Tag: Cryptocurrencies

  • SYRUP, MOVE, DEXE among top gainers as cryptocurrencies eye fresh gains

    SYRUP, MOVE, DEXE among top gainers as cryptocurrencies eye fresh gains

    Bitcoin And Cryptocurrencies

    • Cryptocurrencies are up as Maple Finance (SYRUP) price spikes 19% amid institutional DeFi adoption.
    • The Movement (MOVE) token gained 17% as price hits $0.19 on rising volume.
    • DeXe’s DEXE token jumped 10% in 24 hours to hit highs above $9 after a sharp rebound off $5.30.

    Maple Finance (SYRUP), Movement (MOVE), and DeXe (DEXE) have posted remarkable price moves in the past 24 hours, all up by double-digits as cryptocurrencies bid for further gains.

    The upside action for these altcoins come as Bitcoin holds above $106k, and stock futures suggest investors are pricing in a thawing in the Israel-Iran hostilities.

    At the time of writing, SYRUP traded around $0.62, up nearly 19% in 24 hours. Meanwhile, MOVE hovered near $0.18 and DEXE changed hands at highs of $9.10, up 17% and over 10% respectively.

    Analysts at QCP Group summed up the market sentiment in a post on X:

    “Israel resumed strikes shortly after a fragile ceasefire, but markets barely reacted. Traders seem to have priced in peace or stopped waiting. Risk appetite surged as the Nasdaq 100 hit record highs and the S&P 500 neared its 2020 peak. Oil also returned to pre-conflict levels.”

    Maple Finance (SYRUP) price

    Maple Finance’s SYRUP token has soared 19% in the last 24 hours, trading to highs of $0.62 with a market capitalization of $684 million. A 24-hour trading volume of $188 million, up 24% in this period,  reflects strong market confidence.

    The price rally aligns with broader crypto gains,with top altcoins also rallying.

    However, Maple’s transition to a leading on-chain asset manager, and blending traditional finance expertise with decentralized finance (DeFi) innovation, is seeing industry take notice.

    Maple’s lending and structured products are appealing to institutional investors, which is likely to buoy the $SYRUP token further.

    Currently, Coinglass data shows open interest in SYRUP is up 56% to nearly $69 million, while derivatives volume has jumped to over $308 million.

    Movement (MOVE) surges to $0.19

    Movement’s MOVE token has climbed 17% over the past day, reaching $0.19.

    A look at the charts also shows that MOVE is up more than 42% in the past week, with gains coming amid fresh interest in the token. Move Foundation’s buyback initiative is part of the upside catalysts, with 10 million and 8 million repurchased on June 20 and June 22 respectively.

    DeXe (DEXE) price jumps to $9

    DeXe’s DEXE token rose sharply after tapping support near $5.30 on Wednesday.

    With gains of over 10% in 24 hours, the token’s price jumped to a high of $9.10, rising amid a 560% spike in daily volume. Per CoinMarketCap, the daily volume for DEXE stood at $104 million at the time of writing.

    Gains for DeXe come as its governance model, which allows DEXE holders to influence protocol decisions, strengthens community trust.



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  • Fundraising platform JustGiving accepts over 60 cryptocurrencies including Bitcoin, Ethereum

    Fundraising platform JustGiving accepts over 60 cryptocurrencies including Bitcoin, Ethereum

    • JustGiving now accepts over 60 cryptocurrencies for people to donate with
    • 94% of crypto users are Millennials and Generation Z
    • More than $2 billion has been donated to charitable causes over the past five years

    UK-based fundraising platform JustGiving is teaming up with The Giving Block, a digital asset company, to start accepting crypto donations.

    JustGiving now allows users to donate in more than 60 cryptocurrencies, including Bitcoin, Ethereum, Tether, and Doge, according to a report from UK Fundraising. The move comes as the crypto market is experiencing a surge in value, with Bitcoin recording a new all-time high of over $94,000 yesterday on CoinMarketCap.

    According to JustGiving’s website, over the past 24 years, the fundraising platform has raised $7.2 billion (£6 billion) and is trusted by thousands of charities worldwide, including the Alzheimer’s Society, the British Heart Foundation, Macmillan Cancer Support, and Mind.

    Pascale Harvie, President and General Manager of JustGiving, said:

    “In recent years there has been a surge in the use of cryptocurrencies and our decision to enable cryptocurrency donations is the latest demonstration of our commitment to forward-thinking innovation.”

    Tapping into a tech-savvy demographic is also key. According to JustGiving, 94% of crypto users are Millennials and Gen Z.

