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InsideBitcoins periodically provides a summary of best cryptocurrencies buy now, taking into account the recent evolution of its prices.
As we begin the new year, the cryptocurrency market continues to attract the attention of investors and newcomers alike. This article lists tokens that may seem valuable to invest in in the current market. The selected cryptocurrencies show growth potential and offer investors a unique opportunity to explore options that could generate substantial returns on investment.
The best cryptocurrency to buy now
bitcoin started 2024 with a notable rise, surpassing the $45,000 mark for the first time since April 2022. The recent rally in the value of bitcoin-starts-2024-with-another-rally-213157253.html”>bitcoin is mainly attributed to the growing anticipation around bitcoin exchange-traded funds (ETFs).
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The positive market sentiment appears to be driven by the prospects of these upcoming ETFs, fueling investor interest. Furthermore, it is contributing to the renewed momentum in bitcoin's valuation. The impact of regulatory decisions on major assets like bitcoin underscores the interconnected relationship between market dynamics and regulatory developments.
1. Fetch.ai (FET)
Fetch.ai has demonstrated notable growth and development within the technology sector. Recently, Fetch.ai announced an integration with GraphCast, an ai weather forecasting model that provides insights into weather patterns. These patterns can be accessed through DeltaV.
The team highlights this integration as a testament to the robustness and adaptability of its ai agent technology. Fetch.ai presents features that may attract the interest of investors. The sentiment surrounding Fetch.ai's price prediction appears bullish, with the Fear & Greed index indicating 70 (Greed).
Notably, the token has been trading above the 200-day simple moving average, indicating a sustained positive trend. Additionally, Fetch.ai has experienced 17 green days out of 30, making up 57% of the observed period. It also has high liquidity based on its market capitalization.
Exciting integration update!
we have integrated #GraphCast, @GoogleDeepMindIt's revolutionary ai?src=hash&ref_src=twsrc%5Etfw”>#ai weather forecast model, with our ai agents.
This powerful combo can now be accessed through DeltaV for unparalleled weather information pic.twitter.com/gZSFXzi917
– Fetch.ai (@Fetch_ai) December 19, 2023
Furthermore, Fetch.ai has a circulating supply of 688.12 million FET out of a maximum supply of 1.15 billion. FET is ranked 33rd within the ethereum token sector (ERC20), 47th in the Layer 1 sector, and 7th in the ai crypto sector.
Furthermore, Fetch.ai has seen a notable 644% price increase, outperforming 94% of the top 100 crypto assets. This growth underlines its position within the cryptocurrency market, placing it among the best cryptocurrencies to buy now.
2. Blur (BLUR)
The BLUR token saw a 5.19% price increase in the last 24 hours, accompanied by an increase in trading volume, reaching $340.59 million. Current sentiment suggests an uptrend, with a fear and greed index of 70 indicating market greed.
BLUR has a circulating supply of 390.26 million out of a maximum of 3 billion tokens. However, despite its high of $1.378270 on February 19, 2023 and a low of $0.153438 on October 12, 2023. Furthermore, BLUR has shown positive price movements in 16 of the last 30 days , which represents 53% of the observed period.
MIX ANNOUNCEMENT
Blur Lending (Blend) support is now available for Lil Pudgys. You can now earn bidding, listing and lending points at Lil Pudgys. pic.twitter.com/2Ezd5D0o1U
– Blur (@blur_io) December 4, 2023
Furthermore, BLUR is consistently trading above its 200-day simple moving average, reflecting a positive trend. The project demonstrates high liquidity based on its market capitalization and ranks 8th in the Meme Coins sector.
3. Synthetix (SNX)
Synthetix has recently introduced its updated decentralized liquidity provisioning protocol, Synthetix Perps V3. Its objective is to take advantage of the successes and learnings of V2. The new version focuses on improving commerce efficiency, usability and resilience.
Notable features include native cross-margining, new margin types, and nft account-based controls that adapt to merchant preferences. Furthermore, the current sentiment on Synthetix price prediction is neutral, with the Fear & Greed index indicating a level of 70 (Greed).
@infinex_app It is now available on Mainnet
Infinex felon trading combines the best of DeFi with the fast and familiar UX of Web2. Self custody. Without hope. Transparent.
