Top Cryptocurrencies to Invest in Now June 13 – Oasis, Fetch.ai, Pendle
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Discover
the
top
cryptocurrencies
to
invest
in
now.
This
article
highlights
the
best
options
for
maximizing
your
investment
in
the
crypto
market.
The
global
cryptocurrency
market
shows
signs
of
a
slowdown,
with
Bitcoin
trading
below
the
highly
sought-after
$70,000
mark.
Moreover,
BTC
dominance
has
slightly
decreased
by
0.14%
to
54.19%
at
the
time
of
writing.
Despite
this,
several
altcoins
are
capturing
interest
and
investment.
Oasis,
Fetch.ai,
and
Pendle
are
among
the
standout
altcoins
showing
promise
for
significant
returns
amidst
other
compelling
options.
Top
Cryptocurrencies
to
Invest
in
Now
Pendle
introduces
a
novel
financial
protocol
enabling
the
tokenization
and
exchange
of
future
yields
on
Ethereum
and
Avalanche.
Concurrently,
Base
Dawgz
has
raised
over
$1
million
through
its
Initial
Coin
Offering
(ICO).
Notably,
LPT
has
shown
bullish
trends
recently,
with
a
51.71%
increase
over
the
past
month
and
an
additional
8.66%
surge
in
the
last
24
hours.
1.
Pendle
(PENDLE)
Pendle
is
gaining
attention
in
the
DeFi
space
for
its
innovative
liquidity
and
yield
generation
approach.
By
enabling
users
to
tokenize
and
trade
future
yields,
the
platform
provides
a
unique
feature
in
decentralized
finance.
Its
substantial
liquidity
suggests
strong
investor
confidence
and
potential
for
growth.
Furthermore,
Pendle
offers
a
new
financial
protocol
that
allows
tokenizing
and
trading
future
yields
on
Ethereum
and
Avalanche.
This
system
will
enable
users
to
convert
their
yield-bearing
assets
into
liquid
assets.
Essentially,
it
allows
asset
owners
to
separate
the
ownership
of
their
yield-bearing
assets
from
their
future
yields,
offering
more
flexibility
in
managing
investments.
Also,
an
on-chain
analytics
platform,
Lookonchain,
recently
reported
significant
trades
involving
PENDLE.
PT
looping
has
been
one
of
the
most
popular
strategies
in
DeFi
town,
but
the
limit
of
ETH
supply
has
placed
constraints
on
its
availability…Enter
@SiloFinance
sETH
on
Pendle
@Arbitrum:1)
sETH
(PT-ezETH
Sep2024)
2)
sETH
(PT-eETH
Sep2024)
3)
sETH
(PT-rsETH
Sep2024)
pic.twitter.com/EHjWG70LoM—
Pendle
(@pendle_fi)
June
12,
2024
A
large
whale
deposited
755,000
PENDLE,
valued
at
$3.83
million,
to
Binance
for
profit-taking.
At
press
time,
PENDLE
is
trading
at
$5.18,
according
to
CoinMarketCap.
The
token
reached
an
all-time
high
of
$7.46
on
April
11
but
has
since
pulled
back
in
line
with
the
broader
crypto
market.
Despite
this,
the
token
trades
above
the
200-day
simple
moving
average
and
maintains
high
liquidity
based
on
its
market
cap.
With
the
ongoing
expansion
of
the
DeFi
sector,
Pendle’s
innovative
solutions
and
increasing
user
base
present
it
as
a
significant
project
in
the
DeFi
sector.
2.
Base
Dawgz
(DAWGZ)
Base
Dawgz
recently
raised
over
$1
million
through
its
Initial
Coin
Offering
(ICO).
The
project
aims
to
create
a
decentralized
platform
for
easy
interactions
and
transactions
across
blockchains.
Furthermore,
the
project
uses
advanced
blockchain
technology
to
make
its
token
interoperable
with
Ethereum,
Solana,
Binance
Smart
Chain,
and
Avalanche.
Moreover,
Base
Dawgz
features
a
share-to-earn
functionality.
Users
can
earn
points
by
sharing
DAWGZ
content
on
social
media,
which
they
can
later
exchange
for
DAWGZ
tokens
once
the
presale
ends.
Well
done
to
all
the
$DAWGZ
on
raising
the
first
million????Now
we
can
take
all
of
you
skydiving????
pic.twitter.com/eIPDUTOrQ9—
Base
Dawgz
(@BaseDawgz)
June
12,
2024
Currently,
each
DAWGZ
token
is
priced
at
$0.00502.
Early
investors
can
lock
in
this
rate
before
it
increases
in
five
days.
After
the
presale,
DAWGZ
token
holders
will
have
the
option
to
stake
their
tokens.
This
means
they
can
lock
up
their
tokens
for
a
period
to
earn
additional
tokens
as
rewards.
The
returns
will
vary
depending
on
the
staking
process,
encouraging
long-term
holding
and
potentially
increasing
the
token’s
value.
The
share-to-earn
feature
aims
to
engage
the
community
further,
making
it
potentially
profitable
for
participants.
By
promoting
interoperability
and
offering
staking
rewards,
Base
Dawgz
intends
to
enhance
the
user
experience
in
decentralized
finance
(DeFi).
This
setup
seeks
to
make
cross-blockchain
transactions
more
accessible
and
appealing
to
users
looking
for
a
versatile
and
rewarding
digital
asset.
3.
Livepeer
(LPT)
Livepeer
is
a
pioneering
decentralized
protocol
for
live
video
streaming
after
its
launch.
