6 Best Altcoins To Invest In Today January 30 – OKB, MANTRA, Onyxcoin

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Crypto analyst Benjamin Cowen has expressed concerns that Bitcoin’s significant market share might soon lead to increased volatility in the altcoin sector. In a recent update on the social media platform X, Cowen discussed Bitcoin’s dominance at 59.68% when he posted. The latest figures from TradingView indicate a minor decrease to 59.61%, suggesting a stable crypto market environment. 

Cowen predicts that if Bitcoin’s dominance hits the 60% mark, it could act as a trigger, altering the current dynamics of the cryptocurrency market, particularly impacting altcoins. In light of this bullish prediction, investors are searching for the best altcoins to invest in today.

6 Best Altcoins To Invest In Today 

OKX has announced the publication of its 27th consecutive Proof of Reserves report for January 2025. MANTRA Finance is leading the way in incorporating asset tokenization into its UAE-based platform. Onyxcoin (XCN) has experienced significant expansion, now boasting 99,000 holders. 

IONET is revolutionizing the field for machine learning professionals by offering a cost-effective, decentralized computing solution. Meme Index (MEMEX) has raised over $3 million during its presale, launching an innovative approach with decentralized indexes for memecoin investments. Trump Media is broadening its scope into the financial sector, which now includes investments in cryptocurrency.

1. OKB (OKB)

OKX has recently achieved a significant milestone by becoming the first global cryptocurrency exchange to obtain a Markets in Crypto-Assets (MiCA) license from the European Union. This regulatory approval is a landmark for the crypto industry, allowing OKX to introduce its fully regulated crypto products to over 400 million potential users across Europe. This move signifies a victory for the crypto sector by enhancing its legitimacy. It marks a crucial step towards broader adoption in a regulated environment.

In another development, OKX has proudly released its 27th consecutive Proof of Reserves report for January 2025. This report, independently audited by cybersecurity experts at HackenClub, confirms that OKX maintains reserve ratios exceeding 100% for 22 different assets involving approximately 570,000 public wallet addresses. This transparency is vital for building trust within the community and among investors.

Regarding OKB’s market performance, OKX’s native token is currently trading at $55.79, showing a modest increase of 2.51% over the last day. OKB’s market cap stands at $3.34 billion, with a similar rise of 2.56%.

2. MANTRA (OM)

MANTRA Finance is pioneering the integration of asset tokenization into a platform based in the UAE, with a particular focus on the real estate sector. This initiative is driven through strategic partnerships and aims to revolutionize how real estate assets are managed and traded using blockchain technology.

OM Price ChartOM Price Chart

Regarding market performance, MANTRA’s token (OM) has seen a slight increase of 1.03% in the last 24 hours, bringing its price to $4.6. The sentiment around MANTRA DAO’s price prediction is bullish, and the Fear & Greed Index is at 70, indicating a market environment of greed. Over the past year, MANTRA DAO has surged by an impressive 4,871%, outperforming 98% of the top 100 crypto assets, including giants like Bitcoin and Ethereum. This performance highlights MANTRA’s significant growth potential in the DeFi and tokenization space.

Technically, MANTRA DAO is trading 93.98% above its 200-day simple moving average, currently at $2.44, signaling strong long-term momentum. The token has also shown positive performance compared to its initial sale price. In the last 30 days, there have been 15 green days, where the closing price was higher than the opening, representing 50% of the period. MANTRA DAO is trading near its all-time high and cycle high, which are positive indicators for potential investors.

3. Onyxcoin (XCN)

Onyxcoin (XCN) has seen remarkable growth with 99K holders. The token currently trades at $0.03813, marking a significant 24-hour increase of 33.32%. This surge has propelled its market cap to $1.17 billion, mirroring the same percentage increase. The trading volume has also spiked, reaching $789.34 million in the last 24 hours, up by 69.96%. 

XCN Price ChartXCN Price Chart

The sentiment around Onyxcoin’s price prediction is currently bullish, complemented by a Fear & Greed Index of 70, which suggests a market driven by greed. Over the past year, Onyxcoin has experienced an extraordinary growth of 2,899%, outperforming 95% of the top 100 crypto assets, including major players like Bitcoin and Ethereum. 

Technically, Onyxcoin is trading well above its 200-day simple moving average, specifically at 1,149.55% above the average price of $0.003163, a strong indicator of its long-term upward trend. In the last 30 days, it has had 17 green days, where the closing price was higher than the opening, accounting for 57% of the period, reflecting consistent positive momentum.

4. io.net (IO)

IONET is transforming the landscape for machine learning engineers by providing an affordable, decentralized computing network. This innovation allows for a more accessible approach to computing resources, fostering an environment ripe for technological breakthroughs in machine learning.

IO Price ChartIO Price Chart

The IONET token ($IO) is trading at $2.71, marking a 5.35% increase over the past day. With a market cap of $365.78M, which also saw a 5.35% rise, IONET has established a significant presence in the market. The 24-hour trading volume is $140.64M, up 41.69%, indicating strong market activity. The fully diluted valuation (FDV) of IONET is $2.16B, suggesting growth potential.

Despite the positive price movement, the sentiment around io.net’s price prediction is currently bearish. However, the Fear & Greed Index is at 70, which falls into the ‘Greed’ category, hinting at investor enthusiasm despite the bearish outlook. The 24-hour volume to-market cap ratio is 0.7838, which, combined with the high liquidity relative to its market cap, suggests that IONET is well-positioned for trading activity.

5. Curve DAO Token (CRV)

Curve DAO Token (CRV) is currently trading at $0.7401, with a 24-hour increase of 4.47%. The sentiment around Curve DAO Token’s price prediction is currently neutral. 

CRV Price ChartCRV Price Chart

However, the Fear & Greed Index is at 70, which suggests a market environment characterized by greed. Over the past year, CRV has appreciated by 58%, outperforming 53% of the top 100 cryptocurrencies by market cap. This performance and its position above the 200-day simple moving average suggest a positive long-term trend. The high liquidity of CRV further supports its market position, making it easier for investors to trade without significantly impacting the price.

6. Meme Index (MEMEX)

Meme Index (MEMEX) has successfully raised over $3 million in its presale, introducing a novel concept of decentralized indexes for memecoin investing. This project features four distinct indexes: “Meme Titan” focuses on established coins like DOGE and SHIB. 

At the same time, “Meme Frenzy” caters to those interested in high-risk, new tokens. “Moonshot” and “Midcap” also provide a balanced exposure to emerging meme coins with growth potential. This approach is similar to traditional stock indexes but tailored for the memecoin market. It allows investors to diversify their risk by investing in a portfolio rather than betting on individual tokens.

Moreover, community governance plays a crucial role, where MEMEX holders can vote on which coins should be included in each index, ensuring that the evolution of these portfolios is democratic. Furthermore, the project’s staking protocol, which offers an impressive annual yield of up to 743%, has significantly contributed to its presale success. This protocol has 25% of the total token supply set aside for rewards to be distributed over three years.

MEMEX TweetMEMEX Tweet

In addition, security audits by Coinsult and SolidProof have confirmed the robustness of the project’s smart contracts, finding no significant vulnerabilities, which has bolstered investor confidence. Consequently, Meme Index has cultivated a community of over 21,000 on Twitter and over 3,500 on Telegram, with tokens currently priced at $0.0156557.

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