6 Best Altcoins to Buy Now June 17 – Dogwifnohat, Kendu Inu, Merlin Chain, Cardano 

Today’s


market
dynamics

reflect
a
blend
of
enthusiasm
and
caution.
Sentiments
remain
notably
neutral,
with
a
total
trading
volume
surpassing
$81.2
billion
in
the
last
24
hours.
This
is
indicated
by
the
crypto
Fear
&
Greed
Index
registering
a
reading
of
56,
firmly
in
the
“Neutral”
territory.

A
select
few
cryptocurrencies
have
delivered
substantial
returns
to
investors.
Others
have,
however,
seen
their
market
value
decrease
significantly.
This
article
looks
at
some
altcoins
that
are
currently
worth
considering.

6
Best
Altcoin
to
Buy
Now 

Some
altcoins
experiencing
notable
upswings
are
Dogwifnohat,
Kendu
Inu,
Cardano,
StarkNet,
and
Merlin
Chain.

Since
its
launch,
Merlin
Chain
has
seen
explosive
growth,
accumulating
over
$3.8
billion
in
TVL.
This
move
has
seen
analysts
suggest
an
upward
price
movement
might
be
on
the
horizon.  

Meanwhile,
99Bitcoin’s
timing
allows
investors
to
participate
in
a
potential
meme
coin
rally.
It
particularly
favors
investors
who
missed
out
on
earlier
meme
coin
booms.
Early
investors
can
join
a
wagon
that
may
see
the
token
push
to
a
nearly
500%
uptick.

1.
Kendu
Inu
(KENDU)

Kendu
Inu
was
developed
to
create
a
secure
and
inclusive
cryptocurrency
ecosystem.
The
project’s
core
principle
revolves
around
fostering
a
strong
and
unified
community.
This
focus
on
community
and
security
makes
it
appealing
to
investors
seeking
a
reliable
and
trustworthy
digital
asset.

The
token
has
been
making
waves
recently.
It
experienced
a
significant
explosion
of
over
230%
in
the
past
week.
This
surge
is
due
to
its
popularity
and
the
recent
announcement
of
a
partnership
deal. 

Meanwhile,
KENDU
currently
hovers
around
the
$0.0001702
mark,
indicating
an
almost
5%
and
40%
increase
over
the
last
48
and
72
hours,
respectively.
This
bullish
momentum
has
attracted
significant
trading
volume,
exceeding
$13
million
over
the
previous
24
hours.
The
125%
surge
in
trading
volume
is
a
positive
indicator,
signifying
increased
market
participation
and
further
price
increases.

Furthermore,
Kendu
Inu’s
50-day
and
200-day
moving
averages
are
trending
upwards.
This
moving
average
suggests
that
the
token
could
continue
to
experience
high
buying
pressure. 

However,
the
RSI
currently
swings
in
the
mid-range,
signifying
neither
overbought
nor
oversold
territory,
which
could
indicate
the
possibility
of
continued
price
movement
in
either
direction.

????
Listing
Soon

????

@KenduInu
($KENDU)
is
joining
ProBit
Global
soon!

????
Tune
in
to
ProBit
Global:

https://t.co/Nh1wr5EnLa#NewListing

#ProBitGlobal

#Kendu

#Web3

pic.twitter.com/cHkaSMZNrE

—
ProBit
Global
(@ProBit_Exchange)

June
17,
2024

While
historical
data
is
limited
due
to
Kendu
Inu’s
recent
launch,
potential
support
levels
could
lie
around
the
$0.00018
mark.
It
could
also
experience
a
resistance
level
near
the
recent
highs
of
$0.0003.
Analysts
have,
however,
predicted
that
the
KENDU
could
shed
another
zero
before
the
end
of
June
to
trade
at
$0.008.

