Best Cryptocurrencies to Invest in Right Now January 11 – ONDO, Solana, Jupiter

The cryptocurrency market remains strong despite some fluctuations. In December, altcoins surged significantly, ushering in a notable “altcoin season.” After that, activity slowed down. The index is currently at 46, suggesting a decline in altcoin dominance but still reflecting solid market activity. This cooling phase indicates that altcoins are continuing to perform well overall, although they are not outpacing Bitcoin as much as they were in December.

For investors, these indicators help gauge market dynamics. Investors looking for market opportunities are turning their attention to cryptocurrencies that demonstrate growth potential. This article analyzes some of the following: The best cryptocurrencies to invest in right now.

The best cryptocurrency to invest in right now

MANTRA recently announced a significant partnership with DAMAC Group, securing a $1 billion contract. Meanwhile, Solana’s price is showing strength, trading above the 200-day simple moving average (SMA) of $179.48. Best Wallet Token is also making progress in its ongoing pre-sale, having raised over $6 million so far, with each token priced at $0.02355.

1. Temperature (ONDO)

Ondo operates at the intersection of traditional finance and blockchain technology with the goal of connecting these worlds through its ecosystem. The Ondo Foundation is collaborating with commercial partner Ondo Finance to develop decentralized protocols and tokenize real-world assets. This approach aims to make finance more accessible and efficient.

The ONDO cryptocurrency plays a central role in the governance of Ondo DAO, a decentralized organization focused on expanding access to high-quality financial products. ONDO token holders participate in decision-making, especially related to Flux Finance, the protocol controlled by the DAO. This structure allows users to influence the direction and priorities of the platform.

The current ONDO price is $1.27, the last 24-hour trading volume is $423.06 million, and the market capitalization is $1.77 billion. Although the price fell 1.98% compared to the previous day, the trading volume is high compared to the market capitalization (0.2398), which means that liquidity is considerable. Analysts predict that the price is likely to increase by 228.05%, reaching $4.13 by February, but forecasts may vary depending on market conditions.

2. Mantra (OM)

MANTRA recently announced a significant partnership with DAMAC Group, signing a $1 billion contract. This collaboration focuses on integrating various assets from the DAMAC portfolio, including real estate, hotels, and data centers, into the MANTRA blockchain. The goal is to tokenize these assets to create a secure ecosystem that allows for efficient investment and management.

MANTRA Chain will be the foundation for this integration. Tokenization involves converting tangible and intangible assets into digital tokens on the blockchain. This process aims to make investment opportunities easier for users to access and use more efficiently.

🕉️🚨𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚: MANTRA and DAMAC Group @DAMACOfficial Revolutionize tokenized real-world assets with USD 1 billion worth of transactions.#mantra and #desire The groups will work together to support token-based financing for a variety of assets, including real estate, hotels, and data centers. pic.twitter.com/AblEjLgoWH

— Mantra | Mainnet Live (@MANTRA_Chain) January 9, 2025

By leveraging blockchain technology, the partnership seeks to provide a secure and transparent option for DAMAC’s investment management. MANTRA is currently trading at $3.89, with a 24-hour trading volume of $131.29 million. The market capitalization is $3.26 billion, and the token price is 72.56% higher than the 200-day average of $2.25.

The relative strength index (RSI) of 58.54 indicates stable performance and suggests the possibility of sideways trading in the near term. Despite the price falling slightly by 2.82% in the last 24 hours, MANTRA shows liquidity and stability. It recorded 15 positive trading days in the past month, suggesting investor confidence. Sentiment remains neutral, but fear and greed indices indicate the market is tilting towards greed.

3. SOLANA

Solana is a blockchain-based platform that enables decentralized finance (DeFi) applications. Operating as an open source project, it leverages blockchain technology to provide financial solutions without relying on traditional intermediaries.

The current price of SOL token is $187.08, reflecting a slight decline of 0.22% in the last 24 hours. Over the past year, the price of this cryptocurrency has risen 90%, surpassing 68% of the top 100 cryptocurrencies. This performance indicates strong interest and growth compared to other assets in the sector.

Solana is trading above its 200-day simple moving average (SMA) of $179.48, which is 4.16% higher than this key indicator. SMA helps investors evaluate long-term trends. The 14-day relative strength index (RSI), which measures momentum, is 52.36, indicating that the asset is neither overbought nor oversold and can continue to trade without significant fluctuations.

Additionally, Solana has high liquidity, making it easy to buy and sell without significant price fluctuations. The market capitalization is $90.42 billion and the 24-hour trading volume is $12.29 billion, with a market capitalization-to-volume ratio of 0.1359.

4. Jupiter (JUP)

Jupiter is a cryptocurrency and decentralized exchange platform built on the Solana blockchain. It features an advanced swap aggregation engine that connects users to various liquidity sources, ensuring efficient trading within the Solana ecosystem. The platform offers tools such as limit orders, dollar-cost averaging (DCA), time-weighted average price (TWAP), bridge comparators, and perpetual trading, making it versatile to suit a variety of trading needs.

Jupiter’s architecture provides critical infrastructure for Solana’s decentralized finance (DeFi) applications, helping users efficiently access liquidity. By focusing on simple tools and reliable performance, we aim to serve both experienced traders and those new to DeFi.

At press time, the price of Jupiter was $0.7935, down a slight 0.28% over the last 24 hours. It is up 23,595.05% on volume well above its 200-day simple moving average (SMA) of $0.003332. This implies long-term price strength and high liquidity relative to market capitalization, which improves its usability for traders.

The 14-day relative strength index (RSI) is 53.35, a neutral value indicating stable trading conditions without strong upward or downward momentum. Analysts are predicting that Jupiter’s price could rise 226.82%, potentially reaching $2.58, but this is still just speculation.

5. Best Wallet Token (BEST)

best wallet We provide a platform aimed at simplifying cryptocurrency management. It provides tools for asset management, trading, staking, and discovering new tokens. Our user-friendly design seeks to make it easier for beginners and experienced users to navigate the complex cryptocurrency market.

A standout feature is the upcoming token tool, which identifies new cryptocurrencies with growth potential. For example, tokens like Pepe Unchained and Catslap have made significant gains after being highlighted on the platform.

BEST token holders get additional benefits. This includes exclusive access to airdrops, early entry into promising token presales, reduced trading fees, staking rewards, and the ability to participate in governance decisions within the platform ecosystem. Long-term holders can also use BEST as a portfolio asset.

🔥 More than $6.5 million raised – Best Wallet is moving fast! 🔥

This is what momentum looks like. Those who are ahead of the curve reserve their seats for exclusive tools and early access! 💪

Don’t miss your chance to join.

Download now 📲 https://t.co/he5kzraFJw pic.twitter.com/hROku9LK2Y

— Best Wallet (@BestWalletHQ) January 6, 2025

The platform’s ongoing presales have raised more than $6 million. The current price of BEST is $0.02355 and the cost will increase as the pre-sale progresses. After launch, the token is expected to be listed on decentralized and centralized exchanges, which may affect its value.

By providing customized tools and benefits to cryptocurrency users, best wallet It is positioned as a versatile option in the market. It aims to bridge the gap between user needs and the complexity of cryptocurrency interactions. Investors interested in the platform have a limited time to purchase tokens at current prices, as future price increases are built into the pre-sale structure.

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