    Alex Wilson, co-founder of The Giving Block, said that “charities need to tap into this new donor demographic,” adding:

    “580 million people now use cryptocurrency around the world and the market is worth nearly $3 trillion. Our goal is to make accepting cryptocurrency donations just as easy as taking any other online donations.”

    In a 2024 Annual Report from The Giving Block, it noted that more than $2 billion has been donated to charitable causes over the past five years.

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  • WIF, PEPE, and SEI shine as cryptocurrencies surge

    WIF, PEPE, and SEI shine as cryptocurrencies surge

    Dogwifhat piece rebound and DTX token presale catch investors’ attention
    • WIF, PEPE and SEI were among top performing altcoins as Bitcoin surged to above $63,800 on Sept. 19.
    • These gains followed US Federal Reserve’s 0.5% interest rate cut.
    • Analyst says WIF could outpace market in coming weeks.

    Meme coins dogwifhat (WIF) and Pepe (PEPE), as well as layer 1 blockchain Sei (SEI) are among the top gainers in the past 24 hours as several altcoins record their best performances for a while.

    SEI was up 19%, WIF 17% and PEPE 12% as crypto rose amid Bitcoin’s surge to above $63,000 on Thursday.

    According to data from CoinGecko, SEI price reached highs of $0.35 as its volume jumped 224% to over $345 million. Meanwhile, WIF traded to $1.81 across major exchanges, notching an intraday volume of over $717 million with a 24-hour increase of 109% at the time of writing.

    Popcat (POPCAT), which has rallied since Kraken announced spot trading support, continued to outpace all other top 100 coins by market cap. However, meme coin Pepe also recorded decent gains to rank among best performers on the day. PEPE price jumped more than 12% to hit levels last seen on Aug. 28.

    According to crypto analyst RookieXBT, dogwifhat price has the potential to pare losses seen during its recent downtrend within weeks. Notably, the analyst also sees further gains for POPCAT.

    Crypto spikes after Fed interest rate cut

    Most of the coins seeing significant gains in the past 24 hours are registering the upside after the market reacted upward to the US Federal Reserve’s interest rate cut on Sept. 18. After four years, the Fed slashed interest rates by 50 basis points on Wednesday.

    Bitcoin price rocketed after the decision, with BTC first breaking above $60k to bolster overall sentiment. Prices retested resistance around $62.2k before a slight dip – then roared back to above $63.8k.

    Solana (SOL) broke above $143 with over 10% gains, while altcoins such as Sui, Aptos, Bittensor and Avalanche recorded more than 12% respectively.



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  • Cryptocurrencies to watch in August: Poodlana, Bitcoin, BOOK OF MEME (BOME)

    Cryptocurrencies to watch in August: Poodlana, Bitcoin, BOOK OF MEME (BOME)

    Cryptocurrencies to watch in August: Poodlana, Bitcoin, BOOK OF MEME (BOME)
    • Poodlana’s presale surges to $3.5M, with price set to rise further.
    • Bitcoin hits $69,000, boosted by Trump’s pro-crypto remarks.
    • BOOK OF MEME rises 20%, with strong technical patterns and market interest.

    As August approaches, the cryptocurrency market continues to evolve with exciting developments and noteworthy trends. Three cryptocurrencies stand out for their potential to capture significant attention and drive market momentum: Poodlana (POODL), Bitcoin (BTC), and BOOK OF MEME (BOME).

    Each of these assets is making waves in its own way, whether through innovative presales, significant price rallies, or emerging market trends.

    Here’s why Poodlana, Bitcoin, and BOOK OF MEME (BOME) are the ones to watch as we move deeper into August.

    1. Poodlana: a new Solana meme coin making waves in presale

    Poodlana (POODL) is quickly gaining traction in the crypto space, particularly within the meme coin sector. Launched on July 17, 2024, Poodlana’s presale has already hit an impressive $3.5 million in under two weeks.

    This surge in interest highlights the growing excitement around this new entrant in the market.

    The inspiration behind Poodlana is equally compelling. The cryptocurrency draws from the allure of the poodle, one of Asia’s top dog breeds, blending fashion-forward appeal with the meme coin trend.

    This combination is resonating with both investors and enthusiasts, contributing to its rapid rise.

    With just 17 days left in the presale, the token is set to list on its first decentralized exchange (DEX) on August 16.

    The presale price is designed to rise after every 72 hours. The price at press time was $0.0335 and was expected to rise to $0.0375 in the next presale stage.

    It is projected to list on crypto exchanges $0.06, offering early buyers a chance to capitalize on a potentially lucrative opportunity.

    Poodlana’s tokenomics are also noteworthy. With a total supply of 1 billion tokens, 50% is available during the presale, and 100% will be unlocked after the ICO sale.

