Crypto Gloom

5 Best Altcoins to Buy Right Now September 10 – Stacks, Bittensor, Toncoin

Crypto Companies News
By Crypto Gloom

Join us telegram Stay up to date with the latest news coverage by subscribing to our channels.

Several altcoins, including RUNE and DOGE, have been in the spotlight recently as analysis suggests they may be able to break above weekly resistance levels. Historically, such breaks have led to significant price spikes.

Meanwhile, market experts believe that the recent plunge in Bitcoin’s price is likely a calculated move by large investors, or “whales,” in preparation for an upcoming bull market. Analysts have examined Bitcoin’s chart patterns and compared them to past trends. They have also pointed out that Ethereum and other altcoins have been preparing for a long-term rally in recent months. In this market project, investors Best Altcoins to Buy Right Now.

5 Best Altcoins to Buy Right Now

Stacks, the smart contract layer of the Bitcoin network, recently reached a milestone by exceeding 1,400 smart contract deployments in the past month. Meanwhile, Toncoin (TON), a cryptocurrency linked to the Telegram platform, has seen significant declines in the past month, losing more than 20% of its value.

In contrast, a new meme coin, Crypto All Stars (STARS), gained popularity during its pre-sale period, reaching $1.1 million. Michael Saylor of MicroStrategy also predicted: Bitcoin It could surge to $13 million by 2045.

1. Stack (STX)

According to network announcements, Stacks has surpassed 1,400 smart contract deployments in the past month, a 30% increase over the previous month. This growth comes ahead of the full activation of the long-anticipated Nakamoto upgrade, which began rolling out at Bitcoin block 840,360 on August 28.

As interest in Bitcoin Layer 2 (L2) projects grows, so does venture capital investment, with more than $94.6 million allocated to such initiatives in Q2 2024 alone.

STX Price Chart

Experts see Stacks as having the potential to tap into the roughly $800 billion in latent capital in the Bitcoin ecosystem. This growing ecosystem could significantly expand the utility of BTC beyond its traditional uses.

The Stacks token is also worth noting. STX is trading at $1.53 following a 7.70% intraday rally. It is up 241% in the past year, outperforming 86% of the top 100 crypto assets. The token is trading above its 200-day simple moving average and has shown consistent momentum. For example, it has had 15 positive trading days out of the last 30. Liquidity also remains strong relative to its market cap.

2. Vitensor (TAO)

Bittensor is a decentralized network that combines blockchain technology and artificial intelligence (AI). By implementing Proof of Learning (PoL), nodes can provide trustworthy AI models while protecting user privacy. Cross-chain features and the native token TAO aim to expand the decentralized AI ecosystem and promote collaboration within the community.

TAO Price Chart

TAO’s PoL mechanism rewards only those nodes that deliver successful AI models. This approach encourages the development of capable AI systems while maintaining performance standards across the network. Additionally, Bittensor’s token economy driven by TAO encourages the participation of node operators and developers.

As of today, Bittensor’s token, TAO, is priced at $277.43, up 10.74% in the last 24 hours. Over the past year, its value has surged by a whopping 474%, outperforming 92% of the top 100 cryptocurrencies.

It is currently trading at 127.22% above its 200-day simple moving average, indicating strong upside momentum. Bittensor, which had a green day for 15 days last month, is showing a positive short-term trend. According to the forecast, TAO is expected to reach $897.19 by October 2024, up 227.33%.

3. Artificial Intelligence Superintelligence Alliance (FET)

The collaboration between the artificial intelligence (AI) and cryptocurrency industries is deepening as both sectors evolve. A notable development is the launch of the native FET token (soon to be renamed ASI) on the Cardano blockchain by SingularityNET and the Artificial Superintelligence Alliance. This initiative represents the merger of SingularityNET, Fetch.ai, and Ocean Protocol.

The ASI token is priced at $1.14, up 5.79% in the last 24 hours. This is in contrast to the overall trend last week, when it was down 4.0% from $1.20 to its current value. The token’s all-time high is $3.45.

FET Price Chart

Analyzing recent price movements, we can see that there are varying levels of volatility. Prices have moved significantly in the short term over the past 24 hours, but the movements over the past week have shown a different trend. The Bollinger Bands on the chart show this volatility, with the wider bands indicating greater price fluctuations.

Last week, the volume decreased by 39.0%, which is in contrast to the slight increase in the circulating supply of 0.11%. The current circulating supply is 2.52 billion, which is about 95.84% of the max supply of 2.63 billion. Fetch.ai or FET is ranked 32nd by market cap, and is valued at $2.87 billion.

4. TON Coin (TON)

TON, a cryptocurrency closely tied to the Telegram platform, experienced a sharp decline last month, losing more than 20% of its value. The decline was triggered by the arrest of Telegram CEO Pavel Durov.

However, Toncoin’s price has started to recover this week, rising back to around $5. Market analysis suggests that it could break $5.50 by the end of the week. If this happens, it could pave the way for a further rally past $6, establishing Toncoin as a notable altcoin.

TON Price Chart

According to CoinGlass, there has been a noticeable increase in trading activity, with volumes soaring 148% in the last 24 hours. The total value of TON perpetual futures has reached $511.25 million, while spot market trading has grown 115%, reaching $300 million in a single day.

Toncoin is currently trading at $5.24, up 6.07% over the last 24 hours. Over the past year, the coin is up 206% and is trading 158% above its 200-day simple moving average (SMA) of $2.03, showing strong performance relative to its historical price. The recent rally and increased trading activity suggest that Toncoin is a cryptocurrency to watch, especially as it approaches a potential cycle high.

5. Crypto All Stars (STARS)

Crypto Allstars A new meme coin called (STARS) has been gaining attention during its pre-sale period, recently reaching a milestone of $1.1 million. This achievement suggests that demand is growing, driven by the unique MemeVault protocol. MemeVault, the first multi-chain, multi-token staking program, has attracted significant attention due to its innovative features.

Star Tweet

Support from popular meme coin holders like Dogecoin and Pepe also contributes to the project’s momentum. Some traders predict that STARS could see significant growth after its launch, with estimated returns reaching up to 100x.

The STARS token, currently priced at $0.0014362, is being offered through a presale, offering participants a variety of payment options, including ETH, USDT, BNB, and credit cards. The flexibility of the presale will allow it to attract a wider range of investors ahead of the token’s upcoming listing on a decentralized exchange.

To strengthen its credibility, Crypto All Stars has undergone audits by SolidProof and Coinsult, increasing investor confidence in the project’s security. In addition, the coin’s visibility has increased, especially within the SHIB Army, due to the support of influencers such as YouTuber Jacob Bury and crypto analyst ClayBro.

Notable Features Crypto Allstars With a staking mechanism, the annual yield is estimated at 1245%, which provides an attractive opportunity for those seeking passive income.

Visit Crypto All Stars Pre-Sale

Learn more

Most Searched Crypto Launch – Pepe Unchained

Pepe UnchainedPepe Unchained
  • Layer 2 Meme Coin Ecosystem
  • Featured on Cointelegraph
  • SolidProof and Coinsult audited
  • Staking Rewards – pepeunchained.com
  • ICO Raises Over $10 Million – Closing Soon

Pepe UnchainedPepe Unchained


Join us telegram Stay up to date with the latest news coverage by subscribing to our channels.

You might also like More from author