Best Crypto to Buy Right Now May 7 – Tellor, Jupiter, Jito
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Cryptocurrency
traders
are
constantly
searching
for
the
most
promising
coins
to
invest
in.
In
this
article,
we
highlight
several
cryptocurrencies
with
high
buyer
potential.
Cryptocurrency
adoption
is
witnessing
increased
adoption,
with
Ethereum
aiming
to
add
updates
to
its
crypto
wallet
usage
and
Bitcoin
ETFs
recording
another
day
of
inflows.
Even
though
the
overall
crypto
market
cap
saw
a
slight
intraday
dip,
trading
volume
has
seen
an
uptick,
reinforcing
investor
confidence.
Other
market
participants
are
riding
this
wave,
searching
for
the
best
crypto
to
buy
now.
This
article
seeks
to
simplify
this
search,
offering
a
curated
list
of
such
digital
assets.
Best
Crypto
to
Buy
Right
Now
Over
the
last
six
months,
Render
has
seen
remarkable
growth,
with
its
price
soaring
by
345%.
Recently,
Jupiter
unveiled
an
integration
with
Clone,
allowing
users
to
trade
non-native
assets
on
the
Solana
Blockchain.
According
to
recent
data,
TRB
has
surged
by
over
22%
in
the
past
24
hours,
reaching
approximately
$110.79.
1.
Render
(RNDR)
Render
has
experienced
significant
growth,
with
its
price
surging
by
345%
over
the
past
six
months.
The
token
increased
31.68%
in
the
past
week,
indicating
a
strong
upward
trend.
Currently,
it
is
trading
between
$7.84
and
$10.96,
with
key
resistance
anticipated
at
$12.04
and
support
at
$5.80.
The
Relative
Strength
Index
(RSI)
is
61.34,
highlighting
robust
buying
momentum.
If
this
trend
persists,
RNDR
may
attempt
to
breach
the
resistance
level
and
continue
its
ascent.
As
of
today,
Render
is
priced
at
$1059,
boasting
an
intraday
increase
of
5.81%.
Market
sentiment
for
Render
Token
remains
bullish,
as
evidenced
by
a
Fear
&
Greed
Index
reading
of
68
(Greed).
Within
the
Ethereum
(ERC20)
Tokens
sector,
RNDR
holds
the
9th
rank
and
is
placed
1st
in
the
AI
Crypto
sector.
Over
the
past
year,
Render
Token
has
seen
an
impressive
price
surge
of
455%,
outperforming
88%
of
the
top
100
crypto
assets,
including
Bitcoin
and
Ethereum.
The
token
trades
above
its
200-day
simple
moving
average
and
has
exhibited
15
positive
trading
days
out
of
the
last
30,
reflecting
50%
green
days.
Moreover,
it
is
trading
near
its
cycle
high
and
is
considered
to
have
high
liquidity
based
on
its
market
cap.
According
to
analysts,
Render
is
poised
to
sustain
its
momentum
and
potentially
reach
new
all-time
highs
due
to
strategic
expansions
and
integrations.
Predictions
are
optimistic,
with
expectations
of
continued
growth
driven
by
smart
market
strategies,
expanding
ecosystem
utilities,
and
growing
investor
interest
in
Render’s
innovative
projects.
2.
Jupiter
(JUP)
Jupiter
recently
announced
an
integration
with
Clone
to
enable
users
to
trade
non-native
assets
on
the
Solana
Blockchain.
Tokens
such
as
DOGE,
ARB,
and
OP
can
be
effortlessly
traded
with
minimal
fees
without
bridging
these
assets.
Through
Jupiter,
users
can
seamlessly
swap
between
any
token
and
clAsset,
enhancing
flexibility
and
accessibility
within
the
platform.
This
integration
simplifies
exchanging
various
assets,
making
it
more
convenient
and
cost-effective
for
Jupiter
users.
Jupiter
specializes
in
providing
crucial
liquidity
infrastructure
for
the
Solana
ecosystem.
The
token
has
seen
a
significant
rise
in
its
price
amid
a
bullish
market
for
altcoins.
Over
the
past
week,
it
has
experienced
a
22.45%
increase,
bringing
its
market
capitalization
to
$1.53
billion.
This
surge
in
value
has
positioned
JUP’s
price
at
$1.139551,
with
a
trading
volume
of
$272.67
million
over
the
last
24
hours.
.@CloneProtocol
has
been
integrated
into
Jupiter
Routing.This
allows
you
to
trade
assets
that
aren’t
native
on
Solana,
such
as
DOGE,
ARB,
and
OP,
seamlessly
with
low
fees
and
without
needing
to
bridge.With
Jupiter,
you
can
now
swap
into
any
clAsset
from
any
token
easily.
pic.twitter.com/JHgtvNw7o6—
Jupiter
????
(@JupiterExchange)
May
6,
2024
Moreover,
the
JUP
token’s
price
has
risen
to
34,205.23%
above
its
200-day
Simple
Moving
Average
(SMA).
This
considerable
increase
reflects
the
heightened
interest
and
trading
activity
surrounding
Jupiter.
Investor
sentiment
towards
Jupiter
remains
optimistic,
as
evidenced
by
a
Fear
&
Greed
Index
reading
of
68,
indicating
a
state
of
greed
within
the
market.
This
sentiment
aligns
with
a
bullish
price
prediction
for
Jupiter,
expecting
the
token’s
value
to
reach
$1.80
and
even
$2
if
the
current
upward
trend
continues.
