VeChain

Toncoin

Goldfinch

April

Ethena

Choosing the <a href="https://insidebitcoins.com/news/best-crypto-to-buy-now-april-12-chainlink-tezos-helium" rel="noopener noreferrer nofollow">best cryptocurrency</a> to invest in is an ongoing task, with new tokens launching daily on centralized and decentralized exchanges.
The upcoming Bitcoin halving is a highly anticipated event in the <a href="https://finance.yahoo.com/news/bitcoin-halving-ahead-3-cryptocurrencies-221700478.html" rel="noopener noreferrer nofollow">crypto market</a>. Historical halving cycles have resulted in remarkable gains for Bitcoin, often leading to new record highs. Yet, it’s worth noting that top altcoins like Solana, Chainlink, and SingularityNET also tend to experience substantial market cap surges. Surprisingly, certain altcoins surpassed Bitcoin’s performance following a halving event.
<h2 id="b-top-crypto-to-invest-in-right-now-b">Top Crypto to Invest in Right Now</h2>
New tokens flood the market daily across various exchange platforms in the cryptocurrency market. As investors seek to identify the most promising opportunities, staying up-to-date is essential. This article highlights notable cryptocurrencies worthy of consideration for investment, offering a closer look at the reasons behind their potential rise.
<h3 id="b-1-ethena-ena-b">1. Ethena (ENA)</h3>
Ethena is a novel synthetic dollar protocol running on the Ethereum blockchain. It offers a stablecoin alternative named USDe. Unlike traditional stablecoins, USDe doesn’t rely on fiat currencies but is backed by cryptocurrencies.&nbsp;
In the recent week, ENA has seen substantial growth, with its price climbing from $0.62 to $1.50, accompanied by an increase in market cap from $854 million to $1.8 billion. This marks a notable 105% surge within just one week—a remarkable performance.
<img decoding="async" class="aligncenter size-full wp-image-505941" src="https://insidebitcoins.com/wp-content/uploads/2024/04/ENA-Price-Chart-1-1.png" alt="ENA Price Chart " width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/ENA-Price-Chart-1-1.png 1200w, https://insidebitcoins.com/wp-content/uploads/2024/04/ENA-Price-Chart-1-1-300x200.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/ENA-Price-Chart-1-1-1024x683.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/04/ENA-Price-Chart-1-1-768x512.png 768w" sizes="(max-width: 1200px) 100vw, 1200px">
The current trend for ENA is strongly bullish, with the token consistently reaching higher highs and lows. Technical analysis indicates a promising outlook for Ethena, with all four technical indicators signaling positive momentum for ENA. Market analysts foresee the Ethena price reaching $1.73 by the end of Q2 2024.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 We are excited to announce our integration with exchange wallets
 The integrated wallets are:<a href="https://twitter.com/Web3WithBinance?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Web3WithBinance</a><a href="https://twitter.com/Bybit_Official?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Bybit_Official</a><a href="https://twitter.com/okxweb3?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@okxweb3</a><a href="https://twitter.com/BitgetWallet?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@BitgetWallet</a>
 Users locking USDe for at least 7 days through exchange Web3 wallets are eligible for a 20% reward boost starting today <a href="https://t.co/kUJOLiKeKM" rel="noopener noreferrer nofollow">pic.twitter.com/kUJOLiKeKM</a>
 — Ethena Labs (@ethena_labs) <a href="https://twitter.com/ethena_labs/status/1778043979873018150?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 10, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
The token’s Relative Strength Index (RSI) remains bullish, indicating further room for growth, especially considering the liquidity available on various platforms. Additionally, increased whale activity and staking rewards further support potential price surges soon.
<h3 id="b-2-bitcoin-minetrix-btcmtx-b">2. Bitcoin Minetrix (BTCMTX)</h3>
<a href="https://insidebitcoins.com/visit/bitcoinminetrix" rel="noopener noreferrer nofollow">Bitcoin Minetrix</a> has gathered substantial attention, raising over $13 million in its Initial Coin Offering (ICO) phase and gearing up for imminent exchange listings. This presale success highlights a growing appetite for decentralized avenues to engage with Bitcoin.&nbsp;
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Just 48 hours remaining until the conclusion of <a href="https://twitter.com/hashtag/BitcoinMinetrix?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BitcoinMinetrix</a> Stage 37! ⏳
