Best Altcoins to Buy as Ethereum Price Dwindles Around $4.2K

As a result, traders may wish to check out other high-upside opportunities beyond the market’s second-largest crypto.

The best altcoins to buy right now stand out for their robust utility.

Ethereum RSI Points to Stable Price Action

Ethereum’s weekly Relative Strength Index (RSI) is currently 60.11, which means the crypto’s price is holding relatively steady.

Source: TradingView

Typically, on the RSI, anything above 70 is considered overbought, whereas anything below 30 suggests oversold.

Suppose $ETH’s RSI climbs into the 65 – 70 range, it would signal renewed bullish momentum, possibly bringing it back to $4.5K.

On the flip side, if it drops below 50, it would confirm weakening market strength.

Still, it’s not all doom and gloom for Ethereum. Exchange data reveals that $ETH has witnessed sustained outflows from centralized exchanges, with nearly 2M $ETH leaving the trading platforms in recent weeks.

Source: Glassnode

Such heavy withdrawals often indicate that investors are moving coins into self-custody or staking. In turn, it reduces immediate selling pressure and tightens the available supply.

Historically, these kinds of outflows have preceded upward price moves. But until we have the bigger picture, it might be a great time to check out altcoin alternatives, like Bitcoin Hyper ($HYPER), Story ($IP), and Maxi Doge ($MAXI).

Bitcoin Hyper ($HYPER) – Powers a Novel L2 Designed to Make Bitcoin Faster & Cheaper

$HYPER is the core token behind Bitcoin Hyper, a Layer 2 (L2) solution designed to tackle Bitcoin’s long-standing scalability and usability woes.

Set to launch this quarter, it’ll integrate a Canonical Bridge and the Solana Virtual Machine (SVM). In doing so, it’ll deliver faster transaction settlements with low fees, plus smart contract functionality.

Source: Bitcoin Hyper

By adopting the SVM, the L2 could lift Bitcoin’s throughput, which currently averages at 9.61 transactions per second (tps), to Solana-level speeds at around 846 tps.

Meanwhile, batching transactions off-chain via the bridge should keep down gas fees and minimize volatility during peak demand.

Right now, Bitcoin’s transaction costs are $0.67 on average. However, they’re no stranger to sudden spikes; they often jump above $2 during periods of heavy congestion, as seen multiple times over the past few months.

Source: BitInfoCharts

To boost the L2’s growth, 30% of $HYPER is allocated for development to keep the network updated.

By purchasing $HYPER on presale for just $0.012955, you can also benefit from lower gas fees, governance rights, and staking rewards currently at a 66% APY.

The $HYPER presale has already raised over $16.5M. After going live on top exchanges, it might be the next crypto to 1,000x.

2. Story ($IP) – Affordable Entry Point Into the Booming Web3 IP Market

$IP is the native token of Story, a Layer 1 blockchain built to become the foundation of intellectual property (IP) on the internet.

It’s a useful platform for creators who want to easily register, license, and monetize their IP while ensuring transparency through blockchain tech. The reason is that it provides on-chain attribution, permissionless licensing, and automated royalty distribution

$IP has many roles within the project, including IP registration, transaction fees, licensing, governance, staking, and royalty distribution.

Since yesterday, it has spiked by approximately 7%, following news that the Story Foundation intends to purchase up to $7M of IPST common stock on the open market.

With over 53M $IP tokens in its treasury, the move highlights growing alignment between Story’s Web3 ecosystem and IP Strategy. Together, they offer mainstream investors exposure to the $80T IP economy.

Source: X (Story)

As the global IP market continues to grow, $IP has strong profit potential as adoption scales and its price continues to rise.

You can scoop up some $IP on various major exchanges – including MEXC and Bybit – for roughly $13.7.

3. Maxi Doge ($MAXI) – Meme Coin Turns to Gamified Tournaments & Futures Trading

Maxi Doge ($MAXI) is on a mission to become the next top dog in Web3. Inspired by $DOGE and $SHIB’s Shiba Inu facade, it aims to be bigger and better, as evidenced by its ripped muscles and degen branding.

Like $SHIB, it aims to evolve from being just a speculative meme coin into a utility-packed project. Instead of launching its own DEX and NFTs, however, it promises that it’ll gear up gamified tournaments and futures trading integrations.

Given that 15% of $MAXI’s total token supply is set aside for developments, it’s well-positioned to bring its videos to fruition.

But that’s not to say it completely bypasses meme culture. You only need to check out its branding featuring a flexing Shiba Inu holding a green candle to see that hype and humor are still a key part of the project’s ethos.

Source: Maxi Doge

In turn, it’s an excellent choice for investors who enjoy the explosive energy of meme culture and the sustainability of projects with real-world utility.

To join the hype, one $MAXI currently only costs a low $0.0002585.

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