Top Cryptos to Invest in Now: DAO Maker, XRP, 1inch Network (April 28)
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Governments currently hold about 2.3% of Bitcoin's total supply, a slight decrease from July 2024 levels, according to CoinGecko. While some countries have sold portions of their reserves, those like El Salvador and Bhutan continue to expand their holdings.
As Bitcoin trades above $95,000, optimism remains strong, with investors eagerly positioning themselves ahead of the pack in search of promising cryptocurrencies.
Top Picks for Your Portfolio
XRP (XRP)
The U.S. Securities and Exchange Commission (SEC) recently greenlit three new XRP exchange-traded funds (ETFs) from ProShares. These ETFs are set to launch on April 30, as per regulatory filings. XRP has been showing significant growth, reaching $2.32 after a 6.61% daily increase. The token's market cap stands at $135.94 billion, while daily trading volume has soared sharply to $5.29 billion. Over the past year, XRP has experienced a 347% price jump, placing it among the top 95% of the market.
The token trades about 18% above its 200-day simple moving average, indicating a potential positive long-term trend. Although XRP is steadily gaining strength, it remains roughly 40% below its all-time high, offering ample room for recovery if the positive momentum continues. Market sentiment appears bullish, with the Fear & Greed Index showing a neutral reading of 54. Moreover, XRP boasts high liquidity relative to its market size, which often supports smoother trading and helps minimize large price swings.
1inch Network (1INCH)
1inch Network recently collaborated with Trezor hardware wallets, allowing users to access 1inch Swap directly within the Trezor Suite application. This update combines 1inch's decentralized exchange (DEX) aggregation technology with Trezor's hardware-level security, providing enhanced swap rates, protection against front-running attacks, and seamless fund control during transactions.
With 1inch's technology, a unique algorithm scans and compares rates across multiple decentralized exchanges to offer users the best deals on fees and minimize price slippage. The collaboration between 1inch and Trezor emphasizes ongoing efforts to improve the security, accessibility, and efficiency of decentralized trading for all users.
DAO Maker (DAO)
DAO Maker is a platform dedicated to helping crypto startups grow and engaging retail investors. The DAO token, currently trading at $0.1650, saw an 11.02% increase in the past 24 hours, bringing the market cap to $32.5 million. Trading volume surged over 650% during the same period, signaling heightened trading activity relative to DAO's size.
Recent developments include a partnership with Shakebox.app, allowing DAO holders to participate in chance-based games using the token. The partnership also supports instant cross-chain swaps between Binance Smart Chain (BSC) and Ethereum, aiming to streamline user transaction efficiency. Currently, there is over $4 million in DAO liquidity available.
SUBBD (SUBBD)
SUBBD is an innovative crypto project seeking to revolutionize the way influencers and their audiences interact in the digital economy. The project offers a dual-purpose token supporting funding and engagement with content creators through blockchain technology. The project recently raised over $283,000 during its presale phase, with each token priced at $0.055275.
At its core, SUBBD introduces a two-way system where fans can financially support their favorite influencers by purchasing tokens. The model aims to empower creators by giving them a vested interest in their followers' support. In addition to investment opportunities, SUBBD plans to launch an app featuring AI-powered influencer models tailored to personal preferences, enabling simulation of activities such as posting videos and hosting livestreams across major platforms.
Pepe (PEPE)
PEPE is a meme coin built on the Ethereum blockchain in tribute to the iconic Pepe the Frog character. This light-hearted project touts no claims of practical utility and maintains a no-tax policy, drawing a specific group of the crypto community that values humor and simplicity above functionality.
Currently priced at $0.000009040, PEPE has experienced a daily gain of 1.92%. It has posted 17 green days in the past month, reflecting consistent trader interest. The token boasts strong liquidity, with a 24-hour volume-to-market-cap ratio of 0.1783. Trading volume like this can suggest easy asset liquidity without causing severe price fluctuations.
Keep an eye on these promising cryptocurrencies as you chart your investment course in the rapidly evolving crypto landscape! Get ready to ride the wave and make smart, informed choices. Join our Telegram channel to stay connected to the latest updates and breaking news in the crypto world.
- The governments' Bitcoin holdings have slightly decreased from July 2024 levels, with countries like Bhutan expanding their Bitcoin reserves, according to CoinGecko.
- Amidst the optimism in the crypto world, where Bitcoin trades above $95,000, some investors are looking towards intriguing cryptocurrencies like XRP, which has been gaining significant growth recently.
- Enhancing the security and efficiency of decentralized trading, Trezor's hardware wallets have partnered with 1inch Network, allowing users to access 1inch Swap directly within the Trezor Suite application.
- Investors interested in supporting content creators through blockchain technology can consider SUBBD, an innovative crypto project that has raised over $283,000 during its presale phase.