 How do you think the adoption of <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> as a reserve asset by companies will impact mining? <a href="https://t.co/bLaKl4vtVQ" rel="noopener noreferrer nofollow">pic.twitter.com/bLaKl4vtVQ</a>
 — Bitcoinminetrix (@bitcoinminetrix) <a href="https://twitter.com/bitcoinminetrix/status/1779102292735652299?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 13, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Furthermore, the project plans to disrupt the Bitcoin mining landscape through its Stake-to-Mine mechanism. This system enables users to stake the native BTCMTX token in return for mining credits. Moreover, these credits can be utilized for either Bitcoin mining time or a portion of mining yields.&nbsp;
<iframe title="Bitcoin Minetrix ICO Hits $10M - Next 10X Potential Crypto?!" width="640" height="360" src="https://www.youtube.com/embed/Q3LtZHfZN_w?start=4&amp;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
By swapping these credits for mining time on the decentralized Bitcoin Minetrix service, holders can potentially double their earnings by merging staking rewards with Bitcoin mining profits. Currently trading at $0.0146 per token, <a href="https://insidebitcoins.com/visit/bitcoinminetrix" rel="noopener noreferrer nofollow">BTCMTX</a> offers investors one day before the next price adjustment.
<a href="https://insidebitcoins.com/visit/bitcoinminetrix" rel="noopener noreferrer nofollow">Visit Bitcoin Minetrix Presale</a>
<h3 id="b-3-toncoin-ton-b">3. Toncoin (TON)</h3>
TON Foundation recently announced a collaboration with HashKey Globals, sparking interest in the cryptocurrency community, particularly within the Asia-Pacific region. The partnership aims to provide users with a seamless experience of exchanging Toncoin for cash.
This initiative marks the beginning of a concerted effort to establish a foothold in Hong Kong initially, with plans for expansion into other APAC markets contingent upon the success of the initial phase. Moreover, the partnership extends beyond mere transactional facilitation. It encompasses joint exploration of new ecosystem projects, mentorship opportunities, networking, and other incubation activities.
<img decoding="async" class="aligncenter size-full wp-image-505943" src="https://insidebitcoins.com/wp-content/uploads/2024/04/TON-Price-Chart-1-1.png" alt="TON Price Chart " width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/TON-Price-Chart-1-1.png 1200w, https://insidebitcoins.com/wp-content/uploads/2024/04/TON-Price-Chart-1-1-300x200.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/TON-Price-Chart-1-1-1024x683.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/04/TON-Price-Chart-1-1-768x512.png 768w" sizes="(max-width: 1200px) 100vw, 1200px">
The collaboration announcement coincided with a notable fluctuation in Toncoin’s value. Following the news, the cryptocurrency experienced a modest increase of approximately 1.7%, only to decline by nearly 4% within 24 hours. Before the announcement, Toncoin had surged to a new ATH, reaching $7.65 per token.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 💸 $2.19M airdrop for memecoin traders!
 TON Foundation just airdropped 300K <a href="https://twitter.com/search?q=%24TON&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$TON</a> to the most active memecoin traders on <a href="https://twitter.com/dedust_io?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@dedust_io</a> and <a href="https://twitter.com/ston_fi?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@ston_fi</a>. If you’ve been swapping whitelisted tokens between March 4th and April 10th, congrats! You’ve earned it. 🥳
 Details 🧵⬇️ <a href="https://t.co/VSRImzRoIh" rel="noopener noreferrer nofollow">pic.twitter.com/VSRImzRoIh</a>
 — TON 💎 (@ton_blockchain) <a href="https://twitter.com/ton_blockchain/status/1778456390069096626?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 11, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Also, to incentivize engagement within the ecosystem, the TON Foundation recently distributed 300,000 Toncoin to active meme coin traders on select platforms. This airdrop, valued at approximately $2.19 million, targeted traders who conducted transactions between specific dates, rewarding them with 90 free tokens per eligible wallet.
<h3 id="b-4-goldfinch-gfi-b">4. Goldfinch (GFI)</h3>
Goldfinch operates within the global credit space, functioning as a protocol to provide stablecoin yields derived from sustainable real-world economic activities. The platform’s main objective is to improve accessibility in DeFi lending by facilitating loans that accept collateral on and off the blockchain. Over the past 24 hours, the GFI token has grown significantly, currently trading at $4.02 following a 2.01% increase.
