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Top 6 Cryptocurrencies to Buy Now for Maximum Returns! – Investor Guide
2024 has been a whirlwind for cryptocurrencies. We’ve seen a wave of new launches, exciting innovations, and even some market volatility. But now that the dust has settled and the market has found its footing, it’s a great time to reevaluate your investment strategy. This guide won’t get bogged down in every fleeting project. Instead, we’ll focus on the major established players in the cryptocurrency space, those with the potential to thrive in this new era of relative stability. Let’s navigate the exciting world of cryptocurrencies together and explore the best cryptocurrencies to buy now and why.
Best Cryptocurrencies to Buy Now
Here are the six best cryptocurrencies to buy right now for your wallet:
- 5th Landscape (5LANDSCAPE)
- Dark light (DISGUST)
- Solana (SOL)
- Cardano (ADA)
- Dots (DOT)
- Aave (AAVE)
Before investing in a cryptocurrency, it is important to understand the goals and technology of the project and how it can generate long-term returns. With that, let’s take a look at the six best cryptocurrencies to buy now and why you should invest in them.
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5th Landscape (5SCAPE)
5th Landscape has created a true VR ecosystem that includes physical VR accessories, games, and various types of content in VR-friendly format, all powered by its native token, 5SCAPE. The platform hosts various VR experiences, from movies to games, and even educational materials, all in VR-friendly format. A VR explorer can choose any content and have access to it right at their fingertips using the native token, 5SCAPE.
Click here to visit the 5thScape website
With the VR market on an unstoppable growth path and the adoption of a new user base from all over the world, there is a need for VR-friendly content in the online world that is easily accessible to everyone. 5thScape perfectly meets this need and is a godsend for cryptocurrency investors who want to profit from a growing market!
Why you should invest in 5SCAPE:
- VR on the Rise: The virtual reality market is expected to see significant growth in the coming years. 5SCAPE could be at the forefront of this expansion, offering a complete cryptocurrency-based virtual reality experience.
- Benefits for early adopters: During 5thScape’s presale, its token was cheap, giving investors an edge in the burgeoning virtual reality industry.
Growth Factor:
The main growth driver for 5SCAPE will likely be the adoption of its entire VR ecosystem. Widespread use of its online VR destination with a multitude of VR experiences would drive demand for the 5SCAPE token, increasing its value.
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Dark Light (DLUME)
Dark light is making waves in the metaverse space with a unique concept: virtual citizenship. Its platform allows users to explore intricately designed virtual countries and even acquire citizenship within them, all facilitated by the DLUME token. It also allows users to access luxurious adventures, be it virtual clubs for a vibrant nightlife experience, lush green digital landscapes to relax in, or hosting their own gala dinners or parties. A dream life that many residents of New York and Dubai love comes virtually to you.
Explore the virtual world of Darklume here!
Why you should invest in DLUME:
- The metaverse is the future: The metaverse is a rapidly developing frontier, and DarkLume’s concept of virtual citizenship offers a new way to participate. Early investors in DLUME could benefit from the growth of the metaverse and the demand for luxury virtual experiences.
- Token Utility: The DLUME token unlocks exclusive features and experiences within the DarkLume metaverse. As the platform attracts more users, the utility and value of DLUME may increase.
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Solana (SOL)
Solana prides itself on its fast transaction speeds, which are due to its unique Proof-of-History consensus mechanism. Guess which crypto network can process thousands of transactions per second (TPS)? It is none other than Solana. This type of TPS makes Solana a preferable choice for developers working on decentralized applications (dApps) that may require real-time capabilities.
Why you should invest in SOL:
- The King of Scalability: Solana is positioned at the forefront of scalability and transaction speed, potentially powering the next generation of dynamic dApps.
- It is the preferred choice of developers: With a head start on high-speed transactions, SOL could become the go-to platform for developers building new and innovative blockchain applications.
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Cardano (ADA)
Cardano takes an academic approach to cryptography. It was created by a team of math experts and engineers. This blockchain is built on a peer-reviewed foundation. Its unique approach has created a highly secure and scalable network designed to grow and adapt over time. Cardano may be the world’s first blockchain platform built entirely on peer-reviewed research.
