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Best Crypto to Buy in June 2024 – 12 Hidden Gems That Can Bring You 100X Bull Run Gains

Digital Finance News Staff

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Best Crypto to Buy in June 2024 – 12 Hidden Gems That Can Bring You 100X Bull Run Gains

Bitcoin has seen its all-time-high (ATH) this year and all indicators are showing us that the next major cryptocurrency bull run is waiting for us right around the corner.

In fact, it could turn out to be the biggest bull run since the 2021 crypto market upswing.

There are many signals that pointed the market in this direction. For starters, Bitcoin went through another halving event earlier this year. 

Then we had a large number of institutional investments pouring into the cryptocurrency market share thanks to the BTC and ETHs exchange traded funds (ETF) approval.

Another reason behind the anticipated bull run is driven by the maturation of the cryptocurrency market, marked by advancements in infrastructure, security, and user adoption. 

Established cryptocurrencies like Bitcoin and Ethereum have solidified their roles, while new projects address specific challenges with innovative technology.

Last but not least, U.S fed rates were cut several times, which reignited interest in riskier markets like crypto.

Consequently, many large digital wallets were observed investing heavily into established cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) as these projects can reap substantial gains in the long run.

However, these whales also invested in some low market cap projects like PlayDoge ($PLAY), Wiener AI ($WAI), and several others. 

Why?

Well, smaller presale projects like these were historically the best investment option for 100X bull run gains.

All of this sounds great, and it is, but in order to make real life-changing profits in this market, favourable conditions won’t be enough. 

You’ll need to closely examine every project and look for the tell-tale signs of a 100X hidden gem. 

Some of the things that you should look at are: Team behind the project, virality of the narrative, and most importantly use cases and community backing.

But, with hundreds of projects being released every day, that’s much easier said than done. 

That’s why we did the heavy-lifting for you, and pinpointed several coins that are ticking all of the right boxes for 100X bull run profits.

Let’s dig a bit deeper…

12 Best Cryptos to Invest in For 100X Bull Run Gains – Quick Overview

Before diving deeper into these top cryptocurrencies to buy, let’s briefly outline their key features.

  • Shiba Inu – Leading Popular Meme Coin Primed for Even Bigger Heights
  • Cardano (ADA) – A Promising Crypto for 2024
  • Ethereum (ETH) – Poised for Growth with Upcoming ETF Approvals and Network Upgrades in 2024
  • Tether (USDT) – The Stablecoin Powerhouse

12 Best Cryptos to Invest in For 100X Bull Run Gains – Detailed Analysis 

We can finally move on to our list of high-potential altcoins for June 2024

PlayDoge ($PLAY) – The Best 100X Bull Run Investment

PlayDoge ($PLAY) stands out as a dog-themed meme hidden gem presale project in the crypto market for June 2024. 

This play-to-earn (P2E) token draws inspiration from the 90s Tamagotchi craze, allowing users to adopt and care for virtual Doge pets. 

Players earn $PLAY native tokens by feeding, training, and playing with their Doge pets, engaging in various mini-games and activities.

Built on the Binance Smart Chain, PlayDoge offers substantial staking rewards, with annual percentage yields (APYs) reaching up to 300% for early crypto investors. 

This high staking yield, combined with the engaging P2E model, positions PlayDoge as one of the best cryptos for a 100X bull run. The presale has already raised over $4.1 million, reflecting strong investor interest and confidence in the project’s potential.

The PlayDoge app, set to launch on both iOS and Android, aims to reach a global audience, enhancing accessibility and user engagement. 

The game also features a competitive leaderboard where top performers can earn bonus tokens and exclusive rewards. This multifaceted approach not only provides entertainment but also significant earning opportunities for players and investors alike.

As a meme coin with innovative P2E mechanics and substantial presale success, PlayDoge is poised to become a leading player in the crypto market. 

Its combination of fun, utility, and high earning potential makes it a top contender for those seeking hidden gem presale projects with the potential for massive returns in the next bull run​.

 BUY PLAYDOGE TOKENS NOW AND JOIN THE P2E REVOLUTION!

Wiener AI ($WAI) – AI-Trading Bot Mixed with a Funny Narrative

The next one on our list is Wiener AI ($WAI), a cutting-edge crypto project that combines the power of artificial intelligence with the dynamic world of meme coins.

Wiener AI leverages advanced AI technology to offer a unique trading volume bot application, designed to enhance predictive trading capabilities. This feature positions $WAI as another good crypto for a 100X bull run, especially for investors looking for innovative and tech-driven solutions in the crypto space​.

Launched on the Ethereum blockchain technology, Wiener AI’s tokenomics are robust, with a total supply of 69 billion tokens and 20.7 billion available during the presale. 

