Best Cryptocurrencies to Invest in Right Now May 25 – Core, Tezos, Optimism

adminMay 26, 2024

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Several recent market activities have increased interest in digital assets. The recent approval of a spot Ether ETF in the US has generated considerable excitement. Additionally, the possible listing of Toncoin on Binance has increased interest in the cryptocurrency market. As a result, cryptocurrency investors are looking for the best cryptocurrencies with promising growth potential. InsideBitcoins also provides insight by identifying altcoins that investors should consider.

The best cryptocurrency to invest in right now

Core’s price recently surged significantly following Coinbase’s announcement of its listing roadmap. Meanwhile, Jupiter recently surpassed $1 billion in market value, highlighting its growing importance. SEAL presales raised more than $2.7 million, indicating growing investor interest. Optimism has also garnered attention for its impressive performance in enabling cross-chain transactions.

1. CORE

Following Coinbase’s recent announcement of its listing roadmap, Core has experienced a significant price surge. According to CoinMarketCap data, Core has become one of the companies with the highest gains as of this writing. Additionally, the token increased by 31.29% intraday, reaching $2.18.

CORE price chart

These expectations have generated considerable market enthusiasm, which is reflected in the Core’s impressive price/performance ratio. This surge indicates that there is a significant possibility of an official listing on Coinbase soon. Currently, market sentiment regarding Core’s price prediction is optimistic, with the Fear and Greed Index showing a value of 76, indicating extreme greed among investors.

The Core Foundation has done it again 🔥 Bitcoin Social is coming to Austin, Texas this time @consensus2024
Drive the conversation about Bitcoin expansion by participating in other Bitcoin-related projects in real life👇
https://t.co/08nEx2sv76
— Core DAO 🔶 (@Coredao_Org) May 24, 2024

Moreover, the token is trading 216.14% above its 200-day simple moving average (SMA) of $0.703124. Further analysis shows that CORE’s 14-day Relative Strength Index (RSI) is 55.23, suggesting a neutral stance and the possibility of near-term sideways trading.

Additionally, the inclusion of Core in Coinbase’s roadmap has generated considerable excitement in the market. Experts predict solid future performance for Core based on broader market conditions.

2. Optimism (OP)

Optimism has recently garnered attention for its impressive performance in facilitating cross-chain transactions. Over the past week, it has surpassed Ethereum in total bridge net inflows. This highlights the growing influence and efficiency of blockchain networks in enabling seamless transactions between them.

In particular, Optimism differentiates itself by supporting layer 3 solutions that support decentralized application (dApp) development on top of layer 2 chains. This contributes to the expansion of Optimism Superchain, a network focused on scalability and innovation.

ON price chart

Optimism’s current price of $2.54 is an increase of 0.29% over the last 24 hours. Market sentiment is noticeably optimistic, with the Fear and Greed Index sitting at 76, indicating extreme greed among investors. Additionally, the cryptocurrency is currently trading approximately 58.34% above its 200-day simple moving average (SMA) of $1.59817.

🔴 SuperChain Bridge frontend is now pointing to open source and public bridges. 🔴
both @superbridgeapp and @Brid_gg Users will have access to superchains, with more options coming soon. pic.twitter.com/PXXmUMg8dr
— Optimism (@Optimism) May 21, 2024

The noticeable increase in market activity is reflected in increased trading volume as investors build optimism. In particular, increased whale activity signals bullish sentiment, with large investors likely to push prices past existing resistance levels, potentially initiating an exciting breakout rally.

Additionally, Optimism is emerging as one of the altcoins to monitor closely, with a price forecast of up to $9.81 by May 2024. Investors who pay attention to this token can find possibilities in its ecosystem and technological advancements.

3. Tezos (XTZ)

Tezos is known for its unique, self-modifying blockchain protocol. This feature allows the platform to implement upgrades seamlessly without a destructive hard fork, distinguishing it from many other blockchain projects. Tezos boasts an innovative governance model and a strong development team, contributing to its promise as an investment opportunity.

