Top Cryptocurrencies to Consider Acquiring on July 15 – Mog Coin, Notcoin, VeChain

Bitcoin (BTC) has shown considerable upward momentum lately, emerging from its consolidation triangle and increasing by nearly 8% over the past three days.

The current BTC/USD chart indicates that the price has exceeded $60,000, with Bitcoin trading at $63,108 at the time of this report.

Several positive factors have been recognized for this recent price surge. The declining US Dollar, affected by easing inflation and heightened expectations of a Federal Reserve rate cut potentially occurring as soon as September, has significantly contributed.

Moreover, substantial investments into Bitcoin ETFs, totaling around $300 million last week, continue to bolster the price.

Bitcoin’s price rose following the shooting incident at a Trump rally in Pennsylvania on Saturday. Many analysts suggest that the market may begin to factor in a possible Trump victory in November.

The attempted assassination of Donald Trump occurred roughly 8 hours ago, prompting an immediate response from crypto markets.

BTC rebounded to as high as $60.3K, marking a 10-day peak
TRUMP surged +63% as the news broke

Considering the serious nature of any assassination… pic.twitter.com/hUHKIhF5Zh

— Santiment (@santimentfeed) July 14, 2024

Examining the technical analysis of the BTC/USD chart, the price is currently around $63,000, which may now act as resistance following the bearish breakout in early July. Additional resistance at the $63,600 mark could also challenge bullish sentiment.

BTC is attempting to test the $63,600 level | Source: TradingView

Given these elements, and considering the 8% increase over three days, a correction phase in Bitcoin’s price chart development may be a likely short-term scenario as it approaches these resistance points.

Despite the current trends in the BTC market, we have compiled a list of alternative cryptocurrencies (altcoins) that have shown resilience and price increases over the past 24 hours.

Mog Coin ($MOG)

$MOG is a community-focused meme token on the Ethereum blockchain and is regarded as one of the best cryptocurrencies to buy now. It was initiated by a group of Milady NFT enthusiasts who launched the project through a fair launch on Uniswap.

I’ve been holding $MOG since 4 hours after launch. I’ve tripled my holdings over the past 3 months.

Do you think I’m selling at the peak of this accumulation range?

Do you think the class of 2013-2016 OGs don’t know how to exhaust jeets with patience while they profit off-chain for a bit?

Do you… https://t.co/N1InrILmRX pic.twitter.com/5dzmMn2vo4

— Doc τ 𐤊 ℵ Gemsly (@DrGemsly) December 3, 2023

The community-driven aspect and its connection to the popular Milady NFT ecosystem have been significant factors in $MOG’s value and adoption.

The $MOG token is currently priced at $0.00000205, reflecting a 20.13% rise over the last 24 hours, with a notable trading volume of $49.5 million.

With a market capitalization of $767 million, $MOG shows a robust presence in the market. However, the token remains 3.75% below its all-time high (ATH) of $0.000002202, achieved earlier today.

Given this parabolic price movement, traders may need to wait for a retest before accumulating Mog Coin since it just established a new ATH today.

$MOG’s RSI holding at the 67.38 point /Source: TradingView

Its relative strength index (RSI), currently at 67.38, has increased from its previous level of 56.19, which suggests caution for investors.

Notcoin ($NOT)

The $NOT token is notable among the best cryptocurrencies to buy now due to its recent price performance. As a well-regarded token on the TON blockchain ecosystem, Notcoin capitalizes on the Telegram-based gaming experience that has quickly attracted millions of users globally.

$NOT: This was one of the coins that led the rally in terms of coins rebounding despite a challenging BTC environment.

If this trend continues, I believe many other altcoins will follow. Other coins like TIA/DYM are also intriguing (I have some TIA).

— Altcoin Sherpa (@AltcoinSherpa) July 15, 2024

This token is currently trading at $0.016 and has experienced a 76.3% increase in value over the past 24 hours, supported by a trading volume of $397.8 million.

This indicates active market engagement and liquidity, backed by a market capitalization of $1.65 billion.

In comparison to Mog Coin’s price, the $NOT token’s value still has potential for further upward movement as it trades 44.28% below its all-time high (ATH) of $0.02896, reached a month ago.

$NOT’ RSI hovering at 58.53 /Source: TradingView

The technical analysis indicator RSI supports this, currently at 58.53, a rise from 50.85, indicating a gradual shift towards a bullish zone.

VeChain ($VET)

Another top cryptocurrency to consider is the $VET token, the native token of VeChain.

VeChain is a blockchain platform that enhances supply chain management and business processes through distributed ledger technology.

It aims to boost transparency, efficiency, and traceability across various sectors.

This performance from $VET is truly remarkable.
Look at these figures from them. 35%+ increase in the past week, market cap is growing daily, and the volume traded in the last 24 hours is up by nearly 50%. A nice upward trend we have here. Currently resting in a big… pic.twitter.com/yOCKjapy5F

— Crypto Raven (@hiRavenCrypto) July 15, 2024

At the time of this report, the $VET token is trading at $0.033 and has seen an 11.44% increase over the last 24 hours, with a market cap of $2.69 billion.

This recent price increase aligns with VET’s market RSI, which has risen from 76.63 to 81.76, suggesting a potential move towards overbought territory despite recent fluctuations in the crypto market.

$VET at an overbought territory with RSI 76.63 /Source: TradingView

Similar to the growth potential observed in other blockchain ecosystems, the ongoing development and adoption of supply chain solutions within VeChain’s ecosystem are anticipated to drive further utility and potential price appreciation for VET.

Crypto Presales Presents the Best Alternatives

Certain cryptocurrencies, such as Mog Coin, Notcoin, and VeChain, offer compelling options as the best cryptocurrencies to buy now due to their established presence, utility, and recent performance. However, investors looking for lower entry points might consider exploring crypto presales.

These presales provide discounted token prices prior to official exchange listings, potentially leading to favorable returns. Nonetheless, presales carry inherent risks, including the possibility of being used for fraudulent activities.

For those interested, Crypto News offers a curated list of vetted presale opportunities to assist in informed decision-making.

As always, thorough research and caution are crucial to mitigate the risks associated with trading cryptocurrencies.

14 Best Crypto Presales to Invest In Now

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