Investors can purchase $WAI using ETH, USDT, and BNB, making it accessible to a wide range of crypto enthusiasts. 

The AI trading bot, a core feature of the project, provides users with MEV (Maximal Extractable Value) bot protection, ensuring secure and efficient trading​.

One of the significant features of Wiener AI is its high staking rewards. Early investors can stake their $WAI tokens and earn generous APYs, which stand at over 316% during the presale. 

Wiener AI’s presale success, raising millions within a short period, reflects strong market confidence and interest. 

The project’s roadmap includes further development of its AI capabilities and expansion into various AI-driven services, applications, and protocols, enhancing its long-term value and utility in the crypto ecosystem.

For those looking for hidden gem presale projects with high growth potential, Wiener AI offers a healthy mix of AI innovation and substantial financial rewards, making it a top contender for the best crypto to invest in for 2024​.

INVEST IN WIENER AI’S AI TRADING BOT TODAY FOR MASSIVE RETURNS!

Sealana ($SEAL) – Top SOL-Based Meme Coin Poised For Serious Growth Upon the Next Bull Cycle

Sealana is a new and exciting addition to our list of the best cryptocurrencies to invest in right now. 

Built on the Solana blockchain, known for its impressive speed and scalability, Sealana features a whimsical, chubby seal character inspired by the “World of Warcraft Guy” from South Park.

Sealana is positioned to mimic the success of other Solana-based meme coins that have recently seen significant price hikes. 

Although it doesn’t offer direct utility tokens, its humorous and engaging concept appeals to both high-risk and low-risk investors. 

The project has successfully raised over $4 million in its presale, which will close in the next two weeks, offering investors a limited-time opportunity to buy in early. The visibility and adoption of Sealana are expected to increase once it lists on crypto exchanges.

The buzz around $SEAL is significant, with popular crypto YouTube channels like 99Bitcoins suggesting it could become the “next degen obsession.” 

Analysts are optimistic, predicting that Sealana could see its value soar up to 100 times, making it an attractive option for those seeking the best crypto investment choices.

Investing in SEAL tokens is straightforward. The presale widget on the project’s website supports payments via credit cards and major cryptocurrencies such as ETH, USDT, SOL, and USDC. 

After the presale, SEAL tokens will be airdropped to investors. For updates on future listings and more information, follow Sealana on X (formerly Twitter).

GRAB $SEAL TOKENS IN THE SEALANA PRESALE BEFORE IT’S TOO LATE!

Base Dawgz ($DAWGZ) – The Multi-Chain Meme Coin with Massive Staking Rewards

We move on to Base Dawgz ($DAWGZ), a project built on the Base blockchain. This innovative meme token offers multi-chain utility and staking rewards, making it a top contender among hidden gem presale projects with the potential for massive gains.

Base Dawgz combines the popular Doge theme with practical applications across multiple blockchains, including Ethereum, Solana, Binance, and Avalanche. 

Leveraging Web3 tools such as Portal Bridge and Wormhole technology, Base Dawgz aims to facilitate seamless interoperability between different blockchain ecosystems. 

This unique approach positions $DAWGZ as one of the best cryptos for a 100X bull run, appealing to both meme coin enthusiasts and serious investors​.

One of the key features of Base Dawgz is its staking mechanism, which encourages long-term holding by offering regular annual rewards. 

Approximately 20% of the entire 8.453 billion token supply is allocated for staking rewards, with an additional 15% reserved for community rewards. These rewards are distributed to users who actively promote the project on social media, enhancing community engagement and project visibility​.

During its presale, Base Dawgz tokens are priced at $0.00502 each, and the project has already raised $1 million within just a few days. 

This early success reflects strong investor confidence and interest in the project’s potential. 

Investors can purchase $DAWGZ using ETH, USDC, SOL, AVAX, and BNB, providing flexible payment options for a diverse range of investors​.

For those looking for the best crypto to invest in June 2024, Base Dawgz offers a compelling opportunity with its multi-chain utility, robust staking rewards, and strong community support. 

Stay updated on the latest developments by following Base Dawgz on their official channels and participating in their active Telegram community.

BUY $DAWGZ – THE MULTI-CHAIN MEME COIN WITH HUGE STAKING REWARDS!

Mega Dice ($DICE) – The Gaming Crypto Offering High Staking Rewards and Profit-Sharing for June 2024

Moving on from meme coins a bit, we come to Mega Dice ($DICE) a project in the gaming sector. 

This crypto token is associated with a well-established online gaming platform, offering unique investment opportunities and substantial passive income potential.

Mega Dice leverages the Solana blockchain to provide fast and secure transactions, ensuring a seamless user experience. 

