7 Best Altcoins to Invest in Right Now February 11 – Ronin, Helium, Optimism

Investing in altcoins to take advantage of the upcoming bullish trend is a smart financial move. These tokens often have the potential to outperform larger companies in their industry.

Additionally, altcoins provide investors with an accessible way to update their portfolios. In this article, we have compiled a list of the best altcoins you can buy right now.

7 Best Altcoins to Invest in Right Now

like Bitcoin As it approaches $50,000, certain tokens are gaining attention for their investment potential. Helium, Ronin, and Toncoin are emerging as standout altcoins and contenders for portfolio inclusion. Each token has unique characteristics and shows promising potential for market growth.

1. Chainlink (LINK)

Chainlink is accumulating several collaborations that intersect with the upward trend. OriginProtocol has chosen Chainlink CCIP as its primary solution for securing cross-chain transactions involving Origin Ether (OETH), with the goal of maximum security. At the same time, SubstanceX has joined Chainlink BUILD, providing access to best-in-class oracle services to improve the security and usability of decentralized persistent assets.

Paxos has also integrated Chainlink’s new PayPal USD price feed. The goal is to provide reliable price data for the programmable stablecoin PYUSD on the Ethereum mainnet. After a brief retreat to $18 earlier this week, Chainlink (LINK) has surged 10% to surpass $20 again. Currently trading at $20.16, LINK is on the verge of a major breakout, with analysts predicting a potential $25 bounce.

.@Paxos adopted #ChainlinkIt’s new @PayPal The USD price feed provides secure price data for the programmable stablecoin PYUSD on the Ethereum mainnet.

How Chainlink Can Help Drive PYUSD and Tokenized RWA Adoption Across Web3 ⬇️https://t.co/NvlgwXNyub

— Chainlink (@chainlink) February 7, 2024

Meanwhile, Lookonchain’s data analysis shows that a significant number of whale wallets have been steadily accumulating LINK over the past three days. The account acquired 4,556,684 tokens worth approximately $83.6 million. This continued accumulation indicates positive sentiment and hints at future price appreciation for LINK.

2. Ronin (RON)

Recent developments have enabled the Ronin ecosystem to achieve significant growth. Ronin has partnered with Pyth Network to enhance the community experience. Leveraging the Pyth Oracle, the platform now boasts fast and reliable price feeds for blockchain assets and Ronin Name Service (RNS) market data.

Moreover, the coin’s listing on Binance sparked notable momentum, pushing the price higher. Currently trading above the $2.5 support level, RON has the potential for a near-term surge that could possibly push it above $3.5.

Moreover, Ronin is showing very positive emotions. Additionally, with investors actively trading, the greed score is recorded at 71. RON is crossing its 200-day SMA with a 20/30 upward move, indicating a positive trend of 67%.

Breaking news: $RON / $ronin Available for trading on Binance

After two years of relentless pursuit and unwavering support, the moment our community has been asking for has arrived.

This is a big step towards a world where we discover the secrets we all know. Ronin is a game chain.

illusion… pic.twitter.com/WjvYkLJfhr

— Ronin (@Ronin_Network) February 5, 2024

These developments indicate a promising outlook for Ronin, bolstered by strengthening fundamentals and increasing community support. Therefore, investors closely monitor the coin’s developments, hoping for further evaluation of RON’s value and market positioning.

3. Helium (HNT)

A recent analysis shows a positive outlook for Helium (HNT) in the cryptocurrency market. With a strong use case and rewarding mining incentives, HNT has captured the attention of investors.

HNT is currently trading at $2.25, well above its 200-day SMA. Moreover, there were 15/30 days when the daily closing price exceeded the daily opening price. These recent green candlesticks are further increasing investor interest in the coin.

The v2.6.4 release includes bug fixes and new features. Users can now customize the lock-up period and delegate HNT immediately after the governance lock. Improved UI for canceled vote status in Governance. Additionally, the update includes better bug fixes…

— Helium🎈 (@helium) February 5, 2024

Turning to the future outlook, experts predict a possible resurgence of the bullish trend, pushing the price above $11.50 by the end of the year. HNT was trading around $7.20 in the second week of February. On this note, HNT holders are expecting a potential profit of over 59.72%. This positive outlook is supported by the coin’s strong fundamentals and the prevailing sentiment regarding its future trajectory.

