{"id":581407,"date":"2024-09-29T19:15:34","date_gmt":"2024-09-29T19:15:34","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=581407"},"modified":"2024-09-29T19:15:34","modified_gmt":"2024-09-29T19:15:34","slug":"best-cryptocurrencies-to-invest-in-right-now-september-29-xrp-vechain-bnb","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/best-cryptocurrencies-to-invest-in-right-now-september-29-xrp-vechain-bnb","title":{"rendered":"Best Cryptocurrencies to Invest in Right Now September 29 – XRP, VeChain, BNB"},"content":{"rendered":"

Bitcoin has surged to $65,747 at press time, reaching a two-month high and lifting the broader altcoin market along with it. With this momentum, many market participants are now eyeing the $70,000 level as the next target for Bitcoin. As a result, the altcoin market has seen widespread gains, with many tokens showing positive trends on their price charts. <\/span><\/p>\n

Investors are now looking for cryptocurrencies with strong growth potential, seeking to capitalize on these market shifts. This analysis will focus on identifying the <\/span>best cryptocurrencies to invest in right now<\/a> that could offer solid investment opportunities based on current trends and market behavior.<\/span><\/p>\n

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

XRP is currently priced at $0.6274, reflecting a 2.29% rise in the last 24 hours and a 6.12% increase over the past week. These upward movements have prompted some analysts to adopt a more optimistic outlook for the token. Meanwhile, VeChain’s mainnet has seen a significant uptick in activity, having processed over 1.4 million clauses so far. Additionally, Polkadot has displayed consistent growth in its market performance.<\/span><\/p>\n

1. XRP (XRP)<\/b><\/h3>\n

XRP has demonstrated resilience in the face of challenging market conditions, even as Ripple continues to sell significant amounts of XRP from its treasury. In September, Ripple sold 350 million XRP, a sizable figure that initially triggered a brief negative reaction in the market. However, the asset has since shown signs of recovery, sparking discussions of a potential breakout.<\/span><\/p>\n

Currently, XRP is priced at $0.6274, marking a 2.29% increase over the past 24 hours and a 6.12% gain over the week. These upward trends have led some analysts to adopt a positive outlook for XRP. Predictions of an impending “altcoin season” further reinforce the possibility of gains for XRP.<\/span><\/p>\n

\"XRP<\/p>\n

Although some experts maintain a bullish stance based on recent price movements and technical signals, it’s important to recognize the inherent risks in the crypto market due to its volatility. XRP has increased by 21% over the last year and is currently trading above the 200-day simple moving average, which is often viewed as a positive technical indicator. <\/span><\/p>\n

Additionally, XRP has experienced 17 green days in the past 30 days, accounting for 57% of the month. Its high liquidity, relative to its market cap, further supports its stability in the market. As XRP continues to trade within a relatively stable price range, investors are monitoring for potential breakout signals.<\/span><\/p>\n

2. Pepe Unchained (PEPU)<\/b><\/h3>\n

Pepe Unchained<\/span><\/a> has garnered attention in the crypto space by raising over $16 million during its presale phase. The project aims to provide faster and more affordable transactions, particularly targeting meme coin traders who value speed and cost efficiency. The project’s decentralized structure and growth potential have contributed to its appeal among investors.<\/span><\/p>\n