The $DICE token allows holders to participate in profit-sharing from the platform’s earnings, offering daily bonuses and high staking yields. With over 50,000 active players and significant monthly activity, the platform’s success directly benefits $DICE token holders through profit distribution​.

Investors can acquire $DICE tokens during the presale using ETH, USDT, or BNB, gaining access to the token at a lower price before it lists on major exchanges. 

Early investors also have the opportunity to earn limited edition NFTs and early bird bonuses. This presale strategy not only boosts initial funding but also builds a loyal community eager to see the project’s success​.

Mega Dice’s combination of a functioning gaming platform, high staking rewards, and profit-sharing makes it an attractive option for those looking to invest in the best crypto projects. 

The project’s innovative approach to integrating cryptocurrency with online gaming and its potential for massive returns make $DICE a compelling investment in June 2024. 

Stay informed about the latest updates by following Mega Dice on their official channels and joining their active Telegram community​

GET IN EARLY ON THE MEGA DICE PRESALE FOR GAMING PROFITS!

99 Bitcoins ($99BTC) – Platform With a Learn-to-Earn Mechanism

Navigating the intricate world of crypto requires both knowledge and strategy, and 99Bitcoins has now made this journey even more rewarding with the launch of $99BTC, a learn-to-earn token that redefines traditional learning models.

$99BTC operates on a unique premise: users earn tokens by actively engaging with educational content, quizzes, and community activities centered around crypto space. 

This model turns learning into an interactive and profitable experience, motivating users to deepen their understanding of crypto while earning rewards.

Initially launched as an ERC-20 token on the Ethereum blockchain, $99BTC plans to transition to the BRC-20 standard on Bitcoin’s blockchain. 

With a total supply of 99 billion tokens, the presale has successfully raised $2 million, offering tokens at an enticing price of $0.00108 each.

The tokenomics of $99BTC are designed to promote long-term engagement. Fourteen percent of the total supply is allocated for staking rewards, incentivizing users to hold and participate actively. 

Additionally, 17% is earmarked for community rewards, ensuring that those who contribute to the platform’s success are duly compensated.

99Bitcoins’ roadmap includes listing $99BTC on decentralized crypto exchanges (DEXs) and launching the beta version of its learn-to-earn platform by the end of the year. 

The project’s strength lies in the established reputation of 99Bitcoins and the dual benefit of its token, which combines education with potential financial gains.

By merging learning and earning, $99BTC aims to bridge the gap between educational empowerment and financial opportunity in the digital asset space. 

BUY 99BITCOINS AND EARN WHILE YOU LEARN WITH $99BTC!

Sponge V2 ($SPONGEV2) – The Play-to-Earn Meme Coin with Massive Potential for June 2024

The next one on our list is Sponge V2 ($SPONGE), a revitalized and innovative meme coin project that promises significant returns. Building on the success of its predecessor, Sponge V1, which achieved a $100 million market cap during the 2023 meme coin mania, Sponge V2 is designed to offer even greater opportunities for growth and investor engagement.

Sponge V2 created their own play-to-earn (P2E) model, introducing a new racing game where players can earn $SPONGE tokens through gameplay. 

This integration of gaming into the ecosystem not only provides entertainment but also creates a steady demand for the token, enhancing its utility and value. 

This innovative approach is expected to drive substantial interest and participation in the project, making it one of the best cryptos to buy for a potential 100X gain in the upcoming bull run​.

The tokenomics of Sponge V2 are designed to support long-term growth and stability. Investors can acquire $SPONGE by staking Sponge V1 tokens on its dedicated platform, ensuring a smooth transition and continued engagement from the existing community. 

Sponge V2 is also positioned for major exchange listings, aiming for platforms like Binance and OKX.

These listings could significantly increase the token’s visibility and accessibility. Additionally, the project’s active social media presence, with over 23,000 followers on X  and a vibrant Telegram community, underscores its strong community support and engagement.

Check it out now, and invest in it while you still can.

INVEST IN SPONGE V2 FOR SIGNIFICANT STAKING RETURNS NOW!

eTukTuk ($TUK) – Pioneering Sustainable Urban Transport with Electric Vehicles and Crypto Integration

If you’ve ever wandered through the busy streets of major cities in Asia or Africa, you’re likely familiar with tuk-tuks. 

These vehicles are as integral to the urban landscape as New York’s yellow cabs, transporting millions daily. However, their convenience comes at an environmental cost due to high emissions.

Enter eTukTuk, an innovative green crypto project aiming to transform the 270-million-strong tuk-tuk industry by introducing sustainable electric alternatives. 

eTukTuk’s mission is to reduce the carbon footprint in regions where these vehicles dominate by replacing traditional gas-powered tuk-tuks with eco-friendly electric versions.

