Altcoins such as Bittensor and Sei have surged more than 60% in the past week, while ONDO is up more than 4%. The outperformance relative to Bitcoin could signal the start of “altcoin season.” The altcoin market cap has rebounded sharply after hitting lows in August, with an estimated 74% growth.
Other altcoins, such as Sui and Axelar, also showed strong growth, up 45.6% and 14.34% respectively. After the recent stabilization of Bitcoin, interest in altcoins has revived. Therefore, investors are exploring the best cryptocurrencies to invest in right now in order to diversify their portfolios amid changing market conditions.
The best cryptocurrencies to invest in right now
Catizen recently announced a partnership with Alchemy Pay, streamlining the process for users to purchase CATI with over 50 fiat currencies. Axelar has also received attention for its emphasis on secure cross-chain communication with Web3. Meanwhile, Crypto All Stars raised over $1.5 million in its initial coin offering (ICO), and its staking rewards program has generated interest.
1. Catizen（CATI）
Catizen is a play-and-earn game on Telegram where users act as mayors of a virtual city inhabited by cats. Players are rewarded in CATI, the platform’s native token. Recently, Catizen announced an integration with Alchemy Pay, making it easier for users to purchase CATI with over 50 fiat currencies.
The partnership allows users to purchase CATI through familiar payment methods such as credit cards and bank transfers, simplifying the process for those new to cryptocurrency. The partnership with Alchemy Pay helps bridge the gap between traditional currencies and cryptocurrencies, allowing people to interact with CATI without having prior cryptocurrency experience. Alchemy Pay's goal is to make cryptocurrency more accessible, and this integration supports that goal by making it easier to purchase CATI directly.
2. CBRE (SEI)
Sei is a Layer 1 blockchain designed specifically for decentralized exchanges (DEX). It focuses on improving the efficiency and performance of DEX platforms, providing them with potential market advantages. The project aims to meet the growing demand for decentralized trading and emphasizes sustainability by striving to achieve carbon neutrality.
The SEI token has seen a significant surge in price recently, with a market cap of over $1.6 billion. SEI is trading at $0.46, up 24% in the past 24 hours, having peaked above $0.47 earlier. The surge is driven by new partnerships, community initiatives, and continued growth in total locked value (TVL) and daily active users.
On September 24, Sei announced the addition of yield-generating Liquid Staking Tokens (LST) such as Seiyan ETH and Super Seiyan ETH, further expanding its ecosystem. These updates have led to bullish sentiment towards the token, with the Fear & Greed Index at 59 (Greed).
Over the past year, SEI’s price has increased by 293%, outperforming 80% of the top 100 crypto assets, even outperforming Bitcoin and Ethereum. With high liquidity and the current bullish market sentiment, SEI is likely to continue its upward trend in the coming months.
3. Axela (AXL)
Axelar has attracted attention from the cryptocurrency market for its focus on secure cross-chain communication within Web3. The platform provides a decentralized network and tools to simplify cross-chain operations for decentralized application (dApp) developers. A key aspect of Axelar's approach is the use of Proof-of-Stake (PoS) consensus, which distinguishes it from other protocols that rely on optimistic models or joint multi-signatures.
The protocol enables cross-chain transfer of multiple native tokens through its wrapped ERC-20 version, supporting assets such as AVAX (Avalanche), ETH (Ethereum), FTM (Fantom), GLMR (Moonbeam), and MATIC (Polygon). This enhances its usability in different blockchain ecosystems.
Furthermore, Axelar’s token is showing encouraging signs of growth. Currently, its daily chart shows a gain of 1.13%, with the token trading at $0.597. Over the past week, the token has gained 14.68%. It is also trading 7.99% above its 200-day simple moving average (SMA), indicating a positive momentum.
While the price prediction sentiment remains neutral, the Fear & Greed Index shows a reading of 59, reflecting greed. Meanwhile, Axelar has high liquidity based on its market capitalization. Given the increasing interest in digital assets, Axelar’s steady growth trend is likely to continue.
4. MOODENG
Moo Deng’s price has increased 39% over the past 24 hours, trading at $0.08638 as of 7:15 a.m. ET, with trading volume surging 57% to $48.5 million.
Inspired by Moo Deng, the pygmy hippopotamus who captured the hearts of people around the world at her home in a Thai zoo, the Solana-based meme coin Moo Deng (MOODENG) launched on the Pump.fun platform and surged to a market cap of $70 million in just two weeks.
The 50-period simple moving average (SMA) is currently at $0.0863, supporting prices well above this level. The 200-period SMA is at $0.0641, also well below current prices, reinforcing the long-term bullish sentiment. The large gap between the 50 and 200 SMAs further supports this positive sentiment.
The Moving Average Convergence Divergence (MACD) indicator shows that the MACD line (blue) is slightly below the signal line (orange), but is close to a potential bullish crossover. If such a crossover occurs, it will confirm a buy signal, thereby strengthening the upward momentum.
Moreover, the Relative Strength Index (RSI) is at a neutral level at 51.90. This suggests that there is no overbought or oversold condition for the Moo Deng price. This means that the price has room to rise before it becomes overbought, thus having a greater upside potential. The key support is near the 50 SMA at $0.0863 and the lower boundary of the ascending channel. The resistance is currently testing the upper boundary of the bullish channel and a break above this level could bring further gains.
Special Introduction: Crypto All-Stars (STARS)
Crypto All Stars recently raised over $1.5 million in its initial coin offering (ICO), drawing attention to its staking rewards system. The project offers an annualized staking reward of 928%, which is high compared to many other staking options. The team behind Crypto All Stars plans to integrate a staking protocol specifically for popular meme coins, which could attract a wide audience in the meme coin community.
One of the core developments of Crypto All Stars is MemeVault, a platform designed to let users stake their meme coin portfolios. By doing so, holders can earn passive income through staking rewards. This feature is designed to provide utility to meme coins, which are particularly useful in a down market where price gains are limited. The concept is targeted at meme coin enthusiasts who want to use their assets to speculate beyond traditional markets.
During the presale phase, the price of STARS tokens reached $0.0014652. As the project prepares for the next round of funding, the price of the token will rise. The platform plans to unify the staking of meme coins, including well-known tokens such as BONK, Dogecoin, and Shiba Inu.
