7 Best Altcoins to Invest in Right Now December 26 – WOO Network, Worldcoin, Jito

adminDecember 27, 2023

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As established coins continue to dominate, emerging altcoins are also forging their own path. This coin represents an attractive opportunity for investors seeking growth and diversification.

Additionally, exploring alternative cryptocurrencies reveals many promising options with unique features, innovative technologies, and ambitious visions. This article covers the top contenders that will greatly impact and redefine the cryptocurrency market.

7 Best Altcoins to Invest in Right Now

few best cryptocurrency It is trading below $1, which represents an opportunity for potential investors to profit from the market. Among the top 20 cryptocurrencies by market capitalization, some will remain priced below $1 as of 2024. However, other altcoins also offer investors a cheap opportunity to enter the market.

1. Size (SKL)

The recent integration of ScoreDetect with the SKALE network reflects a strategic move taking into account SKALE’s unique zero-gas architecture. This feature, along with SKALE’s reputation as a high-speed blockchain network with customizable chain configurations, positions it as a suitable blockchain layer for ScoreDetect. The partnership appears to be pivotal, especially considering the expanding network of reputable companies within the SKALE ecosystem.

glass price chart

For ScoreDetect, this collaboration promises efficient data verification by allowing users to generate verification certificates for free in just 20 seconds. These advantages significantly differentiate ScoreDetect from its competitors by providing both affordability and speed and improving its attractiveness as a verification option.

Regarding SKALE’s market performance, its price has surged 195% over the past year, outperforming 78% of the top 100 cryptocurrency assets. SKALE is nearing its peak cycle with trading above its 200-day simple moving average and shows strong liquidity based on market cap.

SKALE Network has established itself as the most active web3 gaming hub of 2023!
It’s not just a network. It’s a gaming revolution. We support gasless games and the amazing dApps pioneering this space.👏 pic.twitter.com/8EGL4NCquI
— SKALE (@SkaleNetwork) December 18, 2023

Additionally, the coin currently ranks 56th in the Ethereum (ERC20) tokens category and 62nd in the layer 1 category. Moreover, SKALE’s bullish sentiment is consistent with its Fear & Greed Index of 71 (Greed).

2. IOTX

IoTeX recently announced the integration of Conflux into W3bstream. This is an important step in improving functionality within the Decentralized Privacy Information Network (DePIN) environment. Additionally, this collaboration provides DePIN founders using Conflux with the opportunity to leverage the capabilities of W3bstream as a middleware layer.

IOTX price chart

Additionally, IOTX, the native token powering the IoTeX network, has grown significantly recently. It has surged 109.27% over the past month and is currently trading at $0.05255. In particular, the value rose 162.93% over the past year and continued to rise despite market fluctuations.

IoTeX’s W3bstream is integrated with: @Conflux_Network. #confluence Now developers can build seamlessly using real data. #defin dApp.
Integration means: 🧵👇https://t.co/es5feEG3A1
— IoTeX (@iotex_io) December 20, 2023

The surge in IoTeX’s on-chain metrics has been significant, with an impressive 90% increase observed in the past week alone. The uptick is due to heightened activity on the platform, highlighted by the notable milestone of processing over 1 million transactions on December 19th.

3. World Coin (WLD)

Worldcoin ranks 43rd among Ethereum (ERC20) tokens, boasting a circulating supply of 104.21 million WLD. This amount is outside the maximum supply of 10 billion WLD. In particular, cryptocurrency shows high liquidity compared to market capitalization.

WLD price chart

Reviewing its recent performance, Worldcoin reached a cycle high in the last cycle, reaching a peak price of $4.08. Current market sentiment indicates a bullish outlook for Worldcoin. This is consistent with the Fear and Greed Index, which displays a value of 71, meaning “greed.”

World Coin is promoting decentralization. https://t.co/YLQBJFxUff
— World Coin (@worldcoin) December 6, 2023

Based on this trajectory, Worldcoin price is expected to increase by 3.25% over the next month. Additionally, the target price is expected to be $3.88 by January 25, 2024.

