6 Best Altcoins to Invest in Right Now February 22 – SingularityNET, OKB, The Graph

adminFebruary 23, 2024

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The AI and gaming markets are growing as Bitcoin halving approaches. This intersection of positive news in the cryptocurrency space is fueling the traction of altcoins. Moreover, experts predict that these positive events will have a positive impact on prices and market sentiment, creating a bull market.

Given this, altcoins offer an attractive option for traders looking to update their portfolios, giving them the opportunity to diversify their investments. In this article, we present a list of top performing altcoins worth investing in the market today.

6 Best Altcoins to Invest in Right Now

The cryptocurrency market recovered as Bitcoin surged above $51,000. This resurrection is as follows Nvidia’s strong returns, breathing new life into AI-based tokens. Along with this, altcoins such as SingularityNET, OKB, and Graph are attracting attention as promising investment options. Following their strong performance, these tokens show significant potential for future market growth.

1. SingularityNET (AGIX)

The AI market is gaining momentum as Open AI recently launched the SORA token. Along these lines, investors say coins like SingularityNET’s AGIX will follow a similar path. In this way, SingularityNET is slowly establishing itself as a platform where anyone can buy and sell AI services using AGIX tokens.

With growing interest in the AI market, coins like AGIX have experienced a surge in the last trading session. SingularityNET rose to $0.699275, up 33.14% intraday. Moreover, a fear/greed score of 74 means investors are actively trading AGIX, so market sentiment appears bullish.

AGIX price chart

Additionally, with this new momentum, AGIX has demonstrated significant growth, ranking 6th by market capitalization in the AI cryptocurrency sector. It has surged 83% over the past year, making it more than 66% of the top 100 cryptocurrency assets in terms of performance. Notably, the token is trading above its 200-day SMA and has shown positive performance relative to the token sale price.

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— SingularityNET (@SingularityNET) February 21, 2024

Therefore, SingularityNET’s performance reflects a 60% positive trend, attracting investors to the 18/30-day green candlestick. Additionally, the market dominance of 0.04% further solidifies SingularityNET’s high liquidity by market capitalization.

2. Manta Network (MANTA)

Since its launch, Manta Network (MANTA) has garnered significant attention and has established itself as a major market player. Working with Ispolink, their partnership aims to integrate Manta into decentralized infrastructure. In particular, this improves activities such as purchasing services, accumulating points, and claiming rewards.

manta price chart

Currently, sentiment towards Manta Network’s price prediction is positive, with a Greed Index of 74, indicating optimism. In the monthly outlook, there were 16 days when MANTA’s closing price was higher than its opening price. This suggests an upward trend among investors looking to add MANTA to their portfolios.

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— Manta Network(🔱,🔱) #MantaNewParadigm(@MantaNetwork) February 20, 2024

Meanwhile, Manta Network shows good liquidity by market capitalization and is trading near its all-time high of $3.45. Additionally, Manta Network’s partnerships and communities can fuel further growth of Manta Network. Additionally, MANTA could reach $4.93 or higher by 2024 if the project announces collaborations with other networks. In a bullish cryptocurrency market, the average price of MANTA is expected to remain at around $4.40 until 2024.

3. Graph (GRT)

As interest in AI tokens grows, GRT is attracting new attention from analysts and investors alike. The price in the graph is Northbound, which is up 40% in the last 7 days, breaking the $0.20 threshold. Based on this upward trend, analysts predict that The Graph will rise further soon.

GRT price chart

Moreover, recent data from The Graph cryptocurrency charts suggest significant growth potential. The token price increased from $0.17 to $0.27, marking a significant increase. Therefore, predictions based on GRT’s price prediction model imply a potential value of $0.4051 by the fourth quarter of 2024.

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– @facuspagnuoloCo-founder and CTO @mimicfi
– @marcandufounder @ellipfra
– @HopeYen11Software Developer Technical Director @graphopsxyz
– Derek…
— Graph (@graphprotocol) February 20, 2024

Moreover, market optimism and soaring trading volumes have sparked a notable rally for The Graph token. This is evidenced by the 21 green days in the last 30 days, accounting for 70% of the observation period. Additionally, analysis of the weekly charts suggests a trend reversal in The Graph’s price trajectory, characterized by a sharp rise in trend momentum. The positive thing is that GRT’s increasing trading volume and the overall optimistic mood in the market support this trend.

