Best Crypto to Buy Now July 5 – Subsquid, Hivemapper, LayerZero

The
impending
victory
of
the
Labour
Party
could
lead
to
significant
transformations
within
the
blockchain
sector.
Market
participants
anticipate
significant
growth
within
the
sector
amid
concerns
over
regulatory
changes.
Some
market
experts
expect
the
introduction
of
stringent
cryptocurrency
regulations. 

However,
other
market
commentators
expect
the
crypto
market
to
benefit
from
the
incoming
administration.
Most
market
participants
believe
this
to
be
true,
thus
searching
for
the
best
crypto
to
buy
now. 

Best
Crypto
to
Buy
Now

SQD
recently
partnered
with
MMS,
and
this
collaboration
involves
operating
dedicated
worker
nodes
within
SQD’s
decentralized
data
lake.
Meanwhile,
Orbital
highlighted
that
USDT
(Tether)
transactions
on
the
TRON
network
account
for
98%
of
all
payments
processed
by
its
clients.
Also,
the
HONEY
token
surged
over
22%
last
week
despite
a
general
market
decline.

1.
Subsquid
(SQD)

SQD,
previously
known
as
Subsquid
Network,
is
a
decentralized
data
lake
and
query
engine
designed
to
provide
developers
with
efficient
and
permissionless
access
to
data.
It
aims
to
contribute
to
building
an
open
and
neutral
internet
aligned
with
Web3
principles.
The
network’s
security
relies
on
Zero-Knowledge
(ZK)
proofs,
ensuring
data
integrity
and
privacy. 

Its
modular
architecture
facilitates
scalability
and
developer
convenience,
making
it
suitable
for
blockchain
indexing,
decentralized
application
(dApp)
development,
and
data
analytics.
Recently,
SQD
recently
partnered
with
T-Mobile
Deutsche
Telekom
MMS.
This
collaboration
involves
operating
dedicated
worker
nodes
within
SQD’s
decentralized
data
lake. 

Deutsche
Telekom
MMS’s
participation
enhances
the
network’s
security
and
efficiency
in
blockchain
data
retrieval
and
delivery.
The
network’s
infrastructure
is
being
strengthened
with
the
addition
of
dedicated
nodes,
joining
over
700
corporate
and
individual
nodes
already
in
place.

Today,
Subsquid
becomes
SQD.

Meet
our
new
brand,
marking
the
transition
from
a
years-long
R&D
period
to
an
institutional-grade
decentralized
data
access
layer.

All
the
details:

https://t.co/iWDLIRPr05

pic.twitter.com/0kcRhOwvFT

—
SQD
(@subsquid)

July
2,
2024

Worker
nodes
in
the
SQD
network
are
critical
components.
They
respond
to
user
data
requests,
including
indexers,
ensuring
swift
and
efficient
access
to
blockchain
data.
This
distributed
approach
helps
maintain
the
network’s
robustness
and
reliability.

Furthermore,
Subsquid’s
rebranding
to
SQD
reflects
the
platform’s
evolution
and
vision
for
the
future.
The
new
logo,
featuring
a
block
next
to
the
SQD,
symbolizes
the
‘data
access
layer’
the
platform
aims
to
build.
This
change
from
a
cartoon-based
theme
to
a
more
solid
foundation
underscores
the
project’s
maturity
and
commitment
to
clearly
communicating
its
values
and
long-term
goals.

2.
Hivemapper
(HONEY)

Hivemapper’s
HONEY
token
surged
over
22%
last
week
despite
a
general
decline
in
the
general
market.
Currently,
the
token
is
trading
84.18%
above
its
200-day
Simple
Moving
Average
(SMA).
Moreover,
the
14-day
Relative
Strength
Index
(RSI)
is
62.56,
suggesting
a
neutral
outlook
with
potential
for
sideways
trading. 

Over
the
past
30
days,
the
token
had
16
days
of
upward
movement.
Hivemapper
operates
in
the
DePIN
space,
positioning
itself
as
a
competitor
to
Google
Maps,
which
has
over
a
billion
monthly
active
users.
The
platform
gathers
mapping
data
through
contributors
who
use
Hivemapper
dashcams
in
their
vehicles. 

As
users
drive
and
map
roads,
these
contributors
earn
HONEY
tokens.
The
token
rewards
depend
on
the
demand
for
mapping
specific
roads.
However,
Hivemapper
faces
stiff
competition
from
established
services
like
Google
Maps
and
Apple
Maps,
which
come
pre-installed
on
smartphones. 

This
makes
it
challenging
for
Hivemapper
to
gain
market
share.
Web2
services
like
Google
Maps
do
not
typically
offer
monetary
compensation
to
their
volunteers.
Instead,
they
provide
nonmonetary
rewards
related
to
their
products
and
services.
Nonetheless,
the
HONEY
token
has
increased
in
value
as
investors
expect
higher
route
mapping
capacity.

3.
TRON
(TRX)

TRON
aims
to
establish
a
decentralized
internet,
offering
developers
a
platform
to
create
decentralized
applications
(dApps).
As
an
alternative
to
Ethereum,
TRON
allows
anyone
to
develop
dApps,
share
content,
and
earn
digital
assets
in
return.
One
of
the
platform’s
main
advantages
is
sharing
content
without
worrying
about
transaction
fees.

