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Cryptocurrency News Articles
Best Crypto to Buy Now: VET, W, ALT, QNT, and MEMEBET Make an Impact
Sep 21, 2024 at 12:40 am
A growing number of digital assets are gaining attention as promising investment opportunities, with several altcoins showing significant upward movement today.
A growing number of digital assets are gaining attention as promising investment opportunities, with several altcoins showing significant upward movement today. These cryptocurrencies have seen notable gains due to recent technological advancements, strategic alliances, and evolving market conditions, drawing the interest of market participants looking to capitalize on potential growth.
This analysis highlights some of the best crypto to buy now that are currently making an impact. It focuses on their distinctive features, prevailing market trends, and possible influence on the market.
Best Crypto to Buy Now
Wormhole’s Era3 upgrade and QNT’s performance in the green are key talking points among market participants. Memebet’s presale has also gained traction, with the token showing a 5.05% intraday rise.
1. VeChain (VET)
VeChain is an enterprise-level blockchain platform that solves real-world problems using smart contracts. It combines Internet of Things (IoT) technologies and NFC chips to help businesses manage data challenges. VeChain’s system is built to work across various industries, addressing issues traditional systems may not efficiently solve.
The platform features a two-token model, which aims to simplify blockchain adoption. The platform uses VET and VTHO. VET acts as a store of value, while VTHO covers transaction fees.
By separating these functions, VeChain keeps costs low and stable, which is important for companies looking to integrate blockchain technology into their operations. Furthermore, VeChain is focusing on sustainability through its VeBetterDAO platform.
It works with Boston Consulting Group to promote eco-friendly practices and the adoption of blockchain by businesses and individuals. The platform encourages users to participate in sustainability efforts by offering incentives, aiming to onboard more users to Web3 over time.
VeChain isn't just EVM-compatible, it's EVM-evolved!
We bring devs the tools they know and love—now with enterprise-grade scalability and sustainability. Plus, our recent Account Abstraction upgrade unlocks true cross-chain asset interoperability.
The future of blockchain is… pic.twitter.com/vMOeDu0Rtv
— VeChain (@vechainofficial) September s19, 2024
In terms of market performance, VeChain’s token, VET, is currently priced at $0.0239. It has increased by 6.70% in the last 24 hours and 8.63% over the past week. Over the past year, the token has surged by 39%.
Meanwhile, the token has registered 15 green days in the past 30 days. It further boasts high liquidity relative to its market cap and is traded on exchanges like KuCoin, including pairs with the US Dollar.
2. Wormhole (W)
Wormhole is a platform that connects multiple blockchains, allowing assets and data to move between them. It supports developers by giving them access to liquidity and users across 30+ networks, enabling a range of uses, such as DeFi, NFTs, and governance. The platform started as a bridge between Ethereum and Solana and later introduced a general message-passing protocol that allowed secure transfers and messaging across more than 30 blockchains.
Furthermore, Wormhole recently introduced its Era3 upgrade, which brings several improvements. The upgrade adds features like intents-based transfers, native-to-native swaps, and faster transactions, particularly for slower blockchains like Ethereum. These changes aim to improve the user experience and smoother cross-chain interactions.
Google Cloud 🤝 Wormhole@GoogleCloud is joining the Guardian Network, Wormhole's security system, to validate cross-chain messages and enhance decentralization.
Google Cloud will also accelerate ZK research and support ecosystem growth.
Read more below ⤵️ pic.twitter.com/yVaC1CyjAl
— Wormhole (@wormhole) September 18, 2024
In addition, the platform has partnered with Securitize to enable cross-chain features for tokenized assets, adapting its protocol to meet regulatory needs. Another partnership with Google Cloud aims to enhance security and reduce downtime by improving the network’s infrastructure for handling cross-chain transactions.
These developments have positively affected Wormhole making it the best crypto to buy now. Moreover, W is currently trading at $0.2428, with an intraday rise of 4.65%. Market sentiment suggests the token may continue to grow, and analysts predict a potential price increase of 228.20% by October, reaching $0.805273.
3. Altlayer (ALT)
AltLayer is an open and decentralized protocol focused on improving the infrastructure for rollups, which are solutions designed to scale blockchain networks. The platform introduced the “Restaked Rollups,” a concept aimed at boosting rollups’ security, decentralization, and interoperability from different blockchain ecosystems. The protocol achieves this by utilizing a restaking
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!
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