Top Cryptocurrencies to Invest in Now March 13 – Optimism, Worldcoin, IOTA

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IOTA
IOTA

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The broader crypto market is experiencing a downtrend, with major tokens dipping in their 24-hour charts.  The global market cap is at $2.68 trillion, reflecting a 0.31% decline in the past day. Trading volume over the last 24 hours has dropped by 17.73% to $97.63 billion, indicating reduced short-term activity. Despite this downturn, many investors are capitalizing on lower prices, anticipating long-term gains as market conditions improve. 

Amid these shifts, certain assets are drawing increased interest. This article analyzes tokens with resilience and growth potential, making them notable contenders among the top cryptocurrencies to invest in now. Each of these tokens brings unique value to the market, positioning them as potential opportunities for investors looking beyond short-term fluctuations.

Top Cryptocurrencies to Invest in Now

The TON token is valued at $2.69, marking a 2.76% rise in the past 24 hours. Solaxy has secured over $26 million in funding, with early investors acquiring SOLX tokens at $0.001662 before a planned price adjustment. Meanwhile, IOTA is undergoing a significant transformation with its “IOTA Rebased” initiative, signaling a departure from its original IOTA 2.0 roadmap.

1. Toncoin (TON)

Toncoin (TON) is the native cryptocurrency of The Open Network, a decentralized layer-1 blockchain. Designed for efficiency, it uses a multi-blockchain structure with dynamic sharding, allowing different chains to communicate instantly. This setup helps the network scale while maintaining speed and security. The project focuses on making blockchain technology more accessible by integrating with messaging apps and offering user-friendly services.  

Meanwhile, the TON token is priced at $2.69, reflecting a 2.76% increase in the last 24 hours. It has traded between $2.62 and $2.78 during this period. The 24-hour volume-to-market cap ratio stands at 0.0423, suggesting moderate liquidity. 

TON Price Chart

The token is performing well relative to its historical trends, trading 31.24% above its 200-day simple moving average (SMA) of $2.03. This indicates a generally positive long-term trend.  

Furthermore, Toncoin’s Relative Strength Index (RSI) is 47.69, meaning it is neither overbought nor oversold. This suggests the price may remain stable in the short term, with no strong signals for significant movement in either direction. The network has a negative yearly inflation rate of 28.60%, which could influence its supply dynamics over time. 

2. Optimism (OP)

The OP token trades at $0.85, reflecting a 1.80% increase over the last 24 hours. Over the past month, it has experienced 15 positive trading days, indicating a mixed performance. The token is trading near its cycle high, and its 24-hour trading volume relative to market cap is 0.1830, suggesting a reasonable level of liquidity.

The 14-day Relative Strength Index (RSI) is 48.63, signaling neutral momentum. This suggests the price may continue moving sideways rather than making significant gains or losses in the short term. Volatility over 30 days remains low at 9%, indicating a stable price movement compared to more volatile assets. Furthermore, market experts estimate a potential price increase of 224.33%, with the OP token reaching $2.76 by April. 

OP Price Chart

Meanwhile, Optimism (OP) is a layer-two blockchain built on Ethereum, designed to improve scalability while maintaining Ethereum’s security. It achieves this using optimistic rollups, which process transactions on Optimism before finalizing them on Ethereum. This approach reduces congestion and lowers transaction costs.

3. Solaxy (SOLX)

Solaxy (SOLX) is a new blockchain project that aims to create the first Layer-2 network for Solana. It seeks to improve Solana’s scalability by reducing congestion, increasing transaction speeds, and enhancing overall network reliability. The project is still in its presale phase, raising over $26 million, with early investors able to purchase SOLX tokens at $0.001662 before the price increases.  

A key feature of Solaxy is its staking program, which offers a 157% annual percentage yield (APY). However, this rate is expected to decrease as more tokens enter the staking pool. The platform has already seen over 7 billion SOLX tokens staked, indicating early interest from investors.  

SOLX Tweet

Solaxy also focuses on developer support by offering tools for building decentralized applications (dApps). This could help decentralized finance (DeFi) projects, NFT marketplaces, and blockchain gaming, often require efficient infrastructure. By providing more flexibility, Solaxy aims to address the limitations that developers currently face on Solana.  

Another notable feature of SOLX is its effort to improve interoperability between Solana and Ethereum. This would allow users to conduct transactions between both networks smoothly if successful. This could provide access to Ethereum’s broader ecosystem while benefiting from Solana’s speed and lower costs. 

Visit Solaxy Presale

4. IOTA (IOTA)

IOTA is undergoing a significant shift with its “IOTA Rebased” initiative, moving away from its original IOTA 2.0 plans. Instead of developing a new consensus mechanism, the project will integrate existing distributed ledger technology (DLT). 

One key change is adopting the Move Virtual Machine (VM), replacing its previous transaction model with an object-based ledger. This adjustment aims to improve developers’ programmability and flexibility.  

IOTA Price Chart

This major update includes a new tokenomics model featuring staking rewards, low fees, and the ability to sponsor transactions. The network will operate on a fully decentralized, Delegated Proof-of-Stake system, allowing token holders to participate in securing it. 

Furthermore, a public testnet and essential tools like a browser wallet extension, an explorer, software development kits (SDKs), and updated documentation have been launched.  

IOTA’s price is currently $0.178145, with a market cap of $653.73 million. Its 24-hour trading volume is $39.92 million, indicating strong liquidity relative to its market cap. The Relative Strength Index (RSI) at 56.08 suggests neutral market conditions. Price volatility is low, with a 30-day rate of 9%.  

IOTA’s core technology is built on the “Tangle,” a directed acyclic graph (DAG) that differs from traditional blockchains. It enables secure and direct transactions without requiring miners. The project’s shift to IOTA Rebased suggests a strategic pivot toward integrating tested technologies rather than continuing independent development, potentially improving efficiency and adoption.

5. Worldcoin (WLD)

World Network introduces a digital identity and financial system designed to be globally inclusive. It combines World ID, a privacy-focused identity verification system, with WLD tokens. Verification happens through biometric scans using Orbs, specialized devices that confirm a user is uniquely human. 

The project aims to address concerns about AI impersonation and identity fraud while promoting fair digital participation. It also explores applications like universal basic income. As of 2024, World Network has expanded its verification methods and security features. The system ensures privacy while proving individual uniqueness, balancing identity protection with accessibility. 

WLD Price Chart

Worldcoin’s price today is $0.823, with a 24-hour trading volume of $311.28 million and a market cap of $893.89 million. Its price increased by 1.05% in the last 24 hours, reaching a high of $0.8419. The market dominance stands at 0.03%. Liquidity appears stable, with a 24-hour volume-to-market cap ratio of 0.3481.

The 14-day Relative Strength Index (RSI) is 58.18, suggesting neutral market conditions. This indicates that the price may move sideways in the short term. Current predictions suggest WLD could rise by 225.60%, reaching $2.68 by next month. 

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