Join Our Telegram channel to stay up to date on breaking news coverage
Layer 1 (L1) tokens have experienced remarkable price growth in 2024, with some seeing increases as high as 7,000%, according to a report from CoinGecko. The report identifies Mantra (OM), AIOZ Network (AIOZ), and Sui Network (SUI) as the leading performers among L1 cryptocurrencies this year.
Additionally, the report attributes the price boosts to factors such as Donald Trump’s U.S. Presidential victory. In light of the positive crypto market wave, investors are searching for affordable tokens, particularly the best altcoins to watch today.
6 Best Altcoins To Watch Today
Quant (QNT) was introduced in June 2018 to tackle blockchain interoperability issues. Over the past year, Solana has experienced significant growth, with its price rising by 294%. zkSync (ZK) is currently valued at 0.186256, marking a 2.55% increase in the last 24 hours. Flockerz, a meme coin project, has successfully raised $3.9 million in its presale, drawing attention from investors as a promising new player in the meme coin sector.
Astar (ASTR) has implemented Chainlink’s Cross-Chain Interoperability Protocol (CCIP), boosting its ability to interact across blockchains. JasmyCoin (JASMY), ranked #80, boasts a market capitalization of $1.35 billion, with an 8.50% price increase in just one day. Meanwhile, Bitcoin ETF investments have surged to record levels following the recent election results.
1. Quant (QNT)
Quant (QNT) was launched in June 2018 to address blockchain interoperability. The project introduced the first blockchain operating system, aiming to connect multiple blockchains and networks on a global scale. Its approach focuses on achieving this without compromising efficiency or reducing network interoperability. This innovation positions Quant as a notable solution to a key challenge in the blockchain ecosystem.
QNT is priced at 99.16, reflecting an increase of 5.32% over the past 24 hours. The market sentiment is bullish, supported by a Fear & Greed Index score of 84, which indicates “Extreme Greed.” Additionally, the token is trading above its 200-day simple moving average. This suggests strong market support and interest from investors.
Quant also demonstrates high liquidity relative to its market capitalization, making it accessible for trading. It has performed well and maintained relevance in the evolving cryptocurrency market compared to its initial token sale price.
2. Solana (SOL)
Solana (SOL) is priced at 241.52, showing a 0.80% decline in the past 24 hours. Despite this slight drop, the overall sentiment surrounding the coin remains bullish. The Fear & Greed Index reflects “Extreme Greed” with a score of 84, which indicates strong investor confidence in the market.
Over the past year, Solana’s price has increased by 294%, demonstrating notable growth. It has outperformed 82% of the top 100 crypto assets during the same period. Moreover, it has also shown stronger performance than major cryptocurrencies like Bitcoin and Ethereum.
gm! Art Basel Miami Beach is just around the corner and the Solana community is showing up in a big way 🎨
3 days, 2 venues, and dozens of incredible artists — here’s your guide to the ultimate art week 👇 pic.twitter.com/J5jmjBPZFR
— Solana (@solana) November 29, 2024
Currently, Solana is trading 47.22% above its 200-day Simple Moving Average (SMA), which stands at 163.99. This indicates a positive trend as the coin is well above this key technical indicator. The token also trades near its cycle high, highlighting its ongoing market momentum. Additionally, Solana benefits from high liquidity relative to its market capitalization, making it more accessible for traders and investors.
3. ZKsync (ZK)
zkSync (ZK) is priced at 0.186256, with a 2.55% increase in the past 24 hours. Market indicators suggest a bullish outlook, supported by a Fear & Greed Index score of 84, which indicates “Extreme Greed.” Over the last 30 days, zkSync had 17 green days, meaning its daily closing price was higher than its opening price 57% of the time. This demonstrates a consistent upward trend.
The coin is trading near its cycle high, with a price volatility of 11.38% during the same period. Analysts predict that zkSync’s value could rise by 228.97% and reach 0.626551 by 30 December 2024. This outlook, combined with the token’s high liquidity and strong market activity, suggests that current market conditions could favor investment. However, as cryptocurrency markets are highly volatile, it is essential to remain cautious and informed.
The Elastic Chain is a rollup cluster whose sum is greater than its parts.
► Era: The first ZK Chain and flagship L2 from @zksync
► @cronos_chain: The Cronos zkEVM, in partnership with @cryptocom
► @zerodotnetwork: An L2 network with zero gas fee, by @zerion pic.twitter.com/lzRyIUD3y8— ZKsync (∎, ∆) (@zksync) November 28, 2024
Looking further ahead to 2025, zkSync is forecasted to trade between 0.3251 and 0.902823. On average, it is expected to settle at approximately 0.518084 during the year. January might be the most promising month for growth, with predictions of a 384.16% increase from today’s price.
