#AltcoinBreakout
A breakthrough is happening in altcoins, and several coins are poised for significant gains. Here are some leading coins:
Main altcoins to watch
- *Theta Network (THETA)*: Analyst Michael van de Poppe believes that THETA is undervalued despite its strong fundamentals, with a potential breakout of 280% from current levels.
- *Polkadot (DOT)*: Analyst João Wiedson believes that DOT is in the final stage of accumulation and may breakout soon, with a potential move exceeding $10.
- *Toncoin (TON)*: TON has broken a triangle pattern that lasted for 154 days, and analysts predict a strong recovery in the second half of the year.
- *Stellar (XLM)*: XLM rose by 60% last week, surpassing major altcoins like Ethereum and XRP, with analysts expecting higher targets.
- *XRP*: XRP has made new highs above $3.5, with a 105% increase in trading volume, and analysts predict a recovery to $6 if the price maintains key support.
Market Trends
The market capitalization of altcoins has grown significantly, increasing by 34.8% to $1.2 trillion. Bitcoin's dominance has decreased, and capital is flowing into alternative digital currencies. Analysts confirm the beginning of the altcoin season, with the potential for further growth [8].