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  • Writer's pictureSarah Dixon

Altcoins Are Exploding and These Are the Coins to Buy for Profits 16 January

With the crypto market suddenly surging significantly, many investors are looking towards altcoins for possible gains, and at the moment, several impressive options could deliver massive gains for investors.

This article will examine some top-performing altcoins and why they are poised for gains.

Meta Masters Guild (MEMAG)

Kicking off our list of the best altcoins to buy at the moment is MEMAG. The digital asset, which is currently available on presale, is a massive gainer for any fan of gaming in the industry.

MEMAG was built by the Meta Masters Guild – a Web3 gaming collective looking to create an ecosystem of games. Each game within the MMG is expected to operate autonomously, with all of them having to use MEMAG as their native token.

Already, the developers of the MMG are set to launch the first game within their ecosystem. Two more games are already in the works, and others will most likely follow suit soon. And as more games are developed, and more users join the ecosystem, MEMAG’s utility will undoubtedly grow significantly.

MEMAG has raised over $289,000 from its presale. The presale is divided into seven phases, with the first phase costing $0.007. When released, it is estimated to skyrocket to $0.023 per MEMAG, giving early investors a 228.5% return on investment!

Celo (CELO)

Next on the list of the best altcoins to buy is CELO. The crypto asset is the native token for Celo – a global payment infrastructure for digital assets targeting mobile users.

Celo’s objective is to provide financial access to anyone globally, regardless of their phone numbers. Besides payments, Celo can also support the development of decentralized applications (dApps), thanks to its standalone blockchain platform.

The CELO token currently trades at $0.7348. Its price is up by an impressive 15.48% in the past 24 hours.

Earlier this month, the developers of the Celo ecosystem announced a fresh brand identity, complete with new logos and a brand refresh. As they explained, the new identity will help to reflect their objective to help spur Web3 adoption across the blockchain ecosystem.

They also teased the launch of new products and partnerships, hoping to take their blockchain closer to industry leaders like Ethereum and Solana.

Fight Out (FGHT)

Fitness enthusiasts would love Fight Out and its innovative compensation model. The move-to-earn platform employs blockchain technology to provide a simple and dependable method of assisting users in achieving their fitness goals while providing a financial incentive to stay fit.

In Fight Out, players are able to access an app that allows them to set their fitness objectives. It enables them to exercise specific parts of their bodies and provides access to workout regimens and content that can help them get started.

The platform employs smart technology to track users’ progress and gains. It also monitors dietary intake, sleep patterns, and more to help users live healthier lives.

Users earn REPS when they complete workouts. This in-app currency can be used to get discounts and buy items from the Fight Out in-app marketplace. REPS can also be used to gain access to various platform perks and benefits across the board.

The native Fight Out token is known as FGHT. This digital asset powers subscription payments within the Fight Out ecosystem and can also be exchanged for REPS, staked to receive subscription and content access discounts.

FGHT has been available on presale for over a month, and its growth has been impressive. With over $2.95 million in capital raised, investor demand for it is incredibly high.

Decentraland (MANA)

Decentraland is one of the most notable iterations of the metaverse within the crypto space. The platform provides a virtual world where players can purchase land as non-fungible tokens (NFTs) and develop it as they see fit.

In decentraland, players can purchase or develop properties on their land and lease it out to other players for a fee. The virtual world also provides a great way for users to engage in different experiences.

MANA, Decentraland’s native token, currently trades at $0.7061. Its price is up by an impressive 21.76% in the past 24 hours, making it one of the best-performing large-cap altcoins.

While the market’s dynamics have helped MANA to surge, the asset also appears to be enjoying the return of the Australian Open to Decentraland. With the tournament beginning on January 16, millions worldwide will be looking to see who wins, especially via Decentraland.

C+Charge (CCHG)

C+Charge provides a simple way for electric vehicle (EV) users to charge their vehicles and gain value for EV ownership. The platform, announced late in 2022, aims to combine a bespoke token and a mobile app that would help provide much better value to EV owners.

With C+Charge, EV owners can access a mobile app that allows them to locate charging stations near them. The app is also advanced in allowing users to run diagnostics on their vehicles to determine where they might be faulty. EV owners can also obtain carbon credits for charging their vehicles.

The CCHG token, which powers C+Charge, is set to act as a reliable means of making payments for charging. CCHG will help C+Charge’s users easily pay for charging their vehicles at all supported stations while providing access to automatic carbon credits.

CCHG is available on presale and has raised over $291,000 in less than two months. As the EC market evolves, this token should continue to see massive adoption.

Convex Finance (CVX)

One of the top names in the decentralized finance (DeFi) space, CVX makes an appearance on our list of the best altcoins to buy. The digital asset is the native token for Convex Finance – a DeFi platform that offers boosted staking rewards on the Curve Finance exchange.

Convex Finance operates on the ethereum blockchain and acts as a yield optimizer for Curve Finance liquidity providers and its CRV token holders.

CVX, the protocol’s native token, currently trades at $4.93. It is one of the best-performing coins, with a gain of 25.91% in the past 24 hours.

Calvaria (RIA)

Calvaria: Duels of Eternity is one of the most notable additions to the blockchain gaming space. Here, players are tasked with entering an afterlife-themed metaverse where they can purchase NFTs representing different characters.

In Calvaria, the goal is for players to create trading cards to form a deck and compete against other players for eRIA as a reward token.

The platform has a native token known as RIA. The digital asset will power most transactions in the gaming world, with players trading NFT with it. Players can also exchange RIA for eRIA, which they can use to cash their winnings.

RIA can also be staked to earn more tokens and participate in game governance through the Calvaria decentralized autonomous organization (DAO).

RIA is available on presale at the moment. The asset’s capital raise has reached $2.79 million, with only 9% of the presale supply remaining.

Cronos (CRO)

Cronos is one of the most popular exchange tokens in the world. The asset was developed by – a major exchange – to enhance consumer value and offer discounts on select services.

At press time, CRO trades at $0.08059. This marks a surge of 9.73% in the past 24 hours.

The market’s rise has helped CRO as a major exchange token. However, also recently announced another round of staff cuts, with 20% of employees set to be laid off. This move should help improve the exchange’s sustainability, thus putting it in a better position to weather any possible market rout.

Disclaimer: This is a paid release that was not written by Crypto Online News. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Crypto Online News. Crypto Online News does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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