{"id":623420,"date":"2025-02-01T11:52:32","date_gmt":"2025-02-01T11:52:32","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=623420"},"modified":"2025-02-01T11:52:32","modified_gmt":"2025-02-01T11:52:32","slug":"top-crypto-to-invest-in-right-now-february-1-ethena-shiba-inu-qtum","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-crypto-to-invest-in-right-now-february-1-ethena-shiba-inu-qtum","title":{"rendered":"Top Crypto to Invest in Right Now February 1 – Ethena, Shiba Inu, Qtum"},"content":{"rendered":"

The cryptocurrency market continues to evolve, with growing speculation about a potential surge in 2025. Recent developments suggest increased investor confidence, particularly in the altcoin sector. As a result, many traders are searching for the <\/span>top crypto to invest in right now<\/a> to maximize potential gains.  <\/span><\/p>\n

Several altcoins have shown strong momentum, attracting attention for their unique use cases and market performance. Among the most promising picks, Ethena, Shiba Inu, and Qtum have demonstrated significant growth. These projects bring distinct advantages, from innovative blockchain solutions to widespread community support.<\/span><\/p>\n

Best Crypto to Buy Right Now<\/b><\/h2>\n

Qtum is currently valued at $4.12, marking a 40.97% surge in the last 24 hours. Flux has also seen an upward trend, reaching $0.5585 with an 8.38% increase over the same period. Meanwhile, SOLX has successfully raised over $16 million and provides a staking feature, allowing users to lock their tokens in exchange for rewards.<\/span><\/p>\n

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

Ethena is developing USDe, a synthetic dollar designed as a crypto-native alternative to traditional stablecoins. Unlike stablecoins backed by fiat reserves, USDe relies on a mix of crypto assets such as Ethereum (ETH) and Bitcoin (BTC) for collateral. The protocol also incorporates derivatives to help maintain stability. This approach aims to offer a decentralized and more accessible stablecoin solution.  <\/span><\/p>\n

At press time, ENA is exchanging hands at $0.7299, reflecting a 5.02% decrease in the last 24 hours. Its market activity shows a 24-hour volume-to-market cap ratio of 0.3972, indicating strong liquidity. The Fear & Greed Index stands at 68, signaling market greed. Despite a short-term price dip, predictions suggest a potential increase of 230.90%, possibly reaching $2.54 by March. <\/span><\/p>\n

\"ENA<\/p>\n

However, these forecasts depend on market conditions and investor sentiment. Ethena’s 30-day volatility is 16%, which is moderate for a crypto asset. This suggests that while price fluctuations occur, they are not extreme compared to other cryptocurrencies.  <\/span><\/p>\n

Ethena’s model combines elements of traditional finance with blockchain technology, aiming to create a more stable and efficient digital asset. While its growth potential exists, its success depends on market adoption and broader crypto trends.<\/span><\/p>\n

2. Qtum (QTUM)<\/b><\/h3>\n

Qtum is currently priced at $4.12, reflecting a 40.97% increase in the past 24 hours. Over the last week, it has surged by 38.58% and gained 25.63% in the past month. The 24-hour trading volume is $2.57 billion, with a market cap of $432.86 million, representing 0.01% of the total cryptocurrency market.  <\/span><\/p>\n

The token trades 33.52% above its 200-day simple moving average (SMA) of $3.07, which indicates strong price momentum over a longer period. Over the past month, Qtum has recorded 16 positive trading days out of 30, which suggests moderate consistency in price gains. <\/span><\/p>\n

\"QTUM<\/p>\n

Furthermore, the token’s liquidity, measured by its 5.91 volume-to-market cap ratio, suggests significant trading activity. Qtum’s inflation rate is 0.39%, lower than the 2% threshold, often considered stable. This controlled inflation helps maintain a predictable supply increase. The Relative Strength Index (RSI) is 43.26, indicating neutral market conditions, meaning the price is not overbought or oversold. <\/span><\/p>\n

This suggests potential sideways movement in the short term. Market predictions estimate a 14.90% increase in Qtum’s price, potentially reaching $4.78 by early March.<\/span><\/p>\n

3. Flux (FLUX)<\/b><\/h3>\n

Flux is a cryptocurrency that powers the Flux ecosystem, a platform focused on decentralized computing and Web3 development. The network rewards miners and node operators for providing computing power and serves multiple functions, including paying for services, securing network nodes, and processing transactions on FluxOS.<\/span><\/p>\n

\"FLUX<\/p>\n

Flux’s current price is $0.5585, reflecting an 8.38% increase in the last 24 hours. Market sentiment remains neutral, with the Fear & Greed Index at 68, indicating a slight tilt toward investor confidence. The 24-hour volume-to-market cap ratio is 0.3388, suggesting high liquidity relative to its market size.<\/span><\/p>\n

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Hang tight for new features coming soon! 🔥 https:\/\/t.co\/YZYcVmLueb<\/a><\/p>\n

— Flux I Decentralized Cloud (@RunOnFlux) January 27, 2025<\/a><\/p><\/blockquote>\n