3 Undervalued Altcoins to Watch: Arbitrum, Theta Network, and JasmyCoin

Three altcoins, Arbitrum (ARB), Theta Network (THETA), and JasmyCoin (JASMY), are poised for a sharp price surge according to their charts. Arbitrum is oversold and could rebound with renewed Layer-2 interest. Theta Network has held support and may breakout above key resistance soon. JasmyCoin is sitting on a springboard and could rally on data privacy demand and partnerships. Buying these tokens now could catch a potential breakout early and lead to solid gains.

Three altcoins, Arbitrum (ARB), Theta Network (THETA), and JasmyCoin (JASMY), are showing signs of significant price surges according to their respective charts. Each token presents unique opportunities and challenges that investors should consider.

Arbitrum (ARB)

Arbitrum (ARB) is a Layer-2 scaling solution for Ethereum, enabling faster and cheaper transactions. According to recent data, Arbitrum's revenue surged by 23% to $1.43 million last week, driven by real-world asset (RWA) integrations and decentralized exchanges (DEXs) [2]. The tokenized RWAs on Arbitrum have reached an all-time high of $300 million, with projections to reach $1 billion by year-end [2]. Despite the recent volatility, Arbitrum continues to be a top contender in the Layer-2 ecosystem. The token is currently trading at about $0.34, down 53% year-to-date, but analysts predict a potential rise to $0.69 by the end of the year [1].

Theta Network (THETA)

Theta Network (THETA) has shown resilience by holding key support levels. The token has been trading within a range between $2.00 and $2.50 for the past few months. Analysts suggest that Theta Network could break out above key resistance levels soon, driven by its focus on data privacy and decentralized video streaming [3]. Theta's recent partnerships and advancements in technology position it as a strong contender in the decentralized video streaming market.

JasmyCoin (JASMY)

JasmyCoin (JASMY) is a privacy-focused cryptocurrency that has gained attention due to its data privacy features and partnerships. The token is currently trading at $0.06, down 15% year-to-date. However, JasmyCoin is sitting on a potential springboard for a price rally, driven by growing demand for data privacy solutions and strategic partnerships [3]. The token's ability to provide privacy and security features could lead to significant gains in the coming months.

Conclusion

While all three tokens show promise, investors should conduct thorough research and consider their risk tolerance before making any investment decisions. Arbitrum's Layer-2 technology, Theta Network's focus on data privacy, and JasmyCoin's privacy features present unique opportunities for growth. However, each token faces its own set of challenges and risks.

References

[1] https://www.ainvest.com/news/altcoins-surge-1-23-trillion-39-crypto-market-led-ethereum-arbitrum-chainlink-web3-ai-2506/
[2] https://beincrypto.com/arbitrum-revenue-growth-rwa-defi/
[3] https://en.coinotag.com/xrp-reclaims-2-support-amid-volatility-suggesting-potential-for-further-movement/