Kava

Bittensor

Frax Share

TRON

Frax

<p><span style="font-weight: 400;">Investors are constantly looking for tokens to capitalize on the anticipated bull run. With bitcoin slightly regressing, altcoins present a promising alternative. For investors eager to leverage on the market’s current outlook, this guide is your key to unlocking the best altcoins.</span></p> 
<h2 id="b-6-best-altcoins-to-invest-in-right-now-b"><b>6 Best Altcoins to Invest in Right Now</b></h2> 
<p><span style="font-weight: 400;">Even though the market is relatively calm, some tokens are buzzing with potential. Several altcoins, including Sui, TRON, and KAVA, have captured the spotlight. This guide will highlight the unique attributes that make these altcoins stand out, providing investors with valuable insights to make informed market decisions.&nbsp;</span></p> 
<p><span style="font-weight: 400;">Meanwhile, the recent debut of spot </span><a href="https://finance.yahoo.com/news/altcoin-crypto-funds-ethereum-solana-052300752.html"><span style="font-weight: 400;">Bitcoin exchange-traded funds</span></a><span style="font-weight: 400;"> (ETFs) has triggered a shift in investor behavior within the market. According to a newly released report by digital asset fund manager CoinShares, $21 million has been withdrawn from high-profile crypto funds in the past week.</span></p> 
<h3 id="b-1-sui-sui-b"><b>1. Sui (SUI)</b></h3> 
<p><span style="font-weight: 400;">SUI is firmly anchored at $1, signaling an imminent surge to $2.5. With this resilience, Sui has a promising trajectory to reach $12 in the next Bull Run. Furthermore, SUI’s price is $1.112874, rising by 6.91 in the past 24 hours. In conjunction with this rise, Sui’s trading volume reached $1.11 billion, displaying a market dominance of 0.08%.</span></p> 
<p><img decoding="async" class="aligncenter size-full wp-image-474738" src="https://insidebitcoins.com/wp-content/uploads/2024/01/SUI-Price-Chart-1-2.png" alt="SUI Price Chart " width="1640" height="646" srcset="https://insidebitcoins.com/wp-content/uploads/2024/01/SUI-Price-Chart-1-2.png 1640w, https://insidebitcoins.com/wp-content/uploads/2024/01/SUI-Price-Chart-1-2-300x118.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/01/SUI-Price-Chart-1-2-1024x403.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/01/SUI-Price-Chart-1-2-768x303.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/01/SUI-Price-Chart-1-2-1536x605.png 1536w" sizes="(max-width: 1640px) 100vw, 1640px"></p> 
<p><span style="font-weight: 400;">Moreover, recent data from CoinMarketCap highlights a substantial spike in trading volume. As such, the price surpassed $950 million on January 13, following an extraordinary 2,200% surge in just three months.</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">👉 <a href="https://twitter.com/DesigLabs?ref_src=twsrc%5Etfw">@DesigLabs</a> shows how its all new Staking Aggregator gathers data from staking protocols, rates them, and presents the best options for users. <a href="https://t.co/5SEgbqHJw6">https://t.co/5SEgbqHJw6</a></p> 
 <p>— Sui (@SuiNetwork) <a href="https://twitter.com/SuiNetwork/status/1748767407039193174?ref_src=twsrc%5Etfw">January 20, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p><span style="font-weight: 400;">Digging into SUI’s growth metrics, the Total Value Locked (TVL) takes the spotlight. The coin experienced a staggering 828% increase from $54.39 million in October 2023 to the current value of $319.23 million, as reported by DefiLlama. By extension, this surge in TVL firmly establishes SUI among the top-performing crypto coins, showcasing its robust fundamentals.</span></p> 
<h3 id="b-2-kava-kava-b"><b>2. Kava (KAVA)</b></h3> 
<p><span style="font-weight: 400;">KAVA stands firm at the $0.70 support, poised for a potential leap to $2 in the short term. On this note, it is eyeing an impressive $10 in the next bullish wave. Starting from January 1, 2024, KAVA token inflation hit zero. This move marks a turning point, propelling Kava Chain into the spotlight as the inaugural hard-capped, decentralized Proof-of-Stake Layer 1.&nbsp;</span></p> 
