Top Cryptocurrencies to Buy Now May 20 – NEAR Protocol, The Graph, Theta Network

This
article
analyzes
the


latest
market
trends

and
blockchain
developments,
providing
insightful
recommendations
for
investors
looking
to
capitalize
on
digital
assets.

Each
day,
Insidebitcoins
carefully
evaluates
various
cryptocurrencies
to
identify
the
most
promising
investment
options.
We
analyze
the
latest
market
trends,
stay
abreast
of
blockchain
developments,
and
monitor
the
evolving
market.
Therefore,
with
the
potential
for
greater
returns,
it’s
worth
exploring
NEAR
Protocol,
The
Graph,
and
Theta
Network.
These
cryptocurrencies
have
been
generating
significant
buzz
recently,
attributed
to
their
strong
market
performance
and
ongoing
developments.

Top
Cryptocurrencies
to
Buy
Now 

Arweave
has
drawn
significant
market
interest,
with
the
token
priced
at
$48.79,
marking
a
3.24%
price
increase.
Similarly,
The
Graph
has
recently
experienced
a
9.70%
increase
in
the
past
few
weeks,
aligning
with
a
broader
market
recovery.
Meanwhile,
NEAR
Protocol
has
attracted
significant
attention
from
investors
due
to
its
impressive
uptrend.
The
coin’s
value
has
steadily
risen,
surpassing
previous
benchmarks
and
indicating
strong
demand.

1.
Arweave
(AR)

Arweave
has
drawn
significant
market
interest,
which
is
seen
in
its
recent
price
movements.
At
the
time
of
writing,
the
token
is
priced
at
$48.79,
marking
a
3.24%
price
increase.
The
price
prediction
for
Arweave
is
currently
positive,
with
the
Fear
&
Greed
Index
showing
a
score
of
70,
indicating
greed.

Moreover,
the
token
trades
above
its
200-day
simple
moving
average,
suggesting
a
long-term
upward
trend.
The
coin
has
had
17
green
days
in
the
last
30
days
and
is
trading
near
its
cycle
high.
This,
combined
with
high
liquidity
based
on
its
market
cap,
indicates
strong
market
confidence
and
active
trading.

Furthermore,
Arweave’s
network
activity
has
reached
unprecedented
levels.
The
network
recorded
over
700
million
transactions
in
April,
highlighting
significant
adoption
and
usage.
The
project
is
on
track
to
reach
1
billion
transactions
by
the
end
of
May,
highlighting
its
rapid
expansion
and
growing
user
base.

AR’s
price
movements
and
robust
network
activity
indicate
considerable
market
interest
and
adoption.
The
coin
demonstrates
strong
market
performance
with
its
trend.
The
bullish
sentiment
and
significant
transaction
volumes
suggest
continued
growth
and
utilization
of
the
Arweave
platform.

2.
Dogeverse
(DOGEVERSE)

Dogeverse

aims
to
unite
Doge
investors
across
multiple
blockchains
and
has
raised
over
$15
million
in
preparation
for
its
upcoming
launch.
This
funding
supports
a
multi-chain
ecosystem
to
promote
community
engagement
and
reward
token
holders.

The
project’s
development
is
divided
into
five
phases,
with
the
first
two
phases
already
completed.
Initially,
the
project
launched
its
website
and
established
social
media
channels.
This
was
followed
by
the
commencement
of
a
presale
nearing
its
conclusion.

In
Phase
3,
Dogeverse
will
allocate
presale
funds
to
marketing
efforts
to
enhance
brand
visibility.
The
project
also
plans
to
seek
listings
on
cryptocurrency
comparison
platforms
like
CoinMarketCap
and
CoinGecko,
which
will
help
potential
investors
evaluate
the
project
more
efficiently.

So
this
is
travelling
through
the
Milky
Way
????#Memecoins

#Altcoins

#Web3

#Solana

#Crypto

pic.twitter.com/aplHFkQBCr

—
DogeVerse
(@The_DogeVerse)

May
18,
2024

Furthermore,
Phase
4
involves
pursuing
decentralized
exchange
(DEX)
platform
listings
and
subscribing
to
DEX-specific
research
and
analytical
tools.
The
final
phase
will
focus
on
listing
on
centralized
platforms
and
introducing
additional
community
incentives.

Dogeverse
has
attracted
investors
with
its
staking
mechanism,
where
token
holders
are
rewarded
for
maintaining
their
holdings.
Currently,
stakers
can
earn
an
annual
percentage
yield
(APY)
of
53%,
with
about
30
billion
tokens
already
staked.
In
addition,


Dogeverse

aims
to
create
a
robust
multi-chain
ecosystem
that
encourages
community
engagement
and
rewards
its
token
holders. 

Visit
Dogeverse
Presale

3.
NEAR
Protocol
(NEAR)

NEAR
Protocol
has
attracted
significant
attention
from
investors
due
to
its
impressive
uptrend.
The
coin’s
value
has
been
on
a
steady
rise,
surpassing
previous
benchmarks
and
indicating
strong
demand.
It
is
trading
at
$7.84,
reflecting
an
intraday
increase
of
1.40%. 

