Top Crypto to Invest in Right Now April 6 – Sui, Polygon, Arbitrum

In
this
post,
we
highlight
high-potential cryptocurrencies that
traders
can
consider
for
investment,
catering
to
their
quest
for
the
best
options
on
any
given
day.

As
the
crypto
market
shifts,
attention
turns
to
coins
that
could
surge
in
value
during
the
anticipated
Bull
Run.
Recognizing
these
prospects
is
crucial
for
strategic
investors.
This
article
focuses
on
specific
cryptocurrencies
expected
to
grow
significantly,
providing
insight
into
the
reasons
for
their
potential
rise.

Top
Crypto
to
Invest
in
Right
Now

5th
Scape’s
ICO
funding
has
exceeded
$4
million,
fueling
speculation
about
its
potential
to
transform
the
gaming
sector.
Arbitrum’s
market
performance
has
seen
a
dynamic
trend,
increasing
by
2.67%
to
$1.47
within
the
day.
Avalanche
has
recently
been
eyed
by
investors
in
the
cryptocurrency
market,
attributed
to
a
significant
influx
of
investment
from
high-net-worth
individuals.

1.
Polygon
(MATIC)

Polygon
is
a
layer-two
scaling
solution
built
on
Ethereum
and
is
poised
for
potential
growth
amidst
the
increasing
adoption
of
Web3
protocols
and
smart
contracts.
The
altcoin
currently
boasts
a
fully
diluted
valuation
(FDV)
of
approximately
$8.6
billion,
with
a
daily
AVL
of
around
$280
million.
Despite
experiencing
a
recent
9%
dip
over
one
week
and
a
15.55%
drop
over
one
month,
MATIC
has
surged
by
59.22%
over
six
months.

This
signals
mixed
short-term
corrective
movements
but
a
significant
long-term
rise.
The
price
of
Polygon
is
currently
hovering
between
$0.96
and
$1.07,
with
speculation
that
it
may
surpass
the
$1
resistance
level.
Known
for
its
collaborations
with
various
blockchain
projects,
Polygon
benefits
from
a
thriving
ecosystem
that
drives
demand
for
MATIC. 

A
gamer’s
life.
It
travels
worlds,
without
the
ability
to
carry
legacy,
ownership,
esteem.

Until
now.@Moonveil_Studio
is
launching
a
dedicated
chain
with
Polygon
CDK,
powering
an
interoperable
web3
gaming
ecosystem.

Moonveil
will
leverage
an
aggregated
network
so
gamers
can…

pic.twitter.com/QCRyBSZx3U

—
Polygon
|
Aggregated
(@0xPolygon)

April
2,
2024

Additionally,
the
upcoming
upgrade
of
MATIC
to
POL
is
seen
as
a
promising
fundamental
development
that
could
further
boost
the
token’s
price
in
the
long
run.
Following
Ethereum’s
recent
London
hard
fork
upgrade,
the
Polygon
network
has
experienced
increased
on-chain
activity
due
to
reduced
transaction
fees. 

Market
data
indicates
that
the
Polygon
network
has
a
total
value
of
about
$1
billion
and
has
collected
fees
totaling
around
$111k
from
a
24-hour
trading
volume
of
approximately
$112
million
on
its
web3
protocols.
With
over
$9.9
billion
in
bridged
total
value
locked
(TVL),
Polygon
stands
to
benefit
from
the
growing
adoption
of
Ethereum’s
web3
ecosystem,
driven
by
institutional
investors.

2.
5th
Scape
(SCAPE)

5th
Scape‘s
initial
coin
offering
(ICO)
funding
has
surpassed
$4
million.
This
achievement
has
sparked
speculation
about
the
project’s
potential
to
revolutionize
the
gaming
industry.
Furthermore,
5th
Scape
fusion
virtual
reality
(VR)
gaming
with
blockchain
technology,
enticing
crypto
investors
who
see
promise
in
this
innovative
combination. 

????
Our
presale
has
surged
past
stage
3!

????
Join
us
now
and
delve
into
a
world
of
virtual
reality
with
our
multi-utility
token.

????
Don’t
miss
out
on
being
part
of
our
vibrant
community!