Positioned
as
an
alternative
to
traditional
centralized
broadcasting
solutions,
the
platform
operates
on
blockchain
technology,
aiming
for
economic
efficiency
and
enhanced
user
control.
This
open-source
network
allows
users
and
developers
to
manage
and
improve
its
functionalities
actively.
Leveraging
advancements
in
digital
camera
quality,
Livepeer
utilizes
decentralized
computing
power
and
crypto-economic
incentives
to
disrupt
the
broadcasting
industry.
https://x.com/Livepeer/status/1800169750112481357
Moreover,
the
platform
features
versatility
in
applications.
It
supports
pay-as-you-go
content
consumption
and
auto-scaling
social
video
services.
Furthermore,
it
enables
uncensorable
live
journalism
and
facilitates
the
creation
of
decentralized
applications
(DApps)
incorporating
video
capabilities.
The
recent
market
performance
of
LPT
has
demonstrated
bullish
trends.
Over
the
past
month,
LPT
has
appreciated
by
51.71%,
with
an
8.66%
increase
in
the
last
24
hours,
reaching
$24.01.
The
token’s
trading
volume
is
$139,600,431,
underscoring
its
liquidity
in
the
market.
With
the
introduction
of
Livepeer’s
new
AI
Video
Subnet,
many
are
wondering
what
the
future
of
Video
+
AI
looks
like.Let’s
dive
in!????????
pic.twitter.com/G7UG1Wa5ry—
Livepeer
(@Livepeer)
June
10,
2024
Breaking
past
the
$23.56
resistance
level,
analysts
suggest
potential
testing
of
the
next
resistance
at
$27.50
in
the
near
term.
Market
sentiment
surrounding
the
token
remains
optimistic,
characterized
by
a
Fear
&
Greed
Index
reading
of
70
(Greed).
The
token
trades
above
its
200-day
simple
moving
average,
a
positive
technical
indicator.
With
a
strong
market
cap,
Livepeer
attracts
investor
attention
due
to
its
promising
trajectory.
4.
Oasis
(ROSE)
Oasis
is
a
Level
1
blockchain
designed
to
enhance
scalability
and
enable
confidential
computing.
At
its
core
is
Sapphire,
touted
as
the
first
confidential
EVA
(Execution
Environment)
catering
to
Web3
and
Decentralized
AI
developers.
This
innovation
allows
dApps
to
integrate
Smart
Privacy
directly
on
Oasis
or
other
EVM-based
chains.
The
platform
is
an
ideal
environment
for
various
applications,
including
DeFi,
AI,
GameFi,
NFTs,
the
metaverse,
data
tokenization,
and
DAO
governance.
Notably,
Oasis
incorporates
native
rollup
support
at
the
consensus
layer,
enhancing
scalability.
Recent
market
data
indicates
a
positive
trend
for
Oasis.
Trading
charts
show
a
shift
from
a
downtrend
to
a
bullish
wave,
reflecting
strong
market
interest.
Transaction
volumes
have
surged,
with
Monday’s
total
volume
reaching
$31
million,
up
from
$18
million
the
previous
day,
according
to
CoinGecko.
We
are
pioneering
the
privacy
primitives
for
Web3
&
AIOur
tech
(Oasis
Sapphire,
Oasis
Privacy
Layer,
&
the
Runtime
Off-Chain
Logic
Framework)
is
designed
for
scalable,
secure,
confidential
computingIn
case
you’re
new
here,
here’s
a
breakdown—Oasis
for
Dummies:
????????
pic.twitter.com/YKkQBHcAYz—
Oasis
(@OasisProtocol)
June
12,
2024
Moreover,
investor
sentiment
remains
bullish,
as
evidenced
by
a
Fear
&
Greed
Index
reading
of
70
(Greed).
ROSE
is
trading
significantly
above
its
200-day
Simple
Moving
Average
(SMA),
reflecting
robust
market
performance.
The
14-day
Relative
Strength
Index
(RSI)
is
52.68,
indicating
a
neutral
phase
with
potential
for
sideways
movement
in
the
short
term.
Furthermore,
with
optimistic
market
sentiment
prevailing
and
the
growing
adoption
of
blockchain
technology
in
global
financial
systems,
some
analysts
speculate
that
the
ROSE
price
could
reach
$0.267
by
next
year.
This
projection
underscores
the
platform’s
potential
amid
favorable
market
conditions.
5.
Fetch.ai
(FET)
Fetch.ai
is
a
Blockchain
project
that
leverages
artificial
intelligence
to
establish
a
decentralized
digital
economy.
Recently,
It
made
significant
strides
with
the
announcement
of
its
merger
with
ASI,
which
is
scheduled
to
finalize
today,
June
13.
This
partnership
positions
Fetch.ai
alongside
Ocean
Protocol
and
SingularityNET
to
form
the
Artificial
Superintelligence
Alliance
(AIS).
The
alliance
aims
to
challenge
Big
Tech’s
current
dominance
in
AI
projects
through
decentralized
collaboration.
As
of
today,
FET
is
trading
at
$1.648863,
marking
a
modest
2.37%
increase
in
the
last
24
hours.
Notably,
the
token’s
value
is
88.91%
above
its
200-day
Simple
Moving
Average
(SMA)
of
$0.869975,
indicating
a
bullish
trend.
Furthermore,
the
14-day
Relative
Strength
Index
(RSI)
is
62.81,
implying
a
neutral
market
sentiment
and
potential
sideways
movement.
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