Crypto markets are seeing strong capital inflows. Many investors are currently wondering: what are the best cryptocurrencies? What new cryptocurrencies have potential in 2021? In addition to Solana (SOL, here to our forecast), the following three altcoins in particular are currently experiencing massive growth: Fantom (FTM, here to our price forecast), Theta (THETA, here to our price forecast) and FTX Token (FTT).
Fantom sets new all-time high
Fantom (FTM) has already seen a strong rally yesterday (we reported, here is also our Fantom forecast). Since then, the scalable smart contract platform based on DAG (directed acyclic graph) has continued to rise: within the last 24 hours, Fantom has increased by 27% and even reached a new all-time high. That’s currently at $ 1.69. At the moment, FTM is slightly below $ 1.68 after a minimal correction. The cryptocurrency has not yet encountered resistance-experts therefore consider further gains likely in the short-term time frame.
Theta gains more than 35%
The cryptocurrency Theta (THETA) is also on a massive run after its breakout: more than 35%, the blockchain network specially developed for video streaming has shot up, as, for example, top trader SmartContracter writes to his more than 162,000 followers:
– Bluntz (@SmartContracter) September 6, 2021
Yesterday, THETA was still trading at $ 7.80, then the THETA bulls started the rise: first the streaming protocol rose to $ 8.50, then in a second attempt to 9.47. Today in the early morning hours finally managed to move to $ 9.68, the new local high.
However, THETA is still more than 41% below the previous all-time high of $ 15.90 set on April 16. If the return to the highs is successful, it could now be worthwhile to enter.
The third coin with enormous bull support at the moment is FTT, the token of the crypto exchange FTX. Also, FTT has just reached a new all-time high ($83.41). Since then, the FTX token has retreated almost 5%. FTT is now back at $ 79.41, up 14.33% over the past 24 hours.
The FTT all-time high follows the launch of an NFT marketplace on the crypto exchange FTX. Here, investors can now trade NFTs between Solana and Ethereum. The launch of the portal caused quite a stir after users submitted thousands of fish picture NFTs. This was possible due to the low fees. But they knew how to help themselves with FTX: the fee was first increased to 500 dollars, then lowered to 10 dollars. The first test NFT from FTX founder Sam Bankman-Fried was sold for a proud $ 270,000:
History being made
‘s 1/1 “test’ NFT has been sold for $270,000 USD https://t.co/R35DbNBEQa pic.twitter.com/0VYwOUQVrW
– FTX-Built By Traders, For Traders (@FTX_Official) September 7, 2021
The prospect of minting NFTs on a large exchange for little money is likely to have brought numerous new investors to FTX – and will continue to attract them in the future.
Last updated on September 7, 2021
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