    The token’s immediate listing on a DEX post-presale is designed to eliminate uncertainties and could drive significant price movement as the project transitions from presale to public trading.

    2. Bitcoin: seeing increased activity after the Bitcoin 2024 Conference

    Bitcoin (BTC) remains a cornerstone of the cryptocurrency market, and its recent performance underscores its continued relevance and influence.

    In the past 24 hours, Bitcoin price has surged by over 3%, breaking past the $69,000 level. This price increase reflects a broader bullish trend in the market, which is further fueled by recent events.

    Former President Donald Trump’s pro-crypto speech at the Bitcoin Conference has been a significant driver of Bitcoin’s recent gains.

    Trump pledged to prevent federal Bitcoin sales if re-elected and to make the US a global leader in cryptocurrency. His remarks have resonated with the crypto community, contributing to Bitcoin’s recovery and pushing it closer to the $70,000 mark after trading as low as $63,000 in the past week.

    The rally has also positively impacted other Bitcoin-related tokens. For instance, Bitcoin Cash (BCH) and Bitcoin SV (BSV) saw substantial gains of over 14% on Monday. BSV, in particular, has experienced a dramatic 16% jump over the last day, indicating a strong recovery despite being down about 45% year-to-date.

    With Bitcoin’s influence permeating the market and its price nearing $70,000, it remains a key asset to watch in August.

    3. BOOK OF MEME (BOME): another Solana-based meme coin that’s rising

    BOOK OF MEME (BOME) is rapidly emerging as a standout within the Solana ecosystem. Recent developments highlight a significant bullish trend for this meme coin. BOME surged 20% to $0.0105, driven by a combination of technical patterns and broader market movements.

    The token’s impressive rally is reinforced by a golden cross pattern, where the 50-day Exponential Moving Average (EMA) crosses above the 200-day EMA, signaling strong bullish momentum.

    Additionally, BOME has shown resilience by rebounding from early July’s drop. After retesting the $0.0065 support level, the token managed to break through key resistance at $0.0095, climbing to $0.01065.

    The Relative Strength Index (RSI) also broke bearish divergence, further supporting the positive outlook.

    Despite this, traders should remain cautious, as the RSI’s entry into the overbought region and potential volatility from the upcoming Federal Open Market Committee (FOMC) meeting could influence price movements.

    The growing interest in BOME is also evident from a 74% increase in futures open interest. This indicates heightened market interest but also suggests potential for increased volatility and subsequent corrections.

    The presence of an inverse head and shoulders pattern on the daily chart suggests a possible 41% surge to $0.013, making BOME a key cryptocurrency to monitor closely in August.

    Conclusion

    While Poodlana (POODL), BOOK OF MEME (BOME), and Bitcoin each present compelling bullish indicators for August, Poodlana stands out as the most promising choice.

    With its presale currently underway, Poodlana offers a clear price increment path leading up to its August 16 DEX listing, providing a more predictable investment opportunity.

    In contrast, Bitcoin and BOOK OF MEME face market volatility that could lead to significant price swings. For those seeking a more structured and potentially lucrative investment, Poodlana’s presale phase offers a unique and advantageous position.

    Nevertheless, it is always important to do your due diligence before making any crypto investment due to the volatile nature of the crypto market.

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  • PEPE jumps 54% to lead meme coins as cryptocurrencies rally

    PEPE jumps 54% to lead meme coins as cryptocurrencies rally

    • PEPE price rose more than 50% to lead top meme coins Dogecoin and Shiba Inu.
    • The frog-themed meme token is now above Solana-based Bonk in market cap.

    Pepe (PEPE) has had the most bullish reaction to Bitcoin’s massive spike on Monday.

    The meme coin, which had taken a backseat as Solana-based meme tokens stole the show in late 2023, has overtaken Bonk (BONK) into third spot among largest meme coins by market cap.

    PEPE is outpacing Dogecoin (DOGE) and Shiba Inu (SHIB), the top two meme coins that have posted 24-hour gains of 12% and 14% respectively.

    Pepe (PEPE): Is the frog token back?

    Dogwifhat (WIF) and Floki (FLOKI) have registered 43% and 35% each in the past 24 hours, still off Pepe’s big move.

    PEPE has gained as on-chain metrics suggest a resurgence for the frog meme. In the past week, the token’s holders count has increased from 155,735 on February 24 to over 157,600 on February 27. New holder have increased by nearly 2,000 in just three days.

    Interest in the meme coin is also likely down to whale activity, with large accounts holding between $100,000 and $1 million in PEPE showing aggressive buying. Also notably, PEPE is among the tokens Robinhood Crypto recently added for availability in select jurisdictions in the EU.

