Top 5 Altcoins to Buy Now: Render, ICP, XDC, Optimism

The Rise of TON Blockchain in 2024

The TON blockchain has emerged as a standout performer in 2024, showcasing substantial growth in daily active users and overall market activity. This surge has been driven largely by the increasing adoption of Telegram mini-apps, propelling the network to exceed 5 million daily active users by mid-year.

According to data from IntoTheBlock, TON consistently led the market in daily active addresses, particularly during the second half of the year. Key events, such as network upgrades or the launch of new features, triggered spikes in engagement, with a notable peak in early October. This growth has drawn attention to the market’s potential, prompting investors to seek the best altcoins to buy now.

5 Best Altcoins to Buy Now

Here are the top altcoins making waves in the crypto market:

• Internet Computer (ICP)
• Render (RENDER)
• XDC Network (XDC)
• Optimism (OP)
• Flockerz ($FLOCK)

1. Internet Computer (ICP)

Currently priced at $10.81, Internet Computer (ICP) has seen an 8.14% increase in the last 24 hours. It boasts a market cap of $5.16 billion and a 24-hour trading volume of $199.9 million. With its circulating supply at 477.49 million ICP, the token shows strong liquidity and long-term potential.

ICP is trading above its 200-day simple moving average, signaling positive momentum. By the end of 2024, price predictions estimate it could reach $15.84, representing a potential ROI of 48.55%. Investors remain optimistic about its innovative blockchain solutions and market appeal.

2. Render (RENDER)

Render Network has partnered with Blender to provide free access to Octane, enhancing GPU power with new integrations. This partnership strengthens its position in the creative and blockchain industries.

The token has surged by 13.36% in the last 24 hours to $7.74, with trading volume increasing by 35.86%. Trading above its 200-day SMA and supported by a Fear & Greed Index score of 73, Render Token shows strong bullish momentum and promising long-term growth potential.

3. XDC Network (XDC)

XDC Network has gained traction with a 10.03% price increase over the past day, now trading at $0.08376. Its market cap has reached $1.25 billion, supported by a trading volume surge of 43.56%.

With a yearly growth of 73%, XDC outperforms 60% of the top cryptocurrencies and trades well above its 200-day SMA. Its strong liquidity and consistent market performance make it an attractive option for investors.

4. Optimism (OP)

Optimism (OP), a leading Ethereum Layer 2 scaling solution, has experienced an 8.24% price increase to $1.92. With a market cap of $2.59 billion and a trading volume increase of 28.37%, OP remains a key player in the crypto market.

Price forecasts predict a potential ROI of 51.68% by the end of 2024, driven by its scalability solutions and growing market interest.

5. Flockerz ($FLOCK)

Flockerz ($FLOCK) aims to redefine the meme coin space with its community-driven governance model. The project has raised $7.3 million in its presale to fund FlockTopia DAO, offering a “Vote-to-Earn” model for token holders.

Current staking yields at 380% APY provide significant passive income opportunities. Analysts predict potential 100x returns post-ICO, backed by audits from Coinsult and Solid Proof. Early investors may benefit from the presale price increase in the coming weeks.