Top 5 Cryptocurrencies to Invest in Now: Altcoin Season May Be Approaching

The crypto market is on the verge of a long-anticipated altcoin season, presenting a good opportunity to consider adding altcoins to your portfolio.

Cryptocurrencies have experienced varying price movements over the past week, with some tokens, such as Flare (FLR) and Pepe Unchained (PEPU), showing notable shifts.

Here's a closer look at the price actions and key developments for several cryptocurrencies:

1. Flare (FLR) Price Surges Ahead of Mainnet Launch

FLR price recently experienced a 5% increase, outperforming other cryptocurrencies that are currently seeing declines. The token's price rose from $0.0149 to a high of $0.0178 before settling at around $0.016.

This price rise pushed its market capitalization to about $770 million. A significant increase in trading volume accompanied this upswing, with more than $38 million worth of the token traded, indicating a 365.61% rise in activity. Over the past 30 days, FLR had 16 positive trading days, suggesting relatively high liquidity based on its market cap.

2. Pepe Unchained (PEPU) Raises Over $17 Million in Presale

Pepe Unchained has garnered attention as one of the year's more remarkable meme coin Initial Coin Offerings (ICOs). Its popularity stems from being the first Pepe-inspired meme coin to introduce its blockchain.

The project builds on the momentum of its predecessor, Pepe, while introducing a key innovation: the “Pepe Chain.” This native blockchain functions as a Layer-2 solution designed to enhance both scalability and cost-efficiency compared to larger networks like Ethereum. The Layer-2 approach allows for more efficient transaction processing, addressing common issues found in older blockchain networks, such as high fees and slower processing times.

Moreover, the primary problem that Pepe Unchained seeks to resolve is the elevated transaction fees that affected previous meme coin projects, including its predecessor. By implementing its Layer-2 blockchain, it aims to lower costs for users while offering a more streamlined network for transactions.

3. eCash (XEC) Price Shows Resilience, Set for Further Gains?

eCash price experienced a slight increase, rising by 0.96% in the last 24 hours to reach $0.00003437. Its current market cap ranks 89th among cryptocurrencies by market capitalization.

Key price support is observed at $0.00003379 and $0.000035, which may help stabilize the asset if the current rally slows down. Market sentiment for eCash appears bullish despite the Fear & Greed Index showing a score of 37, indicating a level of fear in the market.

4. MANTRA (OM) Price Pauses Rally, Still Up Over 2,130% in a Year

Mantra price experienced a significant rally, reaching a two-month high of $1.3155. Over the past year, Mantra has seen substantial growth, with its value surging by over 2,130%.

One major factor contributing to Mantra’s price increase is the rising futures open interest, which has now hit $30 million, a multi-month high. At the time of writing, the token is trading at $1.26, reflecting a 3.07% intraday decline. Despite this short-term dip, it has still gained 1.08% over the past week.

5. Pepe Coin (PEPE) Price Surges Over 40% This Week

Pepe Coin has seen notable price activity recently, with a significant increase of over 40% this week. The coin’s price surged from $0.0000080 to a weekly peak of $0.000013, marking a substantial recovery in its monthly performance.

Previously, Pepe had dropped below $0.0000056 earlier in the month but now shows a nearly 50% price gain over the past 30 days. This recent upward trend positions Pepe closer to its five-month all-time high (ATH) of $0.000017. Its year-to-date (YTD) price gain is approximately 1,280%, reflecting its volatile but rapid growth.

Despite this week’s momentum, the price experienced a pullback, dropping 8.67% in the last 24 hours to $0.000008885. From a technical perspective, Pepe is trading above its 200-day simple moving average (SMA), indicating a potential longer-term bullish outlook. The coin has recorded 18 green days out of the last 30, translating to a 60% positive trend over the past month.

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