{"id":537714,"date":"2024-06-19T12:37:59","date_gmt":"2024-06-19T12:37:59","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=537714"},"modified":"2024-06-19T12:37:59","modified_gmt":"2024-06-19T12:37:59","slug":"best-cryptocurrencies-to-invest-in-right-now-june-19-arweave-akash-network-uniswap","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/best-cryptocurrencies-to-invest-in-right-now-june-19-arweave-akash-network-uniswap","title":{"rendered":"Best Cryptocurrencies to Invest in Right Now June 19 – Arweave, Akash Network, Uniswap"},"content":{"rendered":"

Explore the <\/span>best cryptocurrencies to invest in<\/span><\/a> now, highlighting strong potential and market performance in today’s market.<\/span><\/p>\n

The crypto market has experienced fluctuations and is currently showing a neutral outlook. Following the release of U.S. CPI data and the FOMC meeting last week, Bitcoin displayed positive movements, influencing the broader market. Meanwhile, certain altcoins, including Arweave, Akash Network, and Uniswap, have all gained momentum recently. These altcoins have garnered attention for their relevance and have exhibited significant volatility in their respective portfolios.<\/span><\/p>\n

Best Cryptocurrencies to Invest in Right Now<\/b><\/h2>\n

Ondo Finance has partnered with Drift Protocol to integrate Real-World Assets (RWAs) into the Solana DeFi ecosystem. Also, Arweave recently launched the AO Computer, a system designed for scalability through the parallel processing of tasks. Meanwhile, UNI continues to demonstrate a strong market presence and positive trajectory. <\/span><\/p>\n

1. Ondo (ONDO)<\/b><\/h3>\n

Ondo Finance recently announced its partnership with Drift Protocol, a decentralized trading platform on Solana. This collaboration aims to introduce Real-World Assets (RWAs) into the Solana decentralized finance (DeFi) ecosystem. With this partnership, USDY, a stablecoin, can be used as collateral on Drift’s marketplace. <\/span><\/p>\n

This integration allows Drift users to engage in margin trading and borrowing using USDY, which could enhance trading volume and liquidity on the platform. Additionally, it may pave the way for more RWA-based tokens to be used as collateral in DeFi, offering traders greater variety and reliability.<\/span><\/p>\n

\"ONDO<\/p>\n

The announcement by Ondo Finance was made via an X post on June 18, marking a milestone in the DeFi space. For the first time, yieldcoins will be accepted as collateral on a platform focusing on perpetual contracts.<\/span><\/p>\n

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MANTRA's $USDY<\/a> Vault, which the Ondo Foundation and MANTRA have incentivized with $ONDO<\/a> and mainnet $OM<\/a>, is now live!<\/p>\n

(NOTE: USDY is not, and may not be, offered, sold or otherwise made available in the US or to US persons. USDY also has not been registered under the US… https:\/\/t.co\/GKKI1zidxo<\/a><\/p>\n

— Ondo Foundation (@OndoFoundation) June 18, 2024<\/a><\/p><\/blockquote>\n