XRP is closing 2024 on a strong bullish trend, significantly impacting Grayscale’s XRP Trust, which the investment firm reintroduced in September. Reports indicate that the Trust is set to finish the year with over 300% growth, driven by XRP’s late-year rally and evolving dynamics within the cryptocurrency sector.
Recent changes in crypto regulations and political developments have played a key role in XRP’s upward trajectory, particularly in the year’s final months. Donald Trump’s pro-crypto stance and victory in the U.S. presidential election further fueled XRP’s momentum, building on its partial legal win in a 2023 court case. In light of this positive outlook, investors are searching for the best altcoins to invest in today.
6 Best Altcoins To Invest In Today
MultiversX (EGLD) is valued at $33.94, marking a 5.41% increase in the last 24 hours. STP (STPT) has risen to $0.06059, reflecting a 14.01% gain during the same period. Wall Street Pepe ($WEPE) continues to attract attention in the crypto market due to its strong presale performance and focus on building a community-driven ecosystem. Toncoin (TON) is trading at $5.74, showing an 8.85% increase over the past week.
DAO Maker is priced at $0.378, recording a 7.54% rise in the last 24 hours. It has a market capitalization of $73.86 million and a trading volume of $21.9 million. Meanwhile, PolySwarm (NCT) has experienced notable growth, surging by 16.18% to reach $0.029 in the past day. In the tech sector, advancements in artificial intelligence and cryptocurrency have significantly contributed to the performance of this year’s top five tech stocks.
1. MultiversX (EGLD)
MultiversX (EGLD) is trading at $33.94, reflecting a 5.41% price increase over the past 24 hours. With a market capitalization of $939.95 million, the token has seen a remarkable 222.86% surge in 24-hour trading volume, totaling $118.58 million. The circulating supply of EGLD stands at 27.69 million, with a total supply of 27.75 million and a maximum supply capped at 31.41 million.
The MultiversX Foundation has recently unveiled Growth Games, a groundbreaking initiative with a $1.5 million annual budget to foster innovation in blockchain and AI. This program empowers developers, startups, and teams to create transformative DeFi, AI, and education solutions. Growth Games focuses on funding and fostering a vibrant developer community while promoting blockchain adoption.
MultiversX interactions embedded in the open web 🌐
WARPS bring on-chain actions to any interface, making web3 compatible with any web2 app or platform.
Minimal friction > real mass adoption.pic.twitter.com/oyesFaWpkS
— Multiversᕽ (@MultiversX) December 23, 2024
The program is divided into three funding pillars. With an allocation of $750K annually, the Build pillar seeks to onboard new developers and teams outside the ecosystem using a Request for Proposal (RFP) model to address infrastructure gaps.
2. STP (STPT)
STP (STPT) is priced at $0.06059, reflecting a 14.01% increase over the last 24 hours. The token has a market capitalization of $117.68 million, with a 24-hour trading volume of $87.01 million, representing a sharp 75.88% increase from the previous period. STPT’s circulating supply is 1.94 billion tokens, with no maximum supply specified. Its fully diluted valuation (FDV) equals the market cap at $117.68 million.
Market sentiment for STPT remains bullish, supported by a Fear & Greed Index score of 79, indicating extreme greed and high market optimism. The token trades above its 200-day simple moving average (SMA), highlighting a long-term trend. Over the last 30 days, STPT has shown positive performance, with 19 out of 30 days (63%) closing at a higher price than the opening.
🎉 Excited to announce the winners of the STP Grants Program S2:@copybrofinance and @gungamebase 🚀
Let’s dive into why we’re excited about these projects!
🧵👇
Or read the article at,https://t.co/Fc63ePu5Mg pic.twitter.com/0UbRcmzCqJ
— STP (@STP_Network) December 21, 2024
Additionally, STPT benefits from high liquidity, making it an attractive option for traders and investors. Its recent price surge, favorable technical indicators, and strong market sentiment suggest that STPT holds promise for continued short-term growth.
3. Wall Street Pepe ($WEPE)
Wall Street Pepe ($WEPE) is gaining attention in the cryptocurrency market due to its rapid presale performance and unique, community-driven approach. Launched on December 3rd, the project raised over $36 million, reflecting strong investor interest.
The presale is structured in phases, with incremental price increases. Currently, $WEPE is priced at $0.0003655 per token, but this may change as the next phase nears. Accessibility is a priority for the project, allowing purchases through cryptocurrency and bank cards.
