Search Inside Bitcoins

7 Best Altcoins to Invest in Right Now January 7 – STEPN, Optimism, Gala

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.


Join Our Telegram channel to stay up to date on breaking news coverage

Exploring tokens beyond Bitcoin opens a world of diverse investment opportunities in the crypto world. As such, altcoins, the alternative cryptocurrencies to Bitcoin, have gained significant traction. 

However, picking the best digital assets to maximize returns is crucial for investors seeking to add these coins to their portfolios. Hence, this article covers the best altcoins to consider for investment in the current market landscape.

7 Best Altcoins to Invest in Right Now

The popularity of Ordinals sparked considerable interest in exploring Bitcoin-based solutions, expanding its utility beyond being solely a store of value. This growing interest led to a movement wherein Stacks emerged as a beneficiary due to its compatibility with Bitcoin, experiencing a significant surge of over 200% in value during 2023. However, this upward trend only hints at the potential developments anticipated in 2024.


Satoshi Lab’s projects marked significant achievements in 2023 despite prevailing market challenges. Notably, STEPN focused on wellness tech integrated with Apple Pay. In addition, it collaborated with Apple Music to infuse rhythmic elements into user movements. Strategic partnerships with influencers further enriched user experiences. 

STEPN Price Chart

Concurrently, MOOAR simplified NFT creation within the NFT realm with its Generative NFT Tool. As such, it emerged as a leading marketplace on #Solana and #Polygon. Moreover, GMT showcased impressive 24-hour trading volumes following the launch of #MOOARBox and MOOAR+.

In the gaming arena, STEPN launched GasHero on January 3rd, which has exhibited promising trading volumes on the Polygon blockchain. Financially, STEPN’s value surged to $0.438277 from its last cycle low, reflecting bullish price prediction sentiments. 

Also, the Fear & Greed Index recorded 71 (Greed), indicating positive market sentiment. Ranked at #45 in the Ethereum (ERC20) Tokens sector, #STEPN showcased a 56% price increase over the last year. Additionally, it is consistently trading above the 200-day simple moving average.

2. Toncoin (TON)

Ton Raffles recently pioneered a new fair launch method for its $RAFF token sale within the TON Blockchain, establishing a groundbreaking approach in the ecosystem. This method ensured equal opportunities for all participants. Hence, it created a level playing field from the token’s inception to its listing on DEX platforms.

TON Price Chart

The successful implementation of this fair launch highlights the increasing interest in TON-based projects. Furthermore, Toncoin currently has a circulating supply of 3.46 billion TON out of a maximum supply of 5.00 billion TON. 


Notably, the current yearly supply inflation rate is 182.97%, creating 2.23 billion TON in the past year. In market rankings, Toncoin holds the #6 spot in the Proof-of-Stake Coins sector and the #10 in the Layer 1 sector. Key highlights include a modest 2% price increase over the past year. In addition, the coin has been trading consistently above the 200-day simple moving average.

3. Gala (GALA)

GALA has surpassed growth expectations in 2023 and is poised for further expansion. Hence, it has positioned itself as a formidable competitor among mainstream game developers. The project’s emphasis on an ecosystem catering to free-to-play AAA titles has been instrumental in attracting a growing user base.

GALA Price Chart

GALA currently has a circulating supply of 27.36 billion tokens out of a maximum supply of 50 billion GALA. Notably, the yearly supply inflation rate is 292.17%, creating 20.39 billion GALA tokens in the past year. Over the last year, GALA has experienced an 8% price increase. Similarly, it trades above its 200-day simple moving average, indicating a favorable trading position. 

Moreover, the token demonstrates high liquidity, substantiated by its market capitalization. Likewise, there’s a potential for significant price growth, with the prospect of reaching 21 times higher than previous highs set in 2021. This growth trajectory aligns with GALA’s ambitions to solidify its standing within the gaming industry.

4. Sponge V2 ($SPONGE V2)

The Sponge V2 has exhibited substantial growth since its inception. The project commenced at a valuation of $1 million and peaked at a market capitalization surpassing $100 million in 2023. Presently, it holds a valuation of $16 million and has garnered a community of more than 11,500 holders.

The project’s roadmap outlines plans for primary exchange listings, leveraging the support of a community of 30,000 members. These strategic developments aim to position the $SPONGE V2 project for potential growth. Hence, it attracts interest from prospective investors and explores opportunities within the cryptocurrency market.

Furthermore, Sponge V2 introduces the Stake-to-Bridge model. This model has been designed to facilitate a seamless transition for $SPONGE holders to V2. As such, the project implements incentivization strategies and retains existing holders through a staking mechanism.

5. Flow (FLOW)

In the past year, Flow has shown a 13% increase in price and has consistently traded above its 200-day simple moving average. This performance, coupled with positive results compared to its token sale price, indicates a relatively stable trajectory. Additionally, within the last 30 days, Flow experienced 16 days of positive growth, accounting for 53% of the period.

FLOW Price Chart

Forecasting for Flow in 2024 suggests a potential highest price of $1.35. Moreover, it has an average valuation of around $1.20 and a minimum estimate of $1.16. This outlook leans towards a bullish trend. 

However, this is contingent upon Flow’s ability to forge strategic partnerships with influential industry investors and major blockchain networks. Collaborations of this nature could yield positive outcomes for investors, making Flow an attractive investment option.

6. Uniswap (UNI)

Uniswap has seen notable price and market performance fluctuations over the past year. The token has experienced a 16% price increase in the last 12 months, trading above its 200-day simple moving average. Additionally, it has displayed a bullish trend with 15 green days out of the last 30, constituting a 50% positive trend.

UNI Price Chart

The highest price UNI has reached since its last cycle low is $9.74, marking a cycle high. Presently, sentiment analysis on Uniswap’s price prediction indicates a bullish outlook. This coincides with a Fear & Greed Index 71, showing a period of greed in the market sentiment.

Furthermore, crypto analysts foresee a potential resurgence, predicting a retest of $8 by February 2024. UNI’s success and future growth heavily rely on the platform’s capacity to sustain innovation and adaptability within the DeFi sector.

7. Optimism (OP)

Optimism recently gained traction following its inclusion on Coinbase’s futures trading platform. This move has sparked interest, setting the stage for potential significant price movements.

Forecasts indicate a projected Optimism (OP) price range between $3.20 and $4.53 throughout 2024. Moreover, the coin’s trajectory is underpinned by a burgeoning community and an expanding user base. This suggests a likelihood of substantial value appreciation in the upcoming year.

OP Price Chart

Furthermore, analysts anticipate a potential 20% spike. This is contingent upon the market’s response to recent developments, particularly Coinbase’s entry into futures trading for this cryptocurrency. Assessment of the sentiment surrounding Optimism’s price prediction leans towards a bullish outlook. Meanwhile, the Fear & Greed Index currently registers at 71 (Greed).

Additionally, trading activities indicate that it is above the 200-day simple moving average, showcasing a consistent upward trend. Furthermore, the coin has observed 16 positive trading days out of the last 30 (53%), highlighting a frequent pattern of gains.

Read More

Smog (SMOG) - Meme Coin With Rewards


Smog token
  • Airdrop Season One Live Now
  • Earn XP To Qualify For A Share Of $1 Million
  • Featured On Cointelegraph
  • Staking Rewards - 42% APY
  • 10% OTC Discount -
Smog token

Join Our Telegram channel to stay up to date on breaking news coverage

Read next