5 Best Altcoins to Invest in Now June 25 – Injective, Jito, Bitget Token, Ankr Network

On Monday, the cryptocurrency market experienced significant sales pressure, with Bitcoin falling nearly 5% below $60,000. This downward trend has extended to the altcoin market, affecting major assets such as Ethereum. As a result, the overall crypto market saw a combined decline of nearly $1.2 billion in value.

Amidst the extensive correction, our internal analysts have selected 6 promising altcoins such as Bitget Token, Jito, Injective and Ankr Network. These cryptocurrencies provide an excellent buying opportunity for investors on the sidelines looking to take advantage of the market decline.

5 Best Altcoin to Invest in Right Now

INJ holders are strategically adjusting their portfolios in anticipation of an upcoming partnership deal. The token exhibits strong resilience, reflected in a Fear and Greed Index score of 81. Meanwhile, Ankr has experienced a 7% rise over the past seven days, indicating a significant shift in investor sentiment towards the token.

Furthermore, Solana’s recent blockchain initiatives are attracting attention, especially Mega Dice, a gaming and gambling token that has rapidly gained popularity since the presale began. Mega Dice has already raised over $1 million, highlighting significant interest in this innovative concept.

1. Injectable (INJ)

Injective has forged partnerships with Noble and Clusters. Through its collaboration with Noble, Injective gets direct access to USDC issued on the platform, enabling users to use native USDC seamlessly across multiple dApps within the ecosystem, such as HelixApp. Also, integration with Clustersxyz facilitates a unified identity across Ethereum, Solano and Injective.

Meanwhile, the token, despite its early stages, quickly gained attention in the crypto market. The project has successfully attracted numerous DeFi initiatives, strengthening its ecosystem’s foundational infrastructure. Recent successful funding rounds highlight its growing presence in the DeFi space, highlighting its growing significance.

Moreover, it is 4th in the AI ​​crypto category. The token also has high liquidity based on its market capitalization. Injective is also trading 266.48% above the 200-day simple moving average. This indicates positive performance compared to its token sale price and is trading near its cycle high.

Brand new website just dropped for the Injective Builder House!

The exclusive event will bring together the best developers, institutions and companies in the entire Web3 during @EthCCweek.

Register here: https://t.co/JvUu2Qj58o pic.twitter.com/X3qndZ7wtB

— Injective 🥷 (@injective) June 20, 2024

These developments fueled enthusiasm around $INJ, causing a 9.01% increase in its value. Currently, Injective is trading at $23.00, with a 24-hour trading volume reaching $163 million. Investor sentiment analysis points to a bullish outlook, suggesting the potential for continued upward momentum. As a result, the Greed score rose to 81, reflecting increased buying pressure.

2. Ankr Network (ANKR)

Ankr Network is a unique project developed to streamline web3 development. It provides a blockchain-based cross-chain infrastructure that facilitates decentralized finance (DeFi) and application (dApp) development. Ankr is also known for its staking protocol, Stkr, which supports ETH staking and provides significant liquidity for Ethereum 2.0 players.

Meanwhile, investors are optimistic about Ankr’s prospects, reflected in a bullish sentiment. This surge in positive sentiment boosted the Greed score to 81, indicating strong investor and trader confidence. The general market recovery has also led to market participants closely following ANKR’s trajectory, driven by increasing transaction volumes.

Furthermore, ANKR is currently trading at $0.03197, with a market cap of $449 million and over $82 million in total value closed (TVL). The current price represents a 7% rise in the last 24 hours and an impressive 5,945.3% rise from its all-time low on March 13, 2020.

Web3 is all about decentralized interactions 🌐 and leveraging distributed systems for the benefit of all ✨

Ankr RPC endpoints power these interactions with reliable, high-speed and often free service 🚀

Connect today 🔗https://t.co/lliCbHbzx7

— Ankr (@ankr) June 25, 2024

Additionally, Ankr Network is trading 91.69% above the 200-day Simple Moving Average (SMA). These statistics indicate a strong bullish trend. The crypto has also experienced 21 green days out of the last 30. Therefore, the daily closing price consistently exceeded the daily open price.

