Cryptocurrency expert names digital tokens that are ready for large-scale growth

! Not financial advice — ed.

July was marked by relative tension in the cryptocurrency market. Industry experts were expecting a possible breakthrough of altcoins, and crypto investors were paying attention to unexpected digital assets in the hope of a bullish rally. Meanwhile, a crypto trading analyst known as Tolberti has identified five altcoins that are preparing for a major breakout in a post on TradingView.

Dogecoin (DOGE)

According to the analyst, the Dogecoin (DOGE) meme-coin is «experiencing a sideways price movement.» Although DOGE’s behavior is influenced by the overall market trajectory, it is largely dependent on the relationship with Tesla CEO Elon Musk. Usually, the token showed significant growth whenever the billionaire mentioned it in his tweets or talked about it.

At the time of writing, DOGE is trading at an average price of $ 0.071, a 0.53% drop over the day. The asset’s market capitalization amounted to $ 10 billion, and daily trading transactions amounted to $ 284.2 million.

IoTeX (IOTX)

IOTX is a cryptocurrency focused on the Internet of Things. Recently, the coin has faced unstable price dynamics. The token is currently trying to regain the $ 0.05 resistance zone, which will play a key role in its further breakout to the $ 0.1 level.

As of this moment, the asset is available for purchase at $ 0.019 with a market capitalization of $ 195.9 million, a drop of 1.97% over the day. The coin’s market capitalization amounted to $ 196 million, and traders made $ 2.7 million worth of daily deals.

Fetch.ai (FET)

FET is considered a pioneer in the integration of AI and blockchain, creating a decentralized digital economy where autonomous agents collaborate, share data, and use AI. The token price is influenced by the factors of scaling implementations and new partnerships.

CoinMarketCap’s analytical tracker shows that as of July 24, FET is available for purchase for $ 0.22, which is a 0.29% drop in the asset’s price. The coin’s market capitalization amounted to $ 255 million, and daily trading transactions exceeded $ 18 million.

Litecoin (LTC)

Litecoin (LTC) remains one of the leading cryptocurrencies on the market. Although the token has been affected by the crypto market downturn, the overall sentiment around the coin remains bullish.

As of this moment, the asset is trading at $ 92.36, which is 0.17% lower than yesterday. The total supply of coins on the market is $ 7.7 billion, and daily trading volumes reached $ 365.3 million.

Cosmos (ATOM)

Recently, ATOM has been showing bullish sentiment despite the general trend in the crypto market. Analysts are optimistic and assure that the token is ready to exceed $ 10.

Today, the virtual asset is trading at $ 9.21. The coin’s market capitalization has reached $ 3.19 billion. Daily trading volumes exceeded $ 57 million.