#cryptocrash

#cryptocrash

#Wormhole

#cryptocurrency

#5thScape

#Presale

#4thstage
????

pic.twitter.com/QeznEVAvFJ

—
5th
Scape
(@5th_scape)

April
4,
2024

With
over
$4
million
already
raised
in
its
ICO,
many
are
intrigued
by
the
possibility
of
5SCAPE
experiencing
substantial
growth
soon.
The
project
aims
to
create
an
ecosystem
that
seamlessly
integrates
high-quality
gaming
experiences
with
the
capabilities
of
blockchain
technology.
It
also
offers
various
immersive
VR
games,
including
realistic
sports
simulations,
combat
games,
and
racing
experiences.

One
of
the
key
features
outlined
in
5th
Scape’s
whitepaper
is
the
benefits
for
5SCAPE
token
holders,
which
include
lifetime
access
to
the
platform’s
gaming
library
and
attractive
staking
rewards.
Additionally,
the
project
plans
to
establish
a
decentralized
creator
marketplace
where 5SCAPE will
serve
as
the
primary
currency
for
transactions.
Leveraging
blockchain
technology,
5th
Scape
aims
to
introduce
a
novel
approach
to
VR
gaming. 

It
combines
it
with
the
principles
of
Web3
to
create
a
unique
user
experience.
This
ambitious
vision
appears
to
be
a
driving
factor
behind
the
significant
demand
for
the
project’s
ICO
thus
far.

Visit
5th
Scape
Presale

3.
Arbitrum
(ARB)

Arbitrum’s
recent
market
activity
reflects
a
dynamic
trend.
As
of
the
latest
update,
ARB
Coin
was
valued
at
$1.47,
showing
a
2.67%
increase
within
the
day.
However,
this
upswing
contrasts
with
a
significant
downturn
experienced
after
unlocking
1.1
billion
ARB
tokens
in
March. 

Over
the
past
20
days,
the
altcoin
has
declined
more
than
30%.
Despite
this,
there
seems
to
be
a
stabilizing
effect
around
the
$1.4
mark,
with
bullish
efforts
to
prevent
further
losses
by
maintaining
support
above
this
level.
Moreover,
current
sentiment
surrounding
Arbitrum’s
price
prediction
leans
towards
optimism,
while
the
Fear
&
Greed
Index
registers
a
value
of
75,
indicating
a
sentiment
of
“Greed”
in
the
market. 

Furthermore,
Arbitrum’s
trading
activity
is
significantly
above
the
200-day
Simple
Moving
Average
(SMA)
by
40.08%,
with
the
SMA
at
$1.038560.
This
suggests
relatively
high
liquidity
based
on
its
market
capitalization.
A
recent
development
worth
noting
is
Arbitrum’s
collaboration
with
Anchorage
Digital,
a
move
expected
to
foster
increased
institutional
adoption
and
bolster
growth
within
the
Arbitrum
ecosystem. 

We’re
pleased
to
share
that

@Anchorage
Digital
now
supports
Arbitrum,
with
governance
support
on
the
way????

This
marks
a
notable
step
towards
increased
institutional
adoption
and
growth
for
the
Arbitrum
ecosystem!

https://t.co/BObLPbDfOZ

—
Arbitrum
(????,????)
(@arbitrum)

April
3,
2024

Anchorage’s
support
for
Arbitrum
encompasses
custody
services
for
Arbitrum-based
assets
such
as
Ether,
USDC,
and
ARB.
Additionally,
“governance
support”
plans
are
in
the
pipeline,
marking
a
significant
stride
towards
enhancing
the
platform’s
functionality.

According
to
Steven
Goldfeder,
one
of
Arbitrum’s
co-founders,
Anchorage
is
among
several
crypto
custodians
facilitating
the
holding
of
Arbitrum-based
tokens.
This
partnership
underscores
the
project’s
commitment
to
expanding
its
reach
and
accessibility
within
the
digital
asset
landscape.

4.
Avalanche
(AVAX)

Recently,
Avalanche
has
received
significant
attention
in
the
cryptocurrency
market
due
to
a
notable
influx
of
investment
from
high-net-worth
investors.
These
investors,
each
holding
between
$1
million
to
$10
million
worth
of
AVAX,
collectively
acquired
nearly
52
million
AVAX
tokens.
This
acquisition
totaled
over
$2.1
billion
in
just
three
days
since
the
beginning
of
April.