4. Optimism (OP)

Optimism has recently implemented significant upgrades to reduce deposit confirmation times and minimize gas fees. These improvements highlight Optimism’s goal to become a superchain and strengthen its position in the market.

Moreover, the momentum of operating profit is rising by 5.01% during the day, and the price is rising to $3.55. Likewise, its market capitalization soared 5.12% to $3,407,934,819. This positive momentum is due to Optimism’s bullish sentiment. A fear and greed index of 71 indicates that buyers were anticipating potential strength.

Moreover, OP is trading steadily above the 200-day SMA, giving it a favorable position in the market. High liquidity also makes it more attractive to investors. If bulls prevail, Optimism’s average price is expected to continue rising throughout 2024. This could therefore present a potential opportunity for investors looking for promising assets.

5. KLAY

Klaytn price prediction sentiment is bearish, down 95% from its all-time high. However, the coin is poised for a resurgence, with 16 green days in the last 30 days. As expected, investors are ready to take advantage of KLAY’s current good form as its greed score of 71 suggests continued trading activity.

Hopes rise further as the coin trades above its 200-day simple moving average. Moreover, high liquidity relative to market capitalization supports this positive trend. Additionally, Klay rose 4.20% in the last 24 hours, pushing its price to $0.222515.

Klaytn Foundation partners with: @Pinskia Foundation proposes to launch new mainnet project through integration of two blockchain ecosystems https://t.co/kjhOzvOS7u

— Klaytn (@klaytn_official) January 17, 2024

As its popularity grows, Klaytn (KLAY) is positioned for potential growth. Therefore, investors expect new heights to be reached in the blockchain sector. Likewise, analysts predict that the average price of 1 KLAY token could range from $0.20 to $0.74 by 2024. This reflects Klaytn’s promising trajectory.

6. Ituk Tuk (TUK)

investor interest eTukTuk’s web3 startups focused on sustainable transportation are growing steadily. As such, pre-sales of the token are gaining popularity, with recent funds raised exceeding $912,608. With price increases expected over the next 10 days, TUK’s current price of $0.02625 per token presents an opportunity for investors to consider. Traders can also purchase tokens and stake them to receive 239% annual rewards.

eTukTuk’s The innovative approach integrates AI-driven efficiency, green innovation, and smart infrastructure powered by blockchain technology. The $TUK token in particular is key to advancing these initiatives. It promotes AI-based optimization to reduce traffic congestion and fuel consumption and promote sustainable transportation solutions.

“Breakout crypto eTukTuk is working to improve urban transportation in developing countries through electric vehicles and blockchain technology.” – @cryptonews

Learn more here: https://t.co/7hr62WePzm

— eTukTuk (@eTukTukio) February 8, 2024

Additionally, the project’s alignment with environmental goals is evident in its support for green transportation through AI research. Additionally, the utilization of $TUK tokens will pioneer intelligent transportation systems, driving green initiatives in real time.

Visit eTukTuk Presale.

7. Toncoin (TON)

BitGo, a leading cryptocurrency management service, has expanded its services to include TON. With this expansion, BitGo’s 1,500+ institutional customers and regular users will be able to securely manage their TON assets. Therefore, we aim to increase cross-platform trading efficiency and ensure stable liquidity.

Following this consolidation, Toncoin price rose slightly, rising 3.18% in the last 24 hours. Moreover, the Fear & Greed Index indicates an active trading atmosphere with investor sentiment at 71.

🔈 @bitgo We now support Toncoin!

This leading cryptocurrency storage service has expanded to include: #ton. This allows us to safely manage our 1,500+ institutional clients as well as the general public. $TON We provide qualified management services.

Why is this important? 👇🧵 pic.twitter.com/0eeA91CACq

— TON 💎 (@ton_blockchain) February 8, 2024

Moreover, Toncoin is trading 11.08% higher than the 200-day simple moving average (SMA) of $2.03. With solid fundamentals and strong community support, Toncoin promises significant growth. Therefore, TON can grow further as it announces collaborations with other networks.

Learn more

A new cryptocurrency mining platform – Bitcoin Minetrix

• Thanks to Coinsult
• Decentralized, secure cloud mining
• Get free Bitcoin every day
• Native token currently in pre-sale – BTCMTX
• Staking Rewards – APY 50% or more