After a period of decline, of bitcoin The recent climb above $22,000 has instilled new confidence in the cryptocurrency market, with its market capitalization reaching $1 trillion once again. With a possible market rebound for at least some coins, what’s the best crypto to buy today?
As many have heard by now, Paxos has been targeted by the Securities and Exchange Commission (SEC)., accused the company of selling unregistered securities by issuing the dollar-backed Binance USD (BUSD) stable coin. Binance CEO CZ suggested that the cryptocurrency sector could turn to algorithmically-backed stablecoins as a result.
according to CZThe crypto market may soon be populated with stablecoins backed by other fiat currencies such as the euro and Japanese yen, judging by the stance of US regulators. While these algorithmic versions have seen some issues in the past, they attributed their regulatory backlash in part to Terra Luna’s failure in 2022.
In addition, Paxos Trust Co., which offers BUSD, the third largest stablecoin in the cryptocurrency market, has been directed by the New York State Department of Financial Services to cease issuing BUSD as of February 21. While Paxos will no longer be affiliated with Binance, it will continue to support BUSD for the next year.
In light of recent regulatory difficulties and volatility in cryptocurrency prices, investors may want to review their portfolios and seek new opportunities for growth. Several altcoins including MEMAG, CRV, FGHT, APT, CCHG, GMX, and METRO have growth potential based on technical and fundamental analysis and are worthy of consideration as some of the best cryptos to buy today.
MMG Web3 Is Booming In The Gaming Industry, Which Makes It One Of The Best Crypto To Buy Today
As new Web3 games and platforms continue to launch, the gaming industry is moving towards decentralization and player empowerment. Meta Masters Guild (MMG), a Web3 gaming guild and mobile game ecosystem, known as a metaverseis rapidly becoming a major player in this rapidly growing market.
MMG’s MEMAG token pre-sale has generated widespread interest, is being sold in phases and is now in its final phase. Adding to the excitement is the partnership with top game studio Gamearound and the upcoming launch of Meta Kart Racers in Q3 2023.
use of mmg non-fungible token (NFT) allowing players to own parts of the games they play, and the creation of a native NFT marketplace provides opportunities for in-game asset trading. MEMAG serves as the currency for transactions within the MMG ecosystem and includes governance and staking features.
Web3 gaming market is estimated to be worth $104.5 billion by 2028, and MMG aims to benefit from some of the growth. The company prioritizes high-quality gaming experience over pay-to-progress model and is committed to providing an immersive gaming experience.
With a clear roadmap and high potential for success, MMG is poised to become a thriving gaming ecosystem in the rapidly growing GameFi market. Investors can participate in the presale by purchasing MEMAG using ETH or USDT on the MMG website, which has already raised over $4.5 million.
Visit the Meta Masters Guild now
IMX
ImmutableX (IMX) has experienced a resurgence, with IMX price bouncing back to $1 on February 13 after a minor correction. Currently, the cryptocurrency is trading at $1.19, with a 161.02% increase in trading volume, indicating increased interest from traders. It has a market capitalization of over $896 million and is ranked 54th in the cryptocurrency market.
ImmutableX hosted a hackathon event for Web3 Gaming on February 11, 2023, with over 300 hackers launching 24 games and a $10,000 reward. Such events often attract the interest of investors in crypto projects. IMX has also partnered with Illuvium to launch NFTs on March 7th.
IMX is currently trading above its 20-day, 50-day, 100-day and 200-day EMAs, indicating bullish pressure that has kept the asset trading above $1. IMX price is currently up 6.68% for the day.
Immediate resistance for the crypto lies in the $1.212 to $1.235 resistance range, while support lies in the $1.038 to $1.076 range. If IMX manages to retest the immediate resistance level, the next possible target is the psychological level of $1.50.
Fight off the moves in the M2E fitness app space
The fitness industry is going through a technological revolution and Fight Out is poised to lead the way. This unique platform integrates state-of-the-art technology with a gym connected by intriguing technology, giving patrons a more personalized workout experience.
to fight stands out with its reward-driven, community-oriented fitness approach. The M2E app rewards users with REPS tokens for reaching fitness goals, combining financial rewards with friendly competition and community support.
Equipped with advanced technology including workout tracking and real-time exercise tips, Fight Out’s gym facilities will provide a highly personalized experience. This combination of technology and customization is a major advancement in the world of fitness.
Fight Out has also garnered the support of elite athletes such as UFC’s Amanda Ribas and former WBO middleweight champion Savannah Marshall, who will host educational events and boost the project’s profile in the fitness community.
