5 Best Altcoins To Invest In Today June 7 – Gorilla, Taiko, Bitget, ConstitutionDAO
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The
crypto
market
is
buzzing
with
excitement
as
investors
seek
cost-effective
entry
points.
The
recent
surge
in
activity
is
partly
due
to
the
approval
of
the
Spot
Ethereum
ETF.
The
approval
has
had
a
ripple
effect
on
the
market,
causing
bullish
sentiment
among
altcoins.
Consequently,
investors
are
now
searching
for
the
best
altcoin
to
buy.
This
article
explores
the
most
promising
altcoins
today.
It
also
offers
crucial
insights
for
those
looking
to
capitalize
on
the
current
upswing.
5
Best
Altcoin
to
Buy
Now
Among
the
tokens
experiencing
significant
growth
are
Gorilla
Taiko,
Bitget,
and
ConstitutionDAO.
Gorilla
recently
gained
attention
for
its
impressive
performance
blending
meme
features
and
real-world
use
cases.
Taiko
has
witnessed
several
notable
developments
despite
being
launched
a
few
weeks
ago.
Furthermore,
Mega
Dice,
a
gaming
and
gambling
token,
has
rapidly
gained
market
popularity
since
its
presale
commenced.
Mega
Dice
has
raised
over
$1.4
million,
indicating
significant
interest
in
this
novel
concept.
This
analysis
seeks
to
show
why
investors
are
paying
attention
to
the
project.
1.
Taiko
(TAIKO)
Taiko
is
a
permissionless,
open-source
ZK-Rollup
developed
to
address
the
Ethereum
network’s
high
transaction
fees
and
scalability
issues.
The
platform
features
over
100
DeFi,
gaming,
social,
infra,
tooling,
and
other
protocols.
The
token
has
witnessed
several
notable
developments
despite
being
launched
a
few
weeks
ago.
In
the
24
hours
following
the
token’s
TGE,
the
trading
volume
on
the
DTX
soared
to
$10
million,
with
TVL
accumulated
over
$7
million.
With
this
TVL,
DTX
has
become
the
most
robust
and
liquid
exchange
for
trading
of
the
top
native
assets
on
Taiko.
Notably,
the
South
Korean
cryptocurrency
exchange
announced
plans
to
support
three
new
trading
pairs
for
Taiko.
The
developers
have
also
launched
the
“Trailblazers
campaign”
to
offer
exclusive
rewards
to
users
who
partake.
This
campaign
follows
an
airdrop
where
5%
of
Taiko’s
ICO
was
distributed
to
all
users.
In
the
24
hours
following
the
$Taiko
TGE,
the
trading
volume
on
the
DTX
soared
to
$10
million,
with
TVL
accumulated
over
$7
million,
supporting
the
biggest
liquidity
pool
for
$Taiko.With
this
TVL,
DTX
has
become
the
most
robust
and
liquid
exchange
for
trading
of
the
top
native…
pic.twitter.com/avC4T60dDe—
DTX
(@0xDTX)
June
6,
2024
The
current
price
of
TAIKO
is
$2.67.
Despite
a
slight
dip
in
the
last
seven
days,
the
token
is
up
20%
over
the
previous
48
hours.
Recent
technical
analysis
suggests
Taiko
is
trending
bullish,
with
the
average
50-day
moving
average
sloping
up.
This
indicates
a
strong
trend
in
favour
of
the
token.
Meanwhile,
the
Relative
Strength
Index
is
below
the
30-70
neutral
zone.
The
RSI
indicates
that
the
price
is
in
an
oversold
zone.
This
could
lead
to
a
potential
reversal
and
a
rise
in
the
price
of
Taiko.
Analysts
have
predicted
that
Taiko
could
reach
$4.598
by
the
end
of
2024
2.
ConstructionDAO
(PEOPLE)
ConstitutionDAO
is
a
decentralized
autonomous
organization
that
has
been
attracting
investors’
interest
since
its
launch.
The
project
started
as
a
joint
venture
to
purchase
a
rare
copy
of
the
United
States
of
America’s
Constitution.
This
single-focused
purpose
saw
several
investors
contribute
to
the
cause,
giving
the
token
massive
exposure
even
outside
of
the
U.S.
However,
during
the
auction
at
Sotheby’s,
the
DAO
lost
the
bid
to
Keneth
Griffin.
While
Griffin
would
go
on
to
win
the
bid
at
$43.2
million,
the
DAO
quickly
cast
a
vote
that
decided
the
token
should
be
discontinued
since
its
objective
was
not
met.
The
positive
trend
in
the
overall
crypto
market
has
rubbed
off
on
ConstitutionDAO,
which
continues
to
post
positive
metrics.
It
has
a
bullish
market
sentiment
and
an
RSI
value
hovering
around
the
overbought
region.
The
token
is
predicted
to
explode
if
it
maintains
its
current
momentum
and
recaptures
its
ATH
value.
Over
the
previous
24
hours,
the
token
has
seen
a
4.57%
uptick
at
a
value
of
$0.1226.
It
trades
above
its
50-day
and
200-day
SMA
and
has
displayed
15
green
days
in
the
last
30.
Investors
considering
short-term
trades
might
consider
the
token.
3.
Mega
Dice
(DICE)
Mega
Dice,
an
established
casino,
aims
to
transform
GameFi.
This
token
rewards
current
users
and
attracts
new
ones,
playing
a
crucial
role
in
Mega
Dice’s
gamification
plan.
Remarkably,
Mega
Dice
plans
to
become
the
pioneer
in
crypto
casinos,
offering
daily
rewards
based
on
platform
performance.
Solana’s
recent
blockchain
ventures
are
gaining
notice.