Why you should invest in ADA:
- Rock-solid foundations: Cardano’s research-driven approach prioritizes security and scalability, providing a stable platform for future growth.
- Future-proof design: Designed for continuous improvement, ADA could benefit from the growth of the Cardano network and the addition of new features to its network.
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Dots (DOT)
Polkadot allows multiple blockchains to seamlessly interact and connect. This unique approach is creating a future where blockchains are not isolated. Instead, they function as one. The platform’s interoperability could be a game-changer for the entire crypto space.
Why you should invest in DOT:
- The future is connected: Polkadot interoperability could be a key factor in unifying multiple blockchains, creating significant ecosystem growth for DOT.
- Value proposition for developers: By providing a platform for developers to build custom blockchains (parachains) that connect to the Polkadot network, DOT could become the go-to solution for building interoperable blockchain applications. This could create a strong network effect and increase the value of DOT.
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Aave (AAVE)
Aave is a fully decentralized lending platform that completely abandons traditional methods. Using blockchain technology, Aave allows users of its platform to borrow and lend cryptocurrency tokens without the need for a central authority, creating a more open and efficient financial system.
Why you should invest in AAVE:
- DeFi Revolution: Aave is a leader in decentralized finance (DeFi), a rapidly growing sector with the potential to disrupt traditional financial institutions. Who wants to wait in line at the bank for loans when you can easily borrow cryptocurrency?
- Tokenomics at play: AAVE token holders enjoy voting rights and a share of platform fees, increasing the value of the token as Aave’s user base grows.
Why 5thScape Could Be Your Best Crypto Investment for 2024
All six of the crypto projects we explored in this article are strong contenders. However, 5thScape stands out as the most interesting investment opportunity for 2024; here’s why:
VR and Blockchain Innovation: 5thScape takes a unique approach by integrating blockchain technology with the burgeoning virtual reality market. This innovative combination positions them to capitalize on the rapid growth of virtual reality while offering a secure and transparent ecosystem powered by cryptocurrency.
The first to move has the advantage: 5thScape is the first platform to offer a complete VR experience under one roof. Unlike competitors that focus only on the VR gaming niche, 5thScape caters to a broader audience looking for diverse VR entertainment. This broader appeal attracts not only cryptocurrency investors but also regular entertainment enthusiasts, increasing the overall demand for 5SCAPE. The platform will soon add AR capabilities, which will further expand its offerings.
High demand and investor confidence: The project’s successful pre-sale, which raised nearly $7 million, demonstrates the strong belief of investors and regular users. This initial validation highlights the project’s potential.
Explosive growth potential: The broader range of utility of the 5SCAPE token within the platform has set it up for massive growth.
Limited offer
Invest in 5SCAPE now and secure a free lifetime subscription to their VR content hub for investments over $500. This offer also applies to the exchange of MATIC, BNB or ETH tokens for 5SCAPE.
As the cryptocurrency market continues to expand, investors are constantly looking for new opportunities to maximize their returns. Pepe (PEPE), a meme coin inspired by the iconic Internet character Pepe the Frog, has been a staple in the meme coin arena. However, recent developments have shifted some investors’ attention to a promising new competitor: MPEPE (MPEPE). Currently trading at $0.0007, Mpeppe is attracting significant interest from those looking to diversify and capitalize on the next big thing.
Pepe’s appeal (PEPE)
Pepecoin (PEPE) has carved out a significant niche for itself in the cryptocurrency market, largely due to its vibrant community and roots in internet meme culture. Drawing inspiration from the popular meme character Pepe the Frog, Pepe (PEPE) has captured the attention of cryptocurrency enthusiasts and meme enthusiasts alike. This fusion of humor and community spirit has been instrumental in its rise within the cryptocurrency space.
The continued success of Pepecoin (PEPE) can be attributed to its active and dedicated community. Holders of the coin are known for their enthusiastic promotion on social media platforms, which helps maintain its visibility and popularity. This strong community support has been instrumental in sustaining Pepe (PEPE)’s momentum and driving its market performance. Recent whale activity, such as a massive transfer of 9 trillion PEPE tokens valued at $82 million to Bybit, further highlights the coin’s potential for significant price movements driven by large-scale transactions.
