5 Best Altcoins to Buy Now February 4 – Maker, Compound, Pendle, Bittensor

Over the past day, the altcoin market has experienced significant fluctuations, with several cryptocurrencies making headlines due to their price movements. Coins like Maker (MKR), Compound (COMP), Pendle (PENDLE), and Bittensor (TAO) have captured the market’s focus with their dynamic performance. 

Although Ethereum remains a dominant force, these altcoins draw interest due to their unique trends, showcasing gains and challenges as they navigate different market resistance and growth levels. In light of this bullish prediction, investors are searching for the best altcoins to invest in today.

5 Best Altcoins to Buy Now 

Maker (MKR) boasts a community of 225,000 holders and is currently priced at $934.57, showing a modest rise of 1.16% in the past 24 hours. Solaxy ($SOLX) is emerging as a promising investment opportunity, with its presale surpassing $17.5 million in funds. 

Compound (COMP) has attracted 250,000 holders and is trading at $52.77, up by 1.72% over the last day. Pendle (PENDLE) has gathered a following of 123,000 holders, with its value increasing to $2.93, a notable 11.90% jump in the same period. Meanwhile, Bitcoin has recovered from a weekend decline following President Trump’s decision to temporarily halt tariffs on Mexico.

1. Maker (MKR)

Maker (MKR) has a community of 225K holders and is trading at $934.57, marking a slight increase of 1.16% over the last day. Its market cap is $822.93M, with a similar daily rise of 1.18%. The trading volume in the last 24 hours surged by 100.91% to $420.13M, indicating high market activity. 

Despite this, the sentiment around Maker’s price prediction is currently bearish, while the Fear & Greed Index shows 72, indicating greed in the market. MKR is available for trading on Binance and can be exchanged with the Nigerian Naira. Interestingly, Maker has a negative yearly inflation rate of -3.52%.

Looking ahead to February 2025, market forecasts suggest Maker could grow up to 22.81%, with an average price of $1,146.07. The price is expected to fluctuate between $957.03 and $1,254.13, offering a return of 34.39% from its current price, presenting a potential ROI of 34.39%.

2. Solaxy ($SOLX)

Solaxy ($SOLX) is gaining traction as a top investment, with its presale exceeding $17.5 million. As the first Layer-2 solution for Solana, Solaxy aims to enhance scalability. It does this by addressing congestion and reliability issues through off-chain transaction processing. This approach reduces the load on Solana’s mainnet, improving efficiency while maintaining decentralization.

Solana is known for its speed and low fees but struggles with scalability during peak times. To counteract this, Solaxy uses rollup technology to optimize transaction throughput. The project’s roadmap includes a phased deployment of its blockchain. This starts with the $SOLX presale, which has fostered community engagement via staking incentives. After the presale, $SOLX will be listed on exchanges, increasing accessibility.

The success of Solaxy’s presale reflects the market’s demand for effective scaling solutions. Moreover, Solaxy employs a multi-stage pricing model. This model offers early investors the advantage of lower prices and staking rewards, with 25% of the $SOLX supply allocated for these incentives. Security is a priority, which is ensured through an audit by Coinsult.

Furthermore, Solaxy plans to support decentralized applications (dApps) that require high-frequency transactions, like gaming. It provides a modular infrastructure for this purpose. In the future, Solaxy aims to introduce multichain functionality, enhancing its ecosystem. With its strong presale performance, commitment to security, and innovative features, Solaxy ($SOLX) stands out as a promising investment for 2025. It has the potential to offer significant returns by revolutionizing Solana’s capabilities.

Visit Solaxy Presale

3. Compound (COMP)

Compound (COMP) has a community of 250K holders and is currently trading at $52.77, with a 24-hour increase of 1.72%. This growth has brought its market cap to $468.06M, reflecting the exact percentage change. The trading volume over the last 24 hours was $139.08M, up 6.85%, indicating active market engagement. 

The sentiment around Compound’s price prediction is currently bearish. Yet, the Fear & Greed Index is at 72, which indicates a market driven by greed. In February 2025, market forecasts predict a slight growth for Compound by up to 1.49%, with an average price expected at $53.28. The price is anticipated to fluctuate between $51.17 and $55.01, potentially offering investors a return of 4.78% from the current price. This suggests a modest but positive trend for COMP.

For March 2025, analysts anticipate a further rise in COMP’s price, albeit a smaller increase of 0.17% from February’s rates. The price could peak at $54.05 and dip to $50.47, averaging around $52.55. This projection follows a positive market performance in February, hinting at a sustained trend. The potential ROI for March is estimated at 3.03%, indicating that holding COMP could still be profitable for long-term traders.

4. Pendle (PENDLE)

Pendle (PENDLE) has a community of 123K holders and is trading at $2.93, marking an 11.90% increase over the last day. This growth has pushed its market cap to $482.65M, with a similar rise of 11.85%. The trading volume in the last 24 hours was $181.8M, up by 2.69%, indicating active trading.

Looking ahead to February 2025, market forecasts predict significant growth for Pendle by up to 69.99%, with an average price expected at $5.15. The price is anticipated to fluctuate between $2.78 and $9.20, offering a substantial return of 203.87% from its current price. This trend indicates strong investor confidence and potential for Pendle in the upcoming month.

For March 2025, analysts are even more optimistic, expecting PENDLE’s price to surge by 251.76% from current rates. The price could peak at $12.75 and dip to $8.38, averaging around $10.65. This prediction follows the positive market performance projected for February, suggesting a continuation of the upward trend. The potential ROI for March is an impressive 321.29%, presenting a highly profitable opportunity for long-term traders.

5. Bittensor (TAO)

Bittensor (TAO), currently ranked at #38, has a community of 225K holders and is trading at $365.94, showing a significant 24-hour increase of 16.53%. This growth has propelled its market cap to $3 billion, with a daily rise of 16.73%. The trading volume over the last 24 hours was $404.7 million, up by 31.22%, indicating robust market activity. With a fully diluted valuation (FDV) of $7.69 billion, the volume-to-market cap ratio is 13.41%, suggesting high liquidity relative to its size.

Despite this positive movement, the sentiment around Bittensor’s price prediction is currently bearish. However, the Fear & Greed Index stands at 72, indicating a market environment of greed. TAO is trading well above its 200-day simple moving average by 203.41%, with the average being $122.07, a strong indicator of long-term bullish trends.

Looking forward to February 2025, market forecasts suggest Bittensor could see growth of up to 84.79%, with an expected average price of $678.68. The price is anticipated to fluctuate between $357.92 and $1,227.93, potentially offering investors a return of 234.34% from the current price. This forecast indicates a strong bullish trend for TAO.

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