We're just getting started. pic.twitter.com/7Iq9JS5yzg
-Infinex (@infinex_app) December 23, 2023
Currently, Synthetix has a circulating supply of 114.84 million out of a maximum supply of 212.42 million SNX. In the market capitalization rankings, it is ranked 17th in the DeFi coins sector and 6th in the yield farming sector. Furthermore, it is ranked 38th in the ethereum token sector (ERC20) and 8th in the layer 2 sector.
SNX has seen a 159% price increase over the past year, outperforming 69% of the top 100 crypto assets during this period. Furthermore, the project is currently trading above the 200-day simple moving average.
4. bitcoin Minetrix (BTCMTX)
bitcoin Minetrix has recently introduced a unique model that allows users to participate by staking BTCMTX tokens. This is done in exchange for cloud mining credits. This initiative aims to distribute control among community members, creating a safe mining environment for token holders.
Additionally, the project has successfully raised over $6 million to achieve its goals. However, the current phase allows investors a two-day window before the next price increase.
Enter the vibrant world of #bitcoin Miningwhich will skyrocket to become a $12 billion industry by 2027.
Through #BitcoinMinetrix, we are transforming accessibility and security in mining, using innovative cloud mining methods and staking for everyone. pic.twitter.com/AFhLqpEfcD
—Bitcoinminetrix (@bitcoinminetrix) January 2, 2024
bitcoin Minetrix emphasizes a community-centric approach. The BTCMTX token staking pool has attracted attention, amassing a current stake of over 400,000 BTCMTX tokens. The platform claims an annual percentage yield (APY) of 103.225%.
During the ongoing pre-sale, the project has successfully raised over $7,345,887.63 of the $7,998,918 target by selling tokens at $0.0126 each. This pre-sale period offers 70% of the total token supply, amounting to 2.8 billion BTCMTX of the 4 billion total tokens.
In conclusion, bitcoin MinetrixThe innovative approach aims to engage the community in a safe mining space. The ongoing pre-sale has raised significant funding and the project's tokenomics adds an interesting dimension to the overall initiative. However, potential investors should conduct extensive research and due diligence before considering participation.
Visit bitcoin Minetrix.
5. Bitget Token (BGB)
Bitget Wallet has recently integrated WalletConnect's Verify API to improve the security of users connecting to DApps. This integration helps detect suspicious or malicious domains, mitigating the risk of piracy within the web3 ecosystem. WalletConnect is a vital bridge between DApps and Web3 wallets.
In addition to the Verify API integration, Bitget Wallet is actively planning to incorporate WalletConnect's Notify API. This feature will allow users to subscribe and receive notifications directly from DApps to their wallet addresses. The recently released Web3Inbox SDK makes it easier to pass messages with WalletConnect, contributing to an improved user interaction experience.
Bitget Token has recently witnessed a notable rise, with its price at $0.610043, reflecting an intraday increase of 2.25%. The highest recorded price of the token was $0.699781 on December 19, 2023, while the all-time low was $0.014496 on June 25, 2020. Notably, the token has shown bullish sentiment in its prediction of prices, with a fear and greed index indicating 70 (Greed).
We are delighted to announce that $ZKF @ZKFCommunity will appear in the list #Bitget!
Enjoy the #launch pool and take a share of 28,000,000 $ZKF!
6:00, January 4 – 6:00, January 6 (UTC)
Ready to bet? Go to: https://t.co/d9IjmJedwt
Explore more details: https://t.co/SvbUJamLo5
—Bitget (@bitgetglobal) January 3, 2024
The circulating supply of BGB currently stands at 1.40 billion out of a maximum supply of 2.00 billion BGB. The annual supply inflation rate is 180%, which generated 900 million BGB last year. Furthermore, Bitget Token occupies the seventh position in the Exchange Tokens sector.
Furthermore, the token saw a 235% price increase last year, outperforming 77% of the top 100 crypto assets. The token is trading above the 200-day simple moving average and positioned near its cycle high.
Read more
- Audited by Coinsult
- Secure and decentralized cloud mining
- Earn free bitcoin daily
- Native Token on Pre-Sale Now – BTCMTX
- Staking Rewards: Over 100% APY
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