Analysis

These Five Under-the-Radar Altcoins Seeing ‘Historic’ Opportunities To Go Up, Says Analytics Firm Santiment

Five altcoins may witness “historic opportunities to rise,” according to the crypto analytics firm Santiment.

Santiment says altcoins are showing “mild signs of life,” with several under-the-radar crypto assets in or nearing an underbought opportunity zone.

The first is DODO, the native token of the on-chain liquidity hub of the same name. DODO is trading for $0.106 at time of writing. The 309th-ranked crypto asset by market cap is down more than 4% in the past 24 hours.

The analytics firm also highlights MASK, the Ethereum (ETH)-based governance token of the Mask decentralized autonomous organization (DAO). The Mask Network is a decentralized portal that allows users access to blockchain features on top of existing social networks.

MASK is trading at $2.59 at time of writing. The 146th-ranked crypto asset by market cap is down 0.19% in the past day.

 

Third on the list is the native currency of the decentralized gaming ecosystem Treasure (MAGIC).

MAGIC is trading at $0.501 at time of writing. The 206th-ranked crypto asset by market cap is down nearly 2% in the past 24 hours.

Fourth is GALA, the native token of the play-to-earn gaming ecosystem of the same name. The 86th-ranked crypto asset by market cap is trading around $0.0158 at time of writing and is down nearly 2% in the past day.

And highest in Santiment’s opportunity zone chart is the native token of the decentralized derivatives exchange Serum (SRM).

The 801st-ranked crypto asset by market cap is trading around $0.0335 at time of writing and is down more than 3% in the past 24 hours.

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