Join our Telegram channel to stay up to date with the latest news
Recent analysis suggests that Bitcoin (BTC), the leading cryptocurrency, may be on the verge of an uptrend. Analysts point to decreasing Bitcoin reserves, coupled with increasing stablecoin reserves, as key indicators of a potential price increase.
This combination of reduced supply and increasing purchasing power leads many to believe that Bitcoin could soon see a price rally. Given this bullish sentiment, investors are looking for the best altcoins to invest in today.
5 Best Altcoins to Invest in Today
Wormhole has integrated with Securitize, a tokenization platform, improving its interoperability. Meanwhile, Conflux is collaborating with the global Stablecoin Payments Network (WSPN). Theta Labs also launched EdgeCloud for Mobile, allowing users to harness the GPU power of their smartphones as nodes within its decentralized network.
Meanwhile, OKX recently completed its largest burn in the platform’s history. The upcoming launch of the Mega Dice (DICE) token is also generating interest ahead of its stock market debut. In addition, PayPal has expanded its servicesnow allowing traders to buy and sell cryptocurrencies.
1. Wormhole (W)
Securitize, a tokenization platform, recently integrated the Wormhole cross-chain communication protocol, aiming to improve the transferability of tokenized real-world assets (RWA) across blockchain networks. In its September 20 announcement, Securitize highlighted that the move aims to enable faster and more cost-effective transactions, potentially fostering the growth of a cross-chain ecosystem for RWAs, which include tokenized financial assets, commodities and of art.
Carlos Domingo, CEO of Securitize, emphasized that tokenized securities must operate on public and permissionless blockchains to take full advantage of blockchain technology. By integrating Wormhole, the platform hopes to overcome current barriers to asset transferability, which have limited wider adoption.
Wormhole changes hands at $0.3066, following an 18.58% intraday rally. W has demonstrated strong liquidity and a positive trend, with half of the days last month closing above its daily opening price.
EVM in Solana.
Native-to-native cross-chain swaps.
Less than 10 seconds. pic.twitter.com/KWTz1EC9tn
– Wormhole (@wormhole) September 26, 2024
In terms of price prediction, Wormhole is expected to trade between $0.2936 and $0.3302 by the end of the week, with a potential increase of 12.45% by September 29. Next week, the price could range from $0.3302 to $0.4127, representing a possible 25% upside. will increase if it reaches the upper target by October 6, 2024.
Overall, Securitize’s integration with Wormhole could improve cross-chain functionality for tokenized assets, while Wormhole’s ongoing price trends and forecasts indicate steady growth in the near term.
2. Conflux (CFX)
Conflux has become a notable player in the decentralized finance (DeFi) space, notably through its recent partnership with the Worldwide Stablecoin Payment Network (WSPN). This collaboration brings WSPN’s stablecoin, WUSD, to the Conflux blockchain, with the aim of improving the platform’s functionality for global payments and financial markets. WUSD is pegged 1:1 to the US dollar and offers users not only stable returns, but also access to increased staking rewards and a growing DeFi ecosystem.
Currently, Conflux’s native token CFX is trading at $0.184646, showing a price increase of 17.45% over the past 24 hours. Over the past year, the token is up 51% and remains above its 200-day simple moving average. It has demonstrated strong liquidity and recorded positive performance in 57% of the last 30 days, closing above its daily opening price.
Our team had a wonderful time #TOKEN2049 in Singapore!
We had a fantastic opportunity to meet so many partners, explore exciting new collaborations and attend informative panel discussions and events. pic.twitter.com/CUn3PcxYBE
– Conflux Network Official (@Conflux_Network) September 24, 2024
In terms of short-term projections, Conflux is expected to trade in a range between $0.171272 and $0.192285 this week. If it reaches the higher target, it could see a gain of 12.27% by September 30, 2024. The following week sees a potential price range between $0.192285 and 0.239733 $, suggesting a possible increase of 24.68% by October 7, 2024.
In 2024, Conflux is expected to trade between $0.171272 and $0.807359. If it reaches the upper range, it would represent a significant increase of 335.79%. However, market dynamics and broader economic factors will influence whether these goals are achieved.
3. Theta Network (THETA)
Theta Labs has introduced EdgeCloud for Mobile, allowing users to bring the GPU power of their smartphones as nodes within its decentralized network. In exchange, participants earn TFUEL tokens. The platform aims to harness the computing power of approximately 3.9 billion active Android devices to enhance its decentralized cloud infrastructure.
