Join Our Telegram channel to stay up to date on breaking news coverage
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
Since the presidential election in November, many investors have made good gains from the crypto market. During his campaign, Donald Trump’s support for digital assets has even made some Wall Street analysts remain optimistic about significant gains for traders.
Immutable X entered a recent partnership with DogLibre, a project focused on integrating blockchain technology with real-world applications. This collaboration aims to merge blockchain gaming, AI-driven transparency, and dog rescue initiatives, expanding the real-world use cases of blockchain technology. Meanwhile, the Best Wallet is preparing to launch its token shortly.
1. Bitcoin SV (BSV)
Bitcoin SV (BSV) continues to generate interest within the cryptocurrency market. Over the past 24 hours, its price has climbed by 3%, now trading at $34.52. With a market capitalization of $672.15 million and a daily trading volume of $43.93 million, BSV maintains solid liquidity, reinforcing its position as a notable asset in the digital currency space.
Over the past month, BSV has experienced a 6.32% decline. However, analysts are optimistic about its potential rebound in March. Forecasts suggest a strong recovery, with BSV possibly reaching a peak of $42.23 while maintaining an average price of around $39.36. Despite the current dip, its solid investor base and historical market trends point toward a bullish shift in the near future.
One key factor contributing to BSV’s resilience is its strong community support. With over 95,000 holders, the project enjoys widespread backing. Despite posting a 3% weekly gain, its market capitalization has decreased slightly by 1.75%. Currently, market sentiment remains cautious, with the Fear & Greed Index sitting at 30, reflecting an overall sense of fear among investors.
The world is no longer asking if blockchain is the answer, but how fast it can be adopted.
Swipe for more #WEF25 insights & click the links below to hear how #blockchain is shaping business.
FT Live webinar: https://t.co/bZkFfZB0Xd
Davos Daily Show: https://t.co/xXmKmAWgmT
— BSV Blockchain (@BSVBlockchain) March 20, 2025
From a technical perspective, BSV is trading 18.27% below its 200-day simple moving average (SMA) of $41.50. If buying pressure increases, this could lead to a potential breakout. Furthermore, the 14-day Relative Strength Index (RSI) is at 39.21, signaling a neutral market stance. Additionally, the asset boasts a high liquidity ratio of 0.1513, reinforcing its potential for continued market activity.
Analysts predict that by April 2025, BSV could see a significant uptrend, with expectations of a 45% increase. If these projections hold, BSV could climb to $50.05, with a minimum expected value of $42.20 and an average trading price of $46.46. For long-term traders, this presents a compelling opportunity to benefit from a potential bullish phase as market conditions improve.
2. Bittensor (TAO)
As the broader cryptocurrency market begins to recover, altcoins like Bittensor (TAO) are seeing renewed investor interest. Despite a challenging few months, recent weekly gains and improving market dynamics suggest that TAO may be on the verge of a significant comeback.
On the weekly chart, TAO has formed a double-bottom pattern after a prolonged downtrend. The decline began in early December 2024, when TAO failed to surpass the $743 resistance level. Since then, the token has undergone a steep 70% correction, revisiting the $212 support level. However, this recent stabilization marks the second bottom of the pattern, a formation historically linked to trend reversals.
Currently, TAO has bounced back to $253, signaling a possible shift in momentum. Additionally, the Moving Average Convergence Divergence (MACD) indicator is showing signs of a bullish crossover, further reinforcing the likelihood of a continued upward trend. Historically, similar patterns have preceded significant price recoveries, making this an exciting development for traders.
If the rally gains strength, the next key resistance level sits at the 50-day moving average (MA) of $413. A breakout above this threshold would confirm a trend reversal and could propel TAO toward reclaiming the $743 resistance level in the near future.
3. Best Wallet Token (BEST)
Best Wallet ($BEST) is making a name for itself in the Web3 wallet space, attracting strong investor interest with its ongoing presale. The project has already raised over $11.3 million, signaling confidence in its potential. This surge in support can be largely attributed to its standout feature—the “Upcoming Tokens” project screener.
Those who followed Best Wallet’s insights and held onto $PEPU have enjoyed impressive gains, with the token soaring by 203% as of January 2. This track record has reinforced trust in Best Wallet’s capabilities, leading to a fresh wave of investment. In just the past five days, the project has secured over $500,000 in new funds, further driving up participation in its presale.
