5 Best Altcoins to Invest in Now March 26 – IOTA, Injective, Fetch.ai

With the upcoming Bitcoin halving set to begin in 25 days, buying pressure is increasing as investors look to update their portfolios. This move reflects investors’ bullish optimism, prompting them to scrutinize promising signs with growth potential. On this note, attention is turning to Altcoins as investors look for different investment avenues.

However, choosing the appropriate altcoin requires thorough research and diligence. InsideBitcoins facilitates the process by highlighting several notable altcoins that deserve investors’ attention.

5 Best Altcoins to Invest in Right Now

Investors are increasingly focusing on tokens such as IOTA, Injective and Fetch.ai, viewing them as profitable investment prospects in anticipation of the upcoming altcoin season. This heightened interest boosts investor confidence, prompting them to actively review and refine their investment portfolios.

The pre-sale of eTukTuk exceeded $2.4 million and attracted investors with the aim of revolutionizing transportation systems in developing areas. In addition, Bitcoin rose 7%reclaiming the $70,000 mark to kick off the week.

1. Fetch.ai (FET)

Since the turn of the year, AI tokens have grown in adoption due to their increasing use cases and projects. In light of this, the AI ​​space has hosted advancement events such as the NVIDIA Artificial Intelligence Conference in San Jose, California. Several AI tokens, including Fetch.ai, known for its versatility, have benefited from this attention.

Furthermore, with the increased fanfare surrounding AI tokens, FET has moved northward on a YTD basis. In the last intraday session, Fetch.ai experienced a significant increase of 12.26%, trading at $2.83.

Furthermore, FET’s consistent upward trend has resulted in a 697% price surge over the past year. Due to this impressive performance, FET has outperformed 91% of the top 100 crypto-assets, including BTC and ETH. Similarly, Fetch.ai’s current trading position is 232.60% above its 200-day simple moving average, indicating sustained positive momentum.

Along trading lines, Fetch.ai’s performance remains robust, closing 17/30 days with green candlesticks. Moreover, it is trading near its cycle high of 2.93% and boasts high liquidity based on its market capitalization. On this note, market experts expect further growth for Fetch.ai. This prediction is mainly attributed to promising developments and the anticipation of an impending bull run in the crypto market.

Yesterday the https://t.co/kJ9URVpOul team had a great time at the @EconomistEvents Business Innovation Summit #EconBIS.

We want to thank everyone who came and showed interest or listened to the AI ​​Agent focused panel our CEO & Founder @HMsheikh4 participated in 👋 pic.twitter.com/lmHULE4NXX

— Fetch.ai (@Fetch_ai) March 22, 2024

Predictions suggest that Fetch.ai may surpass $4 and reach $4.14 by 2024. These forecasts reflect the growing confidence in the company’s trajectory. Therefore, investors are watching the project closely to see how it unfolds.

2. Injectable (INJ)

Despite its early stage in the blockchain domain, Iinjective has received considerable attention. The project has attracted numerous DeFi initiatives to improve its ecosystem’s underlying infrastructure. Moreover, the project DeFi space is rapidly expanding, with recent successful funding rounds highlighting its importance.

Furthermore, the project started new collaborations with Noble and Clusters. Injective’s partnership with Noble means it gets direct access to the USDC issued on the platform. As a result, users can now access native USDC via various dApps across the ecosystem, including HelixApp. Additionally, the official integration of Injective and Clustersxyz enables a unified identity across Ethereum, Injective and Solana.

These partnerships generated buzz around the INJ token, leading to a 9.33% increase in value. Injective is currently trading at $40.35, with a 24-hour trading volume of $700.75 million. Meanwhile, sentiment analysis points to a bullish outlook, suggesting that the upward trend will continue. As a result, the Greed score increased to 81, indicating increased buying pressure.

Due to the recent integration with @noble_xyz, Injective gets direct access to USDC issued on the platform ⚡️

Users can access native USDC via a number of dApps across the ecosystem, such as @HelixApp_.

Details 👇https://t.co/IP1Tut5MwU

— Injective 🥷 (@injective) March 25, 2024

Similarly, Injective is trading 266.48% above the 200-day simple moving average. It is showing positive performance compared to its token sale price and is trading near its cycle high. Additionally, it ranks 4th in the AI ​​crypto sector, and boasts high liquidity based on its market cap.

