The cryptocurrency market saw a strong rally on Thursday, despite the US government taking a tighter regulatory approach towards digital currencies. Investors are looking for the best cryptos to buy today, as the market continues to display resilience amid regulatory hurdles.
Bitcoin It has seen an increase of 9.5% to date and is working to break through $25,000, while Ether is up over 8.55% at $1,714. Meanwhile, the total cryptocurrency market cap increased by more than $84.8 billion in the last 24 hours.
The price of bitcoin has now reached its highest level since mid-August 2022, when the crypto market experienced turmoil that resulted in bankruptcy, failure of projects and companies, and the collapse of major exchange FTX.
by Yuya Hasegawa, an analyst at Japanese crypto firm Bitcoin Bank, said regulatory action has led to a shift from altcoins to bitcoin. Hasegawa added that “the current regulatory environment certainly looks like a headwind for the crypto market, but it seems that some money is moving from altcoins to bitcoin as bitcoin is the only cryptocurrency that has been labeled a ‘commodity’ by the SEC chair.” As a result, bitcoin’s market dominance is on the rise.”
Bitcoin is closely correlated to equity markets, particularly the tech-heavy Nasdaq index. But while the Nasdaq is up about 15% year-to-date, bitcoin has outperformed the index and is up 48% this year.
In light of recent regulatory challenges and volatility in cryptocurrency prices, it may be beneficial for investors to assess their portfolios and look for new growth opportunities. To that end, it may be worth considering some of these best cryptos to buy today: MEMAG, RNDR, FGHT, OP, METRO, NEAR, and CCHG.
Meta Masters Guild Poised To Be Major Player In Growing Web3 Gaming Industry
The Meta Masters Guild (MMG) is looking to solve some of the challenges in the world of web3 gaming with its innovative gaming ideas and platform. As the gaming industry moves towards player empowerment and decentralization, MMG is poised to become a major player in this booming industry.
MMG’s MEMAG token has generated significant interest among crypto investors, with the pre-sale phase selling out repeatedly, and is now in its final phase. The partnership with leading game studio Gamearound and the upcoming launch of Meta Kart Racers in the third quarter of 2023 have contributed to the excitement surrounding MMG.
integration of non-fungible token (NFT) MMG games allow players to own different parts of the game they play, and the development of a native NFT marketplace creates opportunities for in-game asset trading. MEMAG serves as the currency of the MMG ecosystem, providing governance and betting features and serving as the primary means of transaction for MMG players.
Experts predict that Web3 will be the gaming market Will reach $104.5 billion by 2028, and MMG is keen to take advantage of this growth opportunity. The company prioritizes providing engaging gaming experiences over a pay-to-progress model, which reflects its commitment to delivering high-quality games.
With a well-defined roadmap and a lot of potential to capture a larger share of the market with its diverse range of games, MMG is set to become a thriving gaming ecosystem in the rapidly growing GameFi market. Investors can participate in the pre-sale, which has already raised over $4.7 million, by purchasing MEMAG with ETH or USDT on the MMG website. However, the pre-sale will end in less than a day at the time of writing, so investors will have to hurry to get their hands on some tokens.
Visit the Meta Masters Guild now
Render Network (RNDR)
RNDR token is growing along with many other cryptos in the market. With RNDR token trading above the important Exponential Moving Average (EMA), the token is currently showing further bullish signs.
Trading in the upper band of the Bollinger Bands indicator, RNDR Token current volume indicates higher volatility in the coming trading days. Investors should remain cautious and wait for a proper breakout for further upside.
Currently, RNDR is priced at $2 with a gain of 0.35% for the day and the 20-day EMA is at $1.54. This indicator has been trailing the price for the past few days, so this indicator could potentially work dynamic support for cryptocurrency.
The immediate resistance is the $2.226 to $2.259 range. If it successfully retests this level, RNDR price could potentially rise to $3 and see an additional 35% upside.
Struggle to Regain Fitness with Web3 and M2E Solutions
Fight Out is disrupting the traditional fitness industry with its innovative Web3 and Move-to-Earn (M2E) technology, addressing key concerns in the sector such as high gym member attrition rates.
According to the IHRSA, 50% of new gym members drop out after only six months of membership, primarily due to a lack of motivation, engagement and personalization. as noted in an IHRSA reportSince the onset of COVID-19, “the permanent closure of 17% of clubs in the US – and as many as 40-50% in some countries – has left a vast majority of members displaced in search of new options.”
Fight Out offers an all-inclusive solution for people searching for such options that includes a personalized NFT avatar that portrays the individual’s fitness statistics and provides continuous engagement, along with REPS token rewards and custom workout plans. Gamifies their fitness to motivate them.
With the REPS token, users can be rewarded for exercising at home or in the gym. Tokens can also be cashed in for discounts on merchandise, subscriptions and gym memberships.
