Best Cryptocurrencies to Invest in Right Now July 14 – Cronos, Sei, Jupiter
Explore our expert analysis to discover the best cryptocurrencies to invest in . Learn about top picks driven by market trends, growth potential, and future outlook.
With the increased relevance of blockchain and currencies, many governments increasingly favor its adoption. El Salvador, for instance, has adopted Bitcoin as its legal tender. However, the crypto market is in a lull, influenced by several events, including the continued Bitcoin liquidation by the German government and Mt. Gox. Moreover, the recent attack on former US president Donald Trump, a vocal crypto proponent, has sparked caution within the market.
However, shrewd market investors capitalize on accumulating cryptocurrencies, particularly altcoins, during sustained periods of selling pressure. This article lists the best cryptocurrencies to invest in right now to capitalize on a potential market rebound.
Best Cryptocurrencies to Invest in Right Now
Pepe Unchained has recently garnered significant attention by securing $3.5 million in presale funding, which indicates strong investor interest. Meanwhile, the HBAR Foundation has announced a pilot Request for Proposal (RFP) to add transparency and community support to its grant-giving process. Additionally, the upcoming Jupuary relaunch coincides with the increased attention the JUP token has received in the market.
1. Cronos (CRO)
Cronos is an open-source, energy-efficient public blockchain known for its fast transactions and minimal fees. It supports the growing creator economy by offering robust Web3 decentralized finance (DeFi) applications. The platform leverages the Ethereum Virtual Machine, allowing it to interact seamlessly with other ecosystems, including Cosmos.
This interoperability means assets on Cronos can move across a broad Web3 landscape. The ecosystem has recently introduced major updates to enhance user engagement, including new testnet features and community-focused initiatives.
One significant advancement is the Tethys testnet, which incorporates zkSync technology. This technology enables secure and efficient cross-chain interactions with the Ethereum Mainnet. Users can participate in various activities on the testnet, such as quests and loyalty programs, and make pre-mainnet deposits of CRO, thereby enriching the community experience.
Currently, CRO is priced at $0.09316, reflecting a 3.20% intraday gain. Analysts observe that the token shows signs of stabilizing at $0.08, with potential for further growth. The 14-day Relative Strength Index (RSI) is at 48.53, suggesting that the token is in a neutral zone and may continue to trade sideways.
2. Hedera (HBAR)
Hedera recently partnered with Deloitte to enhance the verification of companies’ Environmental, Social, and Governance (ESG) impact and sustainability claims. This collaboration targets combating “greenwashing” and ensuring accurate, tangible impact reporting through a new tool, Environmental & Social Impact (ESI), built on Hedera’s Distributed Ledger Technology (DLT).
Following the launch of a $50 million Sustainability Venture Studio, Hedera supports sustainable projects on its Hedera Guardian platform. This initiative enhances the partnership’s ability to support sustainability claims by creating a trust layer for multi-stakeholder data and integrating digital measurement, reporting, and verification functions.
Furthermore, the ESI platform enables the development of quantifiable and audited evaluations of sustainability impacts. These evaluations can be monetized, traded, and disclosed, offering a transparent method for assessing and reporting sustainability efforts.
In another development, the HBAR Foundation announced a pilot Request for Proposal (RFP) to add transparency and community support to its grant-giving process. The platform is piloting two separate RFPs to build solutions that meet specific ecosystem needs.
This pilot aims to gather insights from the initial RFPs to improve and formalize the foundation’s grant program, ultimately accelerating the growth and development of the Hedera ecosystem. As of the latest update, HBAR is trading at $0.07067, reflecting an intraday increase of 2.98%. Over the past week, the token has surged by 5.79%.
The token further exhibits high liquidity, supported by its market cap. The 14-day RSI is 50.71, indicating that the token is currently neutral and may experience sideways trading. Hedera’s partnership with Deloitte and the launch of the ESI platform represent significant steps towards enhancing the verification and reporting of sustainability claims.
With current positive trading momentum, HBAR is positioned neutrally in the market, suggesting potential stability in the short term. This places Hedera as one of the best cryptocurrencies to invest in right now.
3. Jupiter (JUP)
At press time, Jupiter is priced at $0.7763, marking a significant 13.02% surge in the last 24 hours. The token trades well above its 200-day Simple Moving Average of $ 0.003332., reflecting a remarkable increase of 24,257%.
This token functions as a governance token, enabling community members to participate in decision-making processes on the Jupiter platform. The rising daily trading volume indicates that the project may be regaining momentum.
Furthermore, JUP has experienced 17 green days within the last 30 days. It is trading near its cycle high and boasts high liquidity relative to its market cap.
Moreover, the upcoming Jupuary relaunch coincides with the attention received by the JUP token. The relaunch of Jupuary aims to overhaul the project’s governance structure through a new voting mechanism. This anticipated relaunch has generated positive market sentiment.
The Jupuary relaunch offers both opportunities and challenges. However, if the new voting mechanism is successfully implemented, it could significantly enhance community engagement and project stability, potentially leading to a substantial increase in the token’s value.
4. Pepe Unchained (PEPU)
Pepe Unchained has recently garnered significant attention by securing $3.5 million in presale funding, indicating strong investor interest and confidence. This early achievement points to the potential for substantial returns, making it one of the best cryptocurrencies to invest in right now.
The project aims to innovate within the meme coin market by combining Layer 2 blockchain technology with the popular Pepe meme. This integration enhances the trading experience by reducing transaction costs and delays, which could appeal to meme coin traders.
Built on the Ethereum Network, Pepe Unchained utilizes Layer 2 technology to enable faster and cheaper transactions. This makes it the first Pepe-themed token to operate on the blockchain layer. The project also offers a staking option, allowing early investors to earn an Annual Percentage Yield (APY) of 531%.
Presale investors can start staking their PEPU tokens immediately, potentially maximizing their returns from day one. Currently, PEPU tokens are available for $0.0084261 each.
With 20% of the 8 billion token supply allocated for presale investors, a substantial portion is available for those looking to participate early. Once the presale concludes, the team plans to focus on getting PEPU listed on various exchanges.
Visit Pepe Unchained Presale
5. Sei (SEI)
Sei Network has recently collaborated with Particle Network as co-Testnet partners for their EVM-Cosmos initiative. The platform distinguishes itself as a pioneering parallel EVM platform, blending key features from Solana and Ethereum within its ecosystem.
This partnership aligns with the Chain Abstraction Coalition’s mission to unify diverse blockchain networks, underscoring Sei’s role in advancing next-generation blockchain technology. As of the latest update, SEI token prices have risen by 3.23% in the past 24 hours, reaching $0.322.
The token has seen gains of 18.29% over the past week. Despite recent market downturns, SEI displays resilience, supported by a 14-day Relative Strength Index (RSI) of 48.79, indicating a neutral stance and potential for upward movement.
Previously covered by CNF, Sei V2 expands upon the network’s strengths, catering to a global community of EVM developers. Despite its youth, Sei has demonstrated robust capabilities that have attracted investor interest. Strategic partnerships with major DeFi platforms and blockchain infrastructure providers have bolstered Sei Network’s adoption and interoperability capabilities throughout the year.
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- Best Crypto to Buy Now
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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