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Discover the top cryptocurrency investment options and gain insights into their recent market trends and potential for profitability.
The global cryptocurrency market cap has reached $2.36 trillion, marking a 2.12% intraday increase. This surge in trading activity signifies heightened investor interest and engagement in the crypto market. Additionally, decentralized finance (DeFi) protocols have observed an uptick, accounting for $5.98 billion, constituting 9.26% of the total crypto market’s 24-hour volume. This recent market volume surge reflects investors’ growing inclination toward altcoins. As a result, Insidebitcoins has compiled a list of tokens that are expected to see substantial growth potential.
Top Crypto to Invest in Right Now
dogwifhat is currently valued at approximately $2.75, exhibiting a slight uptick of 1.25% over the past week. Meanwhile, MX is trading significantly above its 200-day Simple Moving Average (SMA) at $2.82, marking an impressive 87.89% increase, indicating robust market performance. FET is priced at $2.33, experiencing an intraday surge of 8.19% and a substantial trading volume of $1.9 billion.
1. dogwifhat (WIF)
According to CoinMarketCap, dogwifhat is currently priced around $2.75 and has seen a modest increase of 1.25% in the past week. The token also experienced an increase of 13.56 in the last 30 days. This uptick in value coincides with growing interest from investors and traders in the crypto market.
Moreover, the token has high liquidity, reflected in its market capitalization. This indicates that a substantial amount of WIF is available for trading, facilitating transactions without significantly impacting its price.
$WIF Coinbase https://t.co/qt4Tc63CY6 pic.twitter.com/aIv0VTnImD
— dogwifcoin (@dogwifcoin) April 18, 2024
Moreover, Coinbase International recently announced the upcoming listing of WIF perpetual futures, slated to go live on April 25. This move is expected to bolster liquidity and introduce more trading opportunities for the WifDoge token. Overall, dogwifhat’s recent price movement and increased market attention suggest a growing interest in the cryptocurrency, with potential for further developments soon.
2. MX TOKEN (MX)
MX Token operates as the backbone of the MEXC ecosystem, granting holders various privileges within the platform. These include voting rights on business matters, team elections, and priority access to platform activities.
Despite recent market downturns, MX Token has demonstrated resilience, with its value increasing by 40.02% over the past 30 days. It climbed from $4.08 to $5.78 before settling at $5.27 at the time of writing. Moreover, MX witnessed an impressive 128% price surge last year, outpacing 65% of the top 100 crypto assets.
Furthermore, market sentiment toward MX is currently bullish, with the Fear & Greed Index indicating a score of 66 (Greed). Additionally, MX is trading 87.89% above its 200-day Simple Moving Average (SMA) of $2.82, signaling strong market performance.
Registration for #MEXC April Futures Competition is now open! 🔥
Complete daily challenges to win bonuses worth 8 million $USDT! 🚀
Join Now 🔽 https://t.co/Yp19xbhyqd pic.twitter.com/MffGPDLyO1
— MEXC (@MEXC_Official) April 11, 2024
Notably, MX Token has experienced 20 positive trading days out of the last 30, indicating a favorable trend in recent market activity. Based on its market capitalization, the token exhibits high liquidity and is currently trading near its cycle high. These factors contribute to its attractiveness as an investment option in the crypto market.
3. Threshold (T)
Threshold is a groundbreaking integration of the Keep and NuCypher communities, forming the first-ever on-chain union of their networks. This collaboration aims to empower user sovereignty on the blockchain through a suite of threshold cryptography services offered by Threshold.
Furthermore, introducing thUSD (Threshold USD) to the Threshold ecosystem has generated notable bullish sentiment around T. This prompted a 4.77% increase in its price over the last 24 hours. Currently, T is trading at $0.03595, exhibiting a trend of trading above the 200-day simple moving average.
Examining its recent performance, T has seen 15 green days out of the last 30, indicating a 50% positive momentum within the past month. Moreover, the coin boasts high liquidity based on its market capitalization. The sentiment for price prediction is currently optimistic, while the Fear & Greed Index registers at 66, indicating a state of greed.
