5 Best Altcoins to Invest in Now June 25 – Injective, Jito, Bitget Token, Ankr Network
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On
Monday,
the
cryptocurrency
market
experienced
significant
selling
pressure,
with
Bitcoin
plummeting
by
nearly
5%
below
$60,000.
This
downward
trend
extended
to
the
altcoin
market,
affecting
major
assets
such
as
Ethereum.
As
a
result,
the
overall
crypto
market
saw
a
collective
decrease
of
nearly
$1.2
billion
in
value.
Amidst
the
extended
correction,
our
in-house
analysts
have
selected
6
promising
altcoins,
such
as
Bitget
Token,
Jito,
Injective,
and
Ankr
Network.
These
cryptocurrencies
present
an
excellent
buying
opportunity
for
investors
on
the
sidelines
looking
to
benefit
from
the
market
dip.
5
Best
Altcoin
to
Invest
in
Now
INJ
holders
are
strategically
adjusting
their
portfolios
in
anticipation
of
an
upcoming
partnership
deal.
The
token
exhibits
strong
resilience,
reflected
in
a
Fear
and
Greed
Index
score
of
81.
Meanwhile,
Ankr
has
experienced
a
7%
surge
over
the
past
seven
days,
indicating
a
notable
shift
in
investor
sentiment
toward
the
token.
Furthermore,
Solana’s
recent
blockchain
initiatives
are
capturing
attention,
notably
Mega
Dice,
a
gaming
and
gambling
token
that
has
rapidly
gained
popularity
since
its
presale
began.
Mega
Dice
has
already
raised
over
$1
million,
underscoring
substantial
interest
in
this
innovative
concept.
1.
Injective
(INJ)
Injective
has
forged
partnerships
with
Noble
and
Clusters.
Through
its
collaboration
with
Noble,
Injective
gains
direct
access
to
USDC
issued
on
the
platform,
enabling
users
to
seamlessly
utilize
native
USDC
across
various
dApps
within
the
ecosystem,
such
as
HelixApp.
Also,
integrating
with
Clustersxyz
facilitates
a
unified
identity
across
Ethereum,
Solano,
and
Injective.
Meanwhile,
despite
its
early
stages,
the
token
has
swiftly
garnered
attention
within
the
crypto
market.
The
project
has
successfully
attracted
numerous
DeFi
initiatives,
bolstering
its
ecosystem’s
foundational
infrastructure.
Recent
successful
funding
rounds
underscore
its
expanding
presence
in
the
DeFi
space,
highlighting
its
growing
significance.
Moreover,
it
is
ranked
4th
in
the
AI
crypto
category.
The
token
also
has
a
high
liquidity
based
on
its
market
cap.
Also,
Injective
is
trading
266.48%
above
the
200-day
simple
moving
average.
It
indicates
positive
performance
compared
to
its
token
sale
price
and
trading
near
its
cycle
high.
Brand
new
website
just
dropped
for
the
Injective
Builder
House!The
exclusive
event
will
bring
together
the
best
developers,
institutions
and
companies
in
all
of
Web3
during
@EthCCweek.Register
Here:
https://t.co/JvUu2Qj58o
pic.twitter.com/X3qndZ7wtB—
Injective
????
(@injective)
June
20,
2024
These
developments
have
sparked
enthusiasm
around
$INJ,
driving
a
9.01%
increase
in
its
value.
Currently,
Injective
is
trading
at
$23.00,
with
a
24-hour
trading
volume
reaching
$163
million.
Investors’
sentiment
analysis
suggests
a
bullish
outlook,
suggesting
the
potential
for
continued
upward
momentum.
As
a
result,
the
Greed
score
has
risen
to
81,
reflecting
heightened
buying
pressure.
2.
Ankr
Network
(ANKR)
Ankr
Network
is
a
unique
project
developed
to
streamline
web3
development.
It
offers
a
blockchain-based
cross-chain
infrastructure
facilitating
decentralized
finance
(DeFi)
and
application
(dApp)
development.
Ankr
is
also
known
for
its
staking
protocol,
Stkr,
which
supports
ETH
staking
and
provides
substantial
liquidity
for
Ethereum
2.0
stakers.
Meanwhile,
investors
are
optimistic
about
Ankr’s
prospects,
reflected
in
a
bullish
sentiment.
This
surge
in
positive
sentiment
has
elevated
the
Greed
score
to
81,
indicating
strong
investor
and
trader
confidence.
The
general
market
recovery
has
also
seen
market
participants
closely
tracking
ANKR’s
trajectory,
buoyed
by
increasing
transaction
volumes.
Furthermore,
ANKR
is
presently
trading
at
$0.03197,
boasting
a
market
capitalization
of
$449
million
and
over
$82
million
in
total
value
locked
(TVL).
The
current
price
marks
a
7%
rise
in
the
last
24
hours
and
an
impressive
5945.3%
increase
from
its
all-time
low
on
March
13,
2020.
Web3
is
all
about
decentralized
interactions
????
and
leveraging
distributed
systems
for
the
benefit
of
all
✨Ankr
RPC
endpoints
power
these
interactions
with
reliable,
high
speed,
and
often
free
service
????Connect
today
????https://t.co/lliCbHbzx7—
Ankr
(@ankr)
June
25,
2024
Moreover,
Ankr
Network
trades
91.69%
above
the
200-day
Simple
Moving
Average
(SMA).
These
metrics
indicate
a
strong
bullish
trend.
