{"id":562108,"date":"2024-08-07T20:07:01","date_gmt":"2024-08-07T20:07:01","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=562108"},"modified":"2024-08-07T20:06:16","modified_gmt":"2024-08-07T20:06:16","slug":"6-best-altcoins-to-invest-in-now-august-7-jito-akash-network-unus-sed-leo-jupiter","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/6-best-altcoins-to-invest-in-now-august-7-jito-akash-network-unus-sed-leo-jupiter","title":{"rendered":"6 Best Altcoins to Invest in Now August 7 – Jito, Akash Network, Unus Sed Leo, Jupiter"},"content":{"rendered":"

The cryptocurrency market is still bumpy after the recent Bitcoin slump, with several tokens struggling to bounce back. Bitcoin (BTC) is inching closer to $60,000, hoping to find support for its next big move. Investors need to stay alert during this correction phase as it could be a chance to catch a ride on a rising trend.<\/span><\/p>\n

Consequently, the recent turn of events has made it difficult to choose the right altcoins to invest in. However, <\/span>this article makes it easy for investors who are searching for the best altcoins to invest in now<\/a><\/span>. It streamlines this exploration by presenting a curated list of altcoins with potential substantial returns.<\/span><\/p>\n

6 Best Altcoin to Invest in Now <\/b><\/h2>\n

Jupiter is experiencing an upward trend in the short term, trading over 550% above its launch price. The token also trades 10% higher than the 30-day value at $0.1148. Meanwhile, AKT’s impressive 9% surge in seven days signals a distinct shift in investor sentiment toward the token.<\/span><\/p>\n

Furthermore, Solana’s recent blockchain ventures are gaining notice. Among them is <\/span>Mega Dice<\/span><\/a> (DICE), a gaming and gambling token swiftly gaining popularity since its presale commenced. Mega Dice has raised over $900,000, indicating significant interest in this novel concept.<\/span><\/p>\n

1. Jito (JTO)<\/b><\/h3>\n

Jito’s team has made major progress on the development of the “Eigen Layer of Solana” project. The project replicates the success of the Eigen project’s layer solutions. If Jito’s team can successfully perfect the project, it could generate similar excitement and attention, which saw the token’s price go on an insane rally.<\/span><\/p>\n

Meanwhile, last week, the token recently emerged as the top DeFi protocol on the Solana network. It closed the week with a total volume locked (TVL) of $1.04 billion. This considerable upswing incited a significant explosion in the Jito token price, which rose by 8.5% over the previous week. <\/span><\/p>\n

\"Jito<\/p>\n

Nevertheless, the restaking protocol has yet to gain notable traction. Also, Jito’s recent airdrop has no significant impact on its short-term performance. Over the last 30 days, Jito’s token has seen 17 days of positive price movement, reflecting robust momentum and attraction. <\/span><\/p>\n

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1. Restaking on Solana: A New Chapter<\/p>\n

Blockchains have evolved to solve scaling, security, and throughput issues, creating general-purpose networks and application-specific chains.<\/p>\n

And now, the natural evolution has arrived: Jito (Re)staking pic.twitter.com\/7Ab8lvmXnx<\/a><\/p>\n

— Jito (@jito_sol) August 6, 2024<\/a><\/p><\/blockquote>\n