But eTukTuk’s vision goes beyond just swapping engines. The project is developing a crypto-powered ecosystem around its electric fleet, including solar-powered charging stations strategically located in urban and suburban areas for maximum efficiency. 

Additionally, optimized routes and user incentives will be managed through the native $TUK token, which powers the platform’s payments.

Adding an element of fun, eTukTuk is launching Crazy Tuk Tuk Taxi, a mobile game inspired by the classic Crazy Taxi. Players can take on the role of a tuk-tuk driver, navigating through vibrant city streets and earning $TUK tokens as rewards for their driving skills.

Currently, $TUK tokens are available for $0.033 each in the early stages of the presale. As with any investment, it’s important to conduct thorough research and understand the associated risks. 

However, for those looking to align their investments with a more sustainable future, eTukTuk offers a promising opportunity to support environmental initiatives while potentially profiting.

JOIN THE eTUKTUK PRESALE AND DRIVE THE FUTURE OF SUSTAINABLE TRANSPORT!

Uniswap ($UNI) – Riding the Surge – Why This DeFi Token is Poised for Major Gains in the Next Bull Run

Uniswap (UNI), the governance token of the decentralized exchange Uniswap, has recently shown significant upward momentum, outperforming many top altcoins. 

Over the past 24 hours, UNI fell by 2%, bringing its current price to $9.91. Although the weekly figures remain in the red, this recent crypto sentiment has rekindled enthusiasm within the community, fostering renewed interest and speculation about UNI surpassing the $10 mark soon.

UNI’s 10% decline over the past week aligns with the current overall market trend. 

As Uniswap continues to innovate and expand its offerings, the platform’s robust user base and decentralized nature make UNI a compelling asset. 

The decentralized exchange has played a pivotal role in the growth of decentralized finance (DeFi), providing a seamless platform for crypto trading ERC-20 tokens without intermediaries.

Uniswap’s success is underpinned by its automated market maker (AMM) model, which enables users to trade tokens directly from their crypto wallets. 

This model has democratized access to liquidity and trading, allowing anyone to become a liquidity provider and earn trading fees. The platform’s continued upgrades and user-friendly interface further enhance its appeal.

Shiba Inu – Leading Popular Meme Coin Primed for Even Bigger Heights

Shiba Inu (SHIB) is one of the most important projects in the market, especially among meme coins. 

As of June 2024, SHIB is trading around $0.00002147. The price has fluctuated recently, reflecting broader market trends, particularly following U.S. job data that influenced overall market sentiment​.

Shiba Inu has been working on expanding its ecosystem beyond just being a meme coin. The Shiba Inu ecosystem includes ShibaSwap, a decentralized exchange (DEX), and Shibarium, a layer 2 protocol aimed at reducing transaction costs and increasing throughput. 

Additionally, the team is developing SHI, an algorithmic stablecoin pegged to one cent, which aims to be a global medium of exchange​.

The community behind Shiba Inu, known as the SHIB Army, has been instrumental in its growth, pushing for broader adoption and utility. 

This community-driven approach has led to SHIB being accepted by over 500 merchants globally and integrated into various payment platforms like BitPay and Newegg.

Current price predictions for Shiba Inu in 2024 suggest potential volatility but also significant growth opportunities. 

Analysts forecast that SHIB could reach as high as $0.0000467 by the end of the year, driven by factors such as the upcoming bull run and improvements in the Shiba Inu ecosystem​.

For those looking to invest in a meme coin with a robust community and ongoing development, Shiba Inu presents an intriguing opportunity, especially if the broader crypto market enters another bull run.

Cardano (ADA) – A Promising Crypto for 2024

Cardano (ADA) has been a significant player in the crypto market, and its prospects for 2024 look promising. Currently, ADA is trading around $0.42, with predictions suggesting a potential rise to $0.60 by the end of the year​​. 

This growth is attributed to several key developments and the overall bullish sentiment in the crypto market.

A major highlight for Cardano in 2024 is the upcoming Chang hard fork, which will enhance the network’s governance capabilities. 

This upgrade is expected to boost community engagement and drive further adoption of the Cardano blockchain​. 

Additionally, improvements to the Plutus smart contract platform will allow developers to port Ethereum-based contracts to Cardano, increasing its utility and appeal​.

Cardano’s commitment to interoperability is another factor that positions it well for growth. Plans to integrate with other blockchain ecosystems are set to attract more developers and expand the range of decentralized applications (dApps) on the network​. 

Despite some regulatory challenges, with ADA being labeled as a security by the SEC, the Cardano community remains optimistic. The development team and community leaders are actively addressing these concerns, aiming to clarify ADA’s status and ensure its continued growth.

