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Crypto traders are constantly seeking the best cryptocurrencies to buy each day. In this post, we highlight some high-potential coins.
Amidst the search for promising altcoins that offer potential for substantial returns, several tokens have recently gained attention for their significant upticks in value.
InsideBitcoins offers a selection of tokens attracting investor interest due to developments and growth potential. Monitoring these altcoins closely could be beneficial, especially if market conditions continue improving.
Top Cryptocurrencies to Buy Now
These tokens are attractive investments for growth-seeking investors, supported by robust technical indicators and favorable market sentiment. Investors are advised to monitor these altcoins closely, as they could represent profitable opportunities in the volatile market.
Theta Network has launched the EdgeCloud Elite Booster feature in Edge Node v5.0.2. Concurrently, LayerZero has integrated Trident3’s peer-to-peer digital identity solution, T3id. Additionally, PEPU has successfully raised over $1.7 million, underscoring robust investor optimism towards its future growth.
1. Chainlink (LINK)
Chainlink is a pioneering network that enables the integration of off-chain data into smart contracts, enhancing their functionality. The platform has become a key player in the data processing field by connecting blockchain applications with real-world data. Its ability to attract numerous trusted data providers underscores its importance and reliability in the ecosystem.
The LINK token, one of the top ERC-20 tokens, has shown significant development activity recently. Currently valued at $14.39, it has experienced an intraday surge of 5.35% and weekly gains of 9.72%. Market sentiment remains neutral, with the Fear & Greed Index at 53, indicating a balanced outlook.
The Relative Strength Index (RSI) is nearing closure in the bullish zone above the neutral line, supporting the positive trend. A swift recovery is plausible, given Chainlink’s dominance in the Oracle space. The target price is set at $16.5, though broader market signals suggest slight bearishness.
Chainlink BUILD project @alaska_game has integrated #Chainlink CCIP on @BNBCHAIN and @0xPolygon.
How CCIP enables secure cross-chain CARAT transfers for Alaska Gold Rush ⬇️https://t.co/ByJXZLkKFM
— Chainlink (@chainlink) June 28, 2024
In addition, LINK’s high liquidity, based on its market cap, makes it a stable investment. The recent integration of Chainlink CCIP (Cross-Chain Interoperability Protocol) by Alaska Gold Rush is a significant development.
This integration allows secure cross-chain interoperability across the BNB Chain and Polygon mainnets. By leveraging CCIP’s arbitrary messaging functionality, Alaska Gold Rush can facilitate cross-chain transfers of its in-game token, CARAT, enabling its use across multiple chains.
2. Jupiter (JUP)
Jupiter recently gained traction among cryptocurrency traders due to its significant uptrend. In a recent address, Jupiter co-founder Meow discussed the potential relaunch of the Jupuary initiative, highlighting the importance of community-driven decision-making.
He emphasized that the community’s input will be crucial in determining Jupuary’s future direction. He mentioned that any future iteration of Jupuary would have a significantly different design, underlining the necessity for these changes.
Currently, Jupiter is experiencing a positive trend in its market performance. The price of JUP is $0.823, with a 24-hour trading volume of $76 million at press time. The token has risen by 2.79% in the past 24 hours and has seen a 16.74% increase over the past week. This upward trend in open interest suggests growing investor confidence and increased market activity around JUP.
We’ve upgraded Terminal to V3.
Terminal is an open-sourced, lite version of Jupiter.
Now live with Instant Routing, Smart Token Filtering, Ecosystem Token List support.
Users across Solana DeFi can enjoy similar features to our main UI, across our integrated partners. pic.twitter.com/3QQ8vqchxf
— Jupiter 🪐 (@JupiterExchange) June 28, 2024
As the crypto market prepares for a potential bull run, JUP’s innovative technology and active community make it a token worth watching. In addition, Jupiter has upgraded its Terminal to version 3. Terminal is an open-source, lite version of Jupiter.
It features Instant Routing, Smart Token Filtering, and Ecosystem Token List support. Users within the Solana DeFi space can now access features similar to Jupiter’s main user interface across integrated partners.
