{"id":565808,"date":"2024-08-17T20:42:48","date_gmt":"2024-08-17T20:42:48","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=565808"},"modified":"2024-08-17T20:41:45","modified_gmt":"2024-08-17T20:41:45","slug":"top-crypto-to-invest-in-right-now-august-17-arbitrum-arweave-bnb","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-crypto-to-invest-in-right-now-august-17-arbitrum-arweave-bnb","title":{"rendered":"Top Crypto to Invest in Right Now August 17 – Arbitrum, Arweave, BNB"},"content":{"rendered":"

The market outlook remains bearish after Bitcoin slipped below the $60,000 mark. Despite this downward trend in BTC’s price and its impact on cryptocurrencies like Ethereum (ETH), certain altcoins have decoupled from Bitcoin’s influence.<\/span><\/p>\n

While BTC’s price dropped as low as $58,752.78 in the past 24 hours, several altcoins, such as Arbitrum, Arweave, and BNB, have shown resilience, posting gains and upward momentum. As a result, investors are now shifting their attention to the altcoin market, seeking potential opportunities to invest in promising cryptocurrencies.<\/span><\/p>\n

Top Crypto to Invest in Right Now<\/b><\/h2>\n

Recently, Arweave introduced a new protocol called ArFleet, which focuses on temporary data storage. Meanwhile, PlayDoge has gained considerable attention in the crypto community, raising over $6 million as it approaches the end of its presale. Additionally, the TON blockchain team has introduced a new initiative called TON Nest, which aims to support early-stage projects within its ecosystem.<\/span><\/p>\n

1. Arweave (AR)<\/b><\/h3>\n

Arweave is a decentralized storage network designed to provide a platform for indefinite data storage. One of its main features is the “permaweb,” which hosts a variety of community-driven applications and platforms. Recently, Arweave introduced a new protocol called ArFleet, which focuses on temporary data storage. <\/span><\/p>\n

This marks a significant shift from Arweave’s traditional approach, which has been centered on permanent storage. ArFleet is scheduled to launch on Thursday, August 29th. The event will include a live demonstration by its lead developer, AO\/ACC, followed by a Q&A session and community discussion in the Arweave Gathering Town.<\/span><\/p>\n

\"AR<\/p>\n

Furthermore, the introduction of ArFleet allows Arweave to cater to a different market segment. It contrasts with Arweave’s core offering of permanent storage, showcasing the platform’s flexibility and potential for diverse applications. This enhances the appeal of AR and broadens its overall usage.<\/span><\/p>\n

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Introducing ArFleet: Temporary data storage on Arweave. <\/p>\n

Arweave is renowned for its data permanence. Now it offers time-bound storage, too — opening up new markets and opportunities for $AR<\/a> and the permaweb. <\/p>\n

Launch: 8\/29 1100 EST <\/p>\n

Testnet access limited. Grab your spot 👇 pic.twitter.com\/6D7TBTwJMF<\/a><\/p>\n

— ao (@aoTheComputer) August 16, 2024<\/a><\/p><\/blockquote>\n