After Bitcoin’s massive surge to over $44K, analysts expect a pullback in Bitcoin dominance and a monumental altcoin run in the coming days. If this occurs, those who buy the most promising altcoins could yield tremendous gains.
However, there is much to consider when identifying the best projects to invest in. With that in mind, this article provides the top 6 altcoins to buy now based on market trends, price, use cases, partnerships, analysts’ opinions, and more.
Bitcoin Minetrix
Currently, the best high-potential altcoin to buy is Bitcoin Minetrix, a compelling Stake-to-Mine protocol on Ethereum that enables users to mine Bitcoin by staking $BTCMTX tokens.
The use case provides unprecedented value to the Bitcoin mining industry, helping bolster the Bitcoin Network’s hash rate by enabling anyone to start cloud mining.
It works by users buying and staking $BTCMTX in exchange for Bitcoin mining credits. They can then burn these credits on the Bitcoin Minetrix platform for cloud mining power, translating to free Bitcoin.
The ingenious thing about the project is that there are no limitations to getting started, users do not require hardware or technical expertise, and there are no overhead costs. There are also no space or noise constraints like with standard Bitcoin mining.
Consequently, it is ideal for beginners and those with time or locational restrictions preventing them from mining.
The $BTCMTX token is central to the process, with users requiring it for staking. This provides a vast demand stream, while its supply will be limited as most tokens will be locked for staking.
As such, Bitcoin Minetrix boasts a scarcity-driven token economy, potentially enabling its price to explode once the mining protocol goes live.
The project is currently in its presale, priced at $0.012. However, this is set to rise in one day, so investors must act fast.
Visit Bitcoin Minetrix Presale
ORDI
ORDI is a Bitcoin-Ordinals-based token that has recently become the first in its category to reach a $1 billion market cap.
It features a novel use case that remains somewhat of a mystery to many spectators. However, its central premise is inscribing data like text and images to the Bitcoin network. That said, it is mainly regarded as a meme coin, with its price primarily driven by hype and speculation.
ORDI has experienced significant success lately, up 120% in the last week and over 570% this month. It holds a $990 million market cap with a $1.6 billion 24-hour trading volume.
This notable trading activity indicates tremendous interest and curiosity among market participants, likely driven by anticipation that the Bitcoin ecosystem may explode.
With ORDI faring as the market leader in this category, it holds a first-mover advantage, increasing the likelihood of a price explosion should the Bitcoin ecosystem continue to garner momentum.
In recent months, activity on the Bitcoin Network has exploded thanks to Bitcoin Ordinals and the technical advantages of NFTs on the network compared to Ethereum. The main benefit is that with Bitcoin Oridnals, NFT data is stored and hosted on the blockchain, whereas Ethereum NFTs are not actually hosted on the Ethereum network.
TG Casino
TG Casino is a newly launched crypto casino available directly from the Telegram application. It offers countless benefits over other crypto casinos, like a more intuitive user experience, availability to Telegram’s one billion users, and end-to-end encryption.
It is also KYC-free, and users can enjoy instant deposits and withdrawals directly to their crypto wallet.
Moreover, the project boasts cutting-edge security, with its team recently passing a KYC audit and its smart contract passing an audit, too. Furthermore, TG Casino is one of the only Telegram casinos to be licensed and regulated.
Given all its advantages, it is no surprise that the platform is already in high demand, with over 2,000 active players who have wagered more than $30 million so far.
Another factor driving players to the platform is the benefits of the $TGC token. Holders get free rewards, 25% cashback on losses, access to exclusive games and rooms, a 173% staking APY, up to 200% rakeback, and more.
One of the strongest bull runs of any cryptocurrency in recent months was that of Rollbit (RLB), which has a similar utility to TGC.
Currently, TG Casino is undergoing a presale, having raised over $3.4 million in nine weeks. However, with a $5 million hard cap and its price incrementally increasing throughout the presale, those looking to buy should act fast.
Bonk
Bonk is a trending meme coin native to the Solana network. The project launched in December 2022 but rose to prominence amid Solana’s recent pump in Q4 this year.
Currently, Bonk is trading at $0.000008078, up 25% in the last day, 82% in the previous seven days, and 950% this month. It holds a $438 million market cap and a $110 million 24-hour trading volume.
Several factors hint at significant potential for Bonk, with the first being that thanks to its bull run $BONK is now closing the gap on Pepe to become the third-largest meme coin by market cap. If it succeeds, this will drive tremendous hype, potentially creating a blow-off top that causes its price to explode.
Another is that it is yet to be listed on tier-one exchanges like Binance or Coinbase. Nevertheless, it still holds an impressive trading volume, indicating massive interest and contributing to notable price potential should the CEX giants list it.
Lastly, Bonk is the leading meme coin on Solana regarding market cap and community. This provides a first-mover advantage and means it will capture a significant portion of incoming liquidity if Solana continues to surge.
Additionally, Solana’s vibrant community, low transaction fees, and high speed create an optimal environment for trading meme coins, potentially enabling the chain to capture Ethereum’s market share in the upcoming bull run.
Bitcoin ETF Token
Another project showing immense potential is Bitcoin ETF Token. It offers an innovative twist on the upcoming Bitcoin ETF approvals, rewarding holders as they occur.
The project is currently in its presale, having raised $2.7 million in one month. It has amassed significant hype since its launch, with analysts like Jacob Bury predicting it will 10x, while Crypto Boy suggests it holds 100x potential.
Top media outlets like Cointelegraph, Crypto News, BeInCrypto, Yahoo Finance, and Investing.com have also covered Bitcoin ETF Token. This illustrates the project’s legitimacy and its ability to generate hype.
There are three cornerstone features to the project, each attributing to explosive price potential.
The first is a staking mechanism, currently offering 93% APY. This has already fared in high demand, with 273,926,381 $BTCETF staked so far.
It also boasts a renowned burn mechanism, with 25% of its total supply set to be destroyed across five Bitcoin ETF milestones. Meanwhile, the token features a 5% burn tax, making it deflationary and incentivizing long-term holding.
Lastly, Bitcoin ETF Token offers Bitcoin ETF Alerts, which updates users on the latest Bitcoin news directly from its website. This could help foster an active and engaged community while increasing the project’s viral potential.
Visit Bitcoin ETF Token Presale
Meme Kombat
Our final pick for a high-potential altcoin is Meme Kombat. This crypto offers a unique use case that blends the best of meme coins and crypto gambling, making for a gamified betting experience.
The project lets users wager on AI-generated battles between prominent meme coin characters, providing a fun way to earn crypto. Players must bet using the $MK token, providing a demand stream that introduces price stability through utility-driven demand.
Meanwhile, its meme coin allure could help it foster a vast community, and Meme Kombat’s social media is already targeting the meme coin audience through engaging and culturally relevant content.
However, Meme Kombat boasts a significant advantage over other meme coin projects because it features a doxxed team and smart contract audit. This attests to the project’s security and introduces a degree of transparency and accountability that most of its competitors cannot claim.
It also features a staking mechanism, currently providing a 330% APY. A high 72% of $MK is already staked, and the project has paid out 2,196,423 $MK in rewards so far.
These factors have led to a massively successful presale, raising over $2.5 million in two months. There is still time for buyers to secure the $MK presale, but they should act fast, as its price will rise in one day.
