Top Crypto to Invest in Right Now April 13 – Ethena, Goldfinch, VeChain 

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Choosing
the



best
cryptocurrency


to
invest
in
is
an
ongoing
task,
with
new
tokens
launching
daily
on
centralized
and
decentralized
exchanges.


The
upcoming
Bitcoin
halving
is
a
highly
anticipated
event
in
the



crypto
market
.
Historical
halving
cycles
have
resulted
in
remarkable
gains
for
Bitcoin,
often
leading
to
new
record
highs.
Yet,
it’s
worth
noting
that
top
altcoins
like
Solana,
Chainlink,
and
SingularityNET
also
tend
to
experience
substantial
market
cap
surges.
Surprisingly,
certain
altcoins
surpassed
Bitcoin’s
performance
following
a
halving
event.


Top
Crypto
to
Invest
in
Right
Now


New
tokens
flood
the
market
daily
across
various
exchange
platforms
in
the
cryptocurrency
market.
As
investors
seek
to
identify
the
most
promising
opportunities,
staying
up-to-date
is
essential.
This
article
highlights
notable
cryptocurrencies
worthy
of
consideration
for
investment,
offering
a
closer
look
at
the
reasons
behind
their
potential
rise.


1.
Ethena
(ENA)


Ethena
is
a
novel
synthetic
dollar
protocol
running
on
the
Ethereum
blockchain.
It
offers
a
stablecoin
alternative
named
USDe.
Unlike
traditional
stablecoins,
USDe
doesn’t
rely
on
fiat
currencies
but
is
backed
by
cryptocurrencies. 


In
the
recent
week,
ENA
has
seen
substantial
growth,
with
its
price
climbing
from
$0.62
to
$1.50,
accompanied
by
an
increase
in
market
cap
from
$854
million
to
$1.8
billion.
This
marks
a
notable
105%
surge
within
just
one
week—a
remarkable
performance.

ENA Price Chart


The
current
trend
for
ENA
is
strongly
bullish,
with
the
token
consistently
reaching
higher
highs
and
lows.
Technical
analysis
indicates
a
promising
outlook
for
Ethena,
with
all
four
technical
indicators
signaling
positive
momentum
for
ENA.
Market
analysts
foresee
the
Ethena
price
reaching
$1.73
by
the
end
of
Q2
2024.


The
token’s
Relative
Strength
Index
(RSI)
remains
bullish,
indicating
further
room
for
growth,
especially
considering
the
liquidity
available
on
various
platforms.
Additionally,
increased
whale
activity
and
staking
rewards
further
support
potential
price
surges
soon.


2.
Bitcoin
Minetrix
(BTCMTX)



Bitcoin
Minetrix


has
gathered
substantial
attention,
raising
over
$13
million
in
its
Initial
Coin
Offering
(ICO)
phase
and
gearing
up
for
imminent
exchange
listings.
This
presale
success
highlights
a
growing
appetite
for
decentralized
avenues
to
engage
with
Bitcoin. 


Furthermore,
the
project
plans
to
disrupt
the
Bitcoin
mining
landscape
through
its
Stake-to-Mine
mechanism.
This
system
enables
users
to
stake
the
native
BTCMTX
token
in
return
for
mining
credits.
Moreover,
these
credits
can
be
utilized
for
either
Bitcoin
mining
time
or
a
portion
of
mining
yields. 


By
swapping
these
credits
for
mining
time
on
the
decentralized
Bitcoin
Minetrix
service,
holders
can
potentially
double
their
earnings
by
merging
staking
rewards
with
Bitcoin
mining
profits.
Currently
trading
at
$0.0146
per
token,



BTCMTX


offers
investors
one
day
before
the
next
price
adjustment.



Visit
Bitcoin
Minetrix
Presale


3.
Toncoin
(TON)


TON
Foundation
recently
announced
a
collaboration
with
HashKey
Globals,
sparking
interest
in
the
cryptocurrency
community,
particularly
within
the
Asia-Pacific
region.
The
partnership
aims
to
provide
users
with
a
seamless
experience
of
exchanging
Toncoin
for
cash.


