Best Crypto to Buy Right Now July 16 – MANTRA, Injective, dogwifhat
Explore the most promising digital assets to add to your investment portfolio. Our expert insights and analysis inform investors on the best crypto to buy right now, ensuring you stay ahead in the crypto market.
Numerous altcoins are positioned favorably to yield substantial returns for investors potentially. Investors are eyeing these altcoins as they present unique opportunities for growth amidst the broader market stability. This period of relative quiet could be seen as a precursor to a potential bull run, prompting heightened interest in these assets. Altcoins such as MANTRA, Injective, and dogwifhat are posting impressive price movements, placing them amongst the best crypto to buy right now .
Best Crypto to Buy Right Now
In a recent X tweet, the MANTRA ecosystem announced preparations for Season 2 of their 50 million OM GenDrop, scheduled for tomorrow. Meanwhile, Injective has recently received substantial support as Galaxy joined as a validator. This partnership is expected to further enhance the growing institutional inflow into the Injective ecosystem. Additionally, according to CoinMarketCap, WIF is currently among the top-performing tokens today, with its price surging by over 21%.
1. MANTRA (OM)
MANTRA operates on a security-focused Layer-1 (L1) blockchain designed to meet real-world regulatory standards while maintaining a permissionless environment. This focus on security and regulatory compliance makes it attractive to institutional entities and individual developers.
The OM token is one of the top-performing altcoins in the market today. It has experienced a significant 16.92% increase in 24 hours, contributing to its position among the leading crypto gainers. Its market cap has surpassed $1 billion.
Furthermore, OM has shown impressive growth recently, with a 39.82% increase over the past week and a 65.66% surge over the past month. It has recorded 17 positive trading days in the last 30 days. It further exhibits high liquidity relative to its market cap.
Market sentiment for the OM token is bullish. The Fear & Greed Index is currently at 65, indicating a state of Greed. Moreover, MANTRA’s social media accounts are active and consistently engage with their community, enhancing visibility and support.
In a recent tweet, the ecosystem is preparing for Season 2 of their 50 million OM GenDrop, scheduled for tomorrow. As the platform continues to innovate and expand its ecosystem, there is keen anticipation for potential milestones and further price appreciation in the near term.
MANTRA’s emphasis on security and regulatory compliance, coupled with strong market performance and community engagement, positions it as a notable player in the crypto space. Its upcoming GenDrop event and ongoing developments make it a token to watch.
2. 99Bitcoins (99BTC)
99Bitcoins has attracted considerable attention, raising over $2.4 million in its presale. The project is set to revolutionize crypto education by introducing the 99BTC token, a significant step in the industry’s evolution.
Market experts see this project as a substantial opportunity for users to earn money online, highlighting the innovative nature of crypto technology and its potential to transform financial models. Investors can take advantage of an annual percentage yield (APY) of 697%, with the token currently priced at $0.00113, expected to increase shortly.
Furthermore, the platform’s unique Learn-to-Earn layer, which combines gamified content with financial incentives, offers users the opportunity to gain valuable blockchain knowledge. By completing interactive courses and quizzes on the 99Bitcoins platform, users can earn 99BTC tokens directly in their wallets, making learning a rewarding experience.
With a total supply capped at 99 billion tokens, allocations include 10.5% for presale buyers, 14% for staking rewards, and 44.5% for community incentives and project growth. An ongoing airdrop campaign will reward 99 winners from over 14,745 entries, with the announcement scheduled for July 19.
The 99BTC token presents an interesting opportunity for crypto investors interested in learning and potential financial returns. This makes it the best crypto to buy right now.
Visit 99Bitcoins Presale
3. Injective (INJ)
Injective Protocol’s layer-2 decentralized exchange is making significant strides in decentralized finance (DeFi). The platform eliminates intermediaries and offers a genuinely trustless trading experience with low fees and rapid transactions. It supports seamless trading of perpetual swaps, futures, and spot markets.
The Injective ecosystem is experiencing significant growth, attracting attention from well-known crypto analysts with a positive outlook for its future. The price of INJ rose above $50 and is now trading above $22. Investors anticipate further price increases, though large cryptocurrency holders, or whales, may influence the market.
Currently, INJ’s price stands above $22, with $21 established as a new support level, which could facilitate future increases. The token trades above the 200-day simple moving average, indicating positive momentum.
Compared to its token sale price, INJ has shown positive performance and boasts high liquidity based on its market cap. Injective recently received substantial support in the DeFi space as Galaxy, a web3 institution, joined as a validator. This partnership is expected to further enhance the growing institutional inflow into the injective ecosystem.
In addition, Injective transforms DeFi by providing a trustless trading experience with low fees and fast transactions. The ecosystem’s growth and recent partnerships suggest a promising future.
4. The Graph (GRT)
The Graph aims to provide reliable decentralized public infrastructure for mainstream use. The project simplifies blockchain data access for developers building decentralized applications (dApps). Currently, it supports indexing data from Ethereum, IPFS, and POA, with plans to expand to more networks.
Recent trends show a positive reception for The Graph, reflected in growing trading volumes and increased investor interest. Furthermore, GRT is trading at $0.2085, with a 1.70% intraday increase. The token trades above the 200-day simple moving average, suggesting an ongoing uptrend.
Market sentiment towards GRT is neutral. However, the Fear & Greed Index stands at 65 (Greed), indicating a positive outlook. In the past 30 days, GRT experienced 15 green days, showing high liquidity relative to its market cap. According to Coincodex, the token could surge by 227.19%, potentially reaching a maximum trading price of around $0.713239 by August.
5. dogwifhat (WIF)
In the competitive memecoin sector, dogwifhat has emerged as a noteworthy competitor, challenging established names like Dogecoin (DOGE) and Shiba Inu (SHIB). The token’s recent market activity suggests potential opportunities for investors interested in its unique appeal.
According to CoinMarketCap, WIF is currently among the top-performing tokens today. The price of dogwifhat has risen over 21%, now trading at approximately $2.17, with its market capitalization exceeding $2.1 billion.
The current sentiment for dogwifhat’s price prediction remains neutral. The Fear & Greed Index, which gauges market sentiment, shows a score of 65, indicating a greedy market environment. Furthermore, the token trades near its cycle high and exhibits high liquidity relative to its market cap.
Moreover, WIF’s growth indicates increased investor interest and market confidence. Its strong performance and notable price increase highlight its potential as a viable investment within the memecoin sector. Meanwhile, dogwifhat’s impressive market performance and strong liquidity position it as the best crypto to buy right now in the memecoin market.
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- Best Crypto to Buy Now
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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