{"id":623324,"date":"2025-01-31T17:03:16","date_gmt":"2025-01-31T17:03:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=623324"},"modified":"2025-01-31T17:03:16","modified_gmt":"2025-01-31T17:03:16","slug":"5-best-altcoins-to-buy-now-january-31-dai-cronos-render","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-altcoins-to-buy-now-january-31-dai-cronos-render","title":{"rendered":"5 Best Altcoins to Buy Now January 31 \u2013 Dai, Cronos, Render"},"content":{"rendered":"

Ethereum, the second-largest cryptocurrency by market value, has historically followed a consistent pattern in February. Since its introduction in 2017, Ethereum’s price has closed positively every February except one. <\/span><\/p>\n

This recurring trend has led many crypto analysts to consider February a bullish period for Ethereum, often using it as an indicator for broader altcoin market trends.  In light of this, investors are searching for more affordable tokens to capitalize on the current market growth, particularly the <\/span>best altcoins to buy now.<\/span><\/p>\n

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

Dai (DAI), a stablecoin, continues to maintain its value close to $1, with its current price at $0.9999 and a slight daily growth of 0.03%. Meanwhile, Cronos has introduced a new betting platform called CroCrash, which can be accessed via crocrash.io. The Render Network has also announced various initiatives to increase its presence in artificial intelligence and decentralized rendering.<\/span><\/p>\n

Additionally, the Ethereum Name Service (ENS) has established itself as a notable player in the market, boasting 122,000 holders. On a different front, the MIND of Pepe project is emerging as a new cryptocurrency that combines the popular themes of AI agents and meme-based tokens. Finally, the <\/span>Nasdaq 100<\/span><\/a> commemorates its 40th anniversary, marking a significant milestone in its history.<\/span><\/p>\n

1. Dai (DAI)<\/b><\/h3>\n

Dai (DAI), a stablecoin, maintains a stable price close to $1, currently at $0.9999, with a slight daily increase of 0.03%. Its market cap is $5.36 billion, consistent with its fully diluted valuation. In the last 24 hours, DAI has seen a trading volume of $228.93 million, representing 4.3% of its market cap, indicating moderate trading activity. With a total supply of 5.36 billion DAI and no maximum supply limit, it remains a significant player in the stablecoin sector.<\/span><\/p>\n

\"DAI<\/p>\n

The Dai ecosystem has recently highlighted the benefits of saving with DAI, emphasizing that not all stablecoins are the same. They pointed out that DAI offers the highest 30-day APY among stablecoins with over $100 million in Total Value Locked (TVL) on the Base network, according to data from Vaults.fyi. This suggests that DAI could be preferable for those looking to earn interest on their stablecoin holdings.<\/span><\/p>\n

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Savings USDS has the highest 30-day APY among stablecoins with over $100M TVL on @Base<\/a>. <\/p>\n

Source: @vaultsfyi<\/a> pic.twitter.com\/i19lCvPaYm<\/a><\/p>\n

— Sky (@SkyEcosystem) January 28, 2025<\/a><\/p><\/blockquote>\n