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The Shiba Inu (SHIB) price has risen over 240% in the past year whilst the Lido DAO (LDO) price has also risen by over 50% in the past year. What is the best crypto to invest in in 2024? Investors cashing out profits from Shiba Inu and Dao have been checking out presale contender InsanityBets – currently priced at just $0.001 and targeting an exchange listing price of $0.018 – a 1,700% increase on your investment. 2 audits have been passed, games are under development and the tokenomics look innovative. No wonder it's a new favorite!
Shiba Inu (SHIB) Enjoys a Price Uptick
Shiba Inu, the meme coin that took the market by storm in 2020, has recently seen the Shiba Inu price enjoy a resurgence, gaining over 240% in the past year. Although SHIB has experienced considerable volatility since its peak in 2021, the current trend might spell a positive shift for investors. With its substantial market cap and community support, SHIB is maintaining its presence in the market, though caution is advisable given the market's inherent fluctuations.
Lido DAO (LDO) Exhibits Bullish Signals
Lido DAO is also on the rise, exhibiting a 6.5% increase over the past week. Its technical indicators, such as the Relative Strength Index and the Moving Average Convergence Divergence, suggest a neutral to bullish outlook. Trading above its 20-day moving average, LDO appears to be in an uptrend, capturing the interest of investors looking for steady growth within the decentralized finance space.
InsanityBets (IBET) Presents a Unique Investment Avenue
Despite the gains of SHIB and LDO, InsanityBets stands out as a strategic investment choice, especially for those interested in the intersection of cryptocurrency with the gaming and gambling industries. IBET's proposition is enticing due to its early-stage investment opportunities and the founding team's commitment to innovation and user experience.
With the gaming and gambling industry's significant annual market value and the fact that InsanityBets are letting you own the house, the presale offers an interesting opportunity to take part in a project that looks built for long term success and is targeting huge projects such as Rollbit.
IBET is well-positioned to capitalize on the boom in the gambling industry expected for 2024 and presale investors are being given the opportunity to purchase the IBET token at a price that could give them gains of over 1,700% on exchange listing. Investors are drawn to the potential of InsanityBets, considering it not just as a token but as a gateway into a rapidly growing market segment.
For those looking to diversify their portfolios, InsanityBets (IBET) could represent a savvy move, offering a blend of innovation, market potential, and the excitement of being part of a nascent yet promising venture.
Website: https://insanitybets.com
Presale: https://buy.insanitybets.com
Telegram: https://t.me/insanitybets
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