XTZ price chart

Recent collaborations with high-profile sports organizations such as the New York Mets and Manchester United highlight Tezos’ growing presence in the mainstream market. These partnerships expand the platform’s brand awareness and strengthen its association with major sporting events, including Major League Baseball and English soccer.

Live your dreams at Old Trafford! It’s going to be a really great game day for the lucky winners. A representative Tezos community! ⚽️🌟
— Crypto Empire | AMA + Space (@Empire8x) May 24, 2024

Moreover, Tezos has shown its resilience in the market with its current price of $0.9951. In the last 24 hours, the token has seen a slight rise of 2.58% and in the past week it has seen an even bigger rise of 6.28%. The 14-day relative strength index (RSI) is 49.18, indicating a neutral stance, suggesting that XTZ may soon trade sideways.

Additionally, the token has high liquidity with a trading volume to market capitalization ratio of 0.0515. Given its strong foundation and support from a dedicated community, XTZ shows significant growth potential in the future.

4. Sirana (SEAL)

New Zealand It combines humor and community engagement to provide an engaging take on the cryptocurrency trading experience. The project centers around a character inspired by the American Red Neck Seal, reminiscent of the South Park World of Warcraft character, creating a culturally resonant and fun theme.

preparation $SEAL like #Sealand? 🦭Rice
Well, here’s how you do it!
optimistic #memecoin 💸#hodling Strong 💪
Rambo Driving 🚗
Fast food diet 🍔🍟
Huge benefit 📈
Accept the 2nd Amendment 🇺🇸
Compensation $SOL 🚀🦭 pic.twitter.com/ozmKVFEggR
— Sealana (@Sealana_Token) May 24, 2024

The basic concept of Sealana involves users feeding SOL tokens to their characters, metaphorically fattening them up, and receiving SEAL tokens in return. This approach, leveraging the meme culture prevalent in the cryptocurrency world, generated significant interest and initial investment. Sealana has built a bright and engaged community around the project, combining entertainment and potential financial gain.

The SEAL presale generated more than $2.7 million, reflecting increased investor interest. Tokens are sold at a fixed price of $0.022 each. Investors can purchase SEAL tokens using cryptocurrencies such as SOL, ETH, USDT, USDC or fiat via bank card. This accessibility and variety of payment options likely contributed to the project’s success in attracting investors.

like seal Reaching this milestone raises expectations for its market debut. Solana Blockchain’s newest meme coin seems poised to capitalize on this momentum effectively. The project’s unique combination of humor, community focus, and innovative token mechanics positions it as one of the best tokens you can buy right now.

Visit Sealana Presale

5. Jupiter (JUP)

Jupiter’s market value recently surpassed $1 billion, making it increasingly important. A notable price rise of 3.55% in one day suggests strong investor confidence and demand.

Additionally, the platform recently introduced the Large Unified Marketplace (GUM) initiative, which aims to integrate different types of investments into one marketplace on the Solana blockchain. The GUM Alliance seeks to integrate investments in meme coins, real assets, stocks, forex and more to simplify and streamline trading between them.

JUP price chart

The alliance is comprised of leading teams in asset processing, liquidity and distribution and plans to expand the range of investments available on Solana. This will ensure sufficient liquidity for market operations and drive adoption by integrating these markets into Jupiter’s platform.

1/ Today we are launching a grand integrated marketplace initiative. This is our major effort to bring all assets into a single atomic marketplace that anyone in the world can access for just a few pennies.
Only available on Solana, powered by Jupiter and backed by the best partners in cryptocurrency. pic.twitter.com/5JQp41NYRa
— Jupiter 🪐 (@JupiterExchange) May 21, 2024

Jupiter has also partnered with Digital Wave Finance (DWF) to revolutionize the Real Assets (RWA) sector. This collaboration focuses on creating a unified marketplace on Solana that integrates assets such as meme coins, RWA, stocks, and forex into a single market.

Additionally, the goal is to redefine market integration and accessibility in the cryptocurrency space by enhancing asset liquidity and integrating these markets into the Jupiter ecosystem. These strategic developments and partnerships could impact the future trajectory of Jupiter Coin, primarily if the ambitious goals for the ecosystem are achieved.