{"id":544158,"date":"2024-07-06T20:25:59","date_gmt":"2024-07-06T20:25:59","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=544158"},"modified":"2024-07-06T20:25:59","modified_gmt":"2024-07-06T20:25:59","slug":"6-best-altcoins-to-invest-in-today-july-6-xrp-immutable-x-cardano-render","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/6-best-altcoins-to-invest-in-today-july-6-xrp-immutable-x-cardano-render","title":{"rendered":"6 Best Altcoins To Invest In Today July 6 – XRP, Immutable X, Cardano, Render"},"content":{"rendered":"

The volatile world of cryptocurrency has left several investors burned, leaving them only to look on as their hard-earned money evaporates in unexpected market events. Many are currently experiencing the gut-wrenching sensation of seeing their portfolio take a massive plunge this week. <\/span>This has left newbies wondering if crypto is nothing more than a high-risk gambling.<\/span><\/p>\n

However, few investors are thinking of how to profitably invest in altcoins when the market seems to change without warning. <\/span>To answer this, our team of experts at Insidebitcoins has compiled a list of 6<\/span> best altcoins to invest in today<\/a> that could help investors and traders identify tokens that will yield high returns on investment. We have also detailed two presale tokens that could offer early investors over 100x profit upon launch. <\/span><\/p>\n

6 Best Altcoins To Invest In Today<\/b><\/h2>\n

As it turns out, XRP, Immutable X, Cardano, and Render are some of the few tokens that could multiply investors’ portfolios 10-fold. Despite a general bearish market, they have all posted significant gains between 3% and 10%. This article analyses tokens and the factors driving their positive performances.<\/span><\/p>\n

While the token mentioned above may have more potential in the long term, investors can capitalize on<\/span> Base Dawgz’s<\/span><\/a> short and long-term prospects. The unique viral presale token has formally launched its staking campaign, signifying that token holders can start earning immediately. Also,<\/span> PlayDoge’s<\/span><\/a> presale performance has been nothing short of impressive, with popular YouTube crypto analyst Jacob Bury emphasizing its potential for over 100x gains upon launch.<\/span><\/p>\n

1. XRP (XRP)<\/b><\/h2>\n

In the latest development of the legal dispute between the SEC and Ripple Labs, the SEC submitted its final rebuttal. However, the claims were countered, spreading a ripple of confidence among investors. Despite the SEC arguing that Ripple’s actions were marked by recklessness, the court dismissed Ripple’s “fair notice” defense. The court is tilting towards XRP’s defense that it cannot be classified as a security.<\/span><\/p>\n

Following the court’s body language in the Ripple lawsuit, the XRP token saw a remarkable surge from $0.618 to $0.631, marking a 2.10% increase. Aided by this price hike and XRP’s growing adoption, analysts are confident that the altcoin will surpass $0.88 by August.<\/span><\/p>\n

\"XRP<\/p>\n

At the time of writing, the current price of XRP is $0.4319, reflecting a 7.34% increase over the past 24 hours. The 1-day Relative Strength Index (RSI) has zoomed to 52.70, suggesting that XRP is leaving the oversold zone. This signal implies that it has triggered a price rebound. <\/span><\/p>\n

Meanwhile, The immediate resistance level is approximately $0.4100, slightly above the current price. If the price surpasses this level, the next resistance is expected near the recent highs of $0.4500. This resistance level is crucial as it represents a point where the price previously encountered difficulty advancing further.<\/span><\/p>\n

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Our new \"Try It\" feature in the Ripple Payments API documentation lets developers test API requests in real-time without logging in or using real funds. Available now as a lightweight testing tool, customers can “try it before they buy it”!<\/p>\n

Learn more: https:\/\/t.co\/rRjynYhuix<\/a><\/p>\n

— Ripple (@Ripple) July 3, 2024<\/a><\/p><\/blockquote>\n