6 Best Altcoins to Invest in Now March 18 – Toncoin, ORDI, Mask Network

The market’s positive outlook has led to a marked increase in investor confidence. This surge indicates investors’ eagerness to explore various promising signs with potential growth, with expectations of bullish trends. As a result, Altcoins have become increasingly attractive to investors looking for diverse investment opportunities.

However, choosing the most suitable altcoin requires careful attention and extensive research. This article aims to simplify the decision-making process by highlighting several notable altcoins worthy of consideration for investment.

6 Best Altcoins to Invest in Right Now

The upcoming Bitcoin halving scheduled for April has generated excitement in the blockchain and cryptocurrency community. This event is highly anticipated for its potential impact. Altcoins such as Toncoin, ORDI and Mask Network are attractive investment options. This renewed interest in alternative cryptocurrencies is boosting investor confidence, leading many to actively review and change their portfolios.

1. NEAR Protocol (NEAR)

NEAR Protocol is making significant progress through notable partnerships and welcomes Fraxfinance onto its network as it moves to a non-EVM environment. This collaboration enhances diversity within NEAR’s stablecoin ecosystem and opens new avenues for DeFi and yield-bearing assets.

In recent weeks, NEAR protocol has experienced a bullish trend. Its price rose from $2.97 to $7.16, and this rise was accompanied by a remarkable increase in market capitalization from $3.08B to $7.74B. 50- and 100-day EMAs. As a result, experts expect a further rise to $8.32 by the second quarter of 2024.

The NEAR ecosystem welcomes @fraxfinance to NEAR as it takes its first big leap into a non-EVM environment.

This move increases diversity in the stablecoin landscape on NEAR, including new openings for DeFi and yield-bearing assets on NEAR.

let’s Fraxin. Go.

Read more: ​​… pic.twitter.com/FsW7YTXR8y

— NEAR Protocol (@NEARProtocol) March 14, 2024

This upward trajectory is fueled by NEAR’s upcoming participation in Nvidia’s AI conference. This move promises valuable insights and potential partnerships, which are expected to positively impact NEAR’s market performance. Meanwhile, historical data indicates the impact of partnerships and exposure at industry events.

2. Toncoin (TON)

Toncoin is gaining traction with its vision to establish a comprehensive market ecosystem. This ecosystem consists of decentralized services, an anonymous network and an affordable instant payment platform. Meanwhile, Toncoin has recently moved into the spotlight, and its market performance is growing significantly.

A few days ago, Telegram announced its intention to host an initial public offering (IPO). This announcement had a notable impact on Toncoin’s performance. The sign has seen a remarkable resurgence.

TON’s market capitalization increased by more than 60%, taking it from around $9 billion to more than $15 billion. At the same time, the trading volume increased by 55.05% and reached $152,519,505 within 24 hours. As a result, Toncoin has emerged as one of the top market performers.

Furthermore, Toncoin is considering surpassing its high of $4.50, which has not been reached since November 2021. Sentiment analysis suggests a bullish outlook for Toncoin. This coincides with a Fear & Greed Index reading 77, indicating growing coin transactions.

🚀 We are excited to announce the official launch of @TONHackerHouse in Hong Kong on April 4th!

Register now to join 100+ developers at the forefront of Web3, competing for a $1.5M prize pool.

👉https://t.co/cVESgRUHme pic.twitter.com/7VXqt7DSaT

— TON 💎 (@ton_blockchain) March 18, 2024

Additionally, additional indicators show Toncoin’s upward trajectory, including a 63% increase in value over the past year. Additionally, it has consistently traded above the 200-day simple moving average. Moreover, 17 consecutive green days were observed when the daily close price exceeded the daily open price. In the last 30 days alone, Toncoin has closed higher than its opening price on 57% of occasions.

3. Sponge V2 (SPONGE V2)

Sponge V2 emerges as a promising transition from its predecessor, Sponge V1, offering improved features and utility. This innovative Stake-to-Bridge approach allows users to actively participate in the evolution of the Sponge ecosystem while earning rewards.

With a robust reward structure, Sponge V2 offers attractive incentives for token holders. The projected aAPY of 173% and a total of 9,328,896,965 in the game reflect the potential for significant returns.

