After slightly consolidating around $51,800, Bitcoin is back above $52k, and volumes are rising. This has reignited optimism that the crypto market is up for another bullish run as BTC edges closer to $60k ahead of the next halving. Under these increasingly favorable conditions, a savvy investor may wonder what the is the best altcoin to buy today?
With hundreds of cryptos all showing potential and some pumping by triple digits in hours, this is a challenging question to answer. You don’t have to worry, though. By reading this article, you should be able to choose the best altcoin to buy today to get maximum gains from the bull market. In this article, we have narrowed down on cryptocurrencies with big news likely to keep drawing in new buyers and help drive up the price.
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Best Altcoin To Buy Today
This article zeroes in on altcoins that hold the most potential to outperform the market based on what is happening within their ecosystems. The article touches on Filecoin and its integration with Solana, Pixel’s Binance listing, and Minu’s continued rally as BNB mining continues to draw in new investors. The article also touches on Kaspa’s potential FOMO rally now that it has pushed through its all-time highs and WorldCoin’s continued upside momentum as investor excitement builds up around OpenAI’s Sora project.
Filecoin (FIL)
Filecoin (FIL) is one of the best-performing cryptocurrencies today, up by 20%. Filecoin’s trading volumes have shot up by 218% in the last 24 hours to stand at $1.207 billion. The market capitalization of Filecoin is also up by 20%, standing at $4.04 billion.
Filecoin’s rally follows news that major blockchain networks are now choosing Filecoin for their decentralized data networks. One of their most notable is Solana, which is now integrated with Filecoin for data. Another major network that has chosen Filecoin for decentralized data storage is Pyth Network, a fast-growing decentralized data oracle.
Solana’s integration with #Filecoin is a significant move away from centralized storage solutions and a remarkable step towards enhancing the reliability and scalability of the Solana blockchain.@solana is utilizing Filecoin to make its block history more accessible and usable… pic.twitter.com/1NcuaLNYT5
— Filecoin (@Filecoin) February 16, 2024
Since Filecoin hasn’t moved much in the last couple of months, the momentum arising from the Solana and Pyth Network news could see it make new highs quickly. This makes FIL a top crypto to buy now in anticipation of a significant rally that could see its price trade in the double, if not triple digits, soon.
Pixels (PIXEL)
Pixels (PIXEL) is one of the top trending cryptocurrencies today, and the price is following suit. At the moment, Pixel is up by 21% to trade at $0.5801 and has hit a market capitalization of $445.929 million. Trading volumes are on the rise, too, and currently stand at $1.201 billion.
Pixel’s current momentum is driven by the high-profile launch just 24 hours ago. The token was launched with an airdrop and a listing on Binance, the world’s largest cryptocurrency exchange. This has given it a lot of momentum as buyers flock to buy in this new cryptocurrency in anticipation of even higher gains.
Pixel is also attracting investor attention because it has some big news soon. The Pixel team has announced that the MMO Social-Fi Guilds will go live next week. This will further entrench Pixel as one of the top cryptocurrencies to watch in the fast-growing Web 3.0 gaming space.
The excitement in @pixels_online is far from over. Just wait until they launch the first MMO social-fi guild in Pixels next week.
You’ll be able to use $Pixel tokens to buy/sell multiple memberships in different guilds. pic.twitter.com/un107wEkTL
— Daryl.ron ⛩️ (@daryl24_eth) February 19, 2024
With such a big event coming up and an increasingly bullish broader market, Pixel is undoubtedly one of the best cryptocurrencies to buy now. The odds are in its favor for an explosive rally that could see it hit a market capitalization of $1 billion or more.
Minu (MINU)
Minu (MINU) is one of the best-performing cryptocurrencies this year. It is up by 731% this month and continues to gain upside momentum. Minu currently has a market cap of $3.5 million, which is relatively small and gives more room for growth.
Minu’s success has much to do with people joining the Minu ecosystem to try and mine Binance Coin (BNB). This and the fact that 2% of Minu generated in transactions is locked has created some highly favorable demand and supply dynamics.
$MINU is Trending on @dexscreener🔥https://t.co/oqEptrPDyE
👉All eyes are on $MINU as we are bringing big things and continue to make @BNBCHAIN great again!
What MC do you expect to see Minu today? We aim HIGH👀
Comment below👇#Minu #Trending #Dexscreener pic.twitter.com/xbjPmyHsXm
— Minu (@minu_coin) February 20, 2024
As Minu continues to make new highs without signs of a slowdown, FOMO will likely get even stronger. Minu could easily do another 10 or 20X in the coming days while still having realistic market capitalization. For this potential, Minu is a high-potential cryptocurrency to consider buying today.
Kaspa (KAS)
Kaspa (KAS) is one of the most forward-looking Proof-of-Work blockchains in the market today. It uses something called the GhostDAG protocol that ensures fast block times, while also eliminating ghost blocks.
🎉More and more merchants are adopting #Kaspa!
Check out this simple set-up by this merchant from the Asian Star in Oklahoma City.If you are a merchant looking to accept $KAS start here: https://t.co/4opQWD018a
More resources are incoming and there is a growing community of… pic.twitter.com/HjI3RtJrUU— Kaspa (@KaspaCurrency) February 13, 2024
Kaspa’s strong fundamentals have seen it perform well for the better part of this year. Today, Kaspa’s continued upside momentum has seen it surpass its all-time highs. At the moment, Kaspa is making new highs at $0.18.
Considering that cryptocurrencies that beat their all-time highs tend to make new highs, sometimes by up to 2X, Kaspa is a cryptocurrency to watch. Its potential is further enhanced by the fact that KAS hit all-time highs just two months before the Bitcoin halving. This opens an avenue for more growth as BTC uplifts the whole market after the halving.
WorldCoin (WLD)
WorldCoin (WLD) has been making headlines for the last few days. In just one week, WorldCoin has gained by 143%. This rally has given WorldCoin a market capitalization of $895.368 million.
WorldCoin’s rally has much to do with the exciting news from OpenAI about Sora, a text-to-video feature. This feature means that movies could soon be entirely AI-generated, and only a small team to make them.
This video was generated by Sora, the new model by OpenAI.
Prompt: Cunty girl group singing beautiful song while slaying visuals, vocals, and dancepic.twitter.com/IPq1mtLu3f
— Aqua🦋| Fe₃O₄ (@NMXXED) February 19, 2024
While this may seem unconnected to WorldCoin, it makes the case for why WorldCoin is essential in the first place. That’s because as everything increasingly becomes AI-generated, verifying who is human in the digital space will become critical. Since this is why WorldCoin was created, growth seems somewhat guaranteed. It’s a cryptocurrency worth adding to a 2024 crypto bull run portfolio.
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