{"id":559676,"date":"2024-08-02T06:10:20","date_gmt":"2024-08-02T06:10:20","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=559676"},"modified":"2024-08-02T06:10:20","modified_gmt":"2024-08-02T06:10:20","slug":"6-best-altcoins-to-invest-in-now-august-1-nexo-gatetoken-zetachain-runebridge","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/6-best-altcoins-to-invest-in-now-august-1-nexo-gatetoken-zetachain-runebridge","title":{"rendered":"6 Best Altcoins to Invest in Now August 1 – Nexo, GateToken, ZetaChain, RuneBridge"},"content":{"rendered":"

Last week, the cryptocurrency market saw an uptick with Bitcoin touching the $68,000 mark and Ethereum also trading above $3,000. This trend impacted numerous top cryptocurrencies and intensified losses among altcoins. Consequently, these developments saw several altcoins enter the list of <\/span>best altcoins to invest in today<\/span><\/a>.<\/span><\/p>\n

However, discovering these tokens often requires diligent research, as investor attention tends to gravitate towards already surging assets. Today’s article analyses the recent performance of cryptocurrencies that have topped the gainers list in the past 24 hours. The goal is to pinpoint tokens showing potential and provide insights for investors. <\/span><\/p>\n

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

Today’s article explores the performance of promising cryptocurrencies that investors should consider adding to their watchlists. It highlights <\/span>Base Dawgz<\/span><\/a>, a recent meme coin launch on the Base Network known for its unique multichain functionality, facilitating seamless interoperability across different blockchains.<\/span><\/p>\n

Furthermore, several altcoins, especially GateToken and RuneBridge, have seen their bulls trigger a bullish trend. These bullish trends have seen them give investors massive ROI, with more gain in sight. It has shown that these tokens are some of the best tokens investors can add to their watchlist.<\/span><\/p>\n

1. Nexo (NEXO)<\/b><\/h3>\n

Nexo is a prominent crypto lending platform that recently made headlines with its strategic collaborations and market expansion efforts. Nexo’s partnerships with traditional financial institutions have enhanced its credibility and broadened its user base. These collaborations facilitate seamless integration between traditional finance and crypto, driving increased adoption of NEXO.<\/span><\/p>\n

Meanwhile, NEXO trades at $1.14 today, indicating a 72% uptick over the previous year. The token opened the year with $1.02, marking a 22% increase over last year’s price. This upward trend is driven by heightened demand resulting from its innovative solutions and strategic expansions.<\/span><\/p>\n

\"Nexo<\/p>\n

Furthermore, NEXO displays a bullish outlook by trading at 30% and 65% above its 50-day and 200-day moving averages, indicating sustained upward momentum. It rests on a support level of $1.1 while trying to overcome a resistance level of $1.60. If it manages to break through this resistance level, it might establish a support level at $2.3 and even smash the $3.7 mark in August. <\/span><\/p>\n

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Big updates on Nexo’s Web platform – you can now trade Futures right from your desktop!<\/p>\n

🔝 Dive into 90+ perpetual contracts with up to 50x leverage to maximize your trading potential.<\/p>\n

🕶️ Enjoy our sleek new Dark Mode for a more stylish trading experience on Web.<\/p>\n

And more 👇 pic.twitter.com\/yXOSeJ9oEm<\/a><\/p>\n

— Nexo (@Nexo) July 31, 2024<\/a><\/p><\/blockquote>\n