Top Cryptocurrencies to Buy Now June 17 – Maker, TRON, Toncoin
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InsideBitcoins
analyses
top
cryptocurrencies
worth
considering
for
your
portfolio
and
potentially
ideal
for
buying.
Discover
their
unique
features
and
growth
potential.
The
crypto
market
has
experienced
strong
bearish
price
action
over
the
past
week,
indicating
increased
negative
sentiment.
Major
crypto
tokens
have
seen
significant
corrections,
contributing
to
uncertainty
about
future
price
movements.
Nonetheless,
some
altcoins
have
shown
significant
price
activity
and
significant
volatility.
Exciting
developments
and
emerging
innovations
shape
the
market’s
future,
offering
fresh
opportunities
for
investors
and
traders.
This
suggests
a
growing
interest
among
investors
in
these
tokens
to
maximize
profits.
Top
Cryptocurrencies
to
Buy
Now
BEFE
has
recently
outperformed
several
other
meme
coins,
surging
over
201.05%
in
the
past
week.
Meanwhile,
Sealana
has
already
raised
over
$4
million,
with
only
18
days
remaining
before
the
end
of
its
presale.
Furthermore,
the
TON
blockchain
has
experienced
significant
growth,
with
its
total
value
locked
(TVL)
reaching
$609.78
million
today.
Additionally,
MKR
is
trading
at
$2,343.28,
marking
a
0.61%
increase
in
the
past
24
hours.
1.
BEFE
(BEFE)
BEFE
has
recently
outperformed
several
other
meme
coins,
surging
over
201.05%
in
the
past
week.
With
a
live
market
capitalization
exceeding
$26
million,
BEFE
is
currently
trading
at
approximately
$0.0002853.
Also,
the
14-day
Relative
Strength
Index
(RSI)
is
at
67.49,
indicating
a
neutral
stance
and
the
possibility
of
sideways
trading.
Moreover,
the
token
has
adopted
a
gradual
and
practical
approach,
effectively
reaching
its
primary
target
audience
and
building
the
BEFE
ecosystem.
The
BEFE
community,
known
as
the
‘BEFERS,’
is
expanding
rapidly
and
now
includes
over
600,000
members.
This
growth
strategy
has
resonated
with
investors,
who
see
potential
in
BEFE
as
a
promising
investment
opportunity.
Furthermore,
analysts
suggest
that
the
recent
28.38%
dip
in
BEFE’s
price
offers
investors
a
chance
to
buy
the
dip
before
a
potential
significant
breakout.
With
a
strong
community,
practical
growth
strategy,
and
recent
market
movements,
BEFE
appears
to
be
an
option
for
investors
looking
to
capitalize
on
its
growth
potential.
2.
Sealana
(SEAL)
Sealana
is
a
notable
project
within
the
Solana
ecosystem.
Its
presale
is
underway,
having
already
raised
over
$4
million.
With
only
18
days
left,
the
presale
offers
SEAL
tokens
at
$0.022
each,
creating
a
sense
of
urgency
among
potential
investors
eager
to
purchase
at
this
initial
price.
What
better
way
to
show
your
love
of
Lambos,
Massive
Gains
&
Freedom
than
getting
a
#USA
tattoo
to
show
for
it!
????????
#Sealana
knows
what’s
best
for
American
made
#Memecoins
and
has
a
plan
to
make
them
great
again!
????Send
$SOL
????
and
let
him
be
an
example
for
all
#Degens!????
#MAGA
pic.twitter.com/B4aBZ2wEbI—
Sealana
(@Sealana_Token)
June
14,
2024
The
appeal
of
Sealana
lies
in
its
humorous
and
culturally
relevant
theme.
The
project
features
a
chubby
seal
mascot
reminiscent
of
characters
from
South
Park,
which
has
attracted
a
broad
audience.
This
playful
branding
has
significantly
contributed
to
its
growing
popularity.
Furthermore,
the
platform
was
initially
launched
on
the
Solana
blockchain
and
has
since
expanded
to
support
multi-chain
functionality,
including
the
BNB
Chain
and
Ethereum
blockchain.
This
allows
investors
to
purchase
SEAL
tokens
across
different
platforms.
In
addition,
once
the
presale
concludes,
SEAL
tokens
will
be
airdropped
to
investors
in
preparation
for
their
listing
on
decentralized
exchanges.
This
event
is
highly
anticipated,
with
some
crypto
analysts
predicting
a
substantial
increase
in
the
token’s
value
upon
its
DEX
launch.
The
SEAL
project
has
also
built
a
strong
community,
with
over
10,000
followers
on
X
and
over
9,000
members
on
its
Telegram
channel.
This
growing
and
engaged
community
reflects
the
token’s
appeal.
3.
Maker
(MKR)
Maker
is
the
governance
token
for
MakerDAO
and
the
Maker
Protocol,
which
is
used
to
vote
on
the
operational
decisions
of
the
organization.
Both
are
based
on
the
Ethereum
blockchain,
allowing
users
to
create
and
transact
with
the
DAI
fiat-collateralized
cryptocurrency.
MakerDAO
recently
added
a
Direct
Deposit
DAI
Module
(D3M)
to
Spark’s
MetaMorpho
Vault,
creating
a
decentralized
financial
system.
