{"id":609598,"date":"2024-12-12T14:25:43","date_gmt":"2024-12-12T14:25:43","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=609598"},"modified":"2024-12-12T14:25:43","modified_gmt":"2024-12-12T14:25:43","slug":"6-best-altcoins-to-invest-in-today-december-12-polkadot-pancakeswap-near-protocol-io-net","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/6-best-altcoins-to-invest-in-today-december-12-polkadot-pancakeswap-near-protocol-io-net","title":{"rendered":"6 Best Altcoins To Invest In Today December 12 \u2013 Polkadot, PancakeSwap, NEAR Protocol, io.net"},"content":{"rendered":"

As Bitcoin hits a new all-time high (ATH), the altcoin market is gaining significant momentum. Global interest in altcoins is surging, with search trends reflecting this growing attention. According to Google Trends, searches for “altcoins” reached the highest possible popularity score of 100 in the first few days of December.<\/span><\/p>\n

Looking at historical patterns, search interest in altcoins spiked notably in November, peaking at a score of 93 before dropping to 56 mid-month. This fluctuation followed the announcement of Donald Trump’s presidential victory on 5 November, coinciding with Bitcoin’s all-time high. With altcoins printing price rallies, investors are searching for the <\/span>best altcoins to invest in today.<\/span><\/p>\n

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

The cryptocurrency market is seeing notable activity, with several tokens drawing attention despite a general market slowdown. Artificial Superintelligence Alliance (FET) has emerged as a key player among AI-focused tokens. Polkadot (DOT) has shown consistent growth, trading at 9.28, an increase of 8.78% over the last 24 hours. PancakeSwap (CAKE) trades at 3.67, reflecting a 7.71% gain within the same period.<\/span><\/p>\n

Flockerz ($FLOCK) continues to attract interest even as the broader market stabilizes. NEAR Protocol (NEAR) has also performed well, with its price climbing to 7.20, marking an impressive daily gain of 10.86%. Additionally, IO.net has seen significant growth, priced at 4.32 after a substantial 17.33% increase over the past day. Moreover, the crypto market appears to be regaining momentum, with <\/span>Bitcoin climbing back to the 100,000 mark<\/span><\/a>, fueled by the release of November’s inflation data.<\/span><\/p>\n

1. Artificial Superintelligence Alliance (FET)<\/b><\/h3>\n

Artificial Superintelligence Alliance (FET) is gaining significant attention in the cryptocurrency market as one of the leading AI-focused tokens. Despite its current downward trend, increasing trading activity indicates the possibility of an imminent breakout. Analysts closely monitor its price movement, which suggests potential for significant growth shortly.<\/span><\/p>\n

\"FET<\/p>\n

The FET token is ranked as the fifth-largest AI coin by market capitalization. CoinMarketCap’s 24-hour trading volume recently rose by 44% to $482 million. This surge in activity has sparked predictions of a retest of the $2 price level in the coming days. <\/span><\/p>\n

\"FET<\/p>\n

Crypto analyst Crypto Kindle believes surpassing the $2.10 resistance level could open the door for further growth. A long-term rise toward $20 is possible, although several resistance zones must be overcome to reach this level.<\/span><\/p>\n

2. Polkadot (DOT)<\/b><\/h3>\n

Polkadot (DOT) has demonstrated steady growth recently, reflected in its current trading price of $9.28, marking an 8.78% increase over the past day. Its market capitalization is $14.17 billion, supported by a 24-hour trading volume of $1.02 billion, indicating strong liquidity. The Vol\/Mkt Cap ratio of 7.25% further underscores active trading activity.<\/span><\/p>\n

\"DOT<\/p>\n

Over the past year, Polkadot’s value has risen by 36%, showcasing its resilience in a volatile market. The token trades significantly above its 200-day simple moving average (SMA) of $5.95, with a 56.04% premium, suggesting a positive long-term trend. Additionally, it has recorded 16 green days in the past 30 days, accounting for 53% of the period, which reflects consistent performance.<\/span><\/p>\n

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Spotlight on Hyperbridge<\/p>\n

Imagine a multi-chain universe where assets + data move trustlessly across networks with near-instant confirmation, all without relying on a committee of trusted parties 💭<\/p>\n

Hyperbridge—the first trustless, verifiable bridge—makes it possible.… pic.twitter.com\/gQBMTfNmVK<\/a><\/p>\n

— Polkadot (@Polkadot) December 11, 2024<\/a><\/p><\/blockquote>\n