With a crypto market cap well above $3 trillion, plenty of altcoins are showing promising price action. So, what are the best altcoins to buy right now?
We've compiled a short list of promising altcoin projects that have shown bullish price action over the past few weeks, as well as boasting strong use cases or price tools for the future .
Check out the best altcoins of January 2025.
What are the best altcoins to buy now?
Before we begin, it's worth noting that no one can tell you which fund you should or shouldn't invest in.
What are your investment goals? What is your risk appetite? It is essential 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 good addition to the right crypto portfolio once. However, the best altcoins to buy right now are those coins that best suit your personal trading needs!
So make sure you have a clear idea of what you are after when entering the world of cryptocurrency altcoins.
1. Sui (SUI)
SUI, the native sign for the Sui (SUI) L1 blockchain built to support dApp development, a a popular high-cap altcoin that has seen an increase in the past few weeks.
At the end of last year, SUI was added to the list of funds traded by the investment company Grayscale, increasing the image and reputation of the coin in the industry. SUI rose 31% in the past month and 13% in the past week, now at #13 in the market cap ranking.
2. Bitget Token (BGB)
Bitget Token is seeing an excellent month with over 108% gains so far and 9% growth over the past 7 days. Bitget Token (BGB) benefits from its association with the Bitget Wallet heavy project. The token also provides real-world utility within the Bitget ecosystem by offering discounted transaction fees, early access to new projects, stake rewards, and free withdrawals.
All of the above has contributed to a healthy demand for the BGB token which is witnessing bullish trading activity at the time of writing.
3. ai16z (AI16Z)
While we often like to include meme coins in lists like this, the Solana meme coin ai16z ecosystem gets a mention here for showing a strong upward trend over the past month , canceled by last week's price correction.
ai 16z(AI16Z) grew 120% this month before pulling back 26% in the past week, a major price drop that could signal that the price is consolidating for a rally another. Of course, more research is needed to identify real-time price signals that may be appropriate for your particular trading strategy. However, a big increase confluence followed by a smaller withdrawal certainly creating some of the conditions that could, in some cases, be favorable for a bull run.
4. Tokenize Xchange (TKX)
One promising altcoin that may not be on everyone's radar right now is the coin for the Singapore-based crypto exchange Tokenize Xchange. Mark Xchange (TKX) dogs have risen 144% in the past month, with a 13% pullback in the past 7 days that could leave room for another price increase.
The coin offers convenience by providing discounted transaction fees on the Tokenized Xchange platform. This is an experimental way to add value to a crypto coin, as shown by the wild 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 various tasks. If this rings a bell, it's because Virtuals Protocol (BIRTHDAY) is establishing itself as a direct competitor to the popular Fetch.AI project that is now collaborating with the Munich government and making big waves in the crypto space.
Virtuals Protocol is targeting a very niche area of the blockchain industry with few competitors and a lot of potential value, and the hype over the potential of the coin is likely behind the jump in value 79% recently over the last month, despite a 29% pullback this week.
Choosing the best altcoins to buy
When evaluating the right altcoin to buy, there are a few things to consider. The health and reputation of a project and its employees is always important, and can be measured to some degree by examining news stories and social media posts around the project.
Projects with anonymous staff, for example, are sometimes viewed with greater caution due to the perceived risk of behaving in bad faith, while projects with staff at the industry has a good track record of alleviating some of these concerns for potential investors.
Arguably, the use case and feasibility of a project, such as the intended purpose of the cryptocurrency network and its native blockchain, will be the deciding factor. Projects that have demonstrated a real-world use case are often seen as more feasible than projects whose outcome 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.
Frequently Asked Questions
How can I find the best altcoins to buy right now?
Examining the recent price performance of altcoins and finding altcoins that have moved prices up in the past few days or weeks can be informative for many traders. Of course, everyone will have the same opinion!
So some traders prefer to find coins that have seen a recent price increase followed by a slight price correction, and then do further technical analysis to see if the coin is viable for the their investment strategy. By doing this, you will 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 what the right altcoin might be for your personal crypto portfolio. However, there are some coins recommended in this article that may be worth investigating in your own time to see if they may be suitable for you and your investment strategy. See above for our list of the 5 best altcoins to buy now.
Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only.