On January 9, crypto prices exploded, with the total market capitalization reaching $854 billion, Bitcoin up more than 2%, and Ethereum up nearly 5% in the last 24 hours. GALA, Zilliqa, Lido DAO, Solana, and Optimism are the top gainers.
Let’s dig deeper to look at the top 10 altcoins to invest in for 10x gains.
10 Altcoins to Invest In For 10x Gains
1 – GALA (GALA)
GALA is currently trading at $0.0385 with a 24-hour trading volume of $945 million. The Gala has risen nearly 65% in the last day. With a live market cap of $268 million, it currently ranks #96. Gala Games wants to change the gaming industry by giving gamers ownership of the gaming experience. Its mission is to create “blockchain games you’ll want to play.”
The goal is to eliminate the need for gamers to spend hundreds of dollars on in-game items and endless hours playing games that can be taken away at any time with the press of a button. It aims to instill creative thinking in games by giving users control over the games and in-game assets via blockchain technology.
By owning non-fungible tokens, players can exert control over game governance (NFTs). Gala Game purchases NFTs for specific games using its utility token GALA. The network has released one playable game, Town Star, as well as an NFT collection series called VOX. It also plans to add new games, such as fantasy role-playing games, science fiction strategy games, and tower defense games.
Just a little bit of information regarding our ongoing work with @TheRock and @markwahlberg.$GALA is the gas token in @GoGalaFilms and @GoGalaMusic as well! pic.twitter.com/u9fdXoNte1
— Gala Games (@GoGalaGames) January 9, 2023
According to a quick look at its official Twitter account, the Gala Games platform will be expanding in 2023. A Discord chat screenshot revealed the evaluation of 15 mobile games for onboarding. It also revealed the acquisition of a mobile game studio with over 20 million customers. Furthermore, the community advocates for “complete burns,” or the destruction of all GALA tokens used in platform purchases.
The token will be used as a gas on the network’s Layer-1 blockchain, which is also being built. The network will burn half of the generated gas and distribute the remaining 25% to the company’s founders, node owners, and ecosystem partners.
2. Zilliqa (ZIL)
At the time of writing, the current live price of Zilliqa is $0.025, with a 24-hour trading volume of $241 million. It has increased by over 40% in the last 24 hours. The current ranking is #77, with a market capitalization of $398 million. Zilliqa is an open blockchain that doesn’t require permission to use, and its goal is to provide high throughput by handling thousands of transactions per second.
In addition to staking, the platform supports yield farming and other decentralized applications. The network says that it will solve the problem of scalability by allowing high throughput and transaction rates per second via sharing.
#Zilliqa is my wild card #blockchain, always has been and always will be because it’s the 1st chain to implement sharding , $zil changed the game.
I like the way they operate,they do things quietly and low key,BUT make massive waves.$ZIL will be the number #1 smart contract chain pic.twitter.com/bDYEEP2afw— yan.x (@euphorio_) January 9, 2023
Sharding is a second-layer scaling method to solve blockchain scaling and performance issues. Because each shard processes transactions independently, as the network grows and the number of shards increases, so does the number of transactions completed per second. Moreover, entries are processed and immediately posted to the Zilliqa blockchain. As a result, no further confirmation period is required.
The network recently added EVM compatibility to its testnet. This move paved the way for an EVM ecosystem-friendly Zilliqa-based protocol with benefits such as low cost and high throughput. MetaMask users can now safely store and use coins on various networks, including Zilliqa. The native utility coin of Zilliqa, ZIL, is used to carry out smart contracts and network transactions.
MetaMask users can use solidity-based contracts, receive and transfer ZIL tokens, and connect their wallets to the Zilliqa testnet. As a result, more people will use wallets like MetaMask and the Zilliqa network to run dApps. Hence, it’s also one of the reasons for the ZIL token’s price increase.
3. Lido DAO (LDO)
Lido DAO was trading at $1.85 on January 9, with a 24-hour trading volume of $274 million. Its value increased by over 16% the day before. With a live market capitalization of $1 billion, the current ranking is number 31. Lido is a solution for Ethereum’s liquid staking. Its users can stake their ETH while taking part in on-chain activities like lending to make more money without making a minimum deposit or keeping up the infrastructure.
The native utility token LDO manages fee settings and distribution, grants network governance powers and controls Lido node operator addition and removal.
According to a recent report, Lido Finance is now the most liquid Ethereum staking platform, holding more than 30% of all staked ETH tokens at the time of writing. When Ethereum switched from a proof-of-work to a proof-of-stake algorithm in 2022, demand for the platform skyrocketed.
The report also said that users would be able to withdraw their staked ETH tokens after the Shanghai blockchain fork. It will entice more people to invest through Lido Finance. It will also increase demand for and the value of the project’s native token, LDO.
The altcoin has grown very quickly because Lido DAO has greatly impacted decentralized finance (DeFi). Despite a correction in its total value locked (TVL), the DeFi platform surpassed the market leader MakerDAO by a few hours this week.
4. Solana (SOL)
The current live price of Solana is $16.15, and the 24-hour trading volume is $1 billion. Its value has risen by 19% in the last 24 hours. The current market capitalization is $5 billion, ranking the company 11th. Solana is a fully functional open-source project that uses the permissionless nature of blockchain technology to offer decentralized financial (DeFi) solutions.
The network facilitates the development of decentralized apps (DApps). It plans to simplify scaling by adding a “proof-of-history” (PoH) consensus to the blockchain’s “proof-of-stake” (PoS) consensus. The network has institutional and retail traders because it has a unique hybrid consensus mechanism.
Because of the blockchain’s fast processing rates, the network is well-known in the crypto industry. Its hybrid approach significantly reduces transaction and smart contract validation times and benefits both individual and corporate users.
