5 Best Altcoins to Invest in Right Now April 6 – NEAR Protocol, ORDI, Injective

The
Bitcoin
Halving
event
is
on
the
horizon,
signaled
by
fluctuating
market
performances.
Based
on
historical
data,
the
period
leading
to
the
Halving
event
is
usually
accompanied
by
a
dip
in
market
capitalization
and
trading
volume. 

Nonetheless,
smart
investors
leverage
this
dip
to
search
for
altcoins
with
promising
upsides.
This
search
aims
to
capitalize
on
the
Altcoin
season
that
follows
the
Bitcoin
Halving.
InsideBitcoins
provides
further
insight
by
pinpointing
altcoins
worthy
of
investor
consideration.

5
Best
Altcoins
to
Invest
in
Right
Now

Investors
are
honing
in
on
tokens
such
as
NEAR
Protocol,
ORDI,
and
Injective,
seeing
them
as
promising
investment
opportunities
amid
expectations
of
the
next
bullish
market
cycle.
This
heightened
interest
boosts
investor
confidence,
prompting
them
to
reassess
and
optimize
their
investment
portfolios.

At
the
same
time,
Bitcoin
Minetrix
has
captured
considerable
market
interest,
securing
over
$12.9
million
in
funding
during
its
presale
period.
However,


Bitcoin
is
experiencing

a
decline
following
better-than-expected
U.S.
job
growth
figures
for
March.

1.
NEAR
Protocol
(NEAR)

NEAR
Protocol
has
witnessed
a
downturn
in
price
movement,
with
a
slight
8%
decrease
over
the
past
week.
However,
zooming
out,
its
performance
over
broader
time
frames
reveals
remarkable
growth.
On
a
month-to-date
basis,
NEAR
has
printed
over
a
50%
surge
while
hitting
more
than
a
500%
rise
in
the
past
six
months.

Furthermore,
NEAR
is
hovering
between
$6.74
and
$7.98,
trading
at
$7.09
in
the
last
intraday
session.
Its
price
has
soared
by
an
impressive
254%
on
a
YTD,
signaling
a
sustained
uptrend.
Moreover,
NEAR
trades
above
its
200-day
simple
moving
average,
indicating
positive
momentum.

From
cross-chain
innovations
to
the
convergence
of
AI
and
blockchain,

@buidl_asia
&

@eth_seoul_
experienced
more
than
just
a
touch
of
Chain
Abstraction
last
week.

Missed
it?
Don’t
miss
the
catch
up:https://t.co/pq2sL6o5Jd

pic.twitter.com/bKNCGH841R

—
NEAR
Protocol
(@NEARProtocol)

April
3,
2024

Looking
at
the
recent
trend,
NEAR
could
target
its
nearest
resistance
level
at
$8.67
if
momentum
continues
to
build.
However,
formidable
obstacles
lie
ahead
at
the
second
resistance
of
$9.91.
Conversely,
downside
protection
can
be
found
at
$6.18,
with
stronger
support
at
approximately
$4.93.
NEAR’s
trajectory
largely
depends
on
market
sentiment
and
its
adoption
progress.
With
16
green
days
out
of
the
last
30,
sustained
growth
is
believed.

2.
ORDI
(ORDI)

Coinbase’s
institutional
client-facing
subsidiary
has
unveiled
plans
to
list
perpetual
future
contracts
for
the
BRC-20
tokens
Ordinals
and
Worldcoin
on
April
11.
In
an
announcement
on
April
5,
Coinbase
International
Exchange
declared
that
it
would
list
perpetual
futures
products
for
ORDI
and
WLD
as
early
as
April
11.
As
such,
these
futures
will
be
made
accessible
to
institutional
investors
on
Coinbase
International
and
Coinbase
Advanced.

The
introduction
of
perpetual
futures
contracts
for
ORDI
and
WLD
reflects
the
platform’s
commitment
to
providing
diversified
investment
opportunities
for
institutional
players.
Moreover,
this
development
expands
the
range
of
financial
instruments
available
and
reflects
the
growing
maturity
of
the
crypto
derivatives
market.

In
reaction
to
this
news,
ORDI’s
hit
a
northbound
movement,
rising
9.65%
in
the
last
intraday
session
to
$64.99.
Trading
near
a
cycle
high
of
$66.70,
the
coin
ORDI
trades
383.02%
above
the
200-day
SMA
of
$13.55,
indicating
a
strong
bullish
trend.

Furthermore,
recent
market
trends
reveal
that
ORDI
has
enjoyed
a
series
of
positive
trading
sessions,
with
15/30
days
showing
green
candlesticks.
The
overall
market
sentiment
is
positive,
coupled
with
a
Greed
score
of
75,
indicating
a
prevailing
greed
among
market
participants.

3.
Bitcoin
Minetrix
(BTCMTX)

Bitcoin
Minetrix’s

market
entry
seeks
to
tackle
challenges
within
the
Bitcoin
cloud
mining
sector.
Introducing
a
revolutionary
Stake-to-Mine
mechanism,
it
harnesses
smart
contracts
on
the
Ethereum
network.
This
groundbreaking
approach
enables
users
to
stake
and
burn
tokens
for
mining
hash
power,
tackling
the
sector’s
notorious
issues
of
scams
and
unreliability.

