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The altcoin sector has seen notable growth since the Federal Reserve’s policy shift in mid-September, signaling a potential start to the long-awaited alt season. This shift has strengthened market sentiment, driving increased attention toward alternative cryptocurrencies.
Memecoins, such as dogwifhat and Shiba Inu, has been at the forefront of this rally, showing strong price momentum. Despite a temporary cooling in prices, speculative interest in memecoins remains high. This suggests that the sector could experience further growth, driven by ongoing market curiosity and investment. This review examines some of the best crypto to buy now with growth potential that investors may consider for their portfolios, aiming for potential gains during this period of increased market activity.
Top Cryptocurrencies to Buy Now
dogwifhat experienced an 8.08% price rise in the last 24 hours, reaching a new high of $2.57. Additionally, APT has seen significant gains, increasing by over 35% within the past week. Similarly, INJ has demonstrated a strong bullish breakout recently, following an upward trend that aligns with broader market improvements.
1. Aptos (APT)
Aptos (APT) focuses on performance, security, and scalability. The platform is designed to support decentralized applications (dApps) by offering fast and low-cost transactions, making it an attractive option for developers. As more projects integrate with Aptos, its ecosystem continues to expand, positioning it as a significant competitor in the altcoin market.
The growing Aptos ecosystem is contributing to advancements in decentralized finance (DeFi) and on-chain technologies. Developers are leveraging the platform to create new applications, aiming to make innovative technology more accessible.
Furthermore, APT’s price has seen notable increases recently, climbing over 35% in the past week. Currently trading at $8.33 with a 5.17% increase on the day, analysts attribute this growth to several strategic partnerships.
Aptos ecosystem projects are pioneering the future of DeFi, on-chain innovation, and beyond as builders continue to thrive and make cutting-edge technology accessible to all 🌐
In less than 24 hours, the following ecosystem projects 👇
• @AriesMarkets
• @AmnisFinance
•…— Aptos (@Aptos) October 1, 2024
Moreover, the platform’s collaboration with the Ignition AI Accelerator, which focuses on supporting artificial intelligence startups in Asia, can be attributed to the recent price surge of the token. This partnership has reinforced optimism among investors, who view it as a sign of the platform’s long-term commitment to growth in AI-driven technology.
In addition, Aptos continues to draw attention with its expanding ecosystem, innovative partnerships, and increasing price momentum. Its strategic moves in the AI space could shape its future trajectory, keeping it on the radar of both developers and investors.
2. Injective (INJ)
Injective is a layer-one blockchain built for financial applications. It supports decentralized finance (DeFi) solutions like spot and derivatives trading, prediction markets, and lending protocols. The blockchain is designed to be open and interoperable, enabling the development of next-generation DeFi applications.
The platform features its resistance to Miner Extractable Value (MEV), which helps prevent miners from prioritizing transactions for their benefit. This ensures a more efficient and fair transaction process. Injective also stands out for its fast speeds, instant transaction finality, and near-zero fees.
It includes a native Real World Asset (RWA) module, which allows real-world assets to be represented directly on-chain. Recently, the price of INJ has shown a strong bullish breakout, following an upward trend along with broader market gains. The token’s value has increased as buying interest grows, with expectations of a potential 70% price gain.
Injective has officially been selected to join the Tokenized Asset Coalition, a group designed to accelerate the growth of RWAs and institutional DeFi.
Injective now enters an exclusive cohort to advance RWA adoption alongside the likes of @coinbase, @RWA_xyz, @circle and more. pic.twitter.com/s1eylg0DM1
— Injective 🥷 (@injective) September 27, 2024
Over the past 24 hours, INJ saw a 5.25% increase, reaching a current price of $24.03. During this period, its value ranged from a low of $22.71 to a high of $24.84. This recent price action indicates heightened trading activity and a positive market outlook. The token is also performing well compared to its initial sale price and has traded above the 200-day simple moving average.
3. Arbitrum (ARB)
Arbitrum is a Layer 2 scaling solution for Ethereum designed to enhance the network’s speed, scalability, and cost-efficiency. It achieves this through a technology called optimistic rollups, which allows transactions to be processed off the main Ethereum chain while still benefiting from Ethereum’s security and compatibility.