Mpeppe (MPEPE): the rising star
Mpeppe (MPEPE) differentiates itself by merging the realms of sports and cryptocurrency. Drawing inspiration from soccer sensation Kylian Mbappé and leveraging the legacy of the Pepe (PEPE) meme coin, Mpeppe offers a unique appeal that resonates with both sports fans and cryptocurrency investors. This innovative fusion is attracting a diverse and engaged audience, fostering a vibrant community around the token.
A large ecosystem
Differentiating itself from typical meme coins, Mpeppe (MPEPE) features a robust ecosystem that includes gaming and sports betting platforms, NFT collectibles, and social interaction features. These utilities provide real value to users, creating multiple channels for engagement and investment. This comprehensive approach positions Mpeppe as more than just a meme coin, offering a richer and more engaging experience for its users.
Investment Potential of Mpeppe (MPEPE)
Strategic Tokenomics
Mpeppe (MPEPE) has been strategically priced at $0.0007, making it accessible to a wide range of investors. Tokenomics is designed to support long-term growth, with allocations for presales, liquidity, and sports activities. This strategic distribution ensures stability and promotes community engagement, positioning Mpeppe for substantial growth.
Analysts’ optimism
Market analysts are optimistic about the potential of Mpeppe (MPEPE). The coin’s innovative approach, strong community, and strategic partnerships are expected to drive significant price increases. Early investors stand to benefit from substantial returns as Mpeppe gains traction in the market. Analysts note that Mpeppe’s combination of utility and community engagement positions it well for future growth, especially as the cryptocurrency market continues to evolve.
The impact of similar competing businesses
Driving Innovation
Competition between similar assets such as Pepe (PEPE) and Mpeppe (MPEPE) is a catalyst for innovation. Each project strives to outdo the other, resulting in continuous improvements and new features. This dynamic competition benefits investors, offering them better and more advanced products.
Market diversification
Having multiple competing assets in the market promotes diversification. Investors have more options to choose from, which can help spread risk and potentially increase returns. The presence of strong contenders like Pepe (PEPE) and Mpeppe (MPEPE) ensures a vibrant and resilient crypto ecosystem.
Increased market interest
Competition between similar assets also generates increased market interest. As projects compete for attention, they attract more investors and media coverage, leading to increased visibility and adoption. This increased interest can drive further investment and growth in the sector.
The Future of Mpeppe (MPEPE)
Strategic development
Mpeppe (MPEPE) has a clear and ambitious roadmap for the future. Development plans include expanding its gaming and sports betting platforms, launching new NFT collections, and forming strategic partnerships. These initiatives are designed to improve user experience and drive market growth.
Community Growth
The success of Mpeppe (MPEPE) will largely depend on its ability to build and sustain a strong community. By focusing on engagement and providing valuable utility, Mpeppe aims to foster a loyal and active user base. This community-driven approach is expected to play a significant role in its long-term success.
Conclusion: A New Horizon for Meme Coin Investors
In conclusion, while Pepe (PEPE) has established itself as a significant player in the meme coin market, Mpeppe (MPEPE) offers a fresh and innovative approach that is capturing the interest of investors. With its strategic pricing, comprehensive ecosystem, and potential for high returns, Mpeppe (MPEPE) represents an exciting opportunity for those looking to diversify their cryptocurrency portfolios. As always, investors should stay informed and consider multiple factors before making investment decisions. Embrace the potential of Mpeppe (MPEPE) and join the journey to new rewards in the cryptocurrency world.
For more information on the pre-sale of Mpeppe (MPEPE):
Visit Mpeppe (MPEPE)
Join and become a member of the community:
Italian: https://t.me/mpeppecoin
Italian: https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
- The Golem project has moved over $124 million in ETH for staking.
- Ethereum staking frenzy has increased ahead of the launch of spot ETH ETFs in the US.
Ethereal [ETH]The Project Golem-based distributed computing marketplace has joined the ETH staking frenzy.
