Altcoins
The 4 Best Altcoins to Buy Now
8:42 a.m. ▪ 3 min reading ▪ by Luc Jose A.
With the current price dynamics in the crypto market, now is the time to invest most heavily in altcoins. And if you still don’t know which altcoins to favor, we are here to help you. Here are 3 altcoins you could invest in right now to increase your chances.
Chain link (LINK)
If you’re looking to invest in crypto right now, start by considering Chainlink. Chainlink is a blockchain oracle network that helps Ethereum smart contracts connect to payment systems, APIs, and various external data sources. The project has a lot of potential.
The project’s native token, LINK, is currently trading at around $14.24 on CoinMarketCap with sustained growth over the past 7 days. After reaching its all-time high of $52.8761 in May 2021, LINK could soon set a new record.
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Avalanche (AVAX)
A fierce competitor to Ethereum with a multi-chain approach, Avalanche has managed to attract major players like MasterCard. Since 2021, blockchain has entered the Top 10 most used blockchains. This is not surprising, given that it was designed to solve scalability and transaction cost issues on Ethereum.
Despite a recent setback, its cryptocurrency, AVAX, is showing a clear upward trend over the past few days. Its current price is around $36.08 on coinmarketcap with a growth of 3.79% in the last 24 hours.
Solana (SOL)
While this is not investment advice, we suspect Solana (SOL) will make big waves in the months to come. Its performance over the past year places it among the cryptocurrencies to recommend this year.
With a growth of 7.05% over the last 7 days, the cryptocurrency is currently trading at nearly $147.39 on coinmarketcap, well below its ATH of $260. Solana could clearly be a great investment opportunity for this altcoin season. It’s up to you to choose your altcoin and get started as soon as your calculations are correct.
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Luc José A.
A graduate of Sciences Po Toulouse and holder of a blockchain consultant certification issued by Alyra, I joined the Cointribune adventure in 2019. Convinced of the potential of blockchain to transform many sectors of the economy, I took the commitment to raise awareness and inform the general public about this constantly evolving ecosystem. My goal is to enable everyone to better understand blockchain and seize the opportunities it offers. I strive every day to provide an objective analysis of current events, to decipher market trends, to relay the latest technological innovations and to put into perspective the economic and societal issues of this ongoing revolution.
DISCLAIMER
The views, thoughts and opinions expressed in this article belong solely to the author and should not be considered investment advice. Do your own research before making any investment decisions.