This
will
enable
Spark
to
provide
500
Million
DAI
to
Ethena’s
USDe
/
sUSDe
markets,
which
are
tied
to
DAI.
Furthermore,
MKR
is
changing
hands
at
$2,343.28
at
press
time,
a
0.61%
increase
in
the
past
24
hours.
The
Fear
&
Greed
sentiment
of
the
token
is
currently
neutral,
with
a
Fear
&
Greed
Index
reading
of
71
(Greed).
Recently,
MakerDAO
deployed
a
D3M
to
Spark’s
MetaMorpho
Vault,
enabling
@sparkdotfi
to
allocate
500
million
DAI
to
Ethena’s
USDe
and
sUSDe
markets
paired
with
DAI.In
collaboration
with
@BlockAnalitica,
this
thread
details
how
top-tier
risk
management
ensures
the
financial…
pic.twitter.com/urUQW5OtKC—
Maker
(@MakerDAO)
June
14,
2024
In
addition,
the
token
price
trades
34.46%
higher
than
its
200-day
Simple
Moving
Average
(SMA)
of
$1,747.94.
Its
volume-to-market
capitalization
ratio
is
0.0475,
implying
high
liquidity.
0475.
Moreover,
its
current
market
cap
is
$2.18
billion,
and
its
24-hour
trading
volume
is
$103.57
million.
The
14-day
Relative
Strength
Index
(RSI)
is
58.74,
indicating
a
neutral
position
and
potential
for
sideways
trading.
4.
Toncoin
(TON)
The
TON
blockchain
has
experienced
significant
growth,
with
its
total
value
locked
(TVL)
reaching
$609.78
million
today.
This
new
TVL
is
up
from
$300
million
just
three
weeks
ago,
according
to
DefiLlama
data.
This
surge
is
driven
mainly
by
TONOpenLeague,
which
has
incentivized
user
participation
and
project
engagement
through
substantial
rewards.
Also,
heightened
interest
in
meme
coins
has
boosted
TON
decentralized
exchanges
(DEXs)
activity.TON
blockchain
has
gained
attention
as
Telegram’s
preferred
platform
for
integrating
Web3
technologies.
Recently,
the
TON
token
achieved
an
all-time
high
(ATH)
price
of
$8.24,
briefly
surpassing
$8
before
undergoing
a
correction.
Currently,
the
token
is
trading
at
$7.89,
reflecting
a
1.95%
decrease
in
the
last
24
hours.
State
of
#TON
DeFi
Q1
2024
????TVL
has
seen
significant
growth
—
an
impressive
7x
increase!
????This
growth
is
primarily
driven
by
@TONOpenLeague,
which
has
been
boosting
user
engagement
with
massive
rewards
for
both
users
and
projects.
Additionally,
memecoin
hype
has
sparked…
pic.twitter.com/ngbFWIFFa9—
TON
????
(@ton_blockchain)
June
17,
2024
Nonetheless,
the
token
surged
10.16%
in
the
past
week.
Furthermore,
market
sentiment
towards
TON
remains
bullish,
supported
by
a
Fear
&
Greed
Index
reading
of
71
(Greed).
In
addition,
the
token
consistently
trades
above
the
200-day
simple
moving
average.
With
15
positive
trading
days
in
the
past
month,
TON
demonstrates
strong
market
sentiment
and
growing
user
engagement,
positioning
itself
as
a
promising
candidate
for
future
market
uptrends.
This
reflects
increasing
demand
and
the
potential
for
further
growth
in
the
cryptocurrency
market.
5.
TRON
(TRX)
TRON
aims
to
decentralize
the
internet
through
its
blockchain-based
operating
system.
This
platform
enables
content
creators
to
share
their
work
directly
with
consumers,
bypassing
middlemen
and
reducing
costs.
Additionally,
TRON
has
made
significant
advancements
in
the
entertainment
sector
of
the
decentralized
internet.
Over
the
past
year,
its
value
has
risen
by
64.74%,
indicating
growing
investor
confidence
and
increased
activity
on
its
network.
Despite
recent
global
market
downturns,
the
token
has
shown
resilience
with
minor
growth.
TRX
has
increased
by
0.38%
in
the
past
week
alone,
currently
trading
at
$0.1173,
above
its
200-day
simple
moving
average.
#TRONICS,
did
you
know?
#TRC20–#USDT
circulation
has
exceeded
59.8
billion!
????The
#TRONNetwork
is
dedicated
to
building
wider
adoption,
ensuring
more
people
can
benefit
from
the
power
of
blockchain
and
stablecoins.
????
pic.twitter.com/6pnY5H7pz5—
TRON
DAO
(@trondao)
June
16,
2024
Furthermore,
market
sentiment
analysis
suggests
a
bearish
outlook
for
TRON’s
price.
However,
the
Fear
&
Greed
Index
reflects
a
sentiment
of
greed
at
71.
Also,
analysts
predict
that
TRX
could
potentially
reach
a
maximum
price
of
$0.182
and
an
average
price
of
around
$0.165
by
2024.
The
rise
of
decentralized
applications
(dApps)
on
the
TRON
platform
is
expected
to
drive
increased
demand
for
TRX
in
the
foreseeable
future.
With
TRON’s
steady
growth
and
anticipated
developments
in
dApps,
TRX
remains
a
cryptocurrency
of
interest
for
investors
looking
at
long-term
potential
in
blockchain
innovation.
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