<p><img decoding="async" class="aligncenter size-full wp-image-474739" src="https://insidebitcoins.com/wp-content/uploads/2024/01/KAVA-Price-Chart.png" alt="KAVA Price Chart" width="1640" height="645" srcset="https://insidebitcoins.com/wp-content/uploads/2024/01/KAVA-Price-Chart.png 1640w, https://insidebitcoins.com/wp-content/uploads/2024/01/KAVA-Price-Chart-300x118.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/01/KAVA-Price-Chart-1024x403.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/01/KAVA-Price-Chart-768x302.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/01/KAVA-Price-Chart-1536x604.png 1536w" sizes="(max-width: 1640px) 100vw, 1640px"></p> 
<p><span style="font-weight: 400;">Equally, it actively provides competitive on-chain rewards and boasts a community-owned Strategic Vault with a substantial $300 million asset. Meanwhile, the current sentiment around Kava’s price prediction leans bearish. However, Kava’s token inflation injects optimism, reflected in the neutral market trend. The Fear/Greed score is 50, as investors are holding given an imminent bull market.</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">1/ 🌟</p> 
 <p>Kava Chain has transitioned to a zero-inflation tokenomics model!</p> 
 <p>The Kava 15 update halted the creation of new KAVA tokens starting on Jan 1, 2024, setting a new precedent in the PoS landscape. <a href="https://t.co/DRZKb0EDkf">pic.twitter.com/DRZKb0EDkf</a></p> 
 <p>— Kava (@KAVA_CHAIN) <a href="https://twitter.com/KAVA_CHAIN/status/1748481471063756995?ref_src=twsrc%5Etfw">January 19, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p><span style="font-weight: 400;">Along the same lines, Kava is positioned for remarkable growth; the token boasts good fundamentals and strong community support. Therefore, experts project that KAVA Coin could surge beyond $2.43 by 2024. Nonetheless, this depends on potential collaborations with other networks and market trends. In a bullish crypto market, the average price is anticipated to solidify around $2.20 within the same timeframe.</span></p> 
<h3 id="b-3-bittensor-tao-b"><b>3. Bittensor (TAO)</b></h3> 
<p><span style="font-weight: 400;">Despite a 5.77% surge in the last 24 hours, the prevailing sentiment towards Bittensor’s price prediction remains bearish. However, a bull might be on the horizon as the Fear &amp; Greed Index holds firm at 50. Moreover, Bittensor confidently trades above its 200-day simple moving average, signaling market stability.&nbsp;</span></p> 
<p><span style="font-weight: 400;">Furthermore, TAO’s price is $261.85, while the trading volume has increased by 78%, settling at $9.42 million. In addition, the market cap has witnessed a 5% increase to reach $1.60 billion, displaying a market dominance of 0.10%. By market cap, these metrics secure Bittensor as the second-highest-ranked entity in the AI Crypto sector.</span></p> 
<p><img decoding="async" class="aligncenter size-full wp-image-474740" src="https://insidebitcoins.com/wp-content/uploads/2024/01/TAO-Price-Chart-2-1.png" alt="TAO Price Chart " width="1640" height="643" srcset="https://insidebitcoins.com/wp-content/uploads/2024/01/TAO-Price-Chart-2-1.png 1640w, https://insidebitcoins.com/wp-content/uploads/2024/01/TAO-Price-Chart-2-1-300x118.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/01/TAO-Price-Chart-2-1-1024x401.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/01/TAO-Price-Chart-2-1-768x301.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/01/TAO-Price-Chart-2-1-1536x602.png 1536w" sizes="(max-width: 1640px) 100vw, 1640px"></p> 
<p><span style="font-weight: 400;">Concurrently, Bittensor’s history unfolds with peaks and troughs, suggesting its ability to mount a resurgence always. On December 14, 2023, it achieved an all-time high of $394.91. On the other hand, its lowest point was recorded on May 14, 2023, at $31.74. Since reaching its all-time high, the lowest post-ATH price settled at $193.77, marking a resilient trajectory amid market fluctuations.</span></p> 
<h3 id="b-4-tron-trx-b"><b>4. TRON (TRX)</b></h3> 