Ethereum (ETH) – Poised for Growth with Ethereum ETF Approvals and Network Upgrades in 2024

Ethereum, the second-largest cryptocurrency by market capitalization, remains a cornerstone of the decentralized finance (DeFi) ecosystem. 

As of June 2024, Ethereum is trading around $3,354.98, with projections suggesting upside potential growth to $5K by the end of the year. 

This anticipated increase is fueled by the recent approval of Ethereum exchange-traded funds (ETFs), which has yet to be fully priced into the market.

The transition to Ethereum 2.0 continues to enhance the network’s scalability and efficiency. By moving from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism, Ethereum has significantly reduced its energy consumption while increasing transaction throughput. 

These improvements make the Ethereum network more appealing to developers and users alike.

Ethereum’s ecosystem supports a wide array of decentralized applications (dApps) and non-fungible tokens (NFTs), reinforcing its position as a leader in blockchain innovation. 

In summary, Ethereum presents a compelling investment opportunity due to its established infrastructure, continuous network upgrades, and growing adoption. 

As the crypto market prepares for another potential bull run, Ethereum’s strong fundamentals and significant market presence make it a key player to watch.

Tether (USDT): The Stablecoin Powerhouse

As of 2024, Tether has demonstrated significant financial strength, reporting a record net profit of $4.52 billion in the first quarter. This profit is largely attributed to its strategic holdings in U.S. Treasury bills, Bitcoin, and gold.

Tether’s reserves are backed by 90% cash and cash equivalents, ensuring robust liquidity. As of March 31, 2024, Tether’s reserves amounted to over $110 billion, with liabilities totaling approximately $104 billion. This gives Tether a net equity of $6.26 billion, underscoring its financial stability and the efficacy of its reserve management.

The stablecoin has seen substantial issuance, with over $12.5 billion in USDT native tokens issued in the first quarter alone. Tether’s strategic investments, including a notable $18.75 million in the XREX Group, highlight its commitment to innovation and financial inclusion, particularly in emerging markets.

Moreover, Tether has become one of the top holders of U.S. Treasuries, reflecting its significant role in global financial markets. Its strategic positioning allows it to support the U.S. dollar’s global dominance and provide financial stability amid growing demand for dollar-denominated digital crypto assets.

For investors and users, Tether offers a stable and reliable option for trading, cross-border transactions, and as a hedge against market volatility.

 

Conclusion

The momentum for 100x bull run gains is here.

The combination of Bitcoin’s recent halving, the approval of ETH and BTC ETFs, and significant institutional investments all point to a bullish market trajectory. 

The maturing crypto market, with its advanced infrastructure and increased user adoption, further bolsters this optimistic outlook.

However, to truly capitalize on these favorable conditions, it’s crucial to identify and invest in projects that offer the most potential for exponential returns. 

Established giants like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) remain solid choices, but the real game-changers often lie in smaller, innovative projects that are still in their presale phases. 

These hidden gems, such as PlayDoge ($PLAY), Wiener AI ($WAI), Sealana ($SEAL), Base Dawgz ($DAWGZ), Mega Dice ($DICE), and others, have shown promising signs of delivering 100X returns.

Each of these projects stands out due to its unique value proposition, strong community backing, and robust tokenomics. All of them will most likely see their all-time-high (ATH) this year.

From play-to-earn models and AI-driven trading bots to sustainable urban transport solutions and engaging meme crypto coins, these popular cryptocurrencies are not only innovative but also have the potential to attract significant investor interest as the market heats up.

As the next bull run approaches, now is the time to act. 

 

FAQ

What are the best cryptocurrencies to invest in for June 2024?

Investing in cryptocurrencies can be highly profitable, especially during a bull run. For June 2024, some of the best cryptocurrencies to consider are:

  • Bitcoin (BTC): The original cryptocurrency, often considered a safe bet due to its market dominance and widespread adoption.
  • Ethereum (ETH): Known for its smart contract capabilities and DeFi ecosystem, Ethereum is poised for growth with upcoming ETF approvals.
  • PlayDoge ($PLAY): A play-to-earn token with significant staking rewards and a strong presale performance.
  • Wiener AI ($WAI): Combines AI technology with meme coin dynamics, offering innovative trading solutions and high staking returns.
  • Sealana ($SEAL): A SOL-based meme coin with a humorous concept and significant presale success.

Why are smaller presale projects considered the best investment option for a 100X bull run?

Smaller presale projects are often considered the best investment option for massive returns due to their low initial market capitalization and high growth potential. 

These projects are usually in their early stages, which means investors can buy tokens at a lower price before they are listed on major exchanges. Historical data shows that early investments in promising presale projects can yield significant returns, especially during a bull run.

How does the maturation of the cryptocurrency market influence investment opportunities?