Investors can also take advantage of Fight Out’s growth potential in its token pre-sale. Up to 50% bonuses are available for investments over $50K, and FGHT tokens have already generated over $4.22 million in presales, making them one of the best cryptos to buy today.
Graph (GRT)
Graph’s native token, GRT, soared 14.71% on Tuesday, recovering from losses over the past few days. The price of GRT is currently $0.1797 per token with an increase of 6.38% year to date.
There are two major reasons behind the recent hike in GRT price. Firstly, as with many other cryptocurrencies in the AI space, the growing interest in AI has led to more interest in the project. The second reason is more specific to Graph’s integration with Arbitrum, a layer-2 network on Ethereum, allowing Graph to scale operations, improve speed, and lower participation costs for users.
The deployment of Graph on Arbitrum is still ongoing, and although GRT is currently accessible via a bridge, two more integration steps must be completed before the migration is finalised. The next phase will activate indexing rewards on Arbitrum, while the final phase will complete the migration of Graph to the new network.
With yesterday’s resurgence and today’s continuation to the upside, GRT has invalidated a descending triangle pattern on the daily time frame that started forming on February 8th. The immediate resistance is the current swing high at $0.2322, while the immediate support ranges from $0.1384 to $0.1480.
If GRT manages to retest the current swing high of $0.2322, the price could shoot all the way to the psychological level of $0.30, which coincides with the Fib extension level of $1.414.
C+Charge Charging Forward with Key EV Market Innovations
C+Charge, a peer-to-peer payment system and EV charger discovery solution, seeks to drive major innovation in the charging and payment experience for electric vehicle (EV) owners. The rise of EVs has fueled a global push towards sustainable energy solutions, but existing charging infrastructure is struggling to keep up with demand.
C+Charge is working to solve this problem by building its own charging stations and partnering with existing ones. The blockchain technology powering CCHG guarantees that payments are transparent and processed efficiently.
In addition to simplified payments, C+Charge is rewarding EV owners with carbon credits in the form of Goodness Native Tokens (GNTs), which will represent verified voluntary carbon credits that can be accessed in the C+Charge mobile app and Business can be done for this. Crypto or Fiat.
Phase 1 of the C+Charge pre-sale has been successfully completed, raising over $1.13 million with CCHG tokens. The price of the token is going to increase by another 10.3% in Phase 3 of the next sale.
Fetch.ai (FET)
Blockchain intelligence firm Sentiment reports that Fetch.AI (FET) has recently seen a significant increase in market capitalization of 395%, placing it at number 102 on CoinMarketCap’s list of top crypto projects.
FET is an open source blockchain initiative that aims to create a decentralized infrastructure for modern applications. Its infrastructure is built on the Cosmos-SDK, and the network uses WebAssembly (WASM)-based CosmWasm, a high-performance smart contract language. This enables the Fetch.AI network to act as an interchain bridge between the layer-1 network for Ethereum and other blockchains.
Fetch.ai’s token, FET, is the primary medium of exchange on the network and can be used to pay for services provided by Fetch.AI. Token holders can also stake FET to earn a semi-passive income and help secure the network.
FET price recently gained 17.51% as it broke out of the $0.40 to $0.43 resistance range, giving a daily close at $0.4422. FET is currently hovering around the break-even point for the day at $0.4473, and registered an intra-day low of $0.4109 as it retested the previous resistance-turned-support range of $0.40 to $0.43. The future targets for FET are the psychological level of $0.50, followed by the next resistance range of $0.56 to $0.65.
Metropolis: The future of real estate investment
A game-changing NFT marketplace for real estate investing is on the horizon with Metropoli. Investors can purchase properties backed by real-world assets using fractional ownership with an initial investment of only $100, making real estate investing accessible to all. Unlike traditional real estate, there will be no need for a credit score, down payment, mortgage or paperwork, and the properties will be managed entirely by Metropoli.
One of the primary issues with traditional real estate is liquidity. Metropoli’s platform solves this by providing instant liquidity, allowing users to sell their properties for up to 70% of cost or the highest bid at auction. The platform will also provide users with real-time analytics and data to help them make informed decisions about their investments.
Users can buy real estate NFTs and invest in new projects at discounted prices through the Metropolis marketplace. The company’s future plans include expanding its offerings to include other asset classes such as stocks, gold and art.
Metropolis’s METRO token is selling fast and has already raised $490K in presale and will soon exit its current phase, after which the price will increase.
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