{"id":520114,"date":"2024-05-13T05:03:24","date_gmt":"2024-05-13T05:03:24","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=520114"},"modified":"2024-05-13T05:03:24","modified_gmt":"2024-05-13T05:03:24","slug":"6-best-altcoins-to-invest-in-now-may-12-aioz-network-lido-dao-thorchain","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/6-best-altcoins-to-invest-in-now-may-12-aioz-network-lido-dao-thorchain","title":{"rendered":"6 Best Altcoins to Invest in Now May 12 – AIOZ Network, Lido DAO, THORChain"},"content":{"rendered":"

In recent developments within the cryptocurrency sector, the anticipated growth post-halving has not unfolded as projected. This has led to a turbulent market phase. Furthermore, this period of downturn persisted until a recent decision by the Federal Reserve, which sparked a slight activity in the market. <\/span><\/p>\n

Meanwhile, Bitcoin price drops to $60,934.11 as the <\/span>Federal Reserve<\/span><\/a> evaluates strategies against persistent inflation in the United States. Attention has now pivoted towards significant altcoins such as AIOZ, Lido DAO, Tellor, Catwifhat, and THORChain, each showing varied performances as the new trading day commences. <\/span><\/p>\n

6 Best Altcoin to Invest in Now <\/b><\/h2>\n

The cryptocurrency market is showing mixed signals. While some altcoins are experiencing gains, others face trading downturns. Therefore, investors are advised to closely watch market trends and trading volumes to make informed decisions.<\/span><\/p>\n

Catwifhat, a new meme coin operating on the Solana blockchain, has exploded by 278% in the last seven days. A markedly lower market cap than Dogwifhat indicates that $CWIF could experience more significant price surges when the meme coin bull run resumes.<\/span><\/p>\n

1. AIOZ Network (AIO)<\/b><\/h3>\n

AIOZ Network is a decentralized infrastructure project for digital media streaming and storage via web3 AI technologies. By rewarding users who share computational resources, AIOZ enables storage and transcoding. It also enables the streaming of digital media while supporting decentralized AI computation.<\/span><\/p>\n

Its decentralized content delivery system facilitates AI computation, data storage, and media\/video streaming across decentralized applications (dApps) within the network. AIOZ Network also supports dApp integration and smart contract languages compatible with blockchain networks such as Ethereum (ETH) and Cosmos (ATOM).<\/span><\/p>\n

\"AIOZ<\/p>\n

The AIOZ Network’s token has seen a significant surge in market value, climbing over 14% in the last 24 hours to trade at approximately $0.7859. This price also indicates a year-to-date uptick of 4700%. The token briefly surpassed the $0.90 mark the previous week, and market capitalization crossed the $920 million threshold; the AIOZ Network token rose 17% after the Bithumb listing announcement. <\/span><\/p>\n

The uptick in AIOZ’s market activity is linked to a recent announcement by Korea’s leading exchange, Bithumb, which has added AIOZ to its listing. Bithumb will allow deposits and withdrawals for AIOZ. The AIOZ Network team has also announced a recent integration with Ethena.<\/span><\/p>\n

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📢 Eternal AI is now integrated with AIOZ #W3S<\/a> for the decentralized storage of their #AI<\/a> models, powered by 120K+ AIOZ #DePIN<\/a> nodes!@CryptoEternalAI<\/a> is the first #Bitcoin<\/a> L2 designed for decentralized AI, enabling anyone to create and power decentralized AI. 🚀<\/p>\n

The… pic.twitter.com\/pzOMSvIg1n<\/a><\/p>\n

— AIOZ Network (@AIOZNetwork) May 10, 2024<\/a><\/p><\/blockquote>\n