January set a record for the most altcoins created in a single month in the history of crypto, with over 600,000 new tokens launched. For comparison, in 2022, the average number of new altcoins was around 50,000 per month.
This creates problems for crypto investors to find the next altcoins to explode since the market is crowded, to say the least. However, there are always opportunities, but only with the right research.
Let’s have a look at the best 3 cryptos to buy now that could potentially get that 100x in the months ahead based on their fundamentals and use cases.
ChowWow – Best Altcoin to Buy Now?
Drawing from the loyal and strong Chow Chow breed, ChowWow launched the presale for its native token $CHOW in February. Unlike typical meme coins that rely purely on hype, this project is building something more substantial. It’s built on the Solana network.
This new cryptocurrency combines gaming with earning opportunities in a way that makes sense. Players can jump into the game world to earn rewards, or simply stake their tokens if they prefer a more passive approach. It’s refreshing to see a meme coin project that’s putting real effort into building lasting value rather than just riding the hype train.
Looking at the numbers, ChowWow has set its total supply at 888,777,000 tokens. Half of these are up for grabs in the presale, which shows they’re serious about rewarding early believers. The rest will go toward things that actually matter – staking rewards, running the project, and giving back to the community.
For those interested in staking, the yields look pretty attractive at 8% to 15% per year. The exact amount you’ll earn depends on how long you stake and how many other people are in the pool. The gaming side is fun too – you get to play with digital pets that represent your tokens, and there’s a whole training and trading system built around it.
The community aspect is strong, with weekly meme contests dishing out $1,000 in USDT to the best creators. Right now, you can get in during the presale at $0.008 per token, with the launch price expected to hit $0.0288. This means that “early birds” could get nice profits upon launch. You only need $25 to get started, which keeps the barrier to entry low.
Visit ChowWow Presale
Alephium (ALPH) – Undervalued Crypto
Alephium is doing something pretty clever with blockchain technology. They’ve created what they call BlockFlow – think of it as splitting up the blockchain into smaller, more manageable pieces. This clever setup lets them process about 10,000 transactions every second, which makes Bitcoin’s 7 and Ethereum’s 27 look like dial-up internet.
They’ve also come up with a smarter way to handle mining called Proof of Less Work. Instead of burning through electricity like there’s no tomorrow, their system adjusts how hard mining is based on what’s happening on the network right now. It’s like having a smart thermostat for your blockchain – it uses just what it needs to stay secure.
The way Alephium handles transactions is pretty smart too. They’ve taken Bitcoin’s UTXO model and given it an upgrade, making it more flexible while keeping it secure. It’s like they’ve taken the best parts of Bitcoin and Ethereum and mixed them together.
For developers, Alephium has built its own tools – a virtual machine called Alphred and a programming language named Ralph. These make it much easier to build apps on the platform without running into the usual headaches.
The project’s token, ALPH, has a cap of 1 billion tokens and currently sits at a $62 million market cap. They’ve designed their system to handle tokens really well, making it super smooth for both regular users and developers building apps.
Alchemy Pay (ACH) – Next Altcoin to Explode?
Alchemy Pay has been quietly revolutionizing crypto payments since 2018. Based in Singapore, they’ve built a system that works in over 70 countries and connects with more than 300 different payment methods. They’re not just dreaming big – they’re already working with giants like Shopify, Visa, and Mastercard.
What makes them special is how they handle the crypto-to-fiat conversion. When someone pays with crypto, the merchant gets their local currency right away. They use Chainlink’s price feed to make sure everything is priced fairly, and they’ve wrapped it all in serious security measures like two-factor authentication and solid encryption.
For business owners, adding Alchemy Pay is pretty straightforward. It works both online and offline, which is crucial for real-world adoption. Their token, ACH, runs on Ethereum and has grown to a respectable $315 million market cap. It’s not just for show either – merchants need to hold some ACH to use certain features, and token holders can stake their coins and vote on important decisions.
This setup makes Alchemy Pay a bridge between the crypto world and regular money, something that’s becoming more important as digital currencies go mainstream. The project keeps growing, now handling over 100 fiat currencies and more than 40 different cryptocurrencies.
Conclusion
Even though the massive influx of new cryptos makes it harder to spot genuine opportunities, these projects stand out through their focus on building actual utility rather than just chasing quick gains.
The potential for returns exists, but as always in crypto, success depends on timing, market conditions, and the projects’ ability to deliver on their roadmaps. Based on our research, $CHOW, $ALPH and $ACH are among top altcoins to invest in now.
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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
