April 15 Best Cryptocurrencies to Buy Now – Bitcoin Cash, Core, Pendle

adminApril 16, 2024

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Various developments across several altcoins are poised to impact the dynamics of today’s cryptocurrency market. As a result, investors are increasingly looking at these coins as potential investment prospects. This article analyzes these digital assets, including Bitcoin Cash, Core, and Pendle, with a focus on market trends and recent developments. Meanwhile, the recent conflict in the Middle East has shocked the whole world. cryptocurrency marketIt triggered sharp price declines and significant liquidations across a variety of digital assets.

Best Cryptocurrencies to Buy Now

Uniswap’s Dogecoin20 launch, scheduled for “Doge Day,” sparked enthusiasm among meme coin investors. Moreover, Pendle’s token price surged from $3.08 to $6.20 last month. Likewise, the Core token has experienced an upward trend over the past 30 days, increasing from $0.69 to $2.38 and its market capitalization has also increased accordingly.

1. Dogecoin 20 (DOGE20)

imminent Dogecoin 20 The Uniswap launch, scheduled for “Doge Day,” has sparked excitement among meme coin investors. Speculation is rife, with some predicting pre-sale prices will rise more than 100 times. During the pre-sale period, Dogecoin20 attracted significant attention and reached its $10 million fundraising goal two weeks ago.

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— Dogecoin20 (@DOGE_COIN20) March 22, 2024

Moreover, demand is still high and buyers will have a last chance to purchase DOGE20 at a discounted price of $0.00022 before it is listed on Uniswap. In addition to its launch strategy, Dogecoin20 boasts a rewards system designed to attract traders.

It has been positioned as a “Stake-to-Earn” meme coin that provides a financial incentive to those interested in the joke cryptocurrency. Dogecoin20 also features a staking mechanism that allows holders to lock up their tokens and earn returns of approximately 49% per year. The offering attracted early investors, who invested more than $56 billion. doji 20 During the pre-sale, it accounts for over 1/3 of the maximum supply of tokens.

Visit Dogecoin20 Presale

2. PENDLE

Pendle is a decentralized financial services provider that offers unique services. It specializes in tokenizing returns and providing fixed returns, features that have piqued interest in the cryptocurrency community. Moreover, interoperability claims that enable the creation of decentralized LSTs for other networks further strengthened its appeal.

pendle price chart

This led to a surge in demand for the service and a subsequent increase in token value. According to a report by CoinMarketCap, over the past month, Pendle’s token price has been on the rise, rising from $3.08 to $6.20. This surge increased its market capitalization to $1.48 billion during this period.

GM, Ethena Season continues in Pendle with more L2 expansions this week 💙
We joined forces with our friends. @ethena_labs Once again to transfer USDe across the Etherverse 🕸️:
🔹USDe(@decision) | Maturity August 2024
🔹USDe(@ZircuitL2) | Maturity June 2024 pic.twitter.com/y1p6jyclnU
— Pendle (@pendle_fi) April 11, 2024

The 17% price increase within the last 24 hours is particularly significant, indicating growing investor interest. Moreover, market sentiment towards Pendle is bullish, as evidenced by its Fear and Greed Index rating of 74, which reflects the current state of greed. This positive sentiment is further supported by technical indicators that indicate momentum in favor of Pendle. Market analysts predict that the price may rise to $8.61 by the end of the second quarter of 2024.

3. Bitcoin Cash (BCH)

Despite a 19.87% performance drop over the past seven days, Bitcoin Cash has shown remarkable resilience. The token, which started at $637.40 on April 4, has seen increased activity following the halving event, which saw the block reward on the Bitcoin Cash network drop to 3.125 BCH.

This surge led BCH to peak at $713.33 on April 6, recording an impressive 11.91% post-halving increase. Moreover, Bitcoin Cash has grown significantly, surpassing 100% in the past three months. With a current price of $557.75 and a 24-hour trading volume of $1.73 billion, BCH is up 13.48% in the last 24 hours.

BCH price chart

Last year, BCH soared a whopping 320%, surpassing 85% of the top 100 cryptocurrencies, including Bitcoin and Ethereum, with gains of 90.77% and 170.50%, respectively. BCH is currently trading 110.32% above its 200-day simple moving average (SMA) of $266.05, indicating a bullish mood.

The 14-day relative strength index (RSI) is 34.08, indicating a neutral stance and the possibility of sideways trading. Current sentiment analysis suggests a bullish outlook for Bitcoin Cash price prediction.

At the same time, the Fear and Greed Index registered at 74, reflecting greedy sentiments among investors. There is optimism that BCH could reach the $1000 mark as the upcoming Bitcoin halving event is expected to further fuel market momentum.

4. CORE

Core Token has experienced an upward trend over the past 30 days, rising from $0.69 to $2.38, thereby increasing its market capitalization from $616 million to $2.09 billion. Moreover, Core’s current price is still more than 50% below its all-time high, making a compelling case for potential growth.

CORE price chart

Moreover, in the past 30 days, Core has recorded 15 consecutive days of price gains, a clear sign of strong market momentum. Its significant market capitalization and high liquidity make Core an attractive option for traders.

1/ New update #CoreIgnition 🔥
Introducing Leaderboards: See who’s leading with the highest Core Ignition Balance and see where you stand https://t.co/NxO5ZFsDQA
*Leaderboard is updated every 8 hours pic.twitter.com/TpVDkv1KYv
— Core DAO 🔶 (@Coredao_Org) April 11, 2024

Technically, Core is currently looking strong with indicators indicating positive momentum. CORE also trades above its 21-day and 50-day exponential moving averages (EMA). Considering the positive technical indicators and upward price momentum, market analysts currently view Core as a lucrative cryptocurrency investment opportunity.

5. Nervos Network (CKB)

The Nervos network is a proof-of-work blockchain platform that operates as a layer 1 infrastructure. The main goal is to optimize the functionality of layer 2 chains for each application. The network aims to introduce CKB as a native asset, establishing it as a sustainable store of value similar to Bitcoin, while providing a smart contract platform that is more secure than Ethereum.

CKB price chart

Recently, CKB experienced a significant surge in value after coming out of a nearly two-year consolidation phase. The cryptocurrency, which has been trading within a narrow range of $0.0024 to $0.0035 for an extended period of time, finally broke out of this range after January 30 and has made significant gains in the months since.

At the current price of $0.02727, CKB observed an intraday gain of 8.79%. According to CoinMarketCap data, the token’s market capitalization reached $1.2 billion in the last 24 hours, representing an 8.80% increase from the previous day’s trading.

🙌Dr. Ren Zhang, author of CKB’s consensus innovation ‘NC-Max’, is giving a lecture in Hong Kong
Check out his reflections on Proof-of-Work and Proof-of-Stake in “My Bias Against All Consensus Protocols That Are Not Nakamoto Consensus” an hour into the stream!
📽️https://t.co/kjgCpkTDD8 https://t.co/s0whzcwDGw
— Nervos.bit (@NervosNetwork) April 9, 2024

This price surge could coincide with the announcement that the CKB token on the Nervos network will be integrated with the Bitcoin network. The token’s upcoming smart contract capabilities and interoperability and modularity features scheduled for 2024 have sparked enthusiasm among investors.

As the market continues to gain momentum, Nervos Network is potentially positioned to benefit the most from this recovery rally. Additionally, the price action and the golden cross sign suggest a possible surge in the CKB price, which could soon surpass $0.050.