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Top Cryptocurrencies to Buy Now June 24 – Kaspa, TRON, Pendle

Release: 2024/06/24 21:03 Reading: 314

Original author:Inside Bitcoins

Original source:https://coinmarketcap.com/community/articles/6679633e1a701540e03c5720

Top Cryptocurrencies to Buy Now June 24 – Kaspa, TRON, Pendle

Top Cryptocurrencies to Invest in Now

Explore the leading cryptocurrencies with high potential for investment, featuring market analysis, growth projections, and expert insights to inform your investment decisions.

Anticipating a potential bull run and the start of altcoin season, the crypto market is buzzing with positive sentiment despite a current downward trend. Altcoins are poised for a resurgence, presenting opportunities for significant portfolio growth.

This analysis presents altcoins primed for substantial growth, offering valuable insights into the upcoming market surge and helping investors identify potential game-changers.

Top Cryptocurrencies for Investment

1. Pepe Unchained (PEPU)

Pepe Unchained combines its Layer 2 blockchain technology with the Pepe meme, aiming to revolutionize the meme coin space. It seeks to enhance the trading experience for the meme coin community by reducing transaction costs and delays while rewarding early adopters, making it an attractive investment prospect.

The project has raised over $500,000 towards its $662,000 goal, indicating strong support. As the target is reached, the project anticipates a price increase with incremental value growth at each stage of the token presale, culminating in the official launch of the PEPU token.

Built on Ethereum, Pepe Unchained offers faster and cheaper transactions through its Layer 2 technology, making it the first Pepe-themed token on its chain. Additionally, it provides a staking option with a high Annual Percentage Yield (APY) of 4751% for early investors who stake their tokens.

Currently, 33 million PEPU tokens are staked, with the reward rate decreasing as more tokens are staked. This system incentivizes early participation, allowing investors to reap substantial rewards before the official token launch.

[Visit Pepe Unchained Presale](https://www.pepeunchained.com/)

2. Kaspa (KAS)

Kaspa has exhibited a notable upward trend, capturing investor attention. Priced at $0.1488, KAS has surged 13.69% over the past month according to CoinMarketCap.

This bullish performance is supported by positive price prediction sentiment and a neutral Fear & Greed Index score of 51. Kaspa trades above its 200-day moving average and near its cycle high, indicating strong market momentum. High liquidity relative to its market cap further bolsters its upward movement.

CoinW's listing of Kaspa has expanded the token's availability, facilitating trading of KAS/USDT pairs and the innovative KAS x3 ETF. To celebrate this milestone, CoinW has launched a $5,000 USDT prize pool Bounty Program, encouraging community engagement and marking Kaspa's debut on the platform.

3. TRON (TRX)

TRON aims to establish a decentralized internet ecosystem, providing tools for developers to create decentralized applications (dApps). As an alternative to Ethereum, it enables dApps development, content sharing, and digital asset compensation. Its platform also eliminates transaction fees for content sharing.

TRX has demonstrated a robust bullish trend over the past year, with a consistent growth rate of 64.24%. It currently ranks 11th among the top 100 cryptocurrencies on CoinMarketCap, with over 87 billion TRX in circulation. Its high liquidity is reflected in a volume-to-market cap ratio of 0.0449.

Valued at $0.1188, TRX has risen by 1.61% over the past week and has experienced 17 green days in the past 30. It trades 4.17% above its 200-day Simple Moving Average (SMA) of $0.114633. A neutral market sentiment is suggested by the 14-day Relative Strength Index (RSI) of 61.06.

Analysts forecast that TRX could reach a maximum price of $0.182 by year-end, with an average price of around $0.165. This projection implies a positive performance compared to its token sale price.

TRON recently announced an integration with Skate Chain, enhancing interoperability and allowing other networks to connect with TRON.

4. NEAR Protocol (NEAR)

NEAR Protocol emphasizes usability and scalability in the blockchain ecosystem. Its unique sharding approach enables high throughput and reduced costs, making it an efficient platform for decentralized applications.

Focused on developer-friendly tools and user experience, NEAR has attracted numerous projects and developers. At the time of writing, NEAR has risen by 0.04% intraday, trading at $5.36, and has experienced a 1.98% increase over the past week.

Market sentiment for NEAR is currently bullish, with the Fear & Greed Index indicating a neutral market stance. NEAR Protocol trades 235.04% above its 200-day Simple Moving Average (SMA), reflecting its high liquidity attributed to its market cap.

NEAR Protocol recently announced a partnership with Arcana to simplify dApps access and enhance user experiences. It enables developers on the NEAR network to seamlessly integrate Arcana Auth into their Web3 applications, improving functionality and accessibility.

In another significant development, the NEAR Foundation launched the Horizon AI Incubation Program, supporting six AI teams in building infrastructure and tools for user-owned AI within the NEAR ecosystem.

5. Pendle (PENDLE)

Pendle has consistently enhanced its protocol and expanded its ecosystem through strategic partnerships and developments. These initiatives have instilled confidence among investors and contributed to a rise in token price.

Pendle's cross-chain expansion has extended its reach to Ethereum, Arbitrum, Optimism, and BNB Chain, facilitating access to its services and trading functionalities on multiple platforms.

Despite the broader crypto market downturn, PENDLE has increased by about 4.41% in the past week. Its market value is approaching $1 billion, and the PENDLE community remains optimistic about its future prospects.

The Fear & Greed Index for PENDLE is at 63, indicating investor greed. The 14-day Relative Strength Index (RSI) stands at 48.46, suggesting a balanced market sentiment without signs of overbought or overselling. Pendle has also improved its ability to tokenize and trade yields through integrations with various DeFi protocols.

These advancements showcase Pendle's commitment to expanding its capabilities and improving its services, driving adoption and usage of its protocol.

[Read More: Best Crypto to Buy Now](https://www.example.com/best-crypto-to-buy-now/)

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