Top Cryptocurrencies to Invest in Now January 9 – Kaspa, Sui, Lido DAO
Join
Our
Telegram
channel
to
stay
up
to
date
on
breaking
news
coverage
The
crypto
market
this
year
shows
promising
trends
as
several
altcoins,
including
XRP,
Cardano
(ADA),
and
Dogecoin
(DOGE),
exhibit
potential
to
outperform
Bitcoin
(BTC)
and
Ethereum
(ETH).
XRP
and
ADA
have
demonstrated
strong
momentum,
supported
by
developments
like
altcoin-focused
exchange-traded
funds
(ETFs)
and
a
strategic
partnership
between
XRP
and
ADA,
which
could
boost
their
performance
further.
Dogecoin
also
emerges
as
a
notable
contender,
with
a
target
price
of
$1
reflecting
its
growing
market
optimism.
These
shifts
suggest
a
dynamic
recovery
in
the
crypto
market,
with
increased
investor
interest
in
altcoins.
This
article
analyses
top
cryptocurrencies
to
buy
now,
evaluating
metrics
such
as
market
performance,
adoption,
and
potential
growth.
Top
Cryptocurrencies
to
Invest
in
Now
Sui’s
DeFi
ecosystem
has
experienced
significant
growth,
with
its
total
value
locked
(TVL)
reaching
$2
billion.
This
milestone
highlights
increasing
trust
and
adoption
of
its
decentralized
applications.
Meanwhile,
Wall
Street
Pepe
(WEPE)
has
drawn
notable
interest,
raising
over
$44
million
in
its
presale
just
two
months
after
its
launch.
Kaspa
has
also
shown
consistent
upward
movement.
Its
current
price
of
$0.1149
reflects
a
2.67%
increase
over
the
last
24
hours.
1.
Kaspa
(KAS)
Kaspa
is
a
cryptocurrency
that
uses
proof-of-work
(PoW)
for
network
security
while
leveraging
the
GHOSTDAG
protocol
to
process
blocks
quickly
and
efficiently.
Unlike
many
traditional
systems,
Kaspa
enables
high
block
rates
without
sacrificing
the
security
associated
with
PoW.
Currently,
the
network
produces
one
block
per
second,
with
plans
to
scale
to
10
or
even
100
blocks
per
second.
Recent
upgrades
focus
on
improving
scalability,
transaction
speed,
and
overall
utility.
These
changes
include
faster
block
production,
protocol
refinements,
and
integration
of
smart
contracts.
These
updates
aim
to
make
Kaspa
more
efficient
and
accessible
for
developers
while
supporting
its
broader
adoption
as
a
blockchain
infrastructure
solution.
????
Exciting
news
for
the
Kaspa
Community!????
Kaspa’s
integration
to
the
official
@Ledger
Live
App
for
Desktop
and
Mobile
has
made
some
amazing
progress.????
Integration
video
shows
full
functionality
of
sending/receiving.????
Manage
$KAS
directly
on
Ledger
Live
????
Full…
pic.twitter.com/xHCabGSg0G—
Kaspa
(@KaspaCurrency)
January
5,
2025
The
network’s
economic
and
operational
dynamics
may
shift
with
the
upcoming
hard
fork,
which
could
affect
transaction
processing,
mining
rewards,
and
network
usage.
Kaspa’s
price
has
seen
steady
growth,
currently
trading
at
$0.1149,
with
a
2.67%
increase
in
the
past
24
hours.
It
is
performing
well
above
its
200-day
simple
moving
average
of
$0.063593,
reflecting
strong
liquidity.
The
14-day
Relative
Strength
Index
(RSI)
sits
at
54.20,
indicating
neutral
market
conditions
and
a
likelihood
of
sideways
trading
in
the
short
term.
2.
Sui
(SUI)
Sui
is
designed
to
support
widespread
adoption
by
providing
a
secure
and
scalable
environment
for
developers.
It
introduces
an
object-focused
data
model
and
uses
the
Move
programming
language
to
tackle
common
inefficiencies
in
existing
blockchains.
These
features
aim
to
make
the
platform
efficient
and
user-friendly.
Recently,
the
total
value
locked
(TVL)
in
Sui’s
DeFi
ecosystem
reached
$2
billion,
reflecting
growing
confidence
in
its
applications.
The
price
of
SUI,
the
platform’s
native
token,
hit
a
record
high
of
$5.35,
signaling
strong
market
interest.
Open
Interest,
a
measure
of
active
investment,
climbed
to
$1.47
billion,
suggesting
rising
liquidity
and
engagement.
????
BREAKING
????
Sui’s
Total
Value
Locked
has
soared
past
$1.8B,
$1.9B,
and
now
sits
above
$2,000,000,000!What
a
way
to
start
the
new
year!
????
pic.twitter.com/QfElJf8NFV—
Sui
(@SuiNetwork)
January
4,
2025
Furthermore,
SUI
trades
74.19%
above
its
200-day
simple
moving
average
(SMA)
of
$2.63,
showing
long-term
strength.
It
is
also
performing
positively
compared
to
its
initial
token
sale
price.
Its
liquidity,
supported
by
market
capitalization,
remains
high.
