The 7 best Altcoins to invest in right now February 11: Ronin, Helio, Optimism| Trending Viral hub

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Investing in altcoins to take advantage of upcoming bullish trends is a smart financial move. These tokens often have the potential to outperform the big players in the industry.

Additionally, altcoins offer investors accessible ways to upgrade their portfolios. In this sense, this article compiles a list of the best altcoins to buy right now.

The 7 best altcoins to invest in right now

As bitcoin is approaching the $50,000 mark, certain tokens are attracting attention for their investment potential. Helium, Ronin and Toncoin are emerging as prominent altcoins, well positioned as contenders for portfolio inclusion. Each token possesses unique attributes and demonstrates promising potential for market growth.

1. Chain Link (LINK)

Chainlink is racking up several collaborations that intersect with its bullish trend. OriginProtocol has selected Chainlink CCIP as its primary solution to secure cross-chain transactions involving Origin Ether (OETH), aiming for maximum security. At the same time, SubstanceX has joined Chainlink BUILD to access top-notch oracle services, improving security and usability for decentralized perpetuation.

LINK price chart

Additionally, Paxos has integrated Chainlink’s new PayPal USD price feed. The goal is to provide reliable price data for its PYUSD programmable stablecoin on the Ethereum mainnet. Following a brief pullback to $18 earlier this week, Chainlink (LINK) is up 10%, surpassing the $20 mark again. Currently trading at $20.16, LINK is at a critical breakout point, with analysts predicting a possible rally to $25.

Meanwhile, Lookonchain data analysis reveals a steady accumulation of LINK by a major whale wallet over the past three days. The account acquired 4,556,684 tokens valued at approximately $83.6 million. This ongoing accumulation indicates positive sentiment and suggests future LINK price appreciation.

2. Ronin (RON)

Recent events have positioned the Ronin ecosystem for significant growth. Ronin partnered with Pyth Network to improve their community experience. Leveraging Pyth Oracle, the platform now features fast and reliable pricing for its blockchain assets and market data from Ronin Name Service (RNS).

Additionally, the coin’s listing on Binance has generated notable momentum, driving its price higher. Currently trading above the $2.5 support level, RON is poised for a potential rise above $3.5 in the near term.

RON Price chart

Furthermore, Ronin is showing a very positive feeling. Furthermore, the greed score stands at 71 as investors are actively trading. RON is above its 200-day SMA with an upward move of 20/30, indicating a positive trend of 67%.

These developments signal a promising outlook for Ronin, reinforced by strengthening its fundamentals and growing community support. Therefore, investors are closely monitoring the currency’s developments, anticipating further appreciation in the value of RON and its market positioning.

3. Helium (HNT)

Recent analysis indicates a positive outlook for Helium (HNT) in the crypto market. With its strong use case and rewarding mining incentives, HNT has caught the attention of investors.

HNT Price chart

Currently, HNT is trading significantly above the 200-day SMA at $2.25. Additionally, there have been 15/30 days where the daily closing price exceeded the daily opening price. These recent green candles are further increasing investor attention on the coin.

Moving on to future projections, experts anticipate a possible resurgence of its bullish trend, predicting a rise to over $11.50 by the end of the year. HNT was trading around $7.20 in the second week of February. In this sense, HNT holders project a potential gain of more than 59.72%. This positive outlook is supported by the currency’s strong fundamentals and prevailing sentiment regarding its future trajectory.

4. Optimism (OP)

Optimism recently implemented significant improvements to reduce deposit confirmation times and minimize gas fees. These improvements emphasize Optimism’s goal of becoming a superchain, strengthening its position in the market.

Furthermore, OP’s momentum is gaining as a 5.01% intraday rise has lifted its price to $3.55. Similarly, the market capitalization experienced a rebound of 5.12%, reaching $3,407,934,819. This positive momentum is attributed to the bullish sentiment of optimism. The fear and greed index of 71 also indicates that buyers expected upside potential.

ON price chart

Furthermore, OP is trading comfortably above its 200-day SMA, which positions it favorably in the market. Furthermore, its high liquidity further highlights its attractiveness to investors. If the bulls prevail, the average Bullish price is anticipated to continue appreciating throughout 2024. Therefore, this could offer potential opportunities for investors looking for promising assets.

5.Klaytn (KLAY)

Klaytn price prediction sentiment is bearish, falling 95% from the all-time high. However, with 16 green days in the last 30, the coin is making a comeback. As expected, investors are set to take advantage of KLAY’s current good form as the greed score of 71 suggests ongoing trading activities.

KLAY price chart

Hope rises further as the coin trades above the 200-day simple moving average. Furthermore, this positive trend is supported by its high liquidity based on its market capitalization. Furthermore, Klay rose by 4.20% in the last 24 hours, raising its price to $0.222515.

In light of its growing popularity, Klaytn (KLAY) is positioned for potential growth. Therefore, investors project that it will reach new heights in the blockchain sphere. Furthermore, analysts predict that by 2024, the average price of 1 KLAY token could range between $0.20 and $0.74. This reflects Klaytn’s promising career.

6. eTukTuk (TUK)

Investor interest in eTukTuk’s The web3 startup focused on sustainable transportation is constantly growing. As such, the token’s pre-sale is gaining traction, recently surpassing the $912,608 mark in funds raised. With a price increase expected in the next ten days, TUK’s current price of $0.02625 per token presents an opportunity that investors should consider. Additionally, traders can purchase the tokens and stake them for a 239% annual reward.

eTukTuk’s The innovative approach integrates AI-driven efficiency, green innovations and smart infrastructure powered by blockchain technology. In particular, the $TUK token is instrumental in promoting these initiatives. It facilitates AI-driven optimizations to reduce traffic congestion and fuel consumption, promoting sustainable transportation solutions.

Additionally, the project’s alignment with environmental goals is evident in its support of green transportation through AI research. Furthermore, the use of $TUK tokens is a pioneer in intelligent transportation systems, driving ecological initiatives in real time.

eTukTuk Presale Visit.

7. Toncoin (TON)

BitGo, a major cryptocurrency custody service, has expanded its offering to include TON. This expansion allows BitGo’s more than 1,500 institutional clients and everyday users to manage their TON assets securely. Therefore, it aims to drive cross-platform trading efficiency and ensure reliable liquidity.

TON price chart

Following this integration, Toncoin price saw a modest rebound, increasing by 3.18% in the last 24 hours. Additionally, the Fear & Greed Index suggests an active trading atmosphere, with investor sentiment at 71.

Furthermore, Toncoin is trading 11.08% above its 200-day SMA, which stands at $2.03. With its solid fundamentals and strong community support, Toncoin promises significant growth. Therefore, TON could grow even further as it announces collaborations with other networks.

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