5 Best Altcoins to Invest in Now March 20 – Stacks, AIOZ Network, The Sandbox

Investors are in HODL mode, with the overall greed score decreasing from a high of 96 to 75. This prospect means investors expect the impending Bitcoin Halving to trigger a bull run. With this in mind, Altcoins are gaining traction as an attractive investment option for those looking for diverse entry points.

Nevertheless, choosing the right altcoin requires diligent effort and thorough research. This article simplifies this process by highlighting several notable altcoins that deserve investment consideration.

5 Best Altcoins to Invest in Right Now

Bitcoin fell to around $63,000, marking its third straight day of red candlesticks. In contrast, Stacks, AIOZ Network and the Sandbox are gaining attention as promising options for investors as the alt season approaches. This resurgence in confidence among investors in altcoins prompts them to actively reconsider and adjust their portfolios.

1. AIOZ Network (AIOZ)

With the ongoing AI boom, development in this industry is accelerating as major players compete for limited computing resources crucial to AI computing. This intensified competition has led to rising AI development costs, making it increasingly difficult for entities to engage in effective AI training.

Unfortunately, small players face a looming threat as attention shifts to AI distraction, amplifying their challenges. However, the horizon aims to level the playing field for smaller entities. The AIOZ #DePIN, powered by a large network of over 74,000 global edge nodes, democratizes access to the essential computing resources needed for AI computation. In particular, it provides a viable solution for small entities seeking AI distraction.

Moreover, the imminent launch of AIOZ Node V3 is a significant leap forward. This innovative node enables seamless collaboration between nodes within the AIOZ DePIN, pooling their resources to perform diverse AI computing tasks effortlessly. By powering the AIOZ Web3 AI (W3AI) service, Node V3 aims to transform the AI ​​inference market.

Meanwhile, AIOZ Network’s outlook is mixed, falling marginally to $0.862178. Despite this decline, investor sentiment remains bullish as the coin trade is healthy. In particular, the AIOZ network’s positive performance includes a remarkable price increase of 2.665% over the past year.

📣@Defusion_ai joins the W3IPFS Whitelist program, unlocking early access to AIOZ W3IPFS!🔐

W3IPFS leverages 74,000 nodes to improve digital content preservation:– #DePIN CDN– NFT upload and management– IPFS staking service– Dedicated ports– Comprehensive SDK and API$AIOZ pic.twitter.com/zfgnsxM73l

— AIOZ Network (@AIOZNetwork) March 19, 2024

With 96% of the top 100 crypto assets, AIOZ outperforms stalwarts like Bitcoin and Ethereum. It is trading above its 200-day simple moving average, reflecting positive market sentiment compared to its tick sale price. These developments underline the potential of the AIOZ network as a promising investment opportunity in the coming bull.

2. Bitget Token (BGB)

Since its launch, Bitget Token’s steady rise has captured significant market attention as a payment platform. The coin’s value is $0.895267, reflecting a modest increase of 1.04% in the last 24 hours.

Additionally, the market outlook, including current sentiment, favors Bitget Token. Similarly, the Fear & Greed Index reading of 74 indicates a growing interest in the currency. Over the past year, BGB has risen an impressive 131%, outperforming 66% of the top 100 coins, including Bitcoin and Ethereum.

Furthermore, the technical analysis further strengthens its position, with Bitget Token trading comfortably above its 200-day SMA, currently at $0.458521. Moreover, its liquidity remains strong, backed by a substantial market capitalization.

Bitget Token’s prospects look promising, especially with potential collaborations. If the project reveals partnerships with other networks, it could propel BGB’s price above $1.36 by 2024. Meanwhile, a bull run could push BGB’s average price up to about $1.23 by the same year.

#BitgetxSLERF Meme Contest is live!

We will donate $10 in $SOL to support $SLERF presale participants for each qualified meme.

How to join:1⃣ Create a meme with elements of #Bitget and #SLERF 👇2⃣ Post on X with hashtags #SLERFxBitget and #MemeContest3⃣ Follow @bitgetglobal… pic.twitter.com/mUaJV4Jppe

— Bitget (@bitgetglobal) March 20, 2024

Nevertheless, in a bear market in 2024, Bitget Token’s value could drop to as low as $1.15. Bitget Token demonstrates robust fundamentals and enjoys strong community support, positioning it favorably for future growth. While potential collaborations could further propel its trajectory, investors should note market fluctuations and associated risks.

