April 20 5 Best Altcoins to Invest in Right Now – THORChain, Dogwifhat, Conflux

Investor confidence has increased significantly due to the positive market outlook. This surge indicates investors’ anticipation of a bullish trend and their eagerness to explore a variety of promising tokens with potential for growth. As a result, altcoins have become increasingly attractive to investors looking for a variety of investment opportunities.

However, choosing the most suitable altcoin requires careful attention and extensive research. This article aims to simplify the decision-making process. It does this by highlighting a few notable altcoins worth considering investing in.

5 best altcoins to invest in right now

that much Upcoming Bitcoin Halving The event, scheduled for April, has created excitement in the blockchain and cryptocurrency community. This event is expected to have a very large impact. Altcoins such as Dogwifhat, ORDI, Conflux, and THORChain are attractive investment options. This renewed interest in alternative cryptocurrencies is increasing investor confidence, leading many to actively review and revise their portfolios.

Moreover, Dogeverse’s pre-sale offer recently surpassed its current $8,832,636 goal by $8,286,379.53. Market interest continues to grow as we reach our goals. This sentiment indicates a potential opportunity for investors to participate in the current pre-sale of 0.000299. However, the token price is expected to rise tomorrow.

1. Dog We Pot (WIF)

Solana’s ecosystem is gaining momentum, with Dogwifhat (WIF) leading the way. WIF is currently on the rise, emerging as the 3rd largest meme coin in terms of market capitalization. Over the past seven days, WIF has surged 59%, surpassing PEPE to take 39th place in the global market capitalization rankings.

The current price of Dogwifhat is $2.76, recording a 1540% YTY rally. Market sentiment is also optimistic, with a greed score of 75, indicating a positive investor outlook. Over the past month, Dogwifhat has had an impressive streak of 17 consecutive Green Days. During this period, the closing price consistently slightly exceeded the opening price.

Additionally, Dogwifhat’s bullish trend is reflected in the Relative Strength Index (RSI). The token remains firmly within its bullish range. Moreover, the Directional Movement Index (DMI) supports this bullish sentiment and indicates a strong upward trend for meme coins.

I bought some more $WIF Even if we cut it down, I’m willing to sit on it for the summer.

Don’t lose the plot.

— The Horse (@TheFlowHorse) April 19, 2024

Therefore, analysts predict that Dogwifhat will continue its upward trajectory in the coming days. There are expectations that Dogwifhat will soon reach an all-time high of $5. Likewise, ambitious forecasts suggest double-digit prices are likely to be achieved before the end of the year. This reflects growing optimism surrounding the prospects of meme coins.

2. TorChain (RUNE)

The ongoing rally in the cryptocurrency market has attracted THORChain. Through this rally, the token price soared to an all-time high. Despite a brief dip below $11, THORChain quickly bounced back to a price of $7.63. However, RUNE has established itself as one of the biggest gainers in the cryptocurrency market, with 594% growth over the past year and impressive performance in 2024.

THORChain is trading at $5.33, up 1.95% intraday. Additionally, THORChain’s market sentiment is bullish, with a Fear/Greed score of 81, indicating increased trading of the token. Additionally, THORChain has outperformed 87% of the top 100 cryptocurrency assets over the past year.

Additionally, the token is trading above its 200-day simple moving average. This SMA shows positive performance of THORChain compared to the token sale price. This resulted in positive ROI in USD, BTC and ETH. Despite the notable 22.84% decline, which fluctuates between $7.3 and $11.4 on the weekly chart, THORChain has high potential for further upside. Experts predict it could breach the $11 threshold to retest the all-time high of $19.

With a market cap of over $2 billion, THORChain currently ranks 47th among major cryptocurrencies. High liquidity can be seen by looking at the market capitalization. There were also 17 (57%) green days in the last 30 days.

There are some really cool things coming for TC in the next six months.

I just finished a call with some of the team for an update on this. The full manifestation of TC is happening!

Swap Anywhere(T)

Add this to your bookmarks.

