Litecoin (LTC), Ripple (XRP), and Cutoshi (CUTO) - The Best Cryptos to Buy now

It's a wild assortment of tokens to look out for in what remains of 2024. The chaotic year has been superb for some of the top altcoins and lackluster

The year 2024 has been a mixed bag for cryptocurrencies, with some altcoins seeing impressive gains and others lagging behind. As we approach the final quarter of the year, investors are keeping a close eye on the best cryptos to buy now in search of promising returns. Here are three cryptos that have been generating buzz and could be worth considering for 2024.

Litecoin (LTC) Hash Rate, Transactions Spike In October

The LTC token has played second fiddle for the past decade to its PoW counterpart, Bitcoin. Litecoin (LTC) hasn’t done too badly, but the shadowing success of the BTC ecosystem has left many PoW tokens in its wake.

Attention has recently shifted back to the Litecoin price, as institutional traders feel the token could be a good choice for ETF trading. We’ve seen ETFs become operational on Bitcoin and Ethereum, and one could expect similar success on Litecoin (LTC).

Talk of Litecoin ETFs has brought significant traffic to the LTC chain. The platform has seen about $4.3 million in monthly inflows, and the Litecoin (LTC) transactions beat most of the top altcoins in October. Litecoin’s 24-hour volume is up by 3.77%, and the Litecoin price has surged 4.29% in the last week.

Ripple Faces Rejection Again

While many token prices, including the LTC price, are finding new highs courtesy of Bitcoin’s surge, Ripple (XRP) is encountering resistance. The XRP token has failed to break through its resistance, and the indicators are not favorable for a bullish trend.

The XRP price retested its August lows on Friday, sinking to $0.488 before rising by about 5% over the weekend. The Ripple price is now some ways off its starting price this week, and the token may face a bearish future if it cannot maintain its current 0.27% weekly loss.

The discussions on ETFs also extend to Ripple, with many suggesting the XRP price will surge if the SEC approves Ripple ETFs. Currently, Ripple (XRP) is encountering difficulties with a 15.79% monthly decrease, and anything could happen from this point forward.

Cutoshi To Join The Ranking Of Top Altcoins

The Cutoshi (CUTO) project may be new in the market, but the token is aiming to compete with the top players in the crypto market. The project is looking to storm the market by combining the good fortune of its mascot, the Chinese Lucky Cat, with Satoshi Nakamoto’s defi ideology of economic independence.

The Cutoshi project extends its influence into the Defi sector by introducing its own DEX. Apart from giving the CUTO meme coin vital utilities that would create demand for the token, the Cutoshi DEX addresses interoperability by simplifying the process of trading and managing digital assets across different chains.

Another interesting feature of the project is Cutoshi farming. Holders can earn more tokens by completing tasks and earning rewards, which can then be redeemed for CUTO tokens.

For long-term sustainability, the Cutoshi project plans to burn 7% of its CUTO token supply. This is one of the many reasons why the project is expected to continue rising in the ranks, eventually reaching the level of the top meme coins. During presale Stage 2, CUTO is priced at $0.022.