If we compare the market with April 2021 in this year with July, then we can see the market is almost 70%-80% down. This situation has created a panic environment among beginner traders. The novice traders are selling their cryptos for the fear of losing entire money. And this market fear is the strongest weapon of crypto whales. The more you sell more they buy in the dip.
In another word, we can say the money of small investors goes to crypto whales.
Anyway if you are a good investor and really want to make some profit from crypto, then this is the good time to buy some altcoins and hold your position till the next crypto bull run.
Here we have collected some altcoins for you in which you can invest your money and when the market will recover then you will see a huge profit. The all altcoins which we are going to list are very strong and they will start pumping at any time during a market correction.
List of 10 Profitable Crypto Altcoins to Buy In Dip
- ETH (Ethereum)
- XRP (Ripple)
- Polygon (Matic Network)
- ADA (Cardano)
- VET (VeChain)
- NCASH (Nucleus Vision)
- TRX (Tron)
- Doge (Dogecoin)
- FTM (Fantom)
- WRX (WazirX Token)
1. ETH (Ethereum): After Bitcoin Ethereum is the second strongest cryptocurrency in the world. The Market Rank of ETH is #2 according to Coinmarketcap. The price of Ethereum is almost half as compared to May 2021. This altcoin is the best choice to double your investment. The current price of ETH is $2,127.81.
2. XRP (Ripple): Ripple has broken many records in April and May month. In May XRP crossed the $1.80, which was an unbelievable pump. XRP’s market rank is #4352, but many blockchain platforms are running on XRP. So we consider it a strong altcoin to invest in it. At this time it is almost 70% down from the all-time high.
3. Polygon (Matic Network): Polygon (Matic) also known as Matic is another strong Altcoin for investment that provides support to the Ethereum network. Its price is almost 60% down from the all-time high. And according to market analysis reports it can go up to $5-$6 in the next few months.
4. ADA (Cardano): Cardano is an open-source project that also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent, and fair. Its market rank is #5. This coin is currently trading at $1.34 and its all-time high price was $2.3091, which is almost 45% down. This coin has the potential to reach $3-$4 in few months.
5. VET (VeChain): VeChain (VET) is a blockchain-powered supply chain platform. VeChain was begun in 2015 and launched in June 2016. It aims to use distributed governance and Internet of Things (IoT) technology to create an ecosystem that solves some of the major problems with supply chain management. VeChain is another coin that can pump in few months. The current price of VeChain is $0.07743.
6. NCASH (Nucleus Vision): Nucleus Vision (NCASH) was launched in 2014, Nucleus Vision also known as nCash, aims to bridge the divide between the online and offline retail world. Its market rank is #805. The current price of NCASH is almost 80% down as compared to May. This coin can give huge profit if it goes to its previous stage.
7. TRX (Tron): Tron is very famous for its fast processing and fewer network fees suitable for daily use. Many blockchain platforms are built on TRON technology. The market rank of Tron is #25. The current price of Tron is $0.0622. If you buy and hold this coin for few months you can see massive profit from it.
8. Doge (Dogecoin): Dogecoin is got more popularity after Elon Musk’s support. He is continuously posting tweets on her Twitter handle in the support of Doge. And this coin is good for investment in this dip.
9. FTM (Fantom): Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm. Fantom (FTM) is recently listed on the United States crypto exchange Gemini. Its current market rank is #100. It can give decent profit in few months.
10. WRX (WazirX Token): WRX is the official token of the famous crypto exchange WazirX. This token has seen huge price hikes in the month of April and May. Now the price of this token is $1.08. It has the potential to reach $8-$10 in the next few months. This coin is also good for investment in the crypto market.
These were the top 10 Altcoins selected by us which can give a huge return on your investment. This article is not crypto investment advice. To be successful in the crypto market you have to do your own research about the coin in which you are going to invest in. We have listed all the above coins with research from the current and previous market history of these coins. If you like this information please share it with your knowns.
If you have any doubt or suggestions you can ask in the comments below.
I am Pawan Kashyap currently living in Amritsar. I always try to grab new things from the cryptocurrency market. From my observations and trends in the market, I always try to provide the best and accurate information in the form of articles from this blog. Follow us on Facebook, Instagram, and Twitter to join us.