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Best Cryptocurrencies to Buy Now July 1 – Jupiter, LayerZero, Theta Network

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Cryptocurrency traders are constantly pursuing: Best Cryptocurrency to Buy Every day. In this post, we highlight some coins with high potential.

With the demand for promising altcoins with significant yield potential growing, several tokens have been gaining attention recently with significant increases in value.

InsideBitcoins offers a variety of tokens that are of interest to investors due to their development and growth potential. It can be beneficial to closely monitor these alternative coins, especially if the market conditions continue to improve.

Best Cryptocurrencies to Buy Right Now

These tokens are attractive investments for growth-seeking investors backed by solid technical indicators and favorable market sentiment. Investors are advised to monitor these altcoins closely, as they may represent profitable opportunities in volatile markets.

Theta Network launched EdgeCloud Elite Booster feature in Edge Node v5.0.2. At the same time, LayerZero integrated Trident3’s peer-to-peer digital identity solution, T3id. PEPU also successfully raised over $1.7 million, highlighting strong investor optimism for future growth.

1. Chainlink (LINK)

Chainlink is a pioneering network that integrates off-chain data into smart contracts to enhance their functionality. The platform has become a key player in the data processing space by connecting blockchain applications with real-world data. Its ability to attract a large number of trusted data providers underscores its importance and reliability in the ecosystem.

LINK token, one of the best ERC-20 tokens, has seen significant development activity recently. It is currently valued at $14.39, with an intraday surge of 5.35% and a weekly surge of 9.72%. Market sentiment remains neutral, with the Fear & Greed Index at 53 indicating a balanced outlook.

The Relative Strength Index (RSI) is nearing a close in the bullish zone above the neutral line, supporting the positive trend. A quick recovery is possible, as Chainlink is dominating the oracle space. The target price is set at $16.5, but broader market signals suggest some weakness.

Additionally, the high liquidity of LINK based on its market cap makes it a stable investment. The recent integration of the Chainlink CCIP (Cross-Chain Interoperability Protocol) by Alaska Gold Rush is a significant development.

This integration enables secure cross-chain interoperability between the BNB chain and the Polygon mainnet. By leveraging the arbitrary messaging capabilities of CCIP, Alaska Gold Rush will facilitate cross-chain transfers of its in-game token, CARAT, allowing it to be used across multiple chains.

2. Jupiter (JUP)

Jupiter has been gaining attention among cryptocurrency traders due to its recent significant uptrend. In a recent speech, Jupiter co-founder Meow discussed the potential relaunch of the Jupuary initiative, emphasizing the importance of community-driven decision-making.

He stressed that community input will be crucial in determining the future direction of Jupuary. He emphasized the need for this change, noting that future iterations of Jupuary will have significantly different designs.

JUP Price Chart

Jupiter is currently experiencing a positive trend in market performance. The price of JUP is $0.823 and the 24-hour volume at the time of writing is $76 million. The token is up 2.79% in the last 24 hours and up 16.74% in the last week. This upward trend in open interest suggests growing investor confidence and increased market activity around JUP.

As the cryptocurrency market braces for a potential bull market, JUP’s innovative technology and active community make it a noteworthy token. Jupiter has also upgraded Terminal to version 3, which is an open source, lite version of Jupiter.

Featuring support for Instant Routing, Smart Token Filtering, and Ecosystem Token List, users within the Solana DeFi space will now have access to features similar to Jupiter’s main user interface across integrated partners.

3. Pepe Unchained (PEPU)

Pepe Unchained It aims to revolutionize the meme coin sector by integrating the popular Pepe meme with Layer 2 blockchain technology. The project has raised over $1.7 million, indicating strong interest from investors who are optimistic about its future growth. The current pre-sale price is $0.0081939.

Built on the Ethereum Network, PEPU utilizes Layer 2 technology to facilitate faster and cheaper transactions. This makes it the first Pepe-themed token to offer these benefits. The project also includes a staking option, allowing early investors to stake their tokens and earn an annual yield (APY) of 1122%.

Moreover, Pepe Unchained aims to go beyond the typical meme coin by changing the way blockchain technology is perceived and used, combining the fun and viral nature of meme culture with significant technological advancements.

This approach positions Pepe Unchained as a potential blockchain and token to consider buying now, by integrating meme culture with advanced blockchain features. Target This project seeks to redefine the role of blockchain technology in the digital age.

Visit Pepe Unchained Pre-Sale

4. Layer Zero (ZRO)

LayerZero is designed to facilitate seamless communication between different blockchain networks. As an “omnichain” solution, it enables lightweight message passing between different chains, ensuring reliable and guaranteed message delivery. The main feature of the protocol is tunable trustlessness, enabling direct and trustless communication between blockchain networks.

LayerZero has experienced a recent downturn but is showing promising growth. Its token, ZRO, has been fluctuating between $2.96 and $3.57, showing a notable 14.27% increase over the past day. It has also shown a bullish market sentiment, showing a 31.64% increase over the past week.

THETA Price Chart

Meanwhile, LayerZero recently integrated with Trident3’s peer-to-peer digital identity solution, T3id. This collaboration will allow users to quickly identify themselves across over 70 blockchains connected via LayerZero’s infrastructure. T3id utilizes non-fungible tokens (NFTs), a model that is uniquely tied to a specific wallet and cannot be sold or transferred.

Users can use the same identity across blockchains using a “lock and mint” model, which involves locking the original NFT in a smart contract and minting an equivalent on another network. LayerZero’s ability to enable direct, trustless communication between blockchains also highlights its potential for growth and adoption in the blockchain ecosystem.

5. THETA NETWORK (THETA)

Theta Network recently introduced a new feature called EdgeCloud Elite Booster in Edge Node v5.0.2. This update allows users to earn TFUEL and partner TNT-20 tokens by performing GPU AI tasks. As a result, Edge Node earnings have increased significantly.

At the time of writing, Theta Network is trading at $1.575844, up 4.14% over the last 24 hours. Over the past year, the price has surged 110%, outperforming 62% of the top 100 cryptocurrencies.

THETA Price Chart

Additionally, the 14-day Relative Strength Index (RSI) is at 58.16, indicating that the token is currently neutral and that sideways trading may be possible. Additionally, Theta is trading above the 200-day simple moving average, which is a positive sign for long-term investors.

In addition, THETA has shown positive performance compared to its initial token sale price and shows high liquidity reinforced by its market capitalization. These factors contribute to its favorable position in the cryptocurrency market.

Additionally, the recent developments and current market performance of the project position it as a notable asset in the cryptocurrency market. The introduction of EdgeCloud Elite Booster and solid technical indicators suggest a positive outlook for the THETA token.

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