Theta EdgeCloud is a hybrid cloud platform powered by DePIN that uses over 30,000 distributed nodes to provide scalable and cost-effective GPU computing resources. With the growing power of smartphones, Theta Labs is looking to leverage these devices for more complex computing tasks.
In one of the biggest advancements in Theta history, the mobile version of the Theta Edge Node for Android devices launched today! The Mobile Edge Node expands the EdgeCloud network by more than 30,000 nodes to potentially leverage the computing resources of 3.9 billion active Android…
– Theta Network (@Theta_Network) September 25, 2024
Currently, Theta token (THETA) is priced at $1.54, up 8.6% in the last 24 hours. Over the past year, it has seen an increase of 141%, outperforming 61% of the top 100 crypto assets. THETA is trading 15.27% above its 200-day simple moving average of $1.33, indicating positive momentum. Additionally, 21 technical indicators are showing bullish signals, although overall sentiment remains neutral. By October 26, 2024, the price is expected to increase by 5.09% to approximately $1.59.
Overall, Theta Token’s performance suggests steady growth with high liquidity and positive movement above key technical thresholds. However, while market sentiment is positive, it remains cautious in the short term.
4. OKB (OKB)
OKX recently completed its 25th OKB buyback and burn, buying back and burning approximately 17.34 million OKB tokens, marking the largest burn in its history. The total value of the destruction is approximately $661 million. Although OKX previously indicated that the buyout was linked to seasonal market conditions and operational performance, specific details of the process remain confidential.
OKB is trading at $42.79, reflecting a 7.91% rise over the past 24 hours. The token has shown consistent bullish movement, with 16 of the last 30 days closing above the daily opening price, suggesting bullish momentum. Overall sentiment, based on technical analysis, also points toward a positive outlook.
🟢 #NewList $HMSTR/USDT @hamster_kombat Spot trading is LIVE on #OKX!
Trade now: pic.twitter.com/nn2ZiTfaKk
-OKX (@okx) September 26, 2024
For now, OKB is expected to trade in a range of $42.25 to $42.70, with a potential increase of 1.07% to $42.70 by September 29, 2024. The Week Next, however, the token could see a slight decline, with an expected price range. from $42.35 to $42.70, implying a possible decline of 0.83% to $42.35 by October 6, 2024.
Longer term, in 2024, OKB is expected to fluctuate between $39.92 and $56.26. If it reached the upper target, it would represent an increase of 31.78%, highlighting potential growth despite short-term fluctuations.
5. Mega Dice ($DICE)
The upcoming launch of Mega dice token (DICE) is receiving considerable attention as it prepares to debut on exchanges in just a few days. DICE is expected to be listed on Solana’s Raydium DEX on September 30 at 3 p.m. CET, attracting market attention. Indeed, the $DICE token is closely linked to Mega Dice Casino, a platform already established in the cryptocurrency gaming sector. This adds to the anticipation surrounding its launch.
Presale investors will be able to claim their $DICE tokens on listing day by connecting their wallets via the project website. Additionally, the token is currently available at a price of $0.116056 for early backers, and the presale is approaching the $2 million mark, driven by strong interest, including a notable $20,000 investment in ‘only one participant.
What makes the launch of $DICE even more compelling is Mega Dice Casino’s sizable user base. The casino currently has 10,000 active players and a monthly betting volume of $50 million, putting it ahead of many competitors and further increasing interest in $DICE.
Additionally, $DICE holders have the opportunity to directly benefit from casino performance through staking, with current rewards.
Most Wanted Crypto Launch – Pepe Unchained
- Layer 2 Coin Ecosystem
- Featured in Cointelegraph
- SolidProof and Coinsult audited
- Faceoff Rewards – pepeunchained.com
- Over $10M Raised at ICO – Ending Soon
offering an annual return of 286.4%. The platform also announced an airdrop of $2.25 million, spread over three seasons, adding additional attraction to early investors. This combination of rewards and wagering mechanics helps differentiate Mega Dice in the growing GambleFi industry.
With the exchange’s debut fast approaching, $DICE has gained considerable momentum, thanks to its established platform, growing community, and attractive staking rewards. For those interested in crypto gaming tokens, Mega dice presents an attractive option, although risks should always be considered before investing.
Visit the Mega Dice Presale
Learn more
Most Wanted Crypto Launch – Pepe Unchained
- Layer 2 Coin Ecosystem
- Featured in Cointelegraph
- SolidProof and Coinsult audited
- Faceoff Rewards – pepeunchained.com
- Over $10M Raised at ICO – Ending Soon
Join our Telegram channel to stay up to date with the latest news
