Join our Telegram channel to stay up to date with the latest news
The altcoin market appears to be poised for a significant rise, indicating the potential start of a new altcoin season. After experiencing a period of underperformance, recent indicators suggest a possible resurgence of these alternative cryptocurrencies. A key metric to note is the Altcoin Season Index, which recently hit its lowest level since early September. This decline may signal a change in market dynamics, prompting traders and investors to reevaluate their strategies.
Additionally, growing interest in themes related to AI and meme-based tokens has contributed to renewed optimism in the altcoin sector. As a result, many investors are actively seeking best crypto to buy now which could offer substantial returns in the near future.
Best Crypto to Buy Now
Recent price trends for Dogecoin indicate a possible significant increase. Analysts estimate that if Dogecoin hits the $0.2 mark, it could rise by up to 300%, potentially reaching $0.6. In another development, Chainlink has partnered with DigiFT to improve tokenization of real-world assets (RWA). Additionally, PEPU saw a rapid increase in interest, raising $1 million in a single day.
1. Stellar (XLM)
Stellar is a decentralized peer-to-peer network aimed at connecting financial systems globally. It allows banks, payment providers and individuals to send, receive and exchange digital assets at low cost, providing a fast and reliable platform for financial transactions.
Currently, the XLM token price is at $0.09656, with a 24-hour trading volume of $65.40 million and a market capitalization of around $2.86 billion. Additionally, XLM price increased by 1.86% in the last 24 hours and recorded a weekly gain of 0.57%.
The token saw a slight decline of 0.53% in September, but could see a reversal this month. Projections estimate a trading range for October between $0.096255 and $0.167839.
Furthermore, the token could reach an average price of $0.14493, representing an increase of 49.6% from the previous month if the favorable trends continue. The relative strength index (RSI) for XLM is at 44.53, indicating neutral momentum, and the token has posted 16 positive days over the past month, suggesting some stability.
Recent partnerships, such as those with Mastercard and Franklin Templeton, are important to Stellar’s development and could increase usage within its ecosystem, which could support prices above $0.10. Analysts currently predict that Stellar could rise by 57.94% to around $0.152027 by November, considering its technical indicators and potential growth.
2. Dogecoin (DOGE)
Dogecoin (DOGE) has demonstrated stability by maintaining strong support levels even amid changes in the market. This stability appears to come from the active support of the Dogecoin community and its gradual adoption across various sectors as a digital asset.
Recently, Dogecoin’s price movements suggest significant upside potential, with some analysts estimating an upside of up to 300% if it hits the $0.2 level, potentially progressing towards $0.6. Current trading trends indicate bullish sentiment, with DOGE consistently holding above its 200-day simple moving average, which traditionally signals possible sustained growth.
Additionally, over the past 30 days, Dogecoin has seen 18 green days, accounting for 60% of the period, which may indicate increased buyer interest. Currently, Dogecoin is trading at $0.1388, showing a weekly gain of 3.67% and a monthly increase of 26.71%. This performance highlights its liquidity and tendency for notable price fluctuations, making it the best crypto to buy now.
Additionally, Dogecoin’s price outlook could benefit from wider adoption, especially if the use of cryptocurrencies becomes more common. The future value of the asset will depend on factors such as increased industry support and growing adoption within popular culture.
3. Pepe Unchained (PEPU)
Pepe unleashed has attracted considerable attention from investors, particularly those in the Pepe coin community, who are looking to diversify. Its decentralized structure and community approach have attracted the interest of investors. This project is positioned as a promising addition to the coin industry, with its appeal relying largely on community growth and technical innovation.
22 million dollars!!!
Wait until you see what’s coming 😉 pic.twitter.com/4Wuhy2bfyL
– Pepe Unchained (@pepe_unchained) October 23, 2024
The project’s pre-sale performance offers insight into its traction. Initially, the presale brought in around $1 million per week, reflecting continued investor engagement. At the same time, the movement accelerated significantly, raising $1 million in a single day. To date, Pepe Unchained has raised more than $22 million, demonstrating investors’ growing confidence in its potential.