Among
them
is
Mega
Dice
(DICE),
a
gaming
and
gambling
token
swiftly
gaining
popularity
since
its
presale
commenced.
Mega
Dice
has
raised
over
$1.4
million,
indicating
significant
interest
in
this
novel
concept.
The
Mega
Dice
presale
has
been
remarkably
successful
thus
far.
The
project
has
achieved
a
substantial
funding
milestone,
demonstrating
a
strong
demand
for
its
token.
Due
to
their
accessibility
and
limited
availability,
people
are
keen
to
acquire
$DICE
tokens.
At
present,
each
$DICE
token
is
priced
at
$0.075.
Those
interested
can
link
their
wallets
and
swap
SOL,
ETH,
or
BNB
for
$DICE
tokens.
Mega
Dice
has
sold
19,966,538
worth
of
$DICE
to
date.
$DICE
presale
has
raised
$1.4
Million
????Current
tier
price:
0.075
????
Current
presale
target:
$2M
????We’re
implementing
multiple
tiered
price
increases,
so
make
sure
to
secure
your
#DICE
early!
Don’t
forget,
you
can
now
utilize
your
$DICE
directly
in
our
Web
and
Telegram…
pic.twitter.com/VAsI6u27aD—
Mega
Dice
Casino
(@megadice)
June
7,
2024
Meanwhile,
they
have
allocated
15%
for
player
airdrops,
15%
for
liquidity
pools,
and
15%
for
the
Casino’s
$DICE
pool.
Another
10%
will
serve
as
rewards
for
token
stakers,
and
the
remaining
10%
is
earmarked
for
marketing
and
other
agreements.
Mega
Dice
ensures
that
the
presale
is
inclusive.
Post-presale,
they
aim
to
list
$DICE
tokens
on
decentralised
exchanges
(DEXs),
potentially
enhancing
their
popularity.
4.
Gorilla
(GORILLA)
GORILLA
combines
meme
virality
with
significant
utility.
It
uses
this
unique
interaction
to
build
a
platform
offering
an
investment
opportunity
beyond
traditional
meme
tokens.
The
token
was
developed
by
the
Bored
Ape
Yacht
Club
team,
which
continues
to
develop
more
utilities
for
the
ecosystem.
Gorilla
distinguishes
itself
through
an
innovative
IDO
Launchpad.
The
Launchpad
offers
strategic
advantages
to
early
investors
and
a
DEX
swap
featuring
advanced
stop/loss
functions
to
optimize
trading
experiences.
The
NFT
collection
associated
with
the
token
aims
to
rival
industry
giants
like
the
“Bored
Ape
Yacht
Club,”.
Meanwhile,
GORILLA
has
jumped
over
59.57%
over
the
previous
month
to
trade
at
$0.005187.
The
recent
increase
has
seen
the
token
erase
its
downward
slope
of
the
previous
seven
days.
In
the
last
24
hours,
a
cycle
of
higher
highs
and
higher
lows
has
been
charted
for
the
4-hour
chart.
Consequently,
a
formation
of
a
positive
trend
line
has
emerged,
indicating
more
upticks
in
the
coming
days.
The
token
has
succeeded
in
overcoming
the
resistance
level
of
$0.006388.
If
it
continues
to
trade
above
this
trendline,
it
could
soon
flip
the
$0.007366
resistance
into
support.
GORILLA
could
go
as
high
as
$0.008531
if
the
bullish
pressure
persists.
Furthermore,
Gorilla’s
4-hour
chart
suggests
it
might
keep
climbing
in
the
next
12
hours.
Also,
the
Moving
Average
Convergence
Divergence
and
the
RSI
are
showing
bullish
signs,
which
traders
have
interpreted
as
a
sign.
Meanwhile,
the
RSI
is
well
above
50,
which
suggests
the
token
still
has
a
lot
of
bullish
strength.
5.
Bitget
(BGB)
Bitget
has
launched
three
consecutive
Launchpool
promotions,
including
ZK,
DOPE,
and
ENA.
Users
can
stake
BGB
or
USDT
to
earn
massive
rewards
that
can
be
redeemed
instantly.
The
announcement
helped
propel
the
token’s
value
into
the
top
gainers.
Recent
market
trends
have
caused
an
uptick
in
trading
volume,
causing
Bitget
to
post
a
6%
increase
over
the
month.
The
token
trades
at
134.78%
above
the
200-day
Simple
Moving
Average
(SMA),
pegged
at
$0.36521,
indicating
its
bullish
trend.
Moreover,
the
Fear
&
Greed
Index
has
reduced
to
70,
aligning
with
the
broader
market
decline.
BGB
has
closed
with
green
candlesticks
for
20
of
30
days.
Furthermore,
the
token
has
increased
significantly
by
157%
last
year.
It
outperforms
60%
of
the
top
100
cryptos,
including
Bitcoin
and
Ethereum.
????
Exciting
moments
at
#GMVN2024
this
morning
with
@bitgetglobal
and
@BitgetWallet
!????????
We’re
thrilled
to
share
some
highlights
from
our
booth.
Don’t
miss
out
on
the
chance
to
win
amazing
rewards
–
come
visit
us
at
the
Bitget
at
Booth
G2
today
and
participate
in
our…
pic.twitter.com/0Ilkzw8WCb—
Bitget
Vietnam
(@bitgetvietnam)
June
7,
2024
Following
this
upsurge,
investors
anticipate
an
upward
trajectory
for
BGB
as
the
token
expands
its
ecosystem.
Meanwhile,
the
next
key
target
for
BCG
is
projected
to
be
$2.20,
delivering
possible
profits
within
a
shorter
timeframe.
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