#Solana $SOL #meme season is kicking off thanks to $BONK and you're not aping the OG $doge of Sol $SOGE under 100k mc?
Burnt LP
0 tax
Bases community
Partnership Ann Monday pic.twitter.com/u5dNxgGaZB— 0xIronMonk (@0xIronMonk) January 7, 2023
The emergence of BONK, a Solana-based token with a similar “doge meme” theme, has recently sparked interest and excitement in the Solana ecosystem. Since the start of the holiday airdrops on December 25, BONK has begun to dominate discussions and activity among Solana users and developers on Crypto Twitter. The increased interest in and use of BONK is driving both the price of BONK and the value of SOL.
5. Cardano (ADA)
The current market price of Cardano is $0.32, and the 24-hour trading volume is $888 million. Its value has risen by more than 16% in the last 24 hours. With a market capitalization of $11 billion, the current ranking is #8. Cardano is a blockchain proof-of-stake platform that claims to give “changemakers, innovators, and visionaries” the ability to influence positive global change.
Cardano, one of the major blockchains, employs a proof-of-stake consensus method, which uses less energy than Bitcoin’s proof-of-work method. Cardano’s founder, Charles Hoskinson, has recently increased his efforts to promote the use of ADA, the native coin of the Cardano ecosystem.
Charles Hoskinson's new hospital will also accept payments. #Cardano #ADA pic.twitter.com/SXzmG4fVV9
— BigBro Sopa (@KrittidetSopa) January 9, 2023
Hoskinson has announced the opening of his brand-new hospital, the “Hoskinson Health & Wellness Clinic,” which will accept patients’ ADA token payments. Hoskinson recently announced the project’s progress. Furthermore, the hospital will be open by February 2023.
6۔ FightOut (FGHT)
The FightOut (FGHT) platform works similarly to a personal trainer, with the exception that the FGHT token is reimbursed for workout time in advance. All activities are tracked and can be used to improve one’s metaverse avatar’s metrics. The FGHT presale is going well, with around $2.75 million raised so far. The current selling price of 60.06 FGHT for $1 (FGHT can be purchased with ETH or USDT) is expected to rise as the sale progresses.
7. Dash 2 Trade (D2T)
Dash 2 Trade will be an Ethereum-based platform that will provide real-time statistics and social trading data when it launches in early 2023. Trading signals, on-chain statistics, strategy-building tools, and newsfeeds will be among the first features, allowing both new and experienced traders to stay on top of the volatile bitcoin market. Changelly Pro, LBANK, and BitMart will also offer D2T.
ATTENTION #D2T COMMUNITY
Only 2 days left until the exchange listings!
The first CEX launch will go live on Wednesday 11th Jan 2023!!
Confirmed CEX listings:
✅BitMart
✅LBank
✅Changelly Pro
✅https://t.co/HValaleiMQStay tuned pic.twitter.com/PQg16FRh4K
— Dash 2 Trade (@dash2_trade) January 9, 2023
Dash 2 Trade has now raised $14.2 million, with only one day and ten hours until the platform’s native D2T token is listed on Gate.io, the first of a planned series of centralized cryptocurrency exchange listings.
8. C+Charge (CCHG)
C+Charge (CCHG) is a blockchain-based network that benefits electric vehicle owners for charging and using their vehicles. Its native token, CCHG, is currently on the market. Electric vehicle use has increased dramatically in recent years all over the world. The electric vehicle (EV) sector has emerged as a more environmentally friendly alternative to the existing automobile industry, which has long needed reform.
Thanks to companies like Tesla, Rivian, and others, people can now buy EVs and participate in the green revolution. The network already has decided to volunteer to connect 20% of Turkey’s EV chargers to demonstrate its scalability. 1 CCHG costs $0.013 and can be purchased with BNB or USDT. The presale has so far raised $106,000.
9. RobotEra (TARO)
#RobotEra – is the best way to escape reality and feel like a real robot!
With no limits, while creating your own continent, you can mine, construct, collect energy, or have fun exploring with friends
Join the #RobotEra Army now ⬇️https://t.co/UJ3inomU89 pic.twitter.com/0nyo7yTwAv
— RobotEra (@robotera_io) December 24, 2022
Concerts and sports competitions are just a few examples of the types of events that can be enjoyed in the group setting offered by the metaverse. The TARO native cryptocurrency is currently in a presale that has already brought in nearly $300,000.
10. Calvaria (RIA)
Calvaria is a new cryptocurrency gaming project that has the potential to dominate the market for play-to-earn games. Two major barriers to widespread Web3 gaming adoption have been identified by RIA developers. While traders see the potential of Web3 games, users do not. Calvaria’s presale is already in stage 5 of 10, with nearly $2.7 million raised.
Investors are flocking to the rapidly growing GameFi project as the price of the native RIA token rises significantly at each presale stage. Tokens cost $0.03 each in stage 5, but by stage 6, the price had increased to $0.038, and tokens cost $0.055 in stage 10.
Related news
- 10+ Best Altcoins to Invest in 2023 – Which New Altcoins to Buy?
- Crypto Gaming Is About to Get a Lot More Exciting and Profitable With This 10x Coin
- Best Crypto to Trade Right Now
Fight Out - Next Big Train-to-Earn Crypto
- Backed by LBank Labs, Transak
- Earn Rewards for Working Out
- Level Up and Compete in the Metaverse
- Presale Live Now - $5M Raised
- Real-World Community, Gym Chain
This article was written for Business 2 Community by Arslan Butt.
Learn how to publish your content on B2C
Join our Telegram channel to stay up to date on breaking news coverage
Add B2C to your Google News Feed
