Cryptocurrency adoption is increasing, with Ethereum aiming to update its crypto wallet usage and Bitcoin ETFs recording another day of inflows. While the overall crypto market cap fell slightly intraday, trading volumes rose, boosting investor confidence. Other market participants are also riding the momentum, and in this article, we highlight several cryptocurrencies with high buyer potential.
Render has seen significant growth over the past six months, with its price surging 345%. Recently, Jupiter launched an integration with Clone, allowing users to trade non-native assets on the Solana blockchain. The latest data shows that TRB has surged more than 22% in the past 24 hours to around $110.79.
4 cryptocurrencies with the potential to surge in the near future
RNDR
Render has experienced significant growth, with its price surging 345% in the past six months. The coin is up 31.68% in the past week, showing a strong uptrend. Currently, it is trading between $7.84 and $10.96, with key resistance expected at $12.04 and support at $5.80.
The relative strength index (RSI) is 61.34, highlighting strong buying momentum. If this trend continues, RNDR may try to break through the resistance and continue to rise. As of today, Render is priced at $1,059, with an intraday increase of 5.81%.
Market sentiment for Render Token remains bullish, as evidenced by a Fear & Greed Index reading of 68 (Greed). RNDR ranks#9among Ethereum (ERC20) tokens and#1among AI cryptos. Over the past year, Render Token’s price has surged 455%, outperforming 88% of the top 100 crypto assets, including Bitcoin and Ethereum.
The token is trading above its 200-day simple moving average and has shown positive performance in 15 of the past 30 trading days, reflecting 50% of green trading days. Moreover, it is trading close to cycle highs and is considered highly liquid based on its market cap.
Render is expected to maintain its momentum and potentially reach new all-time highs due to strategic expansion and consolidation. The forecast is optimistic, and it is expected that smart market strategies, expanding ecosystem utilities, and investor interest in Render's innovative projects will drive continued growth.
Jupp
Jupiter recently announced an integration with Clone, enabling users to trade non-native assets on the Solana blockchain. Tokens such as DOGE, ARB, and OP can be easily traded with minimal fees without the need to bridge these assets.
With Jupiter, users can seamlessly swap between any token and clAsset, enhancing flexibility and accessibility within the platform. This integration simplifies the exchange of various assets, making it more convenient and cost-effective for Jupiter users.
JUP has gained 22.45% over the past week, bringing its market cap to $1.53 billion. The surge in value has brought JUP’s price to $1.139551, with a trading volume of $272.67 million over the past 24 hours.
This sentiment is in line with Jupiter’s bullish price prediction, which expects the coin to reach a value of $1.80 or even $2 if the current uptrend continues. The main challenge facing JUP lies in surpassing a critical resistance level. If the ongoing uptrend is able to break through this resistance level, it could pave the way for further price appreciation.
TRB
Tellor is a decentralized oracle protocol that powers blockchain infrastructure, providing critical off-chain data to on-chain smart contracts. It aims to shape decentralized finance and enable seamless integration of real-world data into blockchain applications. Its security depends on its governance contract, which uses a simple dispute mechanism to ensure community consensus on reported data.
Tellor’s oracles incentivize data reporters, ensuring on-chain data is valid while disincentivizing inaccuracies through disputes and slashing. This permissionless model enhances flexibility and robustness, and is suitable for a wide range of blockchain applications. Journalists compete for TRB incentives to provide data, ensuring permissionless access for DeFi applications. Tellor is unique in that there is no verification required to be a journalist, allowing global participation through open source software.
Recently, Tellor has seen significant growth potential due to its unique technology and increasing adoption among DeFi projects. Investors consider TRB to be an attractive investment opportunity.
TRB has been on a tear, surging 9.89% in the past 24 hours and an astounding 732% in the past year. It is trading 86.70% above its 200-day moving average of $53.52; there is no doubt that this coin is heading higher. However, caution is warranted as its 14-day RSI is 72.72, indicating overbought conditions. Nonetheless, with 57% of positive trading days in the past 30 days and a mild 30-day volatility of 22%, Tellor shows potential. Furthermore, its volume-to-market cap ratio of 7.4112 highlights its impressive liquidity, reflecting investor confidence and strong market activity.
Market behavior indicates strong investor interest in TRB, likely driven by its profitability and solid market dynamics. This trend reflects the increasing importance of decentralized oracle networks like Tellor in supporting the expanding DeFi ecosystem.
INJ
Injective is a blockchain dedicated to finance, serving as an open, interoperable first-layer blockchain for the next generation of DeFi applications. Its features include decentralized spot and derivatives exchanges, prediction markets, and lending protocols. INJ stands out for its fully decentralized, MEV-resistant on-chain order book. It supports a variety of financial markets such as spot, perpetual, futures, and options. In addition, it provides advanced inter-chain capabilities and is compatible with Ethereum, IBC-enabled blockchains, and non-EVM chains such as Solana.
Injective recently made headlines by announcing a groundbreaking partnership with AltLayer. Together, they launched a cutting-edge re-collateralization security framework tailored for on-chain inEVM applications. This collaboration enhances the finality of rollups, providing advantages to applications running through the inEVM.
AltLayer’s MACH solution implements re-collateralization-based security measures. It not only protects users from malicious activities but also facilitates transaction recalls.
INJ’s performance indicators show a positive trajectory considering recent developments. Currently selling for $24.86, INJ has gained 0.80% in the past 24 hours and is up a massive 251% over the past year. INJ is trading 125.78% above its 200-day moving average, showing signs of strength, although its 14-day RSI suggests it may be overbought. Nonetheless, INJ has been positive 47% of the past 30 days and has a 30-day volatility of 13%, showing resilience and stability.
