Market Cap: $3.1958T 1.550%
Volume(24h): $75.1017B -45.450%
  • Market Cap: $3.1958T 1.550%
  • Volume(24h): $75.1017B -45.450%
  • Fear & Greed Index:
  • Market Cap: $3.1958T 1.550%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$96418.721981 USD

-2.05%

ethereum
ethereum

$2687.739314 USD

-2.74%

xrp
xrp

$2.588011 USD

-3.00%

tether
tether

$0.999825 USD

-0.04%

bnb
bnb

$656.326573 USD

0.40%

solana
solana

$171.386564 USD

-2.54%

usd-coin
usd-coin

$1.000043 USD

0.01%

dogecoin
dogecoin

$0.244077 USD

-3.80%

cardano
cardano

$0.767310 USD

-3.77%

tron
tron

$0.237868 USD

-4.90%

chainlink
chainlink

$17.505561 USD

-4.59%

sui
sui

$3.344930 USD

-4.57%

avalanche
avalanche

$24.939290 USD

-1.00%

stellar
stellar

$0.327623 USD

-3.46%

litecoin
litecoin

$129.677981 USD

-3.20%

Cryptocurrency News Articles

Best Crypto to Buy Now: LAYER, THETA, MEMEX, JTO, and RUNE Show Promise as Bitcoin Dominance Declines

Feb 22, 2025 at 01:54 am

The cryptocurrency market is shifting as Bitcoin dominance declines, bringing attention back to altcoins. This shift, often seen before an “altseason,” suggests that altcoins may outperform Bitcoin in the short term.

Best Crypto to Buy Now: LAYER, THETA, MEMEX, JTO, and RUNE Show Promise as Bitcoin Dominance Declines

The cryptocurrency market is shifting as Bitcoin's dominance declines, bringing attention back to altcoins. This shift, often seen before an “altseason,” suggests that altcoins may outperform Bitcoin in the short term. Traders are watching price movements and key technical levels to assess potential opportunities.  

Among the assets gaining attention are Solayer, THORChain, and Jito. These projects focus on different areas of the blockchain space, each with a unique value proposition. Market trends indicate that interest in altcoins is growing. The decline in Bitcoin’s dominance suggests that investors are looking at alternative assets for better returns. This article analyzes some of the best crypto to buy now.

Best Crypto to Buy Now

Currently, LAYER is trading at $0.7495, marking a 17.64% gain over the past 24 hours. Meanwhile, the Meme Index (MEMEX) has secured over $3.7 million in its presale, highlighting the growing interest in a structured approach to investing in meme coins. In addition, Jito Network is collaborating with MagicBlock to strengthen security measures for decentralized applications within the Solana ecosystem.

1. Solayer (LAYER)

Solayer is a blockchain platform that uses hardware acceleration to improve speed and efficiency. Unlike traditional blockchains that rely on software, Solayer moves key processes onto specialized chips. This approach aims to handle over one million transactions per second and achieve network speeds of more than 100 gigabits per second, enabling low-latency applications.  

Its InfiniSVM architecture combines software-defined networking (SDN), remote direct memory access (RDMA), and dedicated hardware such as InfiniBand. By distributing transaction execution across multiple systems, Solayer seeks to improve scalability while reducing congestion.  

LAYER is the platform’s native governance token. It allows holders to vote on protocol upgrades, manage the project’s treasury, and support ecosystem initiatives, including grants.  

At the time of writing, LAYER’s price is $0.7495, reflecting a 17.64% increase in the last 24 hours. It is trading 1.41% below its recent high of $0.7603 and 24.68% above its lowest point in the current cycle. Price predictions estimate a 229.04% increase, projecting the token to reach $2.23 by March. 

2. Theta Network (THETA)

Theta Network is a blockchain-based platform designed to improve video streaming by decentralizing content delivery. Instead of relying on traditional data centers, Theta allows users to share their spare bandwidth and computing power to help distribute video streams. In return, participants earn tokens as rewards. 

This system aims to reduce streaming platforms’ costs while potentially improving video quality for viewers. Theta has expanded into Web3 infrastructure and NFT marketplaces while maintaining its focus on decentralized content delivery. The network continues to evolve, integrating new use cases while staying aligned with its core mission.

Meanwhile, THETA’s price is $1.33, reflecting a 5.01% increase in the past 24 hours. Its 24-hour trading volume is $84.22 million, with a total market cap of $1.17 billion. Theta’s market dominance is 0.04%, and its liquidity appears strong, with a volume-to-market cap ratio of 0.0722.

Technical indicators suggest a neutral market trend. The 14-day Relative Strength Index (RSI) is 46.57, implying that Theta is neither overbought nor oversold. Current predictions estimate a potential 36.33% price increase, reaching approximately $1.80 by March.

3. Meme Index (MEMEX)

Meme Index (MEMEX) has raised over $3.7 million in its presale, showing interest in a structured way to invest in meme coins. Unlike investing in a single meme coin, which can be unpredictable, MEMEX offers a collection of different assets. This approach spreads out risk and aims to provide more stability.  

Index-based investing works similarly to stock market indices, which track multiple stocks instead of relying on one company’s performance. MEMEX applies this idea to meme coins, reducing the impact of price changes on any single asset. This method may attract investors looking for a way to participate in the meme coin market with less exposure to extreme price swings.

MEMEX also serves as a governance token, allowing holders to vote on key project decisions. Investors can decide which meme coins enter or leave the index. This feature gives participants some control over the project’s direction.

The developers have allocated 20% of the total token supply to marketing, helping grow its online presence. The project has attracted over 27,500 followers across X (Twitter) and Telegram.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Feb 23, 2025