The Hidden Gems of Crypto: Top Altcoin Projects You Shouldn’t Miss

The Hidden Gems of Crypto: Top Altcoin Projects You Shouldn’t Miss

The Hidden Gems of Crypto: Top Altcoin Projects You Shouldn’t Miss PlatoBlockchain Data Intelligence. Vertical Search. Ai.

The crypto market is absolutely electrifying, soaring past a $1.6 trillion market cap and proving that the bulls are in charge. Ethereum is leading the charge, its price zooming upwards and hinting at an altcoin rally just around the corner. This excitement isn’t just about ETH though – altcoins like VeChain (VET), Stellar (XML), IOTA (IOTA), Sei (SEI), and the trendy Step App (FITFI) are making big moves. These coins are all under 1 dollar, enabling investors not only mix things up in their portfolios, but also kick off 2024 with a bang. So are you ready to join this crypto party? It’s not just a market – it’s the future, and it’s happening right now.

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Step App (FITFI): Pioneering Move-to-Earn Experience Awaits

If you’ve ever thought about pocketing $5 to $50 for each jog, Step App might be just what you’re looking for. Since 2022, the project has been financially rewarding its health-focused users, firmly securing its leading position in the move-to-earn market. Being the first application where FitFi meets smart AI workouts, Step proves to have a stable economy and impressive ROI as shown by its resilience throughout 2023 and an ever-growing user base. Even if you’re new to Web3, managing earnings in the app is easy, which contributes significantly to the overall adoption of the M2E model. Notably, Step’s esteemed market reputation is further boosted by rave reviews from sports superstars like Usain Bolt.  

Turn Each Step into Real Money – Try Step App Today!

As 2024 rolls in, Step App jubilantly marks its first anniversary with the vibrant launch of Step 2.0 – a major rebranding that injects innovation and simplicity to its expanding ecosystem through a fresh and more inclusive visual identity. In celebration of this exhilarating milestone, they’re hosting a not-to-be-missed $10,000 giveaway in FITFI! Along with KCAL, earned from jogs to spruce up your workout gear, FITFI forms the backbone of the Step experience and opens up exclusive app features. Both assets hold promise for future growth and, with the FITFI public vesting ending on January 26, now is an ideal time to snag some tokens before their value takes off. To dive into the giveaway fun, follow Step’s socials, download the app, start the trial, and leave a review in a preferred app store. Inviting at least three friends to join Step App is another key term, entering you into a special bonus raffle for a chance to win one of three annual subscriptions designed to bump up rewards and customize in-app adventure.

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The Giveaway Is Already Live – Take Your Chance!

Step App (FITFI) is on a roll, zipping between $0.003907 and $0.012732. The Simple Moving Averages (SMA) are painting a pretty picture – the 10-day at $0.0074316 and the 100-day at $0.0048963 are both pointing upwards, signaling that things are looking up. The market is really feeling the vibe, with the Fear & Greed Index hitting a lively 73, and green days making up half of the past month. What’s more, the trading volume of FITFI is zooming past its market cap – it’s like a magnet pulling in more and more investor attention. This momentum is setting the stage for a high-flying target for Step App, aiming for $0.018778. And with the token’s public vesting wrapping up on January 26, the anticipation is almost tangible. Toss in the solid liquidity of FITFI and the team’s action-packed 2024 roadmap, and you’ll see an exciting adventure unfolding for both the project and its enthusiastic community.

VeChain (VET): Wallet Overhaul and New dApp Horizons

VeChain (VET), a pioneer in blockchain-powered supply chain management since 2015, has recently shifted gears, announcing that their VeChainThor mobile wallet will switch to a “storage-only” mode from December 31st. This is a leap towards making VeWorld the go-to wallet in the VeChain (VET) ecosystem, showing they’re not just playing the game, they’re changing it. And there’s more – they’re rolling out a native dApp explorer soon, making December an exciting month for VeChain (VET) enthusiasts.

Now, if we peek at the VeChain (VET) numbers, it’s been flirting with the key support at $0.018536, while eyeing the resistance at $0.032374. The subsequent defense lines to watch are $0.015573 and $0.009973. The 10-day and 100-day SMAs give us a hint of optimism and caution, sitting at $0.023908 and $0.018804, respectively – it’s like VET is at a crossroads, where every bit of news could swing it in a whole new direction.

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The future of VeChain is like a canvas of possibilities – the switch to a storage-only wallet and the new dApp explorer are bold moves, but they’re not without risks. Down 90% from its all-time high and facing high volatility, it’s clear that VeChain encounters journey that is not a straight line. But, if it can navigate these twists and turns, leveraging its unique position in the blockchain universe, the sky could be the limit. 

