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The altcoin market is gaining momentum, with tokens like SUI, ADA, LINK, SEI, and WIF leading the way. Over the past 24 hours, these cryptocurrencies have seen significant gains, surpassing key resistance levels and drawing increased attention from traders and investors.
This surge has prompted market participants to closely watch support and resistance levels to identify the next potential price movements for these performing assets. The growing focus on altcoins may also reflect a shift in investor preferences, reinforcing their importance within the broader cryptocurrency ecosystem. As this trend continues, many investors are considering the top crypto to invest in right now for potential opportunities in the current market.
Top Crypto to Invest in Right Now
The Beam Foundation has launched BeamAI, a new initiative aimed at incorporating artificial intelligence into the gaming industry. Meanwhile, Arweave is currently priced at $16.79, showing a 9.74% increase in the last 24 hours. Additionally, Celestia has rolled out the Ginger upgrade on its Mainnet Beta, a move designed to boost performance and prepare for greater scalability in the future.
1. Beam (BEAM)
Beam Foundation has introduced BeamAI, a new division focusing on integrating artificial intelligence (AI) within the gaming industry. This initiative explores innovative ways AI can transform game development and user experiences. Under the leadership of a University of Oxford-trained mathematician with expertise in deep learning, BeamAI is well-positioned to drive advancements through research and practical tools.
BeamAI builds on partnerships already established in the AI and gaming sectors, signaling a commitment to collaboration and innovation. This approach highlights BeamAI’s focus on leveraging cutting-edge technology to reshape gaming dynamics.
Beam Node Token Mint – Status update.
Node Tokens minted: 27,140 for a total worth of $33M.
Beam burned: 872,466,701 $BEAM for a total worth of $28M.
Time remaining before mint fee increases: 3 days, 15 hours.
Learn more 👇 pic.twitter.com/DiCbOSHtye
— Beam (@BuildOnBeam) December 20, 2024
Currently, the Beam token is priced at $0.02899, reflecting a significant 27.98% increase over the past 24 hours. It has recorded 18 green days in the last 30 days, indicating relative market strength. Additionally, the 24-hour volume-to-market-cap ratio stands at 0.1031, suggesting moderate liquidity for its market size.
According to price prediction metrics, sentiment around Beam remains bearish despite recent price performance. However, the Fear & Greed Index indicates a score of 73, reflecting a market leaning toward greed, which could influence short-term trading activity.
2. Quant (QNT)
Quant operates as an operating system for distributed ledger technology, powered by the Overledger Network, which aims to connect various blockchain networks. It is described as the first blockchain-focused OS, with its primary goal being to bridge the interoperability gap between different blockchain platforms.
As of today, Quant is priced at $117.26, reflecting a 20.43% increase in the last 24 hours. The token is trading 32.55% above its 200-day Simple Moving Average (SMA) of $88.58, signaling strong momentum. Moreover, the 14-day Relative Strength Index (RSI) stands at 29.44, indicating that the asset is currently oversold and may experience an upward trend soon.
The token’s performance is further supported by high liquidity relative to its market cap and a solid showing with 16 green days over the past 30 days (53%). Additionally, the positive performance of Quant compared to its token sale price underscores its potential appeal to investors.
These technical indicators suggest that QNT could be positioned for further gains in the near term, particularly if broader market conditions stabilize. Its role in enhancing blockchain interoperability adds to its long-term relevance, making it a project worth monitoring.
3. Wall Street Pepe (WEPE)
Wall Street Pepe (WEPE) has attracted significant attention just two weeks into its presale, appealing to investors globally. With a price of $0.0003651, the token offers an accessible entry point for those seeking early-stage opportunities.
The project has raised over $33.5 million, nearing its presale target, which signals growing confidence in its potential. A key driver of this interest is the staking rewards program, offering up to 39% APY. This incentive, coupled with the platform’s emphasis on security, has drawn participation from both retail and institutional investors.
A notable aspect of WEPE is its community-centric model. Token holders gain access to a private group where they can exchange trading strategies, insights, and market analysis. This feature provides an opportunity for participants to stay informed and potentially benefit from shared knowledge in a highly competitive crypto space.
$30M raised. Memes run the internet. Wepe runs the memes. 🐸 ⚔️ pic.twitter.com/scMZmwEfKv
— Wall Street Pepe (@WEPEToken) December 18, 2024
Investor enthusiasm also stems from the project’s focus on fostering a strong and active community. The growing “WEPE army” reflects confidence in the token’s potential to create long-term value in the market. Many view this as a chance to leverage collective support and momentum.
As the presale reaches its final stages, the increasing interest in Wall Street Pepe highlights its appeal as a community-driven project with tangible benefits. The market will closely watch how the token performs following its launch.
Visit Wall Street Pepe Presale
4. Arweave (AR)
Arweave is trading at $16.79, reflecting a 9.74% price increase in the past 24 hours. According to recent analyses, market sentiment around Arweave remains bearish despite this uptick. The Fear & Greed Index indicates a value of 73, suggesting a market leaning toward greed-driven sentiment.
The cryptocurrency has shown relatively positive performance compared to its initial token sale price, with 15 green days in the past 30 days, highlighting consistent activity. Additionally, its 24-hour volume-to-market-cap ratio stands at 0.1640, indicating moderate liquidity based on its market capitalization.
Arweave’s 14-day Relative Strength Index (RSI) is currently at 33.81, which positions the cryptocurrency in neutral territory. This suggests a possibility of sideways trading in the short term, with no immediate signs of significant upward or downward momentum.
According to forecasts, Arweave is expected to rise by 38.06% by January 2025, potentially reaching $23.74. This indicates room for growth, especially for investors looking to capitalize on medium-term market movements.
5. Celestia (TIA)
Celestia has introduced the Ginger upgrade on its Mainnet Beta, marking a significant step toward enhancing performance and setting the stage for future scalability. The upgrade aligns with the platform’s ongoing efforts to improve blockchain efficiency and expand decentralized data accessibility.
According to Celestia, the Ginger upgrade represents an important milestone in its roadmap, emphasizing its commitment to decentralization and scalability. This update supports the platform’s ability to cater to new use cases for decentralized applications, particularly those requiring data-intensive operations and rollups.
It underscores Celestia’s focus on creating a blockchain ecosystem capable of handling developers’ and users’ growing demands. At the time of writing, Celestia’s price is $5.21, reflecting a 12.31% increase over the past 24 hours. The cryptocurrency has shown consistent strength, recording 15 green days out of the last 30.
Time to go bigger ⬆️
Introducing the first Mammothon 🦣
Register now: https://t.co/Atak4axHsh pic.twitter.com/UwOuhNvmx8
— Celestia 🦣 (@celestia) December 17, 2024
Additionally, Celestia demonstrates high liquidity relative to its market capitalization, which suggests strong investor interest and active trading activity. The Ginger upgrade signifies progress toward achieving a scalable, decentralized blockchain environment.
By focusing on performance improvements and preparing for future demands, Celestia positions itself as a viable platform for developers seeking to build efficient and innovative decentralized applications. The upgrade also highlights the platform’s potential to support more robust use cases in the evolving blockchain landscape.
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