Solana has experienced significant bullish momentum this week as it soars by over 23%. The current price is $76, and it peaked earlier today at $77. This comes after months of uptrending, with the price up over 400% since October.
Its recent pump has also earned it a place on CoinMarketCap’s trending list, an accolade that holds much weight given the broader market’s explosive trajectory this week.
Other cryptos have also seen notable gains; Avalanche is currently heading the top 10 coins by market cap, up 22% in the last day.
However, liquidity is cycling down, with some newer altcoins soaring even more. For instance, the Solana-based meme coin Bonk is up over 230% this week.
With that in mind, many analysts eagerly seek the next project to undergo a similar trajectory. Therefore, we have compiled a list of the best altcoins to buy now. We consider market trends, price, use cases, tokenomics, community, and more. Let’s explore our top picks below.
Bitcoin ETF Token
Our choice for the best altcoin to buy now is Bitcoin ETF Token. The project is currently undergoing a presale, raising over $3.2 million in just one month.
Its notable presale success is due to the project’s unique use case, which harnesses the unprecedented Bitcoin ETF hype.
Market analysts like JP Morgan believe the SEC will approve Bitcoin ETF applications in January, driving tremendous liquidity into the market.
This is one of the key narratives bolstering crypto prices recently, but Bitcoin ETF Token’s direct focus could give it an advantage over other projects.
Essentially, Bitcoin ETF Token rewards holders as Bitcoin ETFs are approved. This means users can bet on Bitcoin ETFs getting approved by buying the $BTCETF presale.
Bitcoin ETF Token has three central mechanisms: burning, staking, and alerts.
The team has allocated 25% of its total supply to be burned across five ETF milestones and implemented a 5% burn tax on transactions that reduces by 1% at each milestone. This makes the token deflationary and incentivizes long-term holding.
Its staking mechanism offers an 84% APY, and presale investors can start staking immediately. However, the rewards decrease as more tokens are staked.
Lastly, it offers real-time updates to its website on the latest Bitcoin ETF news, aiming to foster an active and engaged community.
The Bitcoin ETF Token presale price is $0.0064, but this will increase shortly.
Another altcoin with immense viral potential is Meme Kombat. It is a multi-purpose project, fusing GambleFi with meme coins to tap into two of crypto’s hottest trends.
The project lets users gamble on automated battles between popular meme coin characters using the $MK token. This provides a steady demand stream for $MK while simultaneously benefiting from the hype-driven nature of meme coins.
Many meme coins have outpaced the market lately, and this trend will likely intensify as the bull run takes shape in the coming months.
However, Meme Kombat’s integration of gamified crypto gambling provides a tremendous unique selling point (USP) over its competitor, potentially enabling it to grab a large market share quickly.
Prominent YouTuber Zach Humphries is strongly bullish on the project, recently suggesting its innovative use case could present explosive potential.
Another benefit of Meme Komat is robust security measures. Its founder is KYCd on the project’s website, and blockchain security firm Coinsult has audited its smart contract. These factors increase the project’s transparency, giving investors peace of mind that Meme Kombat is a long-term project and will not “rug pull.”
The current Meme Kombat presale price is $0.235, but this will rise to $0.246 in five days.
TGC Token is the native token of TG Casino a compelling crypto casino aiming to tackle the industry’s user experience problem.
It is a Telegram-based platform, so users can gamble directly from the Telegram application on desktop or mobile. It provides a seamless user interface with end-to-end encryption and is available to Telegram’s one billion users.
The project is also KYC-free, making it effortless to get started. However, users do not sacrifice security, as TG Casino is one of the only regulated Telegram-based casinos. Furthermore, its team recently passed a KYC audit, and its smart contract passed a security audit, too.
Users can gamble on hundreds of games and sportsbook events, and the platform already boasts impressive statistics like over $30 million wagered, $3.7 million in net deposits, and over 2450 active users.
It is currently undergoing a presale, having raised over $3.7 million. One of the reasons for its success is the countless benefits the $TGC token provides. For example, holders get free rewards, access to exclusive games and rooms, 25% cashback on losses, up to a 200% rakeback bonus, and a 167% staking APY.
These benefits also hint at significant price potential once it launches on exchanges. However, investors are running out of time to buy the presale because its hard cap is just $5 million.
With the Bitcoin halving just months away, new presale crypto Bitcoin Minetrix could be poised for tremendous upside potential. The project offers a revolutionary use case, enabling anyone to mine Bitcoin effortlessly.
It works by users staking $BTCMTX on its Ethereum-based platform in exchange for Bitcoin mining credits. These credits are non-transferable ERC-20 tokens, which they can burn in exchange for cloud mining power.
The process requires no hardware, technical expertise, or overhead costs for the user, making it ideal for beginners or those wanting to earn Bitcoin without the extra baggage.
$BTCMTX’s central role in the operation could equate to massive upside potential. Users require it for staking, providing a steady demand stream. Meanwhile, many tokens will be locked in the staking contract, and rewards are primarily paid out in mining credits, not $BTCMTX.
This creates a compelling tokenomic landscape where demand is high, and supply is low.
As such, top analysts are rallying behind the project, with No Bs Crypto speculating it could 100x. Meanwhile, Michael Wrubel explained to his 310K YouTube subscribers several reasons why the crypto has massive potential.
Consequently, the presale has seen significant success, raising more than $5 million in just over two months.
Investors can buy $BTCMTX for $0.0121, but this is set to rise in two days.
With Solana taking off recently, liquidity has begun cycling throughout its ecosystem. Through the last bull market, much activity on Solana involved NFT trading. However, meme coins look to steal the show in the upcoming bull market on Solana.
As mentioned, Bonk is currently up over 230% this week. It is also up over 620% this month and holds a $815 million market cap. This makes it the third-largest meme coin after overtaking Pepe on Friday.
This also makes it the largest meme coin on Solana, but its upside is limited mainly due to its significant market cap. However, Solana’s runner-up meme coin, Myro, is also experiencing bullish momentum but with much more room for growth.
It holds a $39 million market cap and is up 114% this week and 950% this month. That said, its $39 million market valuation means it could 10x and still be less than half of Bonk’s current market cap.
Consequently, many analysts are backing Myro to outperform Bonk and other cryptos in the market’s next leg up.
Prominent trader Eric Cryptoman recently predicted that Myro will climb to a $200 million market cap from its current price, much quicker than it rose from a $10 million to $40 million market cap.