Crypto markets are more or less in limbo as major cryptos such as Bitcoin, Ethereum, BNB and Ripple are showing modest gains over the past 24 hours while being down slightly over the past week.
Meanwhile, the total crypto market cap is up about 1% in the last 24 hours and currently stands at $834.4 billion. The total crypto market volume has decreased by 13% in the last 24 hours to $52.67 billion, while bitcoin is up 0.63% over the past day and is currently trading at an average price of $16,570.
Solana, which has seen massive downside volatility since the fall of FTX, is up 3.41% over the past 24 hours at $14.36.
In other news, Binance has stepped in to bid for defunct crypto lender Voyager, now that FTX is out of the picture.
In an interview, the CEO of Binance US “CZ” Zhao confirmed that the company will make a new bid for the crypto lender Voyager. He added that the decision was made because “FTX is no longer able to follow through on that commitment”.
Following Voyager’s bankruptcy, FTX first emerged as the frontrunner to acquire the lender, while Binance’s original bid was reportedly put on hold. CZ clarified: “I think the US national security concerns were just rumors spread by FTX.”
While it may be risky to buy into cryptocurrencies with at least medium-term upside potential due to current market conditions, cryptocurrencies like SOL that have already suffered heavy losses may be an option to consider. Will the broad market continue to move sideways? DASH could also be a good buy after it recently consolidated following a pump. Meanwhile, tokens in pre-sales such as D2T, TARO and RIA provide an opportunity to capitalize on future growth.
Dash 2 Trade (D2T)
Dash 2Trade is a state-of-the-art crypto analytics and social trading platform that enables users to find the best trades for any coin and time frame. Platform, currently in presaleWill launch in the first quarter of 2023 and provide traders with essential tools to track and analyze the price movements, news and market sentiment of various coins.
dash
After a major pump that began on November 22, in which the crypto surged 37% at one point and reached $43.59, Dash entered a consolidation phase, forming a bull pennant pattern.
Some speculation suggests that the anonymous nature of the cryptocurrency and its possible use for online betting on the FIFA World Cup could be driving the price up. whatever the reason, If Dash shows a decisive break out above $44 This can be considered a short term buy with a reasonable price target of $47.
Robotera (Tarot)
The project is a metaverse world in which the founders are attempting to create a sandbox-style environment. This means that different assets and experiences will be available as part of the world for players to enjoy.
The project will initially sell the local token $TARO to power the global economy. They would then sell the land parcels and robot characters as NFTs. $TARO can be used for various transactions around the world such as purchases, entry to games and events, etc.
The Robot NFT will be the user’s in-game character, while the Land will allow users to create $TARO assets, build digital buildings, create games, and more. The project’s easy-to-use tools will allow users to create assets in the Robotera metaverse without any coding knowledge.
The world also includes “play to earn” elements, so players can earn $TARO by completing tasks.
Solana (SOL)
As you probably know, Solana went big after the FTX fiasco, with FTX selling off its large holdings of the coin in order to prop up FTX’s price – while speculation as to how Solana would survive without the support of the exchange drove its value up. and reduced.
It is quite possible that Solana has seen its bottom and may be able to gain enough momentum from here to reach the 50% retracement level from its ATH, around $20. However, there’s no guarantee that just because it’s currently down 95% from its ATH that it’s currently a solid buy.
Kaveriya (RIA)
There is currently a lot of hype around Cavaria: Duels of Eternity, a crypto gaming platform first announced in 2022. The platform combines non-fungible token (NFT) trading cards with the Metaverse to create an immersive and exciting experience for players.
In Calvaria, players purchase NFT trading cards and use them to build strategic decks. The goal is to fight and win a set of cards from other players, after which they in turn earn tokens. With its unique blend of gameplay elements, Calvaria is definitely one of the most popular games out there!
Calvaria, a free-to-play game, breaks the mold of pay-to-earn gaming by offering NFTs to players as soon as they join. Hence, players do not need any financial means or technical knowledge to play the game.
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