In the roadmap laid out by the Sponge team, key milestones include the launch of Sponge V2 and listing on prominent exchanges. In addition, it will develop the P2E game and achieve a market capitalization of $100 million. These milestones indicate the project’s commitment to growth and expansion.

$0.0045 next? 👀🚀 $SPONGE

— $SPONGE (@spongeoneth) March 14, 2024

Investors can expect increased activity and market presence as Sponge V2 progresses through its stages including the announcement, strike initiation, token claim and listing phases. Its strategic roadmap and innovative offerings reinforce the project’s vision to become a dominant player in the meme coin community.

Visit Sponge V2 Presale

4. Mask Network (MASK)

The MASK token, MASK, has increased in value by more than 30% following a recent announcement of a staking reward program. Designed to strengthen user engagement and promote decentralized technologies, this program offers MASK holders additional benefits from the network’s leading partners and projects.

Mask Network launched this new game show to demonstrate its commitment to its community, collaborators and related endeavors. Participants holding MASK tokens will receive extra tokens as a reward from the key partners and projects related to Mask Network.

The network’s ecosystem has expanded significantly, with Bonfire Union supporting more than 120 initiatives. In addition, Mask Network launched the third phase of its Web3 Social Ecosystem Grant, supporting 33 projects, further highlighting its commitment to the Web3 space.

We are excited to announce the upcoming $MASK strike!

Individual hodlers can stake their $MASK tokens for the opportunity to receive additional tokens from our core partners and rapidly growing projects under our ecosystem. More details coming soon.https://t.co/RLH9jPrN2j

— Mask Network (mask.io) (@realMaskNetwork) March 18, 2024

After the announcement of the strike program, the price of MASK increased by more than 30% and reached as high as $5,248. MASK stands at $5.02 at the time of writing, reflecting a 16.19% increase in the last 24 hours.

Moreover, it is trading above the 200-day simple moving average, which shows positive performance compared to the token sale price. Additionally, there have been 17 green days in the past 30 days, indicating days where the daily close price was above the daily open price, accounting for 57% of the time. Furthermore, it boasts high liquidity based on its market capitalization.

5. Echelon Prime (PRIME)

PRIME pushed 15.27% in the last 24 hours to reach $24.81. This renewed investor confidence is reflected by a significant increase of 14.99% in market capitalization, now at $651,072,692. In line with this, there was a significant surge of 125.96% in 24-hour trading volume, reaching $32,838,699 has.

In the past 30 days, Echelon Prime has experienced 19 green days, accounting for 63% of its trading period, confirming its consistent positive performance. Moreover, its high liquidity, evidenced by its considerable market capitalization, underlines its attractiveness to investors.

𝗚𝗮𝗺𝗲𝗽𝗹𝗮𝘆 𝗘𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝘀 Distribution of game releases to @paralleltcg players with 1+4 $ Prime of 0.0 March as 4 Prime.

Game missions are sent on @base. pic.twitter.com/dbVdVtil6D

— Echelon (@EchelonFND) March 15, 2024

With this momentum, analysts predict a bullish trajectory for Echelon Prime, with a target price of $34. This optimism is further strengthened by the Fear & Greed Index, which registered at 77, indicating extreme greed among investors. Furthermore, Echelon Prime maintains its position above the 200-day simple moving average, which is currently trading 502.15% higher, indicating a strong uptrend.

6. ORDI

With the market in a green mode, ORDI is acting as a significant player with northward movements. ORDI currently stands at $66.15, reflecting an increase of 3.23% in the last 24 hours. This rise indicates a bullish sentiment among investors, as the Fear & Greed index currently stands at 77, indicating extreme greed.

Furthermore, ORDI is trading well above its 200-day simple moving average, currently at $13.55. This remarkably places Ordinals at 387.18% above the 200-day SMA, showcasing its robust performance. In addition, the token’s high liquidity is evident through its considerable market capitalization.

With its solid fundamentals and strong community support, ORDI offers promising potential for future growth. As a result, analysts predict that cooperation with other networks could raise the coin price to $152.51 by 2024. This projection shows confidence in ORDI’s trajectory, highlighting its position for further success.

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