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Studying the crypto market shows that the altcoin season is gradually taking shape. Expert analysis reveals that many altcoins are showing an upward trend, with several digital assets experiencing daily price increases.
The data also suggests that the current bullish momentum in the altcoin market could grow stronger. According to expert analysis, this period might signal an improved market outlook for altcoins. Following this, many investors feel optimistic about the potential gains and actively seek the best cryptocurrencies to invest in right now. This sentiment is driven by the belief that the market may continue to strengthen in the coming months, presenting growth opportunities.
Best Cryptocurrencies to Invest in Right Now
Solana boasts strong liquidity and consistent market activity. Volatility Shares, a leading asset manager known for innovative ETFs, has filed for three exchange-traded funds (ETFs) tied to Solana (SOL) futures contracts. Meanwhile, Wall Street Pepe has achieved impressive milestones early in its presale. In just four weeks, the project raised over $38.5 million, a rare achievement in the industry. The meme coin market has grown substantially, with tokens such as PEPE recording significant whale activity.
1. Pepe (PEPE)
Pepe (PEPE), the third-largest meme coin by market capitalization, has recently caught the crypto community’s attention with its impressive price action. On December 1, 2024, a crypto expert on X (formerly Twitter) highlighted PEPE’s promising movements, pointing out a breakout from a bullish flag-and-pole pattern on a six-hour chart.
This technical breakthrough has sparked optimism among investors, with predictions suggesting a potential 75% price surge. If this forecast proves accurate, PEPE could rise from its current price of $0.00001962 to $0.0000375 in the coming weeks. The token’s recent consolidation phase seems to end, paving the way for renewed upward momentum.
Adding to the excitement, PEPE’s price and trading volume have notably increased. According to CoinMarketCap, PEPE’s price is up 5.85% in the last 24 hours, while trading activity has surged by an impressive 143.76%, reflecting heightened market interest.
(I’m just a frog after all) https://t.co/uw9IeCjgtY pic.twitter.com/CyknUjNRaV
— pepe (@pepe) December 31, 2024
On-chain data from Coinglass further supports this bullish outlook. Between November 16 and November 30, 2024, exchanges recorded outflows of $341.5 million worth of PEPE. This trend suggests that investors, particularly whales, are moving assets into private wallets—typically a sign of confidence in the token’s future.
The significant whale activity underscores the growing interest in PEPE, hinting at expectations of further price gains. Often equipped with advanced market insights, whales tend to act ahead of major bullish trends.
2. DeXe (DEXE)
DeXe, the native token of the DeXe network, powers a decentralized social trading platform that simplifies cryptocurrency investing. By allowing traders to create and share portfolios, DeXe makes it easy for less experienced investors to follow and replicate the strategies of top-performing traders. Its emphasis on decentralized asset management and social trading creates an accessible gateway to the crypto market, even for those without advanced technical skills.
What truly sets DeXe apart is its innovative blend of social trading and decentralized portfolio management. This unique combination has attracted a loyal community and formed strategic partnerships with leading blockchain ecosystems. While currently a mid-tier project by market capitalization, DeXe’s consistent development and growing adoption signal a promising future.
🔥DeXe 2024 Wrap-Up 🔥
As 2024 approaches, DeXe Protocol celebrates a monumental year of growth and innovation! 🚀
📝 We have prepared a detailed review of all our achievements and strategic milestones, where we also outlining our vision for the upcoming year
🔗 Check out the… pic.twitter.com/CVkSM94WXl
— DeXe Protocol (@DexeNetwork) December 31, 2024
As of press time, the DeXe token (DEXE) is priced at $14.90, marking an impressive 15.02% increase in the past day. Over the last year, the token has grown by 62.79%, outperforming 87% of top crypto assets, highlighting its rising popularity. This growth is reflected across its weekly, monthly, and yearly charts, showing strong performance trends.
Additionally, DeXe has recorded 19 green days in the last 30 days and is trading above its 200-day simple moving average, further underscoring its solid performance. With a market cap of $851.04 million, there is still significant room for growth, especially as social trading continues to gain traction in the crypto industry.