<p><span style="font-weight: 400;">Huawei Cloud’s Native Enterprise Service (NES) has recently partnered with the TRON Network. The aim is to streamline blockchain operations and enhance accessibility for developers in the Web3 space.</span></p> 
<p><span style="font-weight: 400;">Turning our attention to TRON’s (TRX) price, it’s experiencing an upward trajectory, trading above significant moving averages. Moreover, Bulls are actively pushing for a rally toward the channel’s upper trendline. As such, this sets the stage for potential buying action in the upcoming sessions.</span></p> 
<p><img decoding="async" class="aligncenter size-full wp-image-474741" src="https://insidebitcoins.com/wp-content/uploads/2024/01/TRON-Price-Chart-1.png" alt="TRON Price Chart" width="1640" height="645" srcset="https://insidebitcoins.com/wp-content/uploads/2024/01/TRON-Price-Chart-1.png 1640w, https://insidebitcoins.com/wp-content/uploads/2024/01/TRON-Price-Chart-1-300x118.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/01/TRON-Price-Chart-1-1024x403.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/01/TRON-Price-Chart-1-768x302.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/01/TRON-Price-Chart-1-1536x604.png 1536w" sizes="(max-width: 1640px) 100vw, 1640px"></p> 
<p><span style="font-weight: 400;">Furthermore, the growth of TRON’s weekly and monthly charts reveals a consistent uptrend. In tandem, it has surpassed key values and maintained a strong position above crucial moving averages.&nbsp;</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Check it out <a href="https://twitter.com/hashtag/TRONICS?src=hash&amp;ref_src=twsrc%5Etfw">#TRONICS</a>! 👀<a href="https://twitter.com/HuaweiCloud1?ref_src=twsrc%5Etfw">@HuaweiCloud1</a>'s NES now supports the <a href="https://twitter.com/hashtag/TRONNetwork?src=hash&amp;ref_src=twsrc%5Etfw">#TRONNetwork</a>, enhancing accessibility, streamlining blockchain operations, and providing advanced tools for developers and opportunities for participants in the <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw">#Web3</a> space. 😎 <a href="https://t.co/KB7sB8Dbhr">pic.twitter.com/KB7sB8Dbhr</a></p> 
 <p>— TRON DAO (@trondao) <a href="https://twitter.com/trondao/status/1749660005677289823?ref_src=twsrc%5Etfw">January 23, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p><span style="font-weight: 400;">With increasing buyer interest and its proximity to the upper Bollinger band, a breakout is actively anticipated. Over the past week, TRON’s price has surged from $0.10 to $0.117. Based on current trends, projections indicate a potential value of $0.1798 by the end of 2024.</span></p> 
<h3 id="b-5-frax-share-fxs-b"><b>5. Frax Share (FXS)</b></h3> 
<p><span style="font-weight: 400;">Frax Share is in the spotlight as it gears up for the launch of SfrxETH on EigenLayer, scheduled for January 29th. This native ETH LSD token of the Frax protocol has shown remarkable growth. In addition, the eagerly awaited Fraxtal, Frax’s Layer-2 blockchain, is set to go live in the first week of February.</span></p> 
<p><img decoding="async" class="aligncenter size-full wp-image-474742" src="https://insidebitcoins.com/wp-content/uploads/2024/01/FRAX-Price-Chart.png" alt="FRAX Price Chart" width="1640" height="643" srcset="https://insidebitcoins.com/wp-content/uploads/2024/01/FRAX-Price-Chart.png 1640w, https://insidebitcoins.com/wp-content/uploads/2024/01/FRAX-Price-Chart-300x118.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/01/FRAX-Price-Chart-1024x401.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/01/FRAX-Price-Chart-768x301.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/01/FRAX-Price-Chart-1536x602.png 1536w" sizes="(max-width: 1640px) 100vw, 1640px"></p> 
<p><span style="font-weight: 400;">Furthermore, FXS is catching the eye of the crypto community, with the Total Value Locked (TVL) surpassing $1 billion. As such, Founder Sam Kazemian is optimistic about Fraxtal’s impact, anticipating TVL and market capitalization growth in the coming months. The launch is targeted for the first week of February, with support through Fraxscan and numerous projects expected to debut.</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Today FRAX v3's <a href="https://twitter.com/search?q=%24FXB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$FXB</a> module goes live! This<br>completes the FRAX v3 design and all new feature deployment. This is a watershed moment because of the unique design and utility of FXBs within DeFi.</p> 
