What's The Best Cryptocurrency To Invest In Right Now – This week was marked by a surge in the market as the price of top crypto assets increased following increased investor activity. A look at the crypto charts shows higher activity in the last seven days. The total market capitalization is now $2.66 trillion while the 24-hour trading volume is $87.8 billion.
This week’s rise was preceded by a small decline caused by microeconomic and market factors. Nevertheless, the market regained momentum as BTC regained $70,000. Coinbase’s lawsuit with the Securities and Exchange Commission (SEC) and the Kucoin saga dampened sentiment but the tide has reversed.
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What's The Best Cryptocurrency To Invest In Right Now
The market leader pulled crypto assets to record highs this week as it recorded net institutional declines. Bitcoin posted breakouts last week that led to a sell-off in the market but staged a sharp correction with analysts predicting a higher price. At press time, BTC is trading at $70,371, up 11% this week and bringing its monthly flow to 16.69%.
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Spot Bitcoin ETFs continue to be a key factor behind record inflows into the asset. The ETF’s successes have led to talk of other crypto asset ETFs. Another strong driver for BTC is the upcoming halving event which saw miners and traders reallocate their holdings this month.
Like Bitcoin, altcoins made significant gains this week. Ethereum is up 7.38 percent to $3,552, recovering from last week’s losses. In the last seven days, BNB and Solana recorded gains of 13.33 percent and 11.58 percent, respectively.
However, Toncoin (TON) and Internet Computer (ICP) surged 21% and 35% respectively, boosting the altcoin market cap. As Ethereum finds its own ETF, Bitcoin’s rise has boosted other crypto assets. Analysts suggest that the location of the Ethereum ETF in the United States will bring investment to the capital with its acquisition feature.
The memecoin ecosystem has increased by 7% in the past 24 hours and has shown weekly flows in many sectors. Dogecoin and Shiba Inu have increased by 40% and 15% in the last seven days. Meanwhile, Solana’s ecosystem grew by 13.5% today. Notably, its two main assets dogwifat and BONK gained 67.7% and weekly growth of 21.8%.
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There are over 25,000 cryptocurrencies available for purchase and while many offer the potential for huge profits, others turn out to be complete failures or outright scams.
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In this guide, we highlight the best crypto to buy today and a variety of projects that are suitable for both short-term and long-term investors, from new projects and those still in the presale phase to established ones. the likes of Bitcoin and Ethereum.
First on our list of the best cryptocurrencies to buy in 2024 is Dogecoin20. This new meme coin features crypto’s favorite dog, the Shiba Inu. The token is currently listed at $0.0002 in a presale that has raised over $3 million in just one week.
If Elon Musk can do it, Dogecoin20 is calling itself Dogecoin. Instead of using energy intensive mining methods, Dogecoin20 is an ERC-20 token that allows it to use a fraction of the energy while enjoying the higher speed and increased security of the Ethereum network.
An additional benefit is that this means that owners can also redeem their $DOGE20 tokens for passive income in the form of rewards. Currently, the profit on investors is 304% but this may decrease with time. Those who join the Dogecoin20 community early will receive the highest rewards.
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With the current buzz around meme coins – and doge meme coins in particular – this is one crypto to watch.
Find out all the latest developments by following Dogecoin20 on X – formerly known as Twitter – and join their Telegram discussion channel.
No Hard Link Total Tokens 140 Billion Tokens Available 35 Billion Blockchain Tokens Token Type ERC-20 Minimum Buy No Buy with USDT, ETH, BNB, Dogecoin Visiting Card20 2. 5th Area – Crypto VR Gaming Platform Offering Scape Owned Tokens 5 first the world’s virtual and augmented cryptocurrency ecosystem. With a $5SCAPE token, investors can access a range of VR-themed gaming experiences, blockbuster movies, and educational content. $5SCAPE ticket holders get lifetime access to a select collection of VR gaming experiences. It includes Cricket and Football simulations – giving you a live match day experience. Through the MMA themed game called ‘Cage Conquest’, you can participate in strategic training sessions and participate in online tournaments. 5th Scape offers hyper-realistic gameplay using VR gaming headsets and chairs. These products use accurate motion tracking and visual realism to provide the highest quality VR experiences. All products are offered at a discounted price to $5SCAPE pass holders. The $5SCAPE token may be one of the best cryptos because it looks directly to the VR and AR gaming screen. The token has a total supply of 5.21 billion, 80% of which is currently distributed through the presale. The presale consists of 12 rounds, and has a rough price of $15 million. At the time of writing, the $5SCAPE price is only $0.00248 per token. Read the 5th Scape white paper and join the Telegram channel to learn more about this project. Token Token 5SCAPE Offer Offer 4, 164, 175, 455 SCORP Token Type ERC-20 Payment Methods ETH, USDT, BNB, MATIC, Card List Price $0.01 Visit 5th Square 3. Sponge V2 – New Version 10 OKX List This over the summer $SPONGE emerged as a meme coin sensation, increasing 100x to reach an initial market capitalization of $100 million. This meteoric rise created new crypto millionaires and created a buzz in the cryptocurrency community. Currently, $SPONGE is back with its new token V2, which aims to surpass its predecessor in terms of size, efficiency and attractiveness. According to $SPONGE’s white paper, the new V2 token sets the stage for a play-to-win crypto game where players can challenge Spongebob Squarepants and win $SPONGE. Additionally, the project is eyeing major Tier-1 exchanges, including Binance and OKX. It is already listed on exchanges like Gate, MEXC, Bitget, Poloniex, and CoinW, so these Tier-1 exchanges appear within. A listing on Binance is likely to trigger a sudden buying activity in $SPONGE. Binance recently listed meme coins including $MEME and $BONK and both tokens subsequently saw their prices increase. The only way to get $SPONGEV2 now is to convert from V1 token. Investors who collect and permanently lock their V1 tokens will be rewarded with $SPONGEV2 for the next 4 years. Investors who purchase a new share of $SPONGE V1 will also receive an equal amount of V2 tokens as a bonus for their purchase. So, now is the best time to switch to $SPONGEV2. This project is moving fast, so be sure to follow $SPONGE on X, Telegram, and Discord for all the latest updates about the V2 bridge and upcoming entries. Hard Cap N/A Total Tokens 150 billion Tokens available in pre-sale N/A Blockchain Token Ethereum Token type ERC-20 Minimum Buy In USDT, ETH, Visit Sponge Card V2 4. Smog – Best Coin Meme on Solana , Airdropping 490 Million Smog Tokens is the new meme coin in Solana, riding on the rise of its predecessors like Bonk, Myro, Pepo and Dogwifhat. Bonk returned 12,000% to investors in just a few months in 2023, and Smog aims to beat that. To that end, the team will release 490 million tokens and use 50% of the total token supply for marketing purposes to bring new eyes to the project and build hype. If successful, it could be the best cryptocurrency to buy this year. To participate in the airdrop and get a piece of the pie, you need to buy $SMOG tokens and put them in your wallet. This is how you get air points. Earn more points by completing quests in the Zealy campaign. $SMOG is a Solana-based token, which means you need a dedicated wallet to buy and hold the token. Choose from Phantom, Solflare and Backpack, and connect your wallet to Jupiter, Solana’s largest collector. Buy $SMOG tokens with USDC, USDT or SOL
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