    Binance and a few other top exchanges have also highlighted PEPE, with Binance running a 700,000 PEPE promotion in its Simple Earn program.

    Pepe (PEPE) currently trades around $0.0000002488.

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  • The explosive growth of cryptocurrencies over the past decade

    The explosive growth of cryptocurrencies over the past decade

    • Cryptocurrencies surged from 66 in 2013 to 8,886 in 2023.
    • 2017 marked explosive growth, leading to 2,817 currencies.
    • The market peaked at 7,557 in 2021, later consolidating to 8,886 in 2023.

    In the fast-paced world of finance and technology, the last decade has witnessed an unprecedented surge in the popularity and diversity of cryptocurrencies. Beginning with the introduction of Bitcoin in 2009, the subsequent years have seen the emergence of numerous digital currencies, each vying for its place in the evolving landscape.

    A new research by CoinJournal.net analysed the data available on Statista in order to get an overview of the incredible growth of cryptocurrencies over the past decade.

    Year Number of cryptocurrencies
    2013 66
    2014 506
    2015 562
    2016 644
    2017 1,335
    2018 1,658
    2019 2,817
    2020 4,117
    2021 7,557
    2022 9,310
    2023 8,886

    The Early Years (2013-2016)

    In 2013, the cryptocurrency market was in its infancy with a modest 66 digital currencies. Bitcoin, as the pioneer, dominated the scene, setting the stage for what was to come. The subsequent years saw a gradual increase, with 506 cryptocurrencies in 2014 and 562 in 2015. As the technology matured, the number of cryptocurrencies continued to climb, reaching 644 in 2016.

    The Cryptocurrency Boom (2017-2019)

    The year 2017 marked a turning point, as the cryptocurrency market exploded with a staggering 1,335 digital currencies. This surge was fueled by increased public awareness, growing investor interest, and the rise of ICOs as a popular fundraising method. The momentum continued into 2018 and 2019, with 1,658 and 2,817 cryptocurrencies, respectively. These years were characterised by innovation, competition, and the exploration of diverse blockchain applications beyond just digital currencies.

    The Years of Unprecedented Growth (2020-2021)

    The cryptocurrency market experienced an unprecedented leap in 2020, with the number of cryptocurrencies soaring to 4,117. The COVID-19 pandemic, financial uncertainty, and the growing appeal of decentralised finance contributed to this remarkable expansion. However, the most remarkable growth occurred in 2021, with a staggering 7,557 cryptocurrencies. This explosive increase can be attributed to the mainstream acceptance of cryptocurrencies, institutional investments, and the broader adoption of blockchain technology.

    Consolidation and Adjustments (2022-2023)

    As we entered 2022, the cryptocurrency market experienced a shift. While the number of cryptocurrencies continued to grow, reaching 9,310, the pace slowed compared to the previous year. Regulatory scrutiny, market corrections, and a focus on quality over quantity contributed to a more consolidated landscape. In 2023, the number dipped slightly to 8,886, indicating a maturing market where projects were evaluated more critically.

    Max Coupland, the director of CoinJournal, comments, “As we reflect on the journey of cryptocurrencies over the past decade, it becomes evident that the market has not only weathered challenges but has also reshaped the financial world. The stage is set for continued evolution, adaptation, and integration into the broader financial system. Cryptocurrencies, having already made an indelible mark on finance, are certain to revolutionise our understanding of money and technology in the years to come.”

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  • Six major cryptocurrencies on Coinbase’s chopping board

    Six major cryptocurrencies on Coinbase’s chopping board

    • DerivaDAO (DDX), one of the delisted tokens, dipped the most after the announcement.
    • Multichain (MULTI), which has been facing serious setbacks with its bridge will also be delisted.
    • Coinbase regularly reviews its listed crypto assets to ensure they continually maintain the highest standards.

    Coinbase Assets has announced that it has decided to temporarily halt trading for six particular cryptocurrency assets, effective September 6, 2023, at 9 AM PT. The affected cryptocurrencies are BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI), and Voyager (VGX).

    As a result of this move, these assets will experience a substantial shift as they will no longer have access to crucial Coinbase services like the Simple and Advanced Trade capabilities, Coinbase Pro, Coinbase Exchange, and Coinbase Prime platforms.

    The official notification from Coinbase states that the trade for these assets will be suspended starting on September 7, giving interested parties around two weeks to adjust. Within hours, the news had thousands of views and likes on Twitter as it quickly gathered popularity across internet platforms.

    Coinbase commitment to quality within its listed assets

    Coinbase’s move was motivated by the crypto exchange’s unwavering dedication to sustaining the highest standards of quality in its listed assets. The exchange revealed that the six assets didn’t pass its strict listing requirements after completing a thorough investigation.

