Top 3 Cryptocurrencies to Invest in from April to June: NFTFN, Dogwifhat, and AEVO
2024 has undoubtedly been a good year for the cryptocurrency market so far. The new year has brought with it an overall positive sentiment and bullish momentum to repair the damage suffered by the prolonged cryptocurrency winter of 2022-23. The first quarter of 2024 saw several milestones, including a new all-time high (ATH) for Bitcoin (BTC).
As we head into the second quarter of 2024, cryptocurrency investors and traders are wondering which cryptocurrencies can mirror the impressive returns witnessed in the first quarter of 2024. Cryptocurrency experts believe that NFT Finance (NFTFN), Dogwifhat (WIF), and Aevo (AEVO) could offer significant growth potential for investors from April to June 2024.
NFT Finance (NFTFN)
NFTFN is a leading web3 fintech company that aims to solve the problems surrounding the non-fungible token (NFT) market. NFTFN offers sophisticated financial products that make its collection of blue-chip NFTs accessible to a wider range of traders through innovative products such as SuperNova (SNV). NFTFN is currently in the pre-sale phase where investors are lining up to purchase the token at $0.025.
NFTFN is poised to benefit from the growing popularity of the broader NFT market, which is expected to reach $230 billion in market capitalization by 2030. This innovative project is supported by people like Polygon founder Sandeep Nailwal. NFTFN also boasts strategic partnerships with Binance Smart Chain, OpenSea, Google Cloud, and more.
Dog We Pot (WIF)
Dogwifhat is the most successful meme coin to emerge from the Solana ecosystem. WIF has surged more than 328% over the past month, reaching $3.9. This meme coin currently boasts a market capitalization of $3.7 billion and a daily trading volume of over $1 billion.
WIF’s recent rally was primarily triggered by its listing on Binance, the world’s largest cryptocurrency exchange. The Binance effect may have waned, but dogwifhat’s continued increase in trading volume means investors have yet to use this meme coin. Dogwifhat is also well-positioned to benefit from the growth of the Solana ecosystem.
Evo
Aevo is a decentralized exchange that runs on a custom Ethereum rollup called Aevo L2. This derivatives exchange allows users to trade cryptocurrency options, perpetual futures, and even pre-launch tokens. This DEX boasts a trading volume of $30 billion and processes over 5,000 transactions per second (TPS).
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Over the past week, the AEVO token has grown by more than 38%, reaching a market capitalization of $349 million. AEVO is currently trading at $3.7 and has a daily trading volume of over $273 million. AEVO also serves as Ribbon Finance’s governance token, enhancing its growth potential.
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