Furthermore,
the
key
challenge
for
Jupiter
lies
in
surpassing
a
critical
resistance
level.
If
the
ongoing
uptrend
can
break
through
this
resistance,
it
may
pave
the
way
for
further
price
appreciation.
3.
99Bitcoin
(99BTC)
99Bitcoin
has
introduced
its
native
token,
99BTC,
alongside
plans
for
a
significant
airdrop
event.
The
platform
has
been
serving
as
an
educational
hub
for
Bitcoin
and
altcoin
enthusiasts
for
over
a
decade
and
has
now
ventured
into
offering
its
cryptocurrency.
Our
$99,999
$BTC
#Airdrop
is
heating
up,
and
the
clock
is
ticking!
⏰Ensure
you’ve
crossed
off
all
the
steps
to
boost
your
chances
of
being
one
of
the
99
lucky
winners!
????Get
started
now!
????
https://t.co/ZXji0s6ACe#99Bitcoins
#Tether
#Coinbase
pic.twitter.com/cHRJ95Tpa3—
99Bitcoins
(@99BitcoinsHQ)
May
7,
2024
This
initiative
includes
an
airdrop
of
$99,999
worth
of
Bitcoin
to
community
members,
designed
to
commemorate
the
launch
of
the
99BTC
token.
The
distribution
will
benefit
99
individuals
selected
from
participants
who
fulfill
specific
entry
requirements.
The
airdrop
event
is
set
to
take
place
on
July
19th
of
this
year,
allowing
interested
individuals
76
days
from
the
current
date
to
qualify
for
entry.
The
process
involves
completing
a
series
of
tasks
outlined
by
99Bitcoins,
and
each
completed
task
increases
the
likelihood
of
being
among
the
fortunate
99
recipients.
The
announcement
follows
a
successful
presale
campaign,
which
raised
over
$1
million
for
the
99BTC
token
in
just
four
weeks.
The
token
has
gained
traction
through
extensive
promotion
across
various
prominent
crypto
media
outlets.
4.
Tellor
(TRB)
Tellor
is
a
decentralized
oracle
network
that
delivers
external
data
to
blockchain-based
applications,
specifically
those
in
decentralized
finance
(DeFi).
Its
purpose
is
to
securely
bring
off-chain
information
onto
the
blockchain,
enabling
smart
contracts
to
access
real-world
data.
Recently,
Tellor
has
seen
notable
growth
potential
due
to
its
unique
technology
and
increasing
adoption
within
DeFi
projects.
Investors
view
TRB
as
an
attractive
investment
opportunity.
As
of
the
latest
data,
TRB
has
surged
over
22%,
reaching
approximately
$110.79
in
the
past
24
hours.
Additionally,
Tellor’s
Total
Value
Locked
(TVL)
exceeded
$5
million
on
May
3,
2024.
The
current
market
cap
of
Tellor
Crypto
is
around
$284,668,810,
with
trading
volume
declining
by
4.64%.
This
recent
rise
in
Tellor’s
value
coincides
with
increased
activity
in
large-scale
cryptocurrency
transactions
involving
TRB.
Santiment
noted
a
surge
in
active
addresses
and
significant
transactions,
with
active
addresses
rising
from
131
on
May
1
to
212
on
May
6.
Transactions
over
$100,000
grew,
with
16
active
addresses
engaged
in
substantial
investments.
The
market
behavior
indicates
strong
investor
interest
in
TRB,
likely
driven
by
its
perceived
profitability
and
solid
market
dynamics.
This
trend
reflects
the
growing
importance
of
decentralized
oracle
networks
like
Tellor
in
supporting
the
expanding
DeFi
ecosystem.
5.
Jito
(JTO)
Jito
emerged
as
the
leading
decentralized
finance
(DeFi)
protocol
on
the
Solana
network
last
week,
with
a
total
volume
locked
(TVL)
reaching
$1.04
billion,
as
reported
by
DappRadar.
This
significant
growth
sparked
a
notable
surge
in
the
Jito
token
price,
which
rose
by
8.5%
intraday.
The
token
is
currently
trading
at
$3.75,
experiencing
a
2.89%
intraday
increase.
Market
sentiment
toward
Jito’s
price
prediction
remains
bullish,
aligned
with
a
Fear
&
Greed
Index
score
of
68
(Greed).
Moreover,
Jito
is
said
to
be
working
on
creating
the
“Eigen
Layer
of
Solana”
with
the
goal
of
achieving
the
same
success
and
excitement
that
the
Eigen
project’s
layer
solutions
have
generated.
If
Jito’s
team
can
successfully
execute
this
vision,
similar
levels
of
excitement
and
attention
could
be
anticipated
for
Jito.
Jito
just
passed
10M
$SOL
staked
and
is
now
the
top
spot
on
@solana
by
TVL.Shout
out
to
our
community
and
all
the
other
teams
that
stuck
around
through
the
bear.
We
see
you.accelerate
????
pic.twitter.com/OXqavMIVvl—
Jito
(@jito_sol)
May
2,
2024
However,
the
restaking
concept
hasn’t
gained
significant
traction
yet,
and
a
recent
unsuccessful
airdrop
has
not
contributed
positively
to
its
short-term
performance.
Over
the
last
30
days,
Jito’s
token
has
seen
15
days
of
positive
price
movement,
indicating
strong
momentum
and
interest.
Additionally,
Jito
boasts
high
liquidity,
as
evidenced
by
its
market
capitalization.
Read
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