Best Cryptocurrency to Invest in Right Now April 10 – VeChain, BNB, Ribbon Finance

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InsideBitcoins
presents
a
daily
selection
of
potential
tokens
for
investment.
These
choices
promise
to
become
valuable
additions
to
your
watchlist
in
the
future.


Searching
the
crypto
market
for
investment
opportunities
can
be
daunting,
given
the
many
options
available.
Investors
are
actively
analyzing
various
digital
assets
to
identify
the
most
promising
options.
Moreover,
VeChain,
BNB
(Binance
Coin),
and
Ribbon
Finance
are
among
the
coins
that
draw
attention.
Each
presents
distinct
features
and
recent
developments
that
contribute
to
its
investment
appeal.


Best
Cryptocurrency
to
Invest
in
Right
Now


KuCoin
Token
is
currently
priced
at
$10.60,
experiencing
a
2.26%
intraday
increase.
Furthermore,
the
5th
Scape
ICO
has
raised
over
$4.6
million,
sparking
speculation
about
its
potential
impact
on
the
gaming
industry.
Binance
Coin
(BNB)
has
launched
the
“BNB
Chain
Meme
Innovation
Battle,”
encouraging
developers
and
creators
to
unleash
their
creativity
and
vie
for
rewards.
Meanwhile,



Bitcoin’s


value
has
experienced
a
downward
trend,
dipping
below
the
$70,000
mark. 


1.
KuCoin
Token
(KCS)


KuCoin
Token
is
a
digital
asset
that
functions
as
a
profit-sharing
token
within
the
KuCoin
exchange
ecosystem.
It
is
built
on
the
Ethereum
network
as
an
ERC-20
token
and
facilitates
profit-sharing
among
traders.
KCS
is
the
primary
token
for
KuCoin’s
various
platforms,
including
its
decentralized
exchange
(DEX)
and
KuChain.

KCS Price Chart


At
the
time
of
writing,
the
price
of
KuCoin
Token
is
$10.60,
marking
a
modest
intraday
increase
of
2.26%.
With
a
market
cap
of
$1.02
billion,
KCS
has
experienced
a
21%
increase
in
price
over
the
past
year.
Despite
this,
current
market
sentiment,
as
indicated
by
price
prediction
sentiment,
leans
towards
a
bearish
outlook.


Nonetheless,
KuCoin
Token’s
recent
performance
consistently
surpasses
its
initial
token
sale
price,
showcasing
positive
returns
for
early
investors.
Over
the
last
30
days,
KCS
has
seen
17
days
of
positive
price
movement,
accounting
for
57%
of
the
observed
period.


 The
token
is
currently
trading
11.32%
above
its
200-day
Simple
Moving
Average
(SMA),
indicating
a
bullish
mid
to
long-term
trend.
This
suggests
a
favorable
position
for
KCS
compared
to
its
historical
price
averages.


2.
5th
Scape
(5SCAPE)



5th
Scape


ICO
has
exceeded
$4.6
million,
prompting
speculation
about
its
potential
transformative
effects
on
the
gaming
industry.
Through
AAA
VR
experiences,
state-of-the-art
hardware,
and
a
versatile
token
model,
5th
Scape
aims
to
revolutionize
gaming.


Furthermore,
the
project
focuses
on
providing
cost
advantages
to
early
participants,
potentially
leading
to
future
market
capitalization
growth.
It
aims
to
raise
$15
million
to
support
the
development
of
its
proprietary
VR
hardware
and
software.
This
includes
creating
five
high-quality
games,
a
VR
headset,
and
a
motion-supported
VR
chair.


The
ICO
consists
of
multiple
stages,
each
with
an
increasing
token
price.
Currently
priced
at
$0.00285,
the
token
is
set
to
rise
to
$0.00327
soon.
This
incremental
pricing
strategy
is
designed
to
incentivize
early
participation.
The
project
has
already
gained
attention
from
other
players
in
the
Web3
gaming
industry,
with
planned
games
such
as
MMA
Cage
Conquest,
Epic
Cricket
Arena,
Immersive
Kickoff,
Archery
Master,
and
Thrust
Hunter.


Built
on
the
Ethereum
blockchain
for
its
speed
and
security,
the



5SCAPE


token
forms
the
foundation
of
the
project’s
ecosystem.
Game
developers
are
encouraged
to
contribute
by
designing
new
games
and
models,
and
they
receive
70%
of
subscription
fees
and
access
to
a
broader
customer
base.
With
a
total
token
supply
of
5.211
billion,
80%
of
which
is
allocated
to
the
presale,
5th
Scape
aims
to
attract
investors
and
stakeholders
before
the
project’s
full
launch.



