Join our Telegram channel to stay up to date with the latest news coverage
The AI and gaming market is growing, along with the approaching Bitcoin halving. The intersection of this positive news in the crypto space is driving the traction of altcoins. Moreover, experts predict that these positive events will positively affect prices and market sentiment, triggering a bull run.
Given this, altcoins offer an attractive option for traders looking to update their portfolios, giving them opportunities to diversify their investments. This article presents a curated list of top performing altcoins that deserve consideration for investment in the current market.
6 Best Altcoins to Invest in Right Now
Bitcoin rose above the $51,000 mark, leading to a recovery in the crypto market. This revival follows Nvidia’s strong earnings, which injected new life into AI-based tokens. In addition, altcoins such as SingularityNET, OKB and the Graph are attracting attention as promising investment options. After strong performance, these signs show significant potential for future market growth.
1. SingularityNET (AGIX)
The AI market is gaining momentum as Open AI recently launched its SORA token. In this way, investors are of the narrative that coins like SingularityNET’s AGIX will follow a similar route. As such, SingularityNET is slowly making its mark as a platform where anyone can buy and sell AI services using AGIX tokens.
Due to this growing interest in the AI market, coins like AGIX experienced surges in the last trading session. SingularityNET rose to $0.699275, achieving an intraday gain of 33.14%. Additionally, market sentiment looks bullish as the Fear/Greed score of 74 means investors are actively trading AGIX.
Furthermore, this newfound momentum has propelled AGIX to 6th place in the AI Crypto sector by market capitalization, showing significant growth. Over the past year, it has risen by 83% and ranked above 66% of the top 100 crypto-assets in terms of performance. Notably, the token is trading above the 200-day SMA and has shown positive performance compared to its token sale price.
We’re excited to announce that @TechInformed has joined us as a media partner for the upcoming #BGI24 Summit in 🇵🇦 Panama!
Learn more about our must-attend summit and register to watch online at https://t.co/xSiy3SRXvz pic.twitter.com/e4xvDZc3cP
— SingularityNET (@SingularityNET) February 21, 2024
Therefore, SingularityNET’s performance holds investors with 18/30 days of green candlesticks, reflecting a positive trend of 60%. A market dominance of 0.04% also reinforces SingularityNET’s high liquidity based on its market capitalization.
2. Manta Network (MANTA)
Manta Network (MANTA) has become a major market player that has attracted considerable attention since its launch. In collaboration with Ispolink, their partnership aims to integrate Manta into their decentralized infrastructure. It particularly improves activities such as service purchases, earning points and claiming rewards.
Currently, sentiment around Manta Network’s price forecast is positive, with a Greed Index reading of 74 indicating optimism. On a month-to-date outlook, MANTA had 16 days where the closing price was higher than the opening price. This indicates an upward trend with investors looking to add MANTA to their portfolios.
🚀 Explore zkApp Accelerator innovation!
Our COO @superanonymousk reveals how we select diverse projects with high potential and our partnership with @CelestiaOrg and @0xPolygon. See Manta’s key role in our success. pic.twitter.com/yAOWnPW8Sa
— Manta Network (🔱,🔱) #MantaNewParadigm (@MantaNetwork) February 20, 2024
Meanwhile, Manta Network is trading near its high of $3.45, showing good liquidity based on its market cap. Furthermore, Manta Network’s partnerships and community can propel it to further growth. Furthermore, if the project announces cooperation with other networks, the MANTA could reach more than $4.93 by 2024. In a bullish crypto market, the average price of MANTA is expected to remain around $4.40 by 2024.
3. The graph (GRT)
With the growing interest in AI tokens, GRT is attracting new interest from both analysts and investors. The chart’s price is heading north, breaking through the $0.20 threshold with a 40% increase in the past seven days. Based on this upward trend, analysts predict that The Graph will soon push even higher.
Additionally, recent data from The Graph cryptographics indicates significant growth potential. The token’s price increased from $0.17 to $0.27, marking a significant jump. Accordingly, projections based on GRT’s price forecasting models indicate a potential value of $0.4051 by the fourth quarter of 2024.
📢 The Graph Foundation is excited to announce the launch of the Technical Advisory Board (TAB) and its first six members:
– @facuspagnuolo, co-founder and CTO @mimicfi – @marcandu, founder at @ellipfra – @HopeYen11, software developer CTO at @graphopsxyz – Derek…
— The Graph (@graphprotocol) February 20, 2024
Additionally, market optimism and rising trading volumes fueled a notable bull run in The Graph token. This is evidenced by 21 green days in the last 30 days, accounting for 70% of the observed period. Analysis of weekly charts also indicates a trend reversal in The Graph’s price trajectory, characterized by a sharp increase in trend momentum. On a positive note, GRT’s increasing trading volumes and the overall bullish sentiment in the market support this trend.