This
initiative
marks
the
beginning
of
a
concerted
effort
to
establish
a
foothold
in
Hong
Kong
initially,
with
plans
for
expansion
into
other
APAC
markets
contingent
upon
the
success
of
the
initial
phase.
Moreover,
the
partnership
extends
beyond
mere
transactional
facilitation.
It
encompasses
joint
exploration
of
new
ecosystem
projects,
mentorship
opportunities,
networking,
and
other
incubation
activities.

TON Price Chart


The
collaboration
announcement
coincided
with
a
notable
fluctuation
in
Toncoin’s
value.
Following
the
news,
the
cryptocurrency
experienced
a
modest
increase
of
approximately
1.7%,
only
to
decline
by
nearly
4%
within
24
hours.
Before
the
announcement,
Toncoin
had
surged
to
a
new
ATH,
reaching
$7.65
per
token.


Also,
to
incentivize
engagement
within
the
ecosystem,
the
TON
Foundation
recently
distributed
300,000
Toncoin
to
active
meme
coin
traders
on
select
platforms.
This
airdrop,
valued
at
approximately
$2.19
million,
targeted
traders
who
conducted
transactions
between
specific
dates,
rewarding
them
with
90
free
tokens
per
eligible
wallet.


4.
Goldfinch
(GFI)


Goldfinch
operates
within
the
global
credit
space,
functioning
as
a
protocol
to
provide
stablecoin
yields
derived
from
sustainable
real-world
economic
activities.
The
platform’s
main
objective
is
to
improve
accessibility
in
DeFi
lending
by
facilitating
loans
that
accept
collateral
on
and
off
the
blockchain.
Over
the
past
24
hours,
the
GFI
token
has
grown
significantly,
currently
trading
at
$4.02
following
a
2.01%
increase.


Furthermore,
the
price
of
GFI
has
surged
by
501%
in
a
year,
surpassing
91%
of
the
top
100
crypto
assets
in
terms
of
performance
during
the
same
period.
The
sentiment
surrounding
the
token’s
price
prediction
is
currently
bullish,
while
the
Fear
&
Greed
Index
sits
at
72,
indicating
a
level
of
greed
among
investors.

GFI Price Chart


Technically,
GFI
is
trading
above
its
200-day
simple
moving
average,
suggesting
positive
momentum.
Additionally,
it
has
experienced
15
green
days
in
the
last
30
days.
Moreover,
GFI
boasts
high
liquidity
based
on
its
market
capitalization.


In
summary,
Goldfinch
is
a
promising
player
in
the
DeFi
space,
offering
a
unique
approach
to
lending
and
stablecoin
yields.
However,
investors
should
conduct
thorough
research
and
consider
the
risks
of
investing
in
cryptocurrencies
before
making
any
decisions.


5.
VeChain
(VET)


VeChain
has
recently
struck
a
$100
million
deal
with
the
Ultimate
Fighting
Championship
(UFC).
Over
the
next
five
years,
this
partnership
aims
to
broaden
UFC’s
global
reach
by
utilizing
VeChain’s
technology
to
engage
with
fans
worldwide.
The
move
signifies
UFC’s
entry
into
the
blockchain
space,
acknowledging
the
growing
impact
of
cryptocurrencies
in
sports.

VET Price Chart


This
collaboration
signifies
UFC’s
entrance
into
the
crypto
market
and
highlights
the
growing
acceptance
of
blockchain
technology.
The
partnership
also
means
VeChain
gets
access
to
UFC’s
fanbase,
which
is
ideal
for
their
growth.
The
impact
of
this
alliance
on
VET’s
market
value
is
already
evident. 


Despite
recent
market
fluctuations,
the
token
has
shown
signs
of
recovery,
trading
above
its
200-day
simple
moving
average.
Additionally,
VET
has
experienced
a
positive
trend
in
trading
activity,
with
gains
in
16
out
of
the
last
30
days,
indicating
increased
investor
interest.


Investors
are
optimistic
about
VET’s
value,
predicting
its
price
will
rise.
Moreover,
the
Fear
&
Greed
Index
shows
investors
leaning
towards
greed,
with
readings
of
72
(Greed).
In
the
coming
days,
the
effects
of
this
partnership
on
UFC’s
global
expansion
and
VeChain’s
market
presence
will
become
more
apparent.


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