While Bitcoin’s dominance has been steadily growing with each new ATH, the latest being above $108k, analysts believe altcoins will have their say soon. Based on their analysis, two top altcoins that could outperform BTC with rallies of more than 500% are Tron (TRX) and Avalanche (AVAX).
Evan Luthra has predicted that TRX could finally rally above $1 while AVAX could pump as high as $300, making it a top crypto to buy. However, the hidden gem of this altseason is Remittix (RTX), a cross-border altcoin that could replicate XRP’s insane 30,000%+ rally.
Biggest Update in Avalanche (AVAX) History to Drive Price Above $300
Over the last few weeks, AVAX has been making waves in the crypto market with its new Avalanche9000 (ETNA) update. It is the biggest update in the history of the Avalanche network. Moreover, the team behind the project has also raised $250 million from top investors for its launch.
The update also comes with $40 million in grants for teams looking to build on the network. The major changes Avalanche crypto users are looking forward to are the lowered fees, interchain connectivity, and reinventing subnets. The update is expected to take the Avalanche (AVAX) network to a new level.
As it does, analysts like SantinoCripto are hyped about where AVAX can go. According to SantinoCripto, the 3-5th bullish wave could take the Avalanche coin price as high as $350 in 2025. According to CoinMarketCap, AVAX is priced just under $50, meaning that it has a potential of more than 7x.
Tron (TRX) Ready to Skyrocket Above $1
Tron is one of the oldest and biggest cryptos in the market. Still, the $1 mark is a milestone it has never hit. From a launch price of $0.0011, the Tron crypto hit an all-time high of $0.4350 on December 4. The recent price pump was backed by a spike in blockchain activity and surging stablecoin volumes.
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However, CoinMarketCap’s data shows that it has since declined the $0.26 and $0.300 range on the weekly timeframe. However, Evan Luthra, in an analysis, Evan Luthra said that Tron coin is re-testing its recent bullish breakout. That means TRX could record one of the biggest price increases over the next few weeks.
According to the Tron price chart shared by Luthra, by 2025, the altcoin price could rally above $1. That would be the first time in history TRX will cross that milestone. GEM HUNTER shares the same sentiment, tweeting, “$TRX to 1$ like it or not.”
Remittix (RTX) to Repeat XRP’s 2017 Price Pump
In 2017, XRP recorded one of the most iconic rallies when its price rose more than 30,000%. Analysts believe Remittix (RTX) could repeat this performance because it is in the cross-border market like Ripple. However, it is launching with innovative features that could change the $150 trillion market.
Remittix is building the perfect bridge between cryptos and the global cross-border payments market. The platform will break the average consumer free from their limited conventional fiat systems. It will allow them to freely interact with crypto assets and convert them to 30+ fiat currencies. The platform also allows them to instantly send this fiat to bank accounts from all over the world.
All this is available at a flat charge and no extra transaction fees on FX or wire transfers. By supporting seamless interaction with crypto, Remittix wants businesses and individuals to embrace the rise of crypto.
This DeFi project seeks to bridge the gap between TradeFi and DeFi. Besides, the ultimate goal is to make crypto payments easy for its users with these features. Due to this, many DeFi market experts believe Remittix will skyrocket to over $1 from its current price of $0.015. That makes it a great cryptocurrency to buy now.
Conclusion
The altseason will cut Bitcoin’s growing dominance, with the likes of TRX and Avalanche set to rally by more than 5x over the next few months. Notably, the altcoin every savvy investor has their eyes on is Remittix, as a repeat of XRP’s historic rally puts it in the spotlight.