    Notably, following the announcement, the prices of Ooki (OOKI), Multichain (MULTI), DerivaDAO (DDX), Jupiter (JUP), Voyager (VGX), and BarnBridge (BOND) and fell by 0.5%, 0.7%, 24%, 16%, and 6%, and 5% respectively.

    One of the delisted assets, Multichain, has seen a string of setbacks, including the arrest of its CEO and the subsequent closing of its bridge due to significant Bitcoin (BTC) losses totalling more than $109 million.



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  • 10+ Best Cryptocurrencies to Invest in Now

    10+ Best Cryptocurrencies to Invest in Now

    It’s an incredible time to invest in cryptocurrency, with many analysts claiming that the bear market is now behind us and that the crypto market is on the way toward the next bull market. That said, identifying the best projects can be difficult, so it can be useful to keep a close eye on the sentiment of smart investors to understand where the opportunities lie.

    What are the best cryptos that offer investors the biggest profits?Basic Attention Token

    Several factors play a role in the potential success of a cryptocurrency project, and there is no doubt that the token’s utility and the community’s strength are vital to strong prospects. 

    With that in mind, here are some of the projects that experts all seem to believe could see positive price growth over 2023 and beyond:

    • AltSignals (ASI)
    • Metacade (MCADE)
    • Bitcoin (BTC)
    • Shiba Inu (SHIB)
    • Chainlink (LINK)
    • The Graph (GRT)
    • Ethereum (ETH)
    • Dogecoin (DOGE)
    • Binance Coin (BNB)
    • Uniswap (UNI)
    • Cardano (ADA)
    • Basic Attention Token (BAT)

    AltSignals – A revolution in trading signals

    What is AltSignals?

    AltSignals is taking the investment world by storm. The project is a rare opportunity to invest in a presale with many users on board and an established product. AltSignals is perhaps best known for its innovative AltAlgo™product, which enables traders to gain an edge over the competition and has helped drive the 1,500 signals sent out by AltSignals with an impressive 64% success rate. 

    The project is now looking to the next stage of cutting-edge signals development by building the new ActualizeAI product — an AI-powered next step in innovation that almost guarantees to drive unbelievable success rates for its users.

    Not only does the ASI token provide holders the opportunity for exclusive access to the ActualizeAI product, ensuring an incredible advantage over its competitors, but holders can also join the private AI Members Club — granting access to a range of wider benefits and earning opportunities in the process.

    What are the reasons to invest in AltSignals?

    AltSignals offers unbelievable upside for investors, with a community of 50,000 users ready and waiting. Given that AltSignals also boasts a 4.9/5 Trustpilot rating, it’s hard to see the downside of the investment.

    As the development of the product continues, holders who get in early could also have their profits compounded, with token value appreciation coupled with access to bleeding-edge trading signals at the same time.  

    What are the risks of investing in AltSignals?

    It’s hard to see the risks of the ASI presale, although the crypto market as a whole remains highly volatile, so this should be considered before any investment choice.

    >>> You can participate in the AltSignals presale here <<<

    Metacade – A incredible gaming arcade 

    What is Metacade?

    Metacade is an innovative new project that has released ambitious plans to build the world’s largest play-to-earn arcade. The Metacade ecosystem enables users to earn rewards for gaming and wider contributions to the ecosystem, which could boost user growth and retention over time.

    Many crypto industry analysts believe that allowing users to earn crypto rewards is a clever strategic decision, so it’s no surprise that the project’s play-to-earn arcade makes it a popular choice for the best cryptocurrency to invest in.

    The project also benefits from using the Ethereum blockchain, which is secure and reliable. 

    Why should you consider buying Metacade?

    The project is proving to be one of the most popular crypto presales, and the price of MCADE is seen by many as being at a huge discount compared to the project’s potential. Early investors could see a lot of buying pressure as early as this year, especially if the appeal of earning crypto rewards quickly builds a big user base. It’s now in the final stage of the presale so it’s the last chance to buy before it lists on exchanges.

    What are the risks of investing in Metacade?

    As a crypto project, Metacade is operating in a highly volatile market, and so like other cryptocurrencies, investors should consider this before investing.

    >>> You can participate in the Metacade final stage presale here <<<

    Bitcoin – The market leader

    What is Bitcoin?

    Bitcoin began more than a decade ago and has cemented its position as the most popular crypto to buy, thanks to a high level of decentralization and being considered stable — at least in the crypto market.

    Many believe that Bitcoin has the potential to replace fiat currencies, and that sort of real-world value would be required to drive a high level of growth in the household name cryptocurrency.

