The year 2024 seems destined to end with a sigh, rather than a bang.
After a choppy two months during which $btc hit all-time highs and the cryptocurrency market capitalization increased dramatically, investors have calmed down considerably.
It wasn't until September (just four months ago) that investor confidence, as measured by the crypto Fear & Greed Index, hit a yearly low of 26.
In November it reached a high of 85: “Extreme Greed”, and is extremely good for both investors and markets.
<img data-recalc-dims="1" decoding="async" class="aligncenter wp-image-359180" src="https://bitcoinist.com/wp-content/uploads/2024/12/crypto-fear-and-greed-index-54.png?w=640&resize=600%2C265″ alt=”crypto Fear and Greed Index Reaches Neutral” width=”600″ height=”265″ srcset=”https://bitcoinist.com/wp-content/uploads/2024/12/crypto-fear-and-greed-index-54.png?w=1134 1134w, https://bitcoinist.com/wp-content/uploads/2024/12/crypto-fear-and-greed-index-54.png?w=640 640w, https://bitcoinist.com/wp-content/uploads/2024/12/crypto-fear-and-greed-index-54.png?w=768 768w, https://bitcoinist.com/wp-content/uploads/2024/12/crypto-fear-and-greed-index-54.png?w=980 980w, https://bitcoinist.com/wp-content/uploads/2024/12/crypto-fear-and-greed-index-54.png?w=750 750w” sizes=”(max-width: 600px) 100vw, 600px”/>
The market is now at a stable level of 54, decidedly “neutral”, not tilting one way or the other.
But behind the scenes, the market is more frenetic than ever. Here are the 5 best altcoins to buy as the $btc price rebounds from its monthly low.
$SOLX – A Solaxy not far away
The time is now, not long ago, and the galaxy is not far away at all. It's actually right next door, on the Solana blockchain.
That's how it is, solaxy aims to launch the first Solana Layer-2 solution. No failed transactions, faster processing than ever, less congestion. It's a Solana update not to be missed.
The drivers are heating up in the pre-sale: the project has already surpassed the $6 million mark.
The project features a balanced tokenomic structure and promises enough utility to differentiate it from typical meme coin offerings.
There's no better time to go intergalactic.
$MEMEX: the first Meme coin index
After launching its pre-sale, the world's “first decentralized meme coin index” is starting to gain momentum.
The idea is simple:
- Put all meme coins in one place.
- Watch them like a hawk.
- Revenue.
$MEMEX It's part of a growing trend of meme coins that seek to combine cultural appeal with real-world utility. Its goal is to classify meme coins into four indices, each offering a different level of volatility.
As it currently stands, the $MEMEX pre-sale has raised almost $600k in just a few days, boosted by multi-k token purchaseswith the promise of much greater things to come. This means that now is the perfect time to jump into the project.
$PENGU – Penguins set for big gains
Up to 42% in a single week, $HOSTAGE continues to make huge profits in the world of cryptocurrencies.
Pudgy Penguins began in 2021 as an nft collection and benefited from an avid community of collectors. After the successful launch of the $PNEGU token in 2024, there is now a store with real-world products to take advantage of the digital hype.
$PENGU adds a bird of different plumage to others worth mentioning coins memes. The combination of nfts, products, and now a leading token with a market cap of over $2 billion makes Pudgy Penguins a project to watch.
$WEPE – Wall Street's green frog advances
Pepe Wall Street continues to build on its successful ongoing pre-sale, with a whopping $36 million raised.
Investors continue to come in with big purchases, including a recent purchase of $42 thousand.
$WEPE promises investor information and a vibrant trading community, but its main appeal lies in its meme coin combo slogan: 'Trade like PEPE, buy WEPE!'
It's a golden opportunity for meme enthusiasts and investors alike. $WEPE follows the continued success of the original $PEPE and newcomers like Pepe Unchained ($PEPU), which surpassed a market capitalization of $38 million.
Could $WEPE be the next big green boss?
$FARTCOIN – Meme Coin with a Billion Dollar Market Cap
It's not every day you see a meme coin hit the billion dollar mark, and it's always big news when it happens.
$FARTCOIN is currently trading at $1.04; up 180% in the last month, with little sign of momentum flagging. The circulating supply is also at the 1B mark, which puts Fartcoin in an interesting position; it might go nowhere or it might explode even more.
That potential makes Fartcoin one of the most intriguing meme coins on the market today.
Great potential for Meme coins by 2025
$btc price prediction The next decade looks promising, and its continued success will only mean good things for the meme coin market.
Keep your eyes on these coins. Each project listed here has great potential for the new year and looks like it will end the season on a positive note. But don't take our word for it; Visit their official pages and do your own research.