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The Sui Network’s native token, SUI, has surged by an impressive 443.16% since November 2023, establishing itself as one of the top-performing altcoins this cycle. Similar upward trends have been observed in meme coins, including Floki (FLOKI) and Dogecoin (DOGE).
The token increased significantly by 15.25% over the last 24 hours, reaching a trading price of $3.35. This price is close to its record high of $3.43, currently trading at a 2.38% discount from that peak. Given this bullish sentiment, investors are searching for the best altcoins to invest in today.
6 Best Altcoins To Invest In Today
SUI, the native token of the Sui Network, has seen a remarkable increase of 443.16% since November 2023, making it one of the top-performing altcoins this cycle. Quant (QNT) is currently valued at $61.32, reflecting a 1.89% rise in the past 24 hours. Dogwifhat (WIF) surged by over 37% after being added to Coinbase’s listing roadmap.
MANTRA (OM) has also gained market interest recently, likely benefiting from a broader cryptocurrency market upswing. Today, Bitget’s native token (BGB) is priced at $1.44, up by 2.53% in the last 24 hours. Meanwhile, Bitcoin briefly crossed the $93,000 mark as investors continued to analyze market developments.
1. Bitget Token (BGB)
Bitget has re-launched its cryptocurrency exchange platform in the United Kingdom after suspending services for new users earlier this year. The platform’s return comes as it now aligns with the U.K.’s Financial Promotions Regime, as confirmed in a press release on November 12.
Today, the price of Bitget’s native token (BGB) is $1.44, marking a 2.53% increase over the past 24 hours. The token’s market sentiment appears optimistic, with the Fear & Greed Index indicating “Extreme Greed” at 88.
Over the past year, BGB has outperformed major cryptocurrencies. This includes Bitcoin and Ethereum and surpassed 68% of the top 100 crypto assets in terms of performance.
2. MANTRA (OM)
MANTRA (OM) has recently experienced a surge in market interest spurred by the broader rise in cryptocurrency markets. In response, the MANTRA team has announced a major airdrop of 50 million OM tokens, heightening excitement within its community.
MANTRA is priced at 1.512083, marking an increase of 4.45% in the past 24 hours. The sentiment around OM is currently bullish, and the Fear & Greed Index indicates “Extreme Greed” with a score of 88.
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Over the past year, OM’s price has surged by 6,096%, outperforming 93% of the top 100 cryptocurrencies, including Bitcoin and Ethereum. The token trades significantly above its 200-day simple moving average (SMA) by 6,171.70%, while the 200-day SMA level stands at 0.024058.
3. dogwifhat (WIF)
Dogwifhat (WIF) has shown a significant surge in the past day, climbing over 37% following its addition to Coinbase’s listing roadmap. On November 13, Coinbase announced it would add Dogwifhat, which drove the token’s price up to $4.02, reflecting a 31.17% increase over 24 hours.
Market sentiment for Dogwifhat remains optimistic, supported by an Extreme Greed rating of 88 on the Fear & Greed Index. Forecasts for November 2024 suggest the upward trend continues, with a potential price rise to around $8.59.
Based on recent market patterns, analysts predict a price range between $4.21 and $14.93. For investors, this could present an opportunity for returns, with a possible gain of 269.61% if current prices hold and the token meets its forecasted highs.
4. Toncoin (TON)
Toncoin (TON) has experienced notable shifts in market dynamics this year, driven by adjustments in supply and rising user participation within its ecosystem. A recent analysis by CryptoQuant’s Shiven Moodley highlights that TON’s total supply has gradually increased, moving from approximately 5.01 billion tokens to 5.1 billion.
Toncoin trades at $5.29 today, reflecting a 0.86% increase over the last 24 hours. The current market sentiment is neutral, while the Fear & Greed Index shows a level of 88, indicating “Extreme Greed.” Over the past year, TON’s price has grown by 132%, outpacing 62% of the top 100 crypto assets. Additionally, the token trades 160.82% above its 200-day SMA of $2.03 and has seen 17 green trading days in the past 30 days, or roughly 57%.
This supply growth has been accompanied by notable changes in circulating supply, with a significant decline seen in early 2024 due to lockups and increased staking within the network.
5. FreeDum Fighters (DUM)
FreeDum Fighters (DUM) is a new player in the cryptocurrency space. It combines the worlds of politics, humor, and community action. Unlike traditional meme coins, FreeDum Fighters takes a political approach, targeting audiences interested in light-hearted yet engaged political content. This innovative blend of political themes and meme culture has drawn attention, but it remains uncertain whether FreeDum Fighters has long-term potential or will fade out like other short-lived trends.
FreeDum Fighters introduces an interactive element. Users can join debates, participate in discussions, and earn rewards for engagement. This unique approach, which the project calls “PoliFi” (Political Finance), allows users to engage with current political topics while receiving $DUM tokens as incentives. The $DUM token’s presale raised over 490,000, reflecting early interest in this distinctive project.
The tokenomics of $DUM are designed to support sustainability and growth. Of the total supply, 20% is allocated to liquidity, another 20% goes to staking rewards, and 40% is reserved for presale investors. Additionally, FreeDum Fighters offers “debate rewards,” an incentive that encourages active participation, potentially strengthening the platform’s community.
FreeDum Fighters uses social media platforms like Telegram and X to build a community and maintain engagement. The project has already drawn over 1,000 members to its Telegram group. This creates a space where supporters can connect, exchange ideas, and stay updated. Weekly events and debates on these platforms encourage involvement and help sustain interest.
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6. Quant (QNT)
Quant (QNT) is priced at $61.32, reflecting a 1.89% increase over the last 24 hours. While the price trend is bearish, the Fear & Greed Index suggests heightened market optimism, registering an “Extreme Greed” level at 88.
QNT shows favorable liquidity with a 24-hour volume-to-market cap ratio of 0.0653. November forecasts indicate a possible shift in market trend, with an expected price increase to $58.94. This month’s projected range for QNT spans from $53.93 to $63.80, which could yield a modest return of about 4.05% for investors buying now and selling within the forecasted range.
In December 2024, QNT is anticipated to trade between $57.27 and $65.63, implying a slight 0.15% decrease from current levels, assuming an average December price of $61.23. If this forecast holds, investors might see a potential return of 7.03%.
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