5 Best Altcoins to Buy Now on June 19th – Fetch.ai, Toncoin, Conflux, Immutable
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Stakeholders are starting to pay more attention to interoperability and security. Real Asset Tokenization. Despite the bearish sentiment in the market, the value of these altcoins is surging. The goal is to identify the best altcoins for investors to invest in.
As expectations grow for a bull market this year, investors need to know the important altcoins that can benefit from the market. This article outlines altcoins that are gaining popularity in the growing cryptocurrency market. These coins have unique features and the potential to generate huge profits for investors.
5 Best Altcoins to Buy Now
Immutable X holders are constructing their portfolios ahead of the proposed partnership transaction. The token shows strong resilience, with a Fear and Greed index of 76. Meanwhile, Fetch.ai’s impressive 16% surge in 24 hours signals a clear shift in investor sentiment towards the token.
In addition, Bitcoin’s blockchain venture has recently been attracting attention. Among them is 99Bitcoins, a learning token that quickly gained popularity after pre-sales began. 99Bitcoins has raised over $2.2 million, indicating significant interest in this new concept.
1. Conflux (CFX)
Meta Intelligence and Conflux have signed a partnership agreement to launch digital human NFTs. These NFTs are based on real individuals and provide an innovative way to access the metaverse. The team also announced an upgrade to Hydra version 2.3.5. This upgrade enhances node compatibility, stability, and transaction processing while providing faster reboots and improved snapshot support.
The price of CFX indicates that the bulls have triggered solid buying pressure, with CFX flipping selling confidence towards $0.19. Further analysis shows that sellers are fiercely defending against a decline, with 24-hour trading volume rising to $11.2 million, indicating heightened interest in trading activity today.
Meanwhile, CFX is trading at $0.18 today, up 3.7% in the last 24 hours. The RSI-14 trend line rose above the center line at the last level, suggesting a more bullish trend. Moreover, the SMA-14 level suggests volatility due to the market cap in the coming hours.
🎁 The NFT released this time is divided into standard edition and copyright edition. Users who own the standard edition will receive a commemorative frame containing the same NFT image. Copyright edition holders will receive a luxury gift package as well as… pic.twitter.com/ogCBHfHP8U
— Conflux Network Official (@Conflux_Network) June 17, 2024
Moreover, hourly price movements show that Conflux is struggling to hold immediate support. However, bulls are expecting further recovery in the coming hours. If CFX price successfully maintains momentum above $0.2085, it will likely see a bullish move towards $0.2425.
Moreover, the MACD movement formed a bullish candle above the signal line. The MACD indicator targets positive momentum to strengthen the confidence of long position holders. Moreover, the recent approval of a spot Ether ETF may stimulate a surge in Chinese cryptocurrency tokens, and we may see CFX prices rise in the coming days.
2. Fetch.ai (FET)
Elon Musk’s tweet supporting cryptocurrency AI had a huge impact on Fetch.ai’s position and growth. Meanwhile, the token has joined forces with SingularityNET and Ocean Protocol to form the Artificial Superintelligence Alliance. The alliance is scheduled to launch on July 15th.
This collaboration will see the FET, AGIX and OCEAN tokens combined into ASI on July 15th, but the tokens will continue to trade independently until the merger. Protocol leaders also emphasized the alliance’s commitment to building a decentralized hyperintelligence network.
Meanwhile, FET’s current VM ratio indicates bullish momentum in the token price. FET is currently up 16% intraday and trading near $1.25. Additionally, the token is trading 216.58% and 667% above its YTD and post-launch value, respectively.
We are very excited to support Outlier Ventures. @OVioHQ Through the AI x Crypto Base Camp program🚀
Congratulations to the selected startups! We will support your trip✨ @axonexyz @dricity_ai @FungiAgent @redpill_gpt @statelessapi… https://t.co/rFptzyCMJn— Fetch.ai (@Fetch_ai) June 18, 2024
Meanwhile, FET is currently showing a solid upward trend. It is trading above the 50 and 100 EMA on the 24-hour chart. However, the token’s upward trend may be halted near $1.8, with support on Fetch.ai near $1.
3. Toncoin (TON)
TON, the native token of the Open Network, was the best performer this cycle. The token has hit new all-time highs (ATH) three times between Friday and today, flipping Ethereum’s active users this week. Investors believe that this breakthrough and recent performance could set the stage for a rebound towards the $10 mark.