This approach helps reduce congestion on Ethereum while lowering user fees. At the time of writing, the price of Arbitrum’s token is $0.6233, reflecting a 0.34% decrease over the last 24 hours. Despite this short-term decline, ARB has seen a 4.13% gain over the past week and a more significant 23.81% rise over the past month.
In the last 30 days, Arbitrum has experienced 18 “green days,” meaning its price increased 60% of the time. The project also benefits from high liquidity, given its market capitalization, and is available for trading on exchanges such as KuCoin, including against the US dollar.
We’re pleased to announce that Bridged USDC Standard is now available for all Orbit chains.
.@circle’s specification and process provides an easy way to deploy Bridged USDC standard to Arbitrum Orbit chains with optionality for a future upgrade to native USDC.
Let's dive in 👇 pic.twitter.com/XG8qblDafD
— Arbitrum (💙,🧡) (@arbitrum) September 26, 2024
A notable metric for Arbitrum is its position as the leading Layer 2 network in terms of Total Value Locked (TVL), with $2.5 billion secured in the network, according to data from DeFiLlama. This indicates strong user trust and adoption of its ecosystem. With ongoing innovation and strategic growth, Arbitrum is positioning itself among the best crypto to buy right now.
4. Crypto All Stars (STARS)
The Crypto All-Stars project has gained attention during its presale, raising over $1.8 million so far. Its attraction stems largely from its “MemeVault” feature, a staking protocol designed to bring various meme coins into one platform. MemeVault allows users to stake popular meme coins in exchange for STARS tokens as rewards.
At press time, the projected annual percentage yield (APY) is 788%, though this figure is likely to decrease as more users stake their coins. The platform aims to encourage interaction among different meme coin communities by offering a unified staking solution. This could potentially streamline engagement and increase liquidity across meme coin projects.
Moreover, STARS tokens are priced at $0.0014769 at the time of writing, with expectations that this price could rise as the project enters further funding rounds. The platform has also teased an upcoming event, the “Last Meme Standing” competition.
This competition could offer a staking reward of 5000% to participants. Meanwhile, STARS presents an interesting concept, distinguishing itself from other meme coin projects with its unique staking system and multi-token functionality. The platform’s approach offers a fresh take on how meme coins can be utilized through a shared staking protocol.
Visit Crypto All Stars Presale
5. dogwifhat (WIF)
dogwifhat has seen an 8.08% price increase over the last 24 hours, pushing the token to a recent high of $2.57. This marks a notable recovery for the token, as its market capitalization has crossed $2 billion for the first time in seven weeks. On September 24, WIF broke through a key resistance level at $1.96, indicating the possibility of further upward movement. Current price momentum suggests the next target could be the resistance level at $2.85.
Over the past week, WIF has gained 31.52%, a surge driven largely by broader improvements in global market conditions following the Federal Reserve’s monetary shift in mid-September. The overall market sentiment for Dogwifhat remains positive, with a bullish outlook. The Fear & Greed Index currently sits at a neutral 50.
The dogwifhat community is extremely excited to announce we have sponsored Best Friends Animal Society's "Benefit to Save them All" gala in NYC with a $100k contribution!
This support directly helps Best Friends in their mission to Bring Love Home and make the entire country… pic.twitter.com/ZWSwagxUBj
— dogwifcoin (@dogwifcoin) September 26, 2024
The token has experienced 19 positive trading days in the last month, or 63% of the time, showing a consistent upward trend. Trading is happening close to its cycle high, suggesting that the coin is approaching a resistance point. Additionally, dogwifhat maintains strong liquidity relative to its market cap, a positive factor for investors seeking to enter or exit positions without significant price fluctuations.
Meanwhile, dogwifhat’s recent price action and market behavior suggest bullish momentum, though traders should remain cautious as it nears key resistance levels. The neutral reading on the Fear & Greed Index also indicates that the market is not overly emotional at the moment, which could signal some stability.
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