Crypto Gloom

Best Cryptocurrencies to Invest in Right Now September 18 – Beam, Worldcoin, Cardano

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Michael van de Poppe, a prominent crypto analyst, recently shared his thoughts on the altcoin market. He believes that the altcoin season is slowly starting to take shape. In a recent post on X, he observed that many altcoins are trending upwards, with several digital assets seeing daily price increases.

He also suggests that the current bullish momentum in the altcoin market could be strengthened. According to his analysis, this period could represent an improved market outlook for altcoins. Accordingly, many investors are optimistic about potential profits and are actively The best cryptocurrencies to invest in right now. This sentiment is driven by the belief that the market may continue to strengthen in the coming months and provide growth opportunities.

The best cryptocurrencies to invest in right now

Worldcoin recently expanded its scope by integrating with the Solana blockchain to improve its user verification process. Meanwhile, Memebet, a new project that combines the popularity of meme coins with the online casino sector, quickly gained attention by raising $244,000 in its pre-sale. The AI-based cryptocurrency market has also grown considerably, with tokens like the Artificial Superintelligence Alliance (FET) emerging as top tokens.

1. BEAM

Beam is a blockchain-based platform designed to connect gamers and developers to drive innovation in the gaming industry. At its core is the Beam SDK, a software toolkit that provides game developers with a variety of options to integrate blockchain features into their games.

This flexibility allows developers to customize how they use blockchain technology within their games to suit their needs. The Beam token, currently valued at $0.01478, has seen a promising 2.98% gain over the past day. Over the past 30 days, the token has seen 17 green days, or periods of price appreciation, accounting for 57% of the time.

BEAM Price Chart
In addition, this consistent upward trend suggests a strong and positive market position for the token. In addition, the token’s liquidity is solid, exceeding its market cap, and it is actively traded on major exchanges, including Binance. In particular, the trading volume surged by 81.30% to reach $22 million, further strengthening the token’s market strength.

Beam also saw significant movement in volume on the Upbit exchange, with activity surging by 242.54% in a 4-hour period, jumping from $35 million to $122 million. On Binance, however, BEAM’s volume fell by 39.80% during the same period, dropping from $6 million to $4 million. These changes highlight varying levels of interest in different markets, but suggest increased engagement for the token.

2. World Coin (WLD)

Worldcoin is known for its approach to identity verification. It uses advanced biometric technology to create a unique digital identity called World ID. This World ID is designed to be a “global digital passport” for a future increasingly shaped by artificial intelligence and digital interactions.

Recently, Worldcoin has expanded its scope to focus on strengthening user verification by integrating with the Solana blockchain. This move was facilitated by Wormhole, an interoperability protocol that connects the World ID state root (a snapshot of essential data) from Ethereum to Solana.

WLD Price Chart

This integration aims to provide Solana-based projects with tools to mitigate the spam and bot-related issues prevalent due to Solana’s low transaction fees. World ID can act as a deterrent against spam and Sybil attacks, providing a validation layer for the network.
Despite legal and privacy concerns surrounding biometric identity verification, this integration highlights how Worldcoin’s technology can solve real-world challenges. For Solana, which is often plagued by bot activity, World ID presents a potential solution to reduce these issues.

Meanwhile, Worldcoin’s native token (WLD) has seen a price increase of more than 7% since the announcement. Currently, WLD is trading at $1.47, reflecting an intraday increase of 1.91%. With 16 green days in the last 30 days, the token shows relatively high liquidity relative to its market cap.

This integration could also strengthen Worldcoin’s broader goal of providing universal access to the digital economy. The system is also built to accommodate future upgrades, further increasing potential trust in the project.

3. Artificial Intelligence Superintelligence Alliance (FET)

The AI ​​crypto space has grown significantly, with tokens like Artificial Superintelligence Alliance (FET) leading the way. Last week, FET’s price rose 2.09% to $1.30. This growth has contributed to increased activity in the AI-focused crypto market.

The recent rally in FET was driven by a breakout of the long-term trendline resistance level, indicating strong bullish momentum. Large volumes and whale activity supported this upward movement, with a notable volume of $56.14 million contributing to the 11% gain on September 10.

FET Price Chart

Although FET is trading below $1.50, technical analysis suggests further potential growth. The token could break above its 200-day exponential moving average (EMA) in the short term, signaling the start of a new bullish phase.

In addition to price-performance, the Artificial Superintelligence Alliance proposes to integrate CUDOS, a leader in decentralized AI computing, into the ecosystem. This proposal will be put to a community vote from September 19 to September 24, 2024.

Once the integration is approved, the CUDOS token (CUDOS) will be merged with FET, creating a unified network under a single ecosystem. The merger aims to strengthen the Alliance’s capabilities by combining resources and technologies, and improve the development of large-scale AI and machine learning applications.

4. Cardano (ADA)

Cardano is a prominent blockchain known for using a Proof of Stake (PoS) consensus mechanism, in contrast to Bitcoin’s energy-intensive Proof of Work (PoW) system. Cardano stands out for applying a peer-reviewed research process to its technology development. This approach allows for external validation of ideas, and according to the team, resolves potential issues before they arise, ensuring the durability and stability of the blockchain.

In recent news, EMURGO, a blockchain company that promotes commercial adoption of Cardano, has partnered with Zilliqa Group, a company specializing in Web3 and metaverse projects in the luxury and entertainment sectors. The collaboration aims to enhance interoperability between the Cardano and Zilliqa ecosystems, enabling more integrated and secure transactions on both platforms. The collaboration also includes creating interoperable liquidity channels, providing a more seamless user experience across both networks.

ADA Price Chart

EMURGO will provide expertise in Web3 technologies, including stablecoins and wallet infrastructure, to help tokenize luxury assets on the Zilliqa platform. This move is in line with Cardano’s broader goal of expanding its reach across a range of sectors.

Additionally, the Cardano team has planned a major upgrade called Leios, which will be released in Q4 2024. This upgrade will improve transaction speeds, potentially allowing it to outperform competitors like Solana while maintaining the decentralized nature of the network.

Moreover, Leios is part of a larger roadmap that includes other solutions such as Hydra and sidechains, aimed at improving Cardano’s scalability and efficiency. Cardano’s focus on academic rigor, sustainability, and strategic partnerships reflects its commitment to building a long-term, reliable blockchain infrastructure.

5. MEMEBET

Memebet is a newly launched project that combines the growing meme coin trend with the online casino industry. The pre-sale quickly raised $244,000, showing interest in the concept. The token is the backbone of a betting platform integrated with Telegram, where users can bet using the well-known meme cryptocurrency.

MEMEBET Tweet

The platform operates entirely within the Telegram app and appeals to a specific audience, including meme coin holders, Telegram trading bot users, and those interested in online gambling. Users can deposit and withdraw using popular meme coins such as Pepe, Dogewithhat, Shiba Inu, and Bonk. Blockchain technology powers the system, allowing transactions to be processed instantly, reducing delays commonly seen with traditional payment methods.

Users only need a cryptocurrency wallet to participate, bypassing the typical customer verification (KYC) process or account creation process on many platforms. This feature provides a more personal and streamlined experience for users. The casino offers a variety of games including keno, video poker, blackjack, roulette, and slots, expanding its appeal to a wider range of gamblers.

today, gambling The token price is $0.0252. Early investors will have immediate access to tokens, a unique advantage that is only available in the early stages. The platform is currently in the final stages of its funding round, and there are only two days left before the token price goes up.

Visit Memebet Pre-Sale

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