— JPTHOR(ACCEL)(@jpthor89) April 18, 2024

Despite the fluctuations, THORChain has shown resilience and positive performance indicators. These indicators indicate significant potential for future growth. Investors and enthusiasts are closely monitoring THORChain as it continues to make significant moves in the cryptocurrency market.

3. Conflux Network (CFX)

Conflux Network recently launched an innovative collaboration with XLinkbtc. This partnership aims to connect high-speed blockchains with innovations in Bitcoin Layer 2. Ultimately, it aims to support developers and strengthen the interconnected blockchain ecosystem network.

Additionally, Conflux Network has partnered with fintech company AnchorX. The collaboration aims to launch a stablecoin pegged to the Hong Kong dollar named “AxHKD”. Conflux’s CEO reiterated that the AnchorX team is working diligently to ensure a speedy launch of the AxHKD stablecoin.

As a result, CFX rose 2% to $0.2395, trading green candlesticks. This intraday surge further solidifies the bullish mood. Additionally, a greed score of 74 indicates ample buying pressure. Conflux, in particular, has seen its price skyrocket by 62% since its launch. We also aim to maintain this positive momentum this year.

a big thank you @CoinstoreExc 🤝 Thank you for hosting such a fantastic panel and inviting us to participate! It was an honor to have our Head of Business Development here. @realdora_ethHe will speak on the topic “How new technologies will power infrastructure development.”

🙏 Thank you… pic.twitter.com/9koxADORIK

— Conflux Network Official (@Conflux_Network) April 19, 2024

Moreover, CFX is positioned above the 200-day simple moving average, highlighting its bullish trajectory. Over the past 30 days, Conflux has recorded 18 green days, further strengthening its upward momentum. Conflux is trading near its cycle high of $0.545633 and boasts high liquidity due to its significant market capitalization. Based on these indicators, experts expect CFX’s current momentum to continue in the near term.

4. ORDI

As the market shows signs of growth, ORDI is rising and standing out. The current value of ORDI is $45.55, up 4.53% in the last 24 hours. This rise indicates optimistic sentiment among investors. This is further reinforced by the Fear and Greed Index indicator, which stands at 77, indicating extreme greed.

Moreover, ORDI is currently trading well above its 200-day simple moving average, which is $13.55. This shows a strong performance with Ordinals sitting 387.18% above its 200-day SMA. Additionally, the high liquidity of the token is evident through its significant market capitalization.

With solid fundamentals and strong community support, ORDI offers promising potential for future growth. Analysts predict that the coin’s price could rise to $152.51 by 2024 through collaboration with other networks. This forecast reflects confidence in ORDI’s trajectory and highlights its position for further success.

5. DOGEVERSE

Dogeverse is an innovative project that aims to connect multiple blockchains. The token seeks to create a unified space for market participants and investors. Inspired by Cosmo, a Doge token that bridges Ethereum and Solana. Dogeverse thus enables holders to seamlessly cross various cryptocurrency chains.

The token has also moved to be listed on several decentralized exchanges (DEXs) and centralized exchanges (CEXs). We also aim to build a vibrant community of meme enthusiasts and cryptocurrency investors. As Dogeverse continues to expand its multichain utility, the Cosmo team continues to develop innovative concepts.

Additionally, the recent pre-sale offer has surpassed the current $8,832,636 target by $8,286,379.53. As we get closer to our goal, market interest continues to grow. This sentiment indicates a potential opportunity for investors to participate in the pre-sale, currently at 0.000299. However, the token price is scheduled to increase tomorrow.

Another amazing achievement has been unlocked. #DOGEVERSE! 🚀

We’ve already exceeded our $7,500,000 goal! 💸

Cosmo is over the moon! 🐾😄

good job, #viceroy mania! 🌠 pic.twitter.com/jAZ7xZjkjw

— DogeVerse (@The_DogeVerse) April 19, 2024

However, this opportunity is limited, especially considering the possibility of a price increase tomorrow. Dogeverse also integrates VAX purchase options into its website. This integration allows users to trade on Ethereum, BNB, Polygon, and Avalanche. Additionally, it was announced that Base and Solana options will be added.

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