Top 5 Altcoins to Invest in Today July 20 – LayerZero, zkSync, StarkNet

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Some altcoins are seeing massive market gains to make it into our list the best altcoins to invest in today. The surge in these tokens comes as the broader cryptocurrency market is experiencing a recovery catalyzed by favorable macroeconomic conditions. This presents an opportunity to capitalize on the pre-altcoin season dip.

In the meantime, there are plenty of promising altcoins that offer investors an ideal entry point into the market. Therefore, Insidebitcoins has compiled a list of the top five tokens that fit this description. We will explore the factors driving the positive movement of these altcoins and why they are among the best tokens to consider today.

Top 5 Altcoins to Invest in Today

Based on historical data from past bull cyclesEthereum’s rally typically precedes significant growth in other altcoins. However, the current performance of the cryptocurrency market diverges from popular predictions, leading many investors to wonder when the expected crypto rally will begin.

Given the recent market trends, it is essential to reassess our forecasts. We analyze the performance of several altcoins that are worth considering. Our main goal is to identify and provide details on potential investment opportunities.

1. zkSync (ZK)

zkSync is a cutting-edge protocol that launched less than four weeks ago. The project was designed as a unique layer-2 solution to address persistent inefficiencies in the Ethereum blockchain. It does this by improving Ethereum’s efficiency by reducing transaction fees and speeding up processing times.

Additionally, zkSync developers have made sure that the project stands out from similar Ethereum Layer-2 solutions. The lead developer announced on the official Twitter account that existing Ethereum solutions offer fast and affordable transaction speed, but they come at the cost of security. To maintain strong security, zkSync relies on the powerful ZK Rollups technology.

Meanwhile, the project recently gained attention by launching its ZK token and presenting a detailed tokenomics plan. Of the 21 billion ZK tokens, 17.5% have been reserved for an airdrop to network users. This strategic allocation aims to foster community engagement and market visibility.

ZkSync is priced at $0.1805 with a 24-hour trading activity of over $143.9 million. The token opened its trading day at $0.1980, marking a 7% gain before retracting to a 6.25% gain over the last 24 hours. Currently, zkSync looks promising, as demonstrated by a bullish sentiment and a Fear and Greed Index of 60, which indicates greed.

2. Weiner AI (WAI)

Weiner AI is an innovative project that integrates cutting-edge AI features with the popularity of dog-themed memes. The team is leveraging several unique strategies, including playful sausage meat memes and an AI trading bot, to carve out a niche for the token. It has notably responded positively to these strategies by raising over $7.5 million in its ongoing presale, when the price was $0.00077.

Meanwhile, WienerAI’s sophisticated trading bot helps traders and investors make informed and profitable trading moves with an easy-to-navigate trading interface. It automatically helps traders identify the best take profit and stop loss points when trading crypto. The bot also provides users with useful market analysis insights and trading tips to increase their chances of profit.

Additionally, those who own WAI tokens can stake their tokens to earn around 148% passive income. A notable 20% of the total WAI supply has been allocated for staking, implying that stakers can earn huge returns before the token launches. Potential investors can purchase WAI while it is being sold at an affordable price during the presale phase. Furthermore, investors should join the presale immediately as the token’s price will increase in around 11 days.

This is why Weiner AI stands out from other meme tokens with its distinct integration of meme virality with innovative artificial intelligence. This integration acts as a massive catalyst behind the project’s initial success. WienerAI The developers also reiterated their commitment to improving its AI-based trading robot to ensure profitability.

Join the WienerAI Presale

3. LayerZero (ZRO)

LayerZero is a unique and distinct blockchain protocol that facilitates seamless communication between multiple blockchains. This project aims to streamline the way messages are distributed across multiple blockchain platforms. The protocol ensures that broadcast messages maintain their originality and are delivered securely with custom trust parameters.

One of LayerZero’s distinctive elements is its use of Ultra-Light Nodes (ULNs). ULNs are smart contracts embedded in each participating blockchain, acting as built-in nodes for cross-chain communication. They verify the integrity of every message and transaction by checking transaction proofs and block headers, increasing efficiency and security.

Meanwhile, the price of ZRO is currently at $4.15. The token opened its trading session with a gain of 4.33%. It is worth noting that it is up almost 10% in the last 24 hours at the time of writing. LayerZero reached an all-time high of $6.22 on June 20, 2024, and its lowest price of $2.82 on June 22, 2024. The lowest price since its peak was $2.82, and the highest since that low was $3.36.

Although launched just a few days ago, the token is showing signs of being overbought as bulls manage to keep bears on a tight leash. Moreover, analysts predict that the token could retest its ATH point of $6 if profit-takers are kept at bay. It will be interesting to see how the token performs this week; however, investors can keep ZRO on their watchlist.

4. Penalty Shootout with Shiba (SHIBASHOOT)

If you are an investor thinking about ways to invest in projects that would give you the best return on investment, you should look into Penalty Shootout Against Shiba. One of the highlights of Shiba Shootout is its “Posse Rewards” referral program. This program incentivizes users to invite their acquaintances to join the community by offering increasingly larger rewards for each new member referred. This approach fosters a cooperative and engaging atmosphere.

Campfire Story sessions are informal gatherings where community members share personal experiences and perspectives on the cryptocurrency and memecoin industries. These sessions foster networking, knowledge sharing, and a strong sense of community among participants. Projects that nurture a dedicated and engaged community often achieve higher success rates, as these loyal users become advocates and promoters, driving adoption and demand for the token.

Additionally, users have the opportunity to win valuable prizes through the “Lucky Lasso Lottery” by staking their Shiba Shootout tokens. This feature creates excitement and encourages active participation. As more participants engage with the project, with the aim of obtaining notable rewards, the demand for $SHIBASHOOT is expected to increase, which could lead to a significant price increase. The token is valued at $0.0196 today; investors should hurry as the price will increase in 3 days.

Visit the Shiba Shootout Presale

5. Starknet (STRK)

Starknet’s technology addresses the growing need for scalability and privacy in blockchain applications. The token reduces congestion on the Ethereum network, ensuring faster, more efficient, and more secure transactions. This feature has increased its value, which is expected to increase as its adoption and technology advance.

Starknet’s prospects likely depend on its adoption and acceptance within the blockchain ecosystem. The potential rewards could be significant as the token expands its utility and widespread acceptance in the coming months. Notably, the token is currently trading at $0.5886, reflecting a 5.5% increase in the last 24 hours.

The StarkNet token price has seen notable volatility over the past month, with fluctuations ranging from a high of $1.60 to a low of $0.50. The recent price surge can be attributed to the news of a proposed strategic partnership with a major tech company, which has sparked investor optimism about the project’s prospects.

However, this bullish momentum was short-lived as profit-taking and market corrections pushed the price back down. Despite this setback, Starnet’s long-term fundamentals remain strong, supported by a growing user base and continued development of its platform.

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