3. Pepe Unchained (PEPU)
Pepe Unchained aims to innovate the meme coin sector by merging Layer 2 blockchain technology with the popular Pepe meme. The project has raised over $1.7 million, indicating strong interest from investors who are optimistic about its future growth. Currently, the presale price is $0.0081939.
Built on the Ethereum Network, PEPU utilizes Layer 2 technology to facilitate faster and cheaper transactions. This makes it the first Pepe-themed token to offer such benefits. Additionally, the project includes a staking option, where early investors can earn an Annual Percentage Yield (APY) of 1122% by staking their tokens.
Furthermore, Pepe Unchained aims to go beyond the typical meme coin by changing how blockchain technology is perceived and used. It combines meme culture’s fun and viral nature with significant technological advancements.
We’ve hit $1.5M! 🎉💸
Pepe’s breaking chains and making gains with his new blockchain! 🐸🚀 pic.twitter.com/Ilbu8KOT9N
— Pepe Unchained (@pepe_unchained) June 30, 2024
This approach positions Pepe Unchained as a potential blockchain and token to consider buying now. By integrating meme culture with advanced blockchain features, the PEPU project seeks to redefine the role of blockchain technology in the digital age.
4. LayerZero (ZRO)
LayerZero is designed to facilitate seamless communication between different blockchain networks. As an “omnichain” solution, it enables lightweight message passing across various chains, ensuring reliable and guaranteed message delivery. The protocol’s key feature is its adjustable trustlessness, allowing for direct, trustless communication between blockchain networks.
Despite experiencing recent dips, LayerZero shows promising growth. The token, ZRO, fluctuated between $2.96 and $3.57, marking a notable 14.27% rise over the past day. Additionally, it recorded a 31.64% gain over the past week, reflecting a bullish market sentiment.
Meanwhile, LayerZero recently integrated with Trident3’s peer-to-peer digital identity solution, T3id. This collaboration allows users to identify themselves quickly across the over 70 blockchains connected through LayerZero’s infrastructure. T3id utilizes a non-fungible token (NFT), an unsellable and untransferable model uniquely tied to a specific wallet.
Users can employ the same identity across blockchains using a “lock and mint” model, which involves locking the original NFT in a smart contract and minting an equivalent in another network. Furthermore, LayerZero’s ability to enable direct, trustless communication between blockchains highlights its potential for growth and adoption in the blockchain ecosystem.
5. Theta Network (THETA)
Theta Network has recently introduced a new feature called EdgeCloud Elite Booster in Edge Node v5.0.2. This update allows users to earn TFUEL and partner TNT-20 tokens by performing GPU AI tasks. As a result, edge node earnings have seen a significant boost.
At the time of writing, Theta Network is changing hands at $1.575844, reflecting a 4.14% increase over the last 24 hours. Over the past year, the price has surged by 110%, outperforming 62% of the top 100 cryptocurrencies.
Moreover, the 14-day Relative Strength Index (RSI) is at 58.16, indicating that the token is currently neutral, suggesting it may trade sideways. Additionally, Theta is trading above its 200-day simple moving average, a positive sign for long-term investors.
We're proud to announce the launch of the EdgeCloud Elite Booster feature in Edge Node v5.0.2. W/ higher node earnings, new GPU AI tasks, and the 1st paying customers onboarding to EdgeCloud now, this new phase for Theta will be the most impactful yet!https://t.co/GKMIAJ9DoV pic.twitter.com/SE5UuZlRdH
— Theta Network (@Theta_Network) June 26, 2024
Furthermore, THETA has shown positive performance relative to its initial token sale price and exhibits high liquidity bolstered by its market capitalization. These factors contribute to its favorable standing in the crypto market.
In addition, the project’s recent developments and current market performance position it as a noteworthy asset in the cryptocurrency market. The introduction of the EdgeCloud Elite Booster and its solid technical indicators suggest a promising outlook for the THETA token.
Read More
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