We are thrilled that tBTC will be the backbone of the first Bitcoin Economic Layer. 🫡
Want an early invite code? Check this out: https://t.co/QwUvDpAeqG
— Threshold Network ✜ (@TheTNetwork) April 17, 2024
In summary, Threshold presents an innovative approach to blockchain integration, aiming to enhance user control and security through threshold cryptography solutions. The introduction of thUSD has further bolstered its position, reflected in its recent price uptrend and favorable trading metrics.
4. 99Bitcoins (99BTC)
The 99Bitcoins Token is a notable player in the cryptocurrency space. Its distinctive focus on education and incentivizing learning makes its current valuation of $0.00101 per token an affordable entry point for potential investors. The project aims to foster a community of investors by leveraging educational initiatives and rewards mechanisms.
Join our $99,999 $BTC #Airdrop! 🌟
Increase your chances of winning by completing more tasks—each one earns you additional entries.
Be one of the 99 lucky winners! 🚀
Get started! https://t.co/ZXji0s6ACe#BTCAirdrop #CryptoGiveaway pic.twitter.com/GzBkfTFNPF
— 99Bitcoins (@99BitcoinsHQ) April 20, 2024
Since its inception, 99Bitcoins has garnered significant attention, evidenced by its rapid fundraising of over $400K shortly after launch. This traction highlights the project’s appeal within the crypto community.
Moreover, 99Bitcoins Token has initiated an airdrop campaign to engage its community. The campaign offers participants opportunities to win free Bitcoin, totaling $99K. Participation in the campaign involves simple tasks like following the project’s social media channels.
The token’s presale is structured into multiple stages, each tier marked by an incremental increase in token price. Furthermore, the 99BTC staged approach offers early investors the advantage of securing tokens at lower prices, with the final stage expected to see the price rise to $0.00113 per token. The project aims to raise nearly $11 million through this presale strategy.
5. Fetch.ai (FET)
Recently, tokenholders of Fetch.ai, SingularityNet, and Ocean protocols have voted in favor of a merger worth $7.5 billion. This merger aims to establish an Artificial Superintelligence Alliance (ASI) project, slated to launch on May 24. As part of this merger, Fetch.AI’s token (FET) will transition into the ASI token, with a total supply of 2.6 billion.
Similarly, SingularityNet and Ocean tokens will convert to ASI at a ratio of approximately 0.43:1. This will result in a combined value of $7.5 billion for ASI tokens post-merger.
Furthermore, the ASI project plans to bolster its GPU infrastructure to support its commercial, computing, and data initiatives. Also, Fetch.ai initiated a $100 million investment last month to deploy Nvidia H200, H100, and A100 GPUs, creating a platform for developers and users to harness computing power.
Fetch.ai is a decentralized machine-learning platform that aims to facilitate the development and deployment of AI-powered services. Currently trading at $2.33, the token has seen an intraday increase of 8.19%, with a trading volume valued at $1.9 billion.
Revolutionizing DApps with #DecentralizedAI! 🌐🔗
Building on our existing partnership with @Ankr, 2024 opens up new collaborative avenues as the #GPU market becomes more important for #Web3 & our AI Agent tech matures 🤖
Discover the details 👇https://t.co/9vRN3DjhH0 pic.twitter.com/neyVnoeOVe
— Fetch.ai (@Fetch_ai) April 17, 2024
In addition, Fetch.ai’s price prediction sentiment remains neutral, while the Fear & Greed Index indicates a sentiment of greed at 66. Last year, Fetch.AI demonstrated significant growth, outperforming 90% of the top 100 crypto assets with a price increase of 542%. Notably, it is trading near its cycle high, displaying high liquidity based on its market cap.
It also maintains a positive performance compared to its token sale price. Additionally, it is trading above its 200-day simple moving average, further solidifying its positive performance trajectory.
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