Furthermore,
Blockchain
payments
firm
Orbital
recently
highlighted
that
USDT
(Tether)
transactions
on
the
TRON
network
account
for
98%
of
all
payments
processed
by
its
clients.
This
preference
highlights
USDT’s
growing
dominance,
particularly
in
emerging
markets.
Users
in
these
regions
favor
transacting
in
USDT
on
TRON
due
to
its
efficiency
and
lower
costs.

TRON
outperforms
Ethereum
in
the
stablecoin
market
primarily
due
to
its
speed.
A
typical
TRON
transaction
takes
about
three
seconds,
and
the
network
can
handle
up
to
2,000
transactions
per
second,
significantly
surpassing
Ethereum’s
capabilities.
Speed
is
crucial
for
payments,
as
merchants
need
to
complete
transactions
quickly
to
serve
other
customers.

????#TRON
is
not
just
leading
the
stablecoin
market
but
also
transforming
how
businesses
operate
globally.

????
Share
of
Stablecoin
Transactions
by
Blockchain
on
Orbital:#TRON
:
97.62%#ETH:
2.12%#SOL:
0.21%#BNB:
0.05%#MATIC
:
0.01%

pic.twitter.com/ciyfyO41cV

—
TRON
DAO
(@trondao)

July
2,
2024

The
TRX
token
is
changing
hands
at
$0.1223
at
the
time
of
writing,
experiencing
a
4.58%
dip
intraday.
However,
the
token
has
risen
by
0.36%
over
the
past
week
and
is
trading
6.77%
above
the
200-day
SMA.
Moreover,
the
token
has
experienced
18
green
days
in
the
last
30
days
and
high
liquidity
based
on
its
market
cap.

4.
LayerZero
(ZRO)

LayerZero
has
experienced
a
notable
price
increase,
rising
by
19.91%
over
the
past
week.
This
token
operates
on
the
Ethereum
blockchain
and
supports
decentralized
applications
(dApps)
in
transferring
data
across
various
blockchains.
The
platform
can
send
censorship-resistant
messages
using
immutable
smart
contracts.

Despite
the
price
surge
last
week,
market
sentiment
towards
ZRO
remains
negative
at
press
time.
However,
there
has
been
a
marked
improvement
in
outlook
compared
to
previous
weeks.
If
this
trend
of
improving
sentiment
continues,
it
could
positively
influence
ZRO’s
price. 

Currently,
ZRO
is
trading
at
$3.09
and
maintains
high
liquidity
relative
to
its
market
capitalization.
Recently,
LayerZero
announced
an
integration
with
Flare.
This
collaboration
aims
to
enhance
blockchain
connectivity
and
interoperability,
expanding
Flare’s
capabilities
across
multiple
blockchain
networks. 

The
integration
highlights
Flare’s
support
for
decentralized
data
management
and
dApp
development.
By
facilitating
data
sharing
across
different
networks,
this
move
could
significantly
broaden
the
scope
and
functionality
of
dApps.

5.
Shiba
Shootout
(SHIBASHOOT)

Shiba
Shootout

presents
a
unique
Wild
West-themed
project
centered
around
its
main
character,
Marshal
Shiba,
a
cowboy-like
figure
in
the
fictional
Shiba
Gulch.
This
setting
forms
the
backdrop
for
various
features
and
activities
within
the
project.

The
standout
feature
of
Shiba
Shootout
is
its
innovative
staking
mechanism
known
as
Cactus
Staking.
This
allows
holders
to
lock
up
their
SHIBASHOOT
tokens
and
earn
rewards
over
time.
Transparency
is
key,
with
all
staking
data
available
on
the
official
dashboard
page. 

At
press
time,
the
annual
percentage
yield
(APY)
is
over
2072%,
and
over
15
million
tokens
are
already
staked.
The
digital
cactus
visually
represents
your
growing
rewards,
expanding
as
you
maintain
your
stake
for
more
extended
periods.

Furthermore,
the
project
actively
involves
its
community
through
Token
Governance
Roundups.
These
roundups
let
users
vote
on
important
project
decisions,
giving
them
a
say
in
its
development.
Additionally,
the
Lucky
Lasso
Lotteries
offer
token-based
draws,
providing
opportunities
to
win
various
prizes.

Saddle
up!

#ShibaShootout
is
more
than
a

#memecoin
it’s
a
Wild
West
crypto
adventure!
????????

Join
Marshal
Shiba
&
the
Sharpshooters
in
Shiba
Gulch
for
fun
and
excitement.
????????

pic.twitter.com/a3BFVx7u42

—
shibashootout
(@shibashootout)

July
1,
2024

The
platform
also
features
a
Savings
Saddlebags
functionality.
This
allows
users
to
automatically
transfer
a
portion
of
their
ShibaShootout
tokens
into
a
designated
wallet.
This
system
helps
participants
set
aside
tokens
for
future
use
or
investment,
promoting
long-term
savings.

Shiba
Shootout
integrates
several
innovative
and
community-focused
features
within
its
Wild
West
theme.
The
Cactus
Staking
mechanism
offers
high
APY
and
visual
progress
indicators. 

Moreover,
Community
governance
and
lottery
features
enhance
user
engagement,
while
the
Savings
Saddlebags
feature
encourages
prudent
financial
planning.


SHIBASHOOT

combines
thematic
creativity
with
practical
staking
and
saving
mechanisms
to
provide
users
with
a
comprehensive
and
engaging
experience.

Visit
Shiba
Shootout
Presale

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