3. Mega Dice (DICE)

Mega Dice, a well-established casino, aims to revolutionize the GameFi sector. This token not only stimulates existing users, but also attracts new ones, forming a cornerstone of Mega Dice’s gamification strategy. Interestingly, Mega Dice is poised to lead the way in crypto casinos by introducing daily rewards linked to platform performance.

Solana’s recent blockchain initiatives are attracting attention, most notably Mega Dice (DICE), a gaming and gambling token that has quickly gained traction since its presale launch. With over $1.5 million raised, Mega Dice is showing significant interest in its innovative approach within the gaming industry.

The Mega Dice presale was exceptionally successful, surpassing significant funding milestones and illustrating strong demand for its token. Due to their accessibility and limited availability, $DICE tokens are highly sought after, generating significant interest among potential investors.

Experience Happy Hour on #CopaAmerica and #EURO2024 tournaments every Tuesday and Saturday, 16:00-21:00 UTC! 🏆

Double Tournament Points until July 13th! ⚽️

Check out Mega Dice casino for incredible betting and unbeatable odds! 🔥

Join now 👇https://t.co/FjIFjfAnCY pic.twitter.com/2GF8olHDCJ

— Mega Dice Casino (@megadice) June 25, 2024

Currently, each $DICE token is priced at $0.0825. Mega Dice has already sold nearly $25 million worth of $DICE tokens. After the presale, Mega Dice plans to list $DICE tokens on decentralized exchanges (DEXs), which could further strengthen their appeal and accessibility.

Visit Mega Dice Presale

4. Jito (JTO)

Jito’s team has unveiled plans for the ‘Eigen Layer of Solana’ project, which aims to emulate the success of Eigen’s layered solutions. The successful launch of this project could potentially replicate the excitement and attention that drove a significant rally in the token’s price.

Recently, the token emerged as the leading DeFi protocol on the Solana network, ending the week with a total value closed (TVL) of over $1 billion. This significant increase caused a significant surge in the price of the Jito token, which rose by 8.5% over the week.

Despite these developments, the reset protocol has struggled to gain significant traction. Also, Jito’s recent airfall had little impact on his short-term performance. However, JITO recorded 20 positive price movements in the last 30 days, underlining its strong momentum and appeal.

Viral apps can change a landscape in less than 6 months.

Who is building the app that will onboard 100 million people to @solana?

jm https://t.co/GnJteVGFSP

— Jito (@jito_sol) June 21, 2024

The token is priced at $2.43, reflecting a 1.89% increase over the past seven days and an 8.12% rise in the past 24 hours. Moreover, the token shows strong liquidity, which is evident from its considerable market capitalization. Market sentiment towards Jito’s price outlook remains optimistic, supported by a Fear and Greed Index score of 68 (greed).

5. Bitget Token (BGB)

Bitget launched three Launchpool promotions: DOPE, ZK and ENA. Participants can stake BGB or USDT to earn token rewards, with the added benefit of redeeming BGB and USDT immediately after staking. This recent initiative has improved the token’s resilience despite current market conditions.

Despite a brief recovery, the Bitget token is still suffering the effects of the recent market downturn, which has resulted in a drop in price over the past few days. However, Bitget’s platform token, BGB, has started to show signs of recovery. The token defied the prevailing downtrend, posting a 4% intraday gain.

Furthermore, BGB recorded 18 out of 30 days with its price closing in green candlesticks, reflecting a notable 60% positivity rate. It is currently priced at $1.1, indicating a bullish trajectory. Despite this, the Fear and Greed index fell to 70, reflecting the broader market decline. Meanwhile, Bitget Token has grown significantly, rising 201% in the past year.

Given these developments, analysts expect an upward trend for BGB. This prediction is further supported by the expansion of Bitget Exchange’s presence. The next significant target for Bitget Token is projected to be $2.10, offering potential gains for investors within a shorter time frame.

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