On July 11, contrary to its recent sell-off, the company reportedly staked 40K ETH worth over $124.6 million, according to Lookonchain data.
Golem Network has confirmed its Ethereum staking initiative and said its purpose was to “create space” to help participants contribute to the network.
“The Golem Ecosystem Fund is officially launched today! We have staked 40,000 ETH from Golem’s treasury. This will create a space where developers, researchers, and entrepreneurs can bring their ideas to life and contribute to the Golem Network and its ecosystem!”
Ethereum Staking Frenzy
The staking frenzy has infected Ethereum, with just days to go until the potential launch of a spot ETH ETF in the United States. Recently, an unmarked address blocked over 6K ETH.
The Golem project’s decision to lock up 40K ETH on July 11th pushed the total ETH locked up to Chain of lights at an all-time high of 47.5 million ETH, worth over $140 billion based on market prices at press time.
Beacon Chain is Ethereum’s system that manages the validation of new blocks.
Source: Etherscan
According to a recent AMBCrypto relationshipIncreased ETH staking ahead of the debut of the ETH spot ETF in the US has underscored bullish sentiment.
More ETH has been moved from exchanges, further strengthening bullish expectations.
Meanwhile, from a short-term perspective, many addresses were losing at the $3.2K and $3.5K levels. Investors could try to take a profit if they break even.
These prices represent key levels to watch in the short term.
Source: IntoTheBlock
Next: Why Bitcoin Must Surpass $61K Soon, According to Analysts
As the cryptocurrency space turns bearish, giants like Chainlink and Fantom are facing setbacks with declining trends for LINK and FTM. Amid these changes, BlockDAG emerges as a prime target due to its promising pre-sales and long-term prospects. This Layer-1 project boasts an innovative Low Code No Code ecosystem, attracting investors with potential ROIs exceeding 30,000x. The pre-sales momentum has already accumulated over $57.6 million, driven by growing investor enthusiasm.
Impact of Chainlink’s Recent Token Release
Chainlink’s recent move to release 21 million LINK tokens, worth approximately $295 million, from its dormant supply contracts has significant market implications. This release sent 18.25 million LINK to Binance, fueling speculation that the price will drop. LINK is currently trading at $13.64, approaching its critical support at $13.5, with the potential to drop to $10 if this level breaks.
These releases, increasing the circulating supply above 600 million LINK, have previously maintained price stability, but the prevailing bearish conditions could alter this trend. With 391.5 million LINK pending release, market caution persists.
Fantom (FTM) Market Position Dynamics
Fantom experienced a strong buying spree last November, but its valuation has been challenging lately. After peaking near $1.20 in March, subsequent resistance and profit-taking pushed its price lower. FTM recently dipped below the crucial $0.600 mark but found some ground around $0.500. Fantom is currently valued at $0.559 with a market cap of $1.67 billion and daily trading volume of $257.56 million.
The Fantom Foundation’s decision to award over 55,000 FTMs quarterly to major dApps on the Opera network has invigorated user participation. Indicators such as RSI and MACD suggest a possible bounce if it surpasses the $0.600 mark. Failure to break above the 200-day EMA could prolong the bearish outlook.
BlockDAG Pre-Sale Triumph and Innovative Platform
BlockDAG’s pioneering low-code/no-code platform enables the seamless creation of utility tokens, meme tokens, and NFTs, catering to a broad user base. Its intuitive templates allow enthusiasts to quickly launch and customize projects, thereby democratizing blockchain development and accelerating market entry.
The cutting-edge features of this platform have attracted cryptocurrency investors, significantly increasing the interest in the presale. BlockDAG has successfully raised over $57.6 million, witnessing a 1300% escalation in the coin’s value from $0.001 to $0.014 in its 19th batch. This impressive rise underscores the immense return potential of BlockDAG for early backers.
Additionally, BlockDAG’s commitment to expanding its ecosystem extends to supporting the development of decentralized apps. This fosters a wide range of new projects in the blockchain domain, from digital art platforms to tokenized assets, enriching the blockchain ecosystem.
