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The incoming U.S. President, Donald Trump, has reaffirmed his backing for the blockchain sector. In a video message addressed to the Blockchain Affiliation throughout their latest Coverage Summit gala, Trump emphasised his administration’s dedication to advancing america as a pacesetter in blockchain innovation on the worldwide stage.
The Blockchain Affiliation shared the video on X, voicing optimism about the way forward for blockchain beneath Trump’s management. They highlighted that his presidency may mark the primary pro-crypto administration in U.S. historical past, coinciding with probably the most blockchain-friendly Congresses. In mild of this, buyers are looking for inexpensive tokens to capitalize on the present market development, significantly the finest altcoins to purchase now.
5 Greatest Altcoins to Purchase Now
KuCoin Token (KCS) has displayed notable exercise prior to now 24 hours, with its worth rising by 2.50%. Flockerz (FLOCK), a meme-based cryptocurrency impressed by a “flock of birds,” continues to generate curiosity available in the market. Curve DAO Token (CRV) has seen a major worth uptick, gaining 5.05% throughout the identical interval.
GateToken (GT), the native token of GateChain, has demonstrated outstanding development over the past yr, with its worth growing by 163%. Bitcoin Money (BCH) is buying and selling at $539.80, reflecting a 2.67% acquire prior to now day. In the meantime, Bitcoin has reached a brand new all-time excessive, surpassing $107,000.
1. KuCoin Token (KCS)
KuCoin Token (KCS) has proven a relatively dynamic efficiency over the past 24 hours, evidenced by a 2.50% improve in worth. At present buying and selling at $12.39, this token ranks #81 within the huge crypto market, with a market capitalization of $1.48 billion. This determine, nonetheless, displays solely a slight uptick of two.51%, suggesting that its market presence stays comparatively steady regardless of the value motion. The buying and selling quantity of KCS has seen a major surge, up by 68.62% to $1.75 million. This improve in quantity may point out a rising curiosity or liquidity within the token.
With a complete provide of 142.72 million KCS and a most provide capped at 200 million, KuCoin Token’s shortage may improve its worth if demand will increase. Nonetheless, its totally diluted valuation is $2.47 billion, suggesting room for development and reflecting the market’s anticipation of its future utility and adoption.
@kucoincom latest #Taiwan KOL Meet Up was a real success㊗️
Bringing collectively Key Opinion Leaders & crypto fanatics, solidified current relationships and fostered new connections🤝
🌌An evening to recollect sharing insightful dialog with y’all!
#KuCoinGlobalTour #7rust pic.twitter.com/wBJUhrhO0H— KuCoin (@kucoincom) December 17, 2024
Analyzing the chart, KCS skilled a dip early within the interval however rapidly rebounded, displaying resilience and presumably a powerful shopping for curiosity at lower cost ranges. The token’s worth has been constantly above the $12.10 mark for a lot of the noticed interval, indicating a stable assist stage.
2. Flockerz ($FLOCK)
Flockerz (FLOCK) is a meme-inspired cryptocurrency centered round a “flock of birds” theme. The undertaking emphasizes neighborhood involvement and lately raised over $7 million in its presale. Its standout function is the vote-to-earn (V2E) mechanism, which permits individuals to affect key undertaking choices and earn tokens for his or her involvement. This mechanism fosters lively engagement whereas selling decentralization.
The platform operates by a community-led DAO known as Flocktopia, the place token holders vote on necessary issues. These embrace choices about undertaking growth, advertising methods, token burns, and ecosystem growth. As an illustration, holders can vote to approve or reject the concept if the group proposes integrating NFTs. Members obtain $FLOCK tokens for his or her contributions, incentivizing governance and neighborhood engagement.
Flockerz addresses centralization dangers usually seen in meme cash, the place whales or insiders manipulate costs. Such practices have left smaller buyers susceptible, as in Pepe’s $15 million theft in 2023. Flockerz seeks to create a fairer atmosphere for buyers by shifting decision-making energy to the neighborhood.
