Best cryptocurrency to buy now on April 3: Render, Bitcoin Cash, Flare

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InsideBitcoins periodically provides a summary of best cryptocurrencies to buy nowtaking into account the recent evolution of their prices.

With the current crypto market activity, investors are looking for coins with the potential to generate substantial profits. The multitude of options complicates informed investment decisions. However, this article examines several tokens poised for significant future growth.

The best cryptocurrency to buy now

The render rose 45% last month, going from $7.33 to $11.36. Furthermore, NEAR saw a 7.44% increase in its intraday trading price, with overall bullish sentiment. Dogecoin20 successfully completed its Initial Coin Offering (ICO), amassing over $10 million. Meanwhile, the recently launched CHUCK meme coin, built on ethereum ethereum-101447879.html”>block chainsaw a notable increase in its value, skyrocketing by a staggering 25,800%.

1. Represent (RNDR)

Rendering has recently attracted attention as the ai market continues to expand. Over the last month, its price has increased by an impressive 45%, going from $7.33 to $11.36. This increase has boosted Render's market capitalization from $2.72 billion to $3.74 billion.

Render's technical analysis is leaning towards bullish sentiment. The cryptocurrency is currently trading above its 50-day and 100-day exponential moving averages (EMA). Furthermore, more than 26 RNDR technical indicators indicate positive momentum. Furthermore, market experts have made optimistic predictions about the price of Render. They expect it to reach $14.99 in the second quarter of 2024.

30M twitter.com/search?q=%24RNDR&src=ctag&ref_src=twsrc%5Etfw”>$RNDR have been updated to twitter.com/search?q=%24RENDER&src=ctag&ref_src=twsrc%5Etfw”>$RENDER! https://t.co/7TtzBvac8Y

– The rendering network (@rendernetwork) twitter.com/rendernetwork/status/1773408842308841722?ref_src=twsrc%5Etfw”>March 28, 2024

Render has shown remarkable performance over the past year, with its price skyrocketing 652%. This growth exceeded 89% of the top 100 crypto assets, including bitcoin and ethereum. Furthermore, Render is trading above its 200-day SMA and near its cycle high.

This indicates strong market sentiment and suggests a possible further rise. Furthermore, Render has high liquidity based on its significant market capitalization, which increases its attractiveness to investors.

2. NEAR Protocol (NEAR)

NEAR Protocol has recently attracted the attention of investors due to its scalable and easy-to-use blockchain technology. Positioned as a layer 1 blockchain, the token distinguishes itself by conducting its operations in an environmentally friendly manner, striving to achieve CO2 neutrality.

Furthermore, NEAR saw a 7.44% increase in its intraday trading price and its overall sentiment remains bullish. In the last seven days, it has seen a drop of 8.17%. However, this setback has not deterred optimism.

This is reflected in the Fear & Greed index, which is currently 71, indicating a state of greed among investors. At the time of writing, the token is trading at $6.23, demonstrating stability by maintaining a position above the 200-day simple moving average. This indicates a potentially positive trend.

Welcome to the NEAR ecosystem, twitter.com/edgevideoai?ref_src=twsrc%5Etfw”>@edgevideoai

From ai-powered interactive streaming with Edge to full user-owned ai, everyone will call NEAR home. https://t.co/68tCQ32y8U

– NEAR Protocol (@NEARProtocol) twitter.com/NEARProtocol/status/1773895721873277362?ref_src=twsrc%5Etfw”>March 30, 2024

Furthermore, its high liquidity, driven by a significant market capitalization, also suggests a solid trading environment. NEAR Protocol has grown substantially, with its price rising 254% over the past year, putting it ahead of 71% of the top 100 crypto assets.

3. Dogecoin20 (DOGE20)

Dogecoin20 has completed its Initial Coin Offering (ICO), raising more than $10 million. This achievement comes amid the continued popularity of meme coins in the first quarter of 2024. The project has set April 20, 2024 as the date for the distribution of its tokens.

This date, called “DOGE Day,” is a nod to the fun origins of Dogecoin and the iconic 420 meme. Additionally, DOGE20 is based on the ethereum blockchain as an ERC-20 token and is intended to be an improved version of Dogecoin. It promises improved features and new staking infrastructure for passive income.