Fight Out is set to open its first gym in the last quarter of 2023, with state-of-the-art equipment and unique features such as Web3-powered technology such as digital mirrors displaying a user’s fitness profile and sensor tracking for ongoing advice and insights Workout.
By providing an environment of community, personalization, and goal-oriented motivation, this company is positioning itself to break into the fitness app industry.
Investors have the opportunity to make the most of the opportunity, with investments over $50,000 receiving a bonus of up to 50% in the project’s token pre-sale. FGHT token has already raised around $4.24mn in its pre-sale period and will soon start its next phase with higher prices.
optimism (op)
Optimism is a layer-2 scaling solution designed to power decentralized applications Ethereum, Optimum promises to offer high throughput, low latency, predictable transaction costs, and advanced security features.
The platform allows developers to build trust-minimum applications that can include compatible ETH or ERC-20 tokens with rich data structures, which have significant potential for the future of Web3.
On Wednesday, the OP broke out from the Fibonacci level of 0.786 and the 20-day EMA, showing a gain of 16.19%. The RSI indicator of 61.78 confirms that the cryptocurrency continues to rise as it is approaching the overbought zone of RSI 70. This indicates that OP demand is high, and buyers are in control of the market.
The MACD histogram indicator is also showing an uptrend, and the current reading of -0.038 is higher than the previous day’s reading of -0.097. This suggests that the price may continue to rise and buyers may dominate the market in the days to come.
The OP is currently priced at $2.90 with a 2.94% gain for the day. The price of Optimism reached an all-time high of $3.229 on February 3, which is its immediate resistance. Potential support could be found at the $2.337 Fib 0.618 level.
Metropoli’s NFT marketplace with instant liquidity and passive income
Metropoli’s upcoming NFT marketplace is set to change the way people invest in real estate for the better. The platform uses fractional ownership to back properties around the world, all managed by Metropoli.
And unlike traditional real estate investing, there is no need for a credit score, down payment, mortgage or paperwork, allowing investors to start with just $100 and earn passive income through automatic rental payments.
The traditional real estate market suffers from significant liquidity issues, but Metropoli addresses this with instant liquidity. With real-time analytics and data available to aid investment decisions, investors can sell their properties for up to 70% of cost or the highest bid at an auction.
Metropolis’ primary utility token is Metro, with a supply of one billion tokens, successfully audited by CertiK and SolidProof, and no taxes. The marketplace offers real estate NFTs and a launchpad for discounted investments in new projects. Metropolis also plans to expand its offerings to other asset classes such as gold, stocks and art in the future.
Metropoli’s revolutionary NFT marketplace makes real estate investing backed by real assets accessible to everyone. With unique features including fractional ownership, instant liquidity and real-time analytics, Metropolis is set to be a game changer in the real estate investment industry.
METRO Token has already raised over $500K in the project’s token pre-sale, and the cost of the token will increase with each stage. Now is the perfect time to grab some METRO as it is one of the best cryptos to buy today before their price soars.
Near Protocol (NEAR)
NEAR Protocol (NEAR) is a newly launched blockchain platform that aims to provide developers with a scalable, secure and easy-to-use environment. Through its in-built programming language “Move,” the NEAR Protocol (NEAR) allows developers to create smart contracts and decentralized applications (dApps) on the network.
NEAR experienced 100% YTD growth starting at $1.20. The cryptocurrency has been trending sideways since January 23rd. On Wednesday, it bounced off the range-low support at $2.20 and posted 11.98% upside.
At the time of writing, NEAR price is trading up by 0.16% at $2.520. A break out of the $2.640 to $2.690 range-high is important for the price to signal a reversal from the sideways trend. If NEAR manages to retest this level, the next target is the $3.331 to $3.448 resistance range for a potential upside move of 23% to 28%.
C+Charge Charging Forward with Key EV Market Innovations
C+Charge seeks to improve the payment and charging experience for electric vehicle owners with its blockchain-based platform. With the worldwide boom in EV ownership, there is an urgent need to create alternative energy solutions that can keep up with growing demand – but existing infrastructure is not yet up to the challenge. C+Charge’s groundbreaking platform has the potential to fix that.
To address these challenges, C+Charge is building charging stations and collaborating with existing ones, while allowing users to pay with the CCHG token and easily find and find nearby charging stations. Allows to see how much charging will cost.
The blockchain technology powering CCHG guarantees transparent and speedy payment processing. The app also provides real-time data on nearby charging options and can diagnose the vehicle for potential problems.
In addition to streamlined payments, EV owners using C+Charge will receive carbon credits in the form of Goodness Native Tokens (GNT). Backed by venture capital firms such as a16z crypto and Invesco, these tokens represent verified voluntary carbon credits and can be accessed in the C+Charge mobile app for trading.
The first phase of the C+Charge pre-sale has been successfully completed, and the pre-sale has raised over $1.18 million to date. The price of the token will increase by another 10.3% in the next pre-sale phase.
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