3. Solana (SOL)
The cryptocurrency market is buzzing with excitement following news that Volatility Shares, a leading asset manager known for innovative ETFs, has filed for three exchange-traded funds (ETFs) tied to Solana (SOL) futures contracts. This move could mark a significant shift in the regulatory and investment landscape for digital assets, sparking fresh interest in Solana’s potential.
Solana has already established itself as a major player in the crypto world thanks to its high-performance blockchain and thriving DeFi and NFT ecosystems. If approved, introducing Solana futures ETFs could attract significant institutional investment and further solidify Solana’s position in the market. Such a development could also pave the way for sustained demand for Solana-related products, potentially fueling a bullish trend.
Despite recent challenges, SOL has shown resilience. While its price has fallen 18.25% this month, it is currently trading at $193.87, marking a modest 1.20% growth over the past week. Over the last year, SOL’s price has surged by an impressive 85%, outperforming 66% of the top 100 cryptocurrencies, including Bitcoin and Ethereum.
Bitcoin 🤝 Solana https://t.co/6uLfZ6BJq1
— Solana (@solana) December 30, 2024
Solana also boasts strong liquidity and consistent market activity. Its market capitalization is a remarkable $93 billion, with a daily trading volume of $3.49 billion. Notably, SOL trades 9.29% above its 200-day simple moving average of $176.72, reflecting steady upward momentum.
4. Wall Street Pepe (WEPE)
Wall Street Pepe has quickly achieved impressive milestones early in its presale. In just four weeks, the project raised over $38.5 million, a rare achievement in the industry. Wall Street Pepe blends the humor and charm of meme coins with practical utility while offering access to an exclusive private community for token holders. The project aims to empower smaller investors, carving a unique space in the financial sector.
Inspired by movements like Wall Street Bets, Wall Street Pepe takes a bold, community-first approach to challenge traditional market influencers, including institutional investors and insider groups. Its features, like staking and simplified purchasing options (via crypto or card), make it more inclusive and accessible to a broader audience of investors.
One of Wall Street Pepe’s standout features is its generous annual percentage yield (APY) of 35%. With over 22.9 billion $WEPE tokens already staked, the staking pool is filling up quickly. Early adopters benefit from higher returns, creating strong incentives to join early while supporting the project’s long-term stability.
The staking mechanism rewards individual participants and strengthens the project’s overall ecosystem. Adding to its appeal, Wall Street Pepe benefits from the rising popularity of meme coins and endorsements from influential figures like Elon Musk, whose tweets have fueled excitement for Pepe-themed projects.
Currently priced at $0.0003662, Wall Street Pepe offers an attractive entry point for new investors. However, its dynamic pricing model means this price will increase soon. Security is a key focus, with a Coinsult audit confirming the token’s reliability. Additionally, its well-thought-out tokenomics inspires trust and ensures long-term sustainability for the project.
5. Goatseus Maximus (GOAT)
Goatseus Maximus (GOAT) has been gaining significant traction in the cryptocurrency world thanks to strong community support and high-profile endorsements, such as from Arthur Hayes, the co-founder of BitMEX. Hayes has predicted that GOAT’s value could increase tenfold, which sparked a 55% surge in just 24 hours, driving its price up to $0.6442 in October.
Although the token has experienced a slight decline over the past month, it remains a solid investment option, thanks to several positive factors—both technical and social. Currently priced at $0.4372, the token has seen a 2.18% drop in the last 24 hours. However, trading volume has increased by 22.63%, indicating strong interest from investors.
Since its launch, GOAT has delivered an impressive 346.39% gain, showing consistent growth since October. To maintain its upward momentum, GOAT must hold support at $0.450. If it fails to do so, the price could fall to $0.166, potentially ending any short-term bullish trend.
Recent exchange listings have further enhanced GOAT’s appeal. On December 12, the token was listed on Kraken, followed by listings on Kamino and OKX. These moves have increased visibility and accessibility, attracting more trading activity and boosting investor confidence.
Goatseus Maximus has quickly established itself in the meme coin market. With notable endorsements, whale investments, and a growing presence on major exchanges, GOAT is a token with strong potential for future growth.
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