{"id":603480,"date":"2024-11-23T14:26:12","date_gmt":"2024-11-23T14:26:12","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=603480"},"modified":"2024-11-23T14:26:12","modified_gmt":"2024-11-23T14:26:12","slug":"top-crypto-to-invest-in-right-now-november-23-algorand-fantom-hedera","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/top-crypto-to-invest-in-right-now-november-23-algorand-fantom-hedera","title":{"rendered":"Top Crypto to Invest in Right Now November 23 – Algorand, Fantom, Hedera"},"content":{"rendered":"

Injective (INJ), Hedera (HBAR), and Render (RENDER) are gaining attention due to recent bullish breakouts, suggesting a potential shift in the altcoin market. These AI-focused cryptocurrencies have shown synchronized price movements, sparking discussions among traders and analysts. Bitcoin’s rise to $99,800, approaching the $100,000 milestone, has shifted investor focus to alternative cryptocurrencies.<\/span>
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Other altcoin tokens are starting to align with the upward trend seen across the market. This shift highlights opportunities for identifying the <\/span>top crypto to invest in right now<\/a>, particularly as these assets begin to show potential for further growth.<\/span><\/p>\n

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

Injective has launched iAgent, a software development kit (SDK) that enables users to build on-chain AI agents, expanding possibilities for decentralized artificial intelligence applications. Meanwhile, HBAR has demonstrated positive price momentum, currently trading at $0.1512 after a 9.08% increase within the past day. <\/span><\/p>\n

Meanwhile, the Algorand Foundation has joined the Decentralized Identity Foundation (DIF), signaling its commitment to advancing open standards for digital identity solutions.<\/span><\/p>\n

1. Injective (INJ)<\/b><\/h3>\n

Injective recently introduced iAgent, a software development kit (SDK) designed to help users create their on-chain AI agents. This tool integrates large language models, such as OpenAI’s ChatGPT, with blockchain infrastructure, aiming to simplify blockchain accessibility for a wider audience, including those with limited technical expertise. <\/span><\/p>\n

Furthermore, the iAgent features machine learning-powered predictive analytics, automated trade execution, and streamlined payment processes using straightforward commands. These functionalities are intended to provide a more intuitive and efficient way of interacting with blockchain systems.<\/span><\/p>\n

\"INJ<\/p>\n

The INJ token has seen notable price increases, reflecting recent developments and market activity. At $28.62 per token, it has experienced a 14.66% intraday increase, with gains of 15.47% over the past week and 41.41% over the last 30 days. Market sentiment remains positive, with a bullish outlook supported by a Fear & Greed Index reading 93, indicating extreme greed.<\/span><\/p>\n

Injective is trading well above its 200-day simple moving average of $11.02, marking a 160.69% increase. The project has also demonstrated a strong market presence, with 16 green days in the past month and high liquidity relative to its market capitalization.<\/span><\/p>\n

2. Algorand (ALGO)<\/b><\/h3>\n

The Algorand Foundation has joined the Decentralized Identity Foundation (DIF), signalling its focus on supporting open standards in digital identity. This aligns with the development of did:algo, a decentralized identifier (DID) created on Algorand. <\/span><\/p>\n

\"ALGO<\/p>\n

Algorand has shown increased activity as significant projects on its blockchain grow. A recent collaboration with Coinbase introduced rewards for exploring Algorand dApps, resulting in over 124,000 new accounts in a single day. The platform’s Total Value Locked (TVL) has risen by 12% this quarter, with notable contributions from platforms like Folks Finance and Tinyman. Currently priced at $0.2124, the project shows signs of expanding interest and adoption.<\/span><\/p>\n

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We’re thrilled to join the Decentralized Identity Foundation (DIF) @DecentralizedID<\/a> !<\/p>\n

With did:algo, built to W3C standards, Algorand empowers secure, decentralized identity.<\/p>\n

From Kare Wallet by @aidtechnology<\/a> aiding disaster survivors to advancing global ID standards, we’re… pic.twitter.com\/k1Ecj3Lodg<\/a><\/p>\n

— Algorand Foundation (@AlgoFoundation) November 21, 2024<\/a><\/p><\/blockquote>\n