In
addition,
NEAR
is
trading
390.43%
above
its
200-day
simple
moving
average
(SMA),
highlighting
its
robust
long-term
performance.
The
14-day
Relative
Strength
Index
(RSI)
for
the
token
is
40.43,
suggesting
that
it
is
currently
neutral
and
may
trade
sideways.
Nonetheless,
the
token’s
momentum
remains
relatively
balanced,
indicating
stability
in
its
price
movement.

Hey
n̵e̵r̵d̵s̵
incredible
Web3
developers,

Learn
just
how
powerful
Chain
Signatures
are
on
NEAR
Protocol
and
how
they
can
unlock
the
true
vision
of
a
multichain
future.

Penned
by

@mattdlockyer
of

@proximityfi

https://t.co/Vv6xoMAmyv

—
NEAR
Protocol
(@NEARProtocol)

May
16,
2024

Furthermore,
NEAR
Protocol
recently
announced
a
strategic
partnership
and
integration
with
CodeXchain,
a
significant
development
in
making
blockchain
development
more
accessible.
Leveraging
NEAR’s
sharded
blockchain
and
user-friendly
environment,
CodeXchain
enables
users
to
create
various
blockchain-based
assets,
such
as
tokens,
NFTs,
websites,
and
applications,
without
coding
skills. 

Moreover,
this
integration
allows
developers
to
showcase
their
creativity
and
implement
their
ideas
on
the
blockchain
easily.
The
token’s
recent
performance
and
partnerships
position
it
favorably
for
future
growth.
With
its
focus
on
scalability
and
accessibility
for
developers,
NEAR
aims
to
capture
market
interest
further
and
drive
innovation
within
the
blockchain
ecosystem.

4.
The
Graph
(GRT)

The
Graph
has
recently
experienced
a
9.70%
increase
in
the
past
few
weeks,
aligning
with
a
broader
market
recovery.
Technical
analysis
suggests
the
token
has
entered
a
bullish
phase,
surpassing
the
$0.3
threshold.
Analysts
maintain
a
positive
outlook,
anticipating
further
growth
towards
the
$0.35
mark,
representing
the
next
supply
level.

Furthermore,
GRT’s
price
has
experienced
a
bullish
momentum,
adding
approximately
2.61%
within
the
past
24
hours.
The
20-day
Exponential
Moving
Average
(EMA),
currently
at
$0.29,
confirms
an
upward
trajectory. 

Additionally,
the
Relative
Strength
Index
(RSI)
has
risen
positively,
signaling
bullish
potential.
As
demand
for
AI
projects
like
The
Graph
increases,
especially
after
the
AI
boom,
investors
are
presented
with
opportunities
to
engage
in
the
market
and
explore
its
potential. 

In
Q1
2024,
The
Graph
Network
saw
substantial
growth
in
queries,
reaching
an
all-time
high
of
over
1.5
billion,
up
65%
from
just
shy
of
1
billion
in
Q4’23.
This
growth
accompanies
updates
recently
shipped
by
core
devs,
enabling
developers
to
easily
take
advantage
of
low
cost,…

pic.twitter.com/tBWbAYF6ei

—
The
Graph
(@graphprotocol)

May
14,
2024

The
GRT
token
has
demonstrated
a
positive
trend
in
the
year-to-date
price
chart,
witnessing
a
substantial
increase
of
156.91%.
In
addition,
The
Graph
has
performed
favorably
compared
to
its
initial
token
sale
price. 

Furthermore,
it
maintains
high
liquidity
relative
to
its
market
cap,
ensuring
efficient
trading
activity.
The
token’s
recent
performance
suggests
a
positive
outlook
for
investors
seeking
opportunities
in
the
cryptocurrency
market.

5.
Theta
Network
(THETA)

Theta
Network
is
a
Web3
blockchain
infrastructure
catering
to
video,
AI,
and
entertainment.
The
platform
also
facilitates
decentralized
peer-to-peer
video
delivery.
Users
earn
THETA
tokens
by
sharing
computing
resources,
potentially
reshaping
online
streaming
by
eliminating
the
need
for
centralized
content
delivery
networks.

The
current
price
of
THETA
is
$2.30
per
token,
marking
a
6.31%
increase
within
the
day.
Over
the
past
week,
THETA
has
surged
by
13.81%,
while
its
monthly
performance
reflects
a
7.33%
increase.
The
Theta
Token
price
prediction
sentiment
is
currently
bearish,
with
a
Fear
&
Greed
Index
indicating
70
(Greed). 

Moreover,
THETA
currently
trades
73.35%
above
the
200-day
SMA,
which
is
$1.329240.
It
has
experienced
a
price
increase
of
166%
in
the
last
year,
outperforming
66%
of
the
top
100
crypto
assets
and
surpassing
Bitcoin
and
Ethereum.
Analysts
predict
that
THETA
could
reach
a
maximum
price
level
of
$3.28,
with
an
average
price
of
around
$2.97,
by
the
end
of
2024. 

Additionally,
they
believe
if
the
crypto
market
experiences
a
major
bearish
trend,
the
token
could
reach
a
minimum
price
of
$2.79.
As
AI
technology
advances
and
garners
more
adoption,
Theta
Network
may
witness
substantial
growth
in
its
price
and
market
cap.

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