Furthermore, the price of GFI has surged by 501% in a year, surpassing 91% of the top 100 crypto assets in terms of performance during the same period. The sentiment surrounding the token’s price prediction is currently bullish, while the Fear &amp; Greed Index sits at 72, indicating a level of greed among investors.
<img decoding="async" class="aligncenter size-full wp-image-505944" src="https://insidebitcoins.com/wp-content/uploads/2024/04/GFI-Price-Chart.png" alt="GFI Price Chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/GFI-Price-Chart.png 1200w, https://insidebitcoins.com/wp-content/uploads/2024/04/GFI-Price-Chart-300x200.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/GFI-Price-Chart-1024x683.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/04/GFI-Price-Chart-768x512.png 768w" sizes="(max-width: 1200px) 100vw, 1200px">
Technically, GFI is trading above its 200-day simple moving average, suggesting positive momentum. Additionally, it has experienced 15 green days in the last 30 days. Moreover, GFI boasts high liquidity based on its market capitalization.
In summary, Goldfinch is a promising player in the DeFi space, offering a unique approach to lending and stablecoin yields. However, investors should conduct thorough research and consider the risks of investing in cryptocurrencies before making any decisions.
<h3 id="b-5-vechain-vet-b">5. VeChain (VET)</h3>
VeChain has recently struck a $100 million deal with the Ultimate Fighting Championship (UFC). Over the next five years, this partnership aims to broaden UFC’s global reach by utilizing VeChain’s technology to engage with fans worldwide. The move signifies UFC’s entry into the blockchain space, acknowledging the growing impact of cryptocurrencies in sports.
<img decoding="async" class="aligncenter size-full wp-image-505946" src="https://insidebitcoins.com/wp-content/uploads/2024/04/VET-Price-Chart-2.png" alt="VET Price Chart " width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/VET-Price-Chart-2.png 1200w, https://insidebitcoins.com/wp-content/uploads/2024/04/VET-Price-Chart-2-300x200.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/VET-Price-Chart-2-1024x683.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/04/VET-Price-Chart-2-768x512.png 768w" sizes="(max-width: 1200px) 100vw, 1200px">
This collaboration signifies UFC’s entrance into the crypto market and highlights the growing acceptance of blockchain technology. The partnership also means VeChain gets access to UFC’s fanbase, which is ideal for their growth. The impact of this alliance on VET’s market value is already evident.&nbsp;
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Today marks a great step forward in our relationship with the <a href="https://twitter.com/ufc?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@UFC</a>!<a href="https://twitter.com/hashtag/VeChain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#VeChain</a> powered NFC and blockchain technology will be integrated into fighter gloves, providing an immutable record usage, and ensures fans receive genuine products, authenticated by blockchain. <a href="https://t.co/XFqdlmWqTU" rel="noopener noreferrer nofollow">pic.twitter.com/XFqdlmWqTU</a>
 — vechain (@vechainofficial) <a href="https://twitter.com/vechainofficial/status/1778875642890604803?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 12, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Despite recent market fluctuations, the token has shown signs of recovery, trading above its 200-day simple moving average. Additionally, VET has experienced a positive trend in trading activity, with gains in 16 out of the last 30 days, indicating increased investor interest.
Investors are optimistic about VET’s value, predicting its price will rise. Moreover, the Fear &amp; Greed Index shows investors leaning towards greed, with readings of 72 (Greed). In the coming days, the effects of this partnership on UFC’s global expansion and VeChain’s market presence will become more apparent.
<h3 id="b-read-more-b">Read More</h3>
<ul>
 <li style="font-weight: 400"><a href="https://insidebitcoins.com/buy-cryptocurrency/best-cryptocurrency-to-buy" rel="noopener noreferrer nofollow">Best Crypto to Buy Now</a></li>
</ul>

Top Crypto to Invest in Right Now April 13 – Ethena, Goldfinch, VeChain

Table of Contents

Inside Bitcoins

Other articles published on Apr 13, 2024

Kitty Queen Coin Burns 40% of Supply As It Seeks to Challenge SHIB and DOGE

14.8 Trillion Shiba Inu (SHIB) Liquidated in 24 Hours, These Metrics Remain Green

Nearly billion dollars wiped out in Crypto liquidation, Here’s how

10x Predictions for $MEDA as WIF and BONK Holders Start to Get the Hang of the Presale Opportunity

FTX Liquidators Deposit 2,500 ETH on Coinbase Ahead of Recent ETH Crash

OKX Wallet Integrates Eesee for Cutting-Edge NFT Experiences

Join our free newsletter for daily crypto updates!