Security has been a key focus for $WEPE, with the project undergoing audits by Coinsult, a respected blockchain security firm. These measures aim to reassure investors and enhance trust in the platform.
A significant feature of $WEPE is its emphasis on supporting small traders. Token holders automatically join the “WEPE Trading Army,” an exclusive group offering tools, expert analysis, and trading strategies. This initiative promotes collaboration and levels the playing field in the volatile meme coin market. Weekly competitions also allow participants to earn $WEPE tokens, encouraging engagement and participation.
$35M raised. Frogs are thriving. Energy’s high. Stay ready, stay focused, stay green. 🐸⚔️🚀 pic.twitter.com/qdYWgKVn2X
— Wall Street Pepe (@WEPEToken) December 23, 2024
The project has also received endorsements from notable crypto figures. Jacob Bury, a well-known crypto YouTuber, has praised $WEPE’s focus on empowering traders, while 99Bitcoins has highlighted its innovative approach.
Visit Wall Street Pepe Presale
4. Toncoin (TON)
Toncoin (TON) is priced at $5.74, with a 7-day growth of 8.85%. Its market cap is $14.65 billion (up 3.44%), and its 24-hour trading volume is $223.72 million, reflecting a 4.19% increase. With a circulating supply of 2.55 billion TON out of 5.11 billion TON, the token has a fully diluted valuation (FDV) of $29.38 billion.
The Open Platform (TOP) recently launched the TON Space custodial wallet, concluding its beta phase. TOP CEO Andrew Rogozov announced this launch at the Gateway event in Dubai, introducing a full self-custodial wallet platform. Over 100 million Telegram users created self-custodial wallets during the beta period, representing approximately 10% of Telegram’s user base.
🎅 @TONOpenLeague Season 7 is officially over! The Open League Santa distributed the airdrop yesterday morning! Happy holidays and congratulations to all participants!
Season 7 featured $1.5M in prizes, 24 DeFi protocols, over 499k participation badges minted, and 5,962 wallets… pic.twitter.com/2GjSHlrGqS
— TON 💎 (@ton_blockchain) December 26, 2024
The updated TON Space platform offers seamless navigation and allows users to effortlessly transition between custodial and non-custodial wallets. These improvements simplify enrollment for new users and enhance usability.
5. DAO Maker (DAO)
DAO Maker, currently priced at $0.378, has risen by 7.54% in the last day, with a market cap of $73.86 million and a trading volume of $21.9 million. Given the market’s mixed signals, this indicates good liquidity but also suggests a potential for volatility. The token’s price has been relatively stable. Yet, it faces a yearly deflation rate of -13.81%, which might help maintain or increase its value if demand holds or grows.
The Fear & Greed Index is 79, indicating extreme greed, contrasting with the bearish sentiment in price predictions. Analysts forecast that by December 2024, DAO could trade between $0.356829 and $0.497989, suggesting a potential increase of up to 30.12% from today’s price. This prediction could offer investors a significant ROI, but it’s crucial to consider the speculative nature of such forecasts.
SHO – @Pineye_
Be Your Real one in the Web3 Ecosystem
🫂+5M users worldwide
🚀Strong CEX partners
📈2.2M monthly users
More: https://t.co/wHE4eAku0u
Start: 3.1 12:00 UTC
Details👇
1️⃣$250k (Public)
End: 8. 1. 12:00
2️⃣$250k (Private)
End: 6. 1. 12:00
3-day refund window pic.twitter.com/HoUxmQjvj2
— DAO Maker (@daomaker) December 23, 2024
DAO Maker is traded on KuCoin, making it accessible to many investors. Its high liquidity relative to market cap is a positive for traders, offering ease of transaction without significant price impact. Investors should monitor how DAO navigates through these market sentiments and economic indicators to gauge its long-term potential accurately.
6. PolySwarm (NCT)
PolySwarm (NCT) has shown significant movement, with a 16.18% price increase in the last day, reaching $0.029. With a market cap of $54.68 million and a trading volume of $21.85 million, it exhibits strong liquidity and market interest. The token’s total supply matches its circulating supply at 1.88 billion NCT, indicating full circulation.
The price graph indicates a volatile yet upward trend, with notable peaks and troughs, suggesting active trading and investor engagement. Investors should be cautious of the crypto market’s volatility despite the bullish trend. The high volume relative to the market cap (39.97%) might indicate strong buying or selling pressure, affecting price stability.
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