The maturation of the cryptocurrency market enhances investment opportunities by providing a more robust infrastructure, improved security, and increased user adoption. 

Established cryptocurrencies like Bitcoin and Ethereum have solidified their roles, making them more reliable investment options. 

Additionally, the market’s growth encourages the development of new projects that address specific challenges with innovative technology, offering investors a diverse range of opportunities.

What is the significance of Bitcoin’s halving event for the crypto market?

Bitcoin’s halving event, which occurs approximately every four years, reduces the reward for mining new blocks by half. 

This reduction in supply typically leads to Bitcoin’s price increase due to its scarcity. Historical data shows that Bitcoin’s current price tends to surge following a halving event, which often triggers a broader market rally, benefiting other cryptocurrencies as well.

How do ETF approvals for Bitcoin and Ethereum impact the market?

The approval of exchange-traded funds (ETFs) for Bitcoin and Ethereum is a significant milestone for the crypto market. They are approved by the U.S. Securities and Exchange Commission (SEC). ETFs provide a regulated and accessible way for institutional and retail investors to gain exposure to cryptocurrencies without directly holding them. 

This increased accessibility can lead to a surge in demand and investment, driving up the token prices of these cryptocurrencies and positively impacting the broader market.

Fuente

We are the editorial team of Digital Finance News, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on Digital Finance News, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Markets

Today’s top crypto gainers and losers

Digital Finance News Staff

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Jupiter and JasmyCoin lead the rally: Top crypto gainers and losers of the day

Over the past 24 hours, Jupiter and JasmyCoin emerged as the top gainers among the top 100 crypto assets, while Bittensor and Mantra plunged as the top losers.

Top Winners

Jupiter

Jupiter (JUP) led the charge among the biggest gainers on July 27.

At the time of writing, the crypto asset had surged 12.6% in the past 24 hours and was trading at $1.16. JUP’s daily trading volume was hovering around $282 million, according to data from crypto.news.

JUP Hourly Price Chart, July 26-27 | Source: crypto.news

Additionally, the cryptocurrency’s market cap stood at $1.56 billion, making it the 62nd largest crypto asset, according to CoinGecko. Despite the recent price surge, the token is still down 42.6% from its all-time high of $2 reached on Jan. 31.

Jupiter functions as a decentralized exchange aggregator that allows users to trade Solana-based tokens. The platform also offers users the best routes for direct trades between multiple exchanges and liquidity pools.

In addition to being a DEX aggregator, Jupiter has expanded into a “full stack ecosystem” by launching several new projects, including a dedicated pool to support perpetual trading and plans for a stablecoin.

JasmyCoin

JasmyCoin (JASMI) has increased by 12% in the last 24 hours and is trading at $0.0328 at press time. JASMY’s daily trading volume has increased by 10% in the last 24 hours, reaching $146 million.

Jupiter and JasmyCoin lead the rally: Today's top crypto gainers and losers - 2

JASMY Hourly Price Chart, July 26-27 | Source: crypto.news

The asset’s market cap has surpassed the $1.5 billion mark, making it the 60th largest cryptocurrency at the time of reporting. However, the self-proclaimed “Bitcoin of Japan” is still down 99.3% from its all-time high of $4.79 on February 16, 2021.

JASMY is the native token of Jasmy Corporation, a Japanese Internet of Things provider. The platform seeks to merge the decentralization of blockchain technology with IoT, allowing users to convert their digital information into digital assets.

The initiative was launched by Kunitake Ando, ​​former COO of Sony Corporation, along with Kazumasa Sato, former CEO of Sony Style.com Japan Inc., Hiroshi Harada, executive financial analyst at KPMG, and other senior executives from Japan.

Kaspa

Kaspa (KAS) saw a 100% increase in trading volume and an 8% increase in price over the past 24 hours, trading at $0.19 at the time of publication.

Jupiter and JasmyCoin lead the rally: Today's top crypto gainers and losers - 3

KAS Hourly Price Chart, July 26-27 | Source: crypto.news

According to data from CoinGecko, Kaspa now ranks 27th in the global cryptocurrency list, with a circulating supply of approximately 24.29 billion KAS tokens and a market capitalization of $4.59 billion.

Kaspa is a cryptocurrency designed to deliver a high-performance, scalable, and secure blockchain platform. Its unique Layer-1 protocol includes the GhostDAG protocol, a proof-of-work (PoW) consensus mechanism that enables faster block times and higher transaction throughput compared to standard blockchains.

Unlike Bitcoin, GhostDAG allows multiple blocks to be created simultaneously, speeding up transactions and increasing block rewards for miners.

