Best Cryptocurrencies to Invest in Right Now April 17 – Mantle, Akash Network, Bitget Token

adminApril 18, 2024

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Similar to past cycles, the cryptocurrency market is in a consolidation phase, with the Bitcoin halving set to occur in two days. As a result, the overall market capitalization and trading volume decreased as investors held their investments in the interim.

Nonetheless, this drop presents a window to capitalize on select altcoins for the impending halving bull market. These assets show market potential and trends and are positioned to generate significant returns.

The best cryptocurrency to invest in right now

Mantle Network has partnered with Fingerlabs with the goal of revolutionizing the content distribution environment, especially for K-Culture content, and expanding its reach into international markets. 99Bitcoins also launched one of the most notable cryptocurrency airdrops, giving participants the chance to win $99,000 worth of BTC throughout the campaign. Additionally, the price of AKT has surged a whopping 1,037% over the past year.

1. Mantle (MNT)

Mantle boasts a significant on-chain asset of $3.8 billion, making it one of the largest in the world. Its primary goal is to foster widespread adoption of decentralized and token management technologies. The platform leverages a modular chain design to continuously improve scalability and security.

It also uses a new Data Availability (DA) approach developed in collaboration with the Ethereum re-staking protocol EigenLayer. Recently, Mantle Network expanded its ecosystem by launching the Ethereum (ETH) Liquid Staking Protocol (LSP) on the Ethereum mainnet. In just three months since its introduction, the protocol has quickly become the fourth largest protocol globally. In a strategic move, Mantle Network partnered with Fingerlabs to collaborate on distributing fan-based content.

MNT price chart

The collaboration between Mantle Network and Fingerlabs is poised to expand into international markets by changing the content distribution environment, especially for K-Culture content. This partnership will leverage Fingerlabs’ Xclusive platform to provide new and exciting avenues for content creators and consumers.

mantle network and @fingerlabs_io We have partnered to provide fan-centric K-Culture content! Stay tuned for more updates 🙌✨ https://t.co/1FZzaBAxmj pic.twitter.com/KZvvyEWVxr
— Mantle (@0xMantle) April 15, 2024

Additionally, MNT has seen a recent surge in its token price, rising 33% in the past month and over 41% in the past week. This upward trend has reignited investor optimism about the token’s prospects, especially considering its continued rise. Analysts predict that Mantle could potentially reach $2 by the end of 2024, presenting an attractive opportunity for investors to consider.

2. Bitget Token (BGB)

Bitget Token is trading at $1.19, showing a significant rise of 39.09% over the last 30 days. Notably, it is currently trading at $0.458521, 160.05% above its 200-day simple moving average (SMA), indicating a bullish trend. Market sentiment, as measured by the Fear and Greed Index, is at 67, suggesting that greed is prevalent among investors.

Last month, BGB had positive trading sessions on 19 out of 30 days, which equates to a notable positive rate of 63%. This consistent trend, combined with high liquidity based on market capitalization, provides favorable conditions for potential investors. BGB has shown resilience in the market despite trading close to cycle highs.

BGB price chart

Additionally, Bitget Token witnessed a remarkable price rise of 186%, surpassing 80% of the top 100 cryptocurrency assets, including Bitcoin and Ethereum. These impressive achievements, combined with the expansion of Bitget Exchange’s operations, paint a bright future for BGB. Moreover, analysts suggest that BGB’s next important target is expected to be $2.20, suggesting potential gains in the near term.

3. 99 Bitcoin (99BTC)

recently released 99Bitcoin The pre-sale attracted significant interest within the cryptocurrency community. Launched by 99Bitcoins, the project aims to encourage users to learn about blockchain technology and cryptocurrencies by offering rewards in the form of 99BTC tokens.

Say goodbye to boring lectures and endless textbooks. 📚 #99Bitcoin Make your learning experience engaging and enjoyable with interactive learning modules, quizzes, and tutorials.
For more information, please visit: 👇 https://t.co/nA4Lw89WA0
$99BTC #Ticketing #Cryptocurrency #airdrop pic.twitter.com/8pfztzCvYR
— 99Bitcoins (@99BitcoinsHQ) April 17, 2024

In just one week, the “Learn-to-Earn” pre-sale campaign raised more than $421,000, indicating significant interest from investors, including large investors commonly referred to as “whales.” According to the project’s white paper, rather than simply consuming content passively, users can now actively earn cryptocurrency rewards by expanding their understanding of blockchain technology.

99Bitcoins also launched one of the most notable crypto airdrops. This will allow participants to win $99,000 worth of BTC through the campaign. 99Bitcoins is also leading integration with BRC-20, an experimental token standard that allows dApps and digital assets to be built directly on the Bitcoin network.

As a result, when 99BTC Linked to the BRC-20 standard, holders can leverage Bitcoin’s security while exploring a variety of new applications. Selling at a price of $0.001 per token, 99 BTC provides an entry point for individuals interested in participating in projects focused on crypto education and incentivized learning.

Visit 99Bitcoins Presale

4. Temperature (ONDO)

Since the beginning of April, the price of Ondo has shown significant strength, demonstrating support at $0.80 and currently targeting a target of $1.37. This surge represents a significant increase of over 90% over the past 30 days, indicating growing market interest and potential investment opportunities.

Additionally, according to CoinMarketCap, the token ranks 73rd with a market capitalization of approximately $1.17 billion. With a circulating supply of 1.39 billion ONDO out of a maximum supply of 10 billion ONDO, the coin’s liquidity appears to be solid, supported by its market capitalization.

ONDO price chart

Last month, Ondo Finance saw positive price movements for 17 days, accounting for 57% of the total observation period. This continued upward trend indicates optimistic sentiment among investors. This sentiment is further reflected in the Fear and Greed Index, which currently stands at 67, indicating a “greed” state in the market. Moreover, Ondo’s recent performance highlights its growing prominence in the cryptocurrency market.

5. Akash Network (AKT)

Akash Network is leading the way in cloud computing, disrupting existing services and ushering in a new era of access to critical cloud resources. AKT leverages blockchain technology to develop an open-source, decentralized marketplace for cloud computing. Therefore, this platform promises unparalleled speed, efficiency, and cost-effectiveness.

This innovative approach is poised to reshape the way users interact with and utilize cloud services. Additionally, Akash Network’s native token price rose 9.84% intraday, reaching $3.87. However, trading volume decreased slightly.

AKT price chart

Nonetheless, Akash Network remains a leader in DePIN, leveraging its decentralized network for applications beyond cryptocurrency. AKT’s price has surged a whopping 1,037% over the past year, outperforming 95% of the top 100 crypto assets. Currently trading above its 200-day simple moving average (SMA), AKT is showing a bullish trend and could potentially push the price further above the 50-day SMA hurdle.

The first set of Akash lessons is live on Coinbase Learn.
Get a network overview and learn how Akash Supercloud helps users access and monetize their computing resources. $AKT.
Get started @Coinbase App: https://t.co/r8ekXpJWK4 pic.twitter.com/Pd2SIvlntt
— Akash Network (@akashnet_) April 15, 2024

Moreover, the Relative Strength Index (RSI) indicates growing investor interest and increased buying pressure, which could push prices further higher. The fear and greed index is 67, reflecting a “greed” state and indicating positive sentiment towards the Akash network.

Additionally, AKT could become even more popular through additional exchange listings in 2024. Analysts predict the average price of Akash Network tokens to be $8.61, with a maximum potential transaction value of $10.64 if the current growth trajectory continues. However, these predictions depend on market movements and adoption rates.