This
surge
in
investment
from
crypto
whales
indicates
a
strong
confidence
in
the
potential
for
price
appreciation
of
AVAX.
Analysts
predict
a
possible
increase
of
23.5%
from
its
current
trading
price
of
$47.54.
This
potential
increase
could
reach
$60,
slightly
surpassing
the
year-to-date
high
of
$65.

Avalanche
has
demonstrated
notable
performance
metrics
in
the
crypto
market.
Moreover,
its
price
has
experienced
an
intraday
increase
of
5.88%,
reaching
$47.54.
Over
the
past
year,
AVAX
has
witnessed
a
remarkable
growth
of
168%.
Technically,
Avalanche
is
trading
above
its
200-day
simple
moving
average,
indicating
positive
momentum. 

What
are
the
key
advantages
to
building
on
Avalanche,
and
what
major
upgrades
are
coming
up
this
year?@el33th4xor
goes
in
depth
about
all
things
Avalanche
with

@AshBennington
on

@realvision!

https://t.co/cv7tgUOfPj

—
Avalanche
????
(@avax)

April
5,
2024

Additionally,
it
has
exhibited
strong
liquidity
based
on
its
market
capitalization.
Overall,
the
significant
investment
from
crypto
whales
and
the
positive
performance
metrics
suggest
a
bullish
outlook
for
Avalanche.
However,
as
with
any
investment,
investors
need
to
conduct
thorough
research
and
consider
the
associated
risks
before
making
any
decisions.

5.
Sui
(SUI)

Sui
has
recently
announced
a
strategic
integration
with
DRIFE,
a
Web3
Mobility
infrastructure
provider.
This
collaboration
aims
to
streamline
the
onboarding
process
for
users
and
ecosystem
partners
in
the
ride-hailing
sector.
Moreover,
DRIFE
seeks
to
expand
the
decentralized
mobility
infrastructure
sector
by
migrating
onto
the
Sui
Blockchain. 

Furthermore,
Sui
removes
technical
barriers
to
developers
launching
their
projects
on
the
platform.
At
the
time
of
writing,
SUI
is
trading
at
$1.63,
marking
a
4.04%
intraday
increase
and
trading
above
the
200-day
simple
moving
average.
The
token
has
exhibited
positive
performance
compared
to
its
initial
token
sale
price.

In
addition,
Sui’s
Decentralized
Exchange
(DEX)
volume
experienced
a
significant
surge,
reaching
over
$2.88
billion
in
March,
a
49%
increase
from
February.
This
increase
can
be
attributed
to
platforms
like
Cetus
and
the
wholesale
liquidity
layer
DeepBook.
Reports
from
DeFiLlama
indicate
that
Sui
recorded
over
$830
million
in
trading
activity
in
the
past
week
alone.

Since
January
2024,
Sui
has
made
substantial
strides
in
the
DeFi
space,
surpassing
a
total
locked
value
(TVL)
of
$700
million
earlier
this
week,
reflecting
a
1900%
increase
since
October
2023.
Additionally,
Sui’s
transaction
volume
continues
to
rise,
setting
a
standard
for
the
DeFi
ecosystem.

The
Road
to

#SuiBasecamp
continues!

Alongside

@4ptOLabs,
we’ve
been
hosting
Move
workshops
across
Europe.

Dive
into

#Move
and
Sui
by
watching

@QuantoxCom‘s
recap
of
our
event
in
Belgrade
earlier
last
month!

https://t.co/yXrx926E4b

—
Sui
(@SuiNetwork)

April
6,
2024

During
its
mainnet
era,
Sui
processed
an
impressive
65.8
million
daily
transactions,
setting
a
new
record
in
blockchain
history.
This
achievement
underscores
Sui’s
commitment
to
maintaining
network
reliability
and
efficiency.
SUI
has
witnessed
five
times
more
inflows
from
Ethereum
over
the
last
three
months
than
Avalanche
and
78%
more
than
Solana.
This
indicates
growing
interest
and
confidence
in
the
Sui
ecosystem
within
the
crypto
community.

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