Visit
5th
Scape
Presale


3.
VeChain
(VET)


VeChain
operates
on
its
blockchain
called
VeChainThor,
which
serves
as
a
public
layer-1
blockchain
network.
It
was
initially
introduced
as
VEN,
an
ERC-20
token
on
the
Ethereum
blockchain,
and
later
migrated
to
the
VeChainThor
blockchain
in
2018.
VET
functions
as
a
payment
token
within
the
decentralized
finance
(DeFi)
sector,
while
another
token,
facilitating
transactions,
fuels
the
blockchain’s
energy. 


The
network
relies
on
a
consensus
mechanism
known
as
proof-of-authority
(PoA),
where
validators
stake
at
least
25
million
VET
tokens
at
“authority
master
nodes”
and
disclose
their
real
identities.
Furthermore,
VeChain
is
involved
in
initiatives
like
VeBetterDAO,
which
aim
to
promote
adoption
among
enterprises
and
individual
users
to
drive
the
growth
of
Web3.

VET Price Chart


Ranked
42nd
by
market
cap,
VET
has
witnessed
significant
growth
since
the
start
of
the
year.
Over
the
past
month,
its
value
has
surged
by
nearly
90%,
rising
from
$0.026
to
$0.050.
Investors
who
held
VET
during
this
period
have
seen
substantial
gains.


VET
demonstrates
stability
and
high
liquidity,
evident
from
its
30-day
volatility
of
7%
and
a
volume-to-market
cap
ratio
of
0.0517,
reflecting
its
$3.38
billion
market
cap.
Additionally,
it
consistently
trades
above
the
200-day
simple
moving
average,
indicating
a
bullish
market
sentiment.
In
the
past
week
alone,
VET
has
seen
a
6.41%
increase,
showcasing
its
resilience
and
attractiveness
to
investors.


4.
BNB
(BNB)


Since
reaching
its
peak
of
$690
in
May
2021,
BNB
(BNB)
has
struggled
to
come
close
to
breaking
that
record.
Nonetheless,
recent
weeks
have
seen
BNB
exhibit
notable
bullish
indicators,
suggesting
a
potential
push
towards
the
$700
milestone.
Since
February,
it
has
witnessed
a
staggering
85%
increase,
positioning
itself
as
one
of
the
leading
cryptocurrencies
in
the
market. 

BNB Price Chart


Moreover,
BNB
trades
relative
to
the
200-day
simple
moving
average,
suggesting
sustained
upward
movement.
Additionally,
the
token
has
outperformed
its
initial
token
sale
price,
indicating
favorable
market
sentiment.
Furthermore,
BNB
has
experienced
15
consecutive
days
of
price
gains
within
the
last
30
days,
reflecting
strong
investor
interest
and
confidence
in
the
project.


Amidst
the
growing
popularity
of
meme
coins,
BNB
has
introduced
the
“BNB
Chain
Meme
Innovation
Battle,”
inviting
developers
and
creators
to
showcase
their
creativity
and
compete
for
rewards.
This
initiative
aims
to
foster
innovation
within
the
BNB
ecosystem
and
engage
the
community
in
meme-related
projects.
Notably,
the
competition
has
already
attracted
over
60
applications
since
its
launch.


5.
Ribbon
Finance
(RBN)


Ribbon
Finance
currently
trades
at
$1.732345,
with
a
24-hour
trading
volume
of
$4.36M
and
a
market
capitalization
of
$930.43M.
Over
the
past
24
hours,
RBN’s
price
has
increased
by
0.19%. 


The
sentiment
around
Ribbon
Finance’s
price
prediction
is
bullish,
coinciding
with
an
Extreme
Greed
rating
of
78
on
the
Fear
&
Greed
Index.
Ribbon
Finance
has
grown
substantially,
with
its
price
soaring
by
744%
over
the
last
year.
It
has
outperformed
92%
of
the
top
100
crypto
assets
during
this
period,
including
Bitcoin
and
Ethereum. 

RBN Price Chart


Moreover,
RBN
is
currently
trading
above
its
200-day
simple
moving
average.
Currently,
537.09
million
RBN
tokens
are
circulating
out
of
a
maximum
supply
of
1.00
billion
RBN.
In
the
DeFi
Coins
sector,
Ribbon
Finance
is
ranked
#18.


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