2.
Merlin
Chain
(MERL)

Merlin
Chain
is
the
largest
Bitcoin
Layer
2
protocol
by
total
value
locked
(TVL).
The
project
is
committed
to
empowering
Bitcoin’s
native
assets,
protocols,
and
products
on
Layer1
through
its
Layer2
network
to
Make
Bitcoin
Fun
Again.
It
incorporates
the
ZK-Rollup
network,
decentralized
oracle
network,
and
on-chain
BTC
fraud-proof
modules
into
its
ecosystem. 

Since
its
launch,
Merlin
Chain
has
seen
explosive
growth,
accumulating
over
$3.8
billion
in
TVL.
The
team
behind
Merlin,
Bitmap
Tech,
is
a
premier
OG
team
boasting
an
overall
market
cap
exceeding
$500
million.
This
formidable
team
built
an
active
platform
with
over
200
native
DApps. 

Despite
losing
steam
in
the
last
24
hours,
the
token
is
trading
36%
above
its
72-hour
price.
MERL
trades
57%
above
its
200-day
Simple
Moving
Average.
Furthermore,
the
bulls
are
in
charge,
while
a
Fear
and
Greed
Index
of
78
signifies
that
the
token
will
soon
recapture
its
ATH. 

Meanwhile,
the
recent
launch
of
Merlin
Chains’s
native
token,
$MERL,
is
a
significant
development
for
the
Bitcoin
network.
This
has
enabled
the
rapid
growth
of
decentralized
applications
(DApps)
across
various
sectors,
including
decentralized
finance
(DeFi),
gaming,
and
social
platforms.
Also,
The
BRC-420
“Blue
Box”
collection
under
Bitmap
Tech
has
become
one
of
the
hottest
assets
on
Ordinals.

@MerlinLayer2‘s
L2
is
merging
Bitcoin’s
security
into
its
chain
via
our
staking
protocol.
Merlin
users
can
stake
native
BTC,
extending
Bitcoin’s
PoW
consensus
to
bolster
security
of
networks/chains
in
their
ecosystem.

8/11

pic.twitter.com/xfGzxiPp9E

—
Babylon
(@babylon_chain)

June
17,
2024

This
comes
after
the
recent
listing
of
the
new
token
on
multiple
crypto
exchanges.
As
a
BRC-20
token,
$MERL
is
the
third
of
its
kind
to
be
featured
on
OKX
and
Hashkey
Global.
Others
are
Bitget,
Gate.io,
Kucoin,
WOO
X,
ByBit
and
BingX 

This
expansion
into
various
major
exchanges
underscores
Merlin
Chain’s
robust
growth.
It
also
demonstrated
the
community’s
strong
support,
which
has
been
instrumental
in
Merlin
Chain’s
development.
Therefore,
investors
looking
to
invest
in
innovative
Layer
2
solutions
could
consider
MERL.

3.
Cardano
(ADA)

In
terms
of
blockchain
metrics,
Cardano
has
displayed
a
remarkable
upswing.
It
witnessed
a
total
transaction
exceeding
97
million
and
native
tokens
surpassing
15
million.
Notably,
the
Cardano
blockchain
has
hosted
over
170
projects
to
date,
reflecting
its
expanding
ecosystem
and
development
activity. 

Meanwhile,
Cardano’s
Lace
project
has
been
upgraded
to
version
1.12.
The
new
version
includes
notable
enhancements
and
features
allowing
users
to
fund
their
wallets
with
fiat
currencies.
Concurrently,
the
team
has
also
upgraded
Plutus
to
version
1.29.0.0.
Also,
the
Mithril
team
achieved
milestones
in
certifying
Cardano
transactions
within
the
Mithril
network.

Cardano
has
witnessed
an
82%
price
increase
in
the
past
year,
with
market
indicators
pointing
towards
potential
further
increases.
This
uptick
builds
on
its
post-launch
value
with
a
significant
increase
of
over
1882.47%.
This
recent
growth
demonstrates
the
cryptocurrency’s
inherent
volatility
in
the
market.

#Daedalus
version
5.4.0
autoupdate
has
been
released!
Please
note
the
update
will
take
one
to
two
days!!