4. United Nations

OKX launched the ERC-7579 standard to improve the wallet experience for developers and users. This standard builds on ERC-6900 to simplify the process and provide better support. It also complements the account abstraction capabilities of ERC-4337, providing new opportunities in the cryptocurrency space. Nonetheless, these developments have not had a significant impact on OKB’s overall outlook, as OKB has grown by 1.53% in the last 24 hours.

OKB price chart

Moreover, the sentiment surrounding OKB’s price prediction is currently neutral. However, the high greed score of 74 reflects investor interest in the coin with an expected upward trend. Along these lines, OKB has consistently traded above its 200-day SMA. Similarly, there was a green day on the 17th/30th where the closing price was better than the opening price.

We recently announced the introduction of the ERC-7579 standard, which aims to improve the wallet experience for both developers and users.
Learn more about this new standard here ⤵️ https://t.co/eXn4NhScWz
— OKX (@okx) February 22, 2024

By leveraging solid fundamental principles and a dedicated cryptocurrency community, OKB has the potential to reach significant heights. Collaborations with other networks could increase the price of OKB above $136.48 by 2024. Likewise, if the green continues, the average value of OKB is expected to be around $123.57 by the same year.

5. Bitcoin Minetrix (BTCMTX)

Cloud mining is slowly being adopted by: Bitcoin Minetrix The pre-order exceeded expectations. Bitcoin Minetrix introduces a new way to safely mine Bitcoin using tokenized cloud mining. Addresses fraud and outdated hardware issues. Through this approach, Bitcoin Minetrix strives to provide a safe and transparent alternative for individuals interested in Bitcoin (BTC) mining.

The platform also solves the hardware aging issue that miners commonly face. By leveraging cloud mining, individuals are relieved of the burden of upgrading aging mining hardware, which is often a struggle in resale scenarios.

There are now 3 days left until stage 27. #Bitcoin Metrics It’s over!
Can you explain the process of solo mining and pool mining? 💡 pic.twitter.com/sGZbZK2oCC
— Bitcoin Minetrix (@bitcoinminetrix) February 22, 2024

Moreover, currently in progress Bitcoin Minetrix The pre-sale gathered market fanfare. As of the latest update, the pre-sale has raised $11,291,864, with each Bitcoin Minetrix token worth $0.0136. There are currently 693,756,311 BTCMTX staked with an APY of 60%. Therefore, with only three days left until the end of Stage 27, investors are presented with a golden opportunity to take advantage of current token prices.

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6. Immutability (IMX)

The cryptocurrency gaming sector is gradually increasing adoption. Riding this wave, Immutable is slowly gaining traction among gamers and traders. TapNationGames, a renowned mobile game publisher with over 60 million monthly active users, is leading this change by launching two exclusive games on the Immutable platform: Giant Rush and Parking Jam.

Meanwhile, Immutable’s native token, IMX, has seen significant market adoption. On this note, it has surged 96.94% over the past month, reaching $3.39. At the same time, the current sentiment surrounding IMX is optimistic. Likewise, the fear and greed index is 74. This level of greed reflects the prospect of an impending bull run. Consistently trading above the 200-day SMA indicates that IMX is in a positive long-term trend.

🌈 @TapNationGames We are committed to immutable zkEVM. @0xpolygon!
In 2023, the company was the top 11 publisher globally, with over 100 game releases since 2019, over 1 billion downloads and over 60 million monthly active users.
Based on their performance, we officially introduce them… pic.twitter.com/CTP5PFekCj
— Immutable (@Immutable) February 20, 2024

Therefore, market analysts predict a further price rise for IMX, especially if ImmutableX announces cooperation with other networks. Therefore, the maximum price prediction for IMX by 2024 is $5.73, driven by potential partnerships and market momentum. However, if a market downturn occurs, IMX’s minimum value could fall to $4.49 in 2024.