Additionally, the presale priced the PEPU token at $0.01178, and interested investors could participate using multiple payment methods, including cryptocurrencies like ETH, USDT, and BNB, as well as traditional credit and debit cards. The project’s objectives include making commerce more efficient, with an emphasis on speed and cost-effectiveness.
The Layer-2 network offered by Pepe Unchained could appeal to users who want lower fees and faster transactions compared to the Ethereum network. By attracting developers from the start, the project seeks to foster a vibrant ecosystem that can increase the utility and adoption of PEPU over time. As PEPU is progressing, its infrastructure and community initiatives can position it as a distinct player in the coin industry.
Visit the Pepe Unchained presale
4. Chain link (LINK)
Chainlink recently partnered with DigiFT to support tokenization of real-world assets (RWA) for institutional users. DigiFT implements Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to make its money market fund tokens accessible across multiple blockchains.
With CCIP, DigiFT seeks to expand access to its tokens and enable transfers across different blockchain networks. Additionally, DigiFT will use Chainlink’s Proof of Reserve (PoR) feature to verify that its reserves back each money market fund token before new tokens are issued.
.@DigiFTTech And #Chain link collaborate to power institutional-level RWA tokenization.
DigiFT is adopting CCIP for money market fund tokens on its platform and will leverage proof of reserve to help verify reserves and enable secure minting. #RoadToSmartCon pic.twitter.com/MPsxLolxLH
– Chainlink (@chainlink) October 25, 2024
This automated verification adds an additional layer of transparency, as it continuously checks the reserve balance supporting the tokens, which can help DigiFT ensure compliance and security of its operations. Through these tools, Chainlink and DigiFT strive to facilitate institutional engagement with blockchain and tokenization technology.
This partnership comes at a time of increased interest in Chainlink’s token, LINK, which is currently valued at $11.87, marking an intraday increase of 3.92% and a weekly gain of 4.36%. Although LINK’s price prediction sentiment remains neutral, the token’s Fear and Greed Index reads 72, indicating “Greedy.” Additionally, LINK also maintains high liquidity relative to its market capitalization.
5. Rocket (FLR)
Flare is a blockchain network focused on data integration across various ecosystems. Recently, it introduced Blockchain Machine Images, a tool designed to streamline blockchain node deployment for developers. By offering this service through the Google Cloud Marketplace, Flare aims to simplify node setup, making it more accessible and reducing costs associated with running decentralized applications, blockchain networks and data feeds .
This service supports major blockchain networks such as Bitcoin (BTC), Ethereum (ETH), and Avalanche (AVAX). Currently, the FLR token price is at $0.01419, reflecting a slight decline of 0.19% over the past 24 hours. With a 14-day relative strength index (RSI) of 50.48, FLR is trending neutral, suggesting limited directional movement in the near term.
Presentation of images of Flare’s Blockchain machine on @GoogleCloud Marketplace – enabling rapid deployment of full nodes on 20+ networks, including Bitcoin and Ethereum, with plans to add more.
A scalable and reliable solution designed for developers. pic.twitter.com/0RpNZg20ZX
– Flare ☀️ (@FlareNetworks) October 25, 2024
Additionally, the cryptocurrency has a low 30-day volatility of 4%, indicating minimal fluctuations recently. Over the past year, the price of FLR has increased by 50%, although it saw a decline of 5.28% in the last month.
The October forecast suggests that FLR price could recover, with an expected range between $0.014194 and $0.048301 and an average monthly price of $0.028722, which would reflect a 90.45% rise. compared to last month’s average. This potential increase indicates possible change, although overall market direction will likely impact actual results.
Learn more
Most Wanted Crypto Launch – Pepe Unchained
- Layer 2 Coin Ecosystem
- Featured in Cointelegraph
- SolidProof and Coinsult audited
- Faceoff Rewards – pepeunchained.com
- Over $10M Raised at ICO – Ending Soon
Join our Telegram channel to stay up to date with the latest news