coins like Polygon (POL) and Cardano (ADA) will register substantial upticks, while DTX Exchange, a new altcoin, is primed to explode. For more gains, we suggest checking out the DTX presale.
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