Top 5 High Conviction Discounted Altcoins

So, we all know Bitcoin’s been getting the spotlight lately, right? But guess what? The real excitement might be just around the corner with altcoins! 

Bitcoin’s been having its moment. It reached a new all-time high a few months ago thanks to Bitcoin ETFs. But altcoins are sitting there, just waiting to start their rally. That means there are some incredible deals out there right now. In today’s video, we’re talking about 5 solid altcoins that you can scoop up at a massive discount. These altcoins have huge growth potential, and you don’t want to miss out before the alt season kicks in. Stay tuned to find out more!”

1) Arbitrum (ARB)

First up on our list is Arbitrum, an Ethereum scaling solution that’s making waves. If you’re into DeFi or Ethereum-based projects, you’ll love this one! So, what makes Arbitrum special? It’s a layer 2 scaling solution for Ethereum. It uses optimistic rollups to create a high-speed, low-cost environment for all your DeFi needs. This means quicker transactions and lower fees, which is a win-win! Plus, it’s super easy for developers. And users to migrate or integrate with Arbitrum. This is because it supports the existing Ethereum ecosystem and its tools.

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Right now, ARB is trading at $0.9634, which is a steal considering its potential. Sure, the project has had its ups and downs this year, but things are looking up! The recent approval of Ethereum ETFs is a huge plus. We could see a lot more liquidity flowing into projects like Arbitrum. It’s over 50% down from its all-time high, so you’re looking at a massive discount here. And if we’ve learned anything from Bitcoin ETFs, we know what kind of rally that can spark!

Arbitrum has been busy with many updates and expansions. The ALIENX Pool just went live on the network. It introduces the ALIENX Chain, which could boost its value. Plus, they’re leveraging AI technology to push blockchain usage even further. All these moves point to a potential major price uptrend for Arbitrum.

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So, if you’re looking for a solid altcoin with huge growth potential at a discount, Arbitrum is one to watch.

2) Tectum (TET)

Let’s talk about our second altcoin on our list today: Tectum! We’ve chatted about them a couple of times before, but they just keep getting more interesting.  So, what makes Tectum stand out? Well, they’re known for their high-speed, scalable blockchain tech that’s all about creating a smooth user experience. Their main goal is to solve real-world problems with lightning-fast transaction speeds and super-low fees.

Now, get this: Tectum Blockchain can process over 1 million transactions per second! Tectum does this by storing the hashes on-chain and the transactions at lower levels to make the chain lighter and faster.

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Let’s talk about SoftNote, Tectum’s flagship product. It’s a game-changer for scaling Bitcoin, allowing it to process many more transactions faster than you can on the Bitcoin blockchain. SoftNotes offers a unique approach to Bitcoin scaling, with some big advantages over the Lightning Network. 

They’re essentially a payment system that doesn’t track transactions. This means super-fast transaction times and very low fees—way better than your usual Bitcoin payment methods. Think of them like real bills, full of liquidity like cash. They come in BTC, ETH, and USDT denominations, making them a fantastic way to scale Bitcoin. And since they work off-chain, you can keep your transactions private if you want to.

There have been a ton of updates in the Tectum ecosystem lately, setting them up for some serious growth. They’ve even listed their $TET token on BingX, which is sure to boost their exposure and liquidity.

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TET currently trades at $12.47 which is a steal given it’s over 60% from its ATH of $45. Getting it now will be at a massive discount. Once the growth comes in, these numbers will shoot up.

3) Injective (INJ)

Let’s jump into our third altcoin for today: Injective. There’s been a lot of buzz around AI and Big Data crypto coins like INJ. And for good reason. The Injective’s price has been showing signs of a comeback. And that’s alongside a noticeable uptick in network activities.

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The increased network activity is good for business. Especially ahead of a potential bull run. Injective recently announced some major moves with their INJ omnichain domain. It makes it super easy for users to transact seamlessly between the Solana and Injective networks. They’ve racked up over 13,000 unique holders. And millions of on-chain transactions—pretty impressive, right?

Crypto whales are already noticing this project. The Injective Protocol also launched its own Layer-3 network within the Ethereum ecosystem. This is a big deal. Plus, they’re teaming up to develop the Injera Protocol and USDi. They plan to create a decentralized synthetic dollar token using Injective’s Web3 infrastructure.

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Right now, INJ is trading at a discount, over 50% off its all-time high. So, grabbing some INJ now could be a smart move before the price starts climbing again.

4) Manta Network (MANTA)

Manta Network kicked off 2024 with a bang, seeing massive growth. It had its presale in January. And the token’s price shot up to a record high of $3.84 on January 28th. 

Not only is Manta Network one of the top-performing altcoins, but it also offers developers fast transactions and low fees. This makes it a great platform for building and deploying Solidity-based dApps.

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Manta recently launched CeDeFi, which combines CeFi and DeFi. This platform enables users to maximize their yields. MANTA currently trades at $1.53. This is a huge distance from its ATH. But, the team has been putting in the work. And we won’t be surprised to see them hit a new ATH during the bull market. So, getting it now is a good bargain. 

5) Pyth

The Pyth Network is a Solana-based project. It acts as an oracle solution. So, it gathers and shares price data from sources like exchanges, trading platforms, and market makers.  Pyth has all it takes to challenge Chainlink. It is still under the radar and trading at a cheap price. So, now’s the best time to get in. 

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You can get some of these altcoins in this article on BYDFI. So, I’m going to leave our AB affiliate link in the description. You can get up to $2900 in bonuses for signing up and trading on BYDFi. 

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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