The undertaking provides high-yield staking rewards for passive buyers. The annual share yields (APYs) stood at 396%, although charges are anticipated to lower with elevated staking. At present, over 350 million tokens are locked within the reward pool.
Tokens are priced at $0.0064523 and might be bought utilizing cryptocurrencies or financial institution playing cards. Nonetheless, buyers want a suitable pockets, equivalent to Metamask, to take part. Whereas the precise launch date is pending, Flockerz’s early momentum suggests a rising curiosity in its decentralized, community-driven strategy. Buyers ought to fastidiously consider its roadmap and long-term potential.
Go to Flockerz Presale
3. Curve Dao Token (CRV)
Curve DAO Token (CRV) has lately skilled a major worth motion, mirrored in a 5.05% improve in its worth over the previous day. It’s now buying and selling at $1.13. This upward pattern aligns with the bullish market sentiment and the Excessive Greed indication on the Concern & Greed Index, scoring 87, suggesting robust market confidence.
Market dynamics present CRV with a market cap of $1.41 billion, which has additionally seen a slight improve, reinforcing the token’s rising acceptance and utility. The buying and selling quantity for CRV stands at $501.48 million, representing a 3.47% improve, indicating heightened buying and selling exercise, seemingly influenced by latest developments round Curve Finance.
Extra of @BlackRock‘s BUIDL got here to Curve! This time by @ethena_labs.
All roads result in Curvehttps://t.co/hSAiF0Q5X0 https://t.co/yW5mnuDqTA pic.twitter.com/1RAk4Vj13j
— Curve Finance (@CurveFinance) December 16, 2024
The notable occasion consists of Michael Egorov, Curve Finance’s founder, participating in a large-scale buyback of 1.08 million CRV tokens at a mean of $1.114, totaling round $1.2 million. This motion is a powerful vote of confidence in CRV’s future, particularly after the June 13 liquidation incident, aiming to stabilize or increase the token’s worth.
4. GateToken (GT)
GateToken (GT), the native token of GateChain, has proven spectacular efficiency metrics over the previous yr, with a worth surge of 163%. With $13.64, GT has outperformed 69% of the highest 100 crypto property and surpassed main cryptocurrencies like Bitcoin and Ethereum. This outperformance is mirrored in its substantial place above the 200-day easy shifting common (SMA) by 226.99%, signaling robust market confidence and momentum.
The token’s market cap stands at $1.2 billion, with a major improve in buying and selling quantity by 47.45% to $10.94 million, indicating rising liquidity and investor curiosity. Regardless of the absence of a most provide cap, the token’s yearly inflation charge is unfavourable at -10.46%, which might be seen as a deflationary mechanism doubtlessly growing its worth over time attributable to diminished provide development.
The bullish sentiment round GT and an Excessive Greed index rating of 87 suggests an optimistic market. Nonetheless, such excessive ranges of greed may also warning in opposition to potential volatility or market correction, urging buyers to think about each the alternatives and dangers.
5. Bitcoin Money (BCH)
The present worth of Bitcoin Money (BCH) is $539.80, displaying a 2.67% improve over the previous 24 hours. This upward motion has pushed the market cap to $10.68 billion, whereas the totally diluted valuation (FDV) stands at $11.33 billion. The 24-hour buying and selling quantity has reached $492.75 million, reflecting a 2.00% improve, with a volume-to-market cap ratio of 4.59%.
BCH has carried out impressively over the previous yr, with its worth growing by 145%. It has outperformed 64% of the highest 100 crypto property throughout this era. Technically, Bitcoin Money is buying and selling effectively above its 200-day Easy Shifting Common (SMA), presently at $409.67, with its worth sitting 31.95% above this stage.
The asset has additionally proven robust market momentum lately. Over the previous 30 days, BCH skilled 19 inexperienced days, that means it had a constructive every day efficiency 63% of the time. With its market cap and buying and selling quantity, Bitcoin Money demonstrates excessive liquidity, indicating stable investor curiosity and market stability.
Bitcoin Money continues to point out energy, pushed by important worth development and constructive technical indicators. Buyers could discover confidence in its present upward trajectory and constant efficiency over the previous yr.
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