 <p>🧵 <a href="https://t.co/V0uR7El2it">pic.twitter.com/V0uR7El2it</a></p> 
 <p>— Frax Finance (¤, ¤) 🦇🔊 (@fraxfinance) <a href="https://twitter.com/fraxfinance/status/1748150329802449069?ref_src=twsrc%5Etfw">January 19, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p><span style="font-weight: 400;">Moreover, this development marks a significant addition to Frax’s product suite, with projects like Curve considering deploying their functionalities on Fraxtal. Utilizing roll-up technology for efficient transaction execution, Fraxtal adds a new dimension to the crypto space.</span></p> 
<h3 id="b-6-bitcoin-minetrix-btcmtx-b"><b>6. Bitcoin Minetrix (BTCMTX)</b></h3> 
<p><a href="https://insidebitcoins.com/visit/bitcoinminetrix" rel="nofollow"><span style="font-weight: 400;">Bitcoin Minetrix</span></a><span style="font-weight: 400;"> is set to reshape the Bitcoin cloud mining landscape with its innovative Stake-to-Mine mechanism, all powered by smart contracts. The project, detailed in its white paper, establishes a secure Ethereum platform, enabling users to stake and burn tokens to earn mining hash power.&nbsp;</span></p> 
<p><iframe title="NEW 10X Potential Presale Bitcoin Minetrix MINES $BTC For YOU - Best Crypto to Buy Now?" width="640" height="360" src="https://www.youtube.com/embed/HOtU4UfV_3Y?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p> 
<p><span style="font-weight: 400;">Moreover, this progressive approach effectively tackles common challenges linked with traditional cloud mining practices. With over 400,000 BTCMTX tokens currently staked, Bitcoin Minetrix has successfully raised an impressive $8.5 million in its ongoing presale phase. This indicates substantial interest and confidence from investors.</span></p> 
<p><span style="font-weight: 400;">Notably, Bitcoin Minetrix strategically implements a unique staking mechanism to mitigate sell pressure upon its exchange debut. Moreover, this strategic move positions the project for robust growth, emphasizing stability and sustainability.</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Cloud mining provides a convenient gateway to <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> mining, eliminating the need for technical expertise, hardware configuration, or upkeep. 💻⚒️</p> 
 <p>Experience cost-effective mining by utilizing cutting-edge equipment, without concerns about electricity expenses or large rigs. <a href="https://t.co/lAQhhNC8k9">pic.twitter.com/lAQhhNC8k9</a></p> 
 <p>— Bitcoinminetrix (@bitcoinminetrix) <a href="https://twitter.com/bitcoinminetrix/status/1749718676020855106?ref_src=twsrc%5Etfw">January 23, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p><span style="font-weight: 400;">With the current success in the presale phase and a solid foundation laid by the Stake-to-Mine mechanism, </span><a href="https://insidebitcoins.com/visit/bitcoinminetrix" rel="nofollow"><span style="font-weight: 400;">Bitcoin Minetrix</span></a><span style="font-weight: 400;"> positions itself as a promising player in the crypto-mining ecosystem. Investors and enthusiasts can anticipate the project’s developments as it introduces a new paradigm in Bitcoin cloud mining through the power of smart contracts.</span></p> 
<h3 id="b-read-more-b"><b>Read More</b></h3> 
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 <li style="font-weight: 400;" aria-level="1"><a href="https://insidebitcoins.com/news/5-best-altcoins-to-invest-in-right-now-december-28-bitcoin-sv-rocket-pool-meme-kombat"><span style="font-weight: 400;">Our Previous Best Altcoins to Invest in Right Now Post</span></a></li> 
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6 Best Altcoins to Invest in Right Now January 23 – Sui, TRON, KAVA

Table of Contents

Inside Bitcoins

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