Join our Telegram channel to stay up to date with the latest news coverage
The market is recovering again, with the memecoin sector and Solana ecosystem currently heading north. This positive outlook has caused investors to step up their buying activities to rebalance their investment portfolios. Moreover, this increase in interest prompts investors to explore alternative cryptocurrencies with growth potential, leading to a focus on altcoins.
However, choosing the appropriate altcoin requires thorough analysis and research. InsideBitcoins provides valuable guidance by showcasing several notable altcoins worthy of investor consideration.
6 Best Altcoins to Invest in Right Now
Investors are focusing on tokens such as dogwifhat, Solana and Jupiter, viewing them as promising investment prospects in anticipation of the upcoming altcoin season. This surge in interest boosts investor confidence, empowering them to actively evaluate and refine their investment portfolios.
The pre-sale of eTukTuk exceeded $2.6 million, attracting investors eager to revolutionize transportation systems in less developed areas. Ethereum leads the NFT market in the weekend, with daily sales exceeding US$11 million.
1. eTukTuk (TUK)
eTukTuk’s Pre-sales have soared past the $2.6 million mark, showing strong acceptance and marking an important milestone for the project. Its core mission is to revolutionize transportation systems in developing regions through blockchain technology. That’s why eTukTuk integrates AI-driven optimization to streamline routes, ease traffic congestion and reduce 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
As the presale progresses through phases, the price of its native token, TUK, gradually increases with each additional fund secured. Currently priced at $0.029, TUK tokens can be purchased using BNB, USDT or credit/debit cards. Additionally, investors can actively stake their tokens, yielding up to 101% APY returns. With over 48 million TUK tokens already in play, presale participants are actively receiving 6% of the total 2 billion TUK token supply.
Looking forward, eTukTuk actively plans to list TUK on leading exchanges after pre-sale, thereby improving liquidity and accessibility for investors. This strategic move aims to strengthen the project’s position in the market and offer broader opportunities for investor participation.
Visit eTukTuk Presale
2. dogwife hat (WIF)
Solana’s ecosystem has hit the gas, with Dogwifhat (WIF) leading the charge. WIF experiences an upward trend and becomes the meme coin sector’s third largest coin by market cap. Over the past seven days alone, WIF has soared 59%, overtaking PEPE to reach the 39th position in the global market capitalization ranking.
At the time of writing, Dogwifhat is priced at $4.59, reflecting a 26.84% intraday rally. Additionally, market sentiment is buoyant, with a 75 Greed score indicating a positive investor outlook. In the past month, Dogwifhat has achieved an impressive streak of 17 consecutive green days. During these days, the closing price consistently exceeded the opening price.
Furthermore, Dogwifhat’s bullishness reflects its relative strength index (RSI), which remains firmly within the bullish range. Moreover, the Directional Movement Index (DMI) confirms this bullish sentiment, indicating a strong upward trend for the memecoin.
https://t.co/XbgJckNkC3$WIF pic.twitter.com/GpwCzHjAue
— dogwifcoin (@dogwifcoin) March 19, 2024
Therefore, analysts anticipate that Dogwifhat will maintain its upward trajectory in the coming days and expect a new ATH of $5 in the near term. Likewise, ambitious projections point to the possibility of reaching a double-digit price before the end of the year. This reflects growing optimism about Memecoin’s prospects.
3. Core (CORE)
Core’s market performance, marked by significant project launches, propelled it into the limelight. Recently, the platform launched Core Ignition, a six-month incentive program within the BTCfi ecosystem. The programs aim to increase growth and adoption by rewarding contributions to the Core ecosystem. Meanwhile, this initiative focuses in particular on the bridging of assets and the investigation of decentralized applications.
Furthermore, coreBTC on Core Chain was unveiled, allowing users to securely bridge their BTC to a Bitcoin-secured DeFi experience on Core Chain. In addition, coreBTC allows Bitcoin holders to use their assets within Core Chain’s expanded DeFi space. Moreover, it has two primary goals: maintaining Bitcoin’s trustlessness and security and unlocking its potential as the central asset of DeFi’s future.
1/ coreBTC is live on Core Chain, meaning users can trustlessly bridge their BTC to a Bitcoin-secured DeFi experience on Core Chain. pic.twitter.com/6KFWdbQzbR
— Core DAO 🔶 (@Coredao_Org) March 28, 2024
Based on this collaboration, Core is pushing gains with a 12.82% rally, putting it at $1.239754. Meanwhile, investors are bullish on Core, which is consistent with as indicated by a Fear & Greed Index of 75. Core DAO is trading 80.96% above the 200-day SMA, currently at $0.703124. Similarly, 16 positive price movements occurred in the last 30 days, resulting in green candlesticks. These developments highlight the momentum behind Core’s ecosystem and its potential for further growth and adoption.
