With the crypto market cap well above $3 trillion, many altcoins are showing very promising price activity. So, what are the best altcoins to buy right now?
We’ve put together a short list of promising altcoin projects that have shown bullish price action in recent weeks, as well as boasting strong use cases or price catalysts for the immediate future.
Let’s take a look at the best altcoins in January 2025.
What are the best altcoins to buy right now?
Before we begin, it’s worth noting that no one can tell you which assets you should or shouldn’t invest in.
What are your investment goals? What is your risk appetite? It is crucial to develop your own investment strategy, including profit targets and stop loss targets, before making any important financial decisions.
Yes, the following altcoins could be a welcome addition to the crypto portfolio just once. However, the best altcoins to buy right now are actually those coins that best suit your personal trading needs!
So make sure you have a clear idea of ​​what you’re after when you dive into the world of cryptocurrency altcoins.
1. Sui (SUI)
SUI, the native token for the Sui (YOU) L1 blockchain built to support dApp development, is a famous high-cap altcoin which has seen growing momentum in recent weeks.
At the end of last year, SUI was added to the list of assets traded by the Grayscale investment firm, increasing the profile and prestige of the coin in the industry. SUI has grown 31% in the past month and 13% in the last week, now it is 13th in the market capitalization ranking.
2. Bitget Token (BGB)
Bitget Token is seeing an excellent month with more than 108% gain so far and 9% growth in the last 7 days. Bitget Token (BGB) benefit from its attachment to the heavy project Bitget Wallet. The token also provides real-world utility in the Bitget ecosystem by offering discounted trading fees, early access to new projects, staking rewards, and free withdrawals.
All of the above has contributed to the healthy demand for the BGB token which appears to have bullish trading activity at the time of writing.
3. ai16z (AI16Z)
While we often hate to include meme coins in lists like these, the Solana ecosystem meme coin ai16z gets a mention here for showing strong upward momentum over the last month, with a price correction in the past week.
ai16z (AI16Z) has grown 120% this month before returning 26% in the past week, a tremendous price drop that could signal that the price is consolidating for another rally. Of course, more research is needed to identify real-time price indicators that might suit your particular trading strategy. However, the confluence of a major growth followed by a minor pullback it certainly creates some of the conditions that can, in some cases, favor a bull run.
4. Tokenize Xchange (TKX)
One promising altcoin that may not be on everyone’s radar right now is Singapore-based crypto exchange Tokenize Xchange. Tokenize Xchange (TKX) coin has risen 144% in the last month, with a pullback of 13% in the last 7 days that potentially leaves room for another price increase.
The coin offers utility by providing discounted trading fees on the Tokenized Xchange platform. This is a tried and tested method to add value to a cryptocurrency, as seen with the roaring success of Binance’s native BNB token.
5. Virtual Protocol (VIRTUAL)
Virtuals Protocol is a blockchain-powered AI platform that allows users to release pre-programmed autonomous AI agents to handle a variety of tasks. If this rings a bell, it’s because the Virtual Protocol (VIRTUAL) is establishing itself as a direct competitor to the hugely popular Fetch.AI project that is now collaborating with the Munich government and making big waves in the crypto space.
The Virtual Protocol is aimed at a fairly niche area of ​​the blockchain industry with few competitors and a lot of potential value, and it’s likely that the hype about the coin’s potential is behind the recent 79% jump in value in last month, despite a 29% pullback this week.
Choose the best altcoins to buy
When evaluating the right altcoin to buy, there are several things to consider. The health and reputation of a project and its staff is always important, and it can be partially measured by checking the news and social media posts around the project.
Projects with anonymous staff, for example, are sometimes considered with more caution due to the perceived risk of acting in bad faith, while projects with staff who have a good track record in the business may calm some of these concerns. concerns for potential investors.
The use case and the viability of a project, such as the purpose of its native cryptocurrency and the blockchain network, should be the deciding factor. Projects that have demonstrated a real-world use case are often seen as more viable than projects whose product is still theoretical.
Finally, current and past price performance should come into play. Learning technical analysis is a skill that can pay dividends for financial investors. Price charts can reveal interesting price patterns and trends that can help inform an altcoin trading strategy for those looking for the best altcoins to invest in right now.
FAQ
How can I choose the best altcoins to buy now?
Checking the recent price of altcoins and finding altcoins that have seen price movement in recent days or weeks can be informative for many traders. Of course, everyone would have had the same idea!
So some traders prefer to find coins that have seen a recent price increase followed by a slight price correction, and then conduct more technical analysis to see if the coin is viable for their investment strategy. By doing this, you can find some promising candidates for your list of strong altcoins to buy today.
What is the best altcoin to buy right now?
No one can tell you which might be the right altcoin for your personal crypto portfolio. However, this article has some suggested coins that could be worth researching in your time to see if it could be a good fit for you and your investment strategy. See above for our list of the top 5 altcoins to buy now.
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only.