{"id":550287,"date":"2024-07-13T05:45:51","date_gmt":"2024-07-13T05:45:51","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=550287"},"modified":"2024-07-13T05:45:51","modified_gmt":"2024-07-13T05:45:51","slug":"6-best-altcoins-to-invest-in-now-maker-constitutiondao-telcoin-kaspa","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/6-best-altcoins-to-invest-in-now-maker-constitutiondao-telcoin-kaspa","title":{"rendered":"6 Best Altcoins to Invest In Now – Maker, ConstitutionDAO, Telcoin, Kaspa"},"content":{"rendered":"

Our spotlight is on the best altcoins to invest in, but first, let us look at the prevalent sentiment surrounding Bitcoin. The token has failed to maintain a current projected position above $60,00 by the first week of July to trade at around the $57,473 mark<\/span>. Its recent volatility has plunged the general crypto market into a correction phase.<\/span><\/p>\n

With the recent turn of events, choosing the right altcoins to invest in is difficult. Investors are constantly searching for the <\/span>best altcoins to invest in now.<\/b><\/a> This analysis aims to streamline this exploration by presenting a curated list of altcoins with potential substantial returns.<\/span><\/p>\n

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

Certain cryptocurrencies are drawing considerable attention as the crypto market develops through their remarkable performance. Today, we spotlight Maker, ConstitutionDAO, Kaspa, and Telcoin. Each of these cryptocurrencies has shown impressive price surges and robust market dynamics.<\/span><\/p>\n

While analyzing the best altcoins to invest in, we’ve also included a special mention of the <\/span>Wiener AI<\/span><\/a> and <\/span>Shiba Shootout<\/span><\/a> presale. At the time of writing, the tokens have raised more than $7.3 million and $616,000, respectively, in their ongoing presale. Potential investors are encouraged to join in their presale at its affordable price of $0.00073 and 0.0195, respectively. However, there is a need to act immediately as WAI’s presale ends on July 31 while Shiba Shootout’s price has been set to increase in 2 days.<\/span><\/p>\n

1. Maker (MKR)<\/b><\/h2>\n

MakerDAO has recently integrated a Direct Deposit DAI Module (D3M) into Spark’s MetaMorpho Vault, enhancing the decentralized financial system. The integration allows Spark to supply 500 million DAI to Ethena’s USDe and sUSDe markets, which are linked to DAI. This development has contributed to the token’s recent positive performance. <\/span><\/p>\n

Maker has regained momentum, increasing its value by 4.93% in the last 24 hours after a bearish trend since June. This surge in price is supported by an 11.69% rise in trading volume, demonstrating increased investors’ confidence in the token. Also, the altcoin has gained 8.12% over the past week, reflecting growing bullish sentiment for the MKR price.<\/span><\/p>\n

\"Maker<\/p>\n

Furthermore, the MACD technical indicator shows a rising pattern in its green histogram. Technical analysis suggests that this unique pattern indicates increased buying pressure for Maker in the market. Besides, MKR’s Simple Moving Average (SMA) has achieved a bullish crossover on its 24-hour price chart, indicating a positive prospect for the token this week.<\/span><\/p>\n

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The official Endgame audit contest hosted on @sherlockdefi<\/a> has started!<\/p>\n

With 1,350,000 DAI in rewards, this bug-finding contest will help strengthen the security of Endgame products as Maker approaches Launch Season.<\/p>\n

Let the hunt begin. https:\/\/t.co\/LG25jCRH84<\/a><\/p>\n

— Maker (@MakerDAO) July 8, 2024<\/a><\/p><\/blockquote>\n