@IOHK_Charles

@InputOutputHK

@ATADA_Stakepool

@RichardMcCrackn

@amw7

@khstandrews

pic.twitter.com/mbqTeTpg5B

—
ONYX
Stake
Pool,
LLC
(@onyxstakepool)

June
14,
2024

 

An
analysis
of
Cardano’s
daily
chart
has
shown
critical
indicators
pointing
towards
a
potential
continuation
of
the
upsurge.
The
MACD
indicator
displays
a
bullish
crossover.
These
indicators
suggest
growing
momentum
and
a
bullish
signal
for
the
ADA
token. 

In
summary,
despite
ADA’s
fluctuating
price,
its
market
trends
and
technical
analysis
demonstrate
its
resilience.
Moreover,
Cardano’s
development
measures
are
progressing,
indicating
the
project’s
expanding
ecosystem.
Investors
can
keep
a
close
tab
on
the
token
in
the
coming
days
to
get
massive
ROI. 

4.
Dogwifnohat
(NOHAT) 

Dogwifnohat
is
a
meme
token
built
on
the
Solana
blockchain
to
change
the
“tokens
with
hat”
narrative.
Despite
being
launched
less
than
a
month
ago,
NOHAT’s
price
actions
and
chart
pattern
demonstrate
its
potential
to
deliver
massive
ROI.
This
is
strengthened
by
a
recent
announcement
about
its
integration
with
an
unnamed
decentralized
app. 

Meanwhile,
NOHAT
has
formed
a
symmetrical
triangle
that
resembles
converging
trendlines.
Historically,
this
often
precedes
a
breakout
in
the
direction
of
the
dominant
trend.
A
decisive
break
above
this
line
signifies
a
surge
in
buying
pressure
and
a
potential
catalyst
for
substantial
price
appreciation.

The
Relative
Strength
Index
(RSI)
sits
comfortably
below
70,
indicating
that
the
token
is
not
yet
in
overbought
territory. 

This
shows
there
is
room
for
massive
growth
before
a
potential
correction.
Furthermore,
the
recent
uptick
in
RSI
signifies
increasing
buying
pressure.
Following
this,
NOHAT
could
experience
a
price
breakout
that
could
propel
it
to
break
its
previous
ATH
of
$0.3
set
in
May.  

????

$NOHAT
Under
$2.5M
A
STEAL????

????Interactions
DOWN
-5.5%
????Posts
w/
Interactions
UP
+81.8%
????Price
UP
+5.5%@nohatsolana
is
severely
undervalued
plain
and
simple.
There
is
no
way
a
project
with
this
much
engagement
and
the
backing
of
someone
like

@Dior100x
should
be
sitting
at…

pic.twitter.com/hLvNvfek6p

—
Sōka_Data
????
(@Soka_Data)

June
10,
2024

The
token
is
priced
at
$0.002017,
indicating
a
5%
increase
in
the
last
24
hours.
While
the
token’s
primary
appeal
lies
in
its
strong
technical
indicators
and
potential
for
near-term
growth,
the
possibility
of
dApp
integration
adds
a
layer
of
long-term
investment
appeal.

5.
99Bitcoins
(99BTC)

99Bitcoins

continues
to
attract
attention
for
its
built-in
staking
protocol.
It
also
offers
a
yield
of
1,140%
per
year
and
has
been
fully
audited
by
SolidProof.
As
the
presale
continues,
the
potential
for
99Bitcoins
looks
promising.
The
approval
of
spot
ETH
ETFs
in
the
US
could
drive
capital
into
the
crypto
market,
boosting
demand
for
tokens
like
99BTC.

Moreover,
the
project
has
raised
over
$2.2
million
in
its
ongoing
presale.
Its
innovative
“Learn-to-Earn”
strategy
is
aimed
at
transforming
crypto
education.
Rather
than
passively
absorbing
content,
users
will
engage
with
courses.
These
courses
will
include
quizzes
and
interactive
tutorials
to
earn
99BTC
tokens,
providing
financial
incentives
for
learning.

