2022 has been a rocky year for the cryptocurrency market. Bitcoin has lost more than 74% in value since its peak in November 2021, and most other cryptocurrencies have lost even more value during that time.
However, this is not the first instance where crypto has caused such a serious injury. In fact, this is bitcoin’s fourth crash in its nearly 14-year history in which it has declined by at least 70%. After each of these previous crashes, both bitcoin and the broader crypto market rebounded and ended up much bigger than they were before the market crash.
In other words, even though most people buy crypto when prices are high and sell when they are low, bear market In fact now is the best time for investors to start taking positions, ideally through dollar cost averaging or pre-sale purchases.
Below are some of the best cryptos to buy today, December 8th, some of which are in pre-sale:
IMPT.io (IMPT)
IMPT.io, a carbon offsetting and climate change initiative, is nearing the end of its token pre-sale after raising over $16.1 million in two months. The pre-sale looks like it will raise a lot more before it ends on December 11, with over $1 million raised in the last 24 hours.
The project connects users with hundreds of environmental projects globally, working with thousands of well-known retail brands who donate a specified portion of each sale on the platform to the projects.
IMPT token will be listed on exchanges at $0.0253, which is 10% higher than the last pre-sale price. Exchanges LBank and Changelly have already confirmed listings, with seven more exchange listings currently underway.
IMPT.io allows users to be rewarded nft based Carbon credits for purchases from affiliated brands, which they can then sell or use to retire/burn for unique rewards.
Not only do shoppers receive IMPT tokens when they shop, but a portion of their spending will also be donated to an eco-friendly project working to fight climate change. Unretired credits can also be exchanged on the IMPT marketplace.
IMPT’s state-of-the-art platform has already partnered with leading brands including Netflix, Microsoft, Amazon, Samsung, Macy’s and Domino’s.
Trust Wallet Token (TWT)
TWT is currently up about 8%, trading at $2.62 per coin as of writing. Last week’s gain of 21.88%, from $1.99 to $2.429, sets TWT up for continued growth this week.
Trust Wallet, a wallet app that enables users to own their digital assets, its native token, TWT, skyrocketed after CZ, Binance CEO reminded the crypto community Tweet Self-custody is important after FTX degradation.
As TWT continues to make its move, support is established at the bottom of the current range at $1.84 to $1.93, and traders are advised to adjust their strategies to apply. trailing stop In the event that the price increases further.
Dash 2 Trade (D2T)
Crypto traders and investors are excited for the upcoming launch of Dash 2 Trade, a new trading and analytics platform that is expected to launch soon.
due to recent ftx scandalDash 2 Trade has seen an increase in interest in its tools that help detect crypto scams. As a result, the team has announced that their platform will launch sooner than originally planned and that the token presale will be scaled down. Originally, 665 million D2T tokens were to be sold over 9 phases of the pre-sale, but this has been reduced to only 4 phases with 262.5 million tokens being made available.
- The soon-to-be-launched platform will include the following features:
- Buy/Sell Trading Signals
- social sentiment analysis
- On-chain analysis to identify trending coins
- Social trading tools that make it easy to try out new strategies.
- Presale Crypto Score for assessing crypto presales
Most Dash 2 trade operations will require the use of D2T tokens, which is expected to result in high demand for the token. So far, the D2T token pre-sale has raised $9.1 million and 68% of the tokens have been sold.
Beta Dash 2 Trade Presale Dashboard coming soon. In preparation for its release, the site was recently updated with new visuals, including pictures of the dashboard as well as a side-by-side comparison matrix showing the features of the Dash 2 Trade compared to its competitors. Now you can also learn about the team behind the project on the website.
GMX (GMX)
As people turn their attention to other decentralized exchanges in the market, GMX, the native token of GMX DEX, is another coin that has benefited massively from the FTX fiasco. GMX had a good week last week, opening at $43.12 and closing at $59.12, with a total gain of 23.54%. GMX is currently sitting at $53.57, down 1.42% for the day so far.
The price saw a retracement this week to the fiber level of $0.236 and the $50 support area as the cryptocurrency slowed down its potential move. The current resistance is at $60 and the next potential target is set at the extended Fibonacci level of $66 with a potential 13% upside swing.
Calvaria (RIA)
Calvaria: Duels of Eternity is an NFT battle card game that allows players to earn rewards by playing. The game is becoming popular among crypto investors, who see great potential in its unique game mechanics and potentially addictive gameplay.
In Calvaria, players use cards representing different characters in an afterlife-themed realm made up of three factions. Each character has unique abilities and a 3D character model that moves across the battlefield when a card is played.
The game will have both a free-to-play version and a play-to-earn version, with a focus on onboarding players from the free version to the paid version, showing them the ability to earn rewards and join the trading community . ,
NFTs can be bought and traded using RIA tokens in the game’s internal marketplace. Those who hold the digital assets have the power of governance over the game’s Decentralized Autonomous Organization (DAO). Furthermore, the token can be staked by those interested in passively generating additional income.
An experienced team of developers is currently working on the game, using the Polygon Network to create an immersive play-to-earn and NFT trading experience. The game has already garnered support from a growing community of investors, raising $2.4 million in its presale with only 23% of tokens held against the $3 million goal. With only 150 million tokens available instead of 300 million, the developers are ending the presale earlier than originally planned.
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