The total crypto market capitalization has fallen by 7% in just two days, now standing at $2.43 Trillion. This drop signals a bearish start to the week, which may lead to a decline in altcoins. The largest cryptocurrency, Bitcoin, has seen its price fall from $71,300 to $66,500, setting a negative tone for other altcoins.

Due to this market crash, investors are now looking at altcoins that may perform well in the near future. Below is a list of five top altcoins to consider buying during this market dip.

Fantom (FTM)

Fantom, a popular DeFi token, has experienced a decline over the past few weeks, failing to stay above the $1 mark. After dropping to $0.90 due to a broad market sell-off, the altcoin is currently undergoing a pullback. An opportunity may arise to buy in as the price could potentially reach $1.73 if the uptrend continues.

Near Protocol (NEAR)

NEAR token has seen a setback in its price trend, dropping by 24% from $8.41 and currently trading at $6.28. If the price surpasses $8.43, there may be a bullish reversal, supported by a rounding bottom trend.

Avalanche (AVAX)

Avalanche has experienced a correction over the past few weeks, signaling a potential bullish reversal. With a current discount in price, it could present a buying opportunity before a potential price increase up to $100.

Theta Network (THETA)

THETA price chart suggests a possible long-term trend reversal, with a chance to hit $5.28 if the golden crossover occurs at the 38.20% Fibonacci level.

Gala Games (GALA)

GALA coin, linked to Metaverse/Gaming with a low market cap, shows potential for growth. An entry opportunity may be present for sideline traders, as the price could potentially reach $0.18.

Conclusion

The current correction in the market presents an opportunity to invest in altcoins, with the potential of a rally supported by the upcoming Bitcoin Halving. The coins mentioned above have strong use cases that could contribute to their uptrend.