4. Solana (SON)
SOL is also benefiting from its ecosystem’s positive outlook, which has seen it rise 12% over the past seven days to $198.13. This surge aligns with investor bullish sentiment and is bolstered by a Fear & Greed Index reading of 75. Over the past year, Solana has shown remarkable growth, rising 864% and outperforming 95% of the top 100 coins.
Likewise, the token is trading above its 200-day simple moving average, indicating sustained momentum. With 20 consecutive green days and a majority of daily closes above opening prices in the past 30 days, Solana exhibits a consistent upward trajectory. Moreover, its liquidity remains high, supported by a substantial market capitalization.
Quadratic funding for public goods🔥
Only one day left to contribute to @_cubik Grants Round 1! Learn more and support builders in the Solana ecosystem👇 https://t.co/mATZ5koOfx
— Solana (@solana) March 29, 2024
Leading cryptocurrency exchanges, including Binance and Bybit, reported significant open interest in Solana, reaching $1.3 billion and $745.2 million, respectively. This influx of institutional and retail interest demonstrates Solana’s stature as a leading blockchain platform that accommodates multiple financial instruments and applications. Additionally, Solana’s Total Value Locked (TVL) stands at an impressive USD 4.901 billion, highlighting significant growth and adoption within the DeFi ecosystem.
5. Jupiter (JUP)
In line with the overall rally in the Solana ecosystem, JUP has moved north over the past few days, rising 20% on March 30. This surge has attracted attention from investors due to forecasts of continued growth. Meanwhile, market experts attributed this remarkable rise to Jupiter’s disclosure of its Core Working Group’s (CWG) budget proposal vote. This launch marks significant progress within the Solana landscape.
The main goal is to strengthen its ecosystem and empower community-driven initiatives. This proposal aims to redefine Jupiter’s development trajectory. This therefore positions JUP as a leading player in decentralized finance (DeFi) within the Solana ecosystem.
Vote on CWG’s budget proposal
The vote to fund the first Jupiter Working Group is live! This vote is crucial in setting a precedent for funding working groups to drive the DAO’s initiatives forward.
The CWG spent a week in community discussions and presented their 2024… pic.twitter.com/jYk8XAU9JZ
— Jupiter 🪐 (@JupiterExchange) March 29, 2024
To sustain its operations and promote long-term growth, the CWG proposed a comprehensive funding plan. This plan involves a 12-month expenditure budget of $450,000 to cover operating costs and a 2-year allocation of 4.5 million JUP tokens, vested over two years. This initiative highlights Jupiter’s commitment to innovation and community engagement. Therefore, it sets a promising path for his future endeavors within the vibrant Solana ecosystem.
6. Immutable (IMX)
Launched in 2021, Immutable X revolutionizes NFTs on Ethereum by tackling scalability and gas fee issues. Using Zero-Knowledge Rollups technology, it executes transactions from the Ethereum network, ensuring faster processing and lower fees. Additionally, this immutability facilitates NFT mining and trading, which is vital to the burgeoning GamFi sector.
Furthermore, its market performance shows Unchanged X trading at $3.14, up 4.45% in the last 24 hours. This bullish sentiment aligns with a Fear & Greed index at 75, indicating investor optimism.
💎 @AffynOfficial is committed to building on immutable zkEVM, powered by @0xPolygon!
They raised 20 million and officially launched @buddyarenagame to all players worldwide.
Affin is a web3 gaming, metaverse and lifestyle company using blockchain technology to create a… pic.twitter.com/21NudVsoXn
— Immutable (@Immutable) March 29, 2024
Over the past year, Immutable X is up 187%. It outperformed 66% of the top 100 cryptocurrencies. Meanwhile, it is trading 246.05% above its 200-day simple moving average, currently at $0.907224. Invariant X’s robust performance compared to its token sale price highlights its market resilience. Moreover, it offers promising opportunities for investors.
Read more
Smog (SMOG) – Meme coin with rewards
Airdrop Season One Live Now Earn XP To Qualify For $1M Share Featured On Cointelegraph Stake Rewards – 42% APY 10% OTC Discount – smogtoken.com
Join our Telegram channel to stay up to date with the latest news coverage
Disclaimer for Uncirculars, with a Touch of Personality:
While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.
No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.
And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.
Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!
UnCirculars – Cutting through the noise, delivering unbiased crypto news