The
Fear
&
Greed
Index
for
SUI
stands
at
69
(Greed),
indicating
positive
market
sentiment.
The
token’s
14-day
Relative
Strength
Index
(RSI)
is
55.90,
which
is
neutral.
This
suggests
that
the
price
is
neither
overbought
nor
oversold,
and
sideways
movement
may
continue.
These
metrics
reflect
a
balanced
market
position
with
no
clear
extremes.
3.
Avalanche
(AVAX)
Avalanche
creates
decentralized
applications
(dApps)
that
are
fast,
cost-effective,
and
scalable.
Its
unique
architecture
allows
users
to
build
customized
blockchains
with
independent
rules
and
governance.
This
flexibility
makes
Avalanche
a
notable
option
for
developers
seeking
tailored
solutions.
Recently,
the
Avalanche
Foundation
completed
a
buyback
of
1.97
million
AVAX
tokens
previously
acquired
by
Luna
Foundation
Guard
(LFG).
The
transaction
cost
$53
million,
reflecting
a
higher
valuation
than
the
$45.5
million
initially
filed.
This
highlights
the
token’s
growth
in
value
and
market
interest.
Currently,
Avalanche
shows
signs
of
potential
upward
momentum
in
the
cryptocurrency
market.
At
the
time
of
writing,
the
token
traded
at
$36.71,
marking
a
22%
increase
over
the
past
90
days.
However,
trading
volume
remains
down
by
34.14%,
with
$554
million
in
trades
during
the
reporting
period.
Avalanche
trades
above
its
200-day
simple
moving
average
(SMA)
of
$34.30,
indicating
relative
price
strength.
Its
14-day
Relative
Strength
Index
(RSI)
sits
at
35.43,
suggesting
a
neutral
market
sentiment.
This
means
the
token
is
neither
overbought
nor
oversold,
possibly
leading
to
sideways
movement
in
the
near
term.
4.
Lido
DAO
(LDO)
Lido
DAO
is
a
decentralized
organization
that
provides
tools
for
staking
on
various
blockchain
networks.
Its
main
offering
is
a
liquid
staking
solution
for
Ethereum,
enabling
users
to
stake
their
ETH
while
still
having
access
to
their
funds.
When
users
stake
ETH
through
Lido,
they
receive
stETH
tokens
representing
the
staked
ETH
and
any
rewards
earned
from
staking.
Currently,
the
Lido
DAO
Token
(LDO)
is
priced
at
$1.66,
with
a
24-hour
trading
volume
of
$212.67
million
and
a
market
capitalization
of
$1.47
billion.
The
price
dropped
by
3.73%
over
the
last
day.
The
token
trades
slightly
above
its
200-day
simple
moving
average
(SMA)
of
$1.62,
suggesting
relative
stability.
Over
the
past
month,
the
token
experienced
17
positive
trading
days,
making
up
57%
of
the
period.
The
trading
volume,
compared
to
its
market
cap,
stands
at
0.1438,
indicating
decent
liquidity
for
a
project
of
its
size.
Its
14-day
Relative
Strength
Index
(RSI)
is
34.86,
a
neutral
zone,
suggesting
the
price
might
continue
sideways
without
strong
short-term
trends
up
or
down.
5.
Wall
Street
Pepe
(WEPE)
Wall
Street
Pepe
(WEPE)
has
gained
attention,
crossing
$44
million
in
its
presale
within
two
months
of
launch.
The
project
aims
to
connect
casual
meme
coin
enthusiasts
with
experienced
traders
by
offering
token
holders
access
to
trading
insights,
strategies,
and
market
data.
This
approach
seeks
to
provide
practical
benefits
beyond
the
novelty
of
meme
coins.
During
the
presale,
early
buyers
can
purchase
WEPE
tokens
at
$0.00036644.
However,
prices
are
set
to
increase
soon,
suggesting
that
the
current
rate
may
be
the
lowest
available.
The
presale
has
garnered
significant
interest,
driven
by
WEPE’s
emphasis
on
community
engagement.
The
project
encourages
collaboration
among
its
supporters,
often
referred
to
as
its
“army,”
who
are
confident
in
the
coin’s
long-term
potential.
The
coin’s
design
and
strategy
highlight
its
community-driven
nature
and
focus
on
creating
value
for
investors.
By
offering
access
to
trading
tools
and
fostering
a
strong
group
dynamic,
WEPE
presents
itself
as
more
than
a
typical
meme
coin.
It
positions
the
token
as
a
way
for
investors
to
leverage
collective
momentum
while
exploring
trading
opportunities.
As
the
presale
nears
its
conclusion,
many
are
watching
to
see
how
WEPE
performs
after
its
official
launch.
Its
growth
suggests
interest
in
community-focused
cryptocurrency
projects.
Visit
Wall
Street
Pepe
Presale
Read
More
Newest
Meme
Coin
ICO
–
Wall
Street
Pepe
-
Audited
By
Coinsult -
Early
Access
Presale
Round -
Private
Trading
Alpha
For
$WEPE
Army -
Staking
Pool
–
High
Dynamic
APY
Join
Our
Telegram
channel
to
stay
up
to
date
on
breaking
news
coverage
Comments are closed.