Preparing for the last twitter.com/hashtag/DOGE?src=hash&ref_src=twsrc%5Etfw”>#DOGE improvement!

we are promoting twitter.com/elonmusk?ref_src=twsrc%5Etfw”>@Elon Muskis loved twitter.com/hashtag/Memecoin?src=hash&ref_src=twsrc%5Etfw”>#Memecoin towards a greener horizon.

Immerse yourself in the possibility of betting twitter.com/hashtag/DOGE20?src=hash&ref_src=twsrc%5Etfw”>#DOGE20 and reap environmentally friendly rewards. pic.twitter.com/zMino37jCV

—Dogecoin20 (@DOGE_COIN20) twitter.com/DOGE_COIN20/status/1771220402691350540?ref_src=twsrc%5Etfw”>March 22, 2024

With a maximum circulating supply of 140 billion tokens, DOGE20 aims to address the issue of infinite inflation dynamics present in Dogecoin. The project's tokenomics structure allocates 25% to pre-sale, 25% to marketing, 25% to treasury, 15% to staking rewards, and 10% to liquidity on decentralized exchanges.

Additionally, investors can purchase DOGE20 tokens at $0.00022 ahead of the planned launch on Uniswap, a decentralized exchange platform. The success of DOGE20 The pre-sale and its commitment to the meme coin and Dogecoin communities are promising. However, the team's ability to deliver on its promises, maintain momentum, and appeal to a broader audience will determine its long-term success.

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4. Flare (FLR)

Flare price increased by more than 20% in the last day, followed by a 270% increase in trading volume. Spot and futures traders have contributed to this rally, which coincides with the launch of Flare Network's updated protocol, FTSOv2.

Furthermore, FLR's price surge dates back to mid-February, when Flare Network co-founder Hugo Philion announced Flare's possible integration with XRP's FXRP asset. This announcement initially drove up the price of FLR by over 75% in the following days. The updated oracle in the FTSOv2 update allows decentralized application (dApp) developers to access a wider range of data sources.

Additionally, up to a thousand feeds are available in each block within 1 to 2 seconds, laying the foundation for Flare's vision of incorporating data into the Blockchain. Key improvements in the FTSOv2 update include increased data streams, improved update frequency and expanded data functions, including assets such as stocks and commodities.

New mission unlocked

Flare Time Series Oracle Update (FTSOv2) Will Mark a Key Milestone for twitter.com/FlareNetworks?ref_src=twsrc%5Etfw”>@FlareNetworks becoming the Data Blockchain.

Join our latest mission powered by twitter.com/Galxe?ref_src=twsrc%5Etfw”>@Galxe to celebrate another big step forward twitter.com/hashtag/ShipEverything2024?src=hash&ref_src=twsrc%5Etfw”>#SendAll2024 https://t.co/jcrdqSOGoR https://t.co/n9UduWz2rd

– Flare (@FlareNetworks) twitter.com/FlareNetworks/status/1775229934689996879?ref_src=twsrc%5Etfw”>April 2, 2024

The current upward trend in FLR price reflects the positive market response to the developments in Flare Network. Currently, FLR is trading at $0.045, which is a substantial increase of 30.61% in 24 hours. The increased trading volume and increase in open interest in FLR futures highlights the growing interest and activity around FLR.

FLR is currently trading above the 200-day simple moving average, indicating bullish sentiment in the market. It also has high liquidity based on its market capitalization. Furthermore, Flare's price prediction sentiment is bullish, while the Fear & Greed index shows a value of 71, indicating greed among investors.

5. bitcoin Cash (BCH)

bitcoin Cash (BCH) has shown resilience and growth amid market fluctuations, sparking discussions about its potential rise beyond $600 this quarter. Anticipation surrounding the imminent bitcoin Cash network upgrade has fueled a significant price rally.

However, it recovered an impressive 58.4%, reaching $569.16 at the end of March. Currently trading at $605.40, up 1.87% intraday, BCH is trading above the 200-day simple moving average. In the last 30 days it has had 18 green days, indicating a positive trend of 60%.

Additionally, the investment community has shown interest in bitcoin Cash, with open interest exceeding $700 million, the highest level in three years. Analysts are optimistic about BCH's growth prospects following the network's hard fork, forecasting a potential 13.3% rise in its value to $644.87.

Since hitting a low of $90 in June 2023, BCH has seen a consistent uptrend. It has broken through critical resistance levels to reach its current position. This upward movement is supported by bullish indicators, suggesting that the bitcoin Cash rally could extend beyond the expected milestones.

Smog (SMOG) – Meme Coin with Rewards