Bonk

Bonk (BONK) is the only one coin meme which made it to this list of biggest gainers and jumped 8.6% in the last 24 hours. Trading at $0.000030, the Solana-based meme coin’s market cap has surpassed $2.1 billion, surpassing Floki (FLOKI), another competing dog-themed coin with a market cap of $1.78 billion.

Jupiter and JasmyCoin lead the rally: Today's top crypto gainers and losers - 4

BONK Hourly Price Chart, July 26-27 | Source: crypto.news

BONK’s daily trading volume hovered around $285 million. However, BONK is still down 33.5% from its all-time high of $0.000045, reached on March 4.

Bonk, a meme coin that rose to prominence in 2023, has contributed significantly to Solana’s value increase amid the meme coin frenzy.

Bonk started out as a simple dog-themed coin. It has since expanded its features to include integration with decentralized finance. The project also partners with cross-chain communication protocols, NFT marketplaces, and various other cryptocurrency ecosystems.

BONK trading pairs are now listed on major exchanges including Binance, Coinbase, OKX, and Bitstamp.

The big losers

Bittensor

Bittensor (TAO) was the biggest loser among the 100 largest crypto assets, according to data from CoinGecko.

At the time of writing, TAO, the native token of decentralized AI project Bittensor, was down 5%, trading around $344. The crypto asset had a daily trading volume of $59 million and a market cap of $2.43 billion.

Jupiter and JasmyCoin lead the rally: Today's top crypto gainers and losers - 5

TAO 24 Hour Price Chart | Source: CoinGecko

Bittensor, created in 2019 by AI researchers Ala Shaabana and Jacob Steeves, initially operated as a parachain on Polkadot before transitioning to its own layer-1 blockchain in March 2023.

Mantra

Mantra (OM) fell 6%, trading at $1.13 at press time. The digital currency’s market cap fell to $938 million. Additionally, the 82nd largest crypto asset has a daily trading volume of $26 million.

Jupiter and JasmyCoin lead the rally: Today's top crypto gainers and losers - 6

OM Price Hourly Chart, July 26-27 | Source: crypto.news

Mantra is a modular blockchain network comprising two chains, Manta Pacific and Manta Atlantic, specialized in zero-knowledge applications.

Coat

Coat (MNT) also saw a 2.4% drop in price, now trading at $0.8413. Currently, Mantle has a market cap of around $2.75 billion, which ranks 36th in the global cryptocurrency rankings by market cap, according to price data from crypto.news.

Jupiter and JasmyCoin lead the rally: Today's top crypto gainers and losers - 7

MNT Hourly Price Chart, July 26-27 | Source: crypto.news

Over the past 24 hours, MNT trading volume also fell by 6%, reaching $240 million.

Mantle, formerly known as BitDAO, is an investment DAO closely associated with Bybit. The MNT token is essential for governance, paying gas fees on the Mantle network, and staking on various platforms.

Built on the Ethereum network, Mantle provides a platform for decentralized application developers to launch their projects. It has become particularly popular for GameFi applications, leading to the formation of an internal Web3 gaming team.

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Bitcoin Price Drops to $67,000 Despite Trump’s Pro-Crypto Comments, Further Correction Ahead?

Digital Finance News Staff

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Bitcoin Price Drops to $67,000 Despite Trump’s Pro-Crypto Comments, Further Correction Ahead?

Pioneer cryptocurrency Bitcoin has registered a 1.13% decline in the past 24 hours to trade at $67,400. Despite a strong pro-crypto stance from US presidential candidate Donald Trump at the Bitcoin 2024 conference, this massive selloff has raised concerns in the market about the asset’s sustainability at a higher price. However, given the recent three-week rally, a slight pullback this weekend is justifiable and necessary to regain the depleted bullish momentum.

Bitcoin Price Flag Formation Hints at Opportunity to Break Beyond $80,000

The medium-term trend Bitcoin Price remains a sideways trend amidst the formation of a bullish flag pattern. This chart pattern is defined by two descending lines that are currently shaping the price trajectory by providing dynamic resistance and support.

On July 5, BTC saw a bullish reversal from the flag pattern at $53,485, increasing its asset by 29.75% to a high of $69,400. This recent spike followed the market’s positive sentiment towards the Donald Trump speech at the Bitcoin 2024 conference in Nashville on Saturday afternoon.

Bitcoin Price | Tradingview

In his speech, Trump outlined several pro-crypto initiatives: he promised to replace SEC Chairman Gary Gensler on his first day in office, to establish a Strategic National Reserve of Bitcoin if elected, to ensure that the U.S. government holds all of its assets. Bitcoin assets and block any attempt to create a central bank digital currency (CBDC) during his presidency.

He also claimed that under his leadership, Bitcoin and cryptocurrencies will skyrocket like never before.

