With a crypto market cap well over $3 trillion, many altcoins are showing very promising price activity. So, what are the best altcoins to buy right now?
We’ve put together a shortlist of promising altcoin projects that have shown bullish price action over the past few weeks, as well as strong use cases or price catalysts for the immediate future.
Let’s take a look at the best altcoins in January 2025.
What are the best altcoins to buy now?
Before we begin, it’s worth noting that no one can tell you which assets you should or shouldn’t invest in.
What are your investment objectives? What is your risk appetite? It is essential to develop your own investment strategy, including profit targets and stop loss targets, before making any major financial decisions.
Yes, the following altcoins could potentially be a welcome addition to the right crypto portfolio once. However, the best altcoins to buy right now are truly the ones that best suit your personal trading needs!
So make sure you have a clear idea of what you’re looking for when diving into the world of cryptocurrency altcoins.
1. Sui (SUI)
SUI, the native token of the Sui (SUI) L1 blockchain designed to support dApp development, is a popular large-cap altcoin that has seen upward momentum in recent weeks.
Late last year, SUI was added to the list of assets traded by investment firm Grayscale, boosting the coin’s profile and prestige within the industry. SUI is up 31% over the past month and 13% over the past week, now ranking 13th in the market cap rankings.
2. Bitget Token (BGB)
Bitget Token is having a great month with over 108% gains so far and 9% growth over the last 7 days. Bitget Token (BGB) benefits from its attachment to the Bitget Wallet project, a high-impact project. The token also provides real-world utility within the Bitget ecosystem by offering low trading fees, early access to new projects, staking rewards, and free withdrawals.
All of the above has contributed to healthy demand for the BGB token, which appears to have bullish trading activity at the time of writing.
3.ai16z (AI16Z)
While we are often loath to include meme coins in lists like these, the Solana ecosystem meme coin ai16z is mentioned here for demonstrating strong upward momentum over the past month, capped by a correction in price last week.
ai16z (AI16Z) rose 120% this month before falling 26% last week, a tremendous price drop that could signal that the price is consolidating for another rally. Of course, additional research is needed to identify real-time price indicators that might be suitable for your particular trading strategy. However, the confluence of a large rise followed by a smaller pullback certainly creates some of the conditions that can, in some cases, favor an uptrend.
4. Tokenize Xchange (TKX)
One promising altcoin that may not be on everyone’s radar at the moment is the Singapore-based crypto exchange Tokenize Xchange. Tokenize
The coin provides utility by offering low trading fees on the Tokenized Xchange platform. This is a proven method for adding value to a crypto coin, as evidenced by the massive success of Binance’s native BNB token.
5. Virtual protocol (VIRTUAL)
Virtuals Protocol is a blockchain-based AI platform that allows users to unleash pre-programmed autonomous AI agents to handle a variety of tasks. If that rings a bell, it’s because Virtuals Protocol (VIRTUAL) is establishing itself as a direct competitor to the extremely popular Fetch.AI project which is now collaborating with the Munich government and making major waves in the crypto space.
Virtuals Protocol targets a fairly niche area of the blockchain industry with few competitors and a lot of potential value, and it’s likely that the hype around the coin’s potential is behind the recent 79% surge. in value over the past month, despite an increase of 29%. decline this week.
Choosing the Best Altcoins to Buy
When evaluating the right altcoin to buy, there are a few things to consider. The health and reputation of a project and its staff is always important and can be partially assessed by looking at news and social media posts around the project.
Projects with anonymous staff, for example, are sometimes viewed more cautiously due to the perceived risk of bad faith, while projects with staff with good business records could alleviate some of these concerns for potential investors.
A project’s use case and viability, such as the intended purpose of its native cryptocurrency and blockchain network, should arguably be the deciding factor. Projects that have demonstrated a real use case are often considered more viable than projects whose product is still theoretical.
Finally, current and past price performance should come into play. Learning technical analysis is a skill that can pay dividends for financial investors. Price charts can reveal interesting price patterns and trends that can help inform an altcoin trading strategy for those looking for the best altcoins to invest in now.
FAQs
How do I choose the best altcoins to buy right now?
Checking recent altcoin price action and finding altcoins whose prices have seen a rise over the past few days or weeks can be informative for many traders. Of course, everyone will have had the same idea!
So, some traders prefer to find coins that have seen a recent price rise followed by a slight price correction and then perform further technical analysis to see if the coin is viable for their investment strategy. By doing this, you can find promising candidates for your list of strong altcoins to buy today.
What is the best altcoin to buy right now?
No one can tell you which might be the right altcoin for your personal crypto portfolio. However, this article offers some suggested plays that might be worth investigating in your own time to see if they might be a good fit for you and your investment strategy. See above for our list of the 5 best altcoins to buy now.
Disclosure: This article does not represent investment advice. The content and materials presented on this page are intended for educational purposes only.
