{"id":478625,"date":"2024-02-06T21:31:15","date_gmt":"2024-02-06T21:31:15","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=478625"},"modified":"2024-02-06T21:31:15","modified_gmt":"2024-02-06T21:31:15","slug":"5-best-altcoins-to-invest-in-right-now-february-6-helium-ronin-conflux","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-altcoins-to-invest-in-right-now-february-6-helium-ronin-conflux","title":{"rendered":"5 Best Altcoins to Invest in Right Now February 6 \u2013 Helium, Ronin, Conflux"},"content":{"rendered":"

The market is inching closer to an upward trend, and altcoins offer a great opportunity to capitalize on the bulls. However, selecting the ideal altcoin for your portfolio demands thorough research. Hence, Insidebitcoins eases the process by spotlighting a selection of top-performing altcoins that merit investor attention.<\/span><\/p>\n

5 Best Altcoins to Invest in Right Now<\/b><\/h2>\n

As the market shifts towards a sustained green phase, particular tokens are attracting attention for their investment potential. Helium, Ronin, and Conflux are emerging as standout altcoins. These tokens are well-placed as portfolio contenders, showcasing distinctive attributes and promising market upsides.<\/span><\/p>\n

Following today’s happenings, <\/span>Gemini Trust Co<\/span><\/a> announced on Saturday that Genesis, a crypto lender, has filed a motion in the U.S. Bankruptcy Court seeking approval to sell trust assets. This motion also requests authorization to monetize its holdings in two Grayscale Ethereum trusts, which offer investors exposure to cryptocurrency.<\/span><\/p>\n

1. Helium (HNT)<\/b><\/h3>\n

Helium is actively surging in January, striving to reach the $8.00 mark. HNT experienced a bullish December 2023, driven by positive sentiments surrounding spot Bitcoin ETF approvals. Consequently, it resulted in an $800 million surge in HNT’s market capitalization since early December.<\/span><\/p>\n

Despite facing a sharp decline alongside other altcoins in January, HNT traded at $5.6166 on January 3. Afterward, it surged by 32.6% to $7.4518 on January 12. However, it dropped by 18.2% to $6.0899 on January 22 before rebounding by 30.2% to $7.9302 on January 29.<\/span><\/p>\n

\"HNT<\/p>\n

Furthermore, HNT has been on a steady market rise, topping 82% of the top 100 coins with a 147% increase. Moreover, it has consistently traded above its 200-day simple moving average. In addition, it recorded 16 green days out of the last 30, signaling a positive trend.<\/span><\/p>\n

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1\/ The first 2024 Hackathon is here! @HeliumFndn<\/a> is excited to sponsor Solana Scribes, @Solana<\/a>'s first-ever content hackathon. ✍🏼 Helium Track contributors get rewarded from a $15K pool. https:\/\/t.co\/8BuEfBnST6<\/a> pic.twitter.com\/kMNFP8g1j6<\/a><\/p>\n

— Helium🎈 (@helium) February 2, 2024<\/a><\/p><\/blockquote>\n