Bitcoin has reached a new all-time high (ATH) of $88,600.71, marking a 9.06% increase in just the past 24 hours. This surge reflects strong investor confidence and rising buying pressure, which is helping drive the overall crypto market towards growth.
As Bitcoin’s dominance stabilizes, there are indications that the altcoin market could be poised for a significant breakout. Historically, altcoins tend to experience rapid price increases following Bitcoin’s new ATHs during previous bull cycles. In light of this, investors are searching for affordable tokens to capitalize on the forecasted market growth, particularly the best altcoins to buy now.
5 Best Altcoins to Buy Now
Binance is set to upgrade the Filecoin network, which is expected to occur at block height 4,461,240 around 23:00 UTC. The Artificial Superintelligence Alliance (FET) has demonstrated strong growth in the cryptocurrency market. Stacks (STX) is currently valued at 2.18, showing a 6.42% increase over the last 24 hours.
Flockerz ($FLOCK) has gained significant attention from investors despite Bitcoin continuing to dominate the broader crypto conversation. Solana (SOL) is trading at 223.14, reflecting a solid 7.39% rise in the past day. Meanwhile, Bitcoin has achieved another milestone, while crypto stocks continue to climb amid a post-election market rally.
1. Filecoin (FIL)
Binance has planned a network upgrade for Filecoin, which is anticipated to take place at block height 4,461,240 around 23:00 UTC. During this time, Binance will temporarily pause deposits and FIL withdrawals. However, trading will continue as usual. Binance has assured its users that all technical requirements for the upgrade will be managed internally. This approach aims to make the transition seamless for users.
As is typical with significant network upgrades, pausing deposits and withdrawals helps ensure both stability and security. Binance will reopen these services once the network is confirmed stable. No further announcements are expected regarding the reopening.
🚨 JUST IN at #FILBangkok: Akave secures a whopping $3.45M in pre-seed funding.
Akave is your gateway to #Filecoin storage—secure, decentralized, and ready to empower the next wave of data management! https://t.co/3kSUQS3cYH
— Filecoin (@Filecoin) November 11, 2024
One notable factor supporting this outlook is the stability of Filecoin’s price, which is around $2.94. This level has held steady for nearly two years despite periods of market volatility.
2. Artificial Superintelligence Alliance (FET)
Artificial Superintelligence Alliance (FET) has shown impressive growth in the cryptocurrency market. The token’s price stands at 1.586657 and has risen by 7.98% over the past 24 hours. Over the last year, its value increased by 284%, outperforming 81% of the top 100 crypto assets, including Bitcoin and Ethereum.
Currently, FET is trading well above its 200-day simple moving average (SMA), which is 0.869975. The price is 80.89% above this benchmark, indicating sustained positive performance. This trend aligns with a bullish market sentiment, reflecting strong confidence in the token’s potential.
The @ASI_Alliance is launching their all-in-one platform turbo-charging utility for decentralized #AI.
A one stop shop for any AI-related task, the platform will be an industry standard and skyrocket utility of $FET. pic.twitter.com/0GkvUCpQhu
— Artificial Superintelligence Community (@ASI_Community) November 10, 2024
Market metrics like the Fear & Greed Index, presently at 69 (signifying greed), suggest a positive outlook and high liquidity relative to the token’s market cap. Alongside this financial performance, SingularityNET and the ASI Alliance have made strides in artificial general intelligence (AGI) by introducing a self-learning proto-AGI within the Minecraft platform.
3. Stacks (STX)
Stacks (STX) is currently priced at 2.18, with a 6.42% increase over the past 24 hours. Market sentiment surrounding STX leans bullish, with a “Greed” score of 69 on the Fear & Greed Index. Over the last year, STX has seen notable growth of 230%, outperforming 76% of the top 100 crypto assets, including Bitcoin and Ethereum.
This steady performance has kept STX trading above its 200-day simple moving average. Additionally, it benefits from strong liquidity relative to its market capitalization.
Stacks / $STX is the leading Bitcoin L2 🟧
Let's remind world why this is the case, and why the next months should excite every Bitcoin enthusiast.
1. Institutional excellence.
2. Tech: speed improvements & sBTC.
3. B&B: new entities supporting Stacks.
More below 1/5. pic.twitter.com/nftNt8ly9t
— stacks.btc (@Stacks) November 11, 2024
For November, predictions indicate that this trend could continue, with a potential price increase to around 2.31. Forecasts suggest a range between 2.20 and 2.38, influenced by recent market momentum. If prices move within this range, investors buying at current levels could see an estimated return on investment (ROI) of 9.28%.
4. Flockerz ($FLOCK)
Flockerz ($FLOCK) has quickly gained traction among some investors, while Bitcoin remains the main focus of most crypto discussions. With its presale reaching the $1.3 million mark, Flockerz is positioning itself uniquely in the meme coin space. Unlike most meme coins, Flockerz integrates a community-driven model and a reward system that may appeal to investors seeking more than just hype.
Flockerz introduces a “Vote-to-Earn” model through its Flocktopia DAO, where FLOCK holders actively participate in the project’s decisions. This setup allows users to vote on proposals, such as launching marketing initiatives or exploring Play-to-Earn features. To incentivize participation, voters receive additional FLOCK tokens. This structure rewards users for staying involved within the community, creating a more engaged user base and encouraging long-term involvement.
In addition to community voting, Flockerz offers substantial staking rewards, with an annual yield rate of 1,289%. Notably, a quarter of the total token supply is reserved for staking. This strategy reflects a vision for sustainable passive income within the Flockerz ecosystem. It also supports long-term token stability, a critical factor for many investors.
Shout out to The Flock!!!🔥
We just flocking hit 1.5m! The flock is indeed the best community in crypto right now, we are excited for what's to come!🐦👑 pic.twitter.com/wWHXmTMHET
— Flockerz (@FlockerzToken) November 12, 2024
The presale price for FLOCK is currently $0.0059571 per token, with the project’s growth attracting both analyst and investor attention. Analysts have expressed optimism, predicting that FLOCK’s price could increase by 2025. Besides the potential price growth, experts highlight Flockerz’s transparent tokenomics model and strategic allocations for liquidity, marketing, and the DAO vault. Together, these elements add to Flockerz’s appeal as a well-planned project with a balanced approach to both community incentives and operational funding.
Flockerz has also been strengthening its online presence, particularly on Twitter, which could create a foundation for demand after its decentralized exchange (DEX) listing. This social media strategy may be critical as it engages a broad audience, drawing more attention to the project.
Visit Flockerz Presale
5. Solana (SOL)
Solana (SOL) currently trades at 223.14, marking a notable 7.39% increase over the past 24 hours. This growth is accompanied by a significant 24-hour trading volume of 22.12 billion and a market cap of 104.56 billion, which represents 3.45% of the total cryptocurrency market. Over the past year, Solana has gained 281%, outperforming 81% of the top 100 crypto assets. It has also seen stronger performance than both Bitcoin and Ethereum during this period.
Currently, SOL is trading 49.80% above its 200-day simple moving average (SMA) of 148.94, signaling an upward trend. The asset has shown consistent strength, with 19 green trading days in the last 30 days.
Welcome @allmight_US — uniting crypto talent in America.
HQ'd in Austin and kicking off with a VIP Social Mixer Tour this week.
Time to accelerate crypto leadership in the USA, together 🇺🇸 pic.twitter.com/ys9A4mJdzz
— Solana (@solana) November 11, 2024
High liquidity, alongside positive price movement, suggests both stability and investor confidence. SOL’s positioning near its cycle high further supports its robust market behavior.
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