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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