4. United Nations (UN)
OKX has just launched the ERC-7579 standard to improve the wallet experience for developers and users. This standard builds on ERC-6900 to simplify and better support processes. In addition, it complements ERC-4337’s account abstraction capabilities, opening up new opportunities in the crypto space. Nevertheless, this development has not greatly affected OKB’s general outlook as it has grown by 1.53% in the last 24 hours.
Moreover, the sentiment surrounding OKB’s price forecast is currently neutral. However, the high Greed score of 74 reflects investors’ interest in the coin, with an expected upward trend. Along this line, OKB has consistently traded above its 200-day SMA. Similarly, it has seen 17/30 green days where the closing price has bettered its opening price.
We recently announced the launch of the ERC-7579 standard, which aims to improve the wallet experience for developers and users.
Learn more about this new standard here ⤵️ https://t.co/eXn4NhScWz
— OKX (@okx) February 22, 2024
With the help of solid fundamentals and a dedicated crypto community, OKB has the potential to reach significant heights. Collaborations with other networks could also push OKB’s price past $136.48 by 2024. Likewise, in the case of sustained greens, OKB’s average value is expected to be around $123.57 by the same year.
5. Bitcoin Minetrix (BTCMTX)
Cloud mining is slowly being adopted as Bitcoin Minetrix’s pre-sales exceed expectations. Bitcoin Minetrix introduces a new way to securely mine Bitcoin using tokenized cloud mining. This solves the problem of scams and outdated hardware. Through this approach, Bitcoin Minetrix strives to provide a secure and transparent alternative for individuals interested in Bitcoin (BTC) mining.
Furthermore, the platform addresses the challenge of hardware obsolescence that miners usually face. By using cloud mining, individuals are relieved of the burden of upgrading outdated mining hardware, which often poses challenges in resale scenarios.
Only 3 days left until Phase 27 of #BitcoinMinetrix comes to an end!
Can you describe the process of solo mining versus pool mining? 💡 pic.twitter.com/sGZbZK2oCC
— Bitcoinminetrix (@bitcoinminetrix) February 22, 2024
Furthermore, the ongoing Bitcoin Minetrix’s presale garnered market fanfare. As of the latest update, the presale has raised $11,291,864, with each Bitcoin Minetrix token worth $0.0136. Currently 693,756,311 BTCMTX are in play with an APY of 60%. So, with just three days left until the end of Phase 27, investors are presented with an excellent opportunity to capitalize on the current token price.
Visit Bitcoin Minetrix Presale
6. Immutable (IMX)
The crypto gaming sector is gradually seeing an increase in adoption. Riding this wave, Immutable is slowly gaining traction among gamers and merchants. TapNationGames, a well-known mobile game publisher with over 60 million monthly active users, is spearheading this shift by launching two exclusive games, Giant Rush and Parking Jam, on the Immutable platform.
Meanwhile, Immutable’s native token, IMX, has seen significant market adoption. On this note, it has risen 96.94% in the past month to reach $3.39. At the same time, the current sentiment around IMX is bullish. Likewise, the Fear & Greed Index stands at 74; this level of greed reflects the projection of an approaching bull. Trading consistently above the 200-day SMA indicates that IMX is in a long-term positive trend.
🌈 @TapNationGames is committed to immutable zkEVM, powered by @0xPolygon!
In 2023, they were the Top 11 global publisher, with 100+ game releases generating 1B+ downloads since 2019 and 60M+ monthly active users.
With their track record, they officially introduce… pic.twitter.com/CTP5PFekCj
— Immutable (@Immutable) February 20, 2024
Therefore, market analysts predict further price growth for IMX, especially if ImmutableX announces cooperation with other networks. The maximum price projection for IMX by 2024 therefore stands at $5.73, driven by potential partnerships and market momentum. However, in the event of a market downturn, the minimum value of IMX may drop to $4.49 in 2024.
Read more
New Crypto Mining Platform – Bitcoin Minetrix
Audited by Coinsult Decentralized Secure Cloud Mining Earn Free Bitcoin Daily Native Token on Presale Now – BTCMTX Stake Rewards – Over 50% APY
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