Best Cryptocurrencies to Invest in Right Now June 2 – Injective, Akash Network, NEAR Protocol

adminJune 3, 2024

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Discover best cryptocurrency Invest now and explore potential and market performance. Find out why these tokens are strong choices for your investment portfolio.

The recent approval of the Ethereum ETF marks a huge step forward in cryptocurrency adoption. This development simplifies the process for traditional investors to access the cryptocurrency market. Increasing accessibility has increased investor interest in digital assets, leading many to explore altcoins with high return potential. In this article, we examine some of the best cryptocurrencies that investors should consider to make significant profits.

The best cryptocurrency to invest in right now

Mega Dice sold over 19 million DICE tokens and raised over $1.3 million. Additionally, Injective recently became one of the major blockchains to natively integrate with the Binance Pay platform. This integration is important as it allows the Injective ecosystem to connect with Binance Pay’s extensive network of users and merchants. Meanwhile, the current value of Akash tokens is $4.60, surging 7.05% over the past month.

1. Mega DICE

In the pre-sale stage mega dice It achieved a groundbreaking milestone and received great attention. More than 19 million DICE tokens, priced at $0.075 each, were sold, raising over $1.3 million.

The project boasts a transparent approach with figures showing its sizable community base. With over 50,000 registered users and over 10,000 monthly active players, Mega Dice represents a real starting point for tokens. According to the Telegram announcement, a similar number of users are ready to convert to DICE token holders.

that much $DICE Season 2 Airdrop is still live – Win $750,000 Airdrop! 🚨💰
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— Mega Dice Casino (@megadice) May 31, 2024

Additionally, the platform offers additional benefits such as daily rewards, limited edition NFTs, and early bird bonuses. These incentives can cause the token’s value to skyrocket after launch.

Additionally, Mega Dice is currently running the DICE Season 2 Airdrop and is urging participants to claim a share of the $750,000 airdrop pool by betting $5,000 or more between May 15 and June 28, 2024. Qualified users will receive: dice At the end of your participation period, your bonus will be credited directly to your casino account.

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2. NEAR Protocol (NEAR)

The NEAR protocol is attracting attention for its potential to transform decentralized applications (dApps). The current price of the coin is $7.34, up 0.78% in the last 24 hours. NEAR has attracted the attention of the cryptocurrency community with features such as human-readable account names and an innovative consensus mechanism.

Additionally, the token is designed for high scalability and can handle up to 100,000 transactions per second. This feature is ideal for applications that require speed and efficiency, such as gaming, social media, and financial services. NEAR also supports multiple programming languages, making it accessible to developers.

NEAR price chart

Experts remain optimistic about NEAR’s future. The fear & greed index is 73 (greed), indicating positive sentiment. The coin is specifically trading 359.55% above its 200-day simple moving average (SMA) of $1.59945. Last week, NEAR showed a slight decline of 7.55%, but surged 19.24% over the past month.

The 14-day relative strength index (RSI) is 40.43, indicating a neutral stance, which suggests that the cryptocurrency may trend sideways for some time. Overall, the NEAR protocol is a powerful platform for scalable and efficient decentralized applications.

3. Injection (INJ)

Injective has recently become one of the major blockchains to natively integrate with the Binance Pay platform. This integration is important as it allows the Injective ecosystem to connect with Binance Pay’s extensive network of users and merchants. Users can now easily send, receive and use INJ for everyday transactions and payments.

This move opens new avenues for Injective adoption. This allows users to leverage INJ for transactions across a variety of merchants and facilitate remittances globally through the Binance Pay platform. This integration allows users to use INJ to pay for a variety of goods and services, including hotels, airline tickets, and online shopping.

INJ price chart

Moreover, the token has shown significant price fluctuations in recent weeks. According to CoinMarketCap data, Injective’s price is up 1.05% over the past month but down 2.13% over the past week.

.@Binance Pay is officially integrated. $INJMillions of users around the world use INJ to pay and shop 🚀
Flights, hotels, and more can all be purchased using INJ, giving you massive physical access to the Injective ecosystem.
Read it here 👉 https://t.co/VH1jwAWkbB pic.twitter.com/niPoF8MCiG
— Injective 🥷 (@injective) May 29, 2024

Sentiment regarding INJ’s price forecast is currently bullish. Additionally, the Fear and Greed Index stands at 73, indicating the greed of investors. Moreover, the token is currently trading above its 200-day simple moving average.

Additionally, Injective’s Binance Pay integration and recent price movements reflect the project’s goal of driving adoption of the underlying asset. This gives users more options to utilize cryptocurrencies in their everyday transactions.

4. Akash Network (AKT)

Akash Network is a decentralized cloud computing platform that provides developers with a secure and cost-effective means to deploy and scale applications. Leveraging a peer-to-peer (P2P) model, the platform allows developers to rent unused computing resources globally.

This effectively creates a decentralized marketplace for cloud computing services. Leveraging the capabilities of the Cosmos ecosystem, the platform is designed for speed, scalability, and interoperability with a variety of blockchains. This approach promotes seamless integration with other platforms, increasing its usability and potential.

AKT price chart

Additionally, Akash Network has established partnerships with renowned companies in the cryptocurrency space. The current value of the Akash token is $4.60, reflecting a surge of 7.05% over the past month.

Additionally, market sentiment towards Akash Network appears to be bullish, with the Fear and Greed Index showing a score of 73, indicating that sentiment towards greed is dominant. Additionally, trading activity shows that the token is trading above its 200-day simple moving average, suggesting positive momentum.

5. Phantom (FTM)

Fantom is an open-source decentralized smart contract platform designed for DApps and digital assets, providing an alternative to Ethereum. It aims to address the limitations of previous blockchains by focusing on scalability, security, and decentralization. Fantom provides tools for easy integration with existing DApps, a detailed staking reward system, and built-in DeFi tools.

Additionally, the platform uses a unique consensus mechanism to support DeFi and smart contracts. The token is trading above its 200-day simple moving average and showing positive performance compared to its initial sale price. Liquidity is also high compared to market capitalization.

FTM price chart

Fantom recently partnered with Google Cloud to launch an initiative to encourage developers to create advanced dApps on the platform. Google Cloud’s infrastructure and AI capabilities will help you build secure and engaging products. Additionally, Google Cloud plans to operate validators to enhance the scalability and security of Fantom’s Opera network and transition to the new Sonic network.

we team up @Google Cloud!
Our partnership will begin planning for: #fantasy Developers can build next-generation dApps using Google Cloud’s advanced AI and infrastructure.
🙌 Additionally, Google Cloud is now running validators on your network!
Learn more👇https://t.co/4B1dhzYpf8 pic.twitter.com/1vBfNcsg9E
— The Phantom Foundation (@FantomFDN) May 28, 2024

This partnership brings significant changes to Fantom, coinciding with the launch of Sonic, a high-throughput chain, and the establishment of the Sonic Foundation and Sonic Labs. This collaboration also expands our existing relationship by including Fantom blockchain data in Google Cloud’s BigQuery public dataset program.