    Why should you buy Bitcoin?

    While Bitcoin’s market cap is very high compared to most projects and certainly for a digital currency, it might still be the best crypto to buy for more conservative crypto investors. If TradFi money starts to move into cryptocurrency, Bitcoin is the likely destination for a large part of that, and so BTC could still see some punchy price rises in its future.

    Even if Bitcoin doesn’t replace fiat currencies completely, it could also find a role as a store of value and an inflation hedge in the future. While the token remains a long-term investment for many, there’s no doubt that the blockchain technology that Bitcoin kickstarted is here to stay.

    What are the risks of investing in Bitcoin?

    The crypto space has developed substantially since the release of Bitcoin. In some ways, projects that enable functionality like smart contracts are favored regarding the disruptive use cases they make available.

    Shiba Inu – A strong community pivoting to utility

    What is Shiba Inu?

    Shiba Inu is a meme coin project that Dogecoin heavily inspired and, like most meme coins, began with very little utility. It managed to build up a large and passionate community. It could pivot relatively effectively to DeFi, giving the SHIB token a level of utility that it did not always possess.

    Why should you buy Shiba Inu?

    The enthusiasm found in the SHIB community, alongside the accessibility of the brand, means that Shiba Inu could perform well as a project that capitalizes on the limited awareness of crypto investment opportunities and serves as an entry point for those entering the space for the first time.

    This could mean that the price of SHIB has some way to go, provided that it can keep its momentum and continue attracting new holders to the DeFi use cases of the platform, such as earning rewards for providing liquidity on Shiba Swap.

    What are the risks of investing in Shiba Inu?

    The project’s market capitalization is high, which inevitably limits the increases the token can act on. As more crypto assets build on compelling use cases, many will see other utility-based tokens offering more bang for their buck.

    Chainlink – Bringing the real world on-chain

    What is Chainlink?

    Chainlink provides a broad range of Web3 services, which focus on the ability of their project to bring off-chain data into smart contracts. The project features a decentralized oracle network (DON) that uses financial incentives to ensure the accuracy of the data provided to its customers. As a result, it boasts the most partnerships of any crypto project.

    Chainlink also has a passionate community of holders who have long considered LINK the best cryptocurrency to invest in. They believe that Chainlink’s next focus, interoperability, could see the price of LINK skyrocket if it is used across the enterprise space too.

    Why should you buy Chainlink?

    Plenty of decentralized applications already use Chainlink services, making native token LINK a popular crypto asset for utility investors. The token is implemented on the Ethereum blockchain but is chain-agnostic, widening its adoption target.

    Secure data is a big requirement of many crypto projects and especially in areas like decentralized finance. As more decentralized applications come online, we could see more and more smart contracts needing access to data through Chainlink over time.

    What are the risks of investing in Chainlink?

    Chainlink is already very well known within the crypto space, and while it may remain a candidate for best crypto to buy, it might present more modest gains than those that can be found elsewhere. 

    The Graph – Indexing blockchain data 

    What is The Graph?

    The Graph is a crypto project that enables users to query blockchains for their data, making it possible to build use cases that require data from blockchains without hosting expensive nodes for every chain yourself.

    The project uses the GRT native token to support different roles in The Graph ecosystem. While it uses blockchain technology, it also boasts use cases that do not themselves have to be decentralized applications within Web3.

    Many investors see The Graph as a key part of the future of Web3, as blockchain technology helps drive a new set of experiences across the web. 

    Why should you buy The Graph?

    While GRT fell significantly during the crypto winter, the project boasts a lot of utility by allowing users to access so much data. The adoption of Web3 is slowly but surely building speed, and The Graph looks well-positioned to secure a big slice of the data market as the year progresses. 

    What are the risks of investing in The Graph?

    The adoption of blockchain technology is growing, but not at warp speed. It’s likely to be many years before we see the big shift from Web 2.0, so while GRT is compelling, it is definitely considered a long-term investment by holders who deeply understand the project. 

    Ethereum – The original layer-1 protocol

    What is Ethereum?

    Ethereum is perhaps best known as the creator of smart contracts and has proved immensely successful in capturing and retaining a huge chunk of the layer-1 market it created. Many see Ethereum as the best crypto to buy due to its dominant position, and given the incredible uptime the blockchain has delivered, it will be difficult to beat.

    Many crypto assets are based on the Ethereum blockchain to enable them to benefit from its reputation for being secure and reliable. While Ethereum is not considered a digital currency in the sense of payments, crypto enthusiasts understand that it has a huge reach regarding the number of industries it could disrupt. 

    Why should you buy Ethereum?

