Top Crypto to Invest in Right Now

At InsideBitcoins, we analyze the top cryptocurrencies to invest in. By assessing current performance, growth potential, and industry trends, we provide insights to help you make informed investment decisions.

As the crypto market experiences a boost, we analyze the top cryptocurrencies to invest in, assessing current performance, growth potential, and industry trends to help you make informed investment decisions.

With former U.S. President Donald Trump set to speak at the Bitcoin 2024 conference in Nashville, Tennessee, the crypto market has experienced a significant boost. Bitcoin surged past $68,000, while other major cryptocurrencies also saw gains.

Also, several altcoins have experienced an uptrend following this development, with Cardano, Cosmos, and Theta Network printing significant gains in the market. These tokens are among the top crypto to invest in right now.

Top Crypto to Invest in Right Now

The Cardano network is set to undergo a significant update known as the Chang hard fork, signaling the start of the Voltaire era. This upgrade is crucial as it introduces the mandatory Conway genesis file necessary for the hard fork.

Meanwhile, Core Foundation recently launched its Dual Staking model to enhance Bitcoin yields and set a new market standard. Additionally, Theta Network, in collaboration with Meta AI, introduced Llama 3.1 405B, the most powerful large language model to date.

1. Cardano (ADA)

Cardano uses proof-of-stake technology and aims to empower individuals and foster positive global change by promoting security, transparency, and fairness. The open-source project strives to shift power from centralized structures to individuals at the margins of society.

Moreover, Cardano’s token trades at $0.418, increasing by 1.37%. The token has experienced 15 positive trading days out of the last 30, representing 50% of the time. The 14-day Relative Strength Index is 48.62, suggesting the token is neutral and may continue to trade sideways.

In recent developments, the Cardano network is about to undergo a significant update known as the Chang hard fork, marking the beginning of the Voltaire era. The latest version of the node validator software, version 9.1.0, facilitates this change. This upgrade is essential as it introduces the mandatory Conway genesis file for the hard fork.

The transition from node version 9.0.0 to 9.1.0 is important. It will enhance Cardano’s capabilities by moving from the Vasil upgrade to a more decentralized decision-making process by implementing CIP-1694 on-chain governance mechanisms. This development aims to solidify Cardano’s foundation for future advancements.

2. Theta Network (THETA)

Theta Network aims to reduce content delivery costs, offering a cost-effective solution for developers and businesses. The platform runs on a blockchain compatible with Ethereum smart contracts, providing a flexible environment for developers.

Theta Network offers strong Web3 infrastructure solutions, such as the Theta Video API and Theta Web3 Theater. These tools enable developers to significantly cut video transcoding, storage, and delivery costs through patented Digital Rights Management technology.

Recently, Theta Network introduced Llama 3.1 405B in collaboration with Meta AI, the most powerful large language model. This model is currently available on EdgeCloud. It enables new application and modeling paradigms, including synthetic data generation, which improves the training of smaller models and model distillation—a capability unprecedented at this scale in open source.

Introducing Llama 3.1 405B alongside @AIatMeta, the most powerful LLM to-date. Launching on #EdgeCloud today.

Watch out @OpenAI we're coming for you. https://t.co/tPnzGBID4n pic.twitter.com/PsSE40vIlZ

— Theta Network (@Theta_Network) July 23, 2024

The THETA token saw a 3.04% increase, trading at $1.52, according to CoinMarketCap. This positive performance, relative to its token sale price, indicates its growth potential. Over the past month, the token had 16 green days.

Currently, THETA is trading 15.55% above the 200-day Simple Moving Average (SMA) of $1.32924. Moreover, the 14-day Relative Strength Index (RSI) is at 58.16, suggesting that the token is neutral and may trade sideways. According to Coincodex, the price of Theta Token is predicted to rise by 7.22%, reaching $1.622915 by August.

3. Cosmos (ATOM)

The cryptocurrency market is showing optimism with BTC’s recent rise and the launch of Ethereum ETFs, which is expected to have a positive impact. Due to these improvements, Cosmos (ATOM) stands out as an altcoin with significant potential.

Currently, ATOM is valued at $6.33, with a 24-hour trading volume of $

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