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

By 7 Mins Read

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On Monday, the cryptocurrency market experienced. significant selling pressure, Bitcoin plunged nearly 5% to below $60,000. This downward trend has extended to the altcoin market, affecting major assets such as Ethereum. As a result, the overall value of the entire cryptocurrency market fell by almost $1.2 billion.

Amid the extended correction period, our internal analysts have selected six promising altcoins: Bitget Token, Jito, Injective, and Ankr Network. These cryptocurrencies offer great buying opportunities for side investors looking to profit from market declines.

5 Best Altcoins to Invest in Right Now

INJ holders are strategically adjusting their portfolios in anticipation of upcoming partnership transactions. This token shows strong resilience, reflected in its Fear and Greed Index score of 81. Meanwhile, Ankr has experienced a 7% surge over the past seven days, indicating a notable shift in investor sentiment towards the token.

Solana’s recent blockchain initiatives are also gaining attention, especially Mega Dice, a gaming and gambling token that has quickly gained popularity since presales began. Mega Dice has already raised over $1 million, demonstrating significant interest in this innovative concept.

1. Injection (INJ)

Injective has established partnerships with Noble and Clusters. Injective’s collaboration with Noble will provide direct access to USDC minted on the platform, allowing users to seamlessly leverage native USDC across a variety of dApps within the ecosystem, such as HelixApp. Additionally, integration with Clustersxyz facilitates unified identity across Ethereum, Solano, and Injective.

Meanwhile, the token quickly gained traction in the cryptocurrency market despite its early stages. The project has successfully attracted numerous DeFi initiatives, strengthening the underlying infrastructure of the ecosystem. Its recent successful funding round highlights its expanding presence in the DeFi space and highlights its growing importance.

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

These developments fueled enthusiasm for $INJ, increasing its value by 9.01%. Injective is currently trading at $23.00, with a 24-hour volume of $163,000,000. Investor sentiment analysis suggests an optimistic outlook, suggesting that the upward momentum is likely to continue. 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 simplify web3 development. It provides a blockchain-based cross-chain infrastructure that promotes decentralized finance (DeFi) and application (dApp) development. Ankr is also known for Stkr, a staking protocol that supports ETH staking and provides significant liquidity to Ethereum 2.0 stakers.

Meanwhile, investors are optimistic about Ankr’s prospects, which is reflected in the bullish sentiment. This surge in positive sentiment pushed the greed score to 81, indicating strong confidence among investors and traders. Due to the general market recovery, market participants are closely tracking ANKR’s trajectory, driven by increased trading volume.

Ankr Network Price Chart

Additionally, ANKR is currently trading at $0.03197 and boasts a market capitalization of $449 million and a total value locked (TVL) of over $82 million. The current price is up 7% in the last 24 hours and is 5945.3% higher than the all-time low on March 13, 2020.

Additionally, Ankr Network is trading 91.69% above its 200-day simple moving average (SMA). These indicators indicate a strong bullish trend. Cryptocurrencies have also experienced green days on 21 of the last 30 days. Therefore, the daily closing price consistently exceeded the daily opening price.

three. Mega DICE

mega diceThe well-established casino is looking to revolutionize the GameFi sector. The token will form the cornerstone of Mega Dice’s gamification strategy by not only incentivizing existing users, but also attracting new ones. Interestingly, Mega Dice is poised to lead the crypto casino scene by introducing daily rewards based on platform performance.

Solana’s latest blockchain initiatives are gaining attention, especially Mega DICE, a gaming and gambling token that has quickly gained popularity since its pre-sale launch. Having raised over $1.5 million, Mega Dice is seeing significant interest in its innovative approach within the gaming industry.

The Mega Dice presale was very successful, surpassing significant funding milestones and demonstrating strong demand for the token. Due to its accessibility and limited availability, the $DICE token is in high demand and has generated significant interest among potential investors.

Currently, each $DICE token is priced at $0.0825. mega dice It has already sold approximately $25 million worth of $DICE tokens. Following the pre-sale, Mega Dice plans to list the $DICE token on a decentralized exchange (DEX) to further enhance its appeal and accessibility.

Visit Mega Dice Pre-Sale

4. JTO (JTO)

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

Recently, the token emerged as the leading DeFi protocol on the Solana Network, ending the week with a total value locked (TVL) of over $1 billion. This significant increase led to a significant surge in the Jito token price, rising 8.5% over the week.

JITO price chart

Despite these advancements, re-staking protocols have struggled to gain significant traction. Additionally, Jito’s recent airdrop had little impact on its short-term performance. However, JITO has recorded 20 positive price movements in the past 30 days, highlighting its strong momentum and attractiveness.

The token price is $2.43, up 1.89% over the last 7 days and up 8.12% over the last 24 hours. The token also shows strong liquidity, which is evident from its significant market cap. The market sentiment regarding Jito’s price outlook remains bullish, supported by its Fear and Greed Index score of 68 (Greed).

5. Bitget Token (BGB)

Bitget has launched three Launchpool promotions: DOPE, ZK, and ENA. Participants can earn token rewards by staking BGB or USDT, with the added benefit of being able to redeem BGB and USDT immediately after staking. This latest initiative improves the token’s resilience despite current market conditions.

Despite the brief recovery, the Bitget token is still affected by the recent market downturn, with its price dropping over the past few days. However, Bitget’s platform token, BGB, began to show signs of recovery. The token defied the usual downward trend and recorded an intraday gain of 4%.

Bitget price chart

Additionally, BGB’s price closed in the green candlestick on 18 of the 30 days, resulting in a positive ratio of 60%. The current price is $1.1, indicating a bullish trajectory. Nonetheless, the Fear and Greed Index fell to 70, reflecting a broader market decline. Meanwhile, Bitget Token has grown noticeably, surging 201% over the past year.

Considering these developments, analysts predict an upward trend for BGB. This prediction is further supported by the growing presence of Bitget Exchange. Bitget Token’s next important target is expected to be $2.10, which offers investors potential profits in a shorter period of time.

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