$ETH $BNB $ADA
5 Best Altcoin To Buy Now – Top Cryptos for October 2024 to Buy now
We have analysed hundreds of cryptocurrencies’ fundamentals and technical aspects to select these handful of best altcoin to buy now. These altcoins have the potential to deliver maximized gains to yourr crypto portfolio if you make a timed investment.
1. 5thScape (5SCAPE)
2. Ethereum (ETH)
3. Tether (USDT)
4. Binance Coin (BNB)
5. Cardano (ADA)
5thScape, apart from its unique and breakthrough VR/AR Metaverse, has various utilities, making its coin suitable for passive income and increased scope for trading. Similarly, other coins have diverse reasons, making them the best altcoin to buy now. Let’s dig into the details!
Ethereum is the second oldest cryptocurrency and even the second largest by market capitalization. However, unlike Bitcoin, Ethereum isn’t merely a currency and has some potential use cases. Developers can deploy dApps, DeFi, and smart contracts on its blockchain.
Ethereum earlier functioned majorly on its layer-1 blockchain, which had limitations, including low latency and a speed of merely 15 transactions per second. Thus, many large-scale applications switched to other blockchains. Therefore, Ethereum launched its layer two blockchain solution to address this issue, which provides high throughput, low latency, and reduced gas fees. This increased the bullish sentiments for its native ETH token.
Besides, it has become the first cryptocurrency after Bitcoin to get approval for Spot ETFs. This benefited Ethereum and even projects built on it, like 5thScape, which topped the charts for this reason.