5 Best Altcoins to Buy Now December 10 – Beam, Solana, Aethir, Dai

The cryptocurrency market in 2024 has entered a strong bull cycle, with Bitcoin hitting all-time highs and sectors like DeFi and Web3 experiencing rapid growth. This renewed momentum has created both opportunities and obstacles for cryptocurrency exchanges.  

Amid rising user activity and intense competition, CoinEx has distinguished itself as a leading platform. Its remarkable growth can be attributed to strategic decision-making and a targeted focus on expanding into emerging markets. In light of this, investors are searching for affordable tokens to capitalize on the current market growth, particularly the best altcoins to buy now.

5 Best Altcoins to Buy Now

Beam (BEAM), a cryptocurrency driving the Tactical Compute initiative, is trading at 0.03336. Solana (SOL) is the fifth-largest cryptocurrency by market capitalization. Meanwhile, market sentiment around Aethir remains optimistic.  

Flockerz ($FLOCK), a new meme coin, is gaining attention in the crypto space for its innovative “Vote-to-Earn” governance system. On the other hand, DAI remains stable at $1.00, with a total market cap of $5.36 billion. After briefly crossing the $100,000 mark, Bitcoin withdrew as declining Nvidia stock impacted riskier assets.  

1. Beam (BEAM)

Beam (BEAM), a cryptocurrency at the forefront of the Tactical Compute initiative, is currently priced at 0.03336. It has recorded a daily increase of 2.13%. The project’s market capitalization has reached 1.65 billion, with a fully diluted valuation of 2.08 billion. Its trading volume in the last 24 hours was 168.75 million, representing 10.23% of its market cap.

Over the past year, Beam has seen an 84% price increase, outperforming over half of the top 100 crypto assets. The Fear & Greed Index currently displays a score of 78, which reflects strong investor confidence. Additionally, Beam has shown consistent activity with high liquidity. It recorded 21 positive trading days in the last month, which accounts for 70% of the total trading period.

The Tactical Compute initiative, supported by Aethir, Beam Foundation, and MetaStreet, has a funding pool of 40 million. It aims to address the rising demand for computing power in artificial intelligence and blockchain. This collaboration brings together key strengths from all three partners. 

2. Solana (SOL)

Solana (SOL) is the 5th largest cryptocurrency by market rank. It has a circulating supply of 2 million tokens is currently valued at 216.69 per coin. Over the past year, its price has risen by 212%. This growth has allowed Solana to outperform 78% of the top 100 crypto assets, including Bitcoin and Ethereum.

With a market capitalization of 103.16 billion and a daily trading volume of 9.97 billion, Solana exhibits high liquidity and significant investor interest. It also trades 27.07% above its 200-day simple moving average (SMA), at 170.64. This indicates sustained upward momentum in its price.

The overall market sentiment for Solana is neutral. However, the Fear & Greed Index suggests a score of 78, indicating “Extreme Greed” among investors. The token also trades close to its cycle high, further signaling strong performance and ongoing demand.

3. Aethir (ATH)

Aethir (ATH) is currently ranked #194 in the cryptocurrency market. It is trading at $0.07356, reflecting an 11.09% increase in the past 24 hours. The token has a market capitalization of 383.81 million, showing an 11.11% growth during the same period. Its daily trading volume is 123.57 million, which accounts for 31.65% of the market cap. This indicates that the token has high liquidity and is actively traded.

In addition, the Fully Diluted Valuation (FDV) is estimated at 3.08 billion. Over the past month, Aethir has shown a positive trend, with its daily close price being higher than its daily open price on 18 out of 30 days. This represents a 60% positive performance.

Market sentiment around Aethir also appears bullish. The Fear & Greed Index, which currently stands at 78 (Extreme Greed), reflects strong confidence among investors. Furthermore, the token’s price remains above its initial token sale value, highlighting its favorable performance since its launch.

By December 2024, Aethir is predicted to trade between 0.07309 and 0.17872, with an average price of 0.11331. If the forecast holds, this would mean an approximate 53.14% increase compared to its current value. This could translate to a potential return on investment (ROI) of 141.53% for investors, assuming the token trades at the average predicted price.

4. Flockerz ($FLOCK)

Flockerz ($FLOCK) is a new meme coin gaining traction in the crypto market with its unique “Vote-to-Earn” governance model. Unlike typical meme coins, which often lack meaningful utility, Flockerz allows users to influence the project’s development while earning rewards for participating in on-chain voting.

This governance approach empowers the community to decide on key features, such as adding a Play-to-Earn game. Instead of developers having the final say, token holders vote, and their decision determines the project’s direction. While similar governance models exist in projects like Uniswap, Flockerz rewards users for their involvement. This feature could increase engagement and make decentralized governance more accessible.

Security is another area where Flockerz differentiates itself. It has undergone audits by trusted blockchain security firms, such as Coinsult and Solid Proof. Both audits confirmed that the project is safe, providing investors with confidence. Additionally, its decentralized structure reduces risks tied to centralized teams, which have caused issues in other meme coin projects.

Flockerz has already raised over $5 million during its presale. Its incremental pricing model encourages early participation as the token’s price increases over time. Analysts suggest that listings on major exchanges like Coinbase or Binance could further boost its value.

Visit Flockerz Presale

5. Dai (DAI)

DAI is a stablecoin that offers price stability in the highly volatile cryptocurrency market. Its value is pegged to fiat currencies, such as the dollar. It is popular for traders and investors looking to offset significant market fluctuations. Unlike other stablecoins managed by private companies, DAI operates under a decentralized autonomous organization (DAO).

This decentralized structure uses Ethereum-powered smart contracts to manage the issuance and burning of tokens. These processes are transparent and publicly recorded, reducing the likelihood of manipulation. Furthermore, decisions regarding DAI’s development are made through community voting, allowing ecosystem participants to have a direct say in governance. This democratic approach ensures broader participation and minimizes the influence of centralized entities.

Currently, DAI is valued at $1.00, with a market capitalization of $5.36 billion. It has a total supply of 5.36 billion tokens and a 24-hour trading volume of $179.35 million. Its fully diluted valuation matches its market cap, demonstrating its price stability.

Recently, the Ethereum Foundation sold 100 ETH for 374,334 DAI. This transaction occurred as part of their broader 2024 activity, where they sold 4,366 ETH. These sales generated $12.21 million at an average price of $2,796 per ETH. Such actions highlight the utility of DAI for reducing exposure to the volatility often associated with cryptocurrencies.

Learn More

• Best Affordable Tokens in 2024
• Our Previous Best Altcoins to Buy Now Post