Best Crypto to Buy Now as Altcoins Show Positive Momentum

Altcoins are showing positive momentum after a prolonged 36-day correction, with projections suggesting a 27.5% increase in their market cap

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After a 36-day correction, altcoins are finally showing some positive momentum. Projections suggest that altcoins could see a 27.5% increase in their market cap, bringing it closer to the $1.3 trillion mark. As the market eyes a potential breakout above key resistance levels, it could confirm an upward trend and signal the start of an altcoin season.

During an altcoin season, Bitcoin typically stabilizes or peaks, shifting investor interest to alternative cryptocurrencies. This rotation often leads to significant gains for altcoins, making it an attractive time for investors to explore opportunities in the market. As such, investors focus on identifying promising projects that may benefit from the expected price rally. This analysis reflects current market observations and highlights some of the best crypto to buy now.

Best Crypto to Buy Now

Aave recently announced a partnership with Blockware Solutions, enabling Aave to deploy mining equipment efficiently and create opportunities for faster revenue generation. Meanwhile, Arbitrum is currently valued at $0.7923, reflecting a 2.48% price increase. 

Wall Street Pepe (WEPE) has achieved a significant milestone during its presale phase. The project has raised over $50 million, showcasing strong investor confidence and enthusiasm for its potential. 

1. Mantle (MNT)

Mantle Network is designed to improve Ethereum’s scalability. As a Layer 2 (L2) solution, it aims to support the Ethereum Virtual Machine, the platform’s standard for running smart contracts. The network uses a modular structure, dividing tasks like transaction processing, data storage, and finalizing transactions into separate parts. 

This approach allows developers to upgrade specific components independently, enabling the adoption of new advancements. Currently, Mantle’s token price is $1.13, reflecting a slight 0.72% decrease in the last 24 hours. Nevertheless, the token records a 2.10% increase over the past month. 

Since its launch, Mantle Network has grown into a hub for innovative dApps 🚀

As we gain momentum in the year ahead, check out the standout projects shaping our ecosystem ⚙️

🌐 https://t.co/gziWlo7qdR

Dive into our dApps 👉 https://t.co/BTPyXOW6AG pic.twitter.com/dDKygbp5YR

— Mantle (@0xMantle) January 15, 2025

Moreover, market sentiment appears cautious, with analysts describing it as bearish. However, the Fear & Greed Index, a measure of market emotion, suggests “Extreme Greed” with a score of 77. The cryptocurrency has seen 17 days of positive performance over the last 30 days.

Its trading volume-to-market cap ratio is 0.0437, which indicates sufficient liquidity based on its overall market valuation. Mantle’s 14-day Relative Strength Index (RSI) stands at 63.96, a neutral position. This reading suggests the token is neither overbought nor oversold, hinting at potential sideways trading in the near term.

2. Cronos (CRO)

Cronos (CRO) is the native cryptocurrency of the Cronos Chain, a blockchain developed by Crypto.com, a company known for its payment, trading, and financial services. This blockchain is part of Crypto.com’s efforts to increase cryptocurrency adoption by enhancing personal control over money and protecting user data and identities. 

The primary role of the CRO blockchain is to support Crypto.com’s ecosystem, especially its payment app, Crypto.com Pay. Users can benefit from its utility within the company’s various solutions, including payment processing and trading services.

Currently, Cronos is priced at $0.144827, reflecting a slight 0.36% decrease in the last 24 hours. Over the past week, it has seen a modest 2.31% increase. Market sentiment appears bullish, supported by an Extreme Greed score of 77 on the Fear & Greed Index. 

🚨 Update on Cronos zkEVM Mainnet Upgrade: The upgrade is now scheduled for 22 Jan 2025, 6:00 AM UTC. A 1-hour downtime is expected during the process to bring the latest enhancements online. https://t.co/XjcZP6N7ja pic.twitter.com/NC2FtMFi2f

— Cronos (@cronos_chain) January 15, 2025

Additionally, Cronos trades well above its 200-day simple moving average (SMA) of $0.093226, showing a 56.34% increase. The 14-day Relative Strength Index (RSI) stands