Despite Donald Trump’s optimistic promises, the BTC price failed to reach $70,000 and is currently trading at $67,400. As a result, Bitcoin’s market cap has dipped slightly to hover at $1.335 trillion.

However, this pullback is justified, as Bitcoin price has recently seen significant growth over the past three weeks, which has significantly improved market sentiment. Thus, price action over the weekend could replenish the depleted bullish momentum, potentially strengthening an attempt to break out from the flag pattern at $70,130.

A successful breakout will signal the continuation of the uptrend and extend the Bitcoin price forecast target at $78,000, followed by $84,000.

On the other hand, if the supply pressure on the upper trendline persists, the asset price could trigger further corrections for a few weeks or months.

Technical indicator:

  • Pivot levels: The traditional pivot indicator suggests that the price pullback could see immediate support at $64,400, followed by a correction floor at $56,700.
  • Moving average convergence-divergence: A bullish crossover state between the MACD (blue) and the signal (orange) ensure that the recovery dynamics are intact.

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Frequently Asked Questions

A CBDC is a digital form of fiat currency issued and regulated by a country’s central bank. It aims to provide a digital alternative to traditional banknotes.

The proposal for a strategic national Bitcoin reserve is a major confirmation of Bitcoin’s legitimacy and potential as a reserve asset. Such a move could position Bitcoin in a similar way to gold, potentially stabilizing its price and encouraging other countries to adopt similar strategies.

Conferences like Bitcoin 2024 serve as essential platforms for networking, knowledge sharing, and showcasing new technologies within the cryptocurrency industry.

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Swiss crypto bank Sygnum reports profitability after surge in first-half trading volumes – DL News

Digital Finance News Staff

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Swiss crypto bank Sygnum reports profitability after surge in first-half trading volumes – DL News
  • Sygnum says it has reached profitability after increasing transaction volumes.
  • The Swiss crypto bank does not disclose specific profit figures.

Sygnum, a Swiss global crypto banking group with approximately $4.5 billion in client assets, announced that it has achieved profitability after a strong first half, with key metrics showing year-to-date growth.

The company said in a Press release Compared to the same period last year, cryptocurrency spot trading volumes doubled, cryptocurrency derivatives trading increased by 500%, and lending volumes increased by 360%. The exact figures for the first half of the year were not disclosed.

Sygnum said its staking service has also grown, with the percentage of Ethereum staked by customers increasing to 42%. For institutional clients, staking Ethereum has a benefit that goes beyond the limitations of the ETF framework, which excludes staking returns, Sygnum noted.

“The approval and launch of Bitcoin and Ethereum ETFs was a turning point for the crypto industry this year, leading to a major increase in demand for trusted, regulated exposure to digital assets,” said Martin Burgherr, Chief Client Officer of Sygnum.

He added: “This is also reflected in Sygnum’s own growth, with our core business segments recording significant year-to-date growth in the first half of the year.”

Sygnum, which has also been licensed in Luxembourg since 2022, plans to expand into European and Asian markets, the statement said.

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Former White House official Anthony Scaramucci says cryptocurrency bull market could be sparked by regulatory clarity

Digital Finance News Staff

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Former White House official Anthony Scaramucci says cryptocurrency bull market could be sparked by regulatory clarity

Anthony Scaramucci, founder of Skybridge Capital, says the next cryptocurrency bull market could be sparked by a new wave of clear cryptocurrency regulations.

In a new interview On CNBC’s Squawk Box, the former White House communications director said he and two other prominent industry figures traveled to Washington, D.C. to speak to officials about the dangers of Sen. Elizabeth Warren and U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler’s hardline approach to cryptocurrency regulation.

“Mark Cuban, myself, and Michael Novogratz were in Washington a few weeks ago to speak with White House officials and explain the dangers of Gary Gensler and Elizabeth Warren’s anti-crypto approach. I hope that message gets through…

“Overall, if we can get regulatory policy around Bitcoin and crypto assets in sync, we will have a bull market next year for these assets.”

Scaramucci then compares crypto assets to ride-hailing company Uber, saying regulators were initially wary of the service but eventually decided to adopt clear guidelines due to public demand.

“Remember Uber: Nobody wanted Uber. A lot of regulators didn’t want it. Mayors and deputy mayors didn’t want it, but citizens wanted Uber and eventually accepted the idea of ​​regulating it fairly. I think we’re there now.”

The CEO also says young Democratic voters believe their leaders are making the wrong choices when it comes to digital assets.

“I think President Trump’s move toward Bitcoin and crypto assets has shaken Democrats to their core, and I think very smart, younger Democrats are recognizing that they are completely off base with their positions, completely off base with these SEC lawsuits and regulation by law enforcement, and now they need to get back to the center.”

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