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Cryptocurrency News Articles
Top 5 Cryptocurrencies to Invest in Right Now: QNT, CEL, WEPE, PYTH, SEI
Dec 28, 2024 at 09:03 pm
Bitcoin is projected to hit $185,000 by 2025, with growth attributed to rising interest from institutions, corporations, and even governments.
Bitcoin is projected to hit $185,000 by 2025, thanks to rising interest from institutions, corporations, and even governments. Analysts believe this shift signals increasing trust in cryptocurrencies as a store of value and an alternative financial asset.
Meanwhile, Ethereum is expected to surpass $5,500, driven by staking activity exceeding 50% participation.
Institutional investments and corporate involvement have fueled these predictions. Furthermore, the possibility of nation-states adopting cryptocurrencies adds momentum, potentially redefining their role in global finance.
As these developments unfold, interest in cryptocurrencies continues to grow. Many investors and analysts are exploring the top crypto to invest in right now.
Top Crypto to Invest in Right Now
Celestia experienced a notable price increase, reaching $5.21, representing a 12.31% gain within the last 24 hours. Similarly, QNT has shown steady growth, currently valued at $111.10 after a 19.22% rise over the past month.
In another development, Pyth Network has integrated real-time oil price data into decentralized finance (DeFi), bridging traditional financial markets with blockchain-based ecosystems.
1. Quant (QNT)
Quant aims to connect blockchains and networks globally without sacrificing efficiency or compatibility. It addresses the challenge of interoperability by introducing Overledger, a blockchain operating system designed to link different blockchain networks. This system acts as a bridge, allowing multiple blockchains to work together seamlessly.
The platform focuses on creating a distributed ledger technology that connects diverse networks, simplifying blockchain integration. Quant’s Overledger is presented as the first operating system tailored for blockchains, highlighting its unique approach to solving a fundamental issue in the blockchain ecosystem.
QNT trades at $111.10, reflecting a 19.22% growth over the past month. The token’s performance shows a neutral market sentiment, with a Fear & Greed Index score of 72, indicating greed. It is trading 23.59% above its 200-day simple moving average of $90.30, suggesting a positive trajectory.
Over the past month, QNT experienced 16 green days out of 30, or 53%. The 14-day Relative Strength Index (RSI) stands at 48.57, signaling neutral momentum and potential sideways trading.
Moreover, predictions suggest QNT could finish the year trading between $112.98 and $114.06. This range implies a modest 2.30% increase from the current price, offering potential returns of 2.68% if the forecast holds.
2. Celestia (TIA)
Celestia recently saw its price rise to $5.21, marking a 12.31% gain in the last 24 hours. Over the past 30 days, it has recorded positive movement on 15 occasions, showing steady performance. Its high liquidity compared to its market value reflects active trading and significant interest from investors.
A notable development is the introduction of the Ginger upgrade on Celestia’s Mainnet Beta. This update aims to improve the blockchain’s performance and prepare it for future scalability. By enhancing efficiency, the upgrade aligns with Celestia’s broader goal of supporting decentralized applications and expanding access to data on the blockchain.
From BTC 🌽 to RWAs
building on four new @Arbitrum Orbit chains
with Celestia underneath 🦣 https://t.co/H2f73qOKU0
— Celestia 🦣 (@celestia) December 23, 2024
The Ginger upgrade focuses on meeting the needs of applications that require handling large amounts of data, such as rollups. Rollups are a method of processing transactions outside the main blockchain while maintaining its security, helping reduce costs and congestion. This upgrade reflects the project’s commitment to decentralization and aims to create a robust blockchain ecosystem that can adapt to increasing demands.
Celestia’s advancements highlight its efforts to improve blockchain infrastructure, enabling more developers and users to engage with decentralized technology. The updates aim to balance efficiency, scalability, and accessibility, making the platform suitable for various uses. These developments suggest ongoing progress in building a system to support emerging blockchain applications.
3. Wall Street Pepe (WEPE)
Wall Street Pepe (WEPE) has gained significant attention in the cryptocurrency market, surpassing $37 million during its presale phase. The tokens are currently available at $0.0003658, but the price will soon increase as the presale moves to its next stage.
One factor driving interest is WEPE’s staking rewards program, which offers up to 39% annual percentage yield (APY). This program allows participants to earn returns on their holdings, making it appealing to retail
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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