{"id":592853,"date":"2024-10-29T19:19:53","date_gmt":"2024-10-29T19:19:53","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=592853"},"modified":"2024-10-29T19:19:53","modified_gmt":"2024-10-29T19:19:53","slug":"5-best-altcoins-to-buy-now-october-29-ethena-bitcoin-sv-thorchain-sui","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-altcoins-to-buy-now-october-29-ethena-bitcoin-sv-thorchain-sui","title":{"rendered":"5 Best Altcoins to Buy Now October 29 \u2013 Ethena, Bitcoin SV, THORChain, Sui"},"content":{"rendered":"

The crypto market is showing renewed strength, with current net inflows mirroring those seen during the market surge in February, suggesting that a comparable upswing could be approaching. In February, prices rose significantly, and a similar pattern might be unfolding now. <\/span><\/p>\n

With increasing capital moving into Bitcoin and altcoins, the market could be setting up for another breakout. Experts indicate that external conditions appear supportive, and if this trend holds, Bitcoin might hit $100k, with altcoins potentially gaining from the increased momentum. In light of this, investors are searching for affordable tokens, particularly the <\/span>best altcoins to buy now.<\/span><\/p>\n

5 Best Altcoins to Buy Now <\/b><\/h2>\n

Ethena (ENA) is currently priced at 0.384922, marking a 13.89% increase in the last 24 hours. Bitcoin SV (BSV) has recently caught the interest of short-term investors and traders due to its price moving above $50, accompanied by considerable volatility. Thorchain’s token, RUNE, is showing strong performance today with a 5.50% price rise and a significant 99.42% surge in trading volume.<\/span><\/p>\n

Sui Crypto’s value is at 1.893078, reflecting a 9.7% gain over the past 24 hours. Pepe Unchained (PEPU) has gained traction within the cryptocurrency community, standing out as one of the fastest-growing presales of 2024. Meanwhile, <\/span>Bitcoin has surged to over $70,000<\/span><\/a> for the first time since June as investors closely watch upcoming earnings.<\/span><\/p>\n

1. Ethena (ENA)<\/b><\/h3>\n

Ethena (ENA) is currently valued at 0.384922, reflecting a 13.89% increase in the past 24 hours. This recent price movement has resulted in a high 24-hour volume-to-market-cap ratio of 0.5107, which signals notable liquidity based on the token’s market cap.<\/span><\/p>\n

\"ENA<\/p>\n

As of October 29, 2024, the general sentiment for Ethena’s price prediction is neutral. Sixteen technical indicators currently show bullish signals, while eight show bearish ones. This balance suggests that market dynamics could continue to influence price movement in either direction.<\/span><\/p>\n

Forecasts for November suggest the positive trend may continue, with prices potentially reaching a high of 1.444115. The expected trading range for ENA is from 1.122966 to 1.712649, reflecting last month’s performance. If this upward trend holds, investors might see a return of up to 345.36%.<\/span><\/p>\n

2. Bitcoin SV (BSV)<\/b><\/h3>\n

Bitcoin SV (BSV) recently attracted increased attention from short-term investors and traders as its price moved past $50, showing high levels of volatility. Currently, BSV has risen by 17% within the last 24 hours, trading at $52.95 with a market cap of $1.05 billion, placing it as the 67th-largest cryptocurrency. Its daily trading volume surged by 215% to reach $93 million, reflecting heightened trading activity.<\/span><\/p>\n

BSV’s recent price increase is partly aligned with the broader crypto market rally, with total market capitalization reaching $2.5 trillion. Bitcoin (BTC), for instance, rose to $71,000, its highest since June.<\/span><\/p>\n

\"BSV<\/p>\n

In addition to the price rise, open interest in BSV saw a notable 63% jump, from $7.6 million to $12.4 million over the past day. This increase in open interest, alongside rising trading volumes, suggests a heightened interest in BSV among traders. Many appear to be speculating on short-term gains, particularly as some anticipate a potential price decline.<\/span><\/p>\n

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Meet the BSV Blockchain’s SPV Wallet! Using Merkle proofs, SPV Wallets offer a seamless way to verify transactions without heavy-duty node software. Save time, save costs, and elevate your business! #BlockchainTech<\/a> #BSVWallet<\/a> #DigitalFinance<\/a> pic.twitter.com\/lPwMgL7R29<\/a><\/p>\n

— BSV Blockchain (@BSVBlockchain) October 25, 2024<\/a><\/p><\/blockquote>\n