Key observations
While Chainlink and Fantom are currently navigating bearish trends due to token releases and resistance hurdles, BlockDAG’s innovative low-code/no-code framework positions it as an attractive investment option. With a presale raise of over $57.6 million and prices skyrocketing 1300% in recent batches, BlockDAG shows tremendous potential for returns of up to 30,000x. Amidst the market volatility impacting Chainlink Tokens and Fantom, BlockDAG stands out as a promising avenue for cryptocurrency traders.
Sign up for BlockDAG Pre-Sale now:
Website: https://blockdag.network
Pre-sale: https://acquisto.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: Italian: https://discord.gg/Q7BxghMVyu
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the reliability, quality and accuracy of any material in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your own research and invest at your own risk.
The DEX aggregator Anger Trading is about to issue its RAGE token on the new Layer 1 blockchain Hyperliquid. The token sale is scheduled for August 7, with 20 million tokens out of a total supply of 100 million available on Fjord Foundry at a fixed price of $0.30.
Additionally, the “Rage Quit” feature has been introduced, which allows private investors to get their allocation early by accepting a 60% cut.
RAGE will be among the first tokens to be launched on Hyperliquidmarking a significant moment for this new blockchain. Let’s see all the details below.
DEX News Rage Trade: New RAGE Token Arrives on Hyperliquid
As expected, decentralized exchange (DEX) aggregator Rage Trade has announced the issuance of its new token ANGER. The launch is happening through a liquidity generation event and token sale on Fjord Foundry, scheduled for August 7th.
The token will be launched on the newly launched layer 1 blockchain Hyperliquidwhich has rapidly gained popularity due to its decentralized perpetual exchange.
Rage Trade currently aggregates platforms such as GMX, Synthetix, Dydx, Aevo and Hyperliquid, allowing traders to manage their positions across multiple blockchains and earn incentives.
During the event, 20 million RAGE tokens will be sold at a fixed price of $0.30, while another nine million will be used to inject liquidity into Hyperliquid.
Additionally, six million tokens have been reserved for future market making and product development incentives.
The token will have a total supply of 100 million, with 20% earmarked for sale and 30% for community treasury. The latter is subject to a 12-month lock-up period and a 24-month linear release.
The “Rage Quit” feature introduces a deflationary mechanismThis allows private investors and recipients of the air launch to receive their assignment after an initial three-month stalemate, accepting a 60% cut.
Rage Trade has chosen Hyperliquid as the platform for its token after the network became the preferred choice of users of the Anger Aggregatorwith over 1,300 users generating $445 million in volume.
Hyperliquid surpasses dYdX in TVL
Hyperliquid, the exchange decentralized based on Referee, recently introduced a new points program, which has catalyzed significant growth in total value locked (TVL) on the platform.
According to data from DefiLlama, Hyperliquid has reached a TVL of $530 million, surpassing dYdX’s $484 million and reaching a new all-time high.
This figure places Hyperliquid in second place among derivatives platforms, just behind GMX, which maintains a TVL of $542 million.
Rounding out the top five platforms by TVL are Solana-based Jupiter with $415 million and Drift with $365 million. Hyperliquid had a stellar year in 2024, jumping from eighth to second place in just six weeks.
This rapid increase was largely attributed to the new Hyperliquid points program, which launched on May 29.
The points program provides for the distribution of 700,000 points weekly for four months. With an additional 2 million points awarded for activity between May 1 and May 28.
Despite community criticism over the decision to extend the incentive program and delay the token launch and airdrop, the platform has continued to attract numerous traders.
From Perpetual DEX to Layer 1
Steven, founding member of Capital Yuntwhich has backed some of the largest cryptocurrency firms, including Zerion, noted that Hyperliquid has distributed approximately 51 million points in four periods.
He further stressed that the project aims to reward its early adopters and move from simply being a perpetual DEX to a true Layer 1:
“The team is clearly making an effort to communicate that Hyperliquid is an L1 and not just a DEX for derivatives.”
Furthermore, he highlighted that the token holders PURSUE were significantly rewarded, with a 23% increase in the token’s value.
PURR was the first spot token launched on Hyperliquid and looks set to continue receiving attention and incentives from the platform.
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