Stellar (XLM): Protocol 20 Ushers in Smart Contracts and DeFi Ambitions

Stellar (XLM) is on the move with its Protocol 20 upgrade, set to roll out between December 11 and 19, leading up to the big public network upgrade on January 20. This upgrade introduces smart contract functionalities – a game changer that allows Stellar (XLM) to explore new territories in DeFi and NFTs. After successful testing on the testnet since September 20, Stellar (XLM) is gearing up for this significant evolution, promising a more versatile and competitive platform.

Technically, Stellar (XLM) is trading in a range, nestled between $0.10832 and $0.147856. Additional support levels are found at $0.09833, and $0.07357, while the next resistance is at $0.172618. The 10-day SMA stands at $0.122907, with the 100-day SMA at $0.117246, indicating a steady, but cautious market sentiment.

Despite being down 85% from its all-time high, Stellar (XML) shows promise – the asset’s future looks bright as it embraces smart contracts, a move that could propel it upwards. However, its yearly inflation rate of 9.55% presents a hurdle, possibly impacting long-term value. For Stellar (XLM), the major challenge implies balancing its innovative strides with this inflation factor to maintain its appeal and value.

IOTA (IOTA): $100M Abu Dhabi Foundation and LBANK Leverage Lure

IOTA (IOTA) has launched the Ecosystem DLT Foundation in Abu Dhabi, backed by a hefty $100 million investment in IOTA tokens. This is a strategic play to up the project’s game in the crypto-happy MENA region with the goal of powering up the IOTA (IOTA) network and get in sync with the local regulatory scene. Plus, the token is now on LBANK, offering up juicy perpetual contracts with 20x leverage. And with IOTA Identity 1.0 hitting both IOTA (IOTA) and Shimmer, it’s not just about transactions anymore – it’s about building trust and identity in the digital world.

On the tech front, IOTA (IOTA) is like a tightrope walker, balancing between $0.16217 and $0.36326. The market’s vibe is captured in the SMA readings: the 10-day SMA at $0.289651 is riding a recent uptick, while the 100-day SMA at $0.175367 shows a longer-term climb from the depths. IOTA (IOTA) also needs to watch out for the lower support level at $0.08895 and beyond, while eyeing that dreamy peak at $0.50041.

So, what’s the deal with the future of IOTA (IOTA)? It’s looking pretty bright with this whole Abu Dhabi project being a mega move for global exposure, especially in a region that’s all about crypto. The debut of IOTA Identity 1.0 and the Stardust protocol are setting the asset up as a leader in the digital identity space and that LBANK listing is a big win for market presence. But let’s not sugarcoat it – IOTA (IOTA) has its work cut out, struggling from an extremely high 24% volatility while trying to retest its ATH of $5.25, last seen almost 6 years ago.

Sei (SEI): From Newcomer to Trendsetter

Sei (SEI), a relative newcomer in the crypto sphere, has been making waves since its token debut on major exchanges in August. Although it has slightly dipped from its recent high in the upper $0.31s, this pullback hasn’t dampened the enthusiasm around Sei (SEI), which maintains a bullish trend, boasting an impressive 188% increase from its all-time low under $0.1 in October. Fueled by optimism over potential spot Bitcoin ETF approvals in the US and expectations of a dovish shift in the Fed’s monetary policy, the upward trajectory of Sei (SEI) mirrors the broader crypto market’s surge in risk appetite.

From a technical standpoint, Sei (SEI) is navigating between $0.1304 and $0.3244. The 10-day SMA at around $0.27 indicates a stable trend and the 100-day SMA at $0.1433 reflects longer-term bullish momentum. Looking ahead, investors should keep an eye on further resistance levels at $0.4092 and $0.6032, as well as the secondary support threshold at $0.0212.

The future of Sei (SEI) seems bright – its network’s solid growth in weekly transactions since May, as indicated by Sei Daily’s dashboard on Flipside, is a strong sign of its potential. However, the limited number of unique weekly active users suggests a hurdle in broader adoption since its launch. As Sei (SEI) braces to balance potential widespread adoption with the challenges of a concentrated user base, its journey in the crypto landscape remains one to watch closely.

Closing Thoughts

In the buzzing crypto world, VeChain (VET), Stellar (XLM), IOTA (IOTA), Sei (SEI), and the cool Step App (FITFI) are making waves: VET is spicing things up with a new wallet move and a fresh dApp explorer; XLM is getting into the DeFi game with a smart contract upgrade; IOTA is going big with a new Abu Dhabi project and a listing on LBANK; then there’s Sei, the new kid on the block, growing fast but still trying to widen its circle of users. And let’s not forget Step App (FITFI) – it’s all about earning crypto while staying fit. As it hits its first birthday with Step 2.0, it’s not just another app; it’s turning fitness into fun and profit. Each of these cryptos, including the fitness-fueled FITFI, shows just how exciting and diverse the crypto scene can be.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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