3. The Sandbox (SAND)

Sandbox aims to bring a new approach to the virtual world by integrating DAO, Metaverse and NFTs. It empowers users to be creative by allowing them to create, build, buy and sell digital assets within a virtual gaming environment. This innovative approach creates a vibrant ecosystem and paves the way for a new ‘play-to-earn’ model. Users can earn money from their gaming experiences.

With a limited token supply and growing community support, SAND has secured listings on major exchanges such as Binance and Coinbase. Furthermore, SAND’s market performance looks to maintain an upward trend with a 0.83% rally, placing the price at 0.60652. This is an indication of growing investor interest and market sentiment.

Meanwhile, SAND is 42.30% above its 200-day simple moving average, showing positive performance compared to its token sale price. Moreover, it has seen 15/30 green days, showing stability in market volatility. High liquidity, evident from its market capitalization, further strengthens SAND’s appeal to investors seeking exposure to the burgeoning metaverse sector.

The Galaxy Habbos Collection will launch soon on The Sandbox 🧑‍🚀 4,000 unique space-themed avatars to call your own.

Relax with us on this @Habbo adventure! 💫 https://t.co/tlp4cm5bEF pic.twitter.com/znlht5Q6Pr

— The Sandbox (@TheSandboxGame) March 19, 2024

In light of these developments, sentiment around the Sandbox project remains bullish. The Fear and Greed index stands at 74, indicating prevailing optimism among market participants. As the project continues to innovate and expand its offerings, SAND aims to capitalize on the growing mainstream adoption of blockchain technology in gaming.

4. eTukTuk (TUK)

eTukTuk’s focus on transportation is generating significant investor interest in its presale, with experts predicting further adoption. The project is backed by blockchain technology and aims to transform the use of traditional tuk-tuks and their environmental impact.

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

In addition, the project’s white paper highlights the need for sustainable alternatives to combat the adverse effects of internal combustion engine (ICE) tuk-tuks prevalent in developing countries. With a focus on addressing environmental issues, eTukTuk expands its vision beyond just tuk-tuks to include other two- and three-wheeled vehicles.

Meanwhile, eTukTuk’s presale attracted significant attention, raising $2.3 million. Currently priced at $0.0285 per $TUK token, investors are eyeing a potential rise in value as the presale moves into its next phase in 4 days.

This provides an opportunity for investors to capitalize on the current token price and APY of 110% before any possible price adjustments. With its commitment to sustainability and the promising reception of its pre-sale, eTukTuk is a compelling option for investors looking to align their portfolios.

Visit eTukuk Presale

5. Stacks (STX)

The recent Nakamoto upgrade approval for the Stacks has sparked significant interest among crypto investors. Endorsed by the Stacks Foundation, this upgrade received unanimous approval from STX holders and overwhelming support from non-stackers. According to the project’s white paper, this upgrade promises several improvements for the network.

These improvements include faster block times, assured finality for Bitcoin transactions, and reduced fork risks. It also includes reduced maximum withdrawable value (MEV) associated with Bitcoin transactions.

Additionally, the upgrade will introduce sBTC, a trust-minimized iteration of Bitcoin tailored for the Stacks ecosystem, with the aim of improving the DeFi experience on the platform. In addition, the Stacks Foundation encouraged community involvement in the testnet to drive development and gather critical feedback for the mainnet’s success.

As a result, STX price rose by more than 13% after the approval, with a 12.10% increase in the last 24 hours. The sentiment towards Stacks Price Forecast is currently bullish, complemented by a Fear & Greed Index reading of 74, indicating a sentiment of greed among investors.

Bitcoin L2s are a gateway to the velocity of Bitcoin activity on the chain 🟧

– @primitivecrypto Founder @DoveyWan on Bitcoin L2s pic.twitter.com/D94dWsqu0j

— stacks.btc (@Stacks) March 19, 2024

Last year, STX saw a remarkable 175% price increase and outperformed 73% of the top 100 crypto assets. It is trading above the 200-day simple moving average, with 16 green days in the past 30 days, indicating positive momentum. Additionally, STX boasts high liquidity based on its market capitalization, further enhancing its appeal to investors.

The Nakamoto upgrade approval and the subsequent increase in STX price underscore the growing confidence and interest in the Stacks ecosystem. With expected improvements and innovations, Stacks aims to establish itself as the best token to invest in the crypto market.

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