Crypto Gloom

5 Best Altcoins to Invest in Today, Sep 26 – OKB, Wormhole, Conflux, Theta Network

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By Crypto Gloom

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Leading cryptocurrency Bitcoin (BTC) may be facing a bullish trend, according to recent analysis. Analysts highlight declining Bitcoin holdings and increasing stablecoin holdings as key indicators of a potential price rise.

The combination of decreasing supply and increasing purchasing power has led many to believe that the price of Bitcoin could soon skyrocket. Given this bullish sentiment, investors are looking for: Best altcoins to invest in today.

5 best altcoins to invest in today

Wormhole is integrated with tokenization platform Securitize to improve interoperability. Meanwhile, Conflux is collaborating with the Worldwide Stablecoin Payment Network (WSPN). Theta Labs also launched EdgeCloud for mobile, allowing users to leverage the GPU power of their smartphones as nodes within a decentralized network.

Meanwhile, OKX recently completed the largest burn in the platform’s history. The launch of MegaDice token (DICE) is also attracting attention ahead of its debut on the exchange. additionally, PayPal has expanded its services.Now sellers can buy and sell cryptocurrencies.

1. Wormhole (W)

Tokenization platform Securitize recently integrated the Wormhole cross-chain communication protocol with the goal of improving the transferability of tokenized real-world assets (RWA) across blockchain networks. In a September 20 announcement, Securitize emphasized that this move is intended to facilitate faster and more cost-effective transactions, thereby fostering the growth of a cross-chain ecosystem for RWAs, potentially including tokenized financial assets, goods, and artwork.

W price chart

Carlos Domingo, CEO of Securitize, emphasized that to realize the full benefits of blockchain technology, tokenized securities must operate on a public, permissionless blockchain. By integrating Wormhole, the platform hopes to overcome current barriers to asset transferability that limit widespread adoption.

Wormhole is changing hands at $0.3066 following an intraday gain of 18.58%. W has shown strong liquidity and positive trends, closing above its daily opening for half of the past month.

In terms of price prediction, Wormhole is expected to trade between $0.2936 and $0.3302 by the end of this week, with a potential uptick of 12.45% by September 29th. Next week’s price could range from $0.3302 to $0.4127, which represents a possible 25% increase. It will rise once the upper limit target is reached by October 6, 2024.

Overall, Securitize’s integration with Wormhole can improve cross-chain capabilities for tokenized assets, and Wormhole’s ongoing price trends and forecasts indicate steady growth in the near term.

2. Conflux (CFX)

Conflux has emerged as a notable player in the decentralized finance (DeFi) space, especially with its recent partnership with the Worldwide Stablecoin Payment Network (WSPN). Through this collaboration, we aim to introduce WSPN’s stablecoin, WUSD, to the Conflux blockchain to enhance the platform’s capabilities for global payments and financial markets. WUSD is pegged 1:1 to the US dollar and provides users with stable returns as well as increased staking rewards and access to the growing DeFi ecosystem.

CFX price chart

Currently, Conflux’s native token, CFX, is trading at $0.184646 and has seen a price increase of 17.45% in the last 24 hours. Over the past year, the token is up 51% and remains above its 200-day simple moving average. It has shown solid liquidity and has outperformed its daily opening price 57% of the time over the past 30 days.

In terms of short-term forecasts, Conflux is expected to trade within a range of $0.171272 to $0.192285 this week. If you reach the higher target, you can earn a profit of 12.27% by September 30, 2024. A potential price range for the next week is forecast between $0.192285 and $0.239733, suggesting a possible increase of 24.68% until October 7, 2024.

Looking ahead to 2024, Conflux is expected to trade between $0.171272 and $0.807359. Hitting the upper range would mean a significant increase of 335.79%. However, market dynamics and broader economic factors will affect whether these goals are achieved.

