{"id":539199,"date":"2024-06-23T17:49:29","date_gmt":"2024-06-23T17:49:29","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=539199"},"modified":"2024-06-23T17:49:29","modified_gmt":"2024-06-23T17:49:29","slug":"7-best-altcoins-to-buy-now-june-23-layerzero-cronos-zksync-cosmos","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/7-best-altcoins-to-buy-now-june-23-layerzero-cronos-zksync-cosmos","title":{"rendered":"7 Best Altcoins to Buy Now June 23 – LayerZero, Cronos, zkSync, Cosmos"},"content":{"rendered":"

Altcoins are experiencing massive market profits, with several tokens exhibiting the possibility of exploding by 1000 times. The uptick is occurring as the wider crypto market sees a rally catalyzed by favorable macroeconomic conditions. This situation provides an opportunity to capitalize on the dip preceding the Altcoin Season.<\/span><\/p>\n

Meanwhile, Numerous promising low-priced cryptocurrencies afford investors an affordable entry point into the market. Consequently, Insidebitcoins has compiled a list of the top five tokens that align with this description. We will explore the factors driving the positive movement of these altcoins and why they are some of the best tokens to consider today. <\/span><\/p>\n

7 Best Altcoin to Buy Now <\/b><\/h2>\n

Based on historical data from<\/span> past bull cycles<\/span><\/a>, it has been observed that the Ethereum rally usually precedes significant growth in other altcoins. However, the current performance of the crypto market diverges from popular predictions. This observation has many analysts wondering why funds from the Ether ETF spot approval have not shifted into other altcoins.<\/span><\/p>\n

Considering recent market trends, it’s crucial to reassess our predictions. We are analyzing the performance of several altcoins worth considering. Our primary objective is to identify and provide details about potential investment opportunities.<\/span><\/p>\n

1. zkSync (ZK)<\/b><\/h3>\n

zkSync is an innovative protocol that was launched less than two weeks ago. The project was designed as a unique Layer-2 solution to address the inefficiencies of the Ethereum blockchain. It does this by improving Ethereum’s efficiency by reducing transaction fees and speeding up processing times. <\/span><\/p>\n

Furthermore, zkSync’s developers have ensured that the project distinguishes itself from similar Ethereum Layer-2 solutions. The lead developer announced on the official Twitter handle that existing Ethereum solutions provide fast and affordable transaction speed, but they come at the expense of security. To maintain strong security, zkSync leverages the powerful ZK Rollups technology.<\/span><\/p>\n

\"zkSync<\/p>\n

Meanwhile, the project recently gained attention by launching its ZK token and outlining a detailed tokenomics plan. Of the 21 billion $ZK tokens, 17.5% have been set aside for an airdrop to network users. This strategic allocation is intended to foster community engagement and market visibility. <\/span><\/p>\n

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(1\/2) The network is currently under high load. Some RPC services may experience degraded performance.<\/p>\n

Teams are working to increase RPC capacities.<\/p>\n

Stay tuned for updates.<\/p>\n

— ZKsync (∎, ∆) (@zksync) June 17, 2024<\/a><\/p><\/blockquote>\n