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Best Crypto to Buy Now October 11 – MANTRA, Celestia, Jupiter

Best Crypto to Buy Now October 11 – MANTRA, Celestia, Jupiter

InsidebitcoinInsidebitcoin2024/10/11 14:52
By:Insidebitcoin

As the cryptocurrency market continues to evolve, staying informed about promising investment opportunities is essential. This October, several digital assets are gaining attention due to their recent developments and potential for growth.

In this article, we explore some of the best crypto to buy now , including MANTRA, Celestia, and Jupiter, each offering unique features and market momentum that could make them valuable additions to your portfolio.

Best Crypto to Buy Now

Today, MANTRA’s token ranks as one of the top gainers in the cryptocurrency market, with a 5.62% price increase in the last 24 hours and 14.10% growth over the past week. Meanwhile, Jupiter Exchange has launched a new mobile app designed to streamline the acquisition of Solana. At the same time, Crypto All Stars has raised over $2 million, primarily attracting attention for its high staking rewards system.

1. MANTRA (OM)

Today, MANTRA’s token is among the top gainers in the cryptocurrency market. It has seen a price increase of 5.62% in the last 24 hours and 14.10% over the past week, now trading at about $1.4. MANTRA is designed as a security-focused, Layer 1 blockchain specializing in Real World Asset (RWA) applications. 

The platform allows permissionless blockchain architecture while supporting permissioned applications, aiming to bridge decentralized finance with regulated environments. Moreover, OM’s price has been on an upward trend since late September, when it hit a local low of $1.06. 

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Since then, it has steadily increased, reaching its current price of $1.44, which marks a notable recovery. This upward trajectory appears strong, as reflected in the recent steep price movement. Despite this momentum, the token’s 14-day Relative Strength Index (RSI) is 30.75, suggesting a neutral trend in the near term. 

Furthermore, OM has posted gains on 16 days in the past month, indicating a generally positive market trend. Additionally, with a volatility rate of 9%, the token exhibits a degree of stability, a relatively low volatility figure compared to other cryptocurrencies. 

Currently, the market sentiment for MANTRA is bullish, with the token trading significantly above its 200-day Simple Moving Average (SMA), which is set at $0.024058. Specifically, OM is trading 5,875.38% above this average, a substantial difference highlighting its strong performance. 

2. Celestia (TIA)

Celestia is collaborating with Payy Network to enhance scalability and efficiency in a decentralized payment system. This partnership leverages Celestia’s modular blockchain architecture to improve data availability, which plays an important role in boosting the performance of Payy’s zk-rollup-based network.

Payy’s system already uses zk-rollups to optimize transaction speed and cost by bundling multiple transactions together. With Celestia’s modular approach, scalability can be taken even further. Moreover, Celestia has also outlined plans to increase block sizes up to 1GB, a move that could significantly boost the network’s transaction throughput. If successful, this would surpass Visa’s transaction processing rate of 24,000 TPS. 

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Meanwhile, TIA is currently priced at $5.23, with a 24-hour trading volume of $450.60 million and a market cap of $1.13 billion, reflecting a market dominance of 0.05%. The token saw a 7.57% increase in price over the last 24 hours, and it has shown relatively stable market activity, with 16 positive days out of the last 30.

According to Coincodex, market predictions suggest a possible price increase of 227.41%, potentially reaching $16.37 by November. This collaboration between Celestia and Payy represents a step forward in advancing scalable blockchain technologies, positioning both networks to support a wider range of use cases in the evolving decentralized ecosystem.

3. Immutable (IMX)

Immutable X aims to address Ethereum’s challenges, particularly in the NFT space. It seeks to overcome issues such as low scalability, poor user experience, illiquidity, and slow developer workflows. By offering instant trading, increased scalability, and zero gas fees for minting and trading NFTs, Immutable X aims to provide a more efficient environment without compromising on user or asset security.

The current price of Immutable X is $1.48, reflecting a 4.26% increase in the last 24 hours. When compared to its initial token sale price, the token shows a positive performance. It also has high liquidity based on its market cap, meaning it can be traded easily without major price fluctuations, a sign of market stability.

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In terms of recent developments, Immutable X has been expanding its presence in gaming. One of its latest collaborations includes “Monster Tycoon,” developed by Play Ember with Pixelmon. The game is now available globally on the App Store and Google Play, with users able to earn rewards such as 100 gems by completing in-game quests. 

Additionally, the platform continues to integrate blockchain into gaming experiences. In “Call of the Void,” users can interact seamlessly using the Immutable Passport and showcase custom avatars like the Moku skin, further highlighting the platform’s role in enhancing digital asset interaction.

4. Jupiter (JUP)

Jupiter Exchange has introduced a new mobile app aimed at simplifying the process of acquiring Solana. This app provides a convenient way for users to purchase Solana by offering a variety of payment options, including Apple Pay, credit and debit cards, PayPal, and Google Pay. 

The app also includes a feature called “Auto-Mode,” designed to make trading more straightforward. Auto-Mode automatically handles several trading parameters, such as slippage (the difference between the expected price of a trade and the actual price), priority fees, and transaction retries. 

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This feature allows users to trade any token for another with minimal manual input. Additionally, the app employs Jupiter Routing, which aims to provide users with the best available prices for their trades. 

Another feature of the app is it charges zero transaction fees, enhancing its appeal to traders looking for cost-effective solutions. Meanwhile, Jupiter (JUP) is currently trading between $0.70 and $0.90. A simple moving average (SMA) indicates stability within the $0.73 to $0.76 range, which could be a sign that the coin is preparing for a potential breakout. 

The nearest resistance level sits at $1.02, a 15% increase from its current trading range. If JUP surpasses this resistance, the next target would be $1.22, suggesting a possible 36% rise.

5. Crypto All Stars (STARS)

Crypto All Stars has raised over $2 million, drawing interest primarily due to its high staking rewards system. The project offers an annual staking reward of 850%, which is significantly higher than typical rates in the broader cryptocurrency market. 

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The team behind Crypto All Stars plans to concentrate on the meme coin sector. They aim to introduce a staking protocol tailored to popular meme tokens. Meme coins, known for their viral popularity and community-driven nature, could find additional utility through this platform. The project’s unique feature, MemeVault, allows users to stake their meme coin portfolios, generating passive income. This approach could broaden meme coins’ appeal by adding functionality beyond speculative trading.

Crypto All Stars targets meme coin investors who are looking to maximize the value of their assets through staking. During the presale, the platform’s native token, STARS, was priced at $0.0014947, with expectations for the price to increase as the project progresses. The gradual rise in value may be fueled by additional funding rounds and growing interest in the platform’s offerings.

The STARS project has also gained traction due to endorsements from several crypto analysts, which has helped build an active online community. Many early supporters express optimism about the future performance of the STARS token, especially once it becomes available on decentralized exchanges (DEX).

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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