4. Flockerz ($FLOCK)
Flockerz, a meme coin project, has raised $3.9 million in its presale, attracting investors’ attention as an emerging opportunity in the meme coin market. What differentiates Flockerz is its community-driven model through the Flocktopia DAO, where token holders vote on important project decisions, such as marketing strategies or game development. Voters are also rewarded with additional FLOCK tokens, which encourage active participation.
Additionally, Flockerz offers a staking protocol with annual yields of 602%. With 25% of the token supply allocated for staking rewards, the project ensures long-term sustainability for passive income earners. This approach sets Flockerz apart from typical meme coins that rely on viral trends.
The presale price is currently $0.0061997 per token, and investors can purchase FLOCK using crypto and traditional payment methods. Analyst ClayBro has expressed optimism, predicting a potential 20x increase in price by 2025. He also highlighted Flockerz’s growing social media presence and transparent tokenomics as strong indicators of future demand.
The Flock just passed 3.5M!!!!
What a big day for this flock. From humble beginnings to worldwide notoriety the flock isn’t ready to stop anytime soon!
Here’s to the next! 🔥💙🐦 pic.twitter.com/Go1L3mDsTm
— Flockerz (@FlockerzToken) November 28, 2024
While the official DEX launch date is not yet set, Flockerz benefits from favorable market conditions, with established meme coins seeing recent gains. Completed audits by Coinsult and SolidProof further add to the project’s credibility.
Visit Flockerz Presale
5. Astar (ASTR)
Astar (ASTR) has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP), enhancing its cross-chain functionality. This collaboration will enable Astar to benefit from secure liquidity, improved scalability, and innovative solutions within the Soleum and Superchain ecosystem.
Chainlink CCIP offers several key features that benefit Astar. First, it provides Level-5 security with independent risk management and continuous monitoring to prevent exploits. Additionally, the protocol has proven reliability, securing over $1 trillion in value. This ensures smooth token transfers through “Smart Execution.” Chainlink’s decentralized oracle networks also provide an extra layer of defense, protecting billions of dollars locked in smart contracts.
Teams participating in the LFGM campaign are driving user adoption for their projects while demonstrating the diverse utilities of our native ASTR token on the @soneium Minato testnet.
Let’s check out a few projects which have our attention!
Part 2 👇 pic.twitter.com/jZkjrQsg6u
— Astar Network (@AstarNetwork) November 28, 2024
Looking at Astar’s market performance, the sentiment surrounding ASTR remains positive. The token has increased by 18% over the past year. It is trading above the 200-day simple moving average and has experienced 15 positive trading days in the last month. Astar also shows strong liquidity, which contributes to its market stability.
6. JasmyCoin (JASMY)
JasmyCoin (JASMY) is currently ranked #80 with a market cap of $1.35 billion, showing a 1-day price increase of 8.50%. Over the past year, its price has risen by 436%, outperforming 86% of the top 100 cryptocurrencies, including Bitcoin and Ethereum. The coin is trading at $0.02737, and its 24-hour trading volume stands at $209.16 million, marking a 48.56% rise.
JasmyCoin’s total supply is capped at 50 billion, with approximately 49.39 billion currently in circulation. It is trading above its 200-day simple moving average (SMA), which is $0.021033, indicating a positive trend. Specifically, it is 28.37% above the 200-day SMA.
Exciting news! 🎉$JASMY has been listed on Korea’s largest exchange, @Official_Upbit 🚀
As a project originating from Japan, we’re expanding business opportunities in the Korean market. #Jasmy #BTC #Upbit https://t.co/sa2GKWqt6d— Jasmy-MGT (@JasmyMGT) November 20, 2024
The market sentiment for JasmyCoin is bullish, and the Fear & Greed Index is at 84, signaling “Extreme Greed.” Based on current trends, analysts predict that JasmyCoin could reach a price range between $0.026806 and $0.090343 by December 2024, representing a potential increase of around 99.48%. Assuming the prediction holds, this would result in a possible return on investment (ROI) of 234.53%.
Learn More
Most Searched Crypto Launch – Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards – pepeunchained.com
- $40+ Million Raised at ICO – Ends December
Join Our Telegram channel to stay up to date on breaking news coverage
Credit: Source link