3. THORChain (RUNES)

The recent rally in the crypto market has propelled THORChain to its all-time high. Despite a brief dip below the $11 mark, THORChain quickly recovered before returning to the $7.63 price. Nevertheless, RUNE’s 594% over the past year, coupled with a remarkable performance in 2024, positions it as one of the crypto market’s top gainers.

THORChain is trading at $9.64, representing an intraday increase of 11.95%. Additionally, THORChain’s market sentiment is bullish, as a fear/greed score of 81 shows increased token transactions. Additionally, THORChain has outperformed 87% of the top 100 crypto assets over the past year, outperforming Bitcoin and Ethereum.

Trading above the 200-day simple moving average, THORChain boasts positive performance compared to its token sale price. This performance indicates a positive ROI in USD, BTC and ETH. Despite a noticeable drop of 22.84% on its weekly chart, ranging between $7.3 and $11.4, THORChain holds strong potential for further gains. On this note, experts are predicting that it could cross the $11 threshold to retest its high of $19.

THORChain continues to demonstrate sustainability.

In the last 2 years from ~10% to ~40% of revenue from liquidity fees.

Eventually it will be ~100%. pic.twitter.com/zbyDgpZf6V

— THORChain (@THORChain) March 26, 2024

With a market capitalization of $2 billion, THORChain is currently ranked 47th among the leading cryptocurrencies. Based on its market capitalization, the coin showed high liquidity. In addition, there were 17 green days in the last 30 days (57%).

Despite its recent gains, THORChain has experienced fluctuations. However, its resilience and positive performance metrics indicate significant potential for future growth. Investors and enthusiasts are closely watching THORChain as it continues to make significant moves in the crypto market.

4. IOTA (IOTA)

Bloom and Transak have partnered to create a secure wallet hub, simplifying token and NFT trading. The goal is to act as a portal for discovering new decentralized applications (dApps) and optimizing DeFi investments. Through this integration, investors can buy IOTA directly from Bloom’s user-friendly wallet, which is accessible on Linux, Mac and Windows platforms.

News of this collaboration caused a spike in IOTA’s price. The token is trading at $0.367530 after a 12.56% increase over the last 24 hours. Additionally, its price has risen 79% over the past year and has consistently traded above the 200-day simple moving average.

🙌 Exciting news: our #EVM L2 has successfully passed the thorough audit by @zokyo_io. One of the last (and most important) steps to prepare the #IOTAEVM launch! Read it in full⤵️#IOTA https://t.co/knjml1m9ui

— IOTA (@iota) March 26, 2024

Analyzing its recent performance, IOTA has experienced 20 consecutive gains, with 67% of the past 30 days closing higher than opening prices. Its high liquidity, which is reflected in its market capitalization, indicates a favorable trading environment. Market sentiment towards IOTA remains bullish, as evidenced by a Fear & Greed Index rating of 81, indicating extreme greed among investors. This sentiment aligns with further upward movement in IOTA’s price forecast.

5. eTukTuk (TUK)

eTukTuk’s pre-sales passed the $2.4 million mark, with investors attracted by its goal of transforming transportation systems in developing regions. Using blockchain technology, eTukTuk is dedicated to improving sustainability within urban transport networks. By integrating AI-driven optimization, the project aims to streamline routes, ease traffic congestion and limit fuel consumption.

We hit a major milestone and raised $2M in our presale!

Thank you to our incredible community for your support.

Rest assured, these funds will fuel our mission for a sustainable future 🚀https://t.co/4kiTWB8U8Z

— eTukTuk (@eTukTukio) March 20, 2024

Furthermore, the eTukTuk pre-sale is progressing in stage, with the price of its native token, TUK, increasing incrementally as additional funds are secured. With a hard goal set at $10.7 million, the project is steadfast in its pursuit of diverse goals. Currently valued at $0.029, TUK tokens are readily accessible for purchase using BNB, USDT or credit/debit cards.

In addition, investors also have the opportunity to stake their tokens, potentially yielding up to 105% APY returns. More than 47 million TUK tokens have already been put into play, with presale participants receiving 6% of the total 2 billion TUK token supply. After the pre-sale phase, eTukTuk aims to list TUK on leading exchanges, thereby improving liquidity and accessibility for investors.

Visit eTukTuk Presale

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