Top Cryptocurrencies to Invest in on June 13 – SUI, UNI, WSM, MASK, AIDOGE

The current cryptocurrency market is immensely volatile and is being weighed down by regulatory issues. But that doesn’t mean people aren’t interested in crypto assets. Here is the list of top cryptocurrencies to invest in today.

Sui (SUI)

The first on our list is Sui, a unique Layer-1 blockchain platform that is built on Sui Move. This programming language is object-centric and facilitates parallel transaction execution, horizontal scalability, sub-second finality, and on-chain storage, among other things. It is a smart contract platform that does not need any permission or validation. Thus, this will enable quick digital asset ownership and ensure that it is secure and accessible to everyone.

The Sui platform does not require any consensus but instead uses low latency for simpler transactions such as payment and assets transfer, etc. This is an unprecedented move in the blockchain world and thus opens a gateway for latency-sensitive distributed applications, which will have increasing utility in the future.

The native token of Sui is called SUI. It can be used to pay for gas and storage funds. Users can also use SUI tokens for staking with validators and may earn rewards from them. The current market capitalization of SUI stands at around $430 million, with a circulating supply of $604 million SUI tokens.

Uniswap (UNI)

Uniswap is a well-known decentralized trading protocol in the crypto space. It was first launched in the year 2018 but has grown into a household name because of the increase in demand for DeFi protocols which enable automated trading.

Uniswap offers solutions to the challenges which were present in former decentralized exchanges. The protocol aims to provide liquidity for the DeFi space with increased efficiency. It enables automated trading and thus limits the trading risks and costs generally involved. This mechanism also forgoes the identity requirement, thus making it all accessible to anyone who has tokens with them.

UNI is the governance token of the Uniswap protocol, which was first introduced in the year 2020. UNI token holders will have shared community ownership in the growth of the protocol and will have governing rights in matters related to it.

Wall Street Memes ($WSM)

Wall Street Memes was met with the same enthusiasm and support as its predecessors Dogecoin, Shiba Inu, and Pepe. But while these former meme coins experienced a major fall recently, Wall Street Memes’s presale was a hit.

Wall Street Memes is described by its developers as a token that could create wealth. The project is guided by the motto that ‘greed is good’. This token is a homage to Reddit-inspired victory over 2019’s GameStop misconduct, and thus it is garnering support from those who want to fight Wall Street money-making monstrosities.

The story behind the launch of this project lent an emotional touch to it, where people want to join forces and fight the giants who exploit the common people. Thus, the project has garnered strong community support, which is evident by its social media following, which has grown to one million in such a short period. The project’s tokenomics has also caught investors’ attention and interest.

$WSM is the native token of this project, which is up for presale now. Around $500 million tokens will be up for sale during the presale, which will be split into 30 stages. Right now, 1 $WSM is equal to $0.0286.

Mask Network (MASK)

The Web 2.0 internet that we use today is dominated by technology giants, which pretty much dictates how the user interacts and behaves online. If the users do not comply with the rules laid down by these giants, then they face the risk of Internet extinction.

In addition to this, there are several limitations to Web 2.0, such as users do not have complete ownership of their content, cross-border payment being complex, secure encryption is not available, etc. Thus, tech giants take advantage of these loopholes and earn by using users’ data.

Mask Network aims to solve some of these issues. It acts as a bridge that enables users to get entry into the world of Web 3.0 through the Mask Network. This network connects Web 2.0 and Web 3.0 thus allowing users to enjoy the best of Web 2 coupled with the increased security and autonomy of Web 3.

MASK is both the native utility and governance token of Mask Network and MaskDAO. Each token is equal to one vote in matters related to DAO.

AiDoge ($AI)

The AiDoge project aims to use artificial intelligence to create memes. The idea behind this is supported by the belief that memes are a great way to communicate and share news, updates, information, and content in the cryptocurrency space.

The mechanism behind this project is somewhat similar to how ChatGPT works. The platform gives user-specific inputs. Users will give information and data to it, and it will use AI to create relevant and timely memes. AiDoge wants to create and use memes to increase user communication and engagement in this space.

$AI, which has a standard of ERC-20, is the native utility and governance token of the $AI ecosystem. Thus, it can be used to buy credits, receive rewards and incentives for staking, and exercise voting rights on AiDoge DAO.

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