What Are Layer 0 Blockchains & Why Do They Matter? 🔎
Blockchains operate on different layers. Layer 1 blockchains like Bitcoin, Ethereum, and Solana handle transactions and security, but they often face issues with scalability and interoperability. Layer 0 solves this.
Layer 0… pic.twitter.com/a9RMrqwRjg
— Best Wallet (@BestWalletHQ) March 23, 2025
Currently, $BEST is available at $0.02445 per token, but this price won’t last long. With the presale advancing rapidly, the cost is set to rise in the next phase, offering an incentive for early buyers to secure their holdings at a lower rate.
Beyond its presale momentum, Best Wallet sets itself apart with powerful integrations. The platform connects to more than 200 decentralized protocols and supports over 20 cross-chain bridges, ensuring users always get the best transaction pricing. This level of functionality positions Best Wallet as one of the most efficient crypto wallets available today.
The project aims to simplify blockchain transactions, making cryptocurrency more accessible to a wider audience. By holding $BEST, investors gain more than just a token—they become part of a vision dedicated to seamless crypto adoption and enhanced DeFi accessibility.
Purchasing $BEST is simple. Investors can acquire it directly from the Best Wallet website using a seamless, user-friendly interface. The process supports crypto wallet connections, while the Best Wallet app further improves accessibility by allowing purchases through bank cards or crypto swaps using ETH and USDT.
4. Sonic (prev. FTM) (S)
Sonic has rapidly emerged as a top blockchain network, offering advanced solutions for decentralized finance (DeFi). With speeds of up to 10,000 transactions per second and near-instant finality, Sonic provides one of the most competitive infrastructures available today, outperforming many existing blockchain platforms.
Previously known as FTM, Sonic’s token is currently valued at $0.5386, reflecting an 8.34% price surge over the past week. Its market capitalization has also seen an uptick of 5.19%, reaching $1.55 billion, while daily trading volume has soared by 41.75% to $116.51 million. Despite these gains, market sentiment remains neutral, with the Fear & Greed Index standing at 30, indicating a cautious investor environment.
Sonic has delivered solid returns since its inception, performing well against major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). Its high liquidity ensures smooth trading and reduced volatility, making it an attractive option for both short-term traders and long-term investors. Moreover, its 14-day RSI of 55.90 indicates a stable market position, reducing the likelihood of dramatic price swings in the near term.
⭐ Sonic Points Update
We're boosting the USDC.e multiplier to 6x and whitelisting new assets:
— aUSDC
— bUSDC.e-20Plus, we're making points display 1000x smaller. Rest assured, your points are worth the same, just with a cleaner look! pic.twitter.com/EclkO9YYyE
— Sonic Labs (@SonicLabs) March 22, 2025
Analysts predict a moderate increase of 2.38% in Sonic’s price by the end of March. While significant short-term rallies may not be imminent, Sonic’s strong market positioning, high trading volume, and solid fundamentals make it a promising investment option for those seeking stability and long-term growth.
5. Immutable X (IMX)
Immutable X is gaining recognition as a leading Ethereum Layer-2 scaling solution. By leveraging zk-rollup technology, Immutable X offers lightning-fast transactions without gas fees, making it an attractive platform for developers in the NFT and Web3 gaming space.
The IMX token plays a vital role in powering the network, allowing users to trade, create, and mint NFTs with ease. By eliminating congestion and reducing transaction costs, Immutable X enhances Ethereum’s capabilities, providing a seamless experience for developers and users alike.
Over the past week, IMX has seen a notable price increase of 7.01%. Its market capitalization has grown by approximately 7.5%, reaching $1.05 billion. As a result, IMX now ranks as the 62nd-largest cryptocurrency by market cap. More than 50% of its total 2 billion token supply is already in circulation, pushing its fully diluted valuation to $1.17 billion.
A major development for Immutable X is its recent partnership with DogLibre, a project focused on integrating blockchain technology with real-world applications. This collaboration aims to merge blockchain gaming, AI-driven transparency, and dog rescue initiatives, expanding the real-world use cases of blockchain technology.
Read More
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