Meanwhile,
the
gamified
Learn-to-Earn
feature
is
just
the
beginning
for
99Bitcoins
Token.
Its
developers
have
announced
plans
to
migrate
99BTC
from
the
ERC-20
chain
to
the
BRC-20
chain.
This
strategic
move
aims
to
create
a
cross-chain
bridge
protocol
for
the
project. 

????
Exciting
milestone
alert!
????

We
have
now
raised
over
$2.2
MILLION
in
our
$99BTC
presale!
????

Secure
your
spot
now
before
the

#Presale
price
increases!
????

Don’t
miss
out—get
started
today!
????

https://t.co/NXD7DAamqr#99Bitcoins

#BTC

#Crypto

#L2E

pic.twitter.com/xQC6lg0euI

—
99Bitcoins
(@99BitcoinsHQ)

June
17,
2024

Furthermore,
this
transition
could
position


99Bitcoins

as
a
disruptive
force
in
crypto.
It
will
also
ensure
it
attracts
significant
attention
from
Bitcoin
maximalists.
The
project’s
$99,999
BTC
airdrop
campaign
has
also
fueled
presale
excitement,
with
99
early
adopters
set
to
share
in
the
prize
pool.

Visit
99Bitcoins
Presale

6.
StarkNet
(STRK)

StarkNet
is
a
permissionless
decentralized
Validity-Rollup
operating
as
an
L2
network
on
Ethereum.
The
project
enables
dApps
to
achieve
unlimited
computation
scale
without
compromising
Ethereum’s
composability
and
security,
making
Starknet
a
secure
and
scalable
cryptographic-proof
system.

Starknet’s
current
market
analysis
indicates
a
positive
trend
marked
by
significant
gains
over
recent
months.
The
token’s
value
oscillates
near
resistance
levels,
and
key
averages
point
upwards
as
the
sentiment
remains
bullish.
The
RSI
and
recent
price
rises
signal
sustained
interest
and
confidence.
Therefore,
investors
may
see
increased
trading
volumes,
suggesting
optimism
about
the
coin’s
future
performance.

Meanwhile,
the
upcoming
“token
unlocks”
for
several
Layer
2
blockchain
projects
could
see
the
time
surge
3x.
Among
the
highlighted
projects,
Starknet
unlocked
$64
Million
STRK
cryptos,
worth
around
$83.8
Million,
on
June
15,
2024.
This
event
is
expected
to
bring
significant
activity
and
volatility
to
the
token.

STRK
has
been
in
a
consolidation
box,
which
appears
to
have
breached
the
wedge
with
a
bullish
slide
move
in
the
box. 

This
indicates
that
the
bulls
hold
the
key
support
of
$1.00,
and
bears
are
desperately
trying
to
breach
it.
However,
bears
are
not
strong
enough
to
break
the
support
level
of
$0.99.
This
could
be
a
major
sign
of
a
resurgence.

Here
is
an
example
of
a
project
currently
being
built
during
this
hackathon:

@RaizeClub,
a
new
Prediction
market
????https://t.co/cp9xKCFVw0

—
Starknet
????????
(@Starknet)

June
17,
2024

 

However,
if
Starknet
maintains
its
recent
momentum,
the
price
could
move
towards
the
$1.27
mark
on
the
daily
chart.
This
could
trigger
a
strong
bullish
spike
out
of
this
consolidation
box.

The
price
of
STRK
experienced
a
bull
run,
followed
by
a
decline
and
a
period
of
consolidation.
Analysts
are
optimistic
about
the
potential
for
a
bullish
spike
in
the
price,
with
a
target
of
reaching
$1.67.
Currently,
the
price
is
at
$0.8574,
and
indicators
suggest
a
neutral
position
due
to
consolidation,
with
the
potential
for
a
bounce
back
if
demand
increases
abruptly.

Learn
More