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Cryptocurrency News Articles

5 New Altcoins Investors Are Flocking to Before 2024

Dec 18, 2024 at 12:23 am

While 2024 may be winding down to a close, there's nothing sluggish about the crypto market at the moment. And it's not only the OGs that are taking all the glory. Here's our take on five new attention-grabbing altcoins investors are flocking to.

5 New Altcoins Investors Are Flocking to Before 2024

As 2024 winds down, the crypto market continues to heat up, with new altcoins attracting investors' attention. Here are five promising altcoins that are making waves in the presale and broader crypto scenes.

1. Wall Street Pepe ($WEPE)

2. Solaxy ($SOLX)

3. Sui ($SUI)

4. Best Wallet Token ($BEST)

5. Virtuals Protocol ($VIRTUAL)

1. Wall Street Pepe ($WEPE)

The Wall Street Pepe presale is underway and has already raised over $27.8M. The presale started on December 12 and has seen a rapid increase in funds raised. On December 13, the presale raised $15M, which quickly rose to $25M by December 16. Today, investors added another $2.8M to the kitty.

This immense investor confidence could be linked to Pepe Unchained's ($PEPU) phenomenal success since listing. Will $WEPE become the new $PEPU? Only time will tell.

$WEPE has raised almost $30M, with its current price of $0.0003647 set to increase in less than 23 hours. If you’re considering joining Wall Street Pepe's frog army at a great price, you’d best hop to it.

2. Solaxy ($SOLX)

Since going live just two days ago, the Solaxy presale has already raised $659K. That’s on par with $WEPE's first 48 hours of presale. Could $SOLX be headed in the same direction?

Solaxy is Solana's first-ever Layer-2 solution, which in itself is promising. Some 30% of the total supply of 138,046B tokens has been allocated to the ecosystem's development.

Building on Solana's strengths, Solaxy promises higher speeds, more scalability, and less congestion and failed transactions – great news for meme coin traders.

Currently, 1 $SOLX goes for $0.00156, with 2788% staking rewards a definite drawcard for early investment. To sweeten the deal, this multi-chain token will be on the almighty Ethereum and Solana blockchains.

3. Sui ($SUI)

Early investors who snatched up $SUI for $0.10 in the early presale days will no doubt be all smiles. $SUI is currently trading at $4.83, representing a 48x return since this altcoin’s listing in mid-2023. SUI's $13.91B market cap is nothing to sneeze at, either.

Yesterday, the blockchain's native token, $SUI, hit an all-time high (ATH) of $4.91. It’s since seen a pullback but remains strong – a solid indicator of investor confidence.

Sui's blockchain is a next-generation Web3 platform that prioritizes security, speed, and scale. It's especially geared towards gaming development and DeFi projects.

Sui has also partnered with the likes of Phantom Wallet and Backpack, which will see both companies adding $SUI to the blockchains they support. These are just some reasons a bullish market could see $SUI reaching $7.60 in the new year.

4. Best Wallet Token ($BEST)

Speaking of crypto wallets, Best Wallet also has a native token in presale. Best Wallet is unique in that it's a fully non-custodial, mobile-only app. This means saying sayonara to wallets managed by centralized exchanges and companies. You have full control.

Best Wallet is upping the ante by introducing advanced features such as a presale aggregator, enhanced decentralized wallet recovery, higher staking awards, and even lower transaction fees. And it intends to power these improved features through its native token, $BEST.

Right now, 1 $BEST costs $0.023225, but a price increase is due within the next 24 hours. Tick tock…

5. Virtuals Protocol ($VIRTUAL)

$VIRTUAL has seen a 61.40% price increase in the past seven days. Pretty impressive, no? And yesterday, it recorded an ATH of $3.30. There’s since been a pullback to around $2.70, but we believe there are more good things to come.

$VIRTUAL – with a circulating supply of 1B – is the native token of the AI agent generator platform Virtuals Protocol. If you're wondering what AI agents are, think Alexa, Siri, ChatGPT, and the like. These are systems and programs designed to understand and interact with their environment and carry out specific tasks based on a request.

This DeFi

Original source:bitcoinist

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