{"id":481404,"date":"2024-02-17T06:47:12","date_gmt":"2024-02-17T06:47:12","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=481404"},"modified":"2024-02-17T06:47:12","modified_gmt":"2024-02-17T06:47:12","slug":"5-best-altcoins-to-invest-in-right-now-february-16-stacks-helium-jupiter","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-altcoins-to-invest-in-right-now-february-16-stacks-helium-jupiter","title":{"rendered":"5 Best Altcoins to Invest in Right Now February 16 \u2013 Stacks, Helium, Jupiter"},"content":{"rendered":"

Traders are adding promising tokens to their portfolio, as the Fear&Greed index is close to its all-time high. With the big market players out of reach, altcoins offer investment opportunities to capitalize on the ongoing upward trends.<\/span><\/p>\n

Nonetheless, effectively choosing the right altcoin for one’s portfolio requires commitment and thorough research. Hence, this article pinpoints several standout altcoins that investors should contemplate, aiming to simplify this selection process.<\/span><\/p>\n

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

With the altcoin season drawing close, Stacks, Helium, and Jupiter stand out, offering distinctive attributes and promising market outlooks. Moreover, Bitcoin briefly surpassed $52,000, reclaiming a <\/span>market capitalization<\/span><\/a> of over $1 trillion. This news has rekindled optimism in the altcoins camp as investors actively update their portfolios.<\/span><\/p>\n

1. Stacks (STX)<\/b><\/h3>\n

The Stacks ecosystem has reached another all-time high (ATH) in Total Value Locked (TVL). This feat indicates growing confidence from users and developers in the ecosystem. Moreover, the number of core contributors to the ecosystem has significantly increased over the past few weeks. This growth signifies a surge in interest and participation, drawing investors’ attention to its native token, STX.<\/span><\/p>\n

In just two months, the total cumulative number of $STX wallets has risen by over 20%. This reflects a significant influx of new users and traders exploring the Stacks network. Furthermore, Ortegexyz has integrated with Stacks to empower builders and developers with enhanced data capabilities. The aim is to meet the increasing demand for Bitcoin layer data and insights. Notably, this move comes amidst the rapid expansion of Bitcoin DeFi, highlighting the need for robust data solutions.<\/span><\/p>\n

\"STX<\/p>\n

Meanwhile, STX has grown remarkably, climbing from around #60 to #34 in the coin market cap rankings within a year. Building on this growth, it has surpassed numerous well-known tokens. Therefore, Experts anticipate further ascent, projecting a potential entry into the top 20 around the BTC halving. This is driven by Bitcoin Layer 2 narratives and escalating fees on Layer 1 networks.<\/span><\/p>\n

Equally, with the upcoming bull market, the “Bestseller Effect” is expected to drive more coin accumulation with growing investors’ interests. In addition, further ecosystem expansion within the Stacks network is expected.<\/span><\/p>\n

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New: @ortegexyz is integrating Stacks to bring the power of data to builders & developers 🟧<\/p>\n

As demand for Bitcoin layer data & insights continues to grow, especially with the rapid expansion of Bitcoin DeFi, so does a critical need for robust data solutions.<\/p>\n

Learn more 👇1\/2 pic.twitter.com\/Ymo48emf8e<\/a><\/p>\n

— stacks.btc (@Stacks) February 12, 2024<\/a><\/p><\/blockquote>\n