3. Theta Network (THETA)

Theta Labs launched EdgeCloud for mobile, allowing users to contribute their smartphone’s GPU power as nodes within the decentralized network. In return, participants earn TFUEL tokens. The platform aims to enhance decentralized cloud infrastructure by leveraging the computing power of approximately 3.9 billion active Android devices.

THETA price chart

Theta EdgeCloud is a DePIN-based hybrid cloud edge platform that provides scalable and cost-effective GPU computing resources using over 30,000 distributed nodes. As smartphones become more powerful, Theta Labs hopes to leverage these devices for more complex computational tasks.

The current price of Theta token (THETA) is $1.54, up 8.6% in the last 24 hours. It has grown 141% over the past year, surpassing 61% of the top 100 cryptocurrency assets. THETA is trading 15.27% above its 200-day simple moving average of $1.33, indicating positive momentum. Additionally, while overall sentiment remains neutral, 21 technical indicators are showing bullish signals. By October 26, 2024, the price is expected to rise 5.09% to approximately $1.59.

Overall, the performance of the Theta token suggests steady growth with high liquidity and positive movement above key technical thresholds. However, while market sentiment is positive, we remain cautious in the short term.

4. United Nations

OKX recently completed its 25th OKB buyback and burn, purchasing and burning approximately 17.34 million OKB tokens, marking the largest burn in history. The total value of destruction was approximately $661 million. OKX previously said the share buyback was tied to seasonal market conditions and operating performance, but no specific details about the process were disclosed.

OKB price chart

OKB is trading at $42.79, up 7.91% over the last 24 hours. The token has shown a sustained upward trend, closing above its daily opening price on 16 of the last 30 days, suggesting bullish momentum. The overall sentiment based on technical analysis points to a positive outlook.

In the short term, OKB is expected to trade within the range of $42.25 to $42.70, with an increase of 1.07% to $42.70 by September 29, 2024. However, the token may fall slightly in the coming week depending on the expected price range. From $42.35 to $42.70, which means it could fall 0.83% to $42.35 by October 6, 2024.

Looking further into 2024, OKB is expected to fluctuate between $39.92 and $56.26. If the upper target is reached, this represents an increase of 31.78%, highlighting potential growth despite short-term fluctuations.

5. Mega Dice ($DICE)

coming soon mega dice The token (DICE) is receiving great attention as it prepares to debut on the exchange in just a few days. DICE is scheduled to be listed on Solana’s Raydium DEX at 3pm (CET) on September 30th, so market attention will be focused. This is because the $DICE token is closely linked to Mega Dice Casino, an already established platform in the cryptocurrency gambling sector. As a result, expectations for its release are growing.

Pre-sale investors can claim $DICE tokens on listing day by linking their wallets through the project website. Additionally, the token is currently available to early backers for $0.116056, with presale approaching $2 million thanks to strong interest, including a notable $20,000 investment from a single participant.

What makes the launch of $DICE even more attractive is Mega Dice Casino’s significant user base. The casino currently boasts 10,000 active players and a monthly wagering volume of $50 million, putting it ahead of many of its competitors and generating even more interest in $DICE.

dice tweet

Additionally, $DICE holders have the opportunity to benefit directly from casino performance through staking along with current rewards.

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The annual return is 286.4%. The platform also announced a $2.25 million airdrop spread over three seasons, making it more attractive to early investors. This combination of rewards and staking mechanisms helps set Mega Dice apart in the growing GambleFi sector.

With its exchange debut just around the corner, $DICE has gained significant momentum thanks to its established platform, community growth, and attractive staking rewards. For those interested in cryptocurrency gambling tokens, mega dice Although it presents an interesting option, you should always consider the risks before investing.

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Most searched cryptocurrency launch – Pepe Unchained

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  • Layer 2 Meme Coin Ecosystem
  • Cointelegraph Special
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  • Staking Rewards – pepeunchained.com
  • Over $10 Million Raised in ICO – Ending Soon

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