It is the middle of the month with a slightly boring crypto market. Nevertheless, there are some tokens that you should keep your eyes on. Identifying these promising tokens can be crucial for maximizing returns amid this dull market. Therefore, let us explore a few tokens that are gaining a lot of attention in July.
1. Stake Vault Network (SVN)
Stake Vault Network is transforming the staking arena with its robust, scalable, and secure platform, effectively addressing current staking challenges. Leveraging advanced cryptographic algorithms, a user-friendly interface, and a transparent economic model, it stands out on the market.
Unique Staking Model From SVN
Stake Vault Network introduces a distinctive staking model designed to optimize reward distribution and enhance network security. This model features time-weighted staking, where the duration of token staking influences reward calculations, promoting long-term network support and stability. By aligning rewards with sustained participation, Stake Vault Network fosters a robust and resilient ecosystem.
For starters, the chart indicates a history of price stability with periods of upward movement, suggesting that the token might be in a consolidation phase with a potential for future growth. The current price of SVN is 0.362999 USDT, showing a slight increase of 0.55%. Meanwhile, the 24-hour range shows a high of 0.371386 USDT and a low of 0.360000 USDT, indicating moderate volatility. In terms of moving averages, they are respectively:
MA5: 0.364842
MA10: 0.364444
MA200: 0.364829
The proximity of the moving averages suggests the potential for a trend reversal or continuation. If the price moves above these averages, it could indicate a bullish trend. Furthermore, the slight increase in price and stable trading volume suggests positive market sentiment, making it a potentially good investment opportunity.
2. MX Token (MX)
MX Token, the native currency of MEXC Exchange, stands as a pivotal asset on this premier trading platform. Built on the Ethereum blockchain, it adheres to the ERC-20 standard, guaranteeing seamless compatibility with numerous wallets and exchanges that accommodate Ethereum-based tokens. This versatility empowers users to join events and claim free airdrops.
Awesome Benefits While Holding MX Token at MEXC
One of the most significant advantages of holding MX tokens is access to free airdrops. By holding MX tokens, you can participate in the highly popular Launchpool and Kickstarter events. It offers over 200 free airdrops with a prize pool of +10 million every month! With just 1,000 MX tokens, you can earn more than $200 USDT monthly!
Additionally, MX token holders enjoy numerous other benefits. These include earning referral fees, receiving discounts, and experiencing impressive growth rates for the token itself.
According to the chart, MX demonstrates significant potential for future growth. As of July 14, 2024, the token is priced at $3.8231, reflecting a 1.36% increase within 24 hours. The 24-hour high and low stand at $3.8304 and $3.7582, respectively, with a trading volume of 3.95 million MX tokens. This amounts to a value of $14.98 million USDT.
Furthermore, examining the moving averages (MA), the MA5 is at $3.8085, MA10 at $3.8002, and MA20 at $3.7811. These averages suggest a short-term bullish trend, as the current price remains above these key moving averages. Additionally, the trading volume trends indicate significant activity, with the highest volume spike reaching over 1.437 million tokens in the past few months, suggesting sustained investor interest.
3. InQubeta (QUBE)
InQubeta is introducing the world’s pioneering AI crypto crowdfunding platform. It enables secure and straightforward investment in AI start-ups to influence the next wave of technological innovation. Utilizing an innovative fractional investment model, investors can participate in high-potential AI ventures globally. Each investment opportunity is transformed into an NFT and fractionally structured, allowing flexibility to invest according to individual budgets and enjoy early-stage backer advantages.
The Beauty of InQubeta’s Startup Investment
InQubeta is dedicated to transforming AI startup fundraising and community engagement. They focus on the integration of fractionalization, which converts each investment opportunity into a distinctive non-fungible token (NFT). This pioneering method enables investors of all financial capacities to participate, democratizing access to AI investments. Early backers not only support cutting-edge AI projects but also gain exclusive benefits.
Furthermore, InQubeta’s NFT marketplace facilitates AI startups in raising funds through reward and equity-based NFTs. This symbiotic relationship empowers holders of QUBE tokens to invest seamlessly in projects that align with their values.
The trading data indicates that QUBE has experienced substantial growth over a relatively short period. The price has escalated from a low of $0.001501 in late June to a recent high of $0.004367. This upward trajectory is accompanied by significant trading volumes, peaking at 863.51K QUBE within 24 hours. Such volume suggests strong market interest and active participation from traders, signaling confidence in the token’s value and potential.
Technical indicators also paint a positive picture. The Moving Average (MA) lines, including MA5, MA10, and MA20, all show upward trends, reinforcing the bullish sentiment. The MA5 at $0.003564, MA10 at $0.003385, and MA20 at $0.002989 indicate that the token has consistently stayed above these averages, a typical sign of a strong uptrend. This performance suggests that QUBE has not only captured the interest of speculators but might also be appealing to long-term investors.
Buy Altcoins With The Lowest Fee In the Market
MEXC is your premier CEX to buy and hold with the lowest fees. You can enjoy a spot trading fee of 0.00% for both taker and maker. Furthermore, futures trading fees are equally low at 0.0% maker and 0.01% taker. Holding MX tokens also provides discounts on trading fees! Simply activate the MX deduction to enjoy another 10% off on futures trading fees!
When looking to invest in altcoins, minimizing transaction costs can significantly enhance your profitability. At MEXC, our commitment to competitive fee structures ensures that you retain more of your investment, allowing you to capitalize on market opportunities with confidence. Learn about MEXC’s amazing fee structure now!
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