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Investors’ temperament remains gloomy as the sentiment rating today falls to 50. To a large extent, the failure of crypto tokens to achieve their ATH price levels contributes to the declining motivation in the crypto market.
Bitcoin’s recent price fluctuation makes it hard to expect improved sentiment among investors. Regardless of the overall selling pressure in the market, some altcoins hold the prospect of future gains. Today’s post highlights the five best altcoins to invest in today.
Top Trending Cryptos on Solana Chain
The goal is to give investors an overview of the market and insight into the factors driving each token’s price performance. Moreover, the post also covers the DICE token’s presale offering. It touches on everything investors need to know about the project and the presale program.
1. Theta Network (THETA)
THETA is one of the first entertainment-focused cryptocurrencies to arrive on the market. Arguably, it pioneered the crypto media sector. However, the crypto market’s interest in AI technology made the Theta Network team reconstruct the project’s vision. Presently, Theta Network blends artificial intelligence tech with entertainment. This pivot has really improved the token’s performance and given it a more stable long-term prospect.
Today, the THETA token is valued at $1.3 and has a market cap of $1,304,111,317. According to CoinMarketCap, its billion-dollar market cap puts it on the list of the top 100 cryptocurrencies. Besides its thrilling price gains, another piece of data that reveals THETA’s increasing strength is the recent increase in trading volume. In the last 24 hours, an increase of over 89% in trading volume was recorded.
Theta Labs has been awarded U.S. Patent 12,056,730 for “Edge Computing Platform supported by Smart Contracts with Off-Chain Solution Verification”, a crucial element to training large scale AI models over decentralized networks. https://t.co/ZDQwhyOAlN pic.twitter.com/C5wUxdfn1J
— Theta Network (@Theta_Network) August 12, 2024
Generally, when crypto assets post impressive price data, it suggests increasing investors’ interest in the token. Interestingly, THETA is not the only asset in the AI sector with positive price trends. Artificial Superintelligence Alliance, FET, and RENDER tokens show similar results today. These are some of the leading projects in its category.
Consequently, crypto investors should pay attention to the trends in the AI sector, as the price actions of AI-related tokens show similar results. In the coming months, the sector will likely see a further surge in prices.
2. Ken (KEN)
Ken claims it holds the reputation as the first Doge to appear in the crypto world. While the claims appear thrilling for its narrative, it’s hard to defend. Nevertheless, the project’s growth has been quite remarkable.
The token’s valuation is over $ 1 million, and its trading volume at press time is $1.1 million. Ken will likely continue to rank as an attending token for several more days if it maintains its current fund influx.
Technically, Ken is one of the top gainers today. The tokens price chart shows a series of bullish candles with an intense push towards higher price levels. This implies that the token may record higher prices over the week.
Despite its bullish outlook, KEN has a few drawbacks that may affect its chance of sustaining its gains. First is its uncapped supply. The consequence is immense dilution in the future. Similarly, the project’s unknown devs raise questions regarding its sustainability. Ultimately, investors must take adequate precautions when deciding on the KEN token.
3. Mega Dice (DICE)
It’s eleven days until the next DICE token price increase, meaning investors who miss the current discount will likely buy at a higher price. The presale offering of the DICE token has raised over $1.7 million for a project that might become a game changer in the crypto casino sector.
One of the fastest-growing sectors is valued at millions of dollars. Thus, several projects are head-to-head for the top spot as it affords the chance to capitalize on the impending growth. Mega Dice’s years of experience in the casino world are among the factors that give it an edge over others. Therefore, investors who get on board early will likely see impressive returns in the long run.
The Mega Dice brand is a popular online casino service provider with thousands of users worldwide. The platform’s website features thousands of games across a range of sports. Its prominence in the industry has helped it achieve over $50 million monthly in wagered funds.
The team behind the Mega Dice brand recently launched, offering the token at a discounted price of $0.105266. Now that Mega Dice is coming to the crypto market, investors can join some of the best minds in the casino business.
The $DICE Season 3 Airdrop is LIVE – Claim Your Share of a $750,000 Prize Pool! 💰
Ready to get in on the action?
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— Mega Dice Casino (@megadice) August 14, 2024
All investors can still purchase the token at a discount. However, the token’s presale offering is inflationary, which means that prices will soon increase. The project’s presale website features a detailed guide to participating in and taking advantage of the presale program.
4. Beam (BEAM)
BEAM is the native cryptocurrency of the Beam network. It came into the limelight after it had a successful performance in the days of Blockchain-based gaming trends. However, the token endured a protracted period of downtrend after the attention shifted from the Metaverse to DeFi.
What’s interesting now is that the market has shifted its attention towards the GameFi sector. Hence, the crypto market can expect improved performance from tokens in the gaming category. BEAM leads the way today with an over 10% increase in price and impressive trading volume.
Likewise, the market cap of BEAM is gradually drawing closer to the billion-dollar mark thanks to its growing value. In the coming months, BEAM holders might see a substantial leap in the value of their holdings.
5. Aevo (AEVO)
Following a major weekly low in the early part of this week, the price of AEVO is now back in an upward rally. At the time of writing, AEVO had a cost of $0.3831, which is about 11% higher than yesterday’s price. Similarly, the token’s trading volume has increased progressively since the start of the rally.
Today, it recorded an intraday trading volume increase of about 20%. Should Aevo maintain its current price trend, it has a high chance of breaking out of the $0.4 resistance. This means that AEVO is likely to achieve $480 million to $500 million before the end of the quarter. It might take until the end of the year to reach such a target, but the token’s present price action suggests a positive outlook ahead.
New Pre-Launch Listing: $DOGS @realDogsHouse
Ahead of the highly-anticipated Dogs token launch, you can trade $DOGS on Aevo today.$DOGS has a maximum supply of 550,000,000,000
Trade $DOGS here: https://t.co/1A4qc593ia pic.twitter.com/kyt7F6Sr2a
— Aevo (@aevoxyz) August 21, 2024
The recent rollout of promising meme coins strengthens AEVO’s prospect for further upside. According to the project’s Twitter handle, investors can now trade assets like the BRETT and other trending cryptocurrencies. The platform also recently offered a pre-launch listing of the DOG token, which is likely the catalyst for the current price rally. Overall, investors looking to take advantage of the AEVO uptrend should take time to research the project further for potential opportunities.
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