Moreover,
the
project
has
garnered
significant
attention,
securing
over
$12.9
million
in
its
current
presale
phase.
With
a
total
stake
of
765,244,774
BTCMTX
tokens,
Bitcoin
Minetrix
offers
an
estimated
annual
rewards
rate
of
55%
at
158.5
per
ETH
block.

As
Stage
35
of
Bitcoin
Minetrix’s
presale
kicks
off,
investors
have
a
strategic
four-day
window
before
an
anticipated
price
increase.
This
offers
an
opportunity
to
capitalize
on
the
current
token
price
of
$0.0145
before
any
potential
rise.

Stage
36
of

#BitcoinMinetrix
is
now
underway!
????⛏️

We
are
now
in
the
last
4
Stages!

What
resources
do
you
recommend
for
beginners
interested
in
learning
about

#Bitcoin
mining?
????

pic.twitter.com/qsaRIsdcon

—
Bitcoinminetrix
(@bitcoinminetrix)

April
5,
2024

Investors
seeking
a
dependable
and
innovative
cloud
mining
approach
are
attracted
by


Bitcoin
Minetrix

and
its
Stake-to-Mine
mechanism.
With
its
impressive
fundraising
and
promising
rewards
structure,
the
project
aims
to
revolutionize
and
fortify
the
cloud
mining
sector.

Visit
Bitcoin
Minetrix
Presale

4.
Injective
(INJ)

Injective
has
just
launched
its
latest
upgrade,
the
Injective
Bridge
Ionic,
aiming
to
add
notable
improvements
to
the
DeFi
space.
This
upgrade
introduces
enhanced
functionality
and
a
smoother
user
experience.
In
addition,
it
represents
a
significant
step
forward
in
improving
interoperability
within
the
crypto
sphere.

Moreover,
INJ’s
market
performance
has
reacted
positively
to
this
news,
resulting
in
increased
fanfare—injective
trades
at
$34.72,
reflecting
a
10.10%
increase
over
the
past
24
hours.
Meanwhile,
investors
are
bullish
on
INJ,
accompanied
by
an
increased
market
greed.

Injective
is
trading
214.33%
above
its
200-day
simple
moving
average,
currently
at
$11.02.
Over
the
past
year,
it
has
demonstrated
remarkable
growth,
with
its
price
soaring
by
an
impressive
503%.
This
performance
has
outpaced
88%
of
the
top
100
crypto
assets,
including
major
players
like
Bitcoin
and
Ethereum. 

1/
The
ionic
upgrade
of
the
Injective
Bridge
unveils
the
most
advanced
interoperability
solution
in
crypto.

Choose
from
16+
chains
to
bridge
into
Injective
seamlessly,
including

@Ethereum,

@Solana
and

@Cosmos,
unifying
the
largest
chains
in
the
industry.

—
Injective
????
(@injective)

April
5,
2024

One
of
Injective’s
key
strengths
lies
in
its
high
liquidity,
which
is
driven
by
its
robust
market
capitalization.
This
positive
liquidity
profile
is
further
reflected
by
its
performance
relative
to
the
token
sale
price.

In
summary,
the
Injective
Bridge
Ionic
upgrade
further
solidifies
Injective’s
position
as
a
frontrunner
in
the
DeFi
space.
With
its
continued
growth
trajectory
and
strong
market
fundamentals,
Injective
remains
a
promising
investment
opportunity.

5.
Theta
Network
(THETA)

Theta
Token
is
on
an
uptrend,
prompting
investors
to
consider
it
among
the
best
altcoins
to
invest
in
right
now.
In
the
last
intraday
session,
THETA
has
printed
a
5.88%
increase,
trading
at
$2.67.
The
token
is
positioned
100.79%
above
the
200-day
simple
moving
average,
as
its
positive
performance
further
reflects
its
potential.

Theta
Token
has
showcased
robust
growth
over
the
past
year,
surpassing
Bitcoin
and
Ethereum.
Despite
its
recent
dip,
compelling
signs
suggest
a
significant
turnaround
for
Theta
Token.
Analysts
point
towards
a
potential
golden
crossover
on
the
weekly
chart,
indicating
a
potential
long-term
trend
reversal.
Hence,
Theta
Token
could
approach
the
200-week
Exponential
Moving
Average
(EMA),
with
the
prospect
of
a
golden
crossover
bolstering
investor
confidence.

Moreover,
with
the
upcoming
Bitcoin
halving
this
month,
there’s
anticipation
for
a
further
boost
in
Theta
Token’s
price,
potentially
reaching
$5.28
at
the
38.20%
Fibonacci
level.
Likewise,
the
growing
bullish
sentiment
presents
an
intriguing
opportunity
for
THETA
traders
and
investors
to
monitor
closely.

EdgeCloud
is
coming
soon
in
Q2
w/
many
AI
models
supported
at
launch!
AI
devs
can
select
&
deploy
popular
genAI
and
LLMs
like
Stable
Diffusion,
Llama
2,
Mistral
and
many
other
open-source
models
straight
out
of
the
box,
or
deploy
their
own
custom
models.https://t.co/sdVUtweXRM

—
Theta
Network
(@Theta_Network)

March
31,
2024

Theta
Token
is
primed
for
a
potential
upswing,
supported
by
strong
technical
indicators
and
positive
market
sentiment.
However,
investors
should
track
its
developments
in
the
coming
weeks
before
deciding.

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