Best Cryptocurrencies to Invest in Right Now June 19 – Arweave, Akash Network, Uniswap

Discover the greatest cryptocurrencies to put money into now, highlighting sturdy potential and market efficiency in at the moment’s market.

The crypto market has skilled fluctuations and is at the moment exhibiting a impartial outlook. Following the discharge of U.S. CPI knowledge and the FOMC assembly final week, Bitcoin displayed constructive actions, influencing the broader market. In the meantime, sure altcoins, together with Arweave, Akash Community, and Uniswap, have all gained momentum just lately. These altcoins have garnered consideration for his or her relevance and have exhibited vital volatility of their respective portfolios.

Greatest Cryptocurrencies to Put money into Proper Now

Ondo Finance has partnered with Drift Protocol to combine Actual-World Property (RWAs) into the Solana DeFi ecosystem. Additionally, Arweave just lately launched the AO Pc, a system designed for scalability by way of the parallel processing of duties. In the meantime, UNI continues to show a powerful market presence and constructive trajectory. 

1. Ondo (ONDO)

Ondo Finance just lately introduced its partnership with Drift Protocol, a decentralized buying and selling platform on Solana. This collaboration goals to introduce Actual-World Property (RWAs) into the Solana decentralized finance (DeFi) ecosystem. With this partnership, USDY, a stablecoin, can be utilized as collateral on Drift’s market. 

This integration permits Drift customers to have interaction in margin buying and selling and borrowing utilizing USDY, which may improve buying and selling quantity and liquidity on the platform. Moreover, it could pave the best way for extra RWA-based tokens for use as collateral in DeFi, providing merchants higher selection and reliability.

The announcement by Ondo Finance was made by way of an X publish on June 18, marking a milestone within the DeFi house. For the primary time, yieldcoins can be accepted as collateral on a platform specializing in perpetual contracts.

MANTRA’s $USDY Vault, which the Ondo Basis and MANTRA have incentivized with $ONDO and mainnet $OM, is now stay!

(NOTE: USDY just isn’t, and is probably not, provided, bought or in any other case made obtainable within the US or to US individuals. USDY additionally has not been registered underneath the US… https://t.co/GKKI1zidxo

— Ondo Basis (@OndoFoundation) June 18, 2024

Moreover, ONDO’s value enhance coincides with the current growth, inflicting its value to surge by 5.55% over the previous 24 hours, at the moment buying and selling at $1.18. The market sentiment across the token’s value exhibits rising optimism amongst buyers. Equally, the token’s Worry & Greed Index at 64 signifies rising optimism amongst buyers. 

Furthermore, the token reveals excessive liquidity, mirrored in its volume-to-market cap ratio. Additionally, the coin has skilled 15 inexperienced days within the final 30 days and is buying and selling close to its cycle excessive.

2. Akash Community (AKT)

Akash Community is restructuring cloud computing with its distinctive use of blockchain know-how. This platform is designed to be extra environment friendly, safe, and cost-effective than conventional cloud providers. It empowers customers to purchase and promote computing energy, making it a invaluable instrument for web site internet hosting or complicated calculations.

Lately, the platform’s token caught merchants’ consideration after a protracted interval of declining worth. AKR’s worth was down by about 46% prior to now month, however yesterday’s buying and selling session ended on a excessive observe, making many buyers optimistic.

The value of AKT at press time is $3.12, indicating an intraday rally of 12.10%. Its market cap has additionally elevated by 11.45%, reaching $750 million. Furthermore, investor sentiment is constructive, with the Worry & Greed Index scoring 64, indicating greed. 

In the meantime, the token trades are above its 200-day easy shifting common and have excessive liquidity primarily based on its market cap. With strong fundamentals and assist from its group, Akash Community has the potential to develop. If the present bullish developments proceed, analysts imagine that AKT may surpass $4.08 by the top of the 12 months.

3. Uniswap (UNI)

Uniswap is an Ethereum-based DEX protocol that facilitates cryptocurrency buying and selling by way of a decentralized authority. The decentralized community permits customers to swap digital belongings straight from their wallets utilizing a DeFi method.

Uniswap has generated extra charges month-to-date than different decentralized exchanges (DEXs). Insights from Token Terminal present that the community has generated twice the mixed whole of the subsequent 4 prime DEXs. 

In the meantime, UNI’s current market development reinforces its favorable place and trajectory. UNI trades at $10.27 as of press time, reflecting a 4.55% intraday rally. It has additionally elevated by 6.08% and 32.21% in its weekly and month-to-month charts.