    The Ethereum ecosystem is a very popular choice for developers, and this could mean a high growth percentage over the coming years. The crypto winter did little to reduce the enthusiasm for the Ethereum network, and we could see the cryptocurrency market respond well to the moves Ethereum is making following its recent move to proof-of-stake.  

    What are the risks of investing in Ethereum?

    Ethereum has had a reputation for very high transaction fees, and while the project has seen these reduced over the last year, there is a long way to go before it can compete on that front with the Binance Smart Chain.

    Dogecoin – The first meme coin

    What is Dogecoin?

    Dogecoin is a project that Billy Markus began as a joke in 2014. Of all crypto projects, Dogecoin has been on one of the most impressive journeys, making its way to near the top of the crypto market due to the passionate community.

    The main use case for Dogecoin is as an alternative form of payment, a digital currency similar to the main use case for Bitcoin and LTC (often considered the silver to Bitcoin’s gold).

    Why should you buy Dogecoin?

    Dogecoin might be the most popular crypto to invest in for newcomers to crypto, and this gives the project a big advantage over more technically complex and intimidating projects. The best cryptocurrency projects are the ones that have the largest user bases, and despite being a meme coin, Dogecoin boasts low transaction fees and is incredibly well known.

    What are the risks of investing in Dogecoin?

    Dogecoin sees itself as the future of money, but whether it could handle the vast number of global transactions without some sort of scaling solution is unlikely. It also has a very high market cap considering the relatively low level of adoption of the project for real-world use cases.

    Binance Coin – A popular centralized ecosystem 

    What is Binance Coin?

    Binance is the biggest dedicated crypto exchange in the world, and its trading volume is something that a decentralized cryptocurrency exchange can only dream of. Binance has expanded significantly beyond the exchange, including its own blockchain — the Binance Smart Chain.

    Binance provides great support to projects launching on the BSC, and many investors prefer to back crypto assets like Binance Coin, which have high investments even if they lack decentralization.

    Why should you buy Binance Coin?

    Binance provides a high throughput and low fee environment for developers and will likely continue to see huge growth on the platform. Should the chain capture one or two high-volume projects that go mainstream, we could see the price of native token BNB increase significantly. BNB can also be staked to earn rewards, making it one of the best cryptos to buy. 

    What are the risks of investing in Binance Coin?

    The days of securing BNB at a huge discount are behind us, and the project now has a very high market cap compared to many others. It also is battling against the Ethereum blockchain, and if TradFi exchanges enter the space in the coming years, Binance’s dominance might be challenged. 

    Uniswap – Ethereum’s most popular decentralized exchange 

    What is Uniswap?

    Uniswap is a decentralized exchange that allows users to trade cryptocurrency in a trustless way. The platform allows for a huge amount of crypto assets to be traded and is one of the earliest ways to acquire tokens for new projects, as it uses smart contracts to make the trades.

    As Uniswap is implemented for the Ethereum blockchain, it benefits from the proof-of-stake consensus for security, and its close connection with ETH, which is widely considered one of the best crypto projects.

    Why should you buy Uniswap?

    The native token UNI is used to facilitate trades. So holders of UNI believe that the ability to earn rewards by providing liquidity puts it among the best crypto out there. If we see a rise in the trading of projects with low market capitalization, Uniswap could continue to grow over the coming years. 

    What are the risks of investing in Uniswap?

    As more and more traditional exchanges get involved in crypto, we could see many of them utilize smart contracts to try to take some of the trading volume in this space. Uniswap is also at the mercy of Ethereum’s market share and already has a market cap.

    Cardano – An alternative home for decentralized apps

    What is Cardano?

    Cardano is another proof-of-stake layer-1 protocol that has produced many projects building on its blockchain. Of all blockchain platforms, Cardano boasts some of the most ardent crypto investors in the space, with the crypto industry still unsure whether Cardano can prove reliable (and with low enough gas fees) to take on the Ethereum network.

    The project uses its cryptocurrency, ADA, to pay for gas fees on transactions, although its current gas price on Cardano is much lower than that on chains like Ethereum. The project has also been able to gain exposure as a result of its outspoken founder, Charles Hoskinson.

    Why should you buy Cardano?

    Cardano has a large development community, building projects that support in-game assets, real-world rewards, virtual worlds, and much more. The dedicated community means the momentum will likely stay, which could mean big returns over time.

    What are the risks of investing in Cardano?

    Whether other cryptos offer better layer-1 functionality is debatable, but Cardano has struggled with releases even during the current bear market. While many consider ADA among the best cryptos to buy now, there are likely to be other digital assets that could bring higher rewards, especially if invested in a hardware wallet for the long term.

    Solana – A VC-backed layer-1 protocol

    What is Solana?

