Best Crypto to Buy Now December 15 - Aleph Zero, Echelon Prime, Hedera

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Finding the best crypto to buy right now is a never-ending task, with dozens of tokens launched on CEX and DEX platforms daily.

Recently, the Securities and Exchange Commission turned down Coinbase’s request. This request was for a special set of rules regarding the cryptocurrency industry. In a letter to Coinbase’s chief legal officer, Paul Grewal, the SEC said they didn’t see a need for these new rules, so they denied the request. This shows the SEC’s current position on whether specific regulations should exist just for cryptocurrencies.

Best Crypto to Buy Now

Bitcoin, the leading cryptocurrency, currently holds a dominance rate of 51.64%, reflecting a marginal decrease of 0.35% within the day. This metric signifies Bitcoin’s share relative to the entire crypto market. The recent market movements demonstrate a nuanced landscape within the cryptocurrency sphere.

1. Aleph Zero (AZERO)

Will AZERO retain its place as the best crypto to buy now? Aleph Zero’s price increased by 59% last year, outperforming 55% of the top 100 crypto assets. It’s trading above its 200-day simple moving average, showing a consistent upward trend.

In the last month, Aleph Zero had 17 green days out of 30, making up 57% of its recent trading days. This indicates a mostly positive market sentiment recently.

There are currently 266.78 million AZERO tokens in circulation. Over the past year, 105.31 million AZERO tokens were created due to a yearly supply inflation rate of 65.22%.

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— Aleph Zero (@Aleph__Zero) December 13, 2023

Aleph Zero hit its highest price on April 14, 2022, reaching an all-time high of $3.09. Its lowest price was recorded on June 18, 2022, at $0.594389. The sentiment around Aleph Zero’s price prediction leans towards a bullish outlook. The Fear & Greed Index sits at 70, showing a state of greed among investors.

2. Bitcoin Minetrix (BTCMTX)

Bitcoin Minetrix is a cloud mining platform aiming to make Bitcoin (BTC) mining secure and transparent. Over 400,000 BTCMTX tokens are currently locked in staking, offering an annual percentage yield (APY) of 103,225%. This might decrease as more tokens are staked.

https://twitter.com/bitcoinminetrix/status/1735706516001362064?s=20

Regarding token distribution, 42.5% of BTCMTX tokens support mining operations, and 35% are for marketing and growth. Moreover, 15% are reserved for community rewards and 7.5% for staking until the platform launches.

The project has raised over $5.3 million, offering tokens at $0.0122 each. With 70% of the total 4 billion tokens available during the presale, investors can buy them using Ethereum (ETH) or Tether (USDT). The minimum investment is $10.

The BTCMTX pricing window closes soon, giving potential investors a brief opportunity to join before potential price increases. Researching and considering risks before investing in any cryptocurrency is crucial, as is evaluating Bitcoin Minetrix’s claims against market realities.

Visit Bitcoin Minetrix.

3. Echelon Prime (PRIME)

Echelon Prime partnered with ChainSafe Gaming to create Sanctuary, a new NFT marketplace exclusively for the “Parallel” trading card game. It launched on December 11, 2023, aiming to be the go-to place for everything related to “Parallel.”

This marketplace is custom-made for “Parallel” players and collectors. Players can easily buy and sell cards, organize their collections, join tournaments using the built-in app, and access other valuable tools. Echelon and Parallel Studios made sure it’s super smooth for players to use.

Recently, Echelon Prime has been doing well in trading. In the last month, it had 15 good trading days out of 30. PRIME is trading close to its highest point and has good liquidity based on its market cap.

Sanctuary is live.https://t.co/ViXsKMTzhM pic.twitter.com/cnRD71H6XQ

— Echelon (@EchelonFND) December 11, 2023

Current sentiments surrounding Echelon Prime’s price prediction lean toward bullish. The Fear & Greed Index is at 70, indicating a greedy sentiment among investors. Currently, 26.27 million PRIME tokens are circulating out of a maximum of 111.11 million.

4 Solana (SOL)

SOL has caught the attention of the crypto space as one of the best crypto to buy now. Solana has experienced an incredible surge, witnessing a staggering 441% increase in its price over the past year. This surge outpaced about 89% of other top 100 cryptocurrencies.

Notably, Solana outshined big players like Bitcoin and Ethereum during this time, showcasing its significant potential in the crypto landscape. Solana’s price is currently above its average over the past 200 days. It has had 17 good days out of the last 30, showing a positive trend.

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— Solana (@solana) December 11, 2023

One of Solana’s strengths is its high liquidity, thanks to its substantial market value. Moreover, there are 427.64 million SOL coins out of 533.68 million SOL in circulation. In the last year, about 64.73 million SOLs were created due to a 17.84% yearly inflation rate.

Right now, there’s a positive sentiment around Solana’s future price. The Fear & Greed Index stands at 70, indicating a phase of ‘Greed’ in the market. Additionally, SOL ranks second in Proof-of-Stake Coins and the Solana Network sectors and fifth in the Layer 1 sector.

5. Hedera (HBAR)

BankSocial has launched its new Wallet 2.0, claiming to be the first self-custody, multichain Hedera Wallet with integrated staking. The wallet is tailored to work smoothly with BankSocial exchange, offering integrated KYC and staking features. It aims to be user-friendly, fast, and straightforward.

Moreover, the wallet links seamlessly with the BankSocial® exchange and other DEXes. Its security relies on a credit union infrastructure, promising safety for users’ assets and supporting new features.

Hedera has undergone notable fluctuations in its market value. It hit the peak price of $0.567001 on September 15, 2021, and plummeted to its lowest point of $0.009880 on January 2, 2020. After reaching its all-time high, the price dropped significantly to $0.035755 before reaching a peak of $0.098332.

Presently, sentiment surrounding HBAR leans towards optimism. Market predictions signal a bullish trend. At the same time, the Fear & Greed Index registers at 70, signaling greed among investors.

#OpenBanking platform @BANKSOCIALio has today announced the launch of BankSocial Wallet 2.0 App – a uniquely multichain, #Hedera-compatible self-custody solution with integrated #staking and KYC capabilities for seamless interaction with #DeFi protocols.https://t.co/tdIRvbg12L pic.twitter.com/sIsdNUHeN8

— Hedera (@hedera) December 14, 2023

With a circulating supply of 14.83 billion HBAR out of a maximum supply of 50 billion HBAR, the cryptocurrency holds the 12th position in the Proof-of-Stake Coins sector. Additionally, it holds the 31st position in the Layer 1 sector based on market capitalization.

Analyzing its recent performance, Hedera has demonstrated an 80% price surge over the past year, outperforming 62% of the top 100 cryptocurrencies. Notably, it has consistently traded above its 200-day moving average. Furthermore, it has exhibited positive price movements in 20 out of the last 30 days, accounting for 67% of the observed period. Moreover, its market liquidity appears robust when compared to its market capitalization.