Best Crypto to Buy Now July 12 - Axie Infinity, Ecoterra, XDC Network

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The crypto market seems to be roaring back to life after the bear dominance in the early parts of the month. Nonetheless, trading volume fluctuates between highs and lows, and the fear/greed index remains below 60. The cryptocurrencies in today’s list of the best crypto to buy now seem to have common similar price movement from mid-June till date. However, before considering the details, below is a quick overview of the crypto market today.

The global crypto market cap remains relatively the same with only an increase of 0.72%, bringing the value to $1.19 trillion. On the other hand, trading volume decreased by 20.45% with a value of $25.82 billion. The deFi market continues its trend with an increase in trading volume. It makes up 7.72% of crypto trading volume in the last 24 hours.

Bitcoin briefly touched the 31,000 mark yesterday before dropping back to the 30k range. Could this mean that the predictions of a bull run would come through? As of today, BTC printed a decimal gin of 0.10% and its dominance crossed onto 50%.

Global Crypto Market Cap Chart

The Best Crypto to Buy Now

As the trading volume across cryptocurrency assets continues to dwindle, now might be the best time to diversify your portfolio to make room for promising assets. One of the best presale coins to look into right now is the Ecoterra token. In a matter of hours, the Ecoterra presale will end. After that, the token will be listed on LBank, Bitmart, and Uniswap V3 on the 14th of July at 10:00 am UTC. Read on to find out why Ecoterra is the best crypto to buy now.

1. Axie Infinity (AXS)

According to future market insight, the Web 3 gaming industry is worth $23.9 billion as of 2023. One of the leading projects in the Web 3 gaming niche is the Axie Infinity. It has been at the forefront of Web 3 game development since 2018, claiming its honor as one first play-to-earn games in the industry. The gaming sector performed so well in its early days that it pushed the price of AXS above the $165 mark. However, it has since lost its value, and has traded below $6 for most of 2023.

Axie Infinity made decisive business moves last month that pushed its value upwards and restored confidence in the token. The market responded positively to the moves to the extent that its price reached as high as $6.3 by late June. But the growth didn’t last as the pressure from the bears sent it back down to $5.5 by the early days of July.

Why is AXS the best crypto to buy now? While now might be too early to hop on board the AXS train, it’s time to keep an eye on its price action. With the token lock of almost $2 million value on the 22nd of July, there’s likely to be a dip in the price of AXS.

That time might be the best time to pick up some of the tokens. Axie Infinite has a market cap of over $700 million in the gaming market of over $23 billion value. Getting on board a scaling platform could be a way to benefit from the expansion that might hit the sect in the coming months. Also, it’s best to think of buy and hold when it comes to AXS.

2. Cronos (CRO)

Is Cronos finally retracing its track back to the upward trend? Cronos started an upward price movement in the middle of June that took its price from a dip of $0.05 to as high as $0.06 in less than 10 days. However, pressure from the bear has pushed the back to $0.055 and it traded in that region until a few days ago. At the moment, the price of CRO might be greatly discounted, making it one of the best cryptos to buy now.

CRO may have found the support it needs to make the breakout as it has increased by almost 2% daily in the last 3 days. What’s more, is that the trading volume of CRO has also recorded an increase in the same period. Its trading volume as of today is up by 17% and counting.

What’s fueling CRO gains? The coin has been on a declining trend all year long with over 48% shaved off its value. However, it started trading sideways in the middle of June after the SEC crisis subsided. The bulk of its growth in that period came as a result of the visibility. The price action seen on the CRO chart comes from the visibility it drives for its platform.

At the moment, Crypto.com, which is the parent platform of CRO is celebrating its 7th anaplasty, which is in turn generating visibility for CRO. Furthermore, it got from its partnerships and accelerator programs with the likes of Google and Protocol Labs. Nonetheless, CRO is taking decisive steps towards getting traction for its asset. It might keep CRO on a progressive path for the coming weeks.

3. Theta Network (THETA)

THETA seems to be indecisive as to the path it would follow. For over 30 days now, the token has traded relatively sideways with its price fluctuating between $0.79 and $0.69. From the 15th of June to the early days of the month, the price of THETA varies widely between boom and bust as the contention between the bulls and bears intensifies.

As of today, the bulls seem to have the upper hand as THETA has recorded a 38% increase in trading volume and a 4% increase in the price. The increasing value is not the only reason to consider THETA as the best crypto to buy now. The growing interest in portfolio diversification positions assets like THETA for the impending price surge.

THETA is in a crypto sector with lesser competition achieving the same level of relevance. Its performance in the video streaming sector seems to outshine others in its category. With the growing attention given to the crypto sector, there’s a likelihood the token will see a surge in the coming days.

4. Aave (AAVE)

Aave has shown evidence of resilience in recent weeks. Its ability to withstand the pressure from the bears in the early days of this month set it apart from the other LP tokens. Not only did it stand its ground, but it also continued its growth unabated, and its price gains topped 43% in the last 30 days.

The protracted gains have helped AAVE regain its momentum after a year-long downward trend that pushed its value as low as $51. Currently, the AAVE price has increased by 5% in 24 hours. Similarly, its trading volume has gone up by 21% in the same period. With the consistent gains, it’s safe to say that AAVE is one of the best cryptos to buy now.

A recent move by the AAVE network is the push for the establishment of its stablecoin. The platform is pushing to capitalize more on the DeFi market with the introduction of the GHO token which would allow users to mint tokens. The Proposal is still in progress and awaits approval.

What it means is that there’s bound to be a spike in the visibility and activity around the AAVE network in the coming days. Undoubtedly, Aave might be testing the $83 resistance in the coming weeks. If it overcomes the resistance at that zone, it might be on its way to $100 or more. However, in the meantime, investors should keep an eye on the token.

5. Ecoterra (ECOTERRA)

It’s only a few hours to the end of the Ecoterra presale and the call is still on for investors to join the movement that is about to rewrite the narrative of climate change. Once the time runs out, the token will be listed on LBank, Bitmart, and Uniswap V3 on the 14th of July at 10:00 am UTC.

🌈 New #listing

⛵️ $ECOTERRA (Ecoterra) will be listed on LBank！@ecoterraio

Ecoterra is a blockchain ecosystem for user rewards and company action on climate change.

👉 Details: https://t.co/GNWgfKozUN pic.twitter.com/Gsbc1so93m

— LBank.com (@LBank_Exchange) July 11, 2023

While the world battles with the problem of solid waste and the impending climate crisis, a team of highly skilled experts put their effort together to create a Blockchain-based solution. One that does not only solve the problem but also creates a system of incentivizing participants into becoming more committed to the vision.

Out of this effort came the Ecoterra platform and the recycle-to-earn initiative. In about 11 hours or less the world would welcome a movement that would revolutionize the way we interact with solid waste. Not only that, it would also transform how people and companies think about earning returns in the cryptocurrency industry.

Today is the final day of the $ECOTERRA presale, and we've already raised an incredible $6.1 MILLION 🔥

Let's keep the momentum going and show our support by purchasing $ECOTERRA on our website: https://t.co/1fYkPOsPYG 💪🏼🤩

🤝 Together, we can make ecoterra a success! pic.twitter.com/PN1nrboj3v

— ecoterra (@ecoterraio) July 12, 2023

Even though the project has raised a whopping $6.1 million in its presale effort, it’s still offering a 10% bonus to investors who would join the movement before it goes live. It’s not too late to become a part of the revolution.

Visit Ecoterra presale.