Over 3.5M addresses have swapped on a number of chains with Uniswap 🤯 pic.twitter.com/IxOL25Tf0w

— Uniswap Labs 🦄 (@Uniswap) June 11, 2024

Furthermore, Uniswap’s Greed rating of 64 displays optimism amongst buyers and rising market sentiment. UNI is positioned 94.64% above its 200- SMA of $5.28, indicating a bullish development. In the meantime, Uniswap just lately unveiled its V2 protocol throughout a number of blockchains, together with Arbitrum, Polygon, and Optimism. 

This enlargement seeks to broaden accessibility, performance, and consumer interplay inside the community. With these constructive performances and up to date developments, analysts predict an additional enhance, projecting the token to exceed $17.22, with a mean value of $15.62 by year-end.

4. WienerAI (WAI)

WienerAI integrates synthetic intelligence (AI) with blockchain know-how to supply a novel buying and selling platform to reinforce consumer buying and selling experiences. The platform serves as a private crypto buying and selling assistant, the place customers enter standards similar to danger tolerance and goal positive aspects. The AI then scans the market to establish optimum shopping for alternatives, leveraging its pace and accuracy to detect market developments successfully.

Furthermore, WienerAI’s interface permits customers to execute trades straight inside the chat system and monitor their positions, simplifying the buying and selling course of for customers of all expertise ranges. Moreover, WienerAI introduced the launch of its new buying and selling bot, which continues to be in growth however nearing completion. 

We have simply raised $6M 🌭🚀

Thanks to our unimaginable group! Prepare for extra thrilling adventures with this little Wiener 💥🐾 pic.twitter.com/O6AdG6xrhE

— WienerAI (@WienerDogAI) June 18, 2024

In contrast to conventional buying and selling bots that supply easy responses, this bot offers potential buying and selling alternatives primarily based on predictive know-how. Customers can kind in buying and selling queries, and the bot analyzes the market to counsel worthwhile trades. 

It additionally affords detailed evaluation and reasoning for its solutions, figuring out the very best costs throughout varied decentralized exchanges (DEXs). The buying and selling bot’s impending launch has considerably boosted the challenge’s fundraising. At press time, the challenge has efficiently raised $6 million, a testomony to the sturdy investor curiosity and confidence within the platform’s potential.

Moreover, the platform’s native WAI token is bought at $0.00072 per token, with an anticipated value enhance. Early buyers who buy WAI on the present presale price may even see positive aspects when the token turns into obtainable on world exchanges.

As well as, WAI makes use of AI and blockchain know-how to supply a complicated but user-friendly buying and selling expertise. By combining market evaluation, buying and selling execution, and user-defined standards, the platform seeks to empower merchants with instruments that improve their decision-making processes and enhance buying and selling outcomes.

Go to WienerAI Presale

5. Arweave (AR)

Arweave is a decentralized community that gives everlasting knowledge storage and internet hosting providers. It operates equally to Bitcoin, utilizing an open ledger system. The protocol is well-established and broadly adopted, guaranteeing a totally decentralized ecosystem. 

Furthermore, its major use instances embody preserving vital knowledge and internet hosting internet functions. The platform offers sturdy studying, utilization, and growth alternatives.

Lately, Arweave launched the AO Pc, designed for prime scalability by enabling parallel processing of duties. In contrast to conventional sensible contract platforms like Ethereum, functions on AO Pc function independently without having a shared world state. The introduction of AO tokens, retroactively minted to AR holders, has garnered vital consideration. 

The trick to understanding @aoTheComputer?

Altering how you concentrate on consensus.

A fast explainer about how Arweave + AO = Computation.

🧵 pic.twitter.com/eOrZdOs77q

— Solely Arweave (@onlyarweave) June 18, 2024

The entire provide of $AO tokens is capped at 21 million. Along side this growth, SevenX Ventures, everVision, and BuidlerDAO have collaborated to launch a $10 million ecosystem fund supporting early-stage initiatives. These initiatives intention to broaden infrastructure, develop functions, and discover different improvements inside the AO ecosystem.

The market response has been notable, with the worth of AR rising intraday by 11.57% to achieve $27.52. Sentiment in Arweave’s value prediction is at the moment bullish, supported by a Worry & Greed Index indicating a degree of 64 (Greed). Moreover, Arweave’s present buying and selling value is 332.31% above its 200-day Easy Transferring Common (SMA), which is $6.37.

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