Join our Telegram channel to stay up to date with the latest news coverage. InsideBitcoins regularly provides an overview of the best cryptocurrencies, taking into account their recent price performance. This article highlights cryptocurrencies that have risen to prominence amid recent price volatility, attracted investor interest, or demonstrated development initiatives. These picks have withstood the market's volatility, exhibiting qualities that make them stand out and offer potential investment opportunities for investors looking for promising assets. This analysis provides valuable insights for investors to consider as potential areas of investment.
The best cryptocurrencies right now
Additionally, as the excitement around the Ethereum ETF caused ripple effects in the crypto market, altcoins took center stage. The analysis suggests altcoins that could be added to a portfolio for impressive growth. For example, Arbitrum launched the ArbitrumOrbit expansion program, allowing users to customize their Orbit chain directly on the Ethereum network. It further analyzes Sei’s collaboration with Kado and aelf’s collaboration with Plug and Play.
1. Arbitrum (ARB)
Arbitrum is launching the ArbitrumOrbit extension program, allowing users to customize settlement of their Orbit chain directly through the Ethereum network. Profits will be shared with the Arbitrum Developer Guild to support core development. The program provides comprehensive support to teams, enabling them to make highly customized chain configurations and dedicated blockchain space.
It will also enable the use of custom gas tokens and potential additional services from the Arbitrum community. In addition, Chainlink and Arbitrum have launched the mainnet beta release of Chainlink Functions on Arbitrum One. This integration marks a major leap forward in smart contract functionality, enabling developers to connect dApps with any API that has trusted computing power.
Arbitrum Orbit is continually enhancing its customization capabilities, enabling projects to tailor solutions to their specific requirements!
2. Chainlink (LINK)
Chainlink (LINK) has shown significant trading activity, gaining 5.38% in 24 hours to reach a price of $15. This recent rise has moved Chainlink up to the 12th position in the market cap rankings. Despite the ongoing consolidation across the market, Chainlink is looking to secure a spot among the top ten cryptocurrencies.
The ongoing uptrend in Chainlink’s price indicates a growing bullish momentum. Moreover, the Cross EMA 50/200-day indicates a high probability of a golden cross, signaling significant price action in the coming days.
In addition, Chainlink’s price rose by 128% last year, surpassing the 80% of the top 100 crypto assets. This upward trend is supported by the high liquidity reflected in its market capitalization. LINK is actively traded on the Binance platform.
Chainlink's current circulating supply is 568.1 million LINK, with a maximum supply of 1 billion LINK. Last year's annual supply inflation rate was 11.83%, creating 60.1 million LINK. As LINK strives to enter the top ten market capitalization, the project's goals and propositions are consistent with its upward momentum and the continued development of the cryptocurrency market.
3. Sei (SEI)
Sei is showing positive momentum with the current price stable at $0.7034 and a 24-hour trading volume of $5 million. The Sei project offers a Layer 1 blockchain that is specialized for trading purposes. This specialization makes Sei a prominent option in the cryptocurrency market.
Additionally, Sei recently announced a partnership with Kado. This partnership aims to provide users from over 160 countries with direct access to Sei through standard fiat currency payment methods. It also allows developers on the Sei network to further integrate fiat currencies into their applications.
Furthermore, it improves the user experience by eliminating the need to leave the app. In addition, Kado plans to collaborate with all decentralized application builders within the Sei ecosystem. The goal is to simplify the onboarding process for specific use cases, further solidifying Sei’s position in the market.
Sei's high liquidity is evidenced by its market cap, which also adds to its appeal. In addition, with a maximum supply of 10 billion SEI, there are currently 2.43 billion SEI in circulation. Sei is currently ranked 10th in the Proof of Stake sector and 25th in the Layer 1 sector.
4. Sponge V2 (SPONGEV2)
SPONGEV2 is an upgraded version of the original SPONGE crypto meme coin. Sponge V2 introduces a unique token economic model while retaining the key points of its V1 version. Both tokens fall into the category of memes and ERC-20 tokens, and together they promote the growth of the Sponge ecosystem.
When life gives you water, grab a $SPONGE! Soak up that moisture!
Furthermore, SPONGEV2 aims to outperform V1 rather than coexist, with a unique approach. Investors exclusively obtain V2 tokens by locking their V1 tokens into the V2 smart contract. This process attracts many investors seeking SPONGE tokens, ensuring that they have SPONGEV2 tokens in their wallets proportional to the staked V1 tokens after launch.
Investors who participate in this token lock-up mechanism are eligible to receive staking rewards paid in SPONGEV2 tokens. In addition, a variable annual percentage yield (APY) is set for 4 years. Currently, the APY is over 250%.
Additionally, over $3.5 million of V1 tokens have been staked and bridged to Sponge V2. This has resulted in Sponge V1’s value increasing by over 50% in the past month. There is great anticipation for the launch of Sponge V2, with expectations for increased demand and listing on multiple exchanges.
Visit SPONGEV2 presale.
5. aelf (ELF)
aelf announced a strategic partnership with Plug and Play, the world's largest open innovation platform. The partnership aims to accelerate the growth of the blockchain ecosystem and promote innovation. The partnership fully leverages the strengths of Plug and Play and aelf to create a dynamic synergy that will reshape the blockchain landscape.
In addition, Plug and Play’s extensive network of enterprise partners will work with aelf’s blockchain experts to explore new use cases and applications. This cross-industry collaboration aims to generate innovative solutions that solve real-world challenges and increase efficiency.
The two platforms plan to work together as partners to develop a series of Web 3.0 workshops targeting enterprise and business use cases across various industry verticals. In addition, the goal is to establish both entities as thought leaders in driving innovation in blockchain and Web 3.0.
In addition, aelf's native token ELF has experienced a price increase of 2.56% in the past 7 days. Currently, the forecast sentiment for aelf's price is neutral, with the Fear & Greed index showing 60 (Greed). ELF's price has increased by 226%, surpassing the 86% of the top 100 crypto assets.
Thailand’s Securities and Exchange Commission (SEC) released an updated regulatory framework earlier this month. The revised guidelines depart from traditional norms and reflect the growing focus on cryptocurrencies.
Read more
The best cryptocurrencies right now
New Cryptocurrency Mining Platform – Bitcoin Minetrix
Rating
Audited by Coinsult
Decentralized and secure cloud mining
Earn free Bitcoin every day
Native token presale in progress – BTCMTX
Staking Rewards – Over 100% APY
learn more
Join our Telegram channel to get the latest news
English 
Chinese (China) 
Chinese (Hong Kong) 