{"id":581262,"date":"2024-09-29T06:22:23","date_gmt":"2024-09-29T06:22:23","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=581262"},"modified":"2024-09-29T06:22:23","modified_gmt":"2024-09-29T06:22:23","slug":"6-best-altcoins-to-watch-today-september-28-stellar-thorchain-ethena-chainlink","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/6-best-altcoins-to-watch-today-september-28-stellar-thorchain-ethena-chainlink","title":{"rendered":"6 Best Altcoins To Watch Today September 28 \u2013 Stellar, THORChain, Ethena, Chainlink"},"content":{"rendered":"

Bitcoin has surged past $66,000, and Altcoin Buzz has analyzed the potential drivers for a push toward reclaiming the $70,000 mark. Experts point to the Federal Reserve’s recent interest rate cuts as a key influence, as lower rates tend to encourage investment in riskier assets like Bitcoin.<\/span><\/p>\n

According to Into The Cryptoverse (ITC), Solana is steadily recovering from a severe bear market that led to sharp declines in price and market capitalization. A chart from ITC shows that SOL’s dominance peaked near 4% during the 2021 bull run before dropping significantly in the months following. Other altcoins are also experiencing positive price movements. For those looking to capitalize on the current market optimism, here are the five best altcoins to watch today.<\/span><\/p>\n

6 Best Altcoins To Watch Today<\/b><\/h2>\n

Stellar (XLM) is a decentralized peer-to-peer network. THORChain has played a key role in helping various platforms generate significant passive income. Chainlink serves as a blockchain abstraction layer, allowing smart contracts to interact with external data sources. <\/span><\/p>\n

Pepe Unchained (PEPU) is gaining momentum in the crypto market thanks to its successful presale and innovative strategy for attracting developers. Binance founder <\/span>Changpeng Zhao<\/span><\/a> is set for release after four months.<\/span><\/p>\n

1. ETHW (Ethereum PoW)<\/b><\/h3>\n

ETHW trades at $2.86, marking a notable 21.77% increase over the past 24 hours. Year-to-date, the asset has gained 113%, surpassing 57% of the top 100 cryptocurrencies in terms of performance.<\/span><\/p>\n

Currently, ETHW is trading 28.74% above its 200-day Simple Moving Average (SMA) of $2.23, indicating a positive long-term trend. Additionally, the token has seen 18 out of 30 green days in the last month, representing 60% of the time with a relatively moderate volatility of 11.00%.<\/span><\/p>\n

\"ETHW<\/p>\n

Market sentiment around EthereumPoW is bullish, with the Fear & Greed Index showing a reading of 64, indicating greed. Meanwhile, predictions suggest a potential price rise of 231.95%, which could bring ETHW to $8.65 by October 28. Given the technical indicators, current market conditions may present a favorable entry point for potential investors.<\/span><\/p>\n

2. Stellar (XLM)<\/b><\/h3>\n

Stellar (XLM) is a decentralized, peer-to-peer network developed by the Stellar Development Foundation and launched in 2015. Its primary aim is to connect global financial systems by providing a reliable and low-cost protocol for payment providers and financial institutions. Stellar facilitates fast and secure transactions, enabling users to create, send, and trade various cryptocurrencies.<\/span><\/p>\n

\"XLM<\/p>\n

Stellar’s price stands at $0.100796, reflecting a 2.41% increase in the last 24 hours. The platform has shown strong liquidity relative to its market capitalization, indicating ease in trading. Over the past month, Stellar experienced 19 green days (63% of the time), where the closing price was higher than the opening.<\/span><\/p>\n

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This week, we're shining a spotlight on our Policy team's recent work on public blockchains. Stay tuned for insights on stablecoins, digital assets, and the future of finance. <\/p>\n

Kicking it off with our contribution to @StablecoinStnd<\/a>, exploring how public blockchains like Stellar…<\/p>\n

— Stellar (@StellarOrg) September 23, 2024<\/a><\/p><\/blockquote>\n