4. Cosmos (ATOM)

Cosmos has seen price increases over the past year, with prices rising by 31%. It is currently sitting above the 200-day simple moving average and the sentiment surrounding the price prediction is leaning towards the bullish. Notably, it recorded 15 positive trading days out of the last 30 days, accounting for 50% of its recent performance.

ATOM price chart

Despite the inflationary aspects, the project’s liquidity remains at a noticeably high level, as evidenced by its market capitalization. In particular, Cosmos showed positive performance in terms of token sale price.

🔥 2023 was a truly brilliant year. #IBC
The number of IBC-supported chains doubled from 53 to 107. @IBC Protocol growth!
Join us for a chance to rewind 2023 and get a glimpse of what 2024 will look like as we continue to push the boundaries of interoperability 👇https://t.co/xoOOkqruNX
— Cosmos – Interchain ⚛️ (@cosmos) December 22, 2023

However, it is important to consider historical price trends. Note that the highest since the last cycle low was a cycle high of $16.90. The Fear and Greed Index is currently at 71, indicating greed in the market.

5. JTO

Recently, JTO has been making a comeback. Jito currently boasts a circulating supply of 115 million JTO, out of a maximum supply of 1 billion JTO. It ranks 21st among DeFi coins and 3rd in the Solana Network category. The liquidity of the coin is noticeably high, as evidenced by its market capitalization.

JTO price chart

On December 9, 2023, Jito reached its highest price of $4.42, marking an all-time high. However, the lowest recorded price is not provided. Since it is at an all-time high, the observed low is $2.25, which is identified as a cycle low.

StakeNet blends validator records and custodian programs for secure and transparent validator management.
StakeNet is autonomous and StakeNet is DeFi.
LFG! https://t.co/os2kp9rnOB pic.twitter.com/c42vJlVeYi
— Jito (@jito_sol) December 19, 2023

Meanwhile, the highest price since this cycle’s low was the cycle high of $2.94. Currently, the sentiment on Jito’s price prediction leans towards bearish. Similarly, the Fear and Greed Index shows a level of 71, which indicates the state of greed among investors.

6. Meme Combat (MK)

combat memes It has emerged as a notable addition to the cryptocurrency landscape, showing significant traction as it raised $4,563,830 in its ongoing pre-sale, working towards its $5,000,000 goal. The project distinguishes itself through a custom gaming platform for enthusiasts.

We passed the $4.5 million mark. $MK Ticketing!
Well done members! pic.twitter.com/5qPR1eax55
— Meme Kombat (@Meme_Kombat) December 25, 2023

What makes Meme Kombat different is that it fuses staking and betting mechanisms to provide users with a versatile platform to engage and earn rewards. Currently, 50% of the MK token supply is pre-sold at $1.667 per token, with a target of up to $10 million. This approach significantly amplifies the utility of MK tokens within the user ecosystem.

The project also plans to list its tokens on decentralized exchanges. Allocating 10% of the total supply for liquidity is intended to promote rapid token trading. This strategic decision Meme Kombat The white paper highlights our commitment to fostering decentralized MK token trading.

7. Woo Network (WOO)

The WOO Network has seen a significant price surge, reaching a high of $0.494663 from its last cycle low. The sentiment surrounding the current price forecast is leaning towards bullish. This is consistent with the Fear & Greed Index of 71, indicating the state of greed among investors.

Wu price chart

In particular, in the Exchange Tokens sector, WOO Network ranks 8th by market capitalization. A key feature of the WOO network is the 310% price increase over the past year. Moreover, it surpassed the performance of both Bitcoin and Ethereum.

We are pleased to announce that the WOO
The futures already in the DMM model will complete the further shift in direction.
– WooX (@_WOO_X) December 21, 2023

In addition, the current trading status is above the 200-day simple moving average, and the token sale price is also showing positive performance. Additionally, in the past 30 days, the network has experienced 18 green days, accounting for 60% of recent trading history.