    Solana is a layer-1 protocol project that uses the crypto token SOL for its fees, similar to other cryptocurrencies. The SOL token can also act as a governance token, and Solana has formed partnerships with many large companies. 

    Solana has formed an active development community, with projects allowing users to buy virtual plots of land, mobile gaming rewards, and many for trading cryptocurrencies. Despite some centralized servers dominating the network, the project remains very popular with blockchain purists. 

    Why should you buy Solana?

    SOL is a crypto token that sees price movement based on the activity on its network. With many a presale launch on the platform, the native cryptocurrency SOL could catch a boost from a successful project launched on the chain. 

    The cryptocurrency markets can be difficult to predict. Still, SOL is certainly a digital asset that could provide real-world utility if use cases like tokenization are picked up on the platform. Many other crypto assets across the cryptocurrency space are built on or integrated with the Solana network.

    What are the risks of investing in Solana?

    SOL is a popular coin, and although many think it could have huge potential, it has a much higher market cap than many other coins. With SOL on all centralized exchanges and most investors’ crypto portfolios, some could argue it’s already at a fair market value. Its valuation compared to early projects rules it out of the biggest gainers.

    What is the best crypto to buy right now?

    Anyone can see that there are a lot of interesting opportunities out there for investors right now, but it’s difficult to see past AltSignals as an incredible investment that seems destined for the big time. 

    How long it will take for the token to see massive price appreciation remains to be seen. Most investors wouldn’t be surprised to see incredible returns this year as more of the market realizes the huge opportunity.

    Related Crypto FAQs

    What are cryptocurrencies?

    A cryptocurrency is a set of digital or virtual tokens that utilize cryptography for security and operate independently of any central authority. They are decentralized, meaning they are not controlled by governments or financial institutions and are usually based on a peer-to-peer blockchain network.

    Cryptocurrencies offer several advantages over traditional fiat currencies, including lower transaction fees, faster transfer times, and increased privacy. They also provide greater financial inclusion, allowing people without access to traditional banking services to participate in the global economy.

    While the crypto market has seen extreme volatility and is not without risks, the potential for significant returns has attracted investors and traders worldwide. As cryptocurrencies evolve and gain acceptance, they are poised to revolutionize how we think about money and financial transactions.

    What is a crypto presale?

    A crypto presale is a fundraising event allowing investors to purchase tokens or coins of a new cryptocurrency project before its official launch. This is usually done to raise funds for development, marketing, and other expenses related to launching the cryptocurrency.

    During a presale, the tokens or coins are typically sold at a discounted rate to early investors. The idea is to incentivize investors to invest in the project early on, with the expectation that the value of the tokens or coins will increase in the future.

    Crypto presales are often seen as a way for investors to get in on the ground floor of a potentially promising project, but they can also be risky. As with any investment, there is no guarantee of returns, and investors should do their due diligence before participating in a presale.

    Which crypto will explode in 2023?

    Many projects could perform well over 2023, although many analysts tasked with finding the best cryptos to buy are returning to AltSignals as a fantastic opportunity for big returns. 

    Which crypto to buy today for the short term?

    The best crypto for short-term gains is difficult to identify, but choosing a crypto to invest in for gains in 2023 relies on project momentum this year. AltSignals could do well in both the short and long term due to its active user base, and the low market cap makes it a strong choice for big profits. 

    Which crypto to buy today for the long term?

    Other projects that could perform well in the cryptocurrency market include the likes of Metacade, as play-to-earn is set to be a huge growing market and could be among the best cryptos to buy for long-term returns if its play-to-earn arcade can build a large user base.

    Which crypto has the most potential?

    When many investors think of cryptocurrency, they think of the crypto asset Bitcoin. But with smart contracts such as in the ethereum ecosystem enabling decentralized finance, many projects have big potential. Projects built on proof-of-stake chains are considered wise investments, and a low market capitalization is necessary for big returns.

    What is the best cryptocurrency to invest in 2023?

    The best crypto to buy in 2023 will likely have a low market capitalization, and all the best cryptocurrency projects need a great deal of utility. This makes the best crypto to invest in more likely to be an early-stage project such as AltSignals over a high market cap project such as Bitcoin. 

    Are there cryptocurrencies ETFs (Exchange Traded Funds)?

    There are a growing number of cryptocurrency ETFs, although compared with the best cryptos to buy in the market, they are likely to offer more modest returns. For conservative investors more comfortable with a digital asset like Bitcoin than projects in decentralized finance and other cryptocurrency use cases, ETFs could be a good option. 

    You can participate in the Metacade final stage presale here.

    You can participate in the AltSignals presale here.

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