An analysis of Toncoin’s price action shows that the token is on the verge of a significant breakout. The 24-hour price movement shows an ascending triangle pattern on the TON chart. This formation means the token is poised for a 40% breakout to reclaim the $8 price mark.
The token tested the $7.7 resistance level and surpassed its all-time high of $7.76 before being pulled back today. TON saw its price rise and briefly broke above the $8 resistance level. After setting a new ATH, Toncoin went back below $8. The current token price range is between $6.5 and $7.9. Additionally, TON displays an increase of 7.7% and 17.6% in weekly and monthly periods.
TON Culture Kings’ latest feature takes a closer look into the wild world of memecoins and community projects. #tonwe interviewed @arbuz_ton 🍉
Find out how $watermelon is making waves by giving users a fresh and fun way to earn exciting rewards ➡️ https://t.co/Iq4E1fI7PO pic.twitter.com/Z09ZresjFF
— TON 💎 (@ton_blockchain) June 19, 2024
Meanwhile, Toncoin’s performance highlights green times even amid market downturns. These recent achievements have caught the attention of market participants. Several analysts predict a double-digit target for the token before the end of June. The bullish sentiment towards TON has set the next target for the token above the $10 price range.
Due to real-world usage and adoption, Toncoin recently surpassed Ethereum in daily active addresses. This feat is due to its integration with Telegram and its 900 million user base. This highlights TON’s performance and the community’s optimism in closing the gap with Solana.
4. Immutable X (IMX)
Immutable The platform overcomes the inherent limitations of Ethereum by providing a streamlined and efficient framework for NFT transactions and applications.
Immutable has recently experienced significant price growth, rising 175% over the past year. Speculations suggest IMX could surge 50,000% to unprecedented highs. This upward trajectory positions Immutable as a promising player in the NFT space.
The price of Immutable is up 8.3% in the last 24 hours, indicating a fairly bullish trend. The token has recorded 25 green days in the last 30 days and is trading above its 200-day SMA. Additionally, the Fear and Greed indices represent greed.
.@immutability More well-funded games have now been signed in the first five months of 2024 than in all of 2023 (a record year). 147 – Or almost one game a day.
Immutable zkEVM was released in beta about 3 months ago. Effect of 3~4 games + gems
We plan to release over 60 games over the next five months. pic.twitter.com/5Ha8WY4wM9
— Robbie Ferguson 🅧 | Immutable (@0xferg) June 19, 2024
In summary, IMX’s growth is due to increased trading activity and increased investor interest. Immutable’s emphasis on scalable and user-friendly solutions for developers and gamers has strengthened its position in the market and suggests it has potential for further gains if its current momentum continues.
5. 99 Bitcoin (99BTC)
99Bitcoin It continues to gain attention with its built-in staking protocol. It also offers a 1,140% annual return and is fully audited by SolidProof. As pre-sales continue, 99Bitcoins’ potential looks promising. Approval of a spot ETH ETF in the U.S. could lead to capital flowing into cryptocurrency markets, increasing demand for tokens like 99BTC.
Additionally, the project has raised more than $2.2 million through ongoing presales. Innovative “Learn-to-Earn” strategy aims to transform cryptocurrency education. Instead of passively absorbing content, users engage with the course. The course includes quizzes and interactive tutorials where you can earn 99BTC tokens, providing a financial incentive to learn.
Meanwhile, the gamified Learn-to-Earn feature is just the beginning for 99Bitcoins Token. Developers announced plans to migrate 99BTC from the ERC-20 chain to the BRC-20 chain. This strategic move aims to create a cross-chain bridge protocol for the project.
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👉 https://t.co/NXD7DAamqr#99Bitcoin #BTC #Cryptocurrency #L2E pic.twitter.com/xQC6lg0euI— 99Bitcoins (@99BitcoinsHQ) June 17, 2024
Moreover, these transitions can be placed in: 99Bitcoin With the disruptive power of cryptocurrencies. This will also ensure it will attract significant attention from Bitcoin maximizers. The project’s $99,999 BTC airdrop campaign also generated pre-sale excitement, with 99 early adopters getting to share in the prize pool.
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