The
crypto
has
also
experienced
21
green
days
out
of
the
last
30.
Therefore,
the
daily
close
price
has
consistently
surpassed
the
daily
open
price.
3.
Mega
Dice
(DICE)
Mega
Dice,
a
well-established
casino,
seeks
to
revolutionize
the
GameFi
sector.
This
token
not
only
incentivizes
existing
users
but
also
entices
new
ones,
forming
a
cornerstone
of
Mega
Dice’s
strategy
for
gamification.
Interestingly,
Mega
Dice
is
poised
to
lead
the
way
in
crypto
casinos
by
introducing
daily
rewards
tied
to
platform
performance.
Solana’s
recent
blockchain
initiatives
are
drawing
attention,
particularly
Mega
Dice
(DICE),
a
gaming
and
gambling
token
that
has
rapidly
gained
traction
since
its
presale
launch.
With
over
$1.5
million
raised,
Mega
Dice
is
demonstrating
substantial
interest
in
its
innovative
approach
within
the
gaming
industry.
The
Mega
Dice
presale
has
been
extraordinarily
successful,
surpassing
substantial
funding
milestones
and
illustrating
a
robust
demand
for
its
token.
Due
to
their
accessibility
and
limited
availability,
$DICE
tokens
are
highly
sought
after,
generating
significant
interest
among
potential
investors.
Experience
Happy
Hour
on
#CopaAmerica
and
#EURO2024
Tournaments
every
Tuesday
&
Saturday,
16:00-21:00
UTC!
????Double
Tournament
points
until
July
13th!
⚽️Check
out
Mega
Dice
casino
for
incredible
betting
and
unbeatable
odds!
????Join
now
????https://t.co/FjIFjfAnCY
pic.twitter.com/2GF8olHDCJ—
Mega
Dice
Casino
(@megadice)
June
25,
2024
Currently,
each
$DICE
token
is
priced
at
$0.0825.
Mega
Dice
has
already
sold
nearly
$25
million
worth
of
$DICE
tokens.
Following
the
presale,
Mega
Dice
plans
to
list
$DICE
tokens
on
decentralized
exchanges
(DEXs),
which
could
further
bolster
their
appeal
and
accessibility.
4.
Jito
(JTO)
Jito’s
team
has
unveiled
plans
for
the
‘Eigen
Layer
of
Solana’
project,
aiming
to
emulate
the
success
of
Eigen’s
layered
solutions.
The
successful
launch
of
this
project
could
potentially
replicate
the
excitement
and
attention
that
drove
a
significant
rally
in
the
token’s
price.
Recently,
the
token
emerged
as
the
leading
DeFi
protocol
on
the
Solana
network,
closing
the
week
with
a
total
value
locked
(TVL)
of
over
$1
billion.
This
substantial
increase
triggered
a
significant
surge
in
the
price
of
the
Jito
token,
which
rose
by
8.5%
over
the
week.
Despite
these
developments,
the
restaking
protocol
has
struggled
to
gain
significant
traction.
Also,
Jito’s
recent
airdrop
had
little
impact
on
its
short-term
performance.
However,
JITO
has
recorded
20
positive
price
movements
in
the
last
30
days,
underscoring
its
strong
momentum
and
appeal.
Viral
apps
can
change
a
landscape
in
under
6
months.Who’s
building
the
app
that
will
onboard
100M
people
to
@solana?—
Jito
(@jito_sol)
June
21,
2024
The
token
is
priced
at
$2.43,
reflecting
a
1.89%
increase
over
the
past
seven
days
and
an
8.12%
uptick
in
the
last
24
hours.
Additionally,
the
token
demonstrates
strong
liquidity,
which
is
evident
from
its
substantial
market
cap.
Market
sentiment
towards
Jito’s
price
outlook
remains
optimistic,
supported
by
a
Fear
&
Greed
Index
score
of
68
(Greed).
5.
Bitget
Token
(BGB)
Bitget
has
introduced
three
Launchpool
promotions:
DOPE,
ZK,
and
ENA.
Participants
can
stake
BGB
or
USDT
to
earn
token
rewards,
with
the
added
advantage
of
instantly
redeeming
BGB
and
USDT
after
staking.
This
recent
initiative
has
enhanced
the
token’s
resilience
despite
current
market
conditions.
Despite
a
brief
recovery,
the
Bitget
token
still
suffers
the
effects
of
the
recent
market
downturn,
resulting
in
a
drop
in
price
over
the
past
few
days.
However,
Bitget’s
platform
token,
BGB,
has
begun
to
display
signs
of
recovery.
The
token
has
defied
the
prevailing
downtrend,
posting
a
4%
intraday
increase.
Furthermore,
BGB
has
recorded
18
out
of
30
days
with
its
price
closing
in
green
candlesticks,
reflecting
a
notable
60%
positivity
rate.
It
is
currently
priced
at
$1.1,
indicating
a
bullish
trajectory.
Despite
this,
the
Fear
&
Greed
Index
has
dropped
to
70,
reflecting
the
broader
market
decline.
Meanwhile,
Bitget
Token
has
grown
significantly,
surging
by
201%
over
the
past
year.
Given
these
developments,
analysts
anticipate
an
upward
trend
for
BGB.
This
prediction
is
further
supported
by
the
expansion
of
Bitget
Exchange’s
presence.
The
next
significant
target
for
Bitget
Token
is
projected
to
be
$2.10,
offering
potential
gains
for
investors
within
a
shorter
timeframe.
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