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The recent downturn in the cryptocurrency market has impacted many altcoins, causing price fluctuations across the board. While several factors may contribute to this decline, it could also be part of a typical market cycle. For investors, such pullbacks often present opportunities to enter the market at lower prices.
Amid this volatility, certain altcoins stand out as strong contenders for potential growth, driven by emerging trends and developments. This analysis explores some of the best crypto to buy right now, focusing on projects with promising fundamentals and market positioning.
Best Crypto to Buy Right Now
NEAR Protocol has secured institutional backing by introducing the Laser Digital NEAR Adoption Fund to foster its ecosystem. Meanwhile, MultiversX has strengthened its position by partnering with Animoca Brands, a company recognized for contributing to blockchain gaming and digital assets. Additionally, MIND of Pepe has successfully raised over $6.9 million through its Initial Coin Offering (ICO) and is approaching the $7 million mark.
1. NEAR Protocol (NEAR)
NEAR Protocol has gained institutional support with the launch of the Laser Digital NEAR Adoption Fund. This fund offers long-term exposure to NEAR, the blockchain’s native token. It is powered by TruFin’s TruStake, allowing investors to participate in blockchain consensus and earn staking rewards.
The initiative allows institutional investors to engage with NEAR Protocol while supporting its adoption. NEAR is positioned as a key player in decentralized AI, and this fund could contribute to its growth. According to CoinMarketCap, NEAR is trading at $3.04, with the token’s price increasing by 0.34% in the last 24 hours.
NEAR’s liquidity appears strong based on its market cap. Its 24-hour volume-to-market cap ratio is 0.1242, indicating a relatively active trading market. The 14-day Relative Strength Index (RSI) is 57.86, suggesting neutral momentum and the possibility of sideways trading.
However, NEAR is currently 42.63% below its 200-day Simple Moving Average (SMA) of $5.33, indicating that it has yet to recover from past declines. Its 30-day volatility is 14%, which is relatively low, meaning price swings have been moderate.
If NEAR experiences significant developments, projections suggest a potential 9.56% increase, reaching $3.26 within the next month. While the fund could enhance institutional adoption, market conditions and blockchain advancements will influence NEAR’s long-term performance.
2. MultiversX (EGLD)
MultiversX is a blockchain network designed for scalability, efficiency, and affordability. The platform uses sharding, which divides network resources to process transactions faster. Unlike traditional blockchains, which can slow down with high activity, MultiversX distributes workload across multiple layers, allowing it to handle up to 100,000 transactions per second with a low fee of $0.002 per transaction.
The project aims to support decentralized finance, digital assets, and the Metaverse. Its recent collaboration with Animoca Brands, known for its involvement in blockchain gaming and digital assets, strengthens this goal. Animoca Brands plans to contribute infrastructure services and funding to help businesses transition to blockchain-based operations.
Additionally, it is exploring the possibility of launching digital collectibles and NFTs on the MultiversX network. Following this partnership, the EGLD token, used within the MultiversX ecosystem, experienced a 2.21% price increase, trading at $21.53.
MultiversX 🤝 @animocabrands
The leading investment firm and development studio gets involved in the ecosystem with infrastructure services and capital resources, while looking to embed MultiversX's capabilities into its products and ventures. pic.twitter.com/zJTKpzPvg3
— Multiversᕽ (@MultiversX) February 26, 2025
Its 24-hour trading volume compared to market capitalization is 0.1061, indicating a relatively active market. The token’s performance remains positive compared to its initial sale price. This positive market performance places EGLD among the best crypto to buy right now.
3. MIND of Pepe (MIND)
MIND of Pepe is an AI-powered cryptocurrency project built on Ethereum. It recently raised over $6.9 million through its Initial Coin Offering (ICO) and is nearing the $7 million milestone. Investors can buy MIND tokens at $0.0034128, though the price will increase in less than 48 hours as the next funding stage begins.
The project combines artificial intelligence with social media engagement. Its AI tracks trends, interacts with influencers, and analyzes meme coin markets. By processing large amounts of data, MIND aims to provide insights that help investors make informed decisions.
Furthermore, MIND also offers a staking system where users lock up tokens to earn rewards. Early participants see higher returns, currently estimated at 329% annually. As more investors join, rewards gradually decrease. This approach encourages early adoption while distributing tokens over time. Over 1 billion tokens have already been staked.
4. Pi (PI)
Pi Network is a digital currency and blockchain ecosystem designed for ease of use. It allows users to mine and trade Pi through a mobile-friendly platform. The project aims to make cryptocurrency more accessible while supporting applications within its network.
Recently, Pi Network’s price increased by 52% in 24 hours, reaching $2.74. Trading volume also surged by 428% to $3 billion, showing strong market activity. The PI token has been following an upward trend, with analysts predicting it may continue rising toward $3.00. Despite this growth, the Fear & Greed Index indicates extreme fear in the market, suggesting cautious investor sentiment.
A key metric, the 24-hour volume-to-market cap ratio, stands at 0.3398. This ratio suggests high liquidity, meaning there is active buying and selling relative to its market cap. Liquidity is important for efficient trading, as it reduces the risk of price manipulation.
Pi Network’s ecosystem is still developing, and its long-term viability depends on wider adoption and utility. While recent price movements indicate growing interest, market conditions remain unpredictable.
5. Render (RENDER)
Render is currently trading at $3.86, with a 24-hour trading volume of $196.75 million and a market cap of $1.51 billion. The token’s price increased by 4.74% in the last 24 hours. Its market dominance is 0.05%, indicating a relatively small share of the overall cryptocurrency market.
The asset is trading near its cycle high, with a 24-hour volume-to-market cap ratio of 0.1303, suggesting moderate liquidity. The 14-day Relative Strength Index (RSI) is 44.62, which indicates neutral momentum. This suggests the price may move sideways in the short term. Over the last 30 days, volatility remains low at 14%, implying that the token has experienced relatively stable price movements.
Render Network operates as a decentralized platform that connects digital artists with GPU owners who offer their computing power. This system allows creators to access high-performance rendering services without purchasing expensive hardware. By functioning as a distributed marketplace, the network provides an efficient way for artists to complete rendering tasks.
Since its launch, the network has processed millions of frames and continues to expand its reach. It supports a diverse community of digital creators, particularly in Web3 and artificial intelligence. The project aims to make rendering more accessible by leveraging distributed